Topic: BTC withdrawal - page 2. (Read 4320 times)
You can do that easily indirectly, just set up an account in almost any exchange and pick one based on your country and location, deposit BTC and trade for USD or local currency and then withdraw, it's as simple as it can be.
Such a thing is not possible for now. The banks do not have direct bitcoin support.
Bitcoin has a slightly different structure than today's finance systems. If you want to translate your BTC into your local currency, there are some methods.
For example
You can convert your BTCs through the exchange sites. You can then transfer the funds your bank accounts.
You can use the LocalBitcoins system.
You can sell your BTCs online within this forum.
Bitcoin has a slightly different structure than today's finance systems. If you want to translate your BTC into your local currency, there are some methods.
For example
You can convert your BTCs through the exchange sites. You can then transfer the funds your bank accounts.
You can use the LocalBitcoins system.
You can sell your BTCs online within this forum.
Is it possible to withdraw bitcoins to bank account
Not directly, you need to transfer the bitcoin to your local currency first. You can do this with an online exchange service. Tell me what currency u need, and I can tell you an good exchange.Thanks for the information.
I have a question related to the one suggested by OP,
how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.
how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.
Is it possible to withdraw bitcoins to bank account
Depend on what country you live on, if you are US resident you can use coinbase exchange service, coinbase exchange service only available for US. In my country a couple exchange provide withdrawal to bank account, and this service very helpful for me,because I don't need to worry get scam with another people.
Is it possible to withdraw bitcoins to bank account
Depend on what country you live on, if you are US resident you can use coinbase exchange service, coinbase exchange service only available for US. In my country a couple exchange provide withdrawal to bank account, and this service very helpful for me,because I don't need to worry get scam with another people. 
Is it possible to withdraw bitcoins to bank account
Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa.
Convert fiat money we have, anyway, you can with the help of intermediaries. There are exchange offices that help do it for not a large percentage. And I hope that soon it will be possible to convert in any outlet of the Bank
Is it possible to withdraw bitcoins to bank account
Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa.
I have checked in Google about the bank accepting bitcoin. Unfortunately, no proper results about it. Could you please pass the link to here. Even in my city, I do not able to find any banks that accepting bitcoins. If the bank accepts also its waste according to me due to penalties and maintenance charge all will be applicable then.
Is it possible to withdraw bitcoins to bank account
Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa.
Yes here in the philippines bitcoin to bank deposit is available
Good for you..i am still looking whether its avaliable with my bank..
Yes here in the philippines bitcoin to bank deposit is available
Wow. Has deposits it's probably very cool. And under what interest these deposits offer? May we will have something like this soon. Now some banks take to Exchange BTC and ETH.
You can actually deposit your money into somewhere like Localbitcoins.com, from there you will be able to sell your bitcoin to somebody who will pay you by bank transfer. This is pretty much the same as a bank withdrawal, just requiring a third party.
However, cashing out directly from BTC to Bank Transfer is not possible since they're two different platforms. Unless your bank has a built-in exchange, which I highly doubt considering most banks hate crypto.
Shoot me a PM if you need any help.
However, cashing out directly from BTC to Bank Transfer is not possible since they're two different platforms. Unless your bank has a built-in exchange, which I highly doubt considering most banks hate crypto.
Shoot me a PM if you need any help.
Is it possible to withdraw bitcoins to bank account
Depends if you are living in 3rd world country maybe you can sell up your bitcoin into real money i always deposit my bitcoin into bank and they changing it into real money that quick 
marcuslong which country do you stay in ??
no you can't..it is virtual currency
Like mentioned before on this thread, use coinbase or bitstamp if you want the funds into your bank account.
Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.
You can order their card and upload funds without needing to send your ID up to 2000$.
I was looking at getting a e-coin card but then their website wirex had problems over the holidays and alot of mad people over at their support thread telling of not getting payments sent and the like.Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.
You can order their card and upload funds without needing to send your ID up to 2000$.
What issues if any have you had and how long have you had the card for?
I have one but the $1 monthly fees would be good to have waived off. Even if you don't hold a balance on the card.
If e-coin's card did not have this I would go with them in a heart beat.
Well honestly, after the holidays i had an issue too when i tried loading the card and it said insufficient funds and i had to msg support to get my funds back. Also, never used wirex website, only the mobile application and the loading on e-coin.io so i could really suggest them just because of how many times their card have savdd me example with urgent groceries. Let me know if you are interested, i can pm you a link which gives you -25% off their card
how abut bitcoin ATM ?
whether bitcoin ATM in the future will have to redeem bitcoin features directly into our local bank ?
whether bitcoin ATM in the future will have to redeem bitcoin features directly into our local bank ?
The easiest way, I think, is to convert Bitcoin into BTC-e codes and than withdraw codes to your bank account.
Not directly from a BTC address to a bank account but pretty easy, just register an account at any exchange and verify identity in some "and no need in others", Deposit, Trade to USD, withdraw...
Like mentioned before on this thread, use coinbase or bitstamp if you want the funds into your bank account.
Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.
You can order their card and upload funds without needing to send your ID up to 2000$.
I was looking at getting a e-coin card but then their website wirex had problems over the holidays and alot of mad people over at their support thread telling of not getting payments sent and the like.Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.
You can order their card and upload funds without needing to send your ID up to 2000$.
What issues if any have you had and how long have you had the card for?
I have one but the $1 monthly fees would be good to have waived off. Even if you don't hold a balance on the card.
If e-coin's card did not have this I would go with them in a heart beat.
Is it possible to withdraw bitcoins to bank account
Technically it has to be converted in your fiat first and you can withdraw it in your bank if you found a local exchanger. You can withdraw btv directly to a bitcoin devit card tho. You can see a lost of where you can get yourself a bitcoin devit card here: https://bitcointalksearch.org/topic/list-of-bitcoin-debit-cards-1242788
Can a soon-to-be and cards but yet, as far as I know, you can change the BTC into USD on the stock exchange. Although there are and exchange companies that for your percentage will help you exchange.
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