Bitcoin Forum

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

Where are you from? North America has Coinbase and many others. Multibit HD is integrating with a exchange that will allow sell and buy of BTC to and from Bank account right now. More region will be added soon but right now its only North America.

it depends on your country so you need to tell us first where you from so you can get more accurate answers

the best option always is finding someone close to you to exchange bitcoin with cash but finding that person can be hard because you have to watch out for scammers. you might also want to check localbitcoins in order to find a person close to you. but similarly you should watch out for scammers.

Depends on where you live, check out localbitcoins.com. If you are just looking to move some bitcoin in exchange for your fiat currency that's a good option.
You can do face-to-face exchanges too if there's any listing for that there.

If you want a real cash, you should find someone who want to trade a money for your Bitcoin. And you can also find those people in this forum or in a Bitcoin trading site.

You can use many options, Websites like btc-e and bitfinex are direct exchanges with the website, You can do peer to peer transactions like localbitcoins.

You can use localbitcoins.com and find a local seller that is available in your area and then sell your BTC to your local currency there ;)
Just make sure to do a trade with a member with 100% green trust so you won't get scammed away :P
May i know where you live at ?
If you live in US you can use Circle or Coinbase exchange ;)

There's a lot of trading sites and online currency exchange sites nowadays that are very trustworthy. Actually I believe there are a lot of domestic sites for this. Manila on one instance has "coins.ph".

I ordered an Xapo debit card. You can easy get cash out of a atm.

Depends in your currency and how you want exchange....
For example I live in europe and exchange btc with kraken (for bank deposit) or sell for "cash" in a reloadable card.
E-coin (for free virtual card) advcash for "real" (physic) card ;)

But if I recall correctly Xapo debit card is heavy fee tool. And it cost $20 just to order one. There is Annual Fee: $12, ATM Withdrawal Fee: $2.50, Pin etc.
It it easy to use but it is not the best and cheapest tool to deal with your fiat/bitcoin transactions. Using dedicated exchanges is till better imo.

if you want to convert your BTC for real cash the only way is you have to do it using your local exchange in your country but be careful you must find trusty exchange to make sure you would not got scammed

Bitcoin is real cash. Congratulations, your done!

Nope you're wrong, Bitcoin is money but it isn't a cash. Cuz according to Wikipedia, a cash is the physical form of money. Well you know that Bitcoin is a digital currency, so we can't call it a "cash" (moreover "real cash").

It's better to share your country if where do you live because it depends in your country. Like here in my country i can convert bitcoins into real cash instantly and withdraw it to any bank atm outlet here in my country..

In that case you have something far better than "physical money".  ;)

To my mind cash is when you directly spend the store of wealth. Unlike credit cards or checks that represent the store of wealth, i.e. cash. In any case I see no need to spend money on fees in an effort to convert money into a less usable form. Why not save some money and just spend the bitcoin?

There are many ways of converting BTC to real cash like exchanging on local bitcoins etc.
But beware of scams that are increasing day by day here.

You can sell your bitcoin in online itself, through Websites that offer this type of selling structure include Coinbase and LocalBitcoins in the US, and BitBargain UK and Bittylicious in the UK.
I advice you to don't sell your bitcoin at now, sell after halving.

As various users suggested it depends upon country as well it has got various exchanging as well trading websites. You can just try it. One of the best is the local bitcoins which supports most countries.

Yup, I would agree with you even I had many trade in localbitcoins.com, but this time is not suitable for selling better op can sell it after block halving.

I suggest you use Localbitcoins for small amounts, under 1 BTC. For bigger deals probably use Coinbase, Kraken etc. Paxful is another great option.

i dont selling.. but i want to know about it..

its quite easy...the bit coins in your wallet should be sold to a share holder in bitcoins...they will transfer the btc to your bank account if you have given the right account number!!

if you learn very well,i believe you must be have know how to trade bitcoin and trade it to real cash,just trade it onlocal market,or trade it to people trusted.

check out https://localbitcoins.com/

I would like to suggest kraken and coin base If you are from Europe. There you can find trusted traders among other exchanges.
Escrow will hold the fund in between you and trader So try at there.

why are you dont sell any bitcoin?not interesting with profit from trading bitcoins?but,its nice try to ask on this forum,i hope you get the best answer below. just trade it on exchange,and pick your best payment.

I convert my bitcoins to cash on the forum itself rather than localbitcoins or other exchange websites as they charge a lot of fee but it is useful if you need fiat urgently. For me, I easily get 10-15% more in fiat by exchanging in the Currency Exchange section and it's the safest option if you use escrow.

