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Topic: How do you guys withdraw your bitcoins to cash? - page 21. (Read 8172 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Whenever I convert my BTC to fiat, I use either one of the following two methods:

LocalBitcoins: I convert my BTC, and either get local bank deposit or credit in my PayTM account
BTC Debit Card: I am having a debit card which can be loaded with BTC. The fiat cash can be withdrawn from any ATM.
hero member
Activity: 966
Merit: 500
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 usually use the services of a famous site in my country. His name is triv. We can directly convert our bitcoin there and transfer it to our bank account.
full member
Activity: 459
Merit: 104
I am withdrawing the bitcoins that I have into my Skrill account. One of the possibilities to get money into the account is through bitcoin. Skrill is nearly as big as PayPal is, and they give you (if you are in Europe) a Credit Card. Their fees are almost inexistent and you get the money into your account very fast. 
sr. member
Activity: 420
Merit: 256
اللعنة
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?
That depends on the place/region/country where someone is using btc. Some countries accept encashment of BTC through remittance centers (which I use when withdrawing btc into cash). The official android application of our btc wallet also offers different ways of encashments like GCASH, remittance pick-up, and bank.
sr. member
Activity: 448
Merit: 250
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Well it is so easy, i just look for a local exchange or anybody who does exchange in my country, and i contact him and try to sell him the btc for local money.
If i need the money asap, i just use some of the websites that convert your btc to local money, but they charge at least 10% of fees, that kills me, but it is instant.
So it is not difficult to convert btc to cash, you only have to look for the best way for doing it.
full member
Activity: 406
Merit: 102
In my country, the wallet is having features for cash out of BTC. It may be directly or easily converted to fiat via
Cebuana, or banks
If you wanted a small business, try load retailing, you yourself can convert your own BTc to fiat.( I have tried it)
I haven't done going to banks, my friend if offering me to trade my Btc to fiat.. If I wanted to convert my BTC to fiat I will just contact him..
sr. member
Activity: 348
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?

This is very easy, in my country, there are a few sites to buy and sell bitcoin, here, we can buy in cash, it's like a reputable intermediary system, and it does not. Managed by the government or banks.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
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 have tried a method like yours to go through a fiat payment processor and then to my bank but that costs a lot more fees that i am willing to pay. the withdrawal fees were also increased in the exchange that i was using so that is never going to be profitable.

now i find someone on localbitcoins or a similar place to sell bitcoin to. of course by now i have someone who i am always selling to and i get a much better deal than the other method.
member
Activity: 98
Merit: 10
there are my wallet right now that can transfer your btc to your bank account. in different country there are different apps that offer same thing you just need to search the web. I use coins.ph and it have a feature that can will convert and transfer your btc directly in your bank acount and withdraw it using atm
sr. member
Activity: 602
Merit: 252
For smaller amounts, I prefer cashing out by bank transfer through Zebpay/Unocoin (stupid rates). For bigger amounts, I search for a buyer who I deem trusted from a couple of Facebook groups or even lbtc and sell to them for a decent rate.
sr. member
Activity: 532
Merit: 257
A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE
I cash out my btc direct to my bank account. Thanks my btc wallet which is coins.ph has this feature to easily convert btc to cold cash and vice versa.
sr. member
Activity: 434
Merit: 250
in my country there are already people who set up bitcoin companies change to money buy bitcoin easily in my country of almost 3 exchanges that receive bitcoin the person now has 10 men to become his employee
Wow, sounds good about the future of Bitcoin. I hope in future, Bitcoin can do that in anywhere like your said. This is big change for the road growth of Bitcoin and for user like me.
full member
Activity: 252
Merit: 100
In my case, Liquidity always takes part with 3rd parties that are partnered with a bank. So it's like you're exchanging them your bitcoins to fiat. It is inconvenient to do P2P at least in my case. But I would be glad to do P2P when it is convenient to do so.
sr. member
Activity: 644
Merit: 299
Apart from coinbase, there are some other exchanges that allows you to withdraw into your account, most especially P2P ones. For example, LUNO allows you to link your bank debit/credit card to your luno account to enable you withdraw directly. Also, remitano is another secured P2P exchange site which links up sellers and buyers of bitcoin in your local currency using an escrow method. I have heard of other services like localbitcoins.com, I haven't tried them anyway, but I know some people who have. Just make sure you check the buyer's history first. Cheers!
sr. member
Activity: 1316
Merit: 257
in my country there are already people who set up bitcoin companies change to money buy bitcoin easily in my country of almost 3 exchanges that receive bitcoin the person now has 10 men to become his employee
legendary
Activity: 2618
Merit: 1105
Go Cash by using Localbitcoins because they are available in more than 120 countries with over 1 million users using it daily.
The way you do it is very expensive because these e-currencies charge very high forex fees as well as withdrawal processing fees.
It would be great if you could share where do you live and we could help you out.
I personally use Coinbase as it is the best option currently for me.
newbie
Activity: 18
Merit: 0
I am using Coinbase or TenX card to cash out
jr. member
Activity: 54
Merit: 10
There was an app called zebpay in this app we sell the bitcoin and convert into cash and come in my account and I withdraw it with my atm and use it for my purpose
legendary
Activity: 1918
Merit: 1728
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?

Can you tell which country you live in, it is very easy to withdraw Bitcoin to bank account in cash in several countries. Coinbase is global exchange but there are several local exchange dedicated to fiat of one country like Zebpay, Unocoin, etc in India.
I easily withdraw Bitcoin to my bank account using these exchanges. Better you look up for such exchange in your country if available.
sr. member
Activity: 812
Merit: 262
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 think every country has it own way of cashing it out your money from bitcoin into cash. Me as a filipino i withdraw my bitcoin with the help of  coins.ph. Ill convert it first into fiat or philippine money then i cash it out to any bank that is available. By that I get my bitcoin and I can now used it to buy things that I want. By the way it is cardless so its more easy for us filipino when we withdraw our money.
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