Post
Topic
Board Bitcoin Discussion
Re: Beware of CoinBase
by
StevenS
on 15/04/2015, 20:00:38 UTC
I'm not asking for specifics because I don't want to invade your privacy.  But can you give me a rough estimate of how much BTC I can sell for fiat, and how long it takes?  I'd imagine it's mostly like people want to buy less than 1 BTC worth at a time, so it would take a while to sell it.
Here's an example from LocalBitcoins.com.
"Brian", somewhere in the US, will buy up to $9500 of your bitcoin at $227/BTC. After you fund the trade, he will make a deposit into your bank account (at Bank of America, TD Bank, or Citibank).