Post
Topic
Board Beginners & Help
Re: What is the best way to change bitcoin into cash???
by
Dps23
on 04/08/2013, 03:51:40 UTC
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.

thats why we use cryptocoin my dear
banksters rip you off every penny if you transfer $100 you pay $50 on fees to banksters pocket.
I dont sell any BTC and even if I would sell than I would change it into other coins. it is not time to cash coins.