How to cash out the money from electrum - page 2.

Lida93

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Quote from: goodbed on November 10, 2023, 10:46:53 AM

How to pull out the cash from electrum stored btc anonymously?

it's difficult on how to go about to help you with what you really seeking for as the question seem obscure to relate with in giving a specific solution, from all the comments am reading each comment is delivered standing on how they understood your question. Op why not throw more light to it.

Quote from: Husires on November 10, 2023, 01:11:35 PM

Quote from: goodbed on November 10, 2023, 10:46:53 AM

How to pull out the cash from electrum stored btc anonymously?

write your country in addition to the commission, or download Bisq and search for someone who trades peer-to-peer.
Facebook and Twitter are good options if the amount is small and there is Bitcoin trading activity in your country.
Trade in a public place with small amounts.

Bisq is more suitable to use in this case and not through any social media platforms FB or X as there has turned to a breeding ground for scammers to prey on unfamiliarity and inexperiences of crypto newbies.

Husires

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Quote from: goodbed on November 10, 2023, 10:46:53 AM

How to pull out the cash from electrum stored btc anonymously?

Without specifying your country, it will be difficult to determine the cash, and even in the country. Without specifying the amount, no one will travel from one place to another within the country if the amount is small or the transfer is 1:1.

write your country in addition to the commission, or download Bisq and search for someone who trades peer-to-peer.
Facebook and Twitter are good options if the amount is small and there is Bitcoin trading activity in your country.
Trade in a public place with small amounts.

decodx

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Quote from: goodbed on November 10, 2023, 10:46:53 AM

How to pull out the cash from electrum stored btc anonymously?

I'm guessing your question isn't just about the Electrum wallet. It seems like you're trying to figure out how to swap bitcoin for cash anonymously when crypto is illegal where you live. A few ideas come to mind, but you've gotta be real careful considering those restrictions.

One option is looking into platforms where people trade directly, P2P, they're usually more private, but make sure to find one with a good reputation and follow their guidelines. Whether they're available might depend on where you are though. You could also check out local bitcoin groups where people might wanna make such deals. One thing you have to decide is how you want to receive fiat money in such a trade. If you expect payment to your bank account, then it doesn't make much sense to look for anonymous transaction methods other than P2P. If you expect an exchange for cash, then a meeting with the buyer in person is your only option.

Id just say move slowly and don't take big risks. There are ways to trade under the radar if you're smart. But better be safe than sorry!

Lucius

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What you want (I assume) is to sell your Bitcoin in exchange for cash and do it anonymously - and there are several ways to do it.

1. The first is to find someone who would do it face to face, which is of course risky, but in a public place if you judge that the person is "normal" it can be the best (cheapest) option.

2. Another way is to use one of the DEXs (decentralized crypto exchanges), but payment to your bank account or any other payment processor may mean that your tax office may get access to this information at some point. -> https://kycnot.me/

3. The third option would be to find a crypto ATM that does not have KYC, but you should know that this method is the most expensive because the fees are from 5% and up. -> https://coinatmradar.com/

4. There are online sites that sell various things directly for BTC, so you can buy something and then sell it for cash. -> https://spending-bitcoin.com

Mate2237

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Quote from: goodbed on November 10, 2023, 10:46:53 AM

How to pull out the cash from electrum stored btc anonymously?

Before you open the Electrum wallet app, make you have copied the destination address (the recipient address) and login to the Electrum wallet then click on send, then click on paste then you type the unit of bitcoin you want to send and click pay then the final summary of the transaction fee and the total amount of bitcoin you want to send will appear and if you are satisfied with it then you click pay again then it will go.

And you have to wait for some minutes or hours to be confirmed by the Miners.

goodbed

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How to pull out the cash from electrum stored btc anonymously?

Topic: How to cash out the money from electrum - page 2. (Read 271 times)