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Topic: How Do You Cashout BitCoins? - page 3. (Read 3695 times)

newbie
Activity: 144
Merit: 0
April 26, 2018, 09:57:30 AM
Coinbase, Gemini, Bitpanda, Bitstamp are just a few that you can sell with bitcoin and they can pay you with money via bank transfer or different payment processors, such as Paypal, Skrill, Neteller, etc.
to be honest i buy bitcoin now and invest in tokens.
but any time I can sell using exchangers with many in every country. some exchanges offer to earn money with cash.
full member
Activity: 383
Merit: 100
🚀🚀 ATHERO.IO 🚀🚀
April 26, 2018, 09:53:43 AM
Bitcoin is a digital currency you required to convert it in your own local currencynto be able to cashout, here in our country in the philippines, coins.ph is a trusted app that can help you cash in and cash out money in crypto without hassle.
Indeed, coins.ph is trusted here in the Philippines; it is the most popular wallet and a lot of people know the it is secured. This wallet allows all the Bitcoin users to cashout their btc in a easy way.
member
Activity: 257
Merit: 11
April 26, 2018, 09:52:40 AM
Find someone that is willing to buy your coins directly from you,or find some local exchanges who wants to get into bitcoin so that you can avoid big fees from the accounts or exchanges.In my country we can sell our bitcoins in casinos where most of the gamblers are risking their money thru cryptocurrencies because it is the safest way to liquidate bitcoins,without an hassle.
newbie
Activity: 98
Merit: 0
April 26, 2018, 09:40:20 AM
There is no real exchange of BTC-USD. So what you need to do is move it to your wallet and sell it to people. We are lucky here in the Philippines because we have a wallet that buys Bitcoins and is converted to PHP.
full member
Activity: 511
Merit: 100
April 26, 2018, 09:37:47 AM
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.
member
Activity: 392
Merit: 10
April 26, 2018, 09:35:05 AM
Since there is already a external wallet of both bitcoin and ethereum here in our country, thats what im using. From exchangers, there we can convert our bitcoin into eth or bitcoin to fiat. But transaction fees were high. And its bitcoin and ethereum rate is not same as in the other external wallets. Its lower than the price in blockchain. Since its the only way we can exchange our bitcoin into our own fiat, we just use it anyway. Thankful also that it was created despite of bitcoin is not yet regulated in our country.
newbie
Activity: 112
Merit: 0
April 26, 2018, 09:26:50 AM
To do business is indeed very profitable to convert the coin of the original currency. can to convert bitcoin into native currency. or it could be for other coins at a price you can adjust yourself
full member
Activity: 323
Merit: 100
April 26, 2018, 09:20:40 AM
When I do cash out, my friend used to help me because they really know how to do it and they are more knowledgeable in everything about bitcoin, as what I can see they exchanged it first to our local currency. So if I were you, you should ask first to the other people who are more knowledgeable and also for the sake of your account also money. In addition, you should be careful for those people who you trust because nowadays there are so many fake people who make you trust them then they will steal your information account or your money.
member
Activity: 274
Merit: 10
April 26, 2018, 09:10:36 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.
As far as i know only coinbase has that feature,to convert your bitcoins into USD directly thru their exchange,and most of the major exchanges doesnt offer this conversion,atleast you can find someone in your place who wants to buy some bitcoins directly to to have less transaction fees from exchanges,p2p transactions is the best way to liquidate your coins.
newbie
Activity: 116
Merit: 0
April 26, 2018, 09:07:47 AM
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.
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
April 26, 2018, 09:01:36 AM
Using local exchange to cashout the bitcoin in form of your local money. Each country has a different currency just looking for an exchange that offers to do that or people could just use a third party service to cashout the bitcoin. Bitcoin will not complicate its users as long as people know how to outsmart that.
newbie
Activity: 280
Merit: 0
April 26, 2018, 09:01:05 AM
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.
newbie
Activity: 154
Merit: 0
April 26, 2018, 08:54:58 AM
everybody will do that if the circumstances benefit us to do a bitcoin cashout
member
Activity: 238
Merit: 33
April 26, 2018, 08:51:02 AM
Bitcoin, which is a digital currency, needs to be converted into local currency of a country in order to be cashed out. The methods of converting or exchanges of Bitcoin is dependent to the area of location of an owner, the establishments of that location such as remittance centers and banks, as well as particular services that are available in the owner's location like cash pick-up and door-to-door delivery.

In our country, Philippines, whenever I need to cash-out Bitcoins all I have to do is use my trusted wallet application which is the Coins.ph.
Coins.ph allows me to directly cash out my Bitcoins into the local currency of our country without converting it first into our local currency prior to the transaction. Nevertheless, if the wallet owner prefers to convert the Bitcoin into our local currency prior to cash out, it could be done.

newbie
Activity: 84
Merit: 0
April 26, 2018, 08:07:23 AM
Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
full member
Activity: 524
Merit: 100
io.ezystayz.com
April 26, 2018, 08:01:50 AM
Bitcoin is a digital currency you required to convert it in your own local currencynto be able to cashout, here in our country in the philippines, coins.ph is a trusted app that can help you cash in and cash out money in crypto without hassle.
member
Activity: 434
Merit: 10
April 26, 2018, 07:47:12 AM
Bitcoin is a physical cash ,you can only cash out through your own local currency but in some country you can buy and sell in bitcoin.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
April 26, 2018, 07:44:38 AM
you can request withdrawal with your funds after you sell your bitcoin on the exchange.
just be careful about phishing site, just like recently google dns hijacked on myetherwallet.
full member
Activity: 308
Merit: 128
Here I come! Again!
April 26, 2018, 04:34:09 AM
Luckily we have local exchange here in my country, only the fee is quite high 1% and sometimes it can take up to a week even more
But third party partner costs less than that, around 0.5-0.8% and almost instant
I dont know if there is no local exchange, how do we need to cash out our coins
newbie
Activity: 99
Merit: 0
April 26, 2018, 04:24:42 AM
Used to cash them through localbitcoins, but recently got my BitPay card with direct conversion from BTC/USD, commision is much less, so $20 paid off in a day or two. Dont get it as some kind of a protion, I didnt use it enough time to make my final conclusions
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