Ways to Cashout - page 2. | Bitcointalksearch.org

starsnshamrocks

full member

Activity: 168

Merit: 100

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

Depends on where you are from. You can use exchanges like Kraken or if you are German also bitcoin.de or you might find a similiar page for your region/country.
Of course, you can also try to find somebody in your region for a 1:1 exchange, but this brings certain risks too, so do your research beforehand.

mxyzptlkof6th

member

Activity: 294

Merit: 26

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

It depends on your country. In my case, we use coins.ph and withdraw our fiat money from banks. I am sorry because I am not that sure because I have not yet any profit for myself.

JumboCactuar

jr. member

Activity: 166

Merit: 1

I use:
Exchange > Coinbase (LTC)
Coinbase (LTC) to EUR
EUR to Revolut
Revolut (Either withdraw from ATM or bank transfer)

Pretty fast and hardly any fees either way

yamortsac

full member

Activity: 154

Merit: 111

Quote from: ArIMy11 on January 20, 2018, 08:43:56 AM

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

No offense. Do you already have you money to cash out thats you're already interested about cash out?
Anyway I think there are different ways in cashing out in different countries. In my country, the only way to cash out our money is through Coins.ph. This is the only wallet that we can convert bitcoin to peso. Now, in order to cash out, there is cebuanna, m'Lluilier, and of course my favorite ATM because it has no fee or sometimes it has but the fee is lower than other ways.

yes I agree there are a lot of ways and it depends on your country. I also cash out through remittance centers but ofcourse there is charges and through bank accounts though there is no charge but it will take just a little longer time than remittance centers and not available on weekends so it's up to you.

toygg

sr. member

Activity: 306

Merit: 250

Quote from: DarkDrake on January 21, 2018, 08:30:59 AM

i used localbitcoin the trader i dealt with made me feel really secure.

Same.. I only cashout once though. I met up with this guy on localbitcoin and dealt in cash. It was hassle free and straight forward. Plus, the buyer was a very nice,patient and friendly guy which made the trade even smoother than it already was. Nonetheless, I would say that the moment is magical when he passes u the cash for bitcoin. My cryptocurrency turned into FIAT!!!! Left a smile on me throughout the train ride home.

DarkDrake

newbie

Activity: 54

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i used localbitcoin the trader i dealt with made me feel really secure.

poketis22

member

Activity: 406

Merit: 11

In order to cash you need to change the crypto currency for Fiat, and Fiat is very easy to bring to any card! Fiat - paper money!

drogas

newbie

Activity: 168

Merit: 0

Quote from: panduryk on January 21, 2018, 08:18:57 AM

Im live in Ukraine and here u cant cash out large sums with exchangers from your visa or mastercard.
One single bank and it is regulated by the government, it's very bad, because honestly earned money in the bounty cant be cashed Cry

You can cashout personally when meeting but it is only in big cities, I have about 5 in my country.

Just curious. How much do you usually cash out then? And what's the fee for that?

panduryk

full member

Activity: 516

Merit: 105

Im live in Ukraine and here u cant cash out large sums with exchangers from your visa or mastercard.
One single bank and it is regulated by the government, it's very bad, because honestly earned money in the bounty cant be cashed Cry

You can cashout personally when meeting but it is only in big cities, I have about 5 in my country.

tarlok01

full member

Activity: 490

Merit: 100

You can cash out at any exchange. Where you have account. Every country have its own rule and you have to follow the rule to cash out.

valnd

member

Activity: 406

Merit: 11

Until the end of time

It depends on your location.but if your looking to cash out easily you can use your country supported remittance partners. or alternative you can use localbitcoin choose your location then list your coin. mostly btc.

fanten

full member

Activity: 266

Merit: 101

The Future of Global Copyright Registration

Is there anyway to buy or cash out via credit/debit card? My country does not support coinbase and I hope there is good way to cash out or buy in with low fess and without much hassle.

SamboNZ

sr. member

Activity: 1064

Merit: 253

the only way to cashout here in the philippines is via coins.ph, if you have altcoins you need to convert and transfer it to your btc before sending and cashing out through coins.ph

cherryfer

newbie

Activity: 196

Merit: 0

Quote from: ?? on ??

Good thing that you are new on this world and yet you have an income already???
thats not a good idea that you will cash out already your money without investing it on a good company.

That's very good for the new user to get income instantly
Even if it is a new user of Bitcoin, but many of those who have income has decide to cash out because it is only for exact amount for daily needs. Not enough to invest for long term investment

Benarand

full member

Activity: 773

Merit: 100

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

There are a lot of exchangers on the Internet, to which you can exchange your earned money. There are a large number of exchanges from which it is also possible to display Fiat on any bank card or electronic wallet.

Ereun

full member

Activity: 322

Merit: 100

Quote from: Winner on January 20, 2018, 11:15:49 AM

Quote from: Ereun on January 20, 2018, 09:00:54 AM

In the business world of course to withdraw funds is a fun and eagerly awaited, The cashout guide usually depends on the currency of your country..

Rather than just the currency from that persons country, it depends a lot on what coin he wants to cash out.

Yeah .. what you say is true, before deciding to do cash out should first note which token will be exchanged.

Liberdy

newbie

Activity: 127

Merit: 0

Sounds very expensive, going through so many levels. Isn't there a way to minimize fees? What about exchanges?
True, keeping the money is also an option.

Quote from: 0t3p0t on January 21, 2018, 05:11:47 AM

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

What? You are a newbie and made a nice profit? Holy molly! Sounds like you got a lucky bet on gambling don't you? But to be honest making a cashout depends on from where you are. I mean you need a local exchanger to convert your cryptocurrency into fiat money it could be through bank or a remittance center. Here in my country when I am doing a cashout transaction, I need to send the amount of crypto on my local exchange wallet then convert it to our local currency so that I can now send it to remittance or into your bank account that's how simple is it. If you don't need it for now, and whatever crypto you have on your wallet is it even better if you hold it longer so that you could be like having a 5x profit compared to what you have now?

GFE

full member

Activity: 336

Merit: 100

Quote from: Liberdy on January 20, 2018, 07:27:09 AM

Hello.

I am new to this world and made nice profit. What's the best way to cash out?

Thanks,
L//

I think that it will be good option to withdraw criptocurrency into fiat with special approved exchanges - you can find it in Google or at this forum

trudovik

member

Activity: 546

Merit: 10

Quote from: Asmus003 on January 20, 2018, 07:46:15 AM

It depends on the country. In Ukraine the best way is local exchange Kuna. For Russia - Yobit+Qivi. Also is "bestchange" for Ukraine/Russia, but they have high fee.

Yes, you are certainly right, but how does Yobit work? that is, it turns out that they just get their money right on the card? So you just sell bitcoin as some kind of thing? Do I understand you correctly? And of course people pay a commission for buying or selling.

ughh123

newbie

Activity: 179

Merit: 0

the thing that i want to know is stated already above thanks to all who comment's and give some idea about how and where,

Topic: Ways to Cashout - page 2. (Read 585 times)