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Topic: How do you guys withdraw your bitcoins to cash? - page 11. (Read 8172 times)

full member
Activity: 254
Merit: 100
In my country we use our local exchange we convert our bitcoin there into fiat and then its up to us if we want to withdraw it directly to our bank or use a remmitance or even use a card less atm machine.
hero member
Activity: 1176
Merit: 509
We have a local wallet in our country wherein you can cash out your Bitcoin via money remittance centers. There are also other options like directly cashing it out to your bank accounts. Aside from that, you can also cash out your Bitcoin in cardless withdrawal in some ATMs. They will only provide you a code and you need to input it on the ATM.
full member
Activity: 462
Merit: 100
Here in the Philippines, we have this online wallet like Coins.ph. its job is to store your bitcoin. You can play with it in trading or you can cash out by converting bitcoin into cash. From there you can get your cash through authorized banks or like in Philippine seting there are certain pawnshops or remittance centers in which you can claim your cash.all you need to so is to specify where you will claim it.
full member
Activity: 518
Merit: 101
I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?
Here in our country there are banks that accept bitcoins and can be withdrawn through their ATM machines. Some like me I will withdraw my bitcoins through coins.ph and after coins.ph cash through the bank and after few hours can be withdrawn through my ATM.
sr. member
Activity: 468
Merit: 250
I often sell bitcoin directly to users who need it, so I can convert bitcoin to cash or bank transfer, I'm happy because many friends who use bitcoin so we often sell and buy bitcoin directly. besides, I also use exchanger to get cash.
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
First, i send my bitcoin to my exchange wallet a Bitcoin wallet, and the other one is Peso wallet which directly converts the bitcoin you sent to cash based on the realtime price of bitcoin on that exchange after that I convert it into cash (if i sent that on my bitcoin wallet) and cash it out on different medium like banks and pawnshop merchants or money transfer merchants.

Same here, my bitcoin wallet has already the option to exchange it to our local currency then, we will just claim it through remittance center via wire transfer.   So I guess it is better to find bitcoin wallet that directly support your local currency or atleast has an option to exchange right away to your local currency.  That way, you can do transaction with ease...

Here in my country, We do have an online bitcoin exchange, it's pretty famous and that is coins.ph. In coins.ph it offers two kinds of wallet. First kind is the "PESO WALLET" which is your wallet for the cash that you cash in, the wallet is also after you converted your bitcoins into cash, this wallet is also used as the source of payment on buying Bitcoin, next is "BITCOIN WALLET" where your bitcoins is stored.
The withdrawing process from bitcoins to cash is pretty easy. First you convert your Bitcoins to cash on the exchange and wait for it to be added on the "PESO WALLET" , after successfully conversion, you can cash out your money on "PESO WALLET" into different options, the famous one is the Bank Transfer, all options have their own processing time, I think the minimum is 24 hours of processing time.

I think we are all talking about Coins.ph? am i right? , If i am right then, Coins.PH is really awesome, It's effecient and easy to use as an exchange and they do have a lot of partners, their effort to give customer a good experience is really admirable.
sr. member
Activity: 322
Merit: 252
Here in my country, We do have an online bitcoin exchange, it's pretty famous and that is coins.ph. In coins.ph it offers two kinds of wallet. First kind is the "PESO WALLET" which is your wallet for the cash that you cash in, the wallet is also after you converted your bitcoins into cash, this wallet is also used as the source of payment on buying Bitcoin, next is "BITCOIN WALLET" where your bitcoins is stored.
The withdrawing process from bitcoins to cash is pretty easy. First you convert your Bitcoins to cash on the exchange and wait for it to be added on the "PESO WALLET" , after successfully conversion, you can cash out your money on "PESO WALLET" into different options, the famous one is the Bank Transfer, all options have their own processing time, I think the minimum is 24 hours of processing time.
full member
Activity: 224
Merit: 100
I will do wonder for YOU!!!
First, i send my bitcoin to my exchange wallet a Bitcoin wallet, and the other one is Peso wallet which directly converts the bitcoin you sent to cash based on the realtime price of bitcoin on that exchange after that I convert it into cash (if i sent that on my bitcoin wallet) and cash it out on different medium like banks and pawnshop merchants or money transfer merchants.

