What is the best way to cashout your bitcoin now? - page 7.

royalfestus

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Quote from: romero121 on January 31, 2017, 12:16:34 AM

Quote from: royalfestus on January 30, 2017, 11:57:11 PM

Quote from: kidoseagle0312 on January 30, 2017, 11:31:25 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?

I think that would be depend on the country you belong. Due to not all country had the same way of accepting the concepts of bitcoin. Like here in my place we had rebit.ph where we can cash out our bitcoin anytime we want.

The country determines the cash out methods readily available and the security level of any of the methods you want to engage. Some methods transaction fee are also cheaper than the others, consider these

Each trading and exchange websites have varied price, we need to select the highest one to profit more.

I dont understand what you mean?

sukamasoto

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Quote from: ArdiPrabowo on January 31, 2017, 12:14:56 AM

ussualy iam cashout my income in bitcoin iam cashout to local exchanger to local fiat money my country
so can use buy something in real life
60% to cashout, 40% to reinvesment, trading , buy altcoin or hold my bitcoin

Great decision to cashout from local exchanger since the fee can be adjust based on where do you live.
Every country have their own fee so they can't be compare

Dudeperfect

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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?

Purchasing anything from the psychical shop might be costlier at the moment as compared to that of fiat purchases but I have seen that some sites such as purse.io are giving 10% to 15% discounts to make purchases using bitcoin and they are linked to amazon (probably indirectly) so have you tried that method? I haven't tried it yet but it seems that it is a good option to cash out bitcoins.

ethereumhunter

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Quote from: kidoseagle0312 on January 30, 2017, 11:31:25 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?

I think that would be depend on the country you belong. Due to not all country had the same way of accepting the concepts of bitcoin. Like here in my place we had rebit.ph where we can cash out our bitcoin anytime we want.

it is good if we have exchange sites that allow us to cashout our bitcoin and receive local fiat, i think this is happen in many country, as long as in that country have people which use bitcoin, i am sure that they will help other people to cashout their bitcoin with fiat because this business is really potential to do, we can take the profit by the difference of the price.

romero121

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Quote from: royalfestus on January 30, 2017, 11:57:11 PM

Quote from: kidoseagle0312 on January 30, 2017, 11:31:25 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?

I think that would be depend on the country you belong. Due to not all country had the same way of accepting the concepts of bitcoin. Like here in my place we had rebit.ph where we can cash out our bitcoin anytime we want.

The country determines the cash out methods readily available and the security level of any of the methods you want to engage. Some methods transaction fee are also cheaper than the others, consider these

Now while converting to fiat most of the trading websites provide the transaction fee, so that it doesn't need to be considered. Each trading and exchange websites have varied price, we need to select the highest one to profit more. At the there are few licensed exchange and trading website, to enhance high security its better to make trade with those.

ArdiPrabowo

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ussualy iam cashout my income in bitcoin iam cashout to local exchanger to local fiat money my country
so can use buy something in real life
60% to cashout, 40% to reinvesment, trading , buy altcoin or hold my bitcoin

royalfestus

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Activity: 2436

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Quote from: kidoseagle0312 on January 30, 2017, 11:31:25 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?

I think that would be depend on the country you belong. Due to not all country had the same way of accepting the concepts of bitcoin. Like here in my place we had rebit.ph where we can cash out our bitcoin anytime we want.

The country determines the cash out methods readily available and the security level of any of the methods you want to engage. Some methods transaction fee are also cheaper than the others, consider these

kidoseagle0312

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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?

I think that would be depend on the country you belong. Due to not all country had the same way of accepting the concepts of bitcoin. Like here in my place we had rebit.ph where we can cash out our bitcoin anytime we want.

justdimin

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Quote from: davids on January 25, 2017, 02:43:34 AM

sell them at local exchange is a good option. you can cash out btc to local fiat with low bank transfer

Yeah, I agree when you want to sell your bitcoin and exchange them to fiat the best option is to find a local who is willing to buy them, but also you can find someone who is willing to send you money via MoneyGram or western union which are ways of sending money all over the world.

PokemonFun

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You can send your bitcoin to your paypal to withdrawal your money,you can also sell your bitcoins on bitkonan.I sell always on bitkonan because fees are close to 0% on selling bitcoin to $ and when you send on bank account you have almost the same value of bitcoin what is really perfect.Bitkonan is for more more easy site for use then localbitcoins or any other site for trading bitcoins and cashout bitcoins.I dont know can we cshout also directly via every bitcoin wallet or we cant I must check that and then I will write you here in topic this info because I really want help you.I have also so many questions about a bitcoin any many pupils helped me a lot here in this really great bitcoin forum.

bitllionaire

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Quote from: burner2014 on January 24, 2017, 11:39:40 AM

Whenever I received my payment in the signature campaign and with investment site I am just withdrawing the 70% and hold the 30% so whenever I want to have a daily trade I have a ready bitcoin in my wallet to use anytime I want. I see to it that I have bitcoin on hand always so it won't hassle for me.

yes that is a good idea. as i have invested a lot of my fiat in bitcoin for trading in alt coin. so i mostly invest my bitcoin in trading, but the income that come from a signature campaign i usually use as my pocket money, i usually it it for my mobile refill, over all i will like to say that bitcoin is really giving me a good profit and it really solve most of my financial problems.

davids

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sell them at local exchange is a good option. you can cash out btc to local fiat with low bank transfer

Kasabus

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Quote from: burner2014 on January 24, 2017, 11:39:40 AM

Whenever I received my payment in the signature campaign and with investment site I am just withdrawing the 70% and hold the 30% so whenever I want to have a daily trade I have a ready bitcoin in my wallet to use anytime I want. I see to it that I have bitcoin on hand always so it won't hassle for me.

Good move mate, never let yourself run out of bitcoin balance, there plenty of opportunities online so once we spot it we are ready to spend for it. I have my bitcoins because I also want to spend it in gambling on a regular basis and I don't want to skip a day because I miss to deposit.
In terms of cashing out, I have my local exchange and it is very easy to do it, it will come instantly and I will just withdraw it in ATM.

viking02

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What about for US people?

burner2014

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Whenever I received my payment in the signature campaign and with investment site I am just withdrawing the 70% and hold the 30% so whenever I want to have a daily trade I have a ready bitcoin in my wallet to use anytime I want. I see to it that I have bitcoin on hand always so it won't hassle for me.

MMA

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Quote from: dothebeats on January 22, 2017, 02:02:46 PM

Local exchanges, but on my verification limit it will only allow me to cash out $40,000 at most per annum, which I think is a bit low considering that I have provided every single bit of information needed for me to be verified on their service but oh well, I don't even see myself cashing that amount in just a single transaction anyways. Also, we do have a verified and trusted businessman in here who does exchange bitcoins no matter how many bitcoins it is for cold, hard cash. Been utilizing his services for months and he's a very trusted person in the bitcoin community here in our country.

yes local exchanges are good option but still i do not cash out a big amount at a time. i mostly try to cash out a limited amount there is always a chance of exchange to be hacked therefore i most cash out suck amount that i need to cash out. i also spend most of my bitcoin through online shopping. even refill my mobile using online service directly through bitcoin.

OrangeII

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localbitcoin is one exchanger reliable that I know. Well, I always redeem bitcoin I have with the existing exchanger in my area, so I can immediately exchange it into the form of fiat without hassles, and I think it is a very easy way.

bitcoinmasterlord

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Quote from: Ewinsane on January 23, 2017, 11:23:16 AM

Quote from: bitbob82 on January 21, 2017, 05:45:03 PM

Quote from: burner2014 on January 18, 2017, 07:04:34 PM

Anytime I do have my bitcoin earnings what I do is I actually withraw 80% of it and retain the 20%. We do have a local exchange where we can encashed our bitcoin anytime and we can choose whether we wanted to wirhraw thru a bank, or any remittance center it ia up to us.

in fact everyone has their own choice, there are so many exchanges which providing you opportunities to exchange your bitcoin into your local currency, to me i am using urdubit.com that really give me opportunities to sell my bitcoins in a good price.

Yeah you are right there is many exchange to cash out your bitcoin earning and there is localbitcoins exchange is much more popular for cash out your bitcoin in to fiat and urdubit.com is not using in my country.

Now in all country, we have bitcoin exchange companies they will buy your coins for local currency, and you will get you cash through a bank or any other wallets. So just google it you will get a number of sites information choose the best one and exchange your coins. Or else share your country details someone will help you out.

Ewinsane

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Quote from: bitbob82 on January 21, 2017, 05:45:03 PM

Quote from: burner2014 on January 18, 2017, 07:04:34 PM

Anytime I do have my bitcoin earnings what I do is I actually withraw 80% of it and retain the 20%. We do have a local exchange where we can encashed our bitcoin anytime and we can choose whether we wanted to wirhraw thru a bank, or any remittance center it ia up to us.

in fact everyone has their own choice, there are so many exchanges which providing you opportunities to exchange your bitcoin into your local currency, to me i am using urdubit.com that really give me opportunities to sell my bitcoins in a good price.

Yeah you are right there is many exchange to cash out your bitcoin earning and there is localbitcoins exchange is much more popular for cash out your bitcoin in to fiat and urdubit.com is not using in my country.

dothebeats

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Local exchanges, but on my verification limit it will only allow me to cash out $40,000 at most per annum, which I think is a bit low considering that I have provided every single bit of information needed for me to be verified on their service but oh well, I don't even see myself cashing that amount in just a single transaction anyways. Also, we do have a verified and trusted businessman in here who does exchange bitcoins no matter how many bitcoins it is for cold, hard cash. Been utilizing his services for months and he's a very trusted person in the bitcoin community here in our country.

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