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Topic: How Do You Cashout BitCoins? - page 20. (Read 3711 times)

sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
October 21, 2017, 01:51:28 PM
#93
there must be some local exchanger in your country or try to looking someone that trusted and can exchange bitcoin to your fiat money. there will be someone like that in every country
full member
Activity: 364
Merit: 104
October 21, 2017, 01:49:23 PM
#92
I am using local bitcoin networks as I'm travelling a lot. so wherever I am I'm directly checking local network and getting cash in their local currency
jr. member
Activity: 55
Merit: 10
October 21, 2017, 01:44:08 PM
#91
In my country this is possible through many exchangers and you can get cash immediately
newbie
Activity: 56
Merit: 0
October 21, 2017, 01:40:44 PM
#90
I always using exchange for paypal,visa,webmoney,kiwi. For me best decision.
full member
Activity: 280
Merit: 100
October 21, 2017, 12:58:32 PM
#89
In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes Smiley
Really? Now I thought bitcoin is tax-less.
I directly cash out bitcoin to peso and not using dollar.
So from an exchange site to an external wallet which is in the case if you are in the Philippines, you will use coins.ph because it is the most convenient way and secured way of exchanging btc to peso as well as withdrawing it.
We can withdraw this money through banks and a lot more way
hero member
Activity: 1190
Merit: 534
October 21, 2017, 12:25:09 PM
#88
Well, when it comes to trading I keep my holdings in USD or EURO if I have any plans to trade further and if there is no such plan then I go with Localbitcoins to cash out my Bitcoins if there is any need of cash. I haven't tried many sites as I am having a very smooth experience with Localbitcoins and NEVER had any issue so far while cashing out my Bitcoins using their platform.
full member
Activity: 178
Merit: 100
October 21, 2017, 12:19:27 PM
#87
Have not done P2P transaction yet and tend to cashout through a atm, plan to get one or two debit cards in the future as other branches of transacting.
P2P is just to risky and I would fear a setup or some one observing the transaction and getting the wrong idea. Rather not explain myself, it would be a spiders web just wrapping tighter with any authorities.
Once had to buy from a atm and had 3 cops watching me in a real intrusive manner, obviously still thinking bitcoin is all about drugs. Got out of that coffee shop quickly.
full member
Activity: 448
Merit: 100
October 21, 2017, 12:15:38 PM
#86
My county does not accept bitcoin still now.So we are cashout bitcoin some ways.For example, If you give me cash money mobile bank or bank then i send bitcoin your wallet.There is no other way to cashout bitcoin in my country. Cry Cry
newbie
Activity: 47
Merit: 0
October 21, 2017, 12:13:04 PM
#85
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.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
October 21, 2017, 11:24:41 AM
#84
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 mostly use this site local bitcoins.com to convert bitcoins into my currency and cash out it from bank. Its fast and secure there's no chance to got scammed there also I used blockahin wallet they applied low fee.I can easy send and receive bitcoins on it.
sr. member
Activity: 616
Merit: 251
October 21, 2017, 10:50:03 AM
#83
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'm using coins.ph when I want to cash out my bitcoins. It has an option there where you want to get your cash its either on banks, remittance centers or by cardless atm. There is also an option when you want to pay your bills like internet, water and electricity etc., you can also top up load for your cellphone network or even buy game credits.
member
Activity: 119
Merit: 10
October 21, 2017, 10:48:20 AM
#82
I'm using an our smartphone application a local exchange wallet where you can trade your btc to your local money and cash it out to most convenient way for you either via Cardless ATM, Bank, Cash Card, Cash Pick-up or Mobile money.
member
Activity: 168
Merit: 10
October 21, 2017, 10:33:52 AM
#81
If you are talking about how to cash out the bitcoin you've earned, you might need to use external wallets and it will depend on what country you are in. Try searching for one and then after that transfer your bitcoin to that wallet and find the option that will let you convert that money to USD/etc. For us in the philippines/ asian country, we use coins.ph to convert bitcoin and after that we will go to remittance center to withdraw. I think what popular for western countries are localbitcoins and coinbase. Well goodluck and try searching for some yourself Smiley
newbie
Activity: 56
Merit: 0
October 21, 2017, 10:18:53 AM
#80
I used Coins.pH to cash out may bitcoin using my BTC address. Cheesy
sr. member
Activity: 406
Merit: 256
October 21, 2017, 09:52:42 AM
#79
In my country there are bitcoin ATMs. So I use the exchange on which it is possible to register my Bank card and easily withdraw dollars or euros from the account. Similarly, I can transfer money there. The status of bitcoin in my country is not yet defined so users of bitcoins do not track. Small transfers to accounts is also not controlled so I don't pay taxes on these amounts.
hero member
Activity: 1806
Merit: 672
October 21, 2017, 09:49:45 AM
#78
Best to send your Bitcoins from your exchange account to your wallet. Of course you need to look for a wallet which offers a Bitcoin to Fiat Currency conversion by many ways from depositing the fiat currency to Bank accounts to door-to-door deliveries. I don't know the exact wallet options you have because it varies from country to country but I am for sure you will have one if your country is not strict regarding about cryptocurrencies.
full member
Activity: 134
Merit: 147
October 21, 2017, 09:45:59 AM
#77
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.



I think before you cashout bitcoin you must register your wallet address because some sites are not accepting of what your coins that have right now, so you have to find some site that capable of cashouting your bitcoin into a paper money.


All the popular exchanges like coinbase are accepting. Localbitcoins is also very good for people who cant use coinbase
newbie
Activity: 56
Merit: 0
October 21, 2017, 09:40:36 AM
#76
Couple exhcanges u can just send btc to and they send u USD/EUR or whatever currency ur bank uses
full member
Activity: 154
Merit: 100
October 21, 2017, 09:38:34 AM
#75
I'm using Bitstamp.
I withdraw earnings through bank transfer.
I can covert Bitcoin in USD or EUR (I use EUR).
I've read that coversion from BTC to USD is fees free.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
October 21, 2017, 09:37:13 AM
#74
You could also see this question as "how do you cash-out cash?".

You could just buy something you were going to buy anyway. That gives you maximum profitability on your bitcoin and superior security online, while helping bitcoin retail adoption. If bitcoin is available broadly we may only rarely buy dollars. This will happen if retailers hear it from you.
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