Topic: How Do You Cashout BitCoins? - page 9. (Read 3695 times)
I sell them to my friends and family
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.
So far i am carrently holding some coins and i am always in long term trading which is very good for me since i dont have a plenty of time buy doing trading that why i prefer in long term. I use to withdraw my earning from bitcoin to my local currency money via our local apps called coins.ph that fully supported by some remitances nationwide.
You can use one among many available trading web sites, you can sell your bitcoins to traders, you can post a trade with your preferred method of payment and rate
For me the best way is special web exchanges where you can exchange fiat and criptocurrency. Also some criptocurrency exchanges support option to sell criptocurrency in fiat and with raw it
perhaps the most common way people use is web exchange. even more so if they have trusted one of them. but, for me, I have friends who always exchange my bitcoin into fiat in no time. well, that's really helpful. 
For me the best way is special web exchanges where you can exchange fiat and criptocurrency. Also some criptocurrency exchanges support option to sell criptocurrency in fiat and with raw it
There are 3 best ways:
- exchanges
- ePayments - at them low commissions on a conclusion + own card.
- localbitcoins - like that you can put the price and a convenient bank card for yourself. Sometimes the conclusion can take time, if your offer is at the best.
The difference between them in the method of withdrawing cash and in commissions. At the time of withdrawal, you need to look at all the options and choose the best one.
- exchanges
- ePayments - at them low commissions on a conclusion + own card.
- localbitcoins - like that you can put the price and a convenient bank card for yourself. Sometimes the conclusion can take time, if your offer is at the best.
The difference between them in the method of withdrawing cash and in commissions. At the time of withdrawal, you need to look at all the options and choose the best one.
If I want to convert BTC to Fiat, I prefer 2 ways:
1.Using services like localbitcoins or telegram exchange bots (if I need to receive money on my debit card)
2.I have some partners which business is exchanging BTC->Cash and vice versa.
1.Using services like localbitcoins or telegram exchange bots (if I need to receive money on my debit card)
2.I have some partners which business is exchanging BTC->Cash and vice versa.
I save and withdraw using ruble with payment banks, also I read somewhere that supported this option Bittrex as well.
PS: log into your exchange account and go to the wallet (you find the currency list BTC EUR EURO ETH.
PS: log into your exchange account and go to the wallet (you find the currency list BTC EUR EURO ETH.
Already many exchangers are now in support for cashout in banks and credit cards. such as a luno exchanger or indodax that support for liquefaction inside IDR. My country's currency
for me, i cashout depends on the situation.
usuaily i used escrow to withdraw my bitcoin or ethereum to my FIAT, because the fee cheaper than withdrawal directly from the market.
i used the escrow that have partnership with the market.
usuaily i used escrow to withdraw my bitcoin or ethereum to my FIAT, because the fee cheaper than withdrawal directly from the market.
i used the escrow that have partnership with the market.
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.
Before I cash it out, usually I convert my bitcoin into a peso with the help of the same application which is coins.ph, after I convert it I will click the cashout button on the right side of the screen, I type the amount that I will cash out, and you will receive a codes that you will use and type in an ATM machine.
I used to exchange bitcoins with dollars to someone. He will usually buy my bitcoin with any amount. But of course there is a fee for each exchange.
I think the person who bought my bitcoin he used to invest or gamble.
I think the person who bought my bitcoin he used to invest or gamble.
You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.
Here in the Philippines, we use Coinsph - a bitcoin wallet app used to store your gained bitcoin and do transactions using unique id. When it comes to cash out, this app is supported. But your bitcoin will go through remittance centers like Cebuana Lhuiller before you exchange it to actual cash. Cashing out is quite expensive but convenient enough to convert bitcoin to cash.
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
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.
First of all, welcome to the market. 
You need to learn to read graphics. After investing, you should make money by doing graphical analysis.
Check the market well. There are thousands of crypto moneys.
Win token from bitcointalk style sites. Invest in popular coins while prices are low.
Most important is graphic analysis !!
You need to learn to read graphics. After investing, you should make money by doing graphical analysis.
Check the market well. There are thousands of crypto moneys.
Win token from bitcointalk style sites. Invest in popular coins while prices are low.
Most important is graphic analysis !!
To cash out Bitcoin in my country is very easy like other country I think , almost every country there is local exchange , you can sell your Bitcoin so other crypto like Ethereum and some other to your local fiat money .
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.
In my country there is many bank and you will choose want you want to use but for me i use Cebuana it is a pawnshop.I used it because it is very near to my house but there is a charge in every cash out.
Here in the Philippines, I am thankful that there is a platform we used to cashout bitcoin into fiat directly to our preferred bank or remitance center with no taxes. Now, the implement Ethereum on their platform for less hassle.
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