Ways to Cashout - page 4. | Bitcointalksearch.org

commanderbitcoin

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Activity: 238

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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//

Cashing out depends on the country you are residing. There are some banks that didn't allow cryptocurrency to cash out bitcoin. In case there are very limited, you can use localbitcoins.com to find a buyer in your place.

taeewo

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Activity: 392

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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//

You should have stated your country so it will be easy to identify the means available to your country....

Dont cash out all your profit, use some to invest in some promissing i c o like Arcblock

tushkanych

full member

Activity: 196

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For Russia or Ukraine can be output via the exchange YoBit, so I recommend to visit the site bestchange.ru there, too, you can choose the direction that many cryptocurrencies are present

Yana_M1

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It depands of what coin you have and what country youlive and what fiat you want to cash out.

sheenshane

legendary

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Merit: 1233

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//

Then clarify which wallet did you used as of now so that we can advised you more about in cashing out your money.
Just like here in our country we have here a secured and trusted wallet and just have easy cash out fiat. Easy to convert your bitcoin with our local currency and have banks or remittances to cashing out all your bitcoin that converted with fiat. As easy as that hope that you have also wallet like this easy now to cash out where ever you go.

Febo

legendary

Activity: 2744

Merit: 1288

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.

Winner

legendary

Activity: 1190

Merit: 1000

Look ARROUND!

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.

Cryptokingind

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Activity: 322

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You have not mentioned that which exchange you are using and where you wan't to cash out because every country have it's own laws regarding bitcoin cash out. You have to follow your country rules.

Ereun

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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..

ArIMy11

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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.

Freezingel

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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//

You should use the local exchange in your country as it's the easiest way to cash out, but if there's none then you can check localbitcoin, it's peer to peer trading and it's safe as long as you check the rating and don't release the fund until you receive the money. Don't forget to have a discussion with your tax consultant if the amount of money you are going to cash out is big as the bank most likely going to ask you the source of the money.

Davehad

newbie

Activity: 70

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Depends on your coins/tokens and location.

coinbase - higher fees but is one way to get your cash out - depends on the amount of coins to make it worthwhile.
switch your tokens if need be at shapeshift.io
or invest at bittrex

BTCMILLIONAIRE

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Quote from: awazieik on January 20, 2018, 08:38:07 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//

Congratulations on this milestone . It actually depends on which coin you want to cash out , you can try on exchanges but like the rest, i will suggeat you invest a little of your profit

What milestone? He just joined lol

awazieik

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Activity: 448

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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//

Congratulations on this milestone . It actually depends on which coin you want to cash out , you can try on exchanges but like the rest, i will suggeat you invest a little of your profit

djessi

newbie

Activity: 252

Merit: 0

Everyone has their own possibilities for withdrawal and it's already up to you and where you are. I for example translate received tokens on a stock exchange, I change on bitcoin or an etherium. Then I change the currency in the exchanger, which the exchanger takes to my bank account.

0verseer

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Activity: 480

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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 plenty ways to cash out but first, you should check on what is popular and simple in your local country since some cash out good for this country but bad for another country.

favelle75

hero member

Activity: 910

Merit: 501

for me best way is localbitcoins. i don't like wire transfer cause of tax issues. So i choose localbitcoins to cashout.
you will try wire transfer through cex or bitstamp.

frmracc

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Activity: 728

Merit: 106

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//

Where do you from ? You can use coinbase and localbitcoins to cash out your coins into fiat or talk to people on your local boards and ask them "where do you guys usually cashout your coins into fiat?" In my country there is a trusted person who accept bitcoin and exchange it into fiat, so once i receive my payment i transfer my coins to him.

randee888

member

Activity: 88

Merit: 12

Tricky questions, actually there lot of cashout option from cryptocurrency to fiat such as paypal, payeer, bankaccount even wire transfer is possible. Check your local exchanger first, wich country you are living. Sell it to anther person who want to buy is possible too.

Maestro75

sr. member

Activity: 1960

Merit: 329

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//

The information in your post is a bit sketchy. You may want to tell us on what platform (Exchange or Gaming site) you made the profit so that we can rightly advise you. But generally, two things are involved when you want to cash out or withdraw your profits (that is if it's an exchange). One is the total amount you are cashing out as most exchanges set daily limits and second is your country of domicile and verification.

Topic: Ways to Cashout - page 4. (Read 599 times)