In Philippines, we have a financial institution were you can sell your bitcoins to them and they will convert it at 1% fee to fiat currency which is Philippine Peso. :D

Many people want to hold their bitcoins now as the price is increasing. I do agree that trading is the best and you can then withdarw your profit from exchange websites and if we try this method, we can earn even more by just holding our bitcoins as then we would need to wait for long and then we wouldn't even have enough fiat to buy more coins.

i use www.coinimal.com to make btc into neteller $ and then from withdraw from any ATM but it have so many fees

how? face to face or with moneygram and a money order?

I think withdrawing through credit/debit card might be the fastest and cheapest option. Bit-x, e-coin and xapo offer plastic cards which work on almost on every ATM
Simply fund your card with bitcoin and withdraw in your local currency instantly

In exchange websites like localbitcoins where users can arrange P2P exchanges or send money to local banks but the fee is about 15-20% which is why many users open their own trades and set a price they want to sell their bitcoins for.

Step 1: Save your Bitcoin wallet in a thumb drive.
Step 2: Place your thumb drive inside a bowl filled with rose water.
Step 3: Cover with a blanket.
Step 4: At midnight, yell "Satoshi Nakamoto" three times.
Step 5: Come back in three days and you will find the equivalent amount of your local currency inside the bowl.

If three days is too long for you, follow the recommendations of the other posters in the thread.
Personally, I have always liked LocalBitcoins.com.

Find local exhamgers in your country. . It will be the safest option to convert btc in local currency. .. Yoi can find a lot of exchangers on facebook. .. Also use escrow if you are unable to find local exchanger. ..

Better you can check with local bitcoins.com or kraken to get a best price among other other trading sites. Personally I use to go for localbitcoins only. It's fine price over there.

it depends not only country but the amount you are willing to change.
For example trading platforms are accepting any kind of visa and mastercards but they have minimum of 50$ or 100$ to withdraw, for the deposit purposes you can use any amount

Exactly. If you live in US, you have many better methods to withdraw bitcoins for cash.
The easiest way to get cash is selling bitcoin to people on face to face meeting.
Bitcoin debit cards are better way to spend bitcoins, as ATM withdraw incurs another fee.

Normally people use to online only, So There are lots of websites aimed at helping you find buyers or sellers of Bitcoin locally or online, ranging from classified ads, possibly including Bitcoin escrow, all the way to broker-like exchanges that may not even inform you of whom they matched you with for trading.

for example for me I can't use coinbase (I'm from Georgia the country) for exchange, so i'm using either some trading sites like btc-e or directly local bank exchange, but the course atm is You buy: 1106.6 GEL   You sell: 1022.1638 GEL 
1 USD=2.48 GEL

As posted in many posts it all depends on which country you are staying at

Few countries has regulations due to which one cannot directly withdraw to Bank !

I suggest using escrow function in case you do not know any local dealer in your location :)

There are various sites directly providing cash in change of bitcoin. Other options are to find a trader around your locality
and try to make trade directly or through bank transfer. Keep yourself fixed to escrow system for a secure transaction.

Converting bitcoin to real money, there are lots of ways. It also depend on where are you from.. I am use paypal and Payoneer Master card to convert my bitcoin to real cash. 1st I exchange bitcoin to paypal. Then I cash out them from paypal to payoneer, afterward I'll cashout my payoneer money at Any ATM. This is easiest way I think and it works for all world because payoneer working in 200 countries.

If you are new, beware of scammers.
It depends a lot on where you live, but Coinbase is great if you are in the US.
Localbitcoins is also recommended but I haven't tried it out yet.

Look for a local exchange, I am pretty there is atleast one or you can find buyers on localbitcoins alternatively, but the rates there sucks.

sometimes there are good options that can be found locally (not exactly on localbitcoins) but maybe on local forums. like a forum that is for your country and in your language you might find someone that does bank transfer or trades in cash with good prices.

I made a quick research on OP and found out he's from india (his name also is a dead giveaway). Well there are lots of exchange on india like unocoin, btcxindia , etc. Thats more safe than dealing on a  person

what i said was from my own experience. i don't live in India but i always had a better chance of fining someone good on local forums, than i had finding on localbitcoins.

actually on localbitcoins there are some ads that are total scam with false feedback from my country!!

I would focus on using an escrowed p2p site. Such as Localbitcoins.com. your btc will remain safely in escrow until you are satisfied that you have recieved your cash payment. Utilizing Moneygram or Western Union as payment methods are by far the safest way to go. You do not have to release escrow until you have cash-in-hand at your local MG or WU office.

