Author

Topic: Cryptocurrency into fiat money (Read 260 times)

newbie
Activity: 210
Merit: 0
May 29, 2018, 05:59:39 PM
#38
In my opinion, if you want to convert your cryptocurrency into fiat money, your crypto money must first be exchanged in your country or we need to make sure it is accepted globally. I hope someday crypto will become a fiat currency.

sr. member
Activity: 616
Merit: 263
May 29, 2018, 05:41:58 PM
#37
One of the easiest ways is to convert your altcoins into Bitcoin, and then transfer that Bitcoin to your localbitcoins wallet. On localbitcoins you can sell your BTC for cash, Paypal, bank transfer etc.  I believe you can also sell it directly on Coinbase and Kraken, but you are unlikely to get a great rate doing so as they typically charge a fee for the service.
full member
Activity: 319
Merit: 100
May 29, 2018, 05:38:55 PM
#36
In my country we have an easy way to cashout our bitcoin into cash by send it to money remittances or directly into or banks account and this was happen because of coins.ph
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
May 29, 2018, 05:15:56 PM
#35
first we must have a place to exchange bitcoin so the money we want.
ie a market that can sell bitcoin so money ..
but all must comply with the applicable provisions of our own name, our destination bank to send bitcoin results on our behalf.
because it will be safer and have no high risk..
full member
Activity: 210
Merit: 100
May 29, 2018, 05:05:43 PM
#34
I always use exchange sites which convert popular cryptocurrency into fiat (directly to bank card). I choose the best rate and withdraw money with BTC, ETH, LTC.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
May 29, 2018, 05:02:56 PM
#33
hello guys , How you convert your cryptocurrency into fiat money ?
There are several ways to do that, one way to do that is to send your coins to an exchange then you sell your coins and you receive a bank deposit, this is easy but the problem is that you need to go through KYC, now you can also sell your coins in localbitcoins and get a bank deposit or cash, the most risky option is to try to get cash but it has the advantage of being anonymous.
newbie
Activity: 238
Merit: 0
May 29, 2018, 04:50:23 PM
#32
hello guys , How you convert your cryptocurrency into fiat money ?
There are many different exchanges that can convert your cryptocurrencies into dollars and then you can withdraw them to your card. Plus, there are many exchangers.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
May 29, 2018, 04:47:50 PM
#31
hello guys , How you convert your cryptocurrency into fiat money ?

Hi there, as of now localbitcoin had been the most used when it comes to this kind of service.

But now, Streamity offers the same kind of service with the same feature. It is now on ICO and we will have to wait for it to be finished until they can make the project into being usable by like us. Exchanging it to fiat had been hard but this is the answer they are handing on us.
You could try to check it out by clicking my signature.
jr. member
Activity: 714
Merit: 3
May 29, 2018, 04:44:41 PM
#30
I do it most times locally. I only make use of exchange sites whenever i want to exchange from one coin to the other, but to convert into fiat, i have several channels, through which i do it locally. Although, this can only be done based on your place of residence an if such trusted medium of exchange is available. You can as well make use of exchange sites, to convert into fiat.
hero member
Activity: 868
Merit: 500
May 29, 2018, 04:40:12 PM
#29
It all depend on the country you live, Bitcoin IMO, can be bought and sold with Fiat in most country, all I think you can do is to look for the P2P exchange in your country with huge trading volume which is essential in order to be able to get good money for your Bitcoin to sell it for FIat ccurrency
sr. member
Activity: 1134
Merit: 342
May 29, 2018, 04:39:18 PM
#28
As a classical person, I prefer to stay away from these options. I am not infected with transactions other than classic trading.
sr. member
Activity: 812
Merit: 256
May 29, 2018, 04:38:13 PM
#27
I for example use EXMO it has EUR,USD i sell for USD then send it to my mastercard afther use it in my country its not so dificult i think anyway i do this way.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
May 29, 2018, 04:37:09 PM
#26
localbitcoins facilitates us in providing an exchange to cryptocurrency into fiat money which is an esrow based exchange

