Ways to Cashout Crypto - page 6. | Bitcointalksearch.org

streetlight

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Activity: 253

Merit: 250

Quote from: crzy on November 21, 2017, 09:02:05 PM

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.

The best ways to cash out crypto are if you know people that are looking to buy. This way you can sell them safely and cheaply. If you start having to use third parties then this is where it gets a little more costly as there are fees to the process. You can use online exchanges which have less fees but require more info. Then you have Bitcoin ATMs which are convenient, but have higher fees.

dillo666

member

Activity: 79

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Firstly transfer your BTC from your Ether wallet to Blockchain account.
If you are living in India then you can transfer these in Unocoin account then to your Indian bank account after selling these on Unocoin.

Moesee

newbie

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Use a good exchange that supports BTC to USD
And that's supported in your country.

wooch4aeye

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Activity: 112

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EFFECT.AI▲Decentralized network for A.Iυ

transfer to paypal is so risky method. use exchange sites need too many docs.
i have prepaid card that used it to cash money from my wallet (paying for sites and gifts)

Kulitha

member

Activity: 644

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I use cex.io to cashout my crypto . BTC and Eth can be cashout to usd and we can add those usd to our credit or debit card .

cryptobullx

member

Activity: 462

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Cex.io is great platform to cash out bitcoin money. extra fast transactions. try it.

alfstep

full member

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Here I come! Again!

The only way I know is using local exchange by selling our coin to our local currency
If there is no local exchange in your country it might be a bit difficul, for you have use global exchange to convert your coins with USDT, using tether to convert USDT to USD and withdraw to your bank account

crzy

full member

Activity: 2128

Merit: 180

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.

GoldenOrder

member

Activity: 119

Merit: 10

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

For those of us who are not from countries (USA, UK, etc) that are allowed to sell or buy in coinbase and such, then use localbitcoins.

Bakemat

sr. member

Activity: 779

Merit: 250

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

In my country there's an application in android that can convert the bitcoin into my money country. And after that it is easy to cashout because i convert the bitcoin into my money country just like a Gcash or other paypal ,atm , paymaya. Or what. This application is called Coins.ph

howard.ashoul

full member

Activity: 140

Merit: 101

There isn't one single answer for all of the people.

It depends on your country of residence.
What documents are you able to provide to exchange.
How fast it has to be.
Etc. ....

You can check out this comparison http://www.coinparator.com/compare-exchanges/ and find exchange, that suits you best. Generally P2P exchanges should give you higher exchange rate, but there's also possibility of a scam. As you're dealing with other people and not them directly.

bitart

hero member

Activity: 1442

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Vires in Numeris

Quote from: Emerge on November 21, 2017, 04:30:41 PM

There is also credit card for cash out. For example one of them is monaco card.

Does Monaco started already? I mean shipping out cards, because according to their thread they're still struggling https://bitcointalk.org/index.php?topic=1926269.6100
Depends on the physical location (in US, in EU, etc..) there are some working cards, eg. for EU there's XAPO, but they give you little limit without KYC and AML authentication.

Rubick99

member

Activity: 484

Merit: 11

You must sell your crypto to USD, go to an exchanger to trade your crypto. And then you can withdraw with your account bank

xsaints128

full member

Activity: 420

Merit: 105

You can easily cash out your bitcoins using Localbitcoins. It's the best and easiest method to cash out. But beware of them scammers as they are everywhere nowadays.

ClearCoin

brand new

Activity: 0

Merit: 0

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

You could use an exchange like Kraken to convert BTC to USD. Coinbase works too.

Emerge

legendary

Activity: 854

Merit: 1000

There is also credit card for cash out. For example one of them is monaco card.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

As being new to the crypto currency world. I like to know how do you cash you your money?

Bitcoin IS my money

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

such as taking your crypto and taking it out into real money?

Bitcoin IS real money.

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

eg transfers to paypal?

Oh. You mean how do I convert my real Bitcoin money into physical local currency and local currency accounts with service providers?

I generally try to avoid that as much as possible. Why would I want to convert my real appreciating asset into some depreciating worthless government debt?

However, when I do need local currency for some reason, I typically use either Coinbase or Localbitcoins

Quote from: worldtraveller321 on November 21, 2017, 04:17:07 PM

etc. what methods suggested?

I typically use either Coinbase or Localbitcoins

worldtraveller321

member

Activity: 512

Merit: 33

The Quest of the Best Information to the Solution

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Topic: Ways to Cashout Crypto - page 6. (Read 1971 times)