Topic: How To Convert Bitcoin To Hard Cash - page 3. (Read 402 times)
Consider finding some BTC exchanger near in your place, I can't exactly tell you what to do because we're not in the same country or consider hodling it for now until your place will be putting BTC exchanger.
If your country bans bitcoin transactions, there are only two ways you can exchange legal money.
The first is to find buyers in private, in private transactions in bitcoin, but may face the problem of receiving black money.
The second is to go to another country, exchange it for USD, and change it into legal tender in your country.
The first is to find buyers in private, in private transactions in bitcoin, but may face the problem of receiving black money.
The second is to go to another country, exchange it for USD, and change it into legal tender in your country.
The best way and easiest way would probably be to find a person who would want to buy your bitcoin and in exchange would be your local currency. I know a lot of people who have been doing this to stay away from any bank transactions because some banks do not want or do question you where you get your money from, and even if you say it is from trading they might ban you too or something.
I am able to take out money through Payza, but I am not sure if it is allowed in your country or not. You can check their drop down list. I used to use the card as well, but unfortunately they stopped the card but I can still draw funds directly to my bank account through a bank transfer and it only costs me 2.5 euros per transfer. I do this once a month to cover my living expenses. You can sign up and once you have used up a 500 USD balance you will need to get verified with some KYC documents but you can add your bank details straight away. Also I received my black CENTRA CARD, they have a wallet and APP and a debit card. So I will try to download the app today and use my card. If I am successful, I will let you know. It also supports other digital currencies, including eth, dash, monero etc. 
There are so many channels to convert Bitcoin into Fiat currency. Localbitcoin is the best site, however exchange rate are more. Coinbase is also very good.
i think you should find your local exchange that accept bitcoin as a trading.
you can use paypal if im not wrong.
maybe the others platform is usable too.
you can use paypal if im not wrong.
maybe the others platform is usable too.
I would suggest trying LocalBitcoin.com
You have a few options to sell there but seeing as BTC is banned in your country then it's unlikely you would find local buyers that will pay in your local currency.
However, you do have the option of selling via Paypal. The benefit with this is that you can generally charge alot higher than the current BTC price. The risk is that you need to only deal with buyers who have a good reputation and trade history on localbitcoin. If you deal with a new buyer with no trade history then you run the risk of them doing a Paypal dispute once they have received your BTC. Once the funds are in your Paypal then you should be able to transfer to your local bank account.
The other option you have is to get a Payoneer account and card (It's Free)
Then sell your BTC on localbitcoin.com and select the Payoneer payment option, so basically, it will only show you buyers who are wanting to buy BTC and pay via Payoneer.
I think these are probably your best 2 options.
The other option, not ideal... is to use your BTC to buy electronic goods online or other goods that are fairly liquid and then sell them locally for cash.
You have a few options to sell there but seeing as BTC is banned in your country then it's unlikely you would find local buyers that will pay in your local currency.
However, you do have the option of selling via Paypal. The benefit with this is that you can generally charge alot higher than the current BTC price. The risk is that you need to only deal with buyers who have a good reputation and trade history on localbitcoin. If you deal with a new buyer with no trade history then you run the risk of them doing a Paypal dispute once they have received your BTC. Once the funds are in your Paypal then you should be able to transfer to your local bank account.
The other option you have is to get a Payoneer account and card (It's Free)
Then sell your BTC on localbitcoin.com and select the Payoneer payment option, so basically, it will only show you buyers who are wanting to buy BTC and pay via Payoneer.
I think these are probably your best 2 options.
The other option, not ideal... is to use your BTC to buy electronic goods online or other goods that are fairly liquid and then sell them locally for cash.
Hi, Whats the best way to convert Bitcoin into real money
As i from South Asian countries where Bitcoin is banned and illegal
Than whats the best and effective way to cash my bitcoin into real money ?
Please do advise me,Thank you
As i from South Asian countries where Bitcoin is banned and illegal
Than whats the best and effective way to cash my bitcoin into real money ?
Please do advise me,Thank you If you can't find any website that provides convertion for Bitcoin to your local currency then you can just post here in Bitcointalk wherein you are selling Bitcoin and you need this kind of currency, There are different users here in Bitcointalk and i assure someone will surely trade with you. But of course take precautions you need to use a trusted escrow to make this work or else one of you will surely scam. Goodluck
Find a friend who would likely to buy BTC. If you can't find one, I suggest use localbitcoins.com its a p2p exchange so be sure to take security procedures before making a deal.
Local bitcoin is good option if you want quick conversion from crypto to fiat..
find to local buyer in your city and sell it.
Since its ban in your country...i will suggest you find an individual buyer who is willing to pay u in fiat...or find or create an escrow group in your country and transact among each other.
Bitcoin is real money. It's not 2010 ffs. Maybe you should take a little time to look over what you invested in so you can understand that your shitty government pumping out more paper money is literally worthless. How much was your fiat worth 100 years ago? Mine was about 25x as much as I can buy with it now. What a hyperinflating government run, bureaucratic clusterfuck fiat is.
Stick with your real money and thank me when the revolution happens.
Oh and to answer your question, an exchange. No one knows where you're from so how would we know how to answer that?
Stick with your real money and thank me when the revolution happens.
Oh and to answer your question, an exchange. No one knows where you're from so how would we know how to answer that?
Hi, Whats the best way to convert Bitcoin into real money
As i from South Asian countries where Bitcoin is banned and illegal
Than whats the best and effective way to cash my bitcoin into real money ?
Please do advise me,Thank you
As i from South Asian countries where Bitcoin is banned and illegal
Than whats the best and effective way to cash my bitcoin into real money ?
Please do advise me,Thank you Jump to: