Bitcoin Forum

What possibly could be the best way to get Cash in hand for your Bitcoins? Maybe in one country or to another.
Keep the safety and speed of the transaction in the mind.

You can sell in this forum by opening the sale thread or else you can go to localbitcoins a bitcoin local selling exchange where you will find lot of users who are dealing in cash in hand just you have to contact your country users and deal with them, but just be careful of taking some precautionary steps before dealing in cash in hand and do trading.

Now trading and exchange service providers were also experiencing same delay in transaction confirmation. The same is due to the high number of users trying to convert bitcoin to cash as the price is found to be at the ATH. Hope the congested sale orders will soon be made under control for better service availability.

Delay in transaction confirmation is actually a problem. You may be able to do this faster if you exchange Bitcoin for Litecoin, since theoretically the currency must present confirmation four times faster. Then you exchange it for fiat currency.

This depends on how you define "best way". If you want to be anonymous then i would trade face to face rather than on an exchange. Exchanges seem to be safer on the other hand as you are not forced to meet someone you might not know with unknown intentions.

have a debit card ready, deposit coins, withdraw from an atm. and as long as you choose a reputable card provider you don't have to interact with anyone else.

Am I misunderstanding? But, you asked for the best way to convert bitcoin into cash, right?
Depends on where do you live? I believe in every country may have different way. the first time I convert my bitcoin through local exchange, you can find them in your local section or search in google/facebook. I live in Asia and there is an African exchange called bitx or Luno (now), where I can buy or sell bitcoin to get cash.

That depends on your personal circumstances, how much you're exchanging and maybe where you live as well.

If you're looking for convenience in an urban area, a Bitcoin ATM (https://coinatmradar.com/) might be a good idea, although the fees could be a bit high.  You could also try an online exchange such as Bitstamp (https://www.bitstamp.net/) or BTC-e (https://btc-e.com/) if you're looking to do it at home, but if you want cash in hand literally then that won't be the choice for you.

If you're looking for anonymity, the best way is probably to go on a P2P exchange where you can meet in person - the biggest of which is Local Bitcoins (https://localbitcoins.com/), and you could do a cash transfer in person.  Do not use these exchanges to exchange Bitcoin online, especially not with Paypal, as chargebacks can occur.  Also make sure to meet in a public place with a trusted buyer.

In-person exchanges might be best if you're selling a lot as it'll stop fees from third parties.  Although to be fair the fees with online exchanges aren't necessarily a lot, but it'll be as a percentage so if you're selling a large amount it could be annoying.

If I remember right, coinbase used to offer a bitcoin to bank, wire transfer service.

You could transfer your bitcoins to coinbase and cashout $$$ to a bank account.

Does no one use it anymore?

Maybe I'm not remembering correctly, I haven't actually been on coinbase in something like 3 years.

But coinbase have some limitation of using only in certain country as they are not allowing some country users to use coinbase for trading , they can just use it for web wallet like i am from india using coinbase as web wallet and we cannot trade in coinbase.

I think exchange bitcoin for cash in hand is better with trusted sellers. you can ask about them in your local sections here. then you can meet him and exchange your bitcoins. I wonder why would you exchange your bitcoins for bitcoin?

Get your bitcoin debit card and use bitcoin atm to withdraw your money or you can use it everywhere and anytime with the visa or mastercard support. You can withdraw it on the normal atm ( the fees is actually high)
With the enough safety and the fast speed. But you must pay more for the fees.

Why u don't just sell in localbitcoins to your bank account and then go to an ATM?  in my country selling in LB takes like 5  minutes, the real issue is when u go to the ATM

If there is a debit card it would be fast transaction and it depend on the country also. or if you know the person itself you can transact directly to the person.

localbitcoin when you want to keep yourself anonymous ,
and face to face payment when you don't care anymore about to transact anonymously ,
this forum very helpful to find the one who will fill your request.

