How do you guys withdraw your bitcoins to cash? - page 13.

Mcdacillo

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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?

My classmates withdraw only in security banks or the ATM's machine. If your coins is not verified, they just send it to my other classmates and tell them to withdraw.

the rise

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my country has one crypto exchanges market that has office and licensing rights, i'm not too hard to connect bitcoin with fiat every day and it's helpful even though my government's attitude has not legalized bitcoin, besides there are some local exchange that only connect from website with transaction rate balanced to convert to a conventional bank.

rebel92

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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?

You can use Bitcoin Debit Card of any famous wallet have it to withraw cash from ATM Cash Mashines, Online Shopping, in stires, restaurants or anywhere else in the world that accepts VISA as a payment method.

emezh10

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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 here in our country, we have been using a certain wallet account in which we have a free converter of bitcoin to our national currency in which we can have it cash out only into a specific bank and some business franchise that offers bitcoin operation service so that we can turn our virtual money into fiat. They are just going to send a 16 digit code into our mobile number and 4 digit e-cash code for verification that we are the only one knowing how and where to cash out our own money.

phr0stbyt3

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I use tether it is a stable coin who's price remains around 1$ you can add funds to it from your bank and even withdraw funds to your bank they do require lot of verification process like selfie with id , your id , your address verification but it is worth they only take 20$ fees for all deposits and withdrawals for me withdrawals get's processed in 3 days max

pambud

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Here in my country Indonesia we have some local exchanger , that why not too hard to change my bitcoin in to our local fiat money , even we can change BCH ,ETH and ETC too.

Crafts12

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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 country I withdraw it through the used of our wallet and that is coins.ph. I just first convert it into philippine peso and then I can now withdraw it in any bank eventhough I doesnt have card. But I can also use card if the atm bank that I chose to withdraw need it.

buharikx31

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In different countries people use exchange cryptocurrency websites to withdraw cryptocurrency to cash one of the general sites localbitcoins where you can find for different country methods of withdrawing cash and always to debit cards

darkangel11

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I'm withdrawing directly through ATMs. Some exchanges will allow you to do it, at least in the EU. It's much better than using bank accounts as it's much harder to trace and you're not getting online account balance, but cash. I'm also trying to withdraw as little as possible to my bank account to avoid big brother Wink

freedomsr40

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I have Cryptopay and localbitcoin to for this moment, and they serve me well up till now. As you can tell I don't have big amount so it's enough.

If you are planning big amount then first find a local advisor about tax - it's very important.

Celebrity

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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?

When I was in New York, I used the bitcoin ATM located in the several places of the city. They have crazy fee, but they pay you in pure cash which is great for us.

MMA

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Quote from: Lenzie on August 30, 2017, 11:59:02 PM

In the Philippines cashing out fiat from btc can only be done using coins.ph wallet where you can choose a lot of different method. Coinbase is working here for jjst storing btc and eth and not for trading and cashing out. Apparntly I think there is a new available wallet that has been a potential competitor of coins.ph but still it is under sone development for the meantime.
Anyway has anyone herw tried using wirex?

In my county if someone has to withdraw his bitcoin, he will have to change it in dollars and then he can withdraw dollars from his account. I think this is the main problem for different currencies to be cashed and used. Instead of manycurrencies if there is one currency like bitcoin digital currency, then there will be no tension to withdraw and change the currency into your local one and while going outside of the country into their currency.

0t3p0t

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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 do withdraw my Bitcoins in local exchanges here in my country. From my wallet with private keys I will transfer it into local exchanges wallet and then send it through remittance since it is the only choice available in my area. I think Bitcoin transfered to those who has bank accounts is instant but I am not sure because I don't have bank account. I am just a less fortunate person and also living in rural area that's why banks are inaccessible. There are atm's but also comes with high fees.

johnwest

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I always cashed out fiat through my trader. The exchanges in my locality ask too much of information, I have sold some and cashed out in exchanges too but they take quite some time to send fiat. The best is to buy stuff with my crypto and thats the best way to use them.

heppot

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many exchanger market or even trust person in my country to change bitcoin to cash (idr/ indonesian rupiah). so im not too hard looking for exchange my bitcoin to cash. thanks vip bitcoin dot co dot id, luno, coins id for exchange btc-idr, eth-idr, even etc-idr.

Obito

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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 the Philippines we have a online wallet called "coins.ph" wherein we could easily cash out our bitcoins through banks. Coins.ph has a lot of features like you could buy load, pay your electric bills and many things. Hence, having a kind of wallets here in my country is very convinient and helpful.

Magkirap

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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?

Well, I think there are many ways to withdraw your bitcoin into fiat. Furthermore, you can withdraw your bitcoin through ATM and I think there are already bitcoin ATM that you could withdraw your bitcoin instantly. I also withdraw my bitcoin but the first thing that you need to is to convert it into fiat and then you can withdraw it easily.

Pleione527

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I am using coins.ph it is very convenient to use I can convert my bitcoin into cash without any transaction fees aside from that I can use it directly to do fund transfer selling prepaid load, paying bills and shopping on-line. With this kind of wallet that we have in our country using bitcoin is as easy as swipping your atm or credit card.

Yatsan

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Quote from: Lenzie on August 30, 2017, 11:59:02 PM

In the Philippines cashing out fiat from btc can only be done using coins.ph wallet where you can choose a lot of different method. Coinbase is working here for jjst storing btc and eth and not for trading and cashing out. Apparntly I think there is a new available wallet that has been a potential competitor of coins.ph but still it is under sone development for the meantime.
Anyway has anyone herw tried using wirex?

I am also using the coins.ph and I can say that the coins.ph is a very good company and application for cashing out your bitcoin you can transfer it to bank or directly get it too the ATM machine. But the stuff of coins.ph is a very slow to work and I think that is the only thing that I didn't like to them. I am a Filipino and I can say bitcoin economy here in our country is pretty awesome.

Scavagers

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Quote from: yishak on August 26, 2017, 09:35:01 AM

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 country there is an application named "coins.ph", it is a wallet where you can cash out money through various banks. You just need to convert your bitcoin to how much cash you want. Then choose a bank then you will receive a message on the transaction then you can have your money. But very first you should verify your account to use it properly and legally.

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