Safest place to withdraw BITCOIN? - page 4.

STCrypto

newbie

Activity: 66

Merit: 0

Quote from: Kakmakr on July 13, 2018, 12:24:18 AM

Quote from: STCrypto on July 12, 2018, 03:46:31 AM

Quote from: batang_bitcoin on July 12, 2018, 02:58:38 AM

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.

Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?

This is risky, because you need to deal with the unknown. You can take a "Bitcoin" Holiday in another country, where there are more traders and trade with them, but you will not know if they are scammers before you get there. If you do this in your own country, you can take friends with you to the location where the trade will take place and you can make sure the scammer will not get away, if he or she wants to rob you.

You will also have to deal with the security and customs at the international airport, when you come back. You cannot move large amounts of money in and out of a country.

Great points there, so much to think about! Probably need to choose a country to open a bank account too..

STCrypto

newbie

Activity: 66

Merit: 0

Quote from: iammrash on July 12, 2018, 11:01:43 PM

You can use changer.com to change your crypto into perfect money.. And you can withdraw perfect money into your bank account.. So much easier than it sounds

Something new for me, thanks!

bct9t

newbie

Activity: 280

Merit: 0

the number of scammer in the market is very high. Coin holders must be extremely careful to not fall into traps of the scammers. Before transferring their crypto currency into fiat currency they should check whether the site is safe or not. in this post some sites are mentioned which will come in handy for investor looking for site to transfer crypto into fiat

harrypot

newbie

Activity: 294

Merit: 0

Scammers, one of the biggest problems in the market of crypto currency. especially the new investors falls for the trap of the scammers. Everyone should be extra careful while handling large amount of coins. while exchanging the coins to fiat currency the site should be checked whether it is scam or not. some sites are mentioned in the post which are useful.

Fappanu

sr. member

Activity: 1111

Merit: 255

Quote from: STCrypto on July 12, 2018, 03:46:31 AM

Quote from: batang_bitcoin on July 12, 2018, 02:58:38 AM

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.

Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?

If you can afford it, do it. You can also sell it to your friends abroad if you have one. Because you also have the opportunity to visit them and have bonding. There are many ways and you just need to be careful because there are scammers as well

avoxosuccesful

jr. member

Activity: 252

Merit: 3

the thing is I figure the most secure trade you could pull back is utilizing your nearby trades. On the off chance that you need to utilize a worldwide trade, at that point you most likely may utilize Bittrex or Binance. Those trades are great and have high security and sufficiently quick. Be that as it may, you should attempt localbitcoins, I figure it would suit you. Like here in the Philippines, we utilize our nearby trade to purchase a considerable measure of things beside pulling back cash.

gesdan

full member

Activity: 616

Merit: 100

i think the safe place is in your country, I mean in the local exchanger, because it will change the bitcoin into your local currencies, so you don't need to change it from USD into your currencies first. if your country doesn't have the local exchanger maybe you can see it directly to people with PayPal payment

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Quote from: STCrypto on July 12, 2018, 03:46:31 AM

Quote from: batang_bitcoin on July 12, 2018, 02:58:38 AM

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.

Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?

This is risky, because you need to deal with the unknown. You can take a "Bitcoin" Holiday in another country, where there are more traders and trade with them, but you will not know if they are scammers before you get there. If you do this in your own country, you can take friends with you to the location where the trade will take place and you can make sure the scammer will not get away, if he or she wants to rob you.

You will also have to deal with the security and customs at the international airport, when you come back. You cannot move large amounts of money in and out of a country.

meanwords

full member

Activity: 1624

Merit: 163

I think the safest exchange you could withdraw is using your local exchanges. If you want to use an international exchange, then you probably might use Bittrex or Binance. Those exchanges are good and have high security and fast enough. But you should try localbitcoins, I think it would suit you. Like here in the Philippines, we use our local exchange to buy a lot of things aside from withdrawing money.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: STCrypto on July 12, 2018, 02:50:50 AM

Any idea on wheres the safest exchange or sites to withdraw bitcoin to fiat?

