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Topic: What is your favorite way to cash out? - page 6. (Read 3167 times)

jr. member
Activity: 139
Merit: 1
The World’s First Blockchain Core
November 03, 2018, 10:45:12 AM
If you want to truth from me i didint cash out yet. I am fully in crypto last 1 years so i can not say anthing about that. But i have some friends and they are using their countries exchanges and they are selling their tokens directly in these exchange and they can easily take their money from these exchanges with money transfer.
But i dont like the banks because of that , dont want to cash out anymore. I want to spend my cryptocurrencies directly.
legendary
Activity: 3164
Merit: 1069
November 03, 2018, 10:45:01 AM
There are multiple of routes I take while withdrawing but for almost every one of them, the last point is a local trader.
I've made a contact list of local traders who deals with cash, bitcoins, paypal, skrill and likes. You usually get the best price from them.
copper member
Activity: 126
Merit: 0
November 03, 2018, 10:44:51 AM
It all depends on the country you are. In my own country there are online escrow platform where you can sell your coin and cash out in local currency. There are also Telegram and what'sapp escrow platforms but one must be very careful when using them.
member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
November 03, 2018, 10:41:03 AM
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
You can meet outside traders and two traders directly. Or find some OTC or P2P exchanges that allow trading between fiat and cryptocurrencies. I usually choose option 2 for fast and good liquidity.
jr. member
Activity: 157
Merit: 1
November 03, 2018, 09:58:23 AM
There is no favorite way, because I tried only one way. Always bring rubles using the exchange yobit. In the last year is very much began to strain large Commission, but the other way I don't know
member
Activity: 633
Merit: 11
November 03, 2018, 09:42:25 AM
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
Me, We has a local platform that can easily cash out our crypto, And easily to exchange on fiat and then cash out after all sessions. One thing, We don't need to cash out today to help the crypto market volume of demand to decrease. If we all sellers buyers will thinking twice because we dump the token.
jr. member
Activity: 140
Merit: 1
November 03, 2018, 09:35:23 AM
Hi, everybo dy.  :)I have a plastic card Skrill through it quickly and easily withdraw money. Cool
member
Activity: 420
Merit: 10
November 03, 2018, 07:38:38 AM
I use the most common exchangers that are offered on the Internet, because there is nothing better than just trying to withdraw small amounts in the most usual way on a card, everything is very simple.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
November 03, 2018, 07:30:25 AM
I think the favorite method used by the majority of crypto people is to do transactions directly through banks or mobile banking. In my opinion, this method is very common to use. But to be able to generate good income, you also need a strategy in selling it before you make the transaction.
Very common and is favorable to most of the crypto folks. It's very convenient and you can also monitor if your money already arrived to your bank account.

And when that happens, you can see it thru online and when you're good already with it, its withdrawal time.
full member
Activity: 462
Merit: 103
November 03, 2018, 07:29:12 AM
Yes, a good question should be displayed on the exchanges that work with fiat currency. But in order to output more quantity you need to first check if this method works. There are many exchanges in which such a conclusion is available, and all the different commissions and the time of receipt of money. I enter the bank card within an hour.
member
Activity: 90
Merit: 10
November 03, 2018, 05:43:01 AM
Here in the philippines, we use coins.ph to cash out our rewards from crypto works. After trading it into btc or eth, we are able to exchange it into our local currency. This is the easiest way for me.
I find it easier for me to use Bittrex to exchange the coins that I have because it's cheaper.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
November 03, 2018, 05:39:24 AM
In our local exchange there is a cash outmethod that I always use. It's free and fast, no extra fees or transaction fees
I cash the money that I've earned on an exchange too because it could be completed within 20 minutes.
member
Activity: 420
Merit: 10
November 02, 2018, 03:11:59 AM
My favorite way to withdraw fiat from crypto is selling it by OTC in my local town.
I am find people who want to buy crypto and send him my crypto, is the best way
jr. member
Activity: 448
Merit: 2
November 02, 2018, 03:09:04 AM
Every country have their own ways of cashing out of crypto currencies. In my opinion, the universal way is online exchangers or bots in telegram. Also exchanges are gradually introducing trading pairs with USD or EURO. If you do not want to withdraw money to the card, you can use payeer or qiwi account.
member
Activity: 532
Merit: 10
November 02, 2018, 02:44:21 AM
Here in the philippines, we use coins.ph to cash out our rewards from crypto works. After trading it into btc or eth, we are able to exchange it into our local currency. This is the easiest way for me.
legendary
Activity: 2186
Merit: 1213
November 02, 2018, 02:41:09 AM
Like this or not but almost all of the people on my country are cashing out this by exchanges crypto with our local currency. I hope that someday we can use this for everyday legal transaction, cause somehow I feel like blockchain are just a little bit fair system compared to the bank.

That's what many people want in crypto, but in my opinion the practical ability to legalize crypto in countries is quite difficult. Because there are many problems in crypto as well as the requirements of each government in the requested countries. The thing that I expect is the blockchain or ICO startup can make their dream come true
member
Activity: 267
Merit: 10
November 02, 2018, 02:37:48 AM
There are many OTC platforms. There are all kinds of encryption that can be converted into legal tender. Like https://localbitcoins.com/

legendary
Activity: 1610
Merit: 1008
November 02, 2018, 02:32:47 AM
I use the exchange to withdraw cash directly to my card account, in our country there are several such exchanges that provide this service, it is quite convenient and good.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
November 02, 2018, 02:09:24 AM
In my country most of us are using localbitcoin or P2P exchanges to cashout. Some local exchange do allow to cashout directly to the bank, but the amount should be small. It is tough nowdays as  there's currently no local bank which will aloow to cashout.
full member
Activity: 504
Merit: 107
November 02, 2018, 01:25:00 AM
There's currently no local bank who provide a withdrawal for any cryptocurrencies, but there are some local crypto exchangers available in my country to make a deposit into our bank account within 1-3 work days so it's pretty convenient for me.
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