What is the best way to cashout your bitcoin now? - page 9.

mrjoy15

hero member

Activity: 868

Merit: 504

Quote from: pinkpanther03 on January 16, 2017, 02:17:12 AM

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?

Cashing out your bitcoin is depending in the place or country you belong, if you have merchant there near you that accepted bitcoin it will be easy for you to cash out, but if you have no any merchant it will be hard to do it.

I thing same,A place or region where you live in hardly effect as a reason you should difficulties to find the best way to cashout your bitcoin.If you live in a region which supported bitcoin than it easy otherwise going to difficulty.For me buy-sell business better one to cashout my bitcoin.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: ubitcoin on January 02, 2017, 04:05:10 PM

I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually from not the actual price of bitcoin which is not profitable , using debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.

The fees of the debit card which the issuer take if you compare to exchanging through exchanger is a bit expensive, for a withdrawal through ATM it's sometimes taking about more than 2$ each transaction and if you're often withdrawing your money periodically then you will be faced with multiple fees, not so good if you want to be efficient on your bitcoin exchange activities.

pinkpanther03

hero member

Activity: 1092

Merit: 501

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?

Cashing out your bitcoin is depending in the place or country you belong, if you have merchant there near you that accepted bitcoin it will be easy for you to cash out, but if you have no any merchant it will be hard to do it.

ubitcoin

hero member

Activity: 686

Merit: 500

I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually from not the actual price of bitcoin which is not profitable , using debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.

whizter

hero member

Activity: 588

Merit: 500

Quote from: Supercrypt on December 23, 2016, 08:09:40 AM

Quote from: CODE200 on December 23, 2016, 01:22:46 AM

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.

I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.

in most of the areas still bitcoin is not accepted by banks, i my self sell my bitcoin on a forum in USD and then cash out in my fiat currency, but hope that in future we will be able to use banks directly for exchanging our bitcoin into our fiat currency.

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: BitcoinPC on December 24, 2016, 03:31:05 AM

I guess, your wallet that you are holding has the conversation that allow to convert your bitcoin to fiat one that you use, example the wallet I use to, there is an automatic address given to you for you to use to be converted directly to fiat currency then there is also given address to you for you use to store your bitcoin in bitcoin value. But so far better hold on to your bitcoin because it is still rising before cashing it out.

Which wallet do you use that allows you to convert straight from BTC to FIAT?

BitcoinPC

hero member

Activity: 812

Merit: 500

Quote from: marcuslong on December 22, 2016, 03:33:55 AM

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?

Exchange it to fiat money or if you don't mind fees then there are the better place for you or go to exchange
currency look for what you preferred to trade with your bitcoin. My better suggestion is hold your bitcoin till there are exchange
website that based on your country and sell them all.

I guess, your wallet that you are holding has the conversation that allow to convert your bitcoin to fiat one that you use, example the wallet I use to, there is an automatic address given to you for you to use to be converted directly to fiat currency then there is also given address to you for you use to store your bitcoin in bitcoin value. But so far better hold on to your bitcoin because it is still rising before cashing it out.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Supercrypt on December 23, 2016, 08:09:40 AM

Quote from: CODE200 on December 23, 2016, 01:22:46 AM

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.

I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.

its true because there are no bank will accepting bitcoin as other country in the world. but i think, for them, they can trying to cash out their bitcoin with third party service so they can make withdraw and change it into fiat. but for this option, we should choose only the good site and recommended site or person so we don't have to get bad experience.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: CODE200 on December 23, 2016, 01:22:46 AM

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.

I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.

KingdomHearts

hero member

Activity: 896

Merit: 514

there is a lot exchange available cash out your bitcoin with safest way but i prefer that localbitcoins exchange is very much trusted and popular exchange and a huge number of people buy and sell their bitcoin in any currency in your same location.

CODE200

sr. member

Activity: 1484

Merit: 323

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

Quote from: JeffBrad12 on December 21, 2016, 09:07:29 PM

Spectro was a worst place. Tongue

Did you try it? I am using an EUR plastic card from them for the past 6 months and I had 0 issues with them

marcuslong

legendary

Activity: 1036

Merit: 1002

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?

Exchange it to fiat money or if you don't mind fees then there are the better place for you or go to exchange currency look for what you preferred to trade with your bitcoin. My better suggestion is hold your bitcoin till there are exchange website that based on your country and sell them all.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

If your wallet site ciuld connect your wallet into a Visa card or Mastercard then it would reallt be easy or you could put it to dollar then withdraw to an account. Signing up an account is not that hard now just some ID even students can have one.

jhony99

newbie

Activity: 42

Merit: 0

lbc, spectro are good

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

I convert my bitcoin to cash and cash out it by selling it to my friend who buy and sell bitcoins, The rules is simple. I need to send my bitcoin first and then he will give the money by transferring it to my bank account or just giving it personally. I don't have any doubt to him because i know that he's a legit and trusted friend.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

The best way is like all of the ways was trusting and saving. I don't care about the peoples say about blablabla is better than other or something like that. I just care about my amount on the right road. The best way for me to cash out it on the trust and safe ways with the efficient method. Tongue

Quote from: MirkoIta on December 21, 2016, 08:22:42 AM

The best ways to cashout bitcoins in Italy (at least for me) are from Kraken with SEPA Transfer, ~~Spectrocoin with the BTC Debit Card~~ and with LocalBitcoins or trusted users in the Italian Local Board of this forum.

Spectro was a worst place. Tongue

Viakor

member

Activity: 104

Merit: 10

Quote from: prtty2gal2 on December 07, 2016, 06:44:46 AM

Honestly I have not tried to cash out my bitcoins so far. Rarely I do use my bitcoins but all of them are direct spending only. I have experience of spending bitcoin for gambling and trading and for some digital subscriptions. Maybe in future I will be getting bitcoin debit card to cash out my bitcoins. But I believe I always prefer to stay within direct spending alone.

I also do this, I'm right now keep them as long as possible to make as much as possible profit due to the fact that the price is increasing fast.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Just sharing something recent: right now, you can take advantage of goldmoney's 5% first deposit bonus when you buy gold with bitcoin.

You can then cash out the gold to your bank account via wire - depending on how much you buy, the 5% bonus will offset the transaction fee - leaving you with almost the correct value of btc.

If you're Canadian, the fee is almost negligible, meaning you even get a small bonus from cashing out.

MirkoIta

legendary

Activity: 1667

Merit: 1008

Stoned & Stranged

The best ways to cashout bitcoins in Italy (at least for me) are from Kraken with SEPA Transfer, Spectrocoin with the BTC Debit Card and with LocalBitcoins or trusted users in the Italian Local Board of this forum.

Topic: What is the best way to cashout your bitcoin now? - page 9. (Read 27916 times)