Pages:
Author

Topic: Forms of converting cryptocurrencies into cash - page 5. (Read 13239 times)

legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Before I used exchanges or localbitcoins to convert crypto into fiat, sonetimes Bitcoin ATM. But it's not very convenient, especialy when you have to use your bank account and it's often time consuming. That is why now I use only crypto debit card. I can top it up and pay directly everywhere I want, which I prefere, or I use it to get cash at ATM.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley
if you want to more easily convert it to fiat, look for a local exchange site. now there should be many local exchange sites in each country,
they focus on exchanging local currencies with cryptocurrency. and you can directly withdraw to your bank account. that so simple
In most local exchanges we find more restrictions which is truly annoying. Better is to use the trading service providers like localbitcoins or find traders who get involved into direct trading through our forum. Our forum has got a separate section for the same, and with trust you can make trade as users won't cheat to loss their reputation.
hero member
Activity: 1190
Merit: 500
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley
if you want to more easily convert it to fiat, look for a local exchange site. now there should be many local exchange sites in each country,
they focus on exchanging local currencies with cryptocurrency. and you can directly withdraw to your bank account. that so simple
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
One of the methods that I use to convert my bitcoin into cash is trough Skrill. I simply deposit my bitcoin there and it automatically exchanges it in any currency I want and from there I can easily withdraw that using a debit card. Another method I use is trough local bitcoin ''dealers'' or websites where I send them my cryptocurrencies and then I get my money exchanged directly into my bank account. Even though the fees are quite high for using this kind of services i like that this transactions are completed within a day or so.
I prefer to use a local bank, because I am more comfortable operating it, even though the cost is higher but convenience is my choice. by being able to directly enter a bank account in my opinion it is simpler, and the process is only in a matter of hours
jr. member
Activity: 250
Merit: 1
you can use localbitcoins, coinbase, or any fiat on ramp in your country
full member
Activity: 1092
Merit: 117
One of the methods that I use to convert my bitcoin into cash is trough Skrill. I simply deposit my bitcoin there and it automatically exchanges it in any currency I want and from there I can easily withdraw that using a debit card. Another method I use is trough local bitcoin ''dealers'' or websites where I send them my cryptocurrencies and then I get my money exchanged directly into my bank account. Even though the fees are quite high for using this kind of services i like that this transactions are completed within a day or so.
jr. member
Activity: 336
Merit: 1
Localbitcoins.com is most widely users crypto fiat method
hero member
Activity: 1890
Merit: 831
Hey

Am from Ukraine and its hard to do it here so the only option I have is generally *local Bitcoins.com *

Other than that you can opt for person to person transaction, ask your peers if they need it and sell it to them , it will save you some money and it's rather fast but take care that the person is trustable .

Let me know if you have any problem 😊
member
Activity: 1204
Merit: 38
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley
yes converting Bitcoin is always happening and I use Bitcoin to Paypal conversion because I use the transaction in different times so converting into this will helpful for me to make a type of transaction to my country in my account.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Coinbase probably can be considered the most famous exchanger, but if for some reason it does not suit you, then you can find a suitable way to buy or sell cryptocurrency among a list of different exchangers, with detailed information about them, statistics, reviews and prices. I use this method depending on the situation and I have not had any problems before. https://www.bestchange.com

I can think of a lot of reasons Coinbase will not suit people,,, the number 1 reason is that it only serves USA and UK recently,,, when probably more than half of the people in this forum live outside those two countries.

I think anyone who exchanges and asks on this forum like this is a newbie and therefore less likely to be converting even more than 1 BTC. So the trouble of finding a place that has better fees or rates ends up not being that much difference. Just use LBC it is always close to market rates.
member
Activity: 854
Merit: 12
arcs-chain.com
I use Visa/debit card from wirex, you have a fiat account and you convert your BTC into EUR or GBP or USD, and then use your card on an ATM machine to get your fist bills... a nice service, but lately not working properly with a lot of down times...
you can also check the accepted exchanges by the national banking authority on your country, around here Coinbase is one of them, and them you link your fiat bank account to the exchange and just send money from one to the other like any normal accounts
sr. member
Activity: 1274
Merit: 267
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley
I think almost every country has at least one local exchange to convert crypto into local currency. However for countries that does't have a local exchange must convert their crypto into paypal then withdraw it through their local banks.
hero member
Activity: 784
Merit: 502
I really don't like Bitcoin ATMs because of their fees on any transaction so if you thinking about converting crypto into cash than check if there is any cryptocurrency cantor in a bigger city.
It is not easier to find someone who is trading cryptos.You can use localbitcoins to find who is selling and buying bitcoins locally but it is better to sell online for more easier experience.
hero member
Activity: 3052
Merit: 651
This is one of the methods that is causing the delay in the use of cryptocurrencies as a payment of for services. i wish i could see threads like how to use your bitcoins or ethereum to purchase goods at some online marketing platforms. Seriously if we want cryptocurrencies then we need to put some action into our words. Let's spend cryptocurrencies and stop cashing it into fiat.

Correct but there is a wall to that also.
How they can they buy bitcoin if their country is being restricted.
One example is Coinbase which is a large crypto exchange but is restricting countries in Asia.

How could merchants create businesses specially if it is international if people cannot even have a way to buy the crypto currencies?
I guess we should focus on making it possible for them to buy first and then afterwards pushing merchants to make bitcoin as an online payment option.
sr. member
Activity: 1638
Merit: 300
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley

In our country, we use a certain exchange/wallet called coins.ph. With the use of it, everything about bills is really efficient and so easy. Whatever we do using Bitcoin, they will automatically convert them into fiat. For example I will be doing a cash out, the BTC I will be sending in the bank will not be BTC anymore but already fiat since banks don't actually accept Bitcoin in our country.
member
Activity: 201
Merit: 10
This is one of the methods that is causing the delay in the use of cryptocurrencies as a payment of for services. i wish i could see threads like how to use your bitcoins or ethereum to purchase goods at some online marketing platforms. Seriously if we want cryptocurrencies then we need to put some action into our words. Let's spend cryptocurrencies and stop cashing it into fiat.
full member
Activity: 283
Merit: 100
I really don't like Bitcoin ATMs because of their fees on any transaction so if you thinking about converting crypto into cash than check if there is any cryptocurrency cantor in a bigger city.
sr. member
Activity: 686
Merit: 277
Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks Smiley
There is an exchange that I have relied on for a very long time now called LUNO exchange, they have been very reliable and has not giving me any issue, once I get my BTC address after converting to BTC if they are not BTC, then I transfer the BTC to the wallet given to me, trade it and covert it to FIAT, from there, I request for withdrawal, and doesn’t take more than 24 hrs for me to get the cash in my account.

I know that we have lots of other great exchanges too offering these services, but I have not gotten any reason to leave LUNO for other exchanges since they are still serving me well.
member
Activity: 420
Merit: 14
Coinbase probably can be considered the most famous exchanger, but if for some reason it does not suit you, then you can find a suitable way to buy or sell cryptocurrency among a list of different exchangers, with detailed information about them, statistics, reviews and prices. I use this method depending on the situation and I have not had any problems before. https://www.bestchange.com
sr. member
Activity: 1316
Merit: 257
generally convert cryptocurrencies in to fiat or cash. the easiest way try to find local exchanges in your country that able to exchange cryptocurrencies into nationaly fiat and transfer cash into a local bank. thus it will be much easier than using foreign exchanges outside your country. this method is widely used in many countries. and always use a trusted local exchanger. by searching Google.
Pages:
Jump to: