<p>Although you can find a more comprehensive list <a href="https://en.bitcoin.it/wiki/Exchanges" rel="noreferrer">here</a> on the Bitcoin Wiki, some of the most popular exchanges in the community are:</p>

<ul>
<li><strong>Coinbase</strong> - <a href="https://coinbase.com" rel="noreferrer">https://coinbase.com</a></li>
<li><strong>Bitstamp</strong> - <a href="https://www.bitstamp.net" rel="noreferrer">https://www.bitstamp.net</a></li>
</ul>

<p>You can exchange your bitcoins for US dollars on these websites and have them funded to your bank account.</p>

CC BY-SA 3.0
2014-12-24T20:13:35.287Z
Also see http://bitcoincharts.com/markets/.
gosuto
CC BY-SA 3.0
2014-12-25T01:19:32.450Z
From what I have heard, Payza is now doing bitcoin, not sure how the service is, but may be worth mentioning.
Ben P. Dorsi-Todaro
CC BY-SA 3.0
2017-05-30T00:00:11.250Z
Is Coinbase reputable? There are an overwhelming number of repots of people claiming they stole their money. Also they require your bank account login password. Seems sketchy.
spuder
CC BY-SA 4.0
2019-05-25T03:26:58.787Z
Do any of those allow instant withdrawals to a bank account?
ZeroPhase
CC BY-SA 4.0
2021-01-31T12:16:45.317Z
@spuder What a "bank account login password" even is?
Sz.
CC BY-SA 4.0
2021-02-01T03:15:25.337Z
At the time, I believe if you wanted to transfer to a bank account, to had to actually give Coinbase your username and password to your bank (opposed to an AHCI transfer with a routing number). This was several years ago so this likely has changed.
spuder
CC BY-SA 3.0
2013-11-25T08:53:00.220Z
2014-12-24T20:54:27.670Z
2014-12-24T20:54:27.670Z
Sam Weinberg
<p>The usual procedure would be to deposit the bitcoins into a bitcoin exchange, sell them there, and withdraw the cash to your bank account.  You will have to identify yourself to the exchange, and the exchange must be able to send money to your bank.  </p>

CC BY-SA 3.0
2015-07-21T00:49:46.253Z
2015-07-21T00:49:46.253Z
Jorge Stolfi
<p>If there are Bitcoin ATMs in your country it should be as simple as goint to the ATM ask for a refound and transfer the Bitcoins to where the ATM asks for. After that it should give you the money (whitout the processing charges).</p>

CC BY-SA 3.0
2016-04-30T15:51:13.277Z
Could you expand this? So I need to go in front of ATM with a mobile wallet and send btc to an address and then take the cash?
Davide C
CC BY-SA 3.0
2016-05-03T06:53:32.737Z
I haven't used the service, but it surely be as simple as reaching an ATM, you will be presented with a QR code or the address where you need to send the bitcoins, and as soon as the transaction is confirmed the ATM will give you your money. How long will it take for the transaction to be confirmed is something I don't know, ATM may take the risk and won't  make you wait or you may have to wait some time for the transaction to be confirmed. You will need to check that with the ATM.
YoMismo
CC BY-SA 3.0
2015-07-20T10:00:03.023Z
2015-07-20T10:00:03.023Z
YoMismo
<p>Bitcoins can not be withdrawn into a bank account directly. You can either sell them to somebody who then transfers money to your bank account, or you can sell them at an exchange and withdraw the funds from there. The first method may be quicker to set up but is a bit more risky. However, given the recent Bitfinex hack, having money at an exchange is not without risk either.</p>

CC BY-SA 3.0
2016-08-04T05:48:42.233Z
2016-08-04T05:48:42.233Z
Hans-Martin Mosner
<p>There are a couple of ways to sell bitcoins for fiat currency (like USD, Euro,etc)  </p>

<ul>
<li>Directly trade with someone who wants to buy bitcoins using currency.</li>
<li>Find an online exchange that would buy your bitcoins for some currency (mostly *USD).   </li>
</ul>

<p>A few exchanges are listed <a href="https://www.bestbitcoinexchange.io/" rel="nofollow noreferrer">here</a>. These are online market places that buy and sell bitcoins. Most probably you'll need to create an account (these accounts are used to trade on the site, it is not your bank account) on these sites to trade. You can trade your bitcoins for any currency that is available on the site. If you need to convert to a currency that is not listed on the site, convert your bitcoins to a general currency like US Dollar or Euro and then use a normal forex market or bank to exchange it for the currency of your choice.<br>
<strong>IMPORTANT: Once you sell your bitcoins, you'll need to withdraw your money from the account on the site to your bank account to be able to use it.</strong></p>

CC BY-SA 3.0
2016-11-05T08:32:45.843Z
2016-11-05T08:32:45.843Z
tbolt
<p>I've always been a fan of <a href="http://localbitcoins.com" rel="nofollow">LocalBitcoins</a>.</p>

