Withdrawing USD from btc-e or another exchange sites ?

LakeBTC

hero member

Activity: 903

Merit: 1000

LakeBTC.com

Quote from: kahir on January 05, 2014, 12:28:41 PM

Hello im kinda newbie here ...

i started making some bitcoins .. i was wondering how can i cash them out for usd .. note im not from usa or canada

paypal sounds great for me but its minimum for 500$ and they take 7% fee ... thats much .. and i read alot of posts says there is alot of proplems with paypal

but i think its my only method since im not from usa/canda ... also Western Union works for me if there is a site support it

at btc-e there is some service called best-money ... can i change that to my paypal account

is there is a way around could be be done ?

where are you? western union could be risky. wire is safe but costs you. we do wire for intl usd withdraw.

MikeXBT

newbie

Activity: 50

Merit: 0

Quote from: Kungfucheez on January 06, 2014, 10:41:29 AM

Just make a Coinbase wallet, connect it to your bank, and transfer bitcoins there to sell or buy

OP stated that he is not from the US or Canada. Stands to reason that he does not have a US bank account, which is required to link to coinbase.

grumpy619

sr. member

Activity: 546

Merit: 255

Great information to be had. Localbitcoins.com it is for me once i mine one of them bad boys.

Cryptopher

legendary

Activity: 1789

Merit: 1008

Keep it dense, yeah?

Hello there and welcome.

I haven't come to this yet, but it is something that I have thought about.

I would advise transferring crypto (ideally Bitcoin) to a safe wallet and sell through local means. The exchanges can be very slow at processing your payments, and the slightest incorrect detail will incur you an surplus in admin fees.

This might not be the most relevant answer to your question, but I think that withdrawing USD is a dangerous game. Perhaps somebody with recent experience in doing so can offer up some more useful advice.

Kungfucheez

member

Activity: 98

Merit: 10

Just make a Coinbase wallet, connect it to your bank, and transfer bitcoins there to sell or buy

omio

newbie

Activity: 46

Merit: 0

You can try OKpay through btc-e

jonanon

full member

Activity: 154

Merit: 100

I personally wouldn't withdraw fiat from any exchange at the moment, too many people have been complaining about not receiving.

I would take out BTC and try to sell locally perhaps on local bitcoins.

kahir

legendary

Activity: 1050

Merit: 1000

Available funds:   0.00000000 USD
Withdrawal on the purse:
Desc:
International withdrawals will be charged with 1.5% fee, minimum fee is $150

Benificiary Name:
Account Number/IBAN:
SWIFT/ABA:
Benificiary Address:
Name Of Bank:
Bank address:

withdrawals wire transfer could take up to 5-7 day to process.
Purse:
Amout to withdrawal:    USD
You will receive:    USD

i write the informations like Benificiary Name and bank name

in the purse Huh

btcrich

sr. member

Activity: 302

Merit: 250

Quote from: kahir on January 05, 2014, 12:28:41 PM

Hello im kinda newbie here ...

i started making some bitcoins .. i was wondering how can i cash them out for usd .. note im not from usa or canada

paypal sounds great for me but its minimum for 500$ and they take 7% fee ... thats much .. and i read alot of posts says there is alot of proplems with paypal

but i think its my only method since im not from usa/canda ... also Western Union works for me if there is a site support it

at btc-e there is some service called best-money ... can i change that to my paypal account

is there is a way around could be be done ?

A wire transfer to your bank account will almost always be the best and cheapest way to sell Bitcoin at this time. Find a reputable exchange in your country. If one does not exist, try localbitcoins.com to find someone near you that will exchange cash for Bitcoins.

chairforce1

sr. member

Activity: 316

Merit: 250

Where is my 1 BTC Bono? I've been waiting a almost 24 hours and you still will not respond

Bono

newbie

Activity: 42

Merit: 0

If you don't mind waiting, you could use MtGox...? Their fees aren't terrible.

From one of their FAQ pages:

Quote

Withdrawals

All withdrawals will be sent through the Mt. Gox Polish bank account and will involve a 1% fee with a minimum of 5.5 PLN

Please note the following rules :
- It is not possible to withdraw less than 10 EUR.
- Withdraws lower than 100.00 EUR are on average take less than a week.
- It takes at least a month on average for withdrawals larger than 10,000 EUR
- Withdrawals greater than 50,000 EUR need to be split it into multiple transfers or you can use the International Wire payment method.
- Due to the volume of withdrawals requests, each customer is currently only allowed 1 withdrawal every 20 days (estimate)

Situation as of 4th January 2014: We are currently processing withdrawals requested 3 weeks ago. (Users with several withdrawals in the queue must take the 20 day rule above into account)

kahir

legendary

Activity: 1050

Merit: 1000

Hello im kinda newbie here ...

i started making some bitcoins .. i was wondering how can i cash them out for usd .. note im not from usa or canada

paypal sounds great for me but its minimum for 500$ and they take 7% fee ... thats much .. and i read alot of posts says there is alot of proplems with paypal

but i think its my only method since im not from usa/canda ... also Western Union works for me if there is a site support it

at btc-e there is some service called best-money ... can i change that to my paypal account

is there is a way around could be be done ?

Topic: Withdrawing USD from btc-e or another exchange sites ? (Read 1676 times)