How Do You Cashout BitCoins? - page 15.

Vaskiy

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Quote from: RodeoX on February 19, 2018, 01:17:57 PM

When you have bitcoin you already have cash. Better cash. Wink

That's the fact, when one has got bitcoin in the wallet it is same as having cash in the wallet. These days we've got more exchanges and trading websites to cash out bitcoin. The best way is to use localbitcoins.com which has got its service over most countries around the world.

RodeoX

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When you have bitcoin you already have cash. Better cash. Wink

Verde_Mantis

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Quote from: crypto-Kelly on February 19, 2018, 12:38:50 PM

In countries where btc is allowed or accepted by the government and banks here you can easily use atm to make it cash.Like in usa or canada lots of bar's and super shops accepted btc as their payment method and btc in atm are also available in those countries to exchange in cash directly.

Don't they have very high commissions?

crypto-Kelly

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In countries where btc is allowed or accepted by the government and banks here you can easily use atm to make it cash.Like in usa or canada lots of bar's and super shops accepted btc as their payment method and btc in atm are also available in those countries to exchange in cash directly.

neo444

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To cashout bitcoins you can use exchange site to convert that btc to dollar or euro or what ever you want you can use bestchange.com to find exchange site

onnz423

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You can cash out using a website such as localbitcoins, whereby localbitcoins acts as escrow for the funds to ensure nobody gets scammed. Be careful not to fall victim to any scams however, and never send the BTC until you know the payment is confirmed.

alonrono

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Quote from: imteaz on October 20, 2017, 11:53:18 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.

You need to change your bitcoin to fiat in some exchange and send that to your bank account, if you can't do it I think the only other way{at least from what I know} is to sell it to someone privet.

mahboob123

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http://www.fintropy.io/

Bitcoin is easy to convert in any cureency like usd inr euro and other form converter site many converter sites avilaibel in internet

kanchuka2

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hi,
I think cex.io and coinmama.com are best exchanges to sell bitcoin.At the time you sold bitcoins you can get dollars $ for you bitcoin.If you have added band card to your cex.io account , you can transfer money instantly.

Hero44

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I cash out my bitcoins using LUNO. It's very easy and fast you get your money within hours of request.

traderethereum

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in a few months ago until now, I use localbitcoin and my friend which help me to cash out my bitcoin and I am very happy because the fee is not too big for me so I still get that money with safe. I never use the exchange to send the money to my account because it needs too long to see the money arrives in my bank account so, with a little help from my friend, I can get that money in less than one hour so I can go to the ATM to take the money.

Oasisman

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Quote from: imteaz on October 20, 2017, 11:53:18 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.

It depends on which country you are, because there are several local exchanges that directly convert Bitcoin into fiat money and cash it out via remittance, bank deposits, and others. You just need to make a few research in the internet on whether you have local exchanges in your place and of course choose the most reliable one, which everybody use. If you use international exchanges there might be a possibility of delay, depends on you location.

paddy_exchange

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Quote from: nl247 on October 22, 2017, 02:50:47 AM

Cashing out is not hard if you can find the exchange available around you. Personally I have always made use of remitano (P2P exchange which has an escrow) and LUNO (direct deposit, former bitx which is pretty fast).
However, with the rate at which new developments are coming up with multi cryptocurrency wallet with a debit card attached to the wallet, cashing out anywhere globally will start becoming easier than we have always had it. The more we grow, the more we keep getting better.

remitano is horrible...
opaque web
ocult fees
no good suport
i dont like it

Drunkenhorse

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I don't cashout yet, I just started investing , so I will need a little bit more time.

Tux99

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Quote from: imteaz on October 20, 2017, 11:53:18 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.

Atually i dont know do you trade. What is the name of the exchanger?
Because some of exchanger like bitstamp has the menu to convert into fiat.
Actually you dont have to deposit and withdraw with bitcoin because you can withdraw altcoin too like etherium and others.

weav

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I send it to a local website where you can buy and sell bitcoin , but not really a exchange. I pay a bit higher fee but it is worth it because they are trusted.

Captain_Planet

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I send it to local exchangers and they send me payments in my banks. That is how I am buying and selling bitcoin at the moment.

TheBTCpost

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Quote from: imteaz on October 20, 2017, 11:53:18 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.

When I do need to there’s a few ways I do it myself

Most profitable way for me is to sell via my local bitcoins account various types of payment

Secondly but only used for emergency cash outs is my BitPay Visa card

paolo099

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the few times i wanted to cash out something i did it through the exchanger (some of my coins were there) to send it directly to my bank account, otherwise like most of us, localbitcoin or, in case of friends/colleagues, by hands.

Baby Dragon

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Quote from: matrixjohn on October 20, 2017, 02:57:32 PM

I do cash out my bitcoin through the help of the local bitcoin wallet in my country. I usually used rebit bitcoin wallet this online bitcoin wallet allows me to send money and buy bitcoin or alt coin.

I cash out my bitcoin with the help of the local bitcion wallet. I convert my bitcoin into cash with help of coins.ph here in the Philippines it so easy to transact. Even you send money to your relatives is so easy, and investing money.

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