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Topic: How Do You Cashout BitCoins? - page 10. (Read 3695 times)

newbie
Activity: 10
Merit: 0
April 23, 2018, 03:09:56 AM
 for me I cash out bitcoin ,  is very easy i use  bitcoin Atm to withdraw,  and its very easy to cash out, i just go near Bitcoin ATM and withdraw  ,convert to  fiat money.
newbie
Activity: 88
Merit: 0
April 23, 2018, 03:08:53 AM
Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I think this varries on what country you are living, here in the philippines mostly we cash out through coins.ph also there are banks accepting bitcoin already. But generally its COINNS.PH
member
Activity: 252
Merit: 10
April 23, 2018, 03:03:10 AM
I use 2 ways: ePayments and Localbitcoins.
1 - is convenient because you have your own card and you don't depend on p2p exchange.
2 - sometimes it is convenient to advantageously get money for a card in local currency.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
April 23, 2018, 02:46:04 AM
To cashout your Bitcoin it is mostly dependent on your country I use Remitano.com check the site out, most likely your country should be listed there, quite reliable and fast to use, as it is a peer to peer platform.
full member
Activity: 392
Merit: 100
April 23, 2018, 02:07:41 AM
Bitcoin is used for almost all exchanges. Now when I am new to Bitcoin and do not have a bank account I use to transfer all my coins to my local merchant that I found from a local Bitcoin site and since then I use it for trading. There are other exchanges that convert for you. Coinbase, Gemini, Bitpanda, only a few that you can sell with bitcoin and they can pay you with money via bank transfer or different payment processors, such as Paypal, Skrill.
full member
Activity: 420
Merit: 100
April 23, 2018, 01:59:23 AM
Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I do bitcoin withdrawals usually use a redeem to redeem bitcoins into local currency or USD and find a place of exchange that can accept USD or local currency, it also depends on the country because I know each has each country that can make withdrawal bitcoin.
member
Activity: 714
Merit: 10
April 23, 2018, 01:59:07 AM
Hey. I've been taking more than one time Bitcoins from different exchanges through exchangers. You need to choose an exchanger site, enter there that you want to exchange Bitcoins for dollars (in the field you give write Bitcoins, in the field you get specify dollars). And there in the exchanger will have to specify the number of your card, where then the dollars will come. That's all.
And, as far as I know, some exchanges can change Bitcoin to different fiat currencies. Such function like is on the stock exchange yobit.
full member
Activity: 322
Merit: 100
April 23, 2018, 01:33:08 AM
Im not that experienced too but for all I know you can use other wallets and then you can cash out to any other currency using them for example you can use netler or paypal to do that.
member
Activity: 252
Merit: 10
April 23, 2018, 01:23:19 AM
Bitcoin withdrawal is not difficult, it must be sold on the exchange in dollars and using the exchanger to translate for example to a visa or other payment system, and can for example through a personal meeting, but be careful as you can be deceived
member
Activity: 238
Merit: 10
April 23, 2018, 12:59:52 AM
Bitcoins are without a doubt the most interesting of the existing currencies, however, let's go back to the topic of our article and find out how to cash out the bitcoins. As it turned out, it is as simple as changing dollars for hryvnia or rubles inside the WebMoney system. At the moment there are many resources that can exchange bitcoins, for example, for other electronic money. This will help you one of the most famous resources for finding exchangers BestChange, which you can read about in our article "Profitable exchangers of electronic money."
newbie
Activity: 351
Merit: 0
April 23, 2018, 12:27:53 AM
In our country which is the Philippines, they authorized a private company to regulate bitcoin and the transaction of it which is the the coins.ph, we can put in our wallet under coins.ph and they will convert it into peso. We can get our converted bitcoin by remittance center. In each country who implement bitcoin, probably they have their own company also who can convert their bitcoin to their own currency.
newbie
Activity: 196
Merit: 0
April 22, 2018, 10:34:16 PM
Hello,i can cash out my money through coins.ph.There are lot of coin exchanger here I am using the online wallet for my security ang a good authenticator.in the phillippines,you could choose where you want to cash iout
sr. member
Activity: 756
Merit: 250
April 22, 2018, 10:25:56 PM
Almost in every country there is convert into each currency.
that is where you can melt your assets in your personal account to meet the needs. I think for the currency of the USD is a lot that can do cashout
hero member
Activity: 826
Merit: 501
April 22, 2018, 10:10:43 PM
Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
Right,in our country there is a local exchanger that easily convert bitcoin to fiat,there were fees but its instant and it is also easy to forward it to our bank accounts.Theres no hassle and pretty sure our exchanger is legit.I suggest to know the exchanger first if it is legit or not to avoid scammers,or permanent loss of bitcoin savings.
jr. member
Activity: 61
Merit: 5
April 22, 2018, 09:10:43 PM
It depends on what crypto changer you will use. Make use that it supports the coins you will change. And have an erc20 wallet. The wallet will be your savings account. On crypto changer there are etherdelta,poloniex and bitrexand etc
member
Activity: 294
Merit: 10
April 22, 2018, 09:09:15 PM
Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I think it's a problem from the wallet you're using. The wallet i use can easily exchange bitcoin into dollars (local currency) and the process is very fast. In addition i can also deposit my money into bitcoin using the wallet. Many forms of online payment and sales can be done in the wallet that i use.
jr. member
Activity: 1232
Merit: 1
April 22, 2018, 09:06:39 PM
I first exchange bitcoin into dollars then I converted dollars into paper fiat currency from nearest exchange institutions and then I saving my currency into bank.
newbie
Activity: 32
Merit: 0
April 22, 2018, 08:50:59 PM
It is not simple to cashout bitcoins into dollars, euros or into Rupees, but there are websites like localbitcoins.com where you can cashout bitcoins. Also, beware of of the taxes followed.
full member
Activity: 364
Merit: 100
PlayGame.com
April 22, 2018, 08:02:20 PM
you need to find  the exchanges that serve the market about trade to USD, GBP, EUR, because not all market has it, so if you want to cashout your bitcoin you need to sell your bitcoin in that market first and start to wwithdraw the USD, or anything else.
member
Activity: 168
Merit: 15
April 22, 2018, 07:57:06 PM
I use electronic exchangers, I transfer bitcoin to the exchanger, and the exchanger sends me dollars to my bank account or electronic wallet
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