Any Withdrawal From BTC to Cash WITHOUT BANK?????

Cryptology

legendary

Activity: 1008

Merit: 1001

In Cryptography We Trust

Quote from: LEXUSS on October 19, 2014, 01:27:40 AM

Quick search brings up a plethora of attempts at a BTC debit card which would be great. They all have that "half ass" feel to them.

Does anyone know of any solid ways I can get cash from my BTC account that does NOT include a bank?

Selling to a trusted traded and cashing in via MoneyGram, WesternUnion or any other remittances services.
https://bitcointalksearch.org/topic/this-thread-is-closed-649248

dontCAREhair

member

Activity: 119

Merit: 100

As mentioned a couple of times above your best bet would be to either use localbitcoins or a BTC ATM, or use the currency exchange section of this forum.

Either way you will likely receive an inferior price then if you were to use an exchange.

Hopefully as time progresses, merchant adoption will be great enough so that it will not be necessary to convert your bitcoin to fiat to use it in most use cases

marioantonini

legendary

Activity: 2156

Merit: 1082

Why more exchange don't add a other solution payment like credit card recharged or other digital service?

vincentdoss861

newbie

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Merit: 0

Quote from: LEXUSS on October 19, 2014, 01:27:40 AM

Quick search brings up a plethora of attempts at a BTC debit card which would be great. They all have that "half ass" feel to them.

Does anyone know of any solid ways I can get cash from my BTC account that does NOT include a bank?

yeah i think so...but not sure...im a newbie here and try to read a lot of post...

21coin

hero member

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Sarthak's a dumb girl

yes ,
other option is go to localbitcoins.com and find a local buyer and deal with cash

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

I have a "guy" I use from localbitcoins.com

Armadillo

newbie

Activity: 33

Merit: 0

The keyword there is trust...

Multisig is trustless as long as you have a neutral arbitrator.

letyouearn

legendary

Activity: 1722

Merit: 1014

Its a better option to convert your bitcoins in to paypal money and get them transfer in your bank account . And you can withdraw your cash with no problem. Whenever i have some big amount of btc , i exchange them with my trusted eschanger . He transfer the paypal money in my paypal account in no time as soon as he receives the btc funds from me.

Armadillo

newbie

Activity: 33

Merit: 0

What about cash by certified mail using a 2 of 3 multisig transaction with an arbitrator. Certified mail is fairly inexpensive and if you are doing larger amounts you can do registered mail with insurance.

I sold some btc and received cash via certified mail and it worked out perfectly.
If there was a problem, like the guy never sent the cash...I could just refuse to sign the multisig and the btc would not go the the buyer.
The arbitrator would be called in and then he makes a decision where the btc being held in the multisig address will go based on evidence provided by both parties.

It takes a lot of the risk out these types of transactions.

roclev

newbie

Activity: 1

Merit: 0

you can exchange your btc here and withdraw it without bank!!!!
https://www.changer.com/refid=71951

FattyMcButterpants

sr. member

Activity: 448

Merit: 250

Quote from: shockinglyugly on November 01, 2014, 06:57:11 PM

LocalBitcoins.com that is the only way to keep the middle man out of your pocket

You will likely end up paying much higher "trading fees" (in that the price will be much worse then what you could otherwise get) then if you were using an exchange and withdrawing your money to your bank account when you trade via LBC (unless you act as a liquidity provider)

shockinglyugly

newbie

Activity: 52

Merit: 0

LocalBitcoins.com that is the only way to keep the middle man out of your pocket

moko666

hero member

Activity: 635

Merit: 500

BlasterKVs the king of xbox modding

you should search google if there is a bitcoin ATM in your city or nearby
other option is selling bitcoins to local buyers
you can find some on localbitcoins.com

mbankeatsdook

newbie

Activity: 23

Merit: 0

I will repeat what others have said. If you can find someone in your area on localbitcoins.com it would be the best way. I will also add you can usually charge a fee to the buyer for your time to meet them. Just make sure you are in a safe public place.

TwaiteTokyo

newbie

Activity: 35

Merit: 0

I guess you need BitcoinaATM

vic_stam

newbie

Activity: 12

Merit: 0

Altocenter exchanger offers such debit card and they have some kind of promotion where you can receive it for free. better check out their website for details.

El Emperador

hero member

Activity: 658

Merit: 500

Quote from: LEXUSS on October 20, 2014, 02:52:44 PM

Was hoping I could maybe load a prepaid VISA card my BTC. The first reputable prepaid debit card that accepts BTC is gonna be RICH!!!

You can use e-wallets like Paxum or Payoneer and then withdraw at the ATM using their cards.

ladybitcoin

newbie

Activity: 28

Merit: 0

Best way for withdrawal without bank is localbitcoins just find any suitable person in your area and do exchange with him without bank and any problem

Coinfetti

newbie

Activity: 9

Merit: 0

Hi,

Coinfetti is the first mobile app that converts Bitcoins to fiat INSTANTLY on a prepaid debit card with no registration required.
Check out our website coinfetti.co

We haven't lunched yet, but you could sing up for alpha testing.

If you have any questions don't hesitate to write [email protected]

Shogen

legendary

Activity: 966

Merit: 1001

The best option is to use localbitcoins. Just find someone near you and willing to buy bitcoin face to face with cash.

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