Same here, my bitcoin wallet has already the option to exchange it to our local currency then, we will just claim it through remittance center via wire transfer.   So I guess it is better to find bitcoin wallet that directly support your local currency or atleast has an option to exchange right away to your local currency.  That way, you can do transaction with ease...
full member
Activity: 210
Merit: 100
busy in real life, long post gap is understandable
First, i send my bitcoin to my exchange wallet a Bitcoin wallet, and the other one is Peso wallet which directly converts the bitcoin you sent to cash based on the realtime price of bitcoin on that exchange after that I convert it into cash (if i sent that on my bitcoin wallet) and cash it out on different medium like banks and pawnshop merchants or money transfer merchants.
sr. member
Activity: 616
Merit: 252
I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

I am lucky I live in a country where I can immediately transfer my bitcoin to my bank account but it is not coinbase. There is a local base platform that I can use to transfer bitcoin to any bank account (even if it's not mine) or to any money exchanger companies. There is also an option of mobile recharge so anytime I can just charge my mobile and there is also an option of paying some utility bills or tuition fees.
sr. member
Activity: 630
Merit: 251
I just use the exchanger to withdraw my bitcoin, so from the web wallet then I transfer to the exchanger and I sell and automatically sent in my bank account. until now I've sold a lot of bitcoin and I can use to buy the goods I want.
full member
Activity: 168
Merit: 100
I always withdraw to another digital bank like neteller or payoneer, after i withdraw withdraw it to my local bank. A lot of fees but i don't have choices.
full member
Activity: 133
Merit: 100
BELUGA PAY. Complete Mobile Point of Sale System
I sell it to local traders i know personally.
sr. member
Activity: 476
Merit: 250
I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

We have this app called coins.ph, but it only works here in our county. With just a couple of taps we can withdraw our bitcoins in an atm machines. Because we have a bank who accept bitcoins in exchange in cashor real money. With that we can easily buy things whatever we want. Actually there are a lot of ways to cashed aout our bitcoins here. But those other ways have fees and it depends on how much you will withdraw. The higher the value the higher the fee it will be. So we always do it in a bank even without a card we can easily withdraw our money from it.
full member
Activity: 756
Merit: 102
I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

in my  case i use a local wallet ( coins.ph walllet ) and i mostly choose cash pickup option to withdraw my money straight from my btc wallet to any money remmitance center and pawnshops. also our local wallet has many different cashing out options like bank transfer, atm withdraw ( cashless ), cash delivery,  etc.
newbie
Activity: 42
Merit: 0
I sell it for local buyer from bitcoin wallet or exchange it to payoneer in paxful and i withdraw it from atm. I think you can do this anywhere.
full member
Activity: 238
Merit: 100
I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?
In our country, the wallets we are using to be our storage for our bitcoin has already its feature of having both our national currency and bitcoin cryptocurrency. But upon withdrawing it into fiat, we do not even need to transfer it out into our national currency since we can directly withdraw it into a partner bank through e-cash feature in which we do not need any ATM cards. Just a 16 digit code which is sent via text message and another 4 digit code for e-cash confirmation.
full member
Activity: 210
Merit: 117
I think there are so many ways to attract it, as my friends did, it's just that I do most of the same as mentioned above, like selling it to local Bitcoin and go to each ATM  Smiley  Wink  Cheesy  Grin
I Withdraw my bitcoin through bank or other remittance center here in my country. Since bitcoin is very easy to make a cash here in our country i just keep some of my extra money in bitcoin to generate income than keeping into my wallet. Then i withdrew it when i need a cash.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Withdrawer depend on your country of residence,most countrues have local exchange and site that BTC cna be sold and convert to fiat, I use remitano.com
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
so far i am using third party when I want to withdraw my bitcoin to cash. I am using my friend services as his job is local exchange for helping his friends to buy or sell their bitcoin to him. but if he is offline, sometimes I use localbitcoin and search recommended seller and after we're deal then I sending my bitcoin to him and he transfer me the money.
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