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Topic: What is your favorite way to cash out? - page 18. (Read 3158 times)

full member
Activity: 198
Merit: 100
In my country we can cash back direct transactions via bank and mobile banking.
newbie
Activity: 8
Merit: 0
I usually convert assets to BTC and then sell direct to a person.
In my city there is also an exchange I'll use once in a blue moon when I feel like losing 8-10% of the current price.

I'm curious what =https://trade.io/Trade.io will provide for cash out options...
full member
Activity: 588
Merit: 100
My favourite way to cash out is yobit exchange. I can withdraw money there on advacash and they I send directly to my card.
In this case I lose like 4-5% and it is ok for me. So that's easiest way for me and moreover rates are higher there
earlier I used the method of outputting Bitcoin to Webmoney, but since there are some problems today, I use the bestchange method to issue a visa or MasterCard.Nevertheless, the latter option is better, because it allows you to exchange most of the rating crypto currency for the resource you are interested in.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
Hi there! As for me, it's yobit. straight to bank card. At least commision isnt that too much as on other platforms. Decetralization... as it is!
full member
Activity: 225
Merit: 100
Augmented Reality World Discovered
My favorite way to cash my cryptocurrencies would be through Bitcoin ATM, they work similar as a standard ATM works, only you are giving cash to buy Bitcoins or you sending Bitcoins to the machine address and you get your deserved cash out.
But the fees is about 5%.
full member
Activity: 671
Merit: 103
Moni
My favourite way to cash out is yobit exchange. I can withdraw money there on advacash and they I send directly to my card.
In this case I lose like 4-5% and it is ok for me. So that's easiest way for me and moreover rates are higher there
legendary
Activity: 1424
Merit: 1008
My all time favorite way to cash out with localbitcoins to my bank account or directly cash deal and one way is  though neteller to my bank account, I am going that cash out ways for last 3 years with any problems.
newbie
Activity: 52
Merit: 0
Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley

Avoid Bank because of Tax. From dealer or friends.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley
I have not cashed out any of my bitcoin holdings simply because I believe in it and I'm waiting for the day I can use cryptocurrencies everywhere I go, but if I had to do it because I really needed that money for something important I will use localbitcoins and do a face to face trade, many people do not like those kind of trades because they fear that someone steals their money but if that was not really an option it seems there is a bitcoin ATM close to me so I could use it and withdraw my money in that way.
member
Activity: 84
Merit: 10
i used eco visa card to withdraw crypto money. unfortunately they restricted the card for my region. but there are some exchanges you can verify your visa card and withdraw money directly to your bank account. trading with a local buyer is my favorite way to cash out .
full member
Activity: 434
Merit: 100
in our country, the most convenient for me personally is Bankerbot in Telegram.
I will send a link to avoid getting caught by scammers
http://telegram.me/BTC_CHANGE_BOT?start=152571868ssAffiliate
Easy and quick rating system
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
i preferably use localbitcoins.com oldest and safest bitcoin escrow based transaction site we can sell bitcoins at the best price without banking security

this is the best places that I used so far and I don't have any problem with this site and besides that, I have a good seller that will help me in every time I want to cash out. his fee is not too high and I think it's a normal fee. so far, I am happy to make deal with him and besides of using localbitcoin.com, I also use my local friend services which helps me to cash out and both of them is a good service that I've ever met.
jr. member
Activity: 143
Merit: 1
In Australia we need to provide identification to be able to cash out to our bank accounts via a method called B-pay, which is free. The government does track the money movements and we get taxed on it so I like to time cash outs to happen based on my income for the year to minimise tax obligations. Also waiting for the day when we can actually spend our ETH directly so no need to cash out
member
Activity: 287
Merit: 10
i preferably use localbitcoins.com oldest and safest bitcoin escrow based transaction site we can sell bitcoins at the best price without banking security
newbie
Activity: 154
Merit: 0
I'm never looking for difficult ways. I just look with the help of Google where the most advantageous currency exchange rate and there I conduct the operation!
full member
Activity: 630
Merit: 104
i prefer to use Bitstamp and then to my bank account. But Localbitcoins i think is the best opiton and i will probably try it.
newbie
Activity: 58
Merit: 0
first making cryptocurrency exchange iobit. next, I put the money to qiwi wallets, and kiwi are scattered the cards credit cards
member
Activity: 294
Merit: 10
For the best way to cash out is Direct transactions via bank and mobile banking. For a small amount. for big amounts I would like to use via bank. Bank is for big amount to cash out. Thank you ..
member
Activity: 224
Merit: 10
Can we talk about services? I like localbitcoins because in my country transaction made in seconds. And they have the best system to cash out. Because transaction confirmation and good prices
member
Activity: 224
Merit: 31
Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley

Well i think how you cash out would be largely circumstantial on your own situation.
If you have made extremely large amounts of money it could for instance be wise to move to a low tax country before cashing out for instance.

If you are talking about trading than i have found that cashing out 30% of the profit from each trade into Fiat is generally good risk management. It can be used to cover your taxes (assuming you are paying them) and also ensures that you have money on the side to re invest whenever markets dip or crash. It also helps to eventually diversify into some safer/traditional assets.

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