Need advice on converting BTC>USD

[ShipTheFlip]

I'm cashing out on America's Cardroom and the Bank Draft withdrawal has only a $3k/week limit for withdrawals, compared to 10k/week via BTC. I've contacted Coinbase support and they've told me they ban accounts and seize gambling money. I know that I can cash out to a personal wallet, but how can I then turn the BTC into USD? Preferably without having to sell small amounts of BTC at a time; I'm looking to just convert all at once and have it sent to my bank account, like what Coinbase does / Circle used to do. Any advice?

 

[nom nom]

use localbitcoin exchange

 

[Utz]

Localbitcoin exchange is alright I guess. I really don't like using it...

Following this thread as I'm also interested.

 

[ShipTheFlip]

Localbitcoin exchange is alright I guess. I really don't like using it...

Following this thread as I'm also interested.

I talked to livechat on the poker client I play on, they said to create a wallet with www.Gemini.com

There's a lot of verification but it's kinda like Coinbase/Circle where you can just have funds sent straight to your bank, except unlike Coinbase it's not working with the IRS.

 

[murinsh]

Local bitcoins are great way to exchange bitcoins in large ammounts, you can always use some sythe gold shop, they are always looking for btc and trusted

 

[iJava]

why not just send to a local wallet then from there to coinbase?

 

[ShipTheFlip]

why not just send to a local wallet then from there to coinbase?

Coinbase is working with the IRS and I don't want to get audited

 

[Obiwan2323]

localbitcoin is the way to go

 

[Apith]

Gemini has been known as the next thing after circle's transition and coinbase working with the IRS + seizing funds/forcing you to withdraw them, localbitcoins is another option but in some places they don't give you good rates. If you have paypal and it's linked to your bank account, just sell it to someone trusted (bogla buys them for 99%).

 

[Lean]

There are certain places where you can exchange your bitcoins in person for USD (around here at least). You can google it and find out if there are any places near you that offer this type of service.

 

[Apith]

There are certain places where you can exchange your bitcoins in person for USD (around here at least). You can google it and find out if there are any places near you that offer this type of service.

It's localbitcoins, unless there's another website. Localbitcoins is just a bunch of people buying/selling bitcoins for a variety of different payment methods, some offer meet ups, bank transfer, western union etc.