Quote from: ruletheworld on August 03, 2013, 04:02:40 PM

Quote from: kira4light on August 03, 2013, 02:02:24 PM

I have some bitcoins and now I want to change them into cash or money in my bank account. I located in US and I don't mind if it takes 2 or 3 weeks. I want to know in which way you don't have to pay ridiculously high fees.

I tried to use MtGox to transfer money to BOA, but both ends charge very high fees:
On MtGox side, since I have a US bank, I have to do 'international transfer', which I heard charges ~$40?
On BOA side, every international transfer charges $16 dollars.

So any suggestions on minimizing the fee, both on the ex-change side and the bank side? Thanks!

Or is there any smarter way such that you don't have to pay any fee? Again I don't care if it takes a long time.

Coinbase is pretty decent for US bank transfers. Otherwise, just check out localbitcoins and make an in-person transfer.

I also use Coinbase. Once you link up your bank account, it's very cheap to sell BTC.