Sell on Localbitcoins for cash, or for a cash deposit to your bank account. Then you can have cash in your hand as soon as the dust settles. Personally I use Paypal, and have never had a chargeback, and since I have the paypal debit card I'm able to get cash minutes later.

If you are pointing on converting bitcoin to money you may think that it's hard because in some transaction there are some difficuilties. But i would like to share an application here in my country called coin.ph , ih this app you can pay bills,buy load or even convert bitcoib to money. In buying loads you may cash out the money in buying loads for others just like in paying paying bills to other. That's the fastest way to take out the money out of bitcoin. And if you used coin.ph there's a 5% in every load you buy . So you are earning while you having money.

I think now we should refrain from creating new transactions. Please wait until all transactions are confirmed and we can trade normally. Now, I think, even if you pay high fees for transactions, they also can not be processed, because the number is too large, and they are trapped

It will be just a website wallet that could help with trading it to cash. First, make sure that the certain website wallet is connected to a bank in your country. They will provide account number and pin for you to withdraw it easily. This is only the easiest way that I know for now.
Maybe some day it could be upgraded with a bitcoin ATM which needs someone to put a lot of capital to create it.

If you're from Serbia, I can suggest you one amazing local exchange office but if you're from anywhere else, well exchange section on this forum is good too and also localbitcoins are good too, tho I've never used it.

If you're from Europe, I would suggest Cashila. Simple and fast deposits in the SEPA zone. Been using them for quite some time. You also use localbit

Well honestly i never experienced this kind of transaction - making bitcoin to cash. But a friend of mine always use bitcoin to exchange into real money, he uses eGiveCash in security bank to cash out all his bitcoin. As my observation about that way, it is the other and safest way to cash out your bitcoin because if you want to process your bitcoin and exchange into cash, it is easy to process and you can get  your money if you wanted to

If you are living in those developed countries, it is not very hard to find a place or a person who willing to convert your fiat to Bitcoin. However, if you live in some under-developed countries, I doubt that this activity will be easy. As you can see, some third world countries dislike Bitcoin. Moreover, the people in these countries dont even know what they will do with Bitcoin

I would use Cex.io and get the money within 4-5 days via Bank deposit.

I think to quicken the speed to get cash would be to use Local Bitcoins and physically exchange the coins.

I'm using exchangers site many times in our country and It's safety because their sites have a good feedback. The best way is to find an legit exchangers and convert your bitcoin to cash. Why do you need to convert your bitcoin in other country? It is safety if many people tried to used this exchangers before.

Yep if theres already available exchange on your country thats easily convert it to Fiat or vise versa then check it out or use localbitcoin. It's actually depends on   country how can easily convert it to Fiat if BTC already accepted, here in my country ive never experienced such a problem it only takes a minutes to convert my BTC to Fiat and we have many choices to widraw our money not only in a bank account .

I live in 3rd country and it's super easy to convert my bitcoin to cash using local exchanger, all you have to do just send your bitcoin to the exchanger and sell them after that, you will receive your money on your local bank account, in my experience bitcoin is friendly here south east asia specifically, you might right that converting bitcoin to cash in 3rd country may be hard but maybe in some countries in africa. So far we have never faced any problems in converting our bitcoin to fiat.
Anyway the best way to convert your bitcoin to fiat are using local exchanger or localbitcoin.

There are very few methods of converting bitcoins into your local currency and the best method is to use a bitcoin debit card. There are many trusted Debit Card companies that charge $8-$15 to order their debit card and this card could be used to withdraw cash via ATMs from any country. There are some Bitcoin-based ATMs where you can directly use the company ATMs to convert bitcoins to your cash. Here are the locations: https://coinatmradar.com/countries/

Debit card companies are: Xapo, BitPaY, Coinsbank, Coinbase. You can use Virtual debit cards as well if your country is not listed.