Localbitcoins is my favorite for converting bitcoin into my local fiats. But arranging meeting spots and fixing meeting time are new head aches and time consuming. Good only for large amounts.

If you have an online wallet you can transfer it to your bank account with a website. And then you go to the bank.
And you can get it in cash. But it is not smart to do that now. The value is now quite low.

i think every country usually have bitcoins community if you hard to withdraw at bank you can try to sell your bitcoins to other people in your country. but be careful to people who you gonna sell your coins or you can use escrow that already trusted.

Localbitcoins will obviously be the best, as everything is held through escrow. You could quickly use an exchange, but never keep your funds in am exchange longer than you have to. You'll also have to put in your bank details and sometimes your id.

I see , personally I don't use localbitcoins cuz as I said the rates there sucks, didn't know there are also scams on localbitcoins :o I thought there is escrow there? Isn't it hard to scam there?

Bitcoin would continue to rise. For instance, one theory says that if the 50-day moving average, which is the average of the stock price over the previous 50 days, is below where the security is presently trading, whenever it hits that moving average, it will bounce back up.

That means this is the average amount going in bitcoin's price after halving we can see a good price.

which service can I trust for converting 200+ BTC in cash ? Trade platforms maybe ? or there's some other services for such amounts ?
Any ideas ?

For 200+ btc, i'd use coinbase. You'll recieve payment via ACH transfer into your bank account within 3-5 days

if you ask how, it depends on where do you live.
because each country has its own exchange place. is official and there is no. and if not official, there will be cuts in the exchange rate  8)
CMIIW

I have use localbitcoins.com and it seem safe for newbies to buy and sell bitcoins

Well, from his post it is clear that even a newbie has known much about local bitcoins. They are the best
to support with local trders in a specified locality with ease of transaction provided.

Yes localbitcoin.com is the best and the safest platform to exchange your bitcoin and convert it into fiat currency i have been using it from long time but just make sure that trade with the one who got 100% green trust and have more transactions and even if someone offers more value but have negative trust then never trade with that user.

Yes I would agree with you dude. Localbitcoins is best platform to exchange the bitcoin to fiat cash.
We have to find the best trader among other traders and your need not worry about your bitcoin or cash. There is escrow working for you.

You can safe it to your own bank account. But then you must use Bitonic or something. But it is not smart now to do it.
The value is not that high now. So you wont get profit of it and that is not good. Just wait and see.

You can use our service 247exchange.com (https://www.247exchange.com/sell). If you need cash, you can withdraw BTC to any Visa or MasterCard credit/debit card or via instant money transfer at over 400 000 locations worldwide.

The easiest way is to sell it..
Just visit an exchange and sell it. There is enough demand for bitcoins.
Just visit currency exchange and post a topic.

Or just go to the exchange thread on this forum and open at "want to sell" title.

you`ll get different responses or just find the popular threads that are buying btc on a daily basis.

Yes I use it also. And it works very well. But it will be better if you wait a little longer, because the value is not that high.
I hope that more people will also have some profit of it and that they also going to use Bitcoin that much.

For me to convert bitcoin into real cash in my country I actually use it by my wallet to convert the bitcoin amount into cash value then there is an option on how you can encash them by process of banks automated teller machines but this is actually with some fees but not much and others are also option of getting them to a payment center..

i dunno about this service legitimacy but it may work to have money on your credit/debit card and then withdrawal from your nearest atm

https://cointocard.co/

trade your bitcoin into cash from exchange,use exhange based on wher you life,but honestly its time not a good time to trade your bitcoin into real cash,just keep it on your wallet and wait for price increase.

use localbitcoins or bitcoin ATM!

Sure it's been mentioned, but the currency exchange section here is a good place.  Bayareacoins is reputable and he does btc-->PayPal.  I did a deal with him and it went smoothly.  Be careful and don't send bitcoin first.  Ever.  Use escrow if available.

There are a lot of sites that can do this but it will send to a payment processor that you would need to connect to your bank to withdraw to you account so you can have your currency of choice.
Or you can just find someone on the forum to do a trade with. But be wary with who you trade with as they should have a fair amount of trades before you converse with them.

Localbitcoins is best one to go for buying or selling bitcoins.
Bitcoin debit card is good to have when you change to the fiat cash.

Really don't know about localbitcoins but i thought that you need to wait before your bitcoin will sold..
Their are many site's that can convert your bitcoin into fiat.. here some list of exchange site that you can  convert your bitcoin into fiat. receive via money gram or other company to receive your money in your country here's the list https://perfectmoney.is/business-partners.html
Just look for high trusted score before you start to convert your bitcoin in real cash..

It's a good suggestion to use bitcoin ATM or localbitcoins. But it is very hard to find a Bitcoin ATM in most of the countries. Only a countable number of bitcoin is found worldwide.

Localbitcoins definitely the best option for beginners.
Apart from that, you can also go with threads on this forum.
Many people are willing to buy BTC, it won't be hard to sell them.

according to the news I hear localbitcoins.com is the best place to exchange bitcoin. but if you want an easy, you just need to look to the dollar exchangers bitcoin in facebook, I do such a thing to change my bitcoin to cash

you can sell bitcoin for paypal or there are many services to cashout bitcoin across ATM in your country

There are lots of websites aimed at helping you find buyers or sellers of Bitcoin locally or online, possibly including Bitcoin escrow, all the way to broker-like exchanges that may not even inform you of whom they matched you with for trading (but that will then typically require deposits, often through bank transfers).

if you want to convert your bitcoin there are many online sites.
in India here are zebpay.com, btcxindia.com, unocoin.com  etc.
for us,uk many more there is coinbase.com, circle etc
or if you dont based both of them just use localbitcoin.com it's for whole wrold.you can exchange your btc to cash or cash to btc both.

and you have an another way to sell person to person nearby you too.

where are you located in? In Madrid and Milan, the cash is available.
telegram ID: +86 138 1877 3121
whatsapp ID: +86 138 1877 3121

in some europe countries there are bitcoin ATM, you can get money there, or you can use coinbas, that will help you to convert btc to real money

or you can find something in real life and sell bitcoins to him while he will pay you in normal money, but that's not a best idea because 1 person won't buy lots of bitcoins

It depends on where you are..In where I live, I do transfer my bitcoin into a local exchange site and there I convert my coins into real cash..Then I'll just send it to my bank account or sometimes If I have to send it tot someone, I send it into a remittance center after being converted from the exchange..

join local bitcoin and verify

Buy some / sell some cheap to build up a few transactions (positive feedback)

Then if you live in a urban area like me just meet up in a coffee
shop

I dont mess with bank deposits and risk my account and only do paypal
in small amounts with people I can trust.

has a lot of ways to convert bitcoin into real cash. start with paypal, individuals who provide onsite services, companies that exchange it with funds in the bank. example in my country, I use www.vip.bitcoin.co.id, here I can transact quickly and easily to withdraw my funds into real cash. their webiste reliable. I almost every week to withdraw funds to BANK.

Only needed linked Your bank account on Coinbase And withdraw Your money easy

Conversion has been made easy with the existence of large number of bitcoin exchange as well bitcoin debit cards.

Truly with the existence of a number of digital currency exchange bitcoin to any form of currency is made easier. When days pass and users increase these exchanges will be the high profit makers through bitcoin.

use spectrocoin you can buy and sell bitcoin. the owner has a bitcointalk account so you can ask him questions about currency exchange and things like that I would trust him as he is a experienced user here on bitcointalk.

Not only spectrocoin can exchange btc to real cash many website are accepting to exchange bitcoin into cash..
Here some https://perfectmoney.is/business-partners.html
Many exchange site there.. and you can see the trust score.. if who is the best and very trusted site to exchange your bitcoin into real cash..

There are many members here who are willing to sell or buy bitcoins here on this forum in >>digital goods section. Maybe this is best way if you don't want to reveal your identity to banks.
Else you can use services like Skrill or OKpay..
To be honest there are no boundaries if you are smart, and if you have good ideas.

there is so many way to exchange bitcoin to cash in internet but i only use localbitcoins it have a good reputation and my experience in that site is good.
so i don't need to try anyother site for  changing my bitcoin.
i was using neteller but the problem you cant use  the debit card with bitcoin fund anymore.

coinbase,localbitcoins,and many more site that allow you to trade your bitcoin into cash,just pick one of them according your country.
or if you have good amount of bitcoin,use escrow to make trade with people in this forum.

you are so lucky,bitcoin life cycle in philipines very good,and its makes you easy to convert bitcoin into real cash.
i wish all asian country more developing bitcoin as serious payment and investement like philipines and japan or china,they should follow Europe soon.

very easy way, but not best one, is to sell them to your friend or other people in real life, this way they will pay you in fiat, but problem is that they can't buy lots of bitcoins at once

or you can try to sell them online, in exchange sites, i am sure you can sell lots of bitcoins there for fiat