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4516563 No.4516563 [Reply] [Original]

Ausfag here, need to cash out some btc what's the best site to use?

>> No.4516568

>>4516563
btcmarkets - 1-2 business day cashout

>> No.4516569

>tetherfinex

>> No.4516597

>>4516568
>btcmarkets
I did buy some of my btc through them so at least I have an account and know the site is okay.

Do you know if they offer a decent price? I know some places tend to give shitty deals when people want to cash out.

>> No.4516612

>>4516563
Sell yourself on Localbitcoin and you get away with a slightly higher charger cause it's anonymous or use a buyer off the site like I did.

Maybe use coinspot too, but havn't brought or sold btc. Only alts.

And btcmarkets is good but haven't used it myself.

>> No.4516627

Living room of satoshi.

>> No.4516649

>>4516563
Oh and how much btc you cashing out? just curious

>> No.4516656

I have used livingroomofsatoshi a few times. Had the money in my account on the same day.

It has a rewards system and you can cash out 1k without an account or 50k with an account per transaction.

>> No.4516682

>>4516597
price is relatively decent - theres a 0.7% trading fee

>> No.4516747

>>4516649
about 3k aud.

>>4516612
Just checked out Localbitcoin, pretty interesting.

>> No.4516752

ill give you 10k cash per btc and no kyc customer bullshit

>> No.4516830

>>4516752
That's not a bad offer anon. Whereabouts are you located?

>> No.4516852

>>4516830
Minto

>> No.4516905

>>4516852
Kek, I'm SA.
While I would love to get cash, bit of a distance haha.

>> No.4517538

>>4516563
nice try ancap

>> No.4517565

>>4516563
Cash out in Aussie prostitutes, or you are gay.

>> No.4517671

Just use Coinjar, better yet if you get their Coinjar EFTPOS card you won't even need to cash out.

>> No.4518264

>>4516563

Just FYI to everyone here actually. If you cash out your BTC to fiat in bull market like right now (and the tides are about to turn) it will be a breeze and you get a relatively great exchange rate. However, when BTC is bearish expect to pay hefty premiums for currencies like USD.

Remember when you bought BTC on coinbase and you could swear that the price was lower when you hit buy? Expect the same in reverse for selling.

No matter what BTC to FIAT will always net you 10-25% less than you would expect from actual Market Price.

>> No.4518348

>>4516905
Where in SA are you?

>> No.4518652

>>4518348
Mt Barker

>> No.4518680

>>4518264
I found coinjar to be pretty favorable vs the BTC - USD spot price

>> No.4518740

>>4518652
Come to Adelaide and I'll give ya 9.5k cash
Wont even shank you afterwards for my money back

>> No.4518809
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4518809

>he thinks you can cash out

>> No.4518903

>>4518740
kek.
I only need to sell like 2 maybe 3k of btc.

>> No.4519227

Use coinspot.

It has good rates for selling

>> No.4519261
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4519261

BTCmarkets no fee to cashout AUD and you'll have it within 2 days. Trading fee is OK too.

>> No.4519265

Cunts best way to avoid tax ?

>> No.4519281

>>4517671
this

>> No.4519401

>>4519265
>paying tax

I really don't know how withdrawing btc will effect my centrelink payments kek.

Anyway I'm cashing out then withdrawing it all so my bank account with be empty af.

>> No.4519750

Coinjar.com.au

probably isn't the best for fees, i think there is about $100 worth of fees per btc. i have only just done my first withdrawal to bank account ever.
not sure how long it will take, might already be there i haven't checked.
Depositing was pretty easy, used Bpay i think, took about a day and a half

>> No.4519766

+9000 for living room of satoshi.

>> No.4519931

>>4519750
I just checked my account and its in there.
I put the deposit through at about 4pm yesterday.
Can confirm, Coinjar only takes 1 day to withdraw.
It took me about a day to be fully verified, and 2 days for me to verify my bank account.
So if you signed up now, you would get your money on monday or tueday

>> No.4519936

>>4516852
How's bogan-filled Minto

>> No.4519990

What's the best way to buy BTC in Aus that doesn't involve a meetup/cramming cash into an envelope/credit card fees?

>> No.4520045

>>4519990
BTCMarkets
Coinjar
Localbitcoin (Find vendor who accepts bank deposits. But they higher charger per btc cause of no proper verifing)

>> No.4520425

>>4520045
Cheers fella

>> No.4520454

>>4519401
>>4519265
Speaking of tax, do you tell the government about your crypto?

>> No.4520457

>>4516563

kraken works great with NAB (national australian bank). tested plenty of times.

>> No.4520699

>>4520454
Bumping as I also need to know for a friend

>> No.4520724

>>4519936
Lol. You are probably one of those Australians who actually thinks our whole country isn't entirely comprised of 100% classless , trashy bogans . And what's better is the chinks who think they are free from this statistic as well. Look at chinks ffs: trackies, slides with socks , shit sunnies

>> No.4520739

>>4520454
From what I've researched so far your best bet is opening up an offshore bank account in a country that you think won't provide our cuck government with details of their foreign investor accounts.

>> No.4520755

+ one Living room Satoshil.

>> No.4520846

>>4520724
I like to think we have some good folk, but most of them are fucking shit. But Minto is a true bogan shithole and like 30 minutes away