Post
Topic
Board Trading Discussion
Re: A better way to exit out of Bitcoin
by
fox19891989
on 03/05/2015, 08:20:41 UTC
I'm currently looking into a better way to exit out of Bitcoin ( we all know its hard to get into bitcoin ) but the exit out always requires people to fill out a bunch of paper work i.e, coinbase/ insert exchange here. When I say exit out I mean BTC to Cash.  So , would be sent to your paypal, dwolla account ( ya,ya I know paypal right ) . The problem is incentive to use the service over said Coinbase/exchange.  Didn't know if people had an idea of a better incentive to use my service versus the ones mentioned above ?  I know a better rate , say a little higher in price  ( although this is going to be for selling small amounts of BTC to start $25, $50 max. ) ,but I'd be losing money at that point I think ? Can anyone think of a better incentive ? I thought about a sort of redeem bitcoins coupon say a month later or something. Dunno. Seeking feedback before starting in. Thanks!

You can use local bitcoin, prices there are higher than exchanges, so you can make more money, but be careful, there are some phishing site to scam new users.

Look at the url, make sure it's the official site. I heard one guy was scammed by a phishing site, he lost some coins there.