How do you guys withdraw your bitcoins to cash? - page 2.

Bren Briones

full member

Activity: 448

Merit: 100

Hi there how are you?

Same with others, I am just new in doing bitcoins. Even though I am just new here, I just want to share what I know. With regards to eithdrawing bitcoin and converting it into cash, first you needed to ttransfer your bitcoin (if it is in thr other account, wallet). Like me, in the Phillippines, we use coins.ph. If bitcoin is in the wallet, I will then convert it into Phillippine Peso (php), then it can be transacted for widthrawals.

YATOGOD666

newbie

Activity: 3

Merit: 0

Apologies for the noob questions guys but what about in Australia.
Having trouble as I have been asked for various ID.

SMSabuj

sr. member

Activity: 602

Merit: 251

I am a professional Web Designer and Developer

In my country, we have created a community for Buying and selling Bitcoin. Some of Bitcoin trader are created this community. And we also exchange Bitcoin with Skrill or Neteller. And then we withdraw the money form our local bank.

StonedWolf

full member

Activity: 308

Merit: 120

Usually I sell the bitcoins needed for my business for a person who want to buy bitcoin. Otherwise in case I do not find anyone who want to buy I just perform the simplest process that is turn them into euro and spend them in whatever I want.

felipe04

full member

Activity: 308

Merit: 100

Here in philippines we have exchanger in our own money so try to search in your country if you dont have try in perpect money theres also a converter for dollar then do it little by little for your safety because if you dont know a lot from anything what you doing you can be made mistake so better to study it first for the safe of your money

Wa Da Fak

member

Activity: 98

Merit: 10

Tell me paid campaign please

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?

Right now im using wallet named coins first i`ll convert it to philippine money and 2nd there are to many ways to encash like bank and gcash here in philippines.

TrueCryptonaire

legendary

Activity: 1092

Merit: 1000

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 use localbitcoins mainly for converting my bitcoins to cash.

Frank0209

sr. member

Activity: 322

Merit: 250

Coinbase is not available in my country too so when I wanna exchange Bitcoin into cash I have to use exchange website in my country like Reminato or VNCEX. Beside I can sell Bitcoin directly to some guys wanna buy it and I often choose this option cause the exchange rate often better than exchange website. For example when Bitcoin price is about 5k7$ at this time but on exchange website they only buy Bitcoin at 5k5$, it's a little bit low so I only sell Bitcoin directly for other people.

Terry05

full member

Activity: 140

Merit: 100

In our country its very convenient to cash out my bitcoin to cash because there's a lot of affiliation partners of my local block chain wallet. aside from that using these wallet you can pay or purchase mobile loads and pay utilities expenses as long as you will use the conversion of the bitcoin to my local currency features of the apps. if you will do cash out and get your money it can be delivered or personally go to the encashment center and get the money as long as you have a valid ID.

flyemirate

newbie

Activity: 13

Merit: 0

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.

Sang04

newbie

Activity: 42

Merit: 0

In our country we have coins.ph that allowed bitcoin transaction and easily convert it to our peso currency.

bitcoinorcash

full member

Activity: 140

Merit: 100

I use the app called coins.ph and it is available in our country the Philippines though it really charge us some but for the fair price.It is a very useful app because it also allows us to pay our bills directly using btc..

zoolz

newbie

Activity: 28

Merit: 0

Localbitcoins like others have suggested is usually a good option. Another good choice is doing direct OTC trades with highly trusted members in the community, this depends on how much you are trading though if it's not to big a some direct OTC can usually be a good choice.

FasTroy

sr. member

Activity: 434

Merit: 250

Quote from: susila_bai on October 14, 2017, 10:04:23 AM

I just use localbitcoins dot com exchange for converting my bitcoins to fiat currency and get payment in my local bank, its very easy as their are many users who are from my local country and ready to buy bitcoins.

Sometimes i use this site to withdraw my bitcoins to cash, It's one of the bestest site according to this exchange services, but in most of cases, I deposit my bitcoin to my neteller account and use it to transfer funds to my friends accounts, and then, they pay me with the local currency.

susila_bai

hero member

Activity: 1260

Merit: 524

I just use localbitcoins dot com exchange for converting my bitcoins to fiat currency and get payment in my local bank, its very easy as their are many users who are from my local country and ready to buy bitcoins.

faceoff97

full member

Activity: 644

Merit: 113

Withdrawal was made possible in our country through money exchange company, and this money exchange is available even in the farthest local place. Another choice would be converting it to a prepaid load which maybe a good choice because it profits from its original price. What makes it easier for us to cash out BTC is that the wallet app we have are partnered with the most knwon and available exchanger (It might be bank or ttransaction that has afordable fee).

ss890

sr. member

Activity: 644

Merit: 263

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?

Dam that's very long way around man. Do you really even get anything in your bank account at the end. Tongue

So many payment gateways and the fees must be killing everything. Just asking I mean. For me it's easy sell and withdraw to bank account with Zebpay wallet. Very good service.

black014

member

Activity: 84

Merit: 10

" SIMPLE BUT HARD WORKER"💪😁

in my country i used coins.ph wallet, i convert my bitcoin to peso, then i requesting a withdrawal to any remitance like cebuana, palawan or bank like security bank.

2hot2handle

full member

Activity: 180

Merit: 100

We have our local exchange here in the Philippines and it gives us so many options on how to withdraw our bitcoin. We can withdraw it directly to our bank or use remittance or use card less atm machine.

grermezter

sr. member

Activity: 434

Merit: 250

There are lots of people who are in the business of buying and the selling of bitcoins in my country, i just go to their website online and send the amount of bitcoins that i want to sell and after three confirmation they send you your money through the method of payment that you selected.

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