Topic: What is the best way to cashout your bitcoin now? - page 13. (Read 27879 times)
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.
depends on where country are you at and for us filipino's we mostly do cashout in our own web wallet app since they have many choices on what cashout option we are going to use, and also i mostly use their cardless cashout option where we don't need to have an atm card to withdraw on selected atm machines and its instant with no fee charge to us.
just look up for what wallet available in your country so you can make ease everytime you request some withdrawal at them,
just look up for what wallet available in your country so you can make ease everytime you request some withdrawal at them,
Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Obviously, When you transfer the Bitcoins in your local currency , they will charge you particular amount to convert into your local currency. It is now because not many options are available to withdraw BTC into local currency.
Definitely, when transferring bitcoin or do cashout in fiat, there will
be a fee every transactions. For me I use egivecash of 24/7 of security
bank. This takes only minutes to withdraw bitcoin and exchange it
to fiat.
In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
it depends where your funds to land. You may cashout based on the country you reside in. You may turn them to fiat $s or Euros and try either via credit cards or wire transfers.
Credit card withdrawals are safe and also fast ..
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.
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
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.
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My suggestion is instead of cashing out by using an online exchange site, you should sell your bitcoins instead into cash. There are new people coming into the bitcoin world and they need some bitcoins so they can start trading, gambling, or investing. It's really hard to start in bitcoins if you're going to depend on faucets. This way, you can even earn some money by putting a transaction fee when someone buys bitcoin from you. Maybe 10-13%, it depends on you.
yes and i agree with you because if we cashing out by an online exchange site, the fee is really high and if we only cash below of 0.1, the money we've got is small but its different if we sell our bitcoin to other people. and my other suggestion is don't get to rush to cashing your bitcoin at least you should have 0.1 in your wallet then you can withdraw it or sell your bitcoin.
My suggestion is instead of cashing out by using an online exchange site, you should sell your bitcoins instead into cash. There are new people coming into the bitcoin world and they need some bitcoins so they can start trading, gambling, or investing. It's really hard to start in bitcoins if you're going to depend on faucets. This way, you can even earn some money by putting a transaction fee when someone buys bitcoin from you. Maybe 10-13%, it depends on you.
here in my country i often cashout my bitcoin through remittance center but i am not saying that this will be the best because there will the best option which is cardless withdrawal because not like in express pickup(remittance center) cardless withdrawal is instant, you don't have to wait 30 minutes before you can pickup your money on. i don't know if you are having these service or option in your country but if you do then that would be good for you.
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.
I am also having very less number of merchants accepting in my country, still I never prefer to cash out my bitcoins because I love saving them for my future.
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.
think bitcoin debit card
verifying your identity will not going to be a problem as long as you don't violate any government's rules,if you do something illegal then you might worried because it,i'd suppose you to not violating any rules especially with bitcoin,because bitcoin is actually not fully anonymous,anything could be traced.
Yes it is, if you do not have any illegal activities you do not have to worry. Those who are into fraudulent activities are being apprehended and under investigatons. Like for example in drug dealing, Hired killer etc.
In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
That is also the same in our country. The only bad thing about that is you have to surrender your identity to them. So the anonymous advantage of bitcoin is already ruined. But it is really quick to exchange your bitcoin to fiat. So if you are in need of money, it is just a few click and you got money in an instant.
Best way is to use your local bank's bitcoin exchange, of course if it don't has more higher fees than that shop you want to buy something. Another way is to use btc/usd exchange websites with low fees, also you can use UniPay if it's in your country, it has some fees but not much higher. And exchange without verifying your identify isn't possible as it was posted.
if there is any local bank for bitcoin exchange available then its fine but if there is not available, we need to search another option. i think the OP can visited on okpay.com because i see that on that site, many option we can choose for withdrawing our bitcoin and for withdraw into our bank account, it need 3-7 days like paypal. my suggestion is if you decide to use okpay.com then you need to verify your account.
In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
That is also the same in our country. The only bad thing about that is you have to surrender your identity to them. So the anonymous advantage of bitcoin is already ruined. But it is really quick to exchange your bitcoin to fiat. So if you are in need of money, it is just a few click and you got money in an instant.
Best way is to use your local bank's bitcoin exchange, of course if it don't has more higher fees than that shop you want to buy something. Another way is to use btc/usd exchange websites with low fees, also you can use UniPay if it's in your country, it has some fees but not much higher. And exchange without verifying your identify isn't possible as it was posted.
In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
That is also the same in our country. The only bad thing about that is you have to surrender your identity to them. So the anonymous advantage of bitcoin is already ruined. But it is really quick to exchange your bitcoin to fiat. So if you are in need of money, it is just a few click and you got money in an instant.
Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
In my opinion the best way for the cashout of bitcoin in the present time is only LBC.com but if we need to cashout directly from the shop then it is not possible for everywhere because bitcoin is not much published yet it needs more time to became famous . Jump to: