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.
Topic: How Do You Cashout BitCoins? - page 19. (Read 3711 times)
If you are relatively new to digital currency I need to advise you to use care in dealing with some of the exchanges. Ask the people on this forum. I believe that for the most part they are helpful and will give you honest and valuable advice. Without trying to tell you what to do with your money I will tell you that after relying upon some industry reviews posted online I jumped into the digital currency market with CoinBase. I do not believe I could have made a worse decision. Now after talking with real people who have been victimized by this company I realize that they have appropriated the funds of many customers, have essentially no customer service system and no consumer protections in place. I suspect that in what has been a fast and loose marketplace CoinBase is not the only cryptocurrency exchange company out there with a predatorial business model because quite simply bad people will do bad things if they can get away with that conduct. So beware and be careful. Get good advice from real people who have no profit motive in your victimization. Good luck to you.
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 cash out my bitcoins using my wallet. My wallet is coins.ph. The thing is there is a feature in that wallet that allows me to not just withraw my coins but to also use them in buyinng things, which is very convenient.
Coins.ph only seems to work in Philippines but it offers great solutions
It's easy 
You can sell it or withdraw using credits cards funded by bitcoin ( epayments , spectrocoin, etc )
You can sell it or withdraw using credits cards funded by bitcoin ( epayments , spectrocoin, etc ) 
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 cash out my bitcoins using my wallet. My wallet is coins.ph. The thing is there is a feature in that wallet that allows me to not just withraw my coins but to also use them in buyinng things, which is very convenient.
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 searching for some local exchanger or some wallet you could use to easily withdraw your bitcoin,Luckily for us who are in the Philippines we could easily trade our bitcoin into Fiat because of our local online wallet.
HeyWell its really easy you just need to put ypur bitcoins in a wallet that permits this option , infact there are different wallets specific for different countries that do just fine in this line , there you can buy and sell bitcoins but there is usually a margin between buying and selling bitcoins thus that margin might trouble you at first , then you can easily sell your bitcoins and the money that you earned will be added into your wallet and after that it's upto you what you want to do with it , you can transfer it to ypur bank account and thats real cheap, or you can even recharge and do a lots of things, all the services are wallet specific offcourse thus you need to choose the one that suits you the best according to your country, the best will be to ask around your Friends about thw wallet they use.
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 different bitcoin wallets where you can already exchange bitcoin to a lot of currency but i use a wallet most suitable for me and gives other benefits too that i can use. Since i am from the philippines i use a wallet where i can cash in either my own currency or bitcoin already which can be invested on as bitcoins price go up. 
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 different bitcoin wallets where you can already exchange bitcoin to a lot of currency but i use a wallet most suitable for me and gives other benefits too that i can use. Since i am from the philippines i use a wallet where i can cash in either my own currency or bitcoin already which can be invested on as bitcoins price go up. 
i am happy to see that today there is many option that we can use to cashout our bitcoin to fiat and we can use without a problem. for people which don't have local exchanges or seller to buy and sell bitcoin, they can use localbitcoin which many of recommended seller and buyer that will receive our orders. beside that, it will be better if we can find one of our friends that willing to accepting our bitcoin and send the money to our bank account, i often use this way if i am in urgent situations so i don't have to wait until hours to receive my money.
For me, I usually deposit my bitcoin to Skrill, and then use their prepaid card to withdraw the fund from local ATM.
Or simply trade with people on Localbitcoins.
Or simply trade with people on Localbitcoins.
I can speak for Philippines market. Here in PH we have companies accepting bitcoins and services that allow you to cash out bitcoins.
One such company here is coins.ph, it is a company that allows you to buy and sell bitcoins. They have a connection with our local banks so whenever you wish to cash out you just put in an order in the website to wire the money to your account. In terms of buying bitcoin you can use their seven eleven outlets to put some cash in to your coins.ph account to buy bitcoins.
We still dont have altcoin exchanges here and companies accepting or selling them, so the best way to do cashout altcoins would be through converting them first to bitcoins. Bitcoin right now is like the USD of cryptocurrencies.
One such company here is coins.ph, it is a company that allows you to buy and sell bitcoins. They have a connection with our local banks so whenever you wish to cash out you just put in an order in the website to wire the money to your account. In terms of buying bitcoin you can use their seven eleven outlets to put some cash in to your coins.ph account to buy bitcoins.
