Topic: How do you cash out... (Read 594 times)
First convert all of your token to BTC as this is the universal token, second find in your country where you can convert these bitcoins, as this is case to case basis, but most of the countries support exchanging bitcoins, thats why it is best and safe to convert them BTC if you want to convert them to fiat
Using coins.ph is a very good and convenience digital wallet in the Philippines. Inside of the wallet their is a lot of options to cash out your money (either bank or exchange). I have a great experience with them from start in invested in cryptocurrency till now. Thanks
Today, for me, one of the most profitable, and one of the safest variations in the output of Fiat - is the Exmo Exchange. Most of wallet has exchanger to Bitcoin so here is the most simple step I could share with you,
1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.
Let me know if you have challenges.
1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.
Let me know if you have challenges.
In my country, everything looks much easier. A transfer bitcoin wallet to the exchange and he translates to you the equivalent amount in bitcoin on your credit card you need a Bank. All operations take no more than 30 minutes. Very convenient.
Most of wallet has exchanger to Bitcoin so here is the most simple step I could share with you,
1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.
Let me know if you have challenges.
1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.
Let me know if you have challenges.
Hi all,
Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method?
Im in for the long haul though!!
Be lucky
Lex
Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method?
Im in for the long haul though!!
Be lucky
Lex
First I'd exchange my altcoins to btc in an exchange where it can be traded. Then I will send it to my btc wallet in my case I use coins.ph since Im in the Philippines. From coins.ph, I will then send it to a remittance center or my bank account so I can finally turn my coins into cash
We have a bitcoin wallet app including eth as well that we can easily convert our bitcoin/ethereum into cash without fees so if we want to cash out we should finally trade our alts into bitcoin or eth to be able to convert into fiat and cashing it out through a bank or some 3rd party companies.
Most of the exchanger change your Altcoin in dollar or bitcoin, for sure your local wallet has a bitcoin option, transferring from any wallet to another bitcoin wallet is easy.
You just need to copy your bitcoin address from your local wallet and paste it on the bitcoin wallet from the exchanger, the click send after double checking, from your local digital wallet you can chose which outlet can you withdraw your money.
You just need to copy your bitcoin address from your local wallet and paste it on the bitcoin wallet from the exchanger, the click send after double checking, from your local digital wallet you can chose which outlet can you withdraw your money.
For someone that really wants to get the cheapest method of cashing out your altcoins or even with bitcoin. It must be direct sell or buy through any person that holds that coin. That's how peer to peer transaction will happen. You don't have to get through with any exchanges so that you can avoid fees and this is quick. Another thing is if you want to spend car then ask the seller if they are accepting cryptocurrencies, here in my country you can buy directly with bitcoin and there's some discount using it.
First of all, you will have to find an exchange that supports your national currency and then you will have to exchange your coins for it . You can directly exchange BTC for fiat and get the cash in your bank account. If you are not able to find any exchange that supports your national currency then you can visit localbitcoins.com and exchange BTC to fiat. You will have to trade your BTC to a trader on localbitcoins and then the trader will deposit the money into your bank.
Hi all,
Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method?
Im in for the long haul though!!
Be lucky
Lex
Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method?
Im in for the long haul though!!
Be lucky
Lex
First you need t know what coins that you have? and where you from because if you are holding ethereum coins you can easy to cash out your ethereum its because ethereum is already listed in the coins.ph exchange here in the Philippines that is why if you are a Pilipino you can easy to cash out your money.
the fastest way is an exchange site, this method has the biggest commission, the exchange on the exchange can take a long time, but the commission there is less,
you can cash in to Crypto currency in several ways, you can use the exchange, you can use exchange sites, or in person, I use exchange sites, there is a large commission, but the fastest transfer of funds directly to a bank card
the easiest way is through the exchange sites immediately to the card of any bank, there are sites that create ratings of such exchange sites with reviews and reputation, so you can not be afraid that your money will be stolen, the rates and commission size are updated in real time, this is a very convenient and fast way , but the most expensive, for that you for 15 minutes receive money for a card
I'll be using this when it gets released in Q2-3 of this year. 15 different coins along with 5 debit/credit cards on one. I'm already using a bitcoin debit card now, but this card is leaps and bounds ahead of it.
With all in one card, I think this will become popular and I am very excited to have this card once it will be available for release.
How do you cash out ...
I know what I'm doing
cash out of altcoin you can convert money and more money changer in the Philippines
like cebuanna palawan express and many others
so you will not be able to cash out the amount of outlet you can access
It's a place in the country or region of what kind of ship you have
You just know that just do not forget to convert money
easier and no hastle
Do not be sad because all branches are trustworthy and 100% proven by the government
Just as cash out the talks do not forget the most closely replaced money
I know what I'm doing
cash out of altcoin you can convert money and more money changer in the Philippines
like cebuanna palawan express and many others
so you will not be able to cash out the amount of outlet you can access
It's a place in the country or region of what kind of ship you have
You just know that just do not forget to convert money
easier and no hastle
Do not be sad because all branches are trustworthy and 100% proven by the government
Just as cash out the talks do not forget the most closely replaced money
In my country which is the philippines I have a btc wallet called coins.ph and i this wallet I can be able to cashout my btc into cash an witdraw it through atm machine and this is only atm machine that allows to cashout and that atm machine is from Security Bank.
im also from the ph and i also use coins.ph as my primary wallet to cashout or exchange my bitcoins to local fiat and then withdraw it via a remittance center. i dont use atm bank as withdrawal option because mainy coins.ph user said that atm withdraw is verry risky and most of the times they lost their money after they request a withdrawal in an atm bank which is security bank specifically. they also contact the support of coins.ph but they dont get any direct reply form their team.
I never tried that egive as I prefer more to use my savings account and I'm sorry for what you believe in but cashing out thru banks is safe. Maybe there are times that other users encounter some malfunction in the system but I highly testify that it's still safe.
I'll be using this when it gets released in Q2-3 of this year. 15 different coins along with 5 debit/credit cards on one. I'm already using a bitcoin debit card now, but this card is leaps and bounds ahead of it.
I think every country has a local exchanger, the international currency is USD, and BTC / USD is already in the big exchanger, even if your altcoin ETH, then you can directly transfer it to the exchanger to exchange for local currency ...
in Indonesia there is vip.bitcoin.co.id
in Indonesia there is vip.bitcoin.co.id
i dont really like to cash out because im planning to save up as much as bitcoin as i can however i only do cash out if there was an important situation like for example im out of food to eat and i dont have enough cash to buy the grocerries straight from my own pocket , then that was the time i immediately withdraw and cash out my bitcoins to a local exchanger which is rebit.ph although ive been also using a coins.ph wallet but i still like the service of rebit.ph because they have a reasonal fees and a much accomodating staff and friendly support if ever theres a problem or issues in my transactions.
I always cash out buy selling my bitcoin or ethereum to my local exchanger and did it for almost 4 years. After selling those crypto then i withdraw to my bank account. I have nothig to affraid of since i am not doing aomethings wrong. Now i request monaco card will try to cash out from there.
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