I thought for a few large countries already have several ATM machines to get cash from selling bitcoin quickly only country I have not been too many ATM machines bitcoin, at least faster in my opinion to sell bitcoin with cash or other means to find a site exchange fast transaction support in my country

The use of bitcoin ATM machines in converting bitcoins to cash is good but sometimes it is not efficient due to slow confirmation of transactions. For me the best way to convert bitcoin to cash it to use escrow exchange that enables you to send the value of your bitcoin into your bank account. It is much faster and much efficient.

You may have heard of Coin Base, a bitcoin buy/sell place and wallet. That's convenient since it partnered with PayPal, it made things easier for me when I want to exchange my bitcoins into PayPal balance for purchasing computer parts online. I can cash-out my PayPal balance by withdrawing them to my bank account and then just wait 7 business days and go to the nearest ATM.

If you are close to bitcoin ATM and you dont mind the high fees than I think this is the fastest way to exchange btc for cash. Use CoinAtmRadar to see where is your closest atm https://coinatmradar.com/countries/ the list is fresh and frequently updated.

For me the fastest and most convenient method of cashing out bitcoin is lead through the exchanger Bank account. In addition, a lot of people of my friends makes a purchase on the Internet. I pay them bitcoin, and they give me cash.

Personnaly, I am using some debt cards and it works good up to now. But most often I use Kraken, with 9 cents to get a SEPA transfer to my bank account, I haven't find more cheaper. I could find better if the price for sell is higher than kraken only. But I like Kraken because up to now, a phone number is the only verification I needed. I used Bitwala.io as well for a 1% fees. In any case with both Kraken and Bitwala I am happy whith how fast it goes to my bank, usualy about 1 day.

If you want fastest way then, trade with friends or very close known people. Because the exchangers will wait for BTC to process, after they will provide cash. Coinbase is nice I heard, but not supported in my country yet.

You can use bitcoin debit cards.
You can find a list in this forum.

Here is the list
https://bitcointalk.org/index.php?topic=1242788

There are several ways to convert you bitcoin into in real money, there are some exchange who accepted credit card/debit card which is connected into bitcoin. its been delay sometimes in the confirmation in the blockchain. But here in my place we can transfer bitcoin directly to to the buyer which you can also do the same thing actually.

For me, yobit exchange BTC/RUB and then cash out to master card.

Well first you must find a bank that accepts bitcoin for a exchange money i really tried it finding some of the banks here just to cash out my bitcoins so i exchange wallets because the wallet that i used they don't have access to the bank here in my country so that i change wallet in order to exchange money to the bank here or trade it to someone you know that really needs bitcoin or sell bitcoin in to real cash its easy bitcoin now a days is very popular you can double the payment if you sell bitcoin :D

maybe the fastest way and cheaper way is to peer to peer trading the bitcoin to cash. That is the most fastest way to trade your bitcoin into cash. But if you have no buyer you can sell it in this forum all in trading site. The best way is you to create a paypal for you hassle free transaction and one more thing I think go with trading site for you to be safe in scamming.

Well if you are referring to converting your bitcoin into cash and you are in the Philippines,
Why don't you try using our online wallet called coins.ph,
They have a cash out system that is 24/7 working in some banks and you can also withdraw in some remittance center.

There are several ways to get cash in hand for bitcoin from one country to another. If you have a bank verified Paypal account, you will find a lot of exchanger who will exchange your bitcoin to paypal money in no time. Then you can accordingly withdraw your paypal amount to your bank account. However, a significant amount of fees you will have to pay to the exchange as well as to the bitcoin network.

However, I always use localbitcoin service and try to find traders from my country. I speak tot hem over phone and then start the trade. I found their rate are really good compared to the market rate and also they are fast. I can get money directly to my bank account. Just check the trader's rating before you open a trade with them and you are done.

Many ways on how you can exchange instantly or in time your bitcoins.One thing is in coinbase use the sell function button to sell your bitcoin into a particular cash credit or bank account.Second is some merchants online that exchanges bitcoin to real money i know there are scammers so be careful.Here in philippines we can easily convert our bitcoins to cash and vice versa using coinsph wallet and

having a bitcoin debit card could be good but I think not all country has a bitcoin ATM there should be an international wallet service provider that you can directly buy/sell or trade bitcoin into cash in various currency and you can withdraw your money through selected banks all over the world ..

