Topic: Best way to cash-out outside US/EUR - page 2. (Read 270 times)

Thank you for your reply.
basically IMO travelling to another country that still supports cryptocurrencies doesn't seem like a good idea because all current platforms operating in countries allowing bitcoin will ask for verification such as a passport and utility bills issued by the country that i'm transferring to, to prove residency and identity in govs try to centralise and control Cryptos, not to mention that most countries require Visa for traveling with my passport which is a very complicated and time consuming process, was hoping for something more steady that i can rely on every now and then.

My experience with Localbitcoin wasn't so great but i think it's the only reasonable option at the moment.

I'll try C-cex now and post my findings here.

Thanks again.

If your government has banned Cryptocurrency, I doubt any exchange will support your country for cashing out your crypto currency. If you are holding a significant amount of crypto currency, you may choose to travel to your nearest country that still supports Cryptocurrency. Before going there, try Localbitcoins platform and stuck a deal with a Trader who will trade your cryptos in exchange of cash. This way, you can exchange your Cryptocurrency. Otherwise you may try some exchange like c-cex that support payeer as a method of withdrawal.

Hi,

I was wondering what is the best way to cash-out bitcoin and other cryptocurrencies outside USA and Europe, basically i live in the middle east in a country that banned bitcoin trading recently which caused many platforms such as Coindesk to no longer support bank withdrawals to where i live.

as some of you might already know, Visa also banned the major Cryptocurrencies card dealing issuer that used to supply almost all of the platforms that used to issue a plastic Visa card that is used accept bitcoin/crypto transfers.

From my experience i have tried all plastic cards issuers and most of trading platforms and nothing seems to work when it comes to withdrawal or issuing a functional Debit Card, which lead me to try out exchanging Bitcoins on some trading websites like Localbitcoins and Paxful and from what i can see those places are full of scammers or those who are not welling to send an international bank transfer, not to mention their ridiculously low rates which if i got lucky and found a trusted trader would cause me to lose around 20% of value if not more in some cases. 

I also tried Payeer, Payza and Paysera whom claim to support and being partners with some platforms like Exmo and Indacoin but those platforms doesn't seem to allow that at the moment, i really wish we had something like Satoshilivingroom which is an Australian Pay With Bitcoin website that allows to pay any Australian bill with bitcoins or even transfer coins to banks directly but only available in Australia.
 
I run a semi-large mining operation and wish to steadily cash-out some of my profits to finance growing my investment and help cover electricity and other expenses, any ideas guys?

Much appreciated.