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Topic: How Do You Cashout BitCoins? - page 12. (Read 3711 times)

newbie
Activity: 198
Merit: 0
April 19, 2018, 05:53:11 PM
cashing out bitcoins can be easily done via the local bitcoin exchangers/vendors that pays into your local bank account
sr. member
Activity: 812
Merit: 250
April 19, 2018, 05:50:17 PM
Well in our country, You can simply cash out your btc through downloading php coins wallet, there are already menu's on that wallet where you could encash you btc, just simply follow the directions in the menu and everything will happen as easy in an instant.
Here in the Philippines you can simply convert bitcoin into cash by using the apps coins.ph.. your bitcoin make it into cash in so fast and easy to transact and very low cost payment, very simple follow the given intstruction easy to do and you can get your money safe and secure in all selected remittance center.

copper member
Activity: 224
Merit: 3
April 19, 2018, 04:45:12 PM
Converting bitcoin to fiat can be as easy as the availability of escrow services in the country u live in. Also, i would like to point out that u can deposit and withdraw cryptos other than bitcoin as well as have trading pairs other than bitcoin on them. For example, bittrex has three currency pairs BTC-alts, ETH-alts and USDT-btc/alts. In my country for example u can convert coins like USDT, ETH and BCH directly to fiat in few seconds. So the options are dependent on your location and exchange preferences.
member
Activity: 392
Merit: 10
April 19, 2018, 04:37:53 PM
The exchange I use in my country only accept bitcoin deposit for conversion to fiat currency. Basically, what I do is to first convert my cryptocurrencies to Bitcoin and then transfer to the exchange and upon successful confirmation, the exchange will credit my bank account immediately.
sr. member
Activity: 462
Merit: 252
April 19, 2018, 12:52:11 PM
if you wanna convert bitcoins directly to cash or to you bank account you can use cex.io they offer this service , they also provide storage of your coins but at a fee.
newbie
Activity: 112
Merit: 0
April 19, 2018, 12:32:52 PM
Too many ways to cash out Bitcoins. In my country we uses a particular app that let us buy and sell bitcoins, and then buy goods or services, eloads and pay bills. It also let us withdraw the money/hard cash from bitcoin. You may find a trustful app that will suite on unto your country.
sr. member
Activity: 562
Merit: 250
April 19, 2018, 12:20:04 PM
bitcoin is a crypto currency and it is easily changeable to any other currency. i am using just simple method of converting bitcoin to my desire currency through exchanges in which there is no problem and taxes are also very low.
I convert my bitcoin into cash with the help of coins.ph here in the Philippines, so fast and easy to transact with low payment. No hassle and worry cause my money are safe and secure.
full member
Activity: 462
Merit: 102
April 19, 2018, 12:03:05 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.

Try contacting banks in your places or money remittances that are accredited by your cryptocurrency exchanges. All you have to do is sell your bitcoins in the exchange and transfer the funds from the exchange to the money remittance center or the accredited bank that caters to cryptocurrency exchanges.
full member
Activity: 266
Merit: 100
April 19, 2018, 11:35:39 AM
Since I started working in bitcoin, I used local division to sell my Bitcoin.
I think this is a convenient and safe way to sell Bitcoin. And the money sold will be transferred to my bank account and deposited. Later, I collected money from the bank account.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
April 12, 2018, 11:05:22 AM
Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.
Correct but right now there areots of ways to convert your bitcoin to your own currency. There is also a website that help you sell your bitcoin like coinbase and much more. You don't need to worry about converting your bitcoin as there are lots of people want to buy bitcoin for fiat.
full member
Activity: 504
Merit: 100
April 12, 2018, 10:59:25 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.

Well, your exchange must send your bitcoins to your online wallet and your online wallet must have a connection with other banks that can receive dollars through it. When it does, then you can cash out your bitcoins for dollars. In our case, we just use an app to sell everything.
newbie
Activity: 154
Merit: 0
April 12, 2018, 09:18:49 AM
You can cashout your bitcoin by selling your bitcoin in the exchange.
first you need to do is find the exchange that accept bitcoin to USD.
and you can withdraw your USD.
newbie
Activity: 84
Merit: 0
April 12, 2018, 07:43:55 AM
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.
member
Activity: 434
Merit: 10
April 12, 2018, 07:34:45 AM
Yes, I cashout my bitcoin when I need real money that is why even bitcoin price is very low is not a reason that I didn't cashout my money.
sr. member
Activity: 574
Merit: 267
" Coindragon.com 30% Cash Back "
April 12, 2018, 07:20:20 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.
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.
Exactly, it depends to your country on what exchanger was available. Just like here in philippines we have this wallet which is coins.ph ans by that we can withdraw our bitcoin in bank. We just need to convert it into fiat before we get it. Try to search because surely there is a exchanger in every country for it.
sr. member
Activity: 476
Merit: 250
April 12, 2018, 07:16:43 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.

Most countries that doesn't prohibit crypto has an exchanger to exchange altcoin into their country's currency, and this is easy to do even though there is an exchange fee,  if you make exchange on a trusted exchanger then your transaction will be safe and will not scam.
for example you can trade your bitcoin to USD  in this market https://bitcoinwisdom.com/markets/bitfinex/btcusd  Smiley
full member
Activity: 336
Merit: 107
April 12, 2018, 06:39:52 AM
With the utilization of our neighborhood bitcoin wallet application, it enables us to change over our bitcoin into nearby money. The application has nearby trade accomplices, they enable us to get the money through way to entryway conveyance, money get or bank exchange. It was made simple since you can get the cash in the closest second hand store accessible. There will be little measure of exchange charge, yet its not all that awful for a quick exchange.
jr. member
Activity: 252
Merit: 2
April 12, 2018, 06:36:23 AM
There are several ways to cash out bitcoin, you can send it to luno app for Nigeria,coinbase USA and Canada,though it depends on the country you are currently in, join escrow group where they trade bitcoin,
newbie
Activity: 70
Merit: 0
April 10, 2018, 07:16:03 AM
There are some ways you can follow to cash out bitcoin.
As i know we can cash out through local exchanger in each country. Second, change through marketplace. We can withdraw in marketplace in veryfied account.
newbie
Activity: 322
Merit: 0
April 10, 2018, 07:05:21 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.

On the Internet there are a lot of exchangers that your bitcoins will buy, and you will be sent $, or any other currency. The main thing is to have a bank card or an electronic wallet, to which you will be transferred money. Of course for this service you will be removed from some amount of commission.
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