Go to a trading platform which accepts credit cards,get your BTC in there and if they offer fast customer service-then you should be able to get the cash pretty quickly.Another good way is localbitcoins-there if you find somebody who is online most of the time you can figure out a deal and usually it lasts under 30 minutes so that's even a better way to  sell or buy BTC-just have to make sure that you meet seller's or buyer's requirements

Without compromising on privacy and security the best and fastest way to exchange Bitcoin To Cash is trading in person or using money transfers though Western Union and Money Gram(money in minutes)

Well said, coins.ph really helps me in fast transactions. You just have to send a legit identification for the security of online wallet. Converting BTC to peso or peso to BTC is much easier. There's more, you can pay selected bills and buy load. You can cash in and cash out any time and their connections in banks is good too. I'm not advertising these online wallet but based on what I've experienced coins.ph is really a good online wallet. Take note: they also have bonus tips.

There are many ways to cashin hand for your bitcoins. Here in my country I used coins.ph the easiest way to cashin  and the fastest way for bitcoins. Its 24/7 the bitcoin will cashin in an instant way, its just like a minutes you can have your bitcoins. The best and secured online wallet for me.

See I don't find a direct way to convert bitcoins to cash,
But yes you can convert them to bank balance and withdraw cash from your bank account.
But if you are living in a developed area you can always go to bitcoin ATM and do so.
Else visit paxful or paybis where you might find a way.

Here in our country has called local bitcoin wallet coins.ph that site. This is the most rapid way to counterpose bitcoin to cash in by coins.ph. Many can be randomly selected where you'd like to incash your bitcoin on remittances or banks.

Localbitcoins is used in most of the countries. Here in our country too it's preferred much by the bitcoin users for trading, buying and selling requirements. Other than this local exchanges were found in which you can make direct buying and selling where the price varies much than the market price.

How exactly 10 minutes confirmation is a problem? If you are extremely unlucky with your transaction (or stingy with your TX fee) you could wait for another 2-3 blocks.
If you want to trade BTC<=>cash then why do you want to involve another medium complicate the whole process?
Buy BTC, exchange BTC to LTC, sell LTC, rebuy BTC, exchange to cash - isn't that too much hassle?

Localbitcoins is the only feasible way so you can get an account over there and look out for people in your locality read to buy your bitcoins for cash. They normally have escrow so it's safe to deal over there too.

there are many to get cash from bitcoin like sell them on exchange,localbitcoin,private sell or here on forum or get a debit card like advcash/xapo

you were lucky to be born in a "good" country, not everyone was so lucky...
CoinBase does not treat all countries equally, some might use the service others don't

if in my place was there an online site that peddle copies bitcoin currency with our own eyes, the system used in the form of a transfer to our bank account, it is very easy and the process is very fast, because we have to become members before deposit

in our country there are banks who associates bitcoin to in cash there are also banks that are capable to encash anywhere though there are some time that needs to attain.

exactly!
aa..what?

Well, that's kinda good thing have happened to your country but I'm still pretty curious whether there's already regulation released regarding the use of bitcoin in your country that makes your local bank associates with bitcoin and makes their client could freely converting their bitcoin into cash with ease. Just it's not happened yet in my country and probably expecting that there's actually something that could boost the use of bitcoin inside an instance or organisation.

I'm cashing out my bitcoins into cash or converting it by selling it offline like to my friends who buys and sells bitcoin. I always contact him and tell him that i will sell my bitcoins and then he will just prepare the money then we will do meetup and just after that my bitcoins are already converted into cash in a smart and safer way.

i prefer to sell my bitcoin with my friend which work as local exchanger and he is help me and my other friend to get cash in quickly. but for people in out of my country, they can trying to sell their bitcoin in localbitcoin.com as they can found many seller and buyer that ready to make transaction even with the new person. but be careful when you want to make a deal with someone that you don't know and you never meet him/her, because you can risk your bitcoin to get scam. better to find recommended seller/buyer so you can safe when you want to make a transaction.

