How do you guys withdraw your bitcoins to cash? - page 22.

Xester

hero member

Activity: 994

Merit: 544

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 have an online wallet that allows me to withdraw my bitcoins in every possible way I can. I can withdraw it on cash remittances center. Even withdrawing at atm is possible. Since my wallet are connected with other agency, I can pay my bills through bitcoin. I will ask my boyfriend to let me pay his bills and then I will be able to have his cash and at the same time, paid his debts.

Vendetta666

full member

Activity: 406

Merit: 100

It's hard to just let your bitcoins be released. Good and I'm here in the Philippines here in my country it's very easy to withdraw and deposit because it's legal with us. Just like withdrawing directly to bank accounts and remittances. Atm and many other ways.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

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 may consider opening a bank account in another country, as going through several exchanges (payza, then payoneer) means paying several fees.

tleilaxu_eyes

full member

Activity: 145

Merit: 100

Haven't done it yet. Why sell something that's under valued?

Hasbro27

full member

Activity: 378

Merit: 100

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?

How to withdraw each country is different, if I could withdraw in bitcoin.co.id and can directly transfer to my bank account.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I usually try to spend my Bitcoins without converting it in fiat but since we don't have that market environment to spend Bitcoins directly against good or services, I have to convert it to my local fiat currency.

I usually go with Localbitcoins because there is always a competition going on among the traders to give best possible rates to the sellers/buyers so in most of the cases I find it value for money (and sometimes value added returns) for the trades I do through that platform. It hardly takes maximum 30 minutes to complete any transaction for me.

mobnepal

legendary

Activity: 1218

Merit: 1006

I have a plastic bitcoin debit card from cryptopay.me and I can use that to easily cashout bitcoin to my local fiat with any nearby ATM but I am not doing that too often. Most of the time I sell my bitcoins directly to Nepali buyers through social media and personal contact. There is no any official exchange platform for bitcoin here and legal status of bitcoin/crypto is confusing, so no any international trading platform allows us to buy/sell bitcoin.

Armstand

hero member

Activity: 626

Merit: 500

Quote from: Yakamoto on August 26, 2017, 10:45:57 AM

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 a local exchange which allows for a wide variety of different withdraw options, but most of the time I just ask for a deposit into my bank account or I ask for a transfer to another account of a similar manner. Then again, I rarely withdraw any money from exchanges because there is a lot more money to be made by making various trades on exchanges that offer either fiat/BTC or BTC/alt markets. I've withdrawn maybe 4 or 5 times in the past, and they were never massive amounts.

It's quite hard now to deposit on exchanges. So I always make it to a pont that whenever I have some earnings or when I deposited some amounts for btc then when it pumps. I converted some then just cash it out through bsnks when needed. It's much easier to cashout through sending at our bank accounts.

mondobitcoin

full member

Activity: 686

Merit: 100

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 favorite service is LocalBitcoin , i sell my bitcoin and i receive payment direct to my credit card
Maybe you need to try it, there are many way for sell your bitcoin with LocalBitcoin

YuginKadoya

legendary

Activity: 3038

Merit: 1169

In my country I am using a wallet that has many options in exchanging or withdrawing my bitcoin into Fiat money There are a Cardless ATM instant payout on a specific bank, there are pawnshop that accept pickup directly your money that instantly turn your bitcoin into Fiat, there are Sim card phone wallet that can exchange to specific load, you can withdraw and get transaction on the specific bank that accept bitcoin, and lastly you can make a delivery from your door step the amount of money that you have withdraw, well there are a lot to choose from but I listed the things that I already have used.

Rebisco

full member

Activity: 651

Merit: 103

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 we have a app which is coins.ph. We can easily convert bitcoin in to Philippines peso and there is a lot of ways for us to cash out our bitcoins. It is really good for us because we can easily cash out our bitcoins.

Yakamoto

legendary

Activity: 1218

Merit: 1007

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 a local exchange which allows for a wide variety of different withdraw options, but most of the time I just ask for a deposit into my bank account or I ask for a transfer to another account of a similar manner. Then again, I rarely withdraw any money from exchanges because there is a lot more money to be made by making various trades on exchanges that offer either fiat/BTC or BTC/alt markets. I've withdrawn maybe 4 or 5 times in the past, and they were never massive amounts.

aakashsangwan

hero member

Activity: 994

Merit: 1000

PUGG.io

I live in India and in here there is an app called zebpay which I use to convert my bitcoins into cash, by selling my coins on the app the cash is transferred to my bank account and then I withdraw them using atm.

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

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?

Which country are you in? There are lots of local exchanges for example Bitcoin Indonesia which trades bitcoin directly for the rupiah which you can withdraw to your bank account.

Alternatively, look for a bitcoin ATM that allows you to sell bitcoin for cash. Here is a list of bitcon atms around the world:

https://coinatmradar.com/countries/

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

That seems to be tedious.and time consuming too. Good thing I can withdraw easily by having it deposited on my bank account the next day or have me withdraw it in the nearest ATM. The service is coins.ph and is currently regulated by our Central Bank, an assurance that somehow we aren't going to be Goxxed in any way.

oegarod

sr. member

Activity: 602

Merit: 252

Till now what I have earned from signature campaign and other faucets were into the wallet. I have not withdrawn or converted it to cash. Decided to keep hold of it till earning a bigger amount as that I've into the wallet is quite low.

hyunee

full member

Activity: 476

Merit: 100

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.

nmaryrai

sr. member

Activity: 490

Merit: 250

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

rodel caling

full member

Activity: 952

Merit: 104

i withdraw my bitcoin use the local online wallet here in my country from bitcoin i convert to cash from local currency, its big help for and for my family to easy use cash exchange transaction tu buy the daily needs expenses, thank you bitcoin as my source of income.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

I only use local cryptocurrency exchange (bitcoin.co.id) since they can withdraw to various local banks and the verification is very easy/fast compared with popular/international exchange such as Bitfinex or Coinbase.
But as far as i know, many local exchange service in various country offer instant buy/sell bitcoin with unfair rate/hidden fees. I think that's the easiest option.

If i can't withdraw my bitcoin, i would use my bitcoin instead Roll Eyes

Topic: How do you guys withdraw your bitcoins to cash? - page 22. (Read 8172 times)