Where I can cash out bitcoin to fiat? - page 2.

RodneyKings

full member

Activity: 213

Merit: 103

Quote from: saedasda on January 02, 2018, 09:41:21 AM

Ive been thinking that if your are holding big amount of bitcoin and you want it to transfer to fiat where i can withdraw it without any problem

Depends on your location. In my country it is not advisable to withdraw a huge fiat amount in just one big blow because of anti-money laundering laws. If you can withdraw a portion every week I guess it is safe to convert it to fiat.

European Central Bank

legendary

Activity: 1288

Merit: 1087

tell us what country you live in. unless you do that no one can tell you anything. you might live in a place where selling is a couple of clicks away or it might earn you fifty million years in jail. no one knows until you supply more information.

CyberR.

full member

Activity: 154

Merit: 100

Quote from: saedasda on January 02, 2018, 09:41:21 AM

Ive been thinking that if your are holding big amount of bitcoin and you want it to transfer to fiat where i can withdraw it without any problem

If you are holding large amount of bitcoins, the safest way to cash them out is to find a buyer and deal with him face to face in person. Take some protection along, just incase that guy tries to rob you xD

If you don't want that, You can go to localbitcoins.com, a peer-to-peer bitcoin exchange which has an in-built escrow system so your money stays safe from being scammed. You can get good rates over there. Get your Bitcoins exchanged for money sent right into your bank. I have been personally using Localbitcoins for a while now and haven't had any issues.

Goodluck and Stay Safe.

saedasda

full member

Activity: 147

Merit: 100

Ive been thinking that if your are holding big amount of bitcoin and you want it to transfer to fiat where i can withdraw it without any problem

Topic: Where I can cash out bitcoin to fiat? - page 2. (Read 265 times)