Right now,localbitcoins would be the simplest,fast way to turn your bitcoins into cash.In india,KYC is not a must and so we could easily turn our btc to cash without furnishing our details.

True. Traditional ways are always a smart move because the hazard is there but the risk is low. By going online you don't know what will happen in the spectrum space. If you're transactions are low then it wont be a problem if you do it online. But if the transactions is about big time businesses and deals with a lot of money, then what you are doing is a smart way ( excluding the factors of your identification, distance and type of transactions ).

Meeting up also with a stranger is a high risk game and it can lead not only to the loss of money but also the loss of your own life. Its better be cautious in everything and always have someone to back you up. Individuality work brings you total privacy, but having a trusted mate brings you protection and a nice laugh.

I am wander from which country you are? In my place there is no any ATM.
And could you, please, explain what is localbitcoins? This is the first time I hear something like that.

you can use any bitcoin exchange and the money to your bank account, or if you don't want to use your bank account because you're afraid your banker see your "great income" get a bitcoin debt card, there are enough service offerring visa or mastercard card. no need to make things more difficult than they are

The work you say is not really feasible, it only works for those developing countries where the bitcoin support is. In my country, bitcoin is not universally recognized, so no bank accepts it. If we want to sell it, we have to deal directly with other people or use intermediary sites, however, those sites are not really secure. So, we choose direct deals for large deals.

There are many ways to convert your bitcoin into cash ,but for me the fastest and best way is transferring your bitcoin to coins.ph because in coins.ph you can withdraw your electronic money via 7 eleven,paypal or in any way that is available . You can also your your accounts for mobile loads and you can increase your money by inviting friends and referrals.

Most probably he is talking about general Bank ATMs
And localbitcoins, is a website to buy/sell Bitcoins. It helps you to find a person who is nearby your location.
You can even post a trade offer and wait for somebody for transaction

Yes you are right , finding a way on converting bitcoin to fiat is always depends on the specific country where you lived on. As you said on your country there is an application base wallet where it easy to convert because it a wallet at a same time it can monitor bitcoin prices so you can decide on converting bitcoin. In me your suggested application is good because most of users wants multi-purpose wallet where you can do a lot of thing in just one click.

Why are you cashing out in the middle of a speculator run-up? Traders are blowing up Bitcoin right now and you want to cash out? Does your mom need an operation or something?

Search for Any bitcoin wallet or trading Company in Your country which transfer amount to your bank if you sale your Btc .

Once you have your amount in your bank its like cash in hand

In some countries there are some companies which provides such services .

So this can be the best ,safest and fastest way to get cash for your Bitcoin

For me the fastest ways is tho cash outyour bitcoin without any fees to recommended bank in your country or in a money transfer local services in your area. With that fast ways you can make sure your funds is secure so that you can't fear your money to be stolen by theives. That faster way of exchanging your digital currency to fiat cash will certainly benefit you along with the profitable services offered, and bitcoin really had a giod reason why people now were adopting to it as well.

As someone who does not have any people buying bitcoins on localbitcoins in my area, the only way I see it is; sell bitcoins for paypal (I've seen people buying bitcoins for paypal on a 1:1 ratio), then transfer them to your bank and then finally withdraw cash in an ATM. Of course, this defeats the whole meaning of anonymity, but it's the only way I can see it be done in my area.

Which area do you live in? I'm curious to know because I've seen localbitcoins in some of the strangest places. BTW, there are other exchangers to look at and I'm certain some will serve your location. I'm running a sig campaign for one that probably does. I won't earn anything from it if you do, just trying to help out. Friendly advice: you need to avoid that kind of PayPal risk.

Because bitcoin can't use for directly transaction. I think the easiest way is by providing debit cards similar to ATM, this is to facilitate user bitcoin Transact directly.