Bitcoin Forum

Hi,

I am new in this. I want to know how to convert cryptocurrency into the hard cash in US$? I live outside USA but have a bank account in US. Is it possible to put money in my bank account through some exchange or any other mechanism.

Thanking you in anticipation.

Regards,

Rizwan

I'm not sure about the US but in the UK we have ATM machines that you can exchange Bitcoins for cash right there and then.

Check out coinbase : https://support.coinbase.com/customer/portal/articles/1148716-payment-methods-for-us-customers (https://support.coinbase.com/customer/portal/articles/1148716-payment-methods-for-us-customers) as you have US bank account so you can withdraw your funds easily

There should be places where people can exchange their bitcoin for hard cash !
We dont have enough ATM machines here in this country to withdraw some money, eventually I dont want the government to even get a few cents of my hard earned bitcoin !

There are some services like Centra, Monaco and some other that offer or will offer in the very near future the option to withdraw the cryptocurrenices into hard cash from ATM or POS.

I think you can already withdraw hard cash for some cryptocurrencies in ATM machines. Check the Xapo wallet, I believe they have a card for that.

Can't remember, but there are more.

Wow! Is this for real, mate? I used to hear about ATMs where you can reload your Bitcoin wallet, or something like that. I haven't heard of ATM machines from which one can actually withdraw cash. That sounds very cool.  8) How I wish that kind of innovation will reach my country too.

Withdraw in poloniex non verfied account limit 2000 usd daily.

you need to setup a tether.to account though

I would recommend localbitcoins,because you will surely found many from your locations wanting to buy the bitcoins,and poloniex is also an option for you.

Hope this will come to Germany in the near future too...
But as we don't even have fast Internet everywhere as of right now, it doesn't look good...

Localbitcoins is the easiest and traditional way to exchange your cryptocurrency into cash or buy crypto coins back.
Just create a sell bitcoins advertisement,choose payment method and write your terms as a free message.
I am sure you will meet a good local trader.

Hi thanks  :)

Isn't there a exchange from where I can get US$s against cryptocurrency (different types like ETH, ZEC, Dash etc.)?

Is Poloniex meant for thispurpose?

Regards,

Rizwan

 

Wherever you are on the Planet if you use localbitcoin you are going to find someone who will exchange your bitcoin for cash vice-versa.

There is multiple online exchanges to convert your bitcoins in to cash. If you have altcoins means please convert it as BTC or ETH before exchanging it as fiat cash. I suggest you try localbitcoins.com to exchange your bitcoin into cash, you will be able to get the traders information as whitepaper and you will be able to get the better price than you find in Google price chart.

But Austria has. I think, there are local exchangers, who offer cashout to euro. You also could use https://www.bitpanda.com/, that buys and sells cryptocurrencies. Have not tried it out yet, but users seem to have good experiences, what I read.

localbitcoins are the best way, just be sure to do it in a public area

I think some website that you storing your bitcoin or what we could bitcoin wallet have bank partners or any remaitance that your bitcoin can converting into hard cash because here in philippines we use coins.ph so that we can convert our bitcoin to philippine money. I think theres another term of coins.ph to help you to convert you coins. I hope this message help you.

we have this in australia! very limited number of machines, 90% of them are buying btc only but there are a couple that you can cash btc out of, i think its fantastic :D very good for needing money in an emergency

first enter in mew. keep selling the coin. it will be purchased with US $. if for disbursement can be anywhere bro. not necessarily in united states . because it can be redeemed US $ currency with the currency of the country where we are now.

Yes here is a link and you may sell your bitcoin by peer to peer using this escrow this is one of legit escrow and they can help you to buy or sell your bitcoin.

Please click this link and you will be redirect to their official website.
https://remitano.com

Make your account there and link your bank account to your wallet so once you sell your bitcoin you will get a payment in us dollar, just choose which country do you want to sell your bitcoin.

How to convert cryptocurrency to cash, you can sell your kriptocurrency in poloniex, triv, and others (please create an account there), after you sell it then you will get some money from the sale, tarik the money into your account in accordance with the account number that has been inserted when you create your account.

Hi

I am buying Bitpanda accounts.
For conditions email me please on freeriskbets@gmail.com or telegram @demoto2020

I pay 50€ per account.

M.

Hi

I am buying Bitpanda accounts.
For conditions email me please on freeriskbets@gmail.com or telegram @demoto2020

I pay 80€ per account.

M.

used this site along with localbitcoin , both sites are good for trading cryptocurrency and direct payment into bank or other sort of wallets .
but always trade with care , only deal with reputed sellers/buyers .

You can use CEX.io. They allow you to transfer money directly to the card with minimal Commission. And then you will be able to cash out money from an ATM.

You are guys really lucky to have such ATM converter from BTC into dollars. Here in Russia we don't have such machine.
So,  why don't you use local Bitcoin or transfer money directly on your visa from exchange?

Transfer your bitcoins or Ethers to the dsx.uk exchange, on the exchange sell the crypto currency for dollars, then transfer dollars to the Epayments service (transfer without commission as the exchange and this service have one owner). After