Topic: How Do You Cashout BitCoins? - page 24. (Read 3711 times)
I used the exchanges to convert the Bitcoin to USD and then withdraw USD. most of the exchanges can be converted to USD
Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
This works good for small amounts but larger amounts and were talking money laundering laws being broken.
Hi imteaz,
I would take a look at the beginner section of the forum. It can provide a lot of good information that you might find helpful.
To answer your question, you need some sort of exchange if you will, like coinbase that will pay for the coins you have into USD. Lots of exchanges out there you just have to find the one you want.
I would take a look at the beginner section of the forum. It can provide a lot of good information that you might find helpful.
To answer your question, you need some sort of exchange if you will, like coinbase that will pay for the coins you have into USD. Lots of exchanges out there you just have to find the one you want.
I don't know which exchange do you use but I think yobit supports this transfer and withdraw money (usd , euro , ruble...) I remember I deposited and withdrawed many times using ruble with payeer bank , also I read somewhere Bittrex supports this option too .
PS : log in to your exchange account and go to wallet (you find a list of currencies BTC USD EURO ETH...) and two signs for each currency (+ for deposit ) and (-for cash out)
PS : log in to your exchange account and go to wallet (you find a list of currencies BTC USD EURO ETH...) and two signs for each currency (+ for deposit ) and (-for cash out)
Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
Yes but be careful when you meet to trade in person. There have robbery cases before.
Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.
The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
Coinbase is where it's at, you just have to be fine with going through the KYC and other sort of government sanctioned regulations where you're going to have to give up some of your personal information so there is privacy concerns with that. I know that others have other methods such as using Paxful, Local Bitcoins and so on and so forth but I'd rather have issues with privacy rather then pay disgusting fees that are just going to take SO MUCH MONEY.
COINBASE FTW!
COINBASE FTW!
Yes Bitcoin is being too much used on almost all the exchanges. Now when I was new to Bitcoin and have no bank account I use to transfer all my coins to my local trader which I have found from local Bitcoin site and since then I used him for trades. So now I have got a bank account and so he sends my Bitcoin directly to my bank account.
In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes 
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. 
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.
Some exchanges dont have cashout to convert for a dollar or euro currency. You have to send your bitcoin first to an external wallet like like blockchain,info wallet. You can sell your bitcoin at https://localbitcoins.com/ and it will be directly send to your preferred bank or in a remmitance center.
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.
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.
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.
Jump to: