Topic: The best way to withdraw in cash? (Read 399 times)
Personally, I use bittrex, and some other exchange but sometime, I sell directly to a friend who wants to buy and get my cash directly other than going through the exchange.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
And if you are in Philippines you can use binance and coins.ph to withdraw. As of now, it is my way of pulling out my money and I don't know any other methods here yet. But I hope they will open a more newbie friendly environment where transactions can be done easily.
Buddy, you can use Epayments card, this can be used to withdraw cash from almost any ATM in the world with a minimum commission.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
The best way to cash out is the one that practically without risks and losses gives you your profit in your hands. This is unfortunately not yet, so we use various platforms, the benefit of these is enough only commission varies. - You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
In my state there is one very convenient ATM to withdraw from about 1 hour away. The exchange rate is ridiculous and the daily max is $7,000 dollars. There's more ATM's available to buy bitcoin but only one to "sell" your BTC. The ATM is not all that bad since it gives you the option to also sell your LTC.
How does exchanging your BTC to cash on an ATM work exactly? Do you get an address and you send it there?
I wonder how they prevent you from sending another transaction with a higher fee and all that stuff. I mean, I guess you don't sit next to the ATM for half an hour until your TX is confirmed, right?
Bump for visibility. Can someone explain how this works? I mean, getting BTC for cash or via credit card is pretty straightforward, but the other way around, I can't see a practical way, at least not without lightning network.
Choose safe mode. Trade must pay a high cost. But it guarantees the money I withdraw from my personal account. I choose bitfinex binance and other exchanges if possible
The best ways to withdraw in cash in my country is to use our domestic exchange allowing to sell some blue chips and withdraw in our national currency and the second way is to find a local exchanger to sell you from hand to hand. It's the best way but you should be aware of personal security issues.
Until recently, I used WebMoney to exchange Bitcoin into any other currency that I needed. But this exchange became unprofitable and impossible for me. But since today there are a lot of resources to exchange any altcoin or Bitcoin for any currency with a conclusion even on a bank card. 
If the amount is high bitstamp is the safest I think. You can get cash in dollars and euros.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
With the coming quantum technologies, the current market must experience many changes. To be more exact, many coins will leave the market, as there will simply be no demand for them, due to the same technological superiority. I hasten to remind you of revolutionary projects like Kelvin Blockchain. After all, its uniqueness lies in quantum computing! And this is an innovation!
My choice is to use a local exchange or if possible I'll look for someone whos in need of bitcoin that's buying which is better way of trading in real life. There are local marketplaces where you can transact P2P no need for LBC just pure P2P deal.
I have actually successfully used localbitcoins and localethereum for the first time last week. Just look for some people with high ratings (ie: trusted. verified, quick to respond) , and you can get cash in hand that way. There are people with over 3000+ transactions with 100% ratings so it technically should be OK to cash out that way as well.
I always send my coins to our local exchange sites in my country and I withdraw them into the fiat in there. Their fees are a bit expensive too, but it's getting better with competition between them by time.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
The best one according to me right now is using Bitcoin ATMs. they have quite high fees but they ensure privacy. alternatively you can use Localethereum. I think Localbitcoins started requiring KYC - You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
It looks like you are forget to listing to withdraw our money through use the local exchange site or sell them through escrow. I guess i will try or always use this method try to send my bitcoin to the local exchange site in my country and i can withdraw them into the fiat easily. - You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
The best ways to withdraw in cash in my country is to use our domestic exchange allowing to sell some blue chips and withdraw in our national currency and the second way is to find a local exchanger to sell you from hand to hand. It's the best way but you should be aware of personal security issues.
Localbitcoins is your best option in my opinion. And do it in smaller chunks.
In my state there is one very convenient ATM to withdraw from about 1 hour away. The exchange rate is ridiculous and the daily max is $7,000 dollars. There's more ATM's available to buy bitcoin but only one to "sell" your BTC. The ATM is not all that bad since it gives you the option to also sell your LTC.
How does exchanging your BTC to cash on an ATM work exactly? Do you get an address and you send it there?
I wonder how they prevent you from sending another transaction with a higher fee and all that stuff. I mean, I guess you don't sit next to the ATM for half an hour until your TX is confirmed, right?
In my state there is one very convenient ATM to withdraw from about 1 hour away. The exchange rate is ridiculous and the daily max is $7,000 dollars. There's more ATM's available to buy bitcoin but only one to "sell" your BTC. The ATM is not all that bad since it gives you the option to also sell your LTC.
I like the service of localbitcoins most of all, because there you can exchange crypto currency in a way convenient for you and do not spend a lot of money on commission.
It is very fast to send to a local stock exchange and go to cash. As long as the pharmacy permits the law.
There are two possible ways I think you should be proceeding to and they are like withdrawing cash through localbitcoins.com because Localbitcoins is working good in our country and here there are tons of good and trusted escrow dealers available here for 24 hours a day with good rates. Apart from Localbitcoins you can also go for Bitcoin ATMs but their charges are high.
I used to do FIAT currency withdrawal at one of the local exchanger in my country.
some of the ways that the OP suggests are indeed a very good way of withdrawing cash currency.
some of the ways that the OP suggests are indeed a very good way of withdrawing cash currency.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
What number is fricking and awful? This post is totally useless if you dont give any information. None whatsoever.
In general centralized exchanges should have lowest fees. But it depends from one to another.
I think all of them except localbitcoins are good, but wait bitfinex is not good, you should always trust the bank you send your money and receive from.
