Topic: What is the best way to cash out? - page 3. (Read 2491 times)
The best way to cash out is cash out with other fellow people in your country, because the rates is quite good than on exchanger and you also can waitt until the price of bitcoin increase again.
You could just buy goods with the bitcoins you have. Then later on just sell those goods when the arrive for cash.
Seams like good idea to avoid being noticed by tax collectors.
Seams like good idea to avoid being noticed by tax collectors.
Without anyone knowing your name or address?
if you want to cash out of the bitcoin currency to your country I think there is no way to were really without a name and address, because you will still need to use a bank account. and if you meet directly with the seller, then you even have to come face to face right, so to cash out you still have to give your name and address. Thank you
For me the best way is thru ATM. Because when you withdraw in the bank their is many requirements but if you withdraw in the ATM because you can withdraw through cardless 
use BTC to buy a prepaid visa, and spend spend spend 
Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
Easy, it isn't online. You will meet physically someone. Face to face. So unless you're given forged notes, or the guy in front of you is a magician, the money will be real.
I mean, how can I be sure it isn't counterfeit money
Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
Easy, it isn't online. You will meet physically someone. Face to face. So unless you're given forged notes, or the guy in front of you is a magician, the money will be real.
I mean, how can I be sure it isn't counterfeit money
You may trade with physically someone, and it isn't online. .
Local Bitcoins are the best place to cash out.
Probably this, because of your requirements from first post.Anyway, in future this will change, it will be more anonymous or less in general.
local bitcoins are the only option to cash out
Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
Easy, it isn't online. You will meet physically someone. Face to face. So unless you're given forged notes, or the guy in front of you is a magician, the money will be real.
Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
I'm going to try out local bitcoins, but how do I know the money they are giving is real?
Would have to go with any of the reputable p2p meet-in-person type of platforms (the biggest of which is localbitcoins I believe)
buy a physical/plastic bitcoin debit card and then load it with your balance,you don't need to give your document to the card issuer because they don't need,when you are done loading your balance,withdraw it through your nearest ATM,it'll charge you a quite high fee around 3.5$ but it's really worth for the anonymity and simple
They do also have withdrawal limits, namely on the Xapo one, and I think it is limited to something like $200 USD per day (or per withdrawal with only something like 2 max per day) on top of the fees.But I back your statement 100% from there, it is a great and simple way to avoid any issues and it is quite useful even outside of what OP is asking about.
Local Bitcoins are the best place to cash out.
A kilo of heroin from a dark market and then offload it down the local school playground?
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buy a physical/plastic bitcoin debit card and then load it with your balance,you don't need to give your document to the card issuer because they don't need,when you are done loading your balance,withdraw it through your nearest ATM,it'll charge you a quite high fee around 3.5$ but it's really worth for the anonymity and simple
Bitcoin atm's are the best for that.
There are two kinds of Bitcoin ATM's though, with and without giving ID/fingerprint. The ones where you dont need to provide any more identifiction I preffer, but the buy limit can be low.
I just buy Bitcoin myselves but in many ATM's you cant cash out, so you need check the ATM info.
Sell for cash, face to face. This forum needs a section for that.
I think we do have that already in the forum. It's only up to the two parties whether they would meet face-to-face or do it online and just use a trusted escrow. But I think it would still require both parties' name because the most common method is paypal to btc.
Without anyone knowing your name or address?
Sell in the currency exchange section (note that some methods like Paypal show your name to the user unless you are using a fake account of course).
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