What is the best way to cashout your bitcoin now? - page 11.

Zadicar

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Quote from: clickerz on December 04, 2016, 11:55:40 AM

Quote from: n0ne on December 04, 2016, 09:21:07 AM

Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.

Yes through an exchange site is very possible but I think it has higher charges if you send dollar to your country using online remittance services. Also correct having an escrow is a secured transaction as there are many scammers on forums. If you have a local exchanges in your country, I think it is the best way to cash out.

Like me,im using local exchanges since its the most convenient and less fee transaction and im thankful that its available on my country without being hassled on cash outing or exchanging it too fiat with p2p and by any other means.I agree scammers are everywhere on this online world that why we should be vigilant on our money since we do work hard for it and we should not let them steal it from us.

clickerz

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Quote from: n0ne on December 04, 2016, 09:21:07 AM

Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.

Yes through an exchange site is very possible but I think it has higher charges if you send dollar to your country using online remittance services. Also correct having an escrow is a secured transaction as there are many scammers on forums. If you have a local exchanges in your country, I think it is the best way to cash out.

prtty2gal2

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Quote from: n0ne on December 04, 2016, 09:21:07 AM

Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.

Finding traders in our country especially in our neighborhood will definitely eliminate many complications and especially escrow too. But unfortunately many of us not considering this option.

Currently I'm not cashing out bitcoins as I'm having long-term plans it my bitcoin savings. My future plan would be bitcoin debit-card to cash out or to use my bitcoins.

n0ne

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Right now in my view, using different trading websites is the best way to cash out. Other than this finding the traders through our forum too seems to be effective through an escrow.

1enterthebtc

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Maybe it depends if you care about leaving a trail or not. Local Bitcoins is good but it leaves a trail. Just but gift cards. Another option are the BTC debit cards. Many of those do not require verification for small amounts.

dhampir-D

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Quote from: yoona on March 21, 2016, 11:24:09 PM

Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?

The fee for sending Bitcoins from one place to another is quite low, but if you need to convert to fiat, there will probably be an exchange rate. Some exchanges actually charge a very high rate, so the solution is to find the exchange charging the lowest fee possible. Any decent exchange will allow the user to have this information easily, on the exchange website itself.

FLoving

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In y country there is a person who have his own local bitcoin exchange to whom I send my bitcoins and he send me the money of it to my bank account. You have to search for your country if you also get one then it will be more beneficial for you. I can withdraw even 0.01 BTC to my bank account instantly.

raven7886

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Quote from: letyouearn2 on November 29, 2016, 12:30:19 AM

I use zebpay exchange portal . Its a Indian portal which give best rates above market place. If it is available in your country, you can give it a try.

Zebpay ? I personally never try it, hope this time I will try this, as I right now using Unocoin, giving a good service reliable and trusted bitcoin exchange platform, also taking very much transaction fees.
And one more thing I need to share here, the transaction time needed to cashout is less than 8 hours, once I sell in their portal it will reach my bank account in less than 8 hours.

Supercrypt

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Quote from: letyouearn2 on November 29, 2016, 12:30:19 AM

Its a Indian portal which give best rates above market place.

This must be a temporary benefits to Indian bitcoin users not a zebpay's special offer. Indian markets are trading in gap in upper side due to their recent government's regulations on their currency notes. I heard zebpay has services only for mobile phones, means they are not having desktop version.

hisuka

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Here in my country is an easy way to cashout my bitcoin.
There are many ways to cashout my bitcoin into fiat, like
bank, remittance center, and a bank 24 hrs to cashout
the money. Once I cashout anytime I can go to Atm machine.
So, there is no hassle, less effort, less waiting of time.

letyouearn2

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I use zebpay exchange portal . Its a Indian portal which give best rates above market place. If it is available in your country, you can give it a try.

mrcash02

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Quote from: Stedsm on November 28, 2016, 03:39:52 PM

I always go for localbitcoins because even when I need cash on hands, I have people easily available near my area which is cool.
But I just want to alert you guys about one thing, never fall for very higher prices which seem too good to be true, because they will only scam you and you might get robbed and will be left with nothing.

What do you mean by very high prices? I think you want to say low fees from the exchange, no?

