Topic: How do you convert BTC to USD, EUR or YUAN for profit? - page 2. (Read 891 times)
I prefer localbitcoins because there I have trusted trader and I can exchange Bitcoins for a convenient rate on fast and easy way with no much troubles. Before I have used exchangers but when I discovered localbitcoins I don't use them anymore. You can also try with users here on forum but that is risky and unreliabe.
Right after a huge increase in BTC price, some daily traders are tempted to convert BTC to local FIAT currency to make a profit.
There are many ways to do this, depending on your country of residence.
You can use either a Bitcoin debit card or a direct Bitcoin transfer to your local bank account. If you are in Europe you can use BITWALA
or Cashila for example, to convert from BTC to EUR and withdraw from your local bank account with your bank debit card.
You can also use the e-coin (or wirex) web terminal to convert from BTC to EUR and withdraw EUR with your e-coin or Xapo Bitcoin debit
card at any local ATM.
Whether you are in USA, Asia, Europe, Arabia, India, Africa, etc. which digital payment processor do you prefer, and why?
Most people won't choose either of those options. There are many reputable exchanges (well, who knows, they could Gox everyone someday but as reputable as they could get) which would do the transfer and make it a lot easier. You don't have to go through a long process with debit cards to withdraw Bitcoin into fiat.There are many ways to do this, depending on your country of residence.
You can use either a Bitcoin debit card or a direct Bitcoin transfer to your local bank account. If you are in Europe you can use BITWALA
or Cashila for example, to convert from BTC to EUR and withdraw from your local bank account with your bank debit card.
You can also use the e-coin (or wirex) web terminal to convert from BTC to EUR and withdraw EUR with your e-coin or Xapo Bitcoin debit
card at any local ATM.
Whether you are in USA, Asia, Europe, Arabia, India, Africa, etc. which digital payment processor do you prefer, and why?
Actually for small trades which I do now my preferred way of doing it is not to withdraw for fiat at all, but to put it into USD Tether on Poloniex and withdraw that to a Tether wallet, so that I have a fairly stable currency without having to go through the complicated process of switching between Bitcoin and fiat. You also don't have to confirm your ID this way.
You can also exchange P2P instead of using an exchanging service - through LocalBitcoins is a great way, especially if you need to stay anonymous and you want to properly take your money out of Bitcoin instead of just doing a short-term trade.
You can allways find a site where they exchange bitcoin to usd ..,,
or you can trade or sell your bitcoin for usd
The second way is through an online exchange, where your trade is with the exchange rather than another individual.The second way is through an online exchange, where your trade is with the exchange rather than another individual.
Find sites On these sites, you will usually have to register as a seller. This involves verifying your identity, which we will discuss again later. Once you have registered, you can post an offer, signalling that you want to sell, and the website will alert you when a buyer wants to trade with you. From there, your interaction is solely with the buyer, but you use the website to complete your trade.
Selling bitcoin in person can, in many ways, be the easiest way to pass on your digital currency. Simply scanning a QR code on another person's phone and accepting cash-in-hand is about as easy as a bitcoin transaction can get.
or you can trade or sell your bitcoin for usd
The second way is through an online exchange, where your trade is with the exchange rather than another individual.The second way is through an online exchange, where your trade is with the exchange rather than another individual.
Find sites On these sites, you will usually have to register as a seller. This involves verifying your identity, which we will discuss again later. Once you have registered, you can post an offer, signalling that you want to sell, and the website will alert you when a buyer wants to trade with you. From there, your interaction is solely with the buyer, but you use the website to complete your trade.
Selling bitcoin in person can, in many ways, be the easiest way to pass on your digital currency. Simply scanning a QR code on another person's phone and accepting cash-in-hand is about as easy as a bitcoin transaction can get.
Right after a huge increase in BTC price, some daily traders are tempted to convert BTC to local FIAT currency to make a profit.
There are many ways to do this, depending on your country of residence.
You can use either a Bitcoin debit card or a direct Bitcoin transfer to your local bank account. If you are in Europe you can use BITWALA
or Cashila for example, to convert from BTC to EUR and withdraw from your local bank account with your bank debit card.
You can also use the e-coin (or wirex) web terminal to convert from BTC to EUR and withdraw EUR with your e-coin or Xapo Bitcoin debit
card at any local ATM.
Whether you are in USA, Asia, Europe, Arabia, India, Africa, etc. which digital payment processor do you prefer, and why?
There are many ways to do this, depending on your country of residence.
You can use either a Bitcoin debit card or a direct Bitcoin transfer to your local bank account. If you are in Europe you can use BITWALA
or Cashila for example, to convert from BTC to EUR and withdraw from your local bank account with your bank debit card.
You can also use the e-coin (or wirex) web terminal to convert from BTC to EUR and withdraw EUR with your e-coin or Xapo Bitcoin debit
card at any local ATM.
Whether you are in USA, Asia, Europe, Arabia, India, Africa, etc. which digital payment processor do you prefer, and why?
Jump to: