Topic: How do you guys withdraw your bitcoins to cash? - page 18. (Read 8172 times)
Currently im part of a big group at the country where i do live, we do p2p without exchanges fees into the middle and always amazing prices, since there is a trusted group we do trade between bank accounts, and well soo far no one has lost any money doing those. I do believe this is the future, be able to trade without need any exchange service to trade, because makes no sense pay always a fee for anything you wanna to do with your coins. I do understand why the fees is present, but as long you build a strong group at the same country you will realize that you can keep trading and maximize your trades.
I have not actually in person sell my coins, but I have seen someone sell his coins. And I saw Bittrex and localbitcoin as the major sites used by this person for a successful transactions.
If I have to sell my bitcoins then I always choose to do it on localbitcoins as for my country that is the best place to sell bitcoins but I never sold my bitcoins for cash and prefer to get fiat money directly transfer into my bank account and the credits are instant without any fear of loosing money and even I don't have to disclose any id proof of it the only thing I need to give is my bank details and everything is done.
I'm using a wallet/semi exchange (Philippine peso to Bitcoin) called Coins.PH. It's regulated by our goverment here in the philippines there is a daily limit and yearly limit. It's convenient for us Filipinos here.
I am using the same site and had been using it eversince. I got no problem with their service.
Most of us use a third party exchange in order to convert BTC into local fiat. It is not that hard, we just need to register on that site and comply with all the requirement that exchange is asking. For example in our country, using coins.ph, we have to submit our valid ID and a selfie together with the proof of billing for the house address verification. When all is setup, we just need to fill up the form of the amount we need to convert and where we would like to get it (bank or remittance), then after that we will be asked to deposit the amount of bitcoin to the address, then it is done. The process for those account that have already deposited bitcoin in the site's wallet is much easier.
Coinbase also is not supported in my country so I did not cashout also. But other country who are luckybecause the cashout option is available to them. But thanks to my country wallet the philippines wallet or the asias wallet it is coins.ph I can cashout my bitcoin direct to my bank because of this and this wallet have cashout option the payout is instant you can request cashout to bank calles cardless atm and you can withdraw instantly.
I do not know anything about coinbase. But I very well know coins.ph. The first time I learned about it, it is love at first sight because it has so many things to offer. From loading your phone, pay your bills, and even buying and selling bitcoin. You can all do this with just a click.
I'm using a wallet/semi exchange (Philippine peso to Bitcoin) called Coins.PH. It's regulated by our goverment here in the philippines there is a daily limit and yearly limit. It's convenient for us Filipinos here.
Coinbase also is not supported in my country so I did not cashout also. But other country who are luckybecause the cashout option is available to them. But thanks to my country wallet the philippines wallet or the asias wallet it is coins.ph I can cashout my bitcoin direct to my bank because of this and this wallet have cashout option the payout is instant you can request cashout to bank calles cardless atm and you can withdraw instantly.
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?
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 not too often withdraw my bitcoins from my address to local website but i use my friend service because he gives exchange services for us so its really help me and other friends. i send my balance to him and then he send me the money directly to my bank account. so far, i am really satisfy with his service.
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?
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 mostly use localbitcoin website to withdraw my bitcoin to my bank account. Localbitcoin provides an excellent platform to cash out the bitcoin using the local trading service. It also has built in escrow service so that you don't get scammed.
You have to find a trader in your country and ask for a trade. Once you initiate the trade, the bitcoin goes in to the escrow account. You can release the fund once your receive the money in your bank account. Otherwise, it will come back to you.
The majority of the reply are very vague: "In my country", "my provider", "my friend", "my grandma", "low fees"...
If you could please be more specific with details. The community would benefit from your feedback and experience with the service you use.
If you could please be more specific with details. The community would benefit from your feedback and experience with the service you use.
I'm using an online wallet which is available only in our country and that is where I'm transferring my Bitcoin. My online wallet has different options wherein you can cash out your Bitcoin. You can cash it out via money remittance centers. You can send withdraw it to any Bitcoin ATM. And you can send it directly to your bank accounts. I suggest you look for a local online wallet in your country.
What is that wallet by the way?
I'm using localbitcoins web site to sell my bitcoin if I want to cash it out, but, generally, I never cash my bitcoins out. I try to get as much as possible. In Nort America, USA and Canada, there are lots of ATM machines. My friends are using those and they're satisfied.
i usually use localbitcoins to directly convert btc to cash in my bank account.
Here in our country we have this application in our phone coins.ph. In here we can send coins to everyone that's if they've given their Bitcoin address. We can also receive coins from them. We can pay bills using coins. It is much more convenient than going to billing centers. We can also buy load through this. We can also the conversion of bitcoin to our currency. And it has a history of my transactions. In conversion we convert bitcoin to our currency and we cash it out. It is very convenient to use this application and this bitcoin.
Also, we can exchange btc automatically and transfer it to our or any bank account. Or, we may have it cashed out and we may receive this cash through remittance centers or cardless ATMs. This local exchange wallet allows us to exchange bitcoin to our local currency easily, without having to transfer from wallet to wallet, or a different exchange. I heard that two new cryptocurrency exchanges will open up soon so this would add up to our options for us filipinos.
In my country you can withdraw cash using money sender or some branches.
localbitcoin or send advcash. than send advcash plastic card and go atm, it has very low withdraw fees.
I'm using an online wallet which is available only in our country and that is where I'm transferring my Bitcoin. My online wallet has different options wherein you can cash out your Bitcoin. You can cash it out via money remittance centers. You can send withdraw it to any Bitcoin ATM. And you can send it directly to your bank accounts. I suggest you look for a local online wallet in your country.
Luckily there is coins.ph in our country. It makes exchanging bitcoin into local currency easy and withdrawing it a breeze.We can choose from instant cash to bank deposits.
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?
If you wanted to withdraw your bitcoin from your bitcoin sallet first you need to put your bitcoin in a bitcoin wallet where it is supported in your country where you can cashout your bitcoin in that wsllet you can exchange your bitcoin for a cash. 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 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 used to withdraw my Bitcoin through exchangers too but I prefer to withdraw on security banks branches on my country here in the Philippines.I choose the Security Bank as a company of withdrawing my Btc it is because they are credible enough,proven and tested based on their way to keep my wealth safe by all means of criminal possibilities. 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?
Cashing out my bitcoins is easy when it comes to my country. It is all in the wallet I'm using, first I have to convert it to our local currency then I can easily choose how I will withdraw, its either through banks, atm or remittance. The only problem is some of the transaction fees are expensive.
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