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Topic: How Do You Cashout BitCoins? - page 11. (Read 3711 times)

member
Activity: 92
Merit: 10
April 22, 2018, 12:54:18 PM
If you are a retail client, you can sell your bitcoins at exchanges such as Coinbase, Kraken, Bitstamp, Poloniex, etc.. Each exchange has a different interface and some of them offer related services such as secured storage.
sr. member
Activity: 434
Merit: 250
April 21, 2018, 10:29:03 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.

There are several ways you can cash out Bitcoin and convert it to fiat. My favourite one is www.kraken.com, but you can also look at Coinbase or try to sell it also at localbitcoins.com.

I am actually a bitcoin bounty hunter here and I am joining particular signature campaign for me to earn particular tokens too which is so easy because you can really make posts using your own knowledge. Ang when I sell my particular tokens and put it in my wallet. I am definitely using online wallet to have more security and good authenticator. Since I am filipino and I am in the philippines, I am using coins.ph to cashout or to withdraw the money I earn here at the forum.
full member
Activity: 478
Merit: 113
April 21, 2018, 10:20:39 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.

There are several ways you can cash out Bitcoin and convert it to fiat. My favourite one is www.kraken.com, but you can also look at Coinbase or try to sell it also at localbitcoins.com.
newbie
Activity: 154
Merit: 0
April 21, 2018, 10:12:34 AM
Well it is a matter of patience with yourself. I know that according to our rank difference you are above me and I guess you have experienced it already. But I would suggest that maybe you should not cash out and cash out your bitcoin. You can have more profit when you hold it for a long time. Better earn and earn to have more.
member
Activity: 294
Merit: 12
April 21, 2018, 10:08:34 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 am using coins.ph which is very easy to cashout first I will convert my Bitcoin into our fiat then send it to my account or cash out thru remittances center. That's all I am doing and thankful our country have it's own wallet.
full member
Activity: 438
Merit: 100
April 21, 2018, 10:01:23 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.
Not all exchange have a conversion for USD, in our country we have our own wallet for the conversion of our earnings in bitcoin or either ethereum so we can easily withdraw our money when it was needed so better to have own wallet in your country.
jr. member
Activity: 232
Merit: 1
April 21, 2018, 09:36:26 AM
I am india so I cash out  through one of famous exchange named zebpay, but our central bank no longer allows bank to indulge in crypto related transactions so I use P2P exchanges now.
member
Activity: 128
Merit: 10
April 21, 2018, 09:30:36 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.

To cashout your money in exchange you need to transfer first you bitcoin or dollars to other wallet that has a features to cashout or withdraw. In my experience I transfer it to my wallet coins.ph to cashout my money from exchange. But it is depend where location at and wallet available to you location that has a feature of cashout in different money remittances.
member
Activity: 307
Merit: 10
April 21, 2018, 09:24:25 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 cannot cash out bitcoin in any ATM or bank because in my country there is no bank for bitcoin. I just exchange it or convert it in us dollar or peso in my online wallet so that I can now withdraw or cash out it in any ATM or bank. In my country it is easy to withdraw it because my online wallet was so easy to use.
jr. member
Activity: 97
Merit: 2
April 21, 2018, 09:21:23 AM
The quickest way to cash out in my opinion would be local bitcoins. It has exploded over the last few months, and there are plenty of people waiting to buy your bitcoin on there! you will have to accept 10/15% less than the market value for your purchase though
legendary
Activity: 1596
Merit: 1034
April 21, 2018, 09:21:05 AM
It is better to use a country-based exchange service because it is certain that the exchange service provides bitcoin conversion to your country's local currency, so you will not be in trouble again when you want to cashout your crypto assets. If in your country there is no crypto exchange service then you can use another exchange service but the disadvantage is you can not directly convert the crypto assets you have with local currency in your country.
full member
Activity: 700
Merit: 100
April 21, 2018, 09:18:17 AM
You can sell your bitcoin and send it to money transfer and you can claim it just bring a proof of your identity. Other way is to deposit it directly to your bank account and withdraw it on counter or through ATM.
full member
Activity: 686
Merit: 100
April 21, 2018, 09:15:15 AM
We had some direct exchanger Btc to fiat so it's easy to cash out but here's the catch, the exchange buys btc way cheaper than your expected price, I can sell also at my localbitcoins but it's kinda hassle.
member
Activity: 168
Merit: 10
April 21, 2018, 09:12:33 AM
In coins.ph you can withdraw  your bitcoin directly, need to convert in to php and it takes 10-15 mins for you to withdraw in the designated money transfer establishment. I think now a days it's so easy to buy and sell crypto due to many wallet website an apps that offer not just one crypto but any kind of crypto that is know right now, even in china and japan has their own Bitcoin ATM machine that you can buy and sell bitcoin anytime.
full member
Activity: 616
Merit: 100
April 21, 2018, 08:39:13 AM
you can sell your bitcoin into some exchanger to convert it to USD or your local currency after that you can withdraw the USD to your bank account and you will receive the money in your account, make sure that the market that you want to sell bitcoin is trusted.
member
Activity: 159
Merit: 10
April 19, 2018, 06:06:18 PM
There are many way on how I can cash out my bitcoin, in our country we are using a wallet that partners with different banks and remittance centers, in that way we have many choices . But for me  I Prefer cashing out in remittance.
I agree with you, there are numerous ways to cash out your coins. Using your wallet, specifically coins.ph, you can easily click cash out and type the amount you need.
full member
Activity: 251
Merit: 100
Powered by Artificial Intelligence & Human Experts
April 19, 2018, 06:03:02 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 cashout my money in an application called Coins.ph, this kind of an application helps you to convert you bitcoin into fiat, and fiat into bitcoin easily. There is a logo in application that you can click to cashout your money, after you click it then you will type how much of money you will cashout, and you will receive a pincode that will you type in an ATM.
hero member
Activity: 1554
Merit: 880
Notify wallet transaction @txnNotifierBot
April 19, 2018, 06:01:41 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.

In my country, we have here a local digital wallet that can be used for buying bitcoin easily through some banks and remittance centers, and we can also easily convert it to our local money and withdraw in some banks and remittance center as well using this local digital wallet. So it's not so difficult for us to convert and withdraw our bitcoins into fait, because of this wallet that we used.
sr. member
Activity: 1624
Merit: 267
April 19, 2018, 06:01:14 PM
You can make a resesrch so you can know what is the best way to cashout your bitcoin. Because in my country philippines it easy to cashout our bitcoin because that's my country wallet with different cashout option..
sr. member
Activity: 714
Merit: 250
April 19, 2018, 05:56:36 PM
If you want to cash out bitcoin you need to have coins wallet it depends on your country or nation. In the Philippines we have coins.ph like that and then you can cash out in partner banks of coins or bitcoin. Now you can enjoy your money.
Yes, you are correct in Philippines all you need  the apps of coins.ph. you can convert your bitcoin into cash quickly no hassle then you can redeem in all remittance center in cebuana luilliher or any atm bank. Easy and so fast within a minutes you get your cash instantly.
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