Came across bitstamp as coinmama and coinbase is currently not support in my country (Brunei Darussalam)

Do you have any local exchange there in Brunei? At least it should have in crpyto-free country. In that way no need to used global exchanges since local exchanges will support your local payment merchants there including banks. That's were doing here in my country so converting bitcoin to fiat here is not hassle. You can also consult your local crypto group if people have an idea about it.

You can also consider person 2 person trade. Well I know your doing your homework now so I guess you can make up a solution to that.

enhu

legendary

Activity: 2492

Merit: 1018

Selling it to an individual here in the forum might work for you, if you accept paypal funds there are certain people that is definitely interested to it. Just don't trust those sketchy ones, there are trusted individuals who does a lot of paypal transactions, check these links below. Because its easy to spot reputable members who does a lot of buying and selling BTC.

https://bitcointalk.org/index.php?board=5.0
https://bitcointalk.org/index.php?board=53.0

genuin

sr. member

Activity: 406

Merit: 251

I think it's safe for you to do WD.
I see the credibility of the website is pretty high so I'm sure there will be no fraud through the website

nicster551

sr. member

Activity: 896

Merit: 253

Quote from: STCrypto on July 12, 2018, 02:50:50 AM

Any idea on wheres the safest exchange or sites to withdraw bitcoin to fiat?

Came across bitstamp as coinmama and coinbase is currently not support in my country (Brunei Darussalam)

Surely you have a huge amount of Bitcoin to withdraw since you are worried about the exchange you are going to withdraw with. If you are going to withdraw with the top 3 exchanges then you are good since you'll able to have their support to help you if things doesn't go right.

kakalot1989

brand new

Activity: 0

Merit: 0

You should learn about Localbitcoins https://localbitcoins.com/
Localbitcoins allow buyers and sellers to make transactions through a variety of payment methods, including:

- COD (also known as Cash on Delivery)

- Cash immediately

- PayPal

- Webmoney

- Western Union

- Telegraph

Clark05

sr. member

Activity: 1274

Merit: 263

Im so happy because in myw country we have own wallet easy to buy and sell bitcoin what time we want. My country wallet is not only wallet because you can pay your bills and buy online credits using this wallet. Just make a research about kind if wallet who you can safe to withdraw your bitcoin that can eligible to your country.

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

LocalBitcoins, Gemini, Kraken, and Coinbase have been dependable for Fiat withdrawals.

iammrash

newbie

Activity: 51

Merit: 0

You can use changer.com to change your crypto into perfect money.. And you can withdraw perfect money into your bank account.. So much easier than it sounds

STCrypto

newbie

Activity: 66

Merit: 0

Quote from: hardtime on July 12, 2018, 10:26:40 PM

This is going to rely on you and the amount of privacy risk that you want to take. If you're fine with exposing some of your personal information online, and some people are OK with doing this, then you'd be fine with using an exchange such as Coinbase, Kraken, etc (you're going to have to get verified on these exchanges as well, no getting around that) This is also if you're fine with declaring your income from Crypto capital gains, work and such, as all of these withdrawals are going to be linked to you and could be subpoenaed. If you're not fine with the privacy things, use something P2P.

Great amount of info there, thanks man! Was thinking to use Bitstamp at first but hesitate cause of the KYC info required. What do you propose if I want to keep the transactions private?

spazie

newbie

Activity: 68

Merit: 0

If I choose Blockchain wallet to pull bitcoin, because Blockchain is able to guarantee maximum transaction security and Bitcoin storage.

pooya87

legendary

Activity: 3472

Merit: 10611

your country seems to be involved with Malaysia and Indonesia according to Wikipedia, so have you tried an exchange in one of these countries? i don't know any to suggest but you can find it on google like this: https://www.buybitcoinworldwide.com/indonesia/
they may even be working with the banks in your country so that you can withdraw safely to your own banks.

there are also local boards on bitcointalk you may want to visit and try to see if you can find any country-mates: https://bitcointalk.org/index.php#5

Topic: Safest place to withdraw BITCOIN? - page 4. (Read 593 times)