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Topic: How do you cash out... - page 3. (Read 594 times)

full member
Activity: 490
Merit: 136
December 28, 2017, 06:26:33 PM
#9
you cannot use bittrex.
use bitstamp or coinbase to liquidate bitcoin to fiat and then transfer to a bank account.
you could also try https://bisq.network its a P2P transfer network.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
December 28, 2017, 06:25:04 PM
#8
The fastest method for me in cashing out altcoins is by using shapeshift so I could convert it to bitcoin and they'll send it to my address that has a pending cash out order once the transaction confirms i'll receive my fiat in my bank account or i'll pick it up from a remittance center. The cheapness depends on which exchange you'll use because of the maker/taker fee.
full member
Activity: 336
Merit: 100
December 28, 2017, 06:13:46 PM
#7
Bittrex or bitstamp? Of course not , i move all my money to localbitcoins and then i withdraw my money on cash with another guy.

This makes me do not have to spend 100$ worth of fees and i do it all quickly and i avoid the banks.
member
Activity: 84
Merit: 10
December 28, 2017, 06:08:29 PM
#6
How did people cash out pre coinbase, bittrex, bitstamp days?

Also does anyones bank ever say anything if it's multiple transactions over 10k?
full member
Activity: 308
Merit: 101
-YAHOO_EU-
December 28, 2017, 06:06:00 PM
#5
I have never taken a coin to the Fiat. And I never regretted it, because the Crypto currency is growing and growing in price.
full member
Activity: 448
Merit: 102
December 28, 2017, 06:02:29 PM
#4
yes, I used to do that, I used to use bittrex, delta and hitbtc. then i convert to BTC. after that I immediately make a transaction and exchange it to fiat.
full member
Activity: 154
Merit: 100
🌟 MIRA ICO 🌟
December 28, 2017, 05:57:43 PM
#3
For most coins you will have to convert them to BTC and then in turn make that BTC into fiat money. You probably need to use several exchanges for this process the best altcoin exchanges for trading your coins are Binance, Bittrex, and Poloniex. After you get it into BTC you can visit websites like Bitfinex, Gemini, BitStamp and more to turn your BTC into fiat. From there I believe you cash out to your bank account (although I have never done so myself yet) and voila you can buy your latest car! Tongue
full member
Activity: 266
Merit: 104
December 28, 2017, 05:38:11 PM
#2
Exchange it dirrectly to fiat is possible, if not exchange it to btc first. Some market support local bank, use that market. You can search it at google based on your location, or simply register to localbitcoins
newbie
Activity: 13
Merit: 0
December 28, 2017, 05:34:04 PM
#1
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
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