Topic: What is your favorite way to cash out? - page 27. (Read 3142 times)
Still I don't know the best way to cash out crypto. Can anybody advice me profit way to get fiat money?
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.
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.
In my country (Denmark) Coinbase is very good. 2 days then money is on bank account. I sale at gdax limit sale then no fee.
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.
I would clearly prefer to buy everything directly with Bitcoin, but that's just not possible in my country. If I buy electronics I do pay directly with BTC, for the rest I have to use cash.
I don't like local bitcoins or face to face trade, since I have low trust in people.
I don't like to cash out via exchange to bank account because there were too many complaints about bank account closed for "suspicious activity" because of Bitcoin trading. I also don't like to cash out too much in one shot.
The options remaining are quite limited. The remaining "favorite" is Bitcoin cards, which I can use for the daily needs. Just, as you maybe know, those are also not really working nowadays.
I like to buy Bitmain miners or random stuff online with Bitcoin and then sell these items for cash locally. Buying Bitmain miners will even net you an additional 50-60% on your investment; sometimes even more!
Of course this option would require patience but pretty much whenever miners popup on Bitmain, I'll buy a few to convert to cash or add to my own mining!
Of course this option would require patience but pretty much whenever miners popup on Bitmain, I'll buy a few to convert to cash or add to my own mining!
Cash on hand,have few buyers that i am working with for more then a year so and they dont have to bother with opening new accounts on exchanges or trading in the first place.They just tell me what to buy for them and i sometimes help them with wallet setup,its a good thing for me becuase i am outside eu and cant use sepa but also this way i dont have to pay taxes
I transfer money to WebMoney BTC-wallet. Then, I bring out in the currency I need or pay for purchases from my wallet.
What is this 'cash out' option? I thought EVERYONE
HODL
HODL
Exactly
I used to use bestchange.ru, now I use exmo.com, where I can withdraw money. I'm quite pleased with the service of this exchange.
I used bestchange.ru it, but there all the exchangers have high interest, I'll try exmo.com. Thank you. What is this 'cash out' option? I thought EVERYONE
HODL
You can also purchase more of a token or invest in an ICO through your wallet. The wallet manages your TKN, the official token of TokenCard. This feature can also be used to send and receive money in a secure and quick way. HODL
I do this: I change the cryptocurrency on the exchange to Bitcoin or Ether. And I transfer them via Internet banking to a card. But small amounts.
In my country , i only know 1 way of converting my bitcoins into fiat currency . But it has a cap per year , month , day . It kinda sucks , tho we currently dont have regulation about virtual currency i have really no choice but to stick with the only way to get my hard earned $$ . The max cap per day is about $1000 , and $8000 yearly . Kinda sucks right ?
I hope that someday more ways of converting my money will emerge in my country
I hope that someday more ways of converting my money will emerge in my country
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.
I take my crypto currency on the epayments card! I really like this payment service. In the first, the commission is small, in the second I pay for goods and services, and I also withdraw from the ATM. 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.
there are many way to cash out.....i like mostly mobile banking and i have also a bank account.
Check from goggle what platform of exchange work for your country,I use remitano a peer to peer exchange,its quite very fast to turn my coin to fiat.
I cash out through coins.ph. Its the most demand platform in our place. And I can get my money through bank or remittance centers. So far, I've been cashing out in the bank. Its so amazing to withdraw money in an atm without a card. Everything is just so digitalized.
I used to use bestchange.ru, now I use exmo.com, where I can withdraw money. I'm quite pleased with the service of this exchange.
I know from friends that it is enough just to withdraw from the crypto into Fiat, but a large commission is taken and all transfers must be made in small amounts so as not to attract the attention of the tax authorities. but who will say that this forum does not have people who work in controlling structures, and reading our communication keep an eye on everyone)))
My local bitcoin exchange center is the best for me. It is the biggest exchange in my place. I avoid using bank transfer because it may pose problems for me as some of my colleague complain that their banks are asking too many questions where they got there money. So sad.
In my country there are two ways to cash-out my bitcoin by using "coins.ph" wallet. Coins.ph wallet are supported by many banks and remittances I can choose what i want use to cash out my bitcoin but I prefer to use security bank for cash-out because it's less fee, unlike remittances they always request for payment before I cash-out my money.
For mass adoption - this is THE issue. I'm all about the debit card and like the friend idea.
Jump to: