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Topic: How do I cash out my ETH? - page 2. (Read 509 times)

hero member
Activity: 854
Merit: 500
November 28, 2017, 12:37:18 PM
#10
It depends on where you are from.

Exchange those ETH for bitcoin and cash it out using coinbase or from your local bitcoin ATM nearby.

Exchange your  ETH for USDT if you want to be safe during possible correction in price.

You can also use livecoin, yobit like trading platform to convert ETH into USD and withdraw them out in perfectmoney which you can sell to your local guys.
sr. member
Activity: 756
Merit: 252
November 28, 2017, 12:33:16 PM
#9
I use my Country exchange the taxes are not really high requires verification maybe your country also got exchanges which support ETH try searching for them? or you can exchange ETH for BTC and then cashout BTC using Localbitcoins or some other known exchange.
full member
Activity: 490
Merit: 106
November 28, 2017, 12:27:58 PM
#8
Hi There,

I wanted to know the easiest (and cheapest) and safest way to get FIAT for some of my ETH --
Max cash out would be around $5000CND at a time

If anyone has any suggestions please let me know.

Thanks!
There are some exchanges where you can sell your Ethereum to fiat currency just like Coinbase, first create an account then deposit your Ethereum to your coinbase wallet then you can now start selling it and transfer the funds to your bank account, note that you can only buy/sell if they support banks from your country and also note that there are fees for selling your Ethereum in Coinbase. You can also try exchanges like GDAX and Gemini. Kraken also lets you sell Ethereum and has the cheapest bank transfer fee but I will not recommended it to you because I had a bad experience using this exchgange.
Read this full tutorial on how to sell Ethereum to usd: https://coincentral.com/how-to-sell-ethereum-for-usd/
newbie
Activity: 56
Merit: 0
November 28, 2017, 12:17:10 PM
#7
If you want to cash out your ethereum and turn it into real money you have to exchange it or swap it first into bitcoin. You have to find best exchanger you wanted for swapping then you can cash out it by sending it to your bank account using coinbase.
hero member
Activity: 728
Merit: 537
November 28, 2017, 12:11:52 PM
#6
Well, you've got two options.

1-Basically the first is selling your ether for bitcoins using any of the popular exchanges (but I prefer poloniex as they have a 0.0001 btc withdrawal fee only) and then selling your btc for cash.
You can look on localbitcoins.com for people in your area that are willing to buy them. I'd do it personally using cash in hand. I guess it's easier that way. OR maybe try a bank transfer or something.

2- Is selling it directly for USD on an exchange that supports withdrawing directly to your bank account. I think Bitsamp and Coinbase support that but I'm not sure. You need to make your research before attempting to deposit money anywhere.

3- Sell it for btc and hold onto it for the future Cheesy . The price went from $4000 to $10000 in one year. What will happen in the coming years ? It's only the beginning.
sr. member
Activity: 686
Merit: 257
November 28, 2017, 12:07:53 PM
#5
You can use coinbase to cash out ETH easily but it is the cheapest method. Alternatively, you can sell your ETH in marketplace section, but remember to use escrow for security.
full member
Activity: 868
Merit: 108
November 28, 2017, 12:02:43 PM
#4
Hi There,

I wanted to know the easiest (and cheapest) and safest way to get FIAT for some of my ETH --
Max cash out would be around $5000CND at a time

If anyone has any suggestions please let me know.

Thanks!

If you have alot of Eth you must to converted it first to local bitcoin so, you can easy to get your money in many way, like banking system and  a like.

Eth is good cryptocurrency like bitcoin but you must to convert it first in to bitcoin if you want to convert it as real money.
member
Activity: 434
Merit: 10
November 28, 2017, 12:02:11 PM
#3
If you have eth you can converted it first in to bitcoin and in that point you can easy to withdraw your money using your local bitcoin wallet.
newbie
Activity: 51
Merit: 0
November 28, 2017, 11:56:04 AM
#2
tenx
member
Activity: 131
Merit: 10
November 28, 2017, 11:53:07 AM
#1
Hi There,

I wanted to know the easiest (and cheapest) and safest way to get FIAT for some of my ETH --
Max cash out would be around $5000CND at a time

If anyone has any suggestions please let me know.

Thanks!
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