<p>In Australia buying and selling Bitcoins is just a matter of using their site to find a reputable vendor. Often I'd be dealing with the same vendors on a regular basis. LBC has escrow, so it's just a matter of initiating the trade, and using bank details to fund a purchase or get funded for a sale. Dealing with vendors that have the same bank usually means overnight; but trusted vendors can transfer or receive funds straight away in most instances. Of course, the rates are probably 5% in the vendor's favour, but it's worthwhile when you consider the transaction time is quick and escrow gives the transaction very low risk. I've bought and sold bitcoins thousands of times over the years and never had an issue with being scammed.</p>

CC BY-SA 3.0
2015-07-20T12:10:45.590Z
2015-07-20T12:10:45.590Z
Wizard Of Ozzie
<p>I've tried different methods and if you want to get the most money of your BTCs/crypto, you have to look at the market all the time =) Today it's much better to sell at one exchange, tomorrow - at another; after tomorrow it may make senese to sell at some P2P marketplace</p>

<p>That's why it's good to check price comparison at <a href="https://exchangerates.pro/" rel="nofollow noreferrer">https://exchangerates.pro/</a> just remember that if you are going to check P2P offers, be careful! There are some sellers from marketplaces like LocalBitcoin paying from stolen Paypal accounts etc - if the offer is too good to be true there usually is a trick...</p>

CC BY-SA 4.0
2016-01-10T11:32:20.597Z
2019-06-21T11:00:44.057Z
2019-06-21T11:00:44.057Z
ElRey777
<p>Unfortunately it's currently not an easy thing to do, to go back and forth from cash to bitcoin. I still haven't figured out a good way either, only that the reason it seems to be so hard is because our governments have all these laws and regulations designed to keep us from easily doing this.</p>

<p>They don't seem to want us exchanging all of our old state &amp; country backed currencies into any of these new and innovative online crypto currencies, which are not backed by war and governments but instead by the people who love, develop and support them.</p>

<p>So there's no great answer to this right now, but the typical responses would be circle.com, coinbase, localbitcoins, and libertyx, and those will work as long as you can meet all of their strict requirements.</p>

CC BY-SA 3.0
2015-07-20T05:59:51.127Z
2015-07-20T05:59:51.127Z
ohkamanda
<p>You can Google for "bitcoin to paypal exchange" which would carry the funds to your Paypal account and then you can again carry the funds to your bank account easily. That's the best way.</p>

<p>I use this way myself, it's easy as well as secure.</p>

CC BY-SA 3.0
2014-12-24T20:06:06.953Z
Why add an extra transaction layer? Topic starter did not ask for PayPal specifically...
gosuto
CC BY-SA 3.0
2014-12-25T01:17:17.483Z
Pay Pal may be one of the easier ways, but I wouldn't ever recommend it with bitcoin or any crypto currency.
Ben P. Dorsi-Todaro
CC BY-SA 3.0
2014-12-20T05:35:33.583Z
2016-10-26T16:16:53.770Z
2016-10-26T16:16:53.770Z
Vrushank
<p>A friend of mine gave me two bitcoins which I now want to sell. I don't understand the process which would enable me send the funds generated to my bank account.</p>

CC BY-SA 3.0
2014-04-20T09:46:03.143Z
related: [How do you obtain bitcoins?](http://bitcoin.stackexchange.com/q/91/5406)
Murch
<sell-bitcoins><banks><canonical-question>
How can I sell bitcoins and transfer the funds to my bank account?
dom.
# How can I sell bitcoins and transfer the funds to my bank account?

(Asked by: username_0 on 2013-11-25)

A friend of mine gave me two bitcoins which I now want to sell. I don't understand the process which would enable me send the funds generated to my bank account.

**Tags:** sell-bitcoins, banks, canonical-question

> **Comments:**
> **username_1**: related: [How do you obtain bitcoins?](http://bitcoin.stackexchange.com/q/91/5406)  

---

## 9 answers

### Answer by username_2 on 2013-11-25. Score: 12

Although you can find a more comprehensive list [here](https://en.bitcoin.it/wiki/Exchanges) on the Bitcoin Wiki, some of the most popular exchanges in the community are:

* **Coinbase** - <https://coinbase.com>
* **Bitstamp** - <https://www.bitstamp.net>

You can exchange your bitcoins for US dollars on these websites and have them funded to your bank account.

> **Comments:**
> **username_3**: Also see http://bitcoincharts.com/markets/.  
> **username_4**: From what I have heard, Payza is now doing bitcoin, not sure how the service is, but may be worth mentioning.  
> **username_5**: Is Coinbase reputable? There are an overwhelming number of repots of people claiming they stole their money. Also they require your bank account login password. Seems sketchy.  
> **username_6**: Do any of those allow instant withdrawals to a bank account?  
> **username_7**: @username_5 What a "bank account login password" even is?  
> **username_5**: At the time, I believe if you wanted to transfer to a bank account, to had to actually give Coinbase your username and password to your bank (opposed to an AHCI transfer with a routing number). This was several years ago so this likely has changed.  

---

### Answer by username_8 on 2015-07-21. Score: 5

The usual procedure would be to deposit the bitcoins into a bitcoin exchange, sell them there, and withdraw the cash to your bank account. You will have to identify yourself to the exchange, and the exchange must be able to send money to your bank.


---

### Answer by username_9 on 2015-07-20. Score: 4

If there are Bitcoin ATMs in your country it should be as simple as goint to the ATM ask for a refound and transfer the Bitcoins to where the ATM asks for. After that it should give you the money (whitout the processing charges).

> **Comments:**
> **username_10**: Could you expand this? So I need to go in front of ATM with a mobile wallet and send btc to an address and then take the cash?  
> **username_9**: I haven't used the service, but it surely be as simple as reaching an ATM, you will be presented with a QR code or the address where you need to send the bitcoins, and as soon as the transaction is confirmed the ATM will give you your money. How long will it take for the transaction to be confirmed is something I don't know, ATM may take the risk and won't  make you wait or you may have to wait some time for the transaction to be confirmed. You will need to check that with the ATM.  

---

### Answer by username_11 on 2016-08-04. Score: 4

Bitcoins can not be withdrawn into a bank account directly. You can either sell them to somebody who then transfers money to your bank account, or you can sell them at an exchange and withdraw the funds from there. The first method may be quicker to set up but is a bit more risky. However, given the recent Bitfinex hack, having money at an exchange is not without risk either.


---

### Answer by username_12 on 2016-11-05. Score: 3

There are a couple of ways to sell bitcoins for fiat currency (like USD, Euro,etc)

* Directly trade with someone who wants to buy bitcoins using currency.
* Find an online exchange that would buy your bitcoins for some currency (mostly \*USD).

A few exchanges are listed [here](https://www.bestbitcoinexchange.io/). These are online market places that buy and sell bitcoins. Most probably you'll need to create an account (these accounts are used to trade on the site, it is not your bank account) on these sites to trade. You can trade your bitcoins for any currency that is available on the site. If you need to convert to a currency that is not listed on the site, convert your bitcoins to a general currency like US Dollar or Euro and then use a normal forex market or bank to exchange it for the currency of your choice.  
**IMPORTANT: Once you sell your bitcoins, you'll need to withdraw your money from the account on the site to your bank account to be able to use it.**


---

### Answer by username_13 on 2015-07-20. Score: 2

I've always been a fan of [LocalBitcoins](http://localbitcoins.com).

In Australia buying and selling Bitcoins is just a matter of using their site to find a reputable vendor. Often I'd be dealing with the same vendors on a regular basis. LBC has escrow, so it's just a matter of initiating the trade, and using bank details to fund a purchase or get funded for a sale. Dealing with vendors that have the same bank usually means overnight; but trusted vendors can transfer or receive funds straight away in most instances. Of course, the rates are probably 5% in the vendor's favour, but it's worthwhile when you consider the transaction time is quick and escrow gives the transaction very low risk. I've bought and sold bitcoins thousands of times over the years and never had an issue with being scammed.


---

### Answer by username_14 on 2016-01-10. Score: 1

I've tried different methods and if you want to get the most money of your BTCs/crypto, you have to look at the market all the time =) Today it's much better to sell at one exchange, tomorrow - at another; after tomorrow it may make senese to sell at some P2P marketplace

That's why it's good to check price comparison at <https://exchangerates.pro/> just remember that if you are going to check P2P offers, be careful! There are some sellers from marketplaces like LocalBitcoin paying from stolen Paypal accounts etc - if the offer is too good to be true there usually is a trick...


---

### Answer by username_15 on 2015-07-20. Score: 1

Unfortunately it's currently not an easy thing to do, to go back and forth from cash to bitcoin. I still haven't figured out a good way either, only that the reason it seems to be so hard is because our governments have all these laws and regulations designed to keep us from easily doing this.

They don't seem to want us exchanging all of our old state & country backed currencies into any of these new and innovative online crypto currencies, which are not backed by war and governments but instead by the people who love, develop and support them.

So there's no great answer to this right now, but the typical responses would be circle.com, coinbase, localbitcoins, and libertyx, and those will work as long as you can meet all of their strict requirements.


---

### Answer by username_16 on 2014-12-20. Score: -3

You can Google for "bitcoin to paypal exchange" which would carry the funds to your Paypal account and then you can again carry the funds to your bank account easily. That's the best way.

I use this way myself, it's easy as well as secure.

> **Comments:**
> **username_3**: Why add an extra transaction layer? Topic starter did not ask for PayPal specifically...  
> **username_4**: Pay Pal may be one of the easier ways, but I wouldn't ever recommend it with bitcoin or any crypto currency.  

---