We still dont have altcoin exchanges here and companies accepting or selling them, so the best way to do cashout altcoins would be through converting them first to bitcoins. Bitcoin right now is like the USD of cryptocurrencies.
In each country there are different ways to transfer bitcoin in to cash. But in my country is so easy to convert bitcoin in to cash and cash out. because here is a local money changer anywhere connected to the bitcoin wallet. And the good thing about it is you can pay home bills like water bill, electricity bill, internet connection bill, phone load and much more, using bitcoin wallet.
There are many ways to cashout your bitcoin. I personally transfer some of my bitcoin to neteller every once in a while and i use the card to get the money. I use neteller because paypal is baned in my country for unkonwn reasons. I believe you can transfer the amount you want to cash out to your paypal account and get it out. Or you can transfer them to one of the online bitcoin casinos then transfer it. It really simple.
In our country we have a market or whatever you call that platform, where you can buy bitcoin instantly just go to 7/11 stores nationwide then with in minutes you can buy and exchange fiat to BTC same with converting Bitcoin fiat just with 1 click and in seconds. You can also withdraw your money directly to your bank account with no fee. Glad we got it here.
You can buy bitcoin:
7-Eleven stores nationwide (NO verification needed)
Bank deposit
remittance
more..
You can exchange bitcoin to FIAT --> Instantly with just 1 click and in seconds
You can withdraw bitcoin same day --> with in an hour or minutes "Need to convert btc to fiat first"
You can use bitcoin to pay bills and buy online stuff.
You can buy bitcoin:
7-Eleven stores nationwide (NO verification needed)
Bank deposit
remittance
more..
You can exchange bitcoin to FIAT --> Instantly with just 1 click and in seconds
You can withdraw bitcoin same day --> with in an hour or minutes "Need to convert btc to fiat first"
You can use bitcoin to pay bills and buy online stuff.
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 basically there is a mobile app and website that easily convert bitcoin to our local currency, you can also use this to buy stuff online and this is so easy to use and to cash out your money with a small fees.
you can use Exchange site : You would need to create an account at one of the many exchanges (e.g. kraken, bitstamp, Poloniex, bittrex) and there you would have a new bitcoin wallet to transfer your bitcoin. After your bitcoin have arrived to your new wallet you will be able to sell them and transfer the fiat amount (money/ currency in USD) to your bank account.
you're also use Payout service: There are a few services that will accept bitcoin for fiat (EUR, USD, CNY,...) this means you send them your bitcoin from your wallet of choice and they will transfer the amount (minus a fee 0.5%) to your account (or any other bank account of your choosing e.g.: to your Landlords to pay for rent). This is very easy to use and i have had good experiences with Bitwala, they charge 0.5% and there is no risk of hackers taking your bitcoin. The money was on my account after 1-2 day(s).
you're also use Payout service: There are a few services that will accept bitcoin for fiat (EUR, USD, CNY,...) this means you send them your bitcoin from your wallet of choice and they will transfer the amount (minus a fee 0.5%) to your account (or any other bank account of your choosing e.g.: to your Landlords to pay for rent). This is very easy to use and i have had good experiences with Bitwala, they charge 0.5% and there is no risk of hackers taking your bitcoin. The money was on my account after 1-2 day(s).
I simply don't. I believe that Bitcoin value will increase in the next few years to a very high level. I can already pay my bills and order food using bitcoins. However, I can't still buy everything for it. That's why I sell my BTC on localbitcoins or use my local exchange to withdraw money from ATM. It's really convenient and quite fast, it's available 24/7 if there's a working ATM nearby.
Bitcoin is not acceptable in our country.I always convert Bitcoin into usd.Then withdraw the money from the bank through the reseller.That's the easy way
in our country, we use coins.ph for easy transaction. we receive the bitcoin convert to php(philippine currency) and then cash out to either pawnshops or bank. tho i think coins.ph works only here in our country.
There are many website in your country by which you can exchange bitcoin easily as we are using in our country because now a days people are making there own exchanges in there country which cannot be ban by there country because these exchanges are also decentralized. Jump to: