Topic: How do you withdraw money from Bitcoin? (Read 742 times)
I never sell a large amount of bitcoins just take profits little by little so most of the time I just find a person from my country who wants to buy a small amount of it and wants to pay for it in cash.
I am using sides which give you opportunity to sell it for money, you could find lots of them even on this forum where people asking which one is the best.
You can sell them to people in your country who need it more easily. If your country is on the coinbase list, you can sell it here. If you want to convert $, then many people in this forum can buy them and pay you through paypal or any payment methods you have.
I also wonder if I can use the money to buy bitcoin, but when I want to withdraw bitcoin for dollars, what should I do?
Exchanges or Localbitcoin
I got some local buy nd sell group, calling when u need to buy or sell.
Will suggest some P2P buy nd sell platform like Remitano, choose which country u from nd make some call.
I prefer deal with market directly by instant transfer nd it is better if we can meet each other deal more by cash. hehe
Will suggest some P2P buy nd sell platform like Remitano, choose which country u from nd make some call.
I prefer deal with market directly by instant transfer nd it is better if we can meet each other deal more by cash. hehe
You can easily sell them @ localbitcoins.
How do you withdraw money from Bitcoin?
I guess that with the word 'withdraw' you mean to convert Bitcoin into fiat currency and get it into your bank account, right?
If so, you need to use proper platforms called exchanges. Or you can arrange a deal with some user here: https://bitcointalk.org/index.php?board=53.0
With exchanges that allows bank wire transactions.
You can convert it to cash by selling it through the exchange available in your country. It is not a big issue but there will be a fee for it.
How do you withdraw money from Bitcoin?
I sell my bitcoin and receive payments in my native fiat currency. Sites like localbitcoins is a good place to buy and sell your bitcoins, it's very easy to use when you want to sell your coins.
You could probably send it to a wallet that allows you to convert it to dollars and then cash it out, we have coins.ph here in the philippines which allows us to just convert it instantly and even send it directly to our bank accounts.
If you live in US there are many exchanges were you can transfer to back account.
first i sent my bitcoin to local exchange in my country, then i sell it into real currency. then after the my balance has been comfirmed, i withdraw my money to my bank account. there so many ways to withdraw your btc to real money.
How do you withdraw money from Bitcoin?
I transfer it to my btc address in Coins.ph for now it has a high fee be aware. Then after receiving i will convert it into Peso Philippines currency. Then i will cash out it to my bank account or through cardless as it has no service fee by now.
It's called cashing out Bitcoins and there are multiple ways to do so.
First of all is direct spending Bitcoins for the goods and services and hence you don't have to use your debit/credit card for the purchases so practically you will be cashing out your Bitcoins.
Another one is selling, you can sell your Bitcoins to anyone who is willing to pay you fiat currency for the same. I use Localbitcoins to cash out my Bitcoins due to the multiple advantages of that platform.
First of all is direct spending Bitcoins for the goods and services and hence you don't have to use your debit/credit card for the purchases so practically you will be cashing out your Bitcoins.
Another one is selling, you can sell your Bitcoins to anyone who is willing to pay you fiat currency for the same. I use Localbitcoins to cash out my Bitcoins due to the multiple advantages of that platform.
You may sell it on many exchanges, also there is thread on here so you can sell it on forum but if you try to sell here i strictly recommend you to use an escrow for your safety 
I use CEX.IO website not only that you can withdraw your BTC using skrill , payza account and etc.
i use an app that is connected with bank and bitcoin. when i need to withdraw. i just need to transact with that bank then i can withdraw cash from bitcoin with tax.
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