What is the best way to cashout your bitcoin now? - page 17.

n691309

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Quote from: yoona on March 21, 2016, 10:24:09 PM

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

I think that the best way to cashout your bitcoins is finding someone locally near you and selling to him/them personally, every exchange takes fees even though if you use bitcoin debit card or anything else.

techgeek

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Everyone is mentioning a local option which you should take.

But if youre not asking for a immediate action which can wait for 2 business days for the same rate, then do cash in mail or cash deposit.

Eventually if its a regular thing, create a partnership with that supplier.

Bitcoinrider

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Quote from: Bitcoinrider on March 22, 2016, 08:59:24 AM

What is the fastest way in cashing out bitcoins?

Quote from: Herbert2020 on March 22, 2016, 12:05:35 PM

the best option is always selling it locally, you can use the popular site like localbitcoins or depending on your country you might find better offers in your country by googling or searching on some other forums related to your country. taking cash or receiving the money directly to the bank is options to think about.

Thanks Herbert I got it.

Herbert2020

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the best option is always selling it locally, you can use the popular site like localbitcoins or depending on your country you might find better offers in your country by googling or searching on some other forums related to your country. taking cash or receiving the money directly to the bank is options to think about.

Bitcoinrider

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What is the fastest way in cashing out bitcoins?

BitMaxz

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Quote from: ivanst776 on March 22, 2016, 07:49:06 AM

Quote from: BitMaxz on March 22, 2016, 04:08:04 AM

If you are looking for exchange you can try here https://perfectmoney.is/business-partners.html
You can find the best exchange site their just choose high trust score with below fee or rate..
I hope it helps..

but this post is about cash out bitcoin. are the perfect money exchanger accept bitcoin or not? if yes then it would be a good Idea. because perfectmoney is a trusted source and it's partners also would be trusted. so we can trust them to cashout our bitcoin

You can click the link and you will see the list of business partner that you can convert bitcoin into usd just choose any business partner there that has high trusted score so that you are far in scammers... almost 1 year i use perfect money partners to convert my bitcoin into usd and withdraw it via moneygram..
The one of my favorite exchanger there to convert my bitcoin into perfect money funds(usd) is changer.com its a high trusted score in the list but now i don't see this site on perfect money partner list..
But you can try with your self just make sure you start with small amount .. before you start convert high amount to know they are still legit or you can also email the support or chat them to know if the site is still active..

ourepts

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localbitcoins is not only about cash in hand, you can receive wires or other payment method s also see paxful pretty much the same as lb but with more payment options.

RealPhotoshoper

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Quote from: yoona on March 21, 2016, 10:24:09 PM

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

cash out bitcoin are depending how you need it,if you need cash money,so the best choice is trade it to cash money,and if you need paypal,just trade it to paypal,so the best choice is what you need.

alyssa85

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Quote from: NorrisK on March 22, 2016, 02:09:47 AM

I always use Kraken exchange for my cash outs.. It is one of the most reliable exchanges out there with a solid reputation. In addition it only charges the trading fees and you get the market price for your coins.
When withdrawing they charge a very small fee for a SEPA withdrawel, atleast in the EU. I don't think you can get it much cheaper than this method anywhere.

Unless you are ofcourse willing to go and trade it face to face with someone, than you might even be able to make a premium on your coins by charging the buyer over market price, but this involves a small risk and takes way more time. So unless you are willing to do something like that, I'd use Kraken.

Finally, in the Netherlands we have services like bitonic that allow buying and selling of you coins directly through your debit account. If you are selling you just send the coins and within a few days you have the cash. This does cost a few % on market price though, so I wouldn't recommend it unless you need the cash desperately.

This. If you are in Europe, use Kraken's SEPA withdrawal. The fee is minimal, something like 9 cents.

If you are in the US, use Coinbase or Circle.

ivanst776

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Quote from: BitMaxz on March 22, 2016, 04:08:04 AM

If you are looking for exchange you can try here https://perfectmoney.is/business-partners.html
You can find the best exchange site their just choose high trust score with below fee or rate..
I hope it helps..

but this post is about cash out bitcoin. are the perfect money exchanger accept bitcoin or not? if yes then it would be a good Idea. because perfectmoney is a trusted source and it's partners also would be trusted. so we can trust them to cashout our bitcoin

lottery248

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beware of your keys.

for me, i do not recommend to use the ATM nor the debit card, they have a high amount of fees which is not in need.
for the best way, i would recommend for spending the bitcoin directly, so unneccessary transaction fees can be easily avoided.
you will need to verify your identity if you wanna use the cashout except the such ATM.

Denker

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You can sell your coins on exchanges and send the funds to your bank account.
You can sell via local markets like localbitcoins.
You can buy stuff with purse.io for a discount, and then sell that stuff again for a little profit on local markets.
There are plenty of options available for you.

BitMaxz

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If you are looking for exchange you can try here https://perfectmoney.is/business-partners.html
You can find the best exchange site their just choose high trust score with below fee or rate..
I hope it helps..

richmcrich

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The best and easiest way to cashout bitcoins is undoubtedly to use an exchange and withdraw to USD directly or using another method like localbitcoins.

Jet Cash

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Well for me, sports betting

NorrisK

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I always use Kraken exchange for my cash outs.. It is one of the most reliable exchanges out there with a solid reputation. In addition it only charges the trading fees and you get the market price for your coins.
When withdrawing they charge a very small fee for a SEPA withdrawel, atleast in the EU. I don't think you can get it much cheaper than this method anywhere.

Unless you are ofcourse willing to go and trade it face to face with someone, than you might even be able to make a premium on your coins by charging the buyer over market price, but this involves a small risk and takes way more time. So unless you are willing to do something like that, I'd use Kraken.

Finally, in the Netherlands we have services like bitonic that allow buying and selling of you coins directly through your debit account. If you are selling you just send the coins and within a few days you have the cash. This does cost a few % on market price though, so I wouldn't recommend it unless you need the cash desperately.

bitbunnny

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I would recommend localbitcoins. The best way is to find someone from your country there then you can easily agree everything. It works the best for me.

electronicash

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Don't you guys have something like coins.ph in your country?
We have this site which we can cash out our btc going to our banks and local remittance services. it does the job well for certain amount to pay to which transactions are processed in a day.

Kakmakr

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Why do you want to cash out? Rather spend it in it's current form at shops and online merchants accepting Bitcoin as a payment method. The difference between fees at exchanges and the increased cost, if you buy from people on Localbitcoins are the same, so the best method to avoid the fees, would be to spend it. You could signup with Purse.io and even get discounts on your purchase. You make it sound as if you gambled with Bitcoin and
now you want to cashout.

Topic: What is the best way to cashout your bitcoin now? - page 17. (Read 27916 times)