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Topic: Any safe way to withdraw bitcoin to western union (Read 327 times)

member
Activity: 118
Merit: 10
September 27, 2017, 04:01:07 AM
#11
i was looking to sell around £10,000 worth of BTC. sending money through western union can be a headache if its a large amount. prefer 1000 or 2000 per person
hero member
Activity: 538
Merit: 500
looking to withdraw bitcoin to western union in pakistan have 0.5btc to sell

If you have another option go to pick it.Because you will pay huge comission if you withdraw funds via Western Union.Also dont trust unknown exchanges which you found via google search that offer various services to convert your bitcoins.
sr. member
Activity: 308
Merit: 250
WU + Escrow always the best
newbie
Activity: 54
Merit: 0
Have you tried the local bitcoin? So you can have a trustworthy withdrawable. They offer a withdrawal option for western union. Smiley

Actually they don't you need to exchange with a thirdparty on localbitcoins platform and you can be easly scammed.
member
Activity: 69
Merit: 10
Blockchain the future of democratic payment!
Have you tried the local bitcoin? So you can have a trustworthy withdrawable. They offer a withdrawal option for western union. Smiley
member
Activity: 163
Merit: 10
looking to withdraw bitcoin to western union in pakistan have 0.5btc to sell
Why WU, its got very high fees, it would be easier to sell f2F or bank transfer or even get a bitcoin debit card.

Not needed an escrow in my country here in ph because there were outlets in my local place that's been offering money transfer services. They had good services with secure transfer of fund from my wallet exchange to them, similar with 2Fa confirmations.
hero member
Activity: 896
Merit: 1082
Countries like Pakistan are heavily reliant on remittance systems. Western Union works best in these countries. It is difficult to use PayPal or similar systems in countries like India and Pakistan where stringent exchange control mechanisms are enforced, making transfers to banks a very cumbersome task.

So yes, OP is best served if he sticks to the Western Union (or Moneygram, if available) option. Don't even think about accepting any questionable and reversible payment methods such as the one offered above for F&F. That would be a disaster, especially when you consider he could reverse the payment up to 180 days. Always consider account age, account feedback and trust level, past transactions, account and post quality before considering a PayPal payment. And even if those indicators pass the test, make PayPal your very last option. It is a very risky payment method.

Same with a bank transfer. SWIFT MT103 instructions can be recalled if fraud is involved.

sr. member
Activity: 420
Merit: 250
looking to withdraw bitcoin to western union in pakistan have 0.5btc to sell

Do you accept only Western Union or Moneygram also works ? I can purchase your whole amount at -7%  preev rate and you cover fees for Western Union. I accept any trustwhorty escrow.
sr. member
Activity: 350
Merit: 251
I think coinmama gets WU in exchange for bitcoin.
If you're willing to send first i could help you out with 90$ worth.
Escrow would be fine, but what's the guarantee that you will pay, after coins are transferred?
full member
Activity: 414
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THRIVE - THE PREMIUM DECENTRALIZED AD MARKETPLACE
looking to withdraw bitcoin to western union in pakistan have 0.5btc to sell
Why WU, its got very high fees, it would be easier to sell f2F or bank transfer or even get a bitcoin debit card.
member
Activity: 118
Merit: 10
looking to withdraw bitcoin to western union in pakistan have 0.5btc to sell
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