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 Philippines we have coins.ph it is an application for cellphones and also for website that is used to transfer bitcoins from exchanges directly to the application and send it to bank and that is how we cashout bitcoins. 
Topic: How Do You Cashout BitCoins? - page 2. (Read 3695 times)
easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.
try coinbase exchange, you can sell it there and request withdrawal.
we can convert bitcoin into fiat thru our wallet, we can choose a nice bitcoin wallet which we can use to transfer our money easily, we can also pay our bills online and many more.
bitcoin reserve in coinbase and then I exchange my bitcoin in online and cashout my local money. then I send my whole cash in bank
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.
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.
We have legit exchanger in our country coins ph,we can easily transfer and convert our bitcoins to fiat,vice versa.It is also easy to send converted bitcoin to our ATM cards for fast and easy transactions.This is already known here in our country because of its good service providers,and convenient to use. legendary
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I cash out BItcoin through my local exchanger LUNO it buys BItcoin from me and deposit my local currency to my bank account within 3business days. I'm also a verified seller on many exchangers so I cash out through that means also that's if I'm in need of some cash urgently
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I don't know which exchange do you use but I think you bit supports this transfer and withdraw money (usd , euro , ruble...) I remember I deposited and withdraw many times using ruble with payer bank , also I read somewhere Bitrex supports this option too
easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.
try coinbase exchange, you can sell it there and request withdrawal.
Most exchanges does not deal with FIAt , instead they deal with BTC or ETH only this is done because if they use FIAT they have to uup their game and get a ton of permits and comply with many regulations.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
true this is how the cycle of cash out the bitcoins for you have to convert it for but if this is automatically bitcoin there is no problem you can cash out it for, using local wallet at last. Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
For me Local bitcoins is the quickest but that comes with a slightly less overall return. Transferring from coinbase to my account in the UK via a SEPA transfer can take up to 7 days which is way too long if the money is needed. But I would recommend local bitcoins for sure
Most exchanges does not deal with FIAt , instead they deal with BTC or ETH only this is done because if they use FIAT they have to uup their game and get a ton of permits and comply with many regulations.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
With the help of wallets and exchanges, I can dilute the bitcoin. In the future the cost of converting bitcoin will decrease and bitcoin can be used anywhere pad one day. 
you can check coinbase or hitbtc where you can link your account with your bank and make the withdrawal to your bank account or if you find someone to sell your btc locally in localbtc would be a better option.
there are platforms and apps you use to change bitcoin to USD. apps like luno help you do that with a little transfer charge. you can read up how to use it online
Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
Here in my country is easy to convert from btc to fiat. We have an applications to do cash in and cashout direct to the wallet if in case plan to cashout anytime is can use the apps. Always do search where you can cashouts to fiat currency. 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.
Ive always used a long-standing pee-to-peer trading site to buy/sell direct using bank transfer (not sure I'm allowed to mention other sites here so I wont)- I find it a heck of a lot easier that waiting to transfer fiat in/out of exchanges in any traditional way!
That may be a problem if you are in a country with restrictions on bitcoins exchange.There are local exchanges in different countries that can convert bitcoins directly to your local currency,you have to add your bank details.See the one for you country.Luno is what i use for example when i need fiat.
in India we have two zebpay and unocoin big purses. One can easily get a bank withdrawal immediately after selling your bitcoin on this platform. What's more interesting is that this wallet has slightly higher bitcoin prices in the market. So, that's pretty profitable too. You can withdraw up to 300 USD equivalent a day, but if you use the money back, you can use the daily limit of a 1000 USD card instead of cash. This is a PITA; You will visit at least 4 or 5 minimum stores to complete this task. So for bigger money, you should use an exchange that allows deposits directly to fiat (most obvious) or use LBC. LBC cooling reporting requirements; after that, you have to explain to someone what you do with all that money. I just use a simple method to convert bitcoin into the currency of my desire through an exchange where there is no problem and the tax is also very low.
There are few resources available in the world to convert Bitcoin into cash in today's time. Some people are going to exchange and convert their coin into cash. But there are some such exchanges that are turning Bitcoin into cash. And some Bitcoin ATM is also available in the countries. Since we can ever convert our coin into cash, at this time people get very trouble to convert Bitcoin into cash.Because Bitcoin ATM is not available in all countries so far. But in the future Bitcoin ATM will be available in every country, then people will not have any trouble.
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