Ways to Cashout - page 3. | Bitcointalksearch.org

0t3p0t

sr. member

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★Bitvest.io★ Play Plinko or Invest!

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?

ashrath

newbie

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which wallet is best to use for cashout bitcoins

jk9694

full member

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There are exchangers that allow direct exchange between individuals to exchange through the guarantor. I will not advertise)

aakriti

member

Activity: 168

Merit: 10

Cheers the profit. You can convert your coin into fiat currency through coinbase, PayPal, zebpay, remitano etc. More over it depends on your country and Coin.

Rexxxem

full member

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It is worth mentioning which country you live in. Then you can give more detailed advice. I suggest you do not hurry. There is an opinion that crypto-currencies will demonstrate significant growth in 2018

mc_sunw

newbie

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Have you considered leaving your money in crypto and accessing it via debit card? TenX (soon Stack, CoinMetro etc.)

VenturaBro

newbie

Activity: 168

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I know it depends from region to region, but can anyone share their experience in cashing out?

On average, what's the % fee? Was it worth it in your experience?

AravinthP

jr. member

Activity: 154

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The Next Generation Distributed Smart Network

If you decided to cash out then you will have to do a research properly. For example in india all means of deposit from renowned banks were halted.

javerzky

jr. member

Activity: 159

Merit: 1

as you can read the other member comments you can check in you local area what is the best way to cashout you money.
you see you didnt state your place where you live thats why most of us cant answer you question because in our area we have out own remittance center that is legible for cashing out
hope you understand that, you should state where you lived
Wink

LancelotRay

newbie

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Quote from: Febo on January 20, 2018, 11:23:23 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//

If you own real crytpo and not some crap it is worth way more that any printed money that central banks print.

Yeah but, wouldn't you prefer 1,000$ now than 10,000$ in 15 years?

thotknectar

newbie

Activity: 29

Merit: 0

Fastest typically costs more and requires more identity check, especially for large amounts.
You’ll have the best luck working with bitcoin(BTC) and Ethereum(ETC) so get your coins
Exchanged into those two for the most straightforward and quick methods. For more
Anonymity and lower fees, you will have to wait much longer. You’ll also probably need to
Sign up with several different exchanges in order to split large amounts into less noticeable
Sizes. There are also cards now that allow you to purchase items anywhere using your crypto
By exchanging crypto for cash as you go along.

Oakey22

sr. member

Activity: 488

Merit: 322

This depends on what country you live in and if you wish to pay tax on the income you have made. I advise you do pay all the relevent taxes on anything that you make from crypto as one day they will come after you for it.

You can use, coinbase or LocalBitcoins. LBC is best for cash trades with someone if you feel the need to do it this way.

lkcoindaddy

newbie

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You could use cex.io to transfer back to your credit card or the bank account

dadatosin01

jr. member

Activity: 420

Merit: 1

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//

Download Luno app, connect your bank account, send your earns to your luna btc wallet and withdraw to your bank account. Simple.

wall101

member

Activity: 560

Merit: 10

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 country do you live? So i will know and maybe i can help you.

cryptomorphines

member

Activity: 168

Merit: 10

You can sell cryptocurrencies p2p or person to person or you can convert it thru local exchanges if you have in your location.

hanskan

full member

Activity: 336

Merit: 100

One should always cash out the initial investment at least. That way you haven't lost anything Cheesy

Liberdy

newbie

Activity: 127

Merit: 0

Thanks, that was very helpful. I will check with the local groups and see what's their favorite method.

Muo

member

Activity: 236

Merit: 10

In my country we have local exchanges with opportunity to cash out in local currency

Liberdy

newbie

Activity: 127

Merit: 0

This is Funny Grin

Hello.

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

Thanks,
L//
[/quote]

If you own real crytpo and not some crap it is worth way more that any printed money that central banks print.

[/quote]

Topic: Ways to Cashout - page 3. (Read 585 times)