The way to make bitcoin as a money is using exchanging or btc Atm and no other way are available to Convert bitcoin as a flat money.
jr. member
Activity: 218
Merit: 1
May 29, 2018, 04:35:53 PM
#25
When I want to convert Crypto in FIAT i always use kraken, it's fast with withdrawal and has the main coins...if it does not have a coin, I fist sell the coin to bitcoin or eth and then i convert BTC or ETH to fiat...
Oh, thank you so ,uch for the infprmation! I have been looking for a proper project or wallet of programm that would allow me to convert money
jr. member
Activity: 218
Merit: 1
May 29, 2018, 04:35:03 PM
#24
hello guys , How you convert your cryptocurrency into fiat money ?
That is not the biggest problem, but sometimes really annoying, I can understand you. So I think that it is better to pay with crtocurrency where allowed
full member
Activity: 602
Merit: 100
May 29, 2018, 04:34:57 PM
#23
When I want to convert Crypto in FIAT i always use kraken, it's fast with withdrawal and has the main coins...if it does not have a coin, I fist sell the coin to bitcoin or eth and then i convert BTC or ETH to fiat...
full member
Activity: 728
Merit: 110
May 29, 2018, 04:33:00 PM
#22
I convert some crypto for holidays in the nearby cities. There are a couple of ATM's where I take fiat from it. It is super easy and I like the experience. You introduce your phone and get the one-time password. You input the code and choose the amount you want to get, after that you press take fiat and scan the wallet address. Then you send the transaction from your mobile wallet and waits for confirmation. You get SMS of a successful tx. and then you can get the money.
newbie
Activity: 154
Merit: 0
May 29, 2018, 04:24:33 PM
#21
localbitcoins facilitates us in providing an exchange to cryptocurrency into fiat money which is an esrow based exchange
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
May 29, 2018, 04:22:42 PM
#20
hello guys , How you convert your cryptocurrency into fiat money ?

Know what is more convenient way to convert your crypto to fiat money on your place. Its really depend on your location, its easy to convert it only if its legal on your country to do so but don’t worry you can travel around to other countries who accept cryptocurrency and convert your holdings into fiat money if there is no service like this on your place.
newbie
Activity: 70
Merit: 0
May 29, 2018, 04:18:06 PM
#19
E.g. in Prague special Bitcoin ATMs are installed in the underground.
hero member
Activity: 2996
Merit: 609
May 29, 2018, 04:11:59 PM
#18
hello guys , How you convert your cryptocurrency into fiat money ?
You can convert it on some various ways but most common way is to convert it to fiat thru exchangers and then directly withdraw to you bank account depending on which payment option do a certain exchange do offer. You can also try to make p2p transactions into other people which you do meet up him for exchanging both parties but this would really be risky on my part on my own opinion.
member
Activity: 336
Merit: 12
May 29, 2018, 04:10:06 PM
#17
To start, find the exchange.Then I sell for bitcoins and go out to litecoin, the output of which is cheaper.Next bestchange.This is one of the options.There is also ePayments.
member
Activity: 420
Merit: 24
May 29, 2018, 03:59:19 PM
#16
hello guys , How you convert your cryptocurrency into fiat money ?