The best way to remove denyushki is through a card. This money is sent to this card. Preliminary, you exchange the crypt at the exchange rate for a convenient volute.
You can use several other options. I'll bring them down. I used them and had no problems.
https://localethereum.com
https://cryptolocator.com
https://localethereum.com
https://cryptolocator.com
There is an increasing number of ATM machines on the high street with many offering to buy bitcoin allowing you to withdraw using cash. Rates aren't great but it's an easy way to do it
If I were you, I would stick with Coinbase, you are concern about the commision fee but if the service is okay and seemless why not stick with it.
Also there was a question ask above that you didn't even specify which contry you are from, this could help people to provide the right answer to you
Also there was a question ask above that you didn't even specify which contry you are from, this could help people to provide the right answer to you
I really think there are specific wallet for each country that will let you withdraw your bitcoin into fiat money, And this kind of wallet had establish them with their respective bank that offer this kind of transaction, But with a fee that you can not really feel, Well in my country there are a bank that are doing so because they really gain in this kind of transaction or that particular bank owner may have bitcoin as well.
Bitstamp has only 15 dollars deduction. It was a very fast stock market and I had to take 10-15 dollars up to now.
IMO, converting your BTC to fiat will be cheaper and faster at peer to peer exchanges such as localbitcoin. But there are some risks involved since you are dealing with another individual.
Yeah, you can use coinbase as one of exchanger who accept the real fiat. In my country, I just use indodax exchanger cause only this exchanger that have good volume and accept the idr fiat at ny country.
I found this article to be super useful on cashing out of crypto
https://medium.com/@oliverbell1994/cashing-out-crypto-for-cash-ef913cb32ed4
Cheers
https://medium.com/@oliverbell1994/cashing-out-crypto-for-cash-ef913cb32ed4
Cheers
Good day. Here in the Philippines we have coins.ph and other similar mode of withdrawals. But majority of use Filipinos use coins.ph because it is easier and faster to use than the others. You can send btc, ETH and bitcoincash to your coins.ph wallet and there's lots of options how you wanted to cashout your money. Its either through banks or through remittances and the fees are not that high. There's a certain limit for daily withdraws but I would say its a big help for us to encash crypto earnings straight from exchange.
I've found Kraken to work quite well.
They were somewhat laughed at because of their user interface, but I don't need charts on their site directly and they have a team with a long history in the cryptospace. I think the flak they got last year was mainly due to an unwillingness to rush things and make mistakes. In the public eye, that looked like bad performance (which it was), because the team was bad (which it isn't).
I also like that the Kraken founder has a spine and wasn't willing to put up with unnecessary state side bullying.
There's also Gemini, but I haven't looked into them yet.
They were somewhat laughed at because of their user interface, but I don't need charts on their site directly and they have a team with a long history in the cryptospace. I think the flak they got last year was mainly due to an unwillingness to rush things and make mistakes. In the public eye, that looked like bad performance (which it was), because the team was bad (which it isn't).
I also like that the Kraken founder has a spine and wasn't willing to put up with unnecessary state side bullying.
There's also Gemini, but I haven't looked into them yet.
Agree, Kraken is very good also there is lots of option of local exchanges for people, they work pretty better than global exchanges in withdrawing money.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
Localbitcoins, atms, sell to your friends, bitstamp has an interesting thing where you can withdraw in gold, and there is no tax on gold. Recently in croatia there was two bitcoin stores opened where you can take 2000 euros in cash without submitting id, thats also nice
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
It looks like you are forget to listing to withdraw our money through use the local exchange site or sell them through escrow. I guess i will try or always use this method try to send my bitcoin to the local exchange site in my country and i can withdraw them into the fiat easily. - You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
I use Bitfinex, Bittrex, HitBTC most of the time, but their fees are very high, but it is safer, I am willing to pay these high fees!
In our country it is unprofitable to do the translations through a banking system. There are many problems. The good decision it to find the person who has cash and agrees to exchange cash for money transfer. 
I've found Kraken to work quite well.
They were somewhat laughed at because of their user interface, but I don't need charts on their site directly and they have a team with a long history in the cryptospace. I think the flak they got last year was mainly due to an unwillingness to rush things and make mistakes. In the public eye, that looked like bad performance (which it was), because the team was bad (which it isn't).
I also like that the Kraken founder has a spine and wasn't willing to put up with unnecessary state side bullying.
There's also Gemini, but I haven't looked into them yet.
They were somewhat laughed at because of their user interface, but I don't need charts on their site directly and they have a team with a long history in the cryptospace. I think the flak they got last year was mainly due to an unwillingness to rush things and make mistakes. In the public eye, that looked like bad performance (which it was), because the team was bad (which it isn't).
I also like that the Kraken founder has a spine and wasn't willing to put up with unnecessary state side bullying.
There's also Gemini, but I haven't looked into them yet.
I usually go to local BTC or ETH trading sites in my country to sell and withdraw fiat. That's the only way, depending on the country where we do it.
You have to pay high fee then either way, I think I would choose the safest one like coinbase, localbitcoins is the worst one I would not deal with person.
I was recently studying this question and here is what I found:
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
- You can use Coinbase if you are in US and you will feel pain because of their fricking commissions
- You can use some exchanges like Bitfinex, Bittrex and some others but still the rate would be awful
- You can use new platforms like Cryptology and some others but there is no information on them atm but there might be the better rate
- You can use LocalBitcoins (which is banned in Russia)
What is your choice?
Jump to: