How to convert BTC into real money? | Bitcointalksearch.org

mudyak99

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Quote from: uyraw171089 on September 17, 2018, 11:03:29 PM

I have just started to learn bitcoin but still do not know how to convert bitcoin into real money. I am from Vietnamese, I want to transfer money bitcoin through Vietnam Coin, how do?

Go to exchange/market then sell your bitcoin for money
After you got your money then go transfer to your bank account Grin

sweetrose1968

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a Bitcoin exchange will convert your bitcoin to cash. It will allow you to sell your Bitcoin at a reasonable price, for your preferred local currency.

Labonikhatun

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There are exchange sites to convert bitcoins into real money such as Bitcoin ATMs, exchange, buying selling platforms, debit cards, peer to peer sales etc. However, If you hold your bitcoin on an exchange like Coinbase, then you just have to sell you bitcoin and convert it back to your currency. Then you can withdraw that money or send it to your bank account. Here are some steps from the Coinbase website. The exchange rate depends on the fear market dynamic, but you can use the Coindask bitcoin price index for reference. Bitcoin-using exchange is one of the most common ways to convert bitcoin into real money.

VolkoB

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Be happy =)

It's even easier than going to the supermarket) There are a lot of exchangers that allow you to do this. Do not be lazy to view this forum. I advise you to delay with converting BTC to Fiat, do it in a month or two

efrenbilantok

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There are exchange sites that you can use to exchange your btc or altcoins to fiat. There's a lot of exchange site out there that can exchange crypto to fiat but only pick those who is a trusted one. Google is our friend mate, it can answer all our questions. Good Luck

doolittle

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Why no one offers to exchange it at local thread
https://bitcointalksearch.org/topic/vit-vietnamese-60101

or try to find a buyer in the thread on this forum.
https://bitcointalk.org/index.php?board=53.0

Of course I noticed you, but maybe you will notice and understand. To try just need.

Little Mouse

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Some mates have already mentioned almost all the possible ways.
In addition, you can join some social media group where may you find some interested people. Although, it may seem risky to you. You can simply have face 2 face deal what I usually do in my country. I hope you also can. Of course, localbitcoin is the best place.

dee_x17

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BTC is real money, but its Digital one. If you want to exchange the BTC, to many markets can do that. and i think people around you can exchange it too. Because most of people have know about this cryptocurrency. And yeah, we live in a great future!

Juggy777

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Quote from: uyraw171089 on September 17, 2018, 11:03:29 PM

I have just started to learn bitcoin but still do not know how to convert bitcoin into real money. I am from Vietnamese, I want to transfer money bitcoin through Vietnam Coin, how do?

Hey unless you're already in profits I would not suggest you to sell bitcoins at current levels, as it has potential to touch to new high levels in the long run. However if you're desirous if selling then you can sell them at local bitcoins.com or use the currency section here. Wherever you choose to sell do your due diligence, check previous trades history and feedbacks.

krogothmanhattan

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Quote from: lhung on September 18, 2018, 10:39:20 AM

I recommend you to use prestige exchanges
There are exchanges i always use
- https://www.coinbase.com/
- https://www.coinmama.com/

Don't forget https://gemini.com/

neo444

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Use the site of bestchange to find an exchange from bitcoin to any currency you want

lhung

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I recommend you to use prestige exchanges
There are exchanges i always use
- https://www.coinbase.com/
- https://www.coinmama.com/

karyamenaraagung

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Quote from: uyraw171089 on September 17, 2018, 11:03:29 PM

I have just started to learn bitcoin but still do not know how to convert bitcoin into real money. I am from Vietnamese, I want to transfer money bitcoin through Vietnam Coin, how do?

You can sell it to friends or people nearby. and also to local exchanges in your country.

Dudeperfect

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You can find any local exchange willing to purchase Bitcoin from you and trade with that exchange. On the other hand, you can try localbitcoins to find the traders from your country so that you can deal with using the payment method which is convenient for you.

* https://localbitcoins.com/instant-bitcoins/?action=sell&country_code=VN&amount=¤cy=VND&place_country=VN&online_provider=ALL_ONLINE&find-offers=Search

However, I would recommend you to always use escrow if you are not sure about the authenticity of another party involved in the trade.

Hammam9854

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You can see the real value of the coin you have in exchange, usually in US dollar so convert this to your local currency. Now you know how much you have.

Davil

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Quote from: boyptc on September 18, 2018, 06:51:18 AM

Do you have an idea on what's the local exchange in your country?

This is what I've found.
https://vbtc.exchange/en_US/ --- I'm not sure with this but that seem to be one of the most popular on Vietnam.

And you can trade as well with localbitcoins.
https://localbitcoins.com/country/VN

Bitcoin is a real money and what you are looking for is a way to convert bitcoin to cash/fiat.

You all are right and paradoxically this is the only real valuable answer to the OP's question. It seems that sometimes we forget how it is to be newbie in the crypto-world. He wasn't asking about theoretical ways bur for a practical answer.

Apart from the ones above, take a look at https://hodlhodl.com too; I haven't probed it myself but it seems that now that localbitcoins may start asking for KYC it may be a good option too. And https://openbazaar.org now has a peer to peer crypto-trading functionality, take a look into it too if the solutions above don't fit to your needs.

boyptc

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Do you have an idea on what's the local exchange in your country?

This is what I've found.
https://vbtc.exchange/en_US/ --- I'm not sure with this but that seem to be one of the most popular on Vietnam.

And you can trade as well with localbitcoins.
https://localbitcoins.com/country/VN

Bitcoin is a real money and what you are looking for is a way to convert bitcoin to cash/fiat.

Gembul0705

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I think there many ways to change your bitcoin asset to Fiat.
1. You must choose where you would transfer your bitcoin to your exchanger do you want (there are lot many exchange or you can search exchanger in your country or get to bitcoin ATM's).
2. You send your bitcoin from your wallet to wallet exchanger (you must read the rule in exchanger are the must kyc or not to withdraw)
3. Sell your bitcoin at the price that you want to vietnam coin(this option if vietnam have exchanger)
4. If the transcation success and then you can withdraw you money to your bank acccount anf then it's done
Hope this will give you some option and can help you

$--Perfect. Exchange-$.

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You can change bitcoin to Fiat on cryptocurrency exchanges where there is this pair. Then withdraw Fiat money to payment systems that support crypto-exchange.

TTshingeki

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BTC is real money bro. It's more valuable all other money currently. If you want convert BTC into fiat money, you can deposit in some exchanges and sell it.

Bitfort

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invest trade and gamble wisely

How? Just sell them Wink

... but you need to find a buyer.
Try some exchanges (I can't tell you which works in your area ... you'd better ask in Viet local section or some other local forum.)
Also you can try localbitcoins.com (trade via bank transfer or find a buyer nearby and trade cash ) and/or if you're in larger city you can try to locate bitcoin ATM.

Kelangbat99

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Quote from: uyraw171089 on September 17, 2018, 11:03:29 PM

I have just started to learn bitcoin but still do not know how to convert bitcoin into real money. I am from Vietnamese, I want to transfer money bitcoin through Vietnam Coin, how do?

If you are in Vietnam, I think it is not too difficult to convert BTC into Viet Nam dong (eg Remitano, Huobi ....)

OgNasty

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Real money? What do you think BTC is?

There are plenty of exchanges that will turn BTC into different fiat currencies.

uyraw171089

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I have just started to learn bitcoin but still do not know how to convert bitcoin into real money. I am from Vietnamese, I want to transfer money bitcoin through Vietnam Coin, how do?

Topic: How to convert BTC into real money? (Read 409 times)