Topic: Cashing out crypto (Read 106 times)
Depending on where you're based out of - Coinbase, Kraken on localbitcoins should work well.
localbitcoins.com
The most common method is to sell it on Coinbase and withdraw it to your bank account. Most people do that. However, Coinbase may not be available in your country, so you may want to try localbitcoins.
i have read that a few are buying gold bullion. There is info on this forum if this is of any interest
anyone of you guys familiar with the method of exchanging it to PM and withdrawing it?
Anyone has any idea how to cash out my cryptos into usd in my bank?
What is the cheapest and faster/reliable method?
What is the cheapest and faster/reliable method?
It all depends on if you want to do this “by the book” or not, and the amount you want to cash out. Exchanges are the best way, but will require verification, which may take some time, considering the recent influx of new members on most popular and reputable exchanges.
Your next option is LocalBitcoins.com, where you can find reputable buyers that will offer you cash or payments into most payment processors, including bank wire transfers.
So which exchanges are you registered with? I would begin there. Binance just re-opened registration. So did Bitfinex, but they require a minimum of $10,000 trading equity, and their verification process can take up to 6 weeks.
You can use coinbase, cex or localbitcoins to cash out your bitcoins. Some countries not support for those sites. You can finds trusted bitcoin buyer from your place it also fastest method for you.
Anyone has any idea how to cash out my cryptos into usd in my bank?
What is the cheapest and faster/reliable method?
What is the cheapest and faster/reliable method?
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