As a collective community, I think steemit users know more than the average person in terms of earning and exchanging cryptocurrency. I know most people use Poloniex to trade, but when wanting concrete cash to use, I just wanted some advice.
I currently use Paxful to trade my bitcoin, and I realize fees are unavoidable, but I wanted a more safe option in terms of selling BTC for Paypal or even Direct Deposits.
It seems as though exchanging BTC is never really discussed, as it is better to save up...and I am doing that, but I enjoy splurging from time to time.
Any help is appreciated, thanks so much!
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You can find someone that will pay cash. Try Craigslist. If you meet up with someone to do a trade make it a public place.
You can Also use Coin Base I think that they can do a wire transfer to your bank account, but you will need to pay taxes on it.
Public trade sounds risky, I might just keep to Paxful and skip the trouble lol. Thank you though!
I used https://gemini.com/ for buying some BTC. Although I had to prove my identity via a drivers license in order to make the account. I think they only link to bank accounts or credit cards. Might not be what you are looking for if you wanted an anonymous option.
I have tried Gemini, a bit pricey in terms of fees. Thank you though man!
BTC straight to my Bitpay or Shift debit card.
I keep forgetting about Bitpay, VISA just has the BTC address and I deposit just like anything else on the blockchain?
yup just like i show how i can do it directly with TX to BTC to Bitpay all in one process
Thx brosk