In every location or country we have exchanges who can convert our btc into fiat unless your country bans crypto. You can also visit localbitcoins. In my part I always use localbitcoins and very satisfied with the service. So far it never disappoints me. Sometimes my friends buy my bitcoins but for the most part I'm into accumulating lots of btc as I can for future profits.
member
Activity: 315
Merit: 13
Lead generation one-stop shop platform powered AI
May 29, 2018, 03:55:27 PM
#15
Sure, sometimes I need fiat money for my current expenses and I convert crypto in fiat in this case. But I have saved all my money in crypto and till the now it is profitable tactic for me.
newbie
Activity: 294
Merit: 0
May 29, 2018, 03:51:51 PM
#14
Bitcoin has the easiest way to withdraw the money. You can offer whatever coins at your nearby trade and pull back your reserve to your neighborhood financial balance. Bitcoin recorded on the majority of the trade, so when your coins aren't enlisted at your neighborhood trade, you should transform it to Bitcoin first at another trade at that point exchange the Bitcoin to your nearby exchange.
newbie
Activity: 294
Merit: 0
May 29, 2018, 03:27:46 PM
#13
You will need exchange sites to convert your cryptocurrency into fiat money. You have to find the appropriate exchange site that work in your country. After that, do the transaction.
newbie
Activity: 252
Merit: 0
May 29, 2018, 04:56:03 AM
#12
If you want to convert your cryptocurrency into fiat money first of all your crypto currency have to be exchangeble in your country. then you can go for support payment method as we do while using our debit card. not that complex.
full member
Activity: 462
Merit: 113
Need me? PM me!
May 28, 2018, 10:12:11 PM
#11
You should what is available platform in your area or country. Here in the Philippines, we have Coins.Ph, that is somehow connected in some remittance company and banks.
sr. member
Activity: 798
Merit: 250
homt.net
May 28, 2018, 10:05:56 PM
#10
hello guys , How you convert your cryptocurrency into fiat money ?

Yes, you can convert your cryptocurrency into fiat depending on the type of fiat available in your area. For instance you might need dollars, Euro or pounds as fiat money. First you need a crypto exchange to move your tokens to make the exchange in that exchange. For example most times I use Binance, Hitbtc etc to exchange my ERC20 tokens to Ethereum or BTC and exchange it Naira which is my currency in my own country. You can do the exchange in your country fiat depending on your country currency.
newbie
Activity: 168
Merit: 0
May 28, 2018, 09:48:13 PM
#9
Cryptocurrency is still banned in many countries. If we want it to be a fiat currency at first we need to ensure that it is being accepted globally. This will take much time but I am hopeful that someday crypto will be a fiat currency.
full member
Activity: 412
Merit: 100
The Protocol for the Audience Economy
May 28, 2018, 06:19:45 AM
#8
I transfer my cryptocurrency to Fiat money only with the help of exchanges that work with Fiat. There are many exchangers but I do not trust them
sr. member
Activity: 868
Merit: 333
May 28, 2018, 05:20:06 AM
#7
hello guys , How you convert your cryptocurrency into fiat money ?
you must sell your crypto or your altcoin on some exchanger which your altcoin was listed. sell it so it would become bitcoin, after that, put your bitcoin on some exchange or on wallet which you can convert your bitcoin to fiat. sell your bitcoin and it will become fiat.
full member
Activity: 840
Merit: 128
May 28, 2018, 04:39:42 AM
#6
Find an exchange that can send the exchanged fiat to your bank account, there are plenty of them.
Another option would be a POS that exchanges fiat to crypto and vice versa.
newbie
Activity: 252
Merit: 0
May 27, 2018, 04:50:13 PM
#5
Search google. You'll find different exchange websites which exchange crypto to fiat currency and choose the one which are suitable for your country.
member
Activity: 686
Merit: 11
May 26, 2018, 12:51:42 PM
#4
There are exchangers for various electronic currencies, including crypto. I use these exchangers. It's anonymous if not use the card. Also there is an opportunity to change personally through a local forum, but has not yet used it.
sr. member
Activity: 588
Merit: 335
Steady State Finance
May 26, 2018, 12:41:03 PM
#3
As above said, you can sell your whatever coins at your local exchange (if any) and withdraw your fund to your local bank account.

Bitcoin listed on most of the exchange (global/local), so when your coins aren't registered at your local exchange, you should change it to Bitcoin first at another exchange then transfer the Bitcoin to your local trade. As easy as that.
sr. member
Activity: 499
Merit: 268
PAYJOE93 DESIGN SERVICE
May 26, 2018, 12:11:10 PM
#2
First, Your crypto must be listed on exchange. Find exchange that support your country fiat and support payment method like transfer to your debit card.
newbie
Activity: 70
Merit: 0
May 26, 2018, 11:52:02 AM
#1
hello guys , How you convert your cryptocurrency into fiat money ?
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