It can be risk, if the exchange isn't knew and reputable. But I don't see any problem in using exchanges with low fees but that are very trustful and reputable. The best thing to do before use an exchange, is to search for feedbacks on google or here on forum, preferencially on your local board, if you uses a local exchange (from your own country).

Stedsm

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I always go for localbitcoins because even when I need cash on hands, I have people easily available near my area which is cool.
But I just want to alert you guys about one thing, never fall for very higher prices which seem too good to be true, because they will only scam you and you might get robbed and will be left with nothing.

chaser15

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Quote from: electronicash on November 26, 2016, 10:10:50 PM

Quote from: Mark02 on November 26, 2016, 07:47:34 PM

Quote from: bitbunnny on November 26, 2016, 03:36:41 PM

The price is good so the time is right to cash out your coins. My favorite way is either my trusted trader on localbitcoins or cash on ATM through Bitcoin debit card. But localbitcoins is more convenient because I can make transfer to my bank account easy and quick. Ther is also possibility to cash out through PayPay, Skrill or similar services but I don't like this options very much.

Yeah. Since the price now is high. Cashing out will be a good decision. Well my way in cashing out is that I am putting my bitcoin into my bitcoin wallet. Convert it into fiat. PHP to be exact since I live in the Philippines. I use Coins.ph wallet which is only applicable if you are living in Asia region. I cashed out using ATM thru my wallet. And That's it.

Sometimes coins.ph can mess up things. if you plan to cashout from them, do it a week aheadbefore the day you need the money onhand.
I use to sell my btc to them back when I learned they can send to my bank. but if you prefer the quickest, eGivecash is the best option.

Depends on the withdrawal type. As of now I didn't have a major encountered problem cashing out with them with various methods such as EgiveCash, Bank Transfer and Pera Padala. But agree, to avoid future problem about withdrawals, always do an advance request of withdrawals so that if ever there will be a problem, people can contact immediately the support.

And FYI for all PH users that using coins.ph, their support is online even on holidays so expect a response from them during that period.

Cereberus

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It's too early to sell your bitcoin. People who are in to just made quick money haven't really understood the bitcoin hottest value.

Hottest value of bitcoin is that in many so called "third world and even second world countries" it can make a big difference to someone's life, to someone's family life and so on. It can give you the option to open up a business in your country.

So my suggestions is to save it bitcoin for the longer run to be able to really benefit from it and not use it for just some quick cash.

If you want to sell your coins there are a lot of options, the best being able to sell it person to person(google all known risks and benefit of doing such thing) or to sell at localbitcoins.

Fireblade

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Quote from: frankmb on November 28, 2016, 07:54:38 AM

Here we have a couple of sites where I can sell btc directly and they transfer to my bank account, near the market price, not like localbitcoins.
There are some exchanges that can also transfer to a desired bank account but international transfers can take some time, and I use my btc debit card a lot since it's almost instant.

as there are a number of forum that can be use to cash out bitcoin, but it depending on their service either their service is available in your area or not, as in my area the the paypal service is not available, in my are the best form that we use for converting your bitcoin into cash is Urdu Bit. i am using this form for a long time and i found it every time trusted and reliable.

brutosBTC

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For me, on cashing out or withdrawing my money from my bitcoin wallet, I preferred to use directly my bitcoin wallet for payment to store or shop so the fee will be less for and worry not on handling money on my own pocket. Because I believe transaction fee will be the same, withdrawing the money by yourself or sending money to store or shop you preferred to use to. Just be secure on sending it to their account.
But then when the bitcoin users increases maybe there will be a chance that the fee of transaction on bitcoin will decreases, because the more users will be the more chance to have lesser transaction fee.

This is just my point of view.
Thanks, just respect.

jondeen707

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Quote from: yoona on March 21, 2016, 11:24:09 PM

Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?

Looks like localbitcoins is the best option for you.

frankmb

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Here we have a couple of sites where I can sell btc directly and they transfer to my bank account, near the market price, not like localbitcoins.
There are some exchanges that can also transfer to a desired bank account but international transfers can take some time, and I use my btc debit card a lot since it's almost instant.

hajimasan

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Quote from: yoona on March 21, 2016, 11:24:09 PM

Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?

The best way to cash out your Bitcoin in your local fiat money is localbitcoins.com because here it is not matter from which country you are .
Second way to cashout your Bitcoin is to find a trusted trader in your country , like I have Cool

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