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Topic: Withdraw Bitcoin (Read 490 times)

hero member
Activity: 868
Merit: 535
December 11, 2017, 03:34:26 AM
#28
How do we withdraw btc.can we use paypal?

No! You can't! There is no direct way to withdraw bitcoin like this is some sort of electronic money you have in your paypal. Bitcoins are completely different from electronic money and you cannot just withdraw it. It is like a foreign currency, you need to find someone willing to buy your foreign currency at the price you want. In this case, you need to find a local person that would buy your bitcoins from you, the payment method should also be arranged like bank transactions, cash in person, paypal credits (extremely dangerous and would likely result to a lot of scams). Just do your due diligence when selling.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
December 11, 2017, 02:56:14 AM
#27
bitcoin tools and lots of ways to use bitcoin as well as exchangers have lots of bitcoins but you coconvert bitcoin thru paypal many sites that are just as sure as you promised and should be on legit sites you go so you do not lose bitcoin okay then you're not too scam to reach you just as you ask others to make you sure.
full member
Activity: 798
Merit: 104
December 11, 2017, 02:36:46 AM
#26
if you have a bitcoin in your wallet and you want to with draw your bitcoin then its very easy task there are various exchanges online from which you can withdraw your bitcoin in very short time. For doing this you need to contact with the exchangar and then follow their procedure.


If you earn tokens then transfer it to your bitcoin wallet and from from there you can convert it your local currency. You can withdraw it using bank transfer or you can use other options because it would be displayed in your account. There are lot of options but I personally use bank transfer for safety purposes.
full member
Activity: 336
Merit: 121
December 11, 2017, 02:24:22 AM
#25
if you have a bitcoin in your wallet and you want to with draw your bitcoin then its very easy task there are various exchanges online from which you can withdraw your bitcoin in very short time. For doing this you need to contact with the exchangar and then follow their procedure.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 11, 2017, 02:03:04 AM
#24
How do we withdraw btc.can we use paypal?

Well if your btc's are in an exchange, you have to transfer it first to a wallet. I don't think there are many or if there's even an exchange that allows you to directly withdraw to fiat. Paypal is a common option for most btc wallets for withdrawals
full member
Activity: 392
Merit: 105
December 07, 2017, 02:32:11 PM
#23
Fortunately in these times there are multiple options to withdraw your bitcoin, that depends on your service provider or your wallet. For example, in Xapo it is possible to withdraw your bitcoins through the debit card they provide, and there are other exchanges like Bitso (in my country) that deposit directly into your bank account or debit card the balance of your bitcoins converted to national currency.

Until now I do not know a direct service from bitcoin to Paypal, although maybe you could negotiate it with a private person in websites like localbitcoins.
sr. member
Activity: 1313
Merit: 302
December 06, 2017, 01:09:28 PM
#22
where do you live? in there have local trader? is your gorvenment ban bitcoin or not? Easy to sell bitcoin and take money through paypal but they can dispute to take back their money so u can loss everything

Now a days using bitcoin is very easy,many online transcation accept bitcoin.Even Amazon start to accept the bitcoin,this is the onor to bitcoin.You can use your bitcoin for Online transcation or use any trading websites to change into FIAT. Localbitcoin.com is the best website to do trade.It's safe and secure .
full member
Activity: 490
Merit: 100
December 06, 2017, 01:03:49 PM
#21
You need to create an account in blockchain.info. Once that is done, your login information must be kept safely, because once lost can never be recovered. You log in to your account and copy your receiving address and send same to the  site that want to pay you. After series of confirmation the coins should be in your blockchain .info account.
sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
December 06, 2017, 12:41:10 PM
#20
where do you live? in there have local trader? is your gorvenment ban bitcoin or not? Easy to sell bitcoin and take money through paypal but they can dispute to take back their money so u can loss everything
hero member
Activity: 896
Merit: 520
December 06, 2017, 12:39:20 PM
#19
How do we withdraw btc.can we use paypal?

In exchange section you will find the many people give option to open the trade in selling with the paypal or skrill or even more options. However, try grab any escrow to sell your bitcoin safely without problem for both the party.
Or else you can use the localbitcoins exchange to sell your bitcoins and recently I see that bitcoin cost with the LBC buyers is show higher than preev or Google price. I am not sure that you are from which country some people will go with the paypal in LBC too. So try to check the other wallet options at there.
jr. member
Activity: 51
Merit: 10
December 06, 2017, 12:31:50 PM
#18
more than 100 way and you choose paypal .

risky way best way find local sellers and pay cash from them or use online escrow.
hero member
Activity: 1190
Merit: 534
December 06, 2017, 12:15:19 PM
#17
Generally, it is not recommended to use Paypal because sender can revert the payment even after the several weeks under the special protection made available for the buyers. I am not saying that it will happen in every case but there is a possibility of such thing and since we can't even trace Bitcoin account holders, it will be almost impossible to track the scammer so it is better to use direct bank transfer option either using any escrow or through localbitcoins to avoid the risk of scam.
legendary
Activity: 1400
Merit: 1009
December 06, 2017, 11:18:58 AM
#16
How do we withdraw btc.can we use paypal?
Stop using paypal. Tongue you can sell your bitcoins on exchanges and directly withdraw usd/eur to your bank account or use payza->sell bitcoin -> withdraw.
legendary
Activity: 1834
Merit: 1036
December 06, 2017, 11:11:55 AM
#15
How do we withdraw btc.can we use paypal?
Paxful and virwox can help you withdraw BTC to Paypal or you can post in Currency Exchange section and someone can help you exchange your BTC to Paypal, but you have to be very careful in dealing with your BTC, deal with members with positive feedback, I am not sure if zazarb is still active in the exchange section but you can send him a PM.
sr. member
Activity: 714
Merit: 252
December 06, 2017, 11:09:20 AM
#14
You can withdraw BTC by various ways.

It depends on where you are holding the BTC. You can hold BTC over an exchanger, wallet, ledger wallet, paper wallet etc. In any case of these the first step would be to get these coins transferred to your local wallet which gives you freedom to exchange the BTC with the local currency of your region. Fro example, USD, GBP, INR etc. You will have to exchange the coin with these currency first just the way you do an exchange fro crypto pairs, here only the differed is you exchanging it with fiat currency. After getting these converted to fiat you will have option provided by your wallet to withdraw the money to your Bank Account. Tis way you can transfer those fiat values in the bank account. Similar way to exchanging two crypto's and then getting them withdrawn to their respective/ dedicated wallets. :-)
newbie
Activity: 86
Merit: 0
December 06, 2017, 10:36:03 AM
#13
sell to some exchange. like wex.nz then use their service to withdraw to your bank. or sell to some local bitcoin trader

This is the same way as the previous one but using directly local bitcoins to find someone to change to your local currency and then look for a person with enough reputation in your country to make the change from your local currency to paypal.

Note:
Changing from bitcoin to paypal directly is dangerous they can make you a refund of the funds and in the dispute, you will lose.

Do not trust PayPal at all, as mentioned by you many lost btc and cash on PayPal.
full member
Activity: 350
Merit: 102
December 06, 2017, 09:59:32 AM
#12
sell to some exchange. like wex.nz then use their service to withdraw to your bank. or sell to some local bitcoin trader

This is the same way as the previous one but using directly local bitcoins to find someone to change to your local currency and then look for a person with enough reputation in your country to make the change from your local currency to paypal.

Note:
Changing from bitcoin to paypal directly is dangerous they can make you a refund of the funds and in the dispute, you will lose.
legendary
Activity: 1638
Merit: 1046
December 06, 2017, 09:54:55 AM
#11
It will be depends if where you are living if you are living in india you should use zebpay to withdraw your bitcoin into india fiat
Or if you are living here in philippines you can use coins.ph to withdraw your bitcoin..
Or if you are living in US you can use coinbase like other said..  you should choose a trusted service and wallet where you can withdraw your bitcoin locally..
full member
Activity: 376
Merit: 103
December 06, 2017, 09:22:55 AM
#10
Any simple search in google could response your question. A lot of exchange platforms that turns your bitcoin into FIAT money; i can mention coinbase/bittfinex/hitbtc but keep in mind that you have to go through a verification process NYC. I used to withdraw my bitcoins by Neteller which convert them into euro/dollar but still paying a lot of fees. Withdraw of bitcoin is still a complicated operation for non regular users that should use ATM existing in many airports. Before taking any action, you should take a look at fees and verification process.
full member
Activity: 1582
Merit: 101
December 06, 2017, 09:14:55 AM
#9
Ya, you can use PayPal to withdraw bitcoin but be ensure you country is accepting this card. My country did not accept this. They think that if PayPal come cash flow will more and more in economy and it will misuse. So they banned it. I use local market to withdraw bitcoin.
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