What is the best way to cashout your bitcoin now? - page 12.

xuan87

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Quote from: coynedterm on November 28, 2016, 06:56:04 AM

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?

Actually it is not easy at the present time Because of the lack of user of Bitcoin in the real world so I will suggest you to offer you buy/sell rate at Bitcoin and secondly secondly make your own site to make online shopping with and without Bitcoin .

At the moment we don't really have much option, like everybody says it is better to shop it online so your bitcoin doesn't get too much discount, in my country I only have one local exchanger that directly transfer to my bank account and it cost 1% of my bitcoin value and plus i need to pay the transaction fee, but at the moment I don't have any option but to pay it

coynedterm

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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?

Actually it is not easy at the present time Because of the lack of user of Bitcoin in the real world so I will suggest you to offer you buy/sell rate at Bitcoin and secondly secondly make your own site to make online shopping with and without Bitcoin .

kidoseagle0312

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Quote from: shintosai on March 22, 2016, 12:19:44 AM

localbitcoin will be match better and also a hassle free it will be depend on your deal, i also do it thru bank transfer though there's some percentage but it is an easily transfer transaction no need to go the itself if you do set up your bank account.

Yes it is true and correct, on this advice or in this topic we bitcoin enthusiast want a convenient and hassle free. But in my country from the exchange trading platform I'm withdrawing from there then transfer it to the merchant I had it here in my country before I en cash it through remittance outlet were I near.

electronicash

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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.

deadsilent

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You can use localwallets. Some localwallets has a function which you can exchange you bitcoin to cash through money transfer. Just search for local wallet. Here in my country, we have one local wallet which i can convert my btc into cash. Also i can pay bills through it. Its very useful to me.

Mark02

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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.

Babayega31

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Quote from: iram3130 on November 26, 2016, 01:00:04 PM

It's a great time to sell BTC for real money in my country and there are many ways to get real money here. I have already sold almost all of my BTC and made much money.. Grin

This month of november until december is the best time to cash out your bitcoin because price is higher compared from previous months due to peak season. Last few days i've cash out my bitcoin from my online wallet, first thing is convert the btc value you have in the btc wallet to your country currency and its converted immediately. After the conversion go to cash out option and select the cardless atm withdrawal and you are given instructions on how to claim you real cash money all the details will be send to your e-mail and mobile #.

bitbunnny

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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.

hawkins

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to make my bitcoin to cash out, I always ask for a friend of mine who has a job becomes exhcanger on facebook. Well, I have berkai times asking him to redeem bitcoin I have had in the form of currency which country I use, and until today, people are still reliable. however, he only redeem the existing currency in my country with bitcoin

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It's a great time to sell BTC for real money in my country and there are many ways to get real money here. I have already sold almost all of my BTC and made much money.. Grin

zero1ten

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In my country there are quite a number of ways to cashout bitcoins and it just depend on what option you wanted but the most usual is via direct bank transfer or via money transfer like western union. You can cashout through cardless atm as well which is relatively convenient.

PokerFace3

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Quote from: JeffBrad12 on November 20, 2016, 07:49:20 PM

Quote from: PokerFace3 on November 19, 2016, 08:51:09 AM

Quote from: kidoseagle0312 on November 19, 2016, 05:07:05 AM

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?

In my country, there is only one merchant site who accepted bitcoin which is coins.ph so every time I earned bitcoin I put all of it in that sites then I hold it there for awhile and keep it until right time comes to sell it.

Why not you go for bitcoin debit cards which are proven handy for the people who are having very less number of bitcoin accepting merchants. By the way why you people are not thinking about saving Bitcoins and using them in future instead of cashing out whenever you earn some bitcoins ?

Can you calculate about how many the amount just for paying to withdraw fees from a debit card?Even the costs by use the debit card were including the high level. Spectro also was becoming the outstanding example for us.

I agree fees associated with bitcoin debit cards are really high compared to other methods of cashing out bitcoins. Still by considering, the real benefits of bitcoin debit cards (like no bitcoin accepting merchants in your town) we need to bear those fees.

I believe instead of paying big 20% to 25% fees to your local exchangers, going for bitcoin debit cards must be cost effective.

myparentsdisownedme

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you can probably just use coinbase or something like that, theres not a ton of options though

btcdiggingmaster

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I hope you have to find an exchange in your country where they exchange from bitcoin into your own local currency, now many countries have their own exchanges where you can convert your bitcoin into your local currency with low fee. Better find one your locality.

raaajlucky

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Quote from: Wintersoldier on November 23, 2016, 07:21:58 PM

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?

Is suggest, cash out it through your atm card. On mine, cashouting money through atm card don't give me interest.

The cards are available in all country or only in limited countries Because I am exchanging my BTC to local currency through one third party company they are taking 10% on my every transaction. If you can please share the country names, thank you.

traderethereum

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Quote from: Hellacopter on November 20, 2016, 05:57:17 PM

There is some exchangers online provide their debit cards , like Xapo , Coinbase and E-coin, you can request this card and withdraw your bitcoins simply by any atm in your country

i think xapo is a good solution since i know xapo itself don't have a fee when we want to sending the bitcoin, but for the cards i don't know and i hope the cards is charging for small fee.

btw, e-coin.io is rebranding their services and change into wirexapp.com but i am not sure for this, maybe later i will order their debit cards to know more.

wxa7115

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If time is not of essence you could open an account on localbitcoins and sell bitcoin for a smaller premium, that way you will convert your bitcoin to fiat and instead of losing you will win a small profit in the process.

Wintersoldier

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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?

Is suggest, cash out it through your atm card. On mine, cashouting money through atm card don't give me interest.

el kaka22

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Quote from: Text on November 21, 2016, 10:33:21 PM

Quote from: Pearls Before Swine on November 21, 2016, 10:09:04 PM

I'm not new to the bitcoin world, though I'm new here. I'm thinking of wanting to buy coin from someone face to face next time I do it. Governments are watching all of this, and you can be sure of that. Don't trust the exchanges and PayPal. Everyone sees what you're doing and none of us here like that. don't want a gun pointed at me, though.

As long as you are not using bitcoins on illegal activities then probably there would be no problem.
Face to face transaction is the easiest way of local transaction, there's a sticky thread here in the forum that gives a lof of tips on how you can have a secured and safe transactions.
We use our local exchange for paying bills and mobile recharge so I don't see any reason for getting in jail.

Yes, selling bitcoins into your local exchanger must be the right option to cash out our bitcoin easily with peace of mind. But for the first time, we should start with the least amount so that the risk will be minimum. Also we must form some group with our friends for frequent buying and selling bitcoins so that it will always go in a reliable way.

Text

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Quote from: Pearls Before Swine on November 21, 2016, 10:09:04 PM

I'm not new to the bitcoin world, though I'm new here. I'm thinking of wanting to buy coin from someone face to face next time I do it. Governments are watching all of this, and you can be sure of that. Don't trust the exchanges and PayPal. Everyone sees what you're doing and none of us here like that. don't want a gun pointed at me, though.

As long as you are not using bitcoins on illegal activities then probably there would be no problem.
Face to face transaction is the easiest way of local transaction, there's a sticky thread here in the forum that gives a lof of tips on how you can have a secured and safe transactions.
We use our local exchange for paying bills and mobile recharge so I don't see any reason for getting in jail.

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