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Topic: Ways to Cashout - page 4. (Read 585 times)

member
Activity: 238
Merit: 10
January 20, 2018, 01:08:19 PM
#27
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.
full member
Activity: 392
Merit: 100
January 20, 2018, 11:41:44 AM
#26
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
full member
Activity: 196
Merit: 100
January 20, 2018, 11:39:08 AM
#25
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
full member
Activity: 350
Merit: 100
January 20, 2018, 11:37:29 AM
#24
It depands of what coin you have and what country youlive and what fiat you want to cash out.
legendary
Activity: 2492
Merit: 1232
January 20, 2018, 11:25:15 AM
#23
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.
legendary
Activity: 2730
Merit: 1288
January 20, 2018, 11:23:23 AM
#22
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.

legendary
Activity: 1190
Merit: 1000
Look ARROUND!
January 20, 2018, 11:15:49 AM
#21
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.
member
Activity: 322
Merit: 10
January 20, 2018, 11:14:38 AM
#20
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.
full member
Activity: 322
Merit: 100
January 20, 2018, 09:00:54 AM
#19
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..
full member
Activity: 519
Merit: 101
January 20, 2018, 08:43:56 AM
#18
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.
sr. member
Activity: 574
Merit: 251
January 20, 2018, 08:42:59 AM
#17
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.
newbie
Activity: 70
Merit: 0
January 20, 2018, 08:39:22 AM
#16
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
hero member
Activity: 1358
Merit: 834
January 20, 2018, 08:38:55 AM
#15
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
full member
Activity: 448
Merit: 100
January 20, 2018, 08:38:07 AM
#14
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
newbie
Activity: 252
Merit: 0
January 20, 2018, 08:32:57 AM
#13
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.
full member
Activity: 480
Merit: 106
January 20, 2018, 08:08:47 AM
#12
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.
hero member
Activity: 910
Merit: 501
January 20, 2018, 08:01:22 AM
#11
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.
full member
Activity: 728
Merit: 106
January 20, 2018, 07:58:47 AM
#10
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.
member
Activity: 88
Merit: 12
January 20, 2018, 07:53:33 AM
#9
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.
sr. member
Activity: 1960
Merit: 329
January 20, 2018, 07:50:25 AM
#8
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.
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