There are 3 ways to buy and sell bitcoins Brokers: using a broker is the most convenient way to buy or sell bitcoins. It is usually faster than going through a marketplace or an exchange and the sign up process is easier. But often this also means a bit higher fees. Coinbase is the most prominent example of a large broker with a presence in 24 countries. Marketplaces: here you meet with others (online or offline) and buy or sell bitcoins directly from individuals. LocalBitcoins is a good example for an international marketplace. The advantage of a marketplace is that cash can be a payment option. Exchanges: good exchanges are liquid which often creates the best prices and lowest fees. However, it usually takes a couple of days until the verification process is completed. If you don't want to wait for a few days, a broker is the better choice. If you want to buy larger volumes more frequently signing up with an bitcoin exchange is worth the money saved. Consider these 5 factors when you buy or sell bitcoins
Speed: how quickly can you buy and sell? On exchanges the verification process can take a few days but transactions can be very quick. With brokers or marketplaces the initial sign up usually is fast but completing a trade can take a couple of hours or even a day or two. Security: is the site trustworthy and do they handle your bitcoins in s secure way? Don't fall for players that try to stay anonymous and don't publish the name of their company only for a slightly lower fee. Read More @ http://help.bitbond.com/knowledgebase/articles/511181-where-can-i-buy-and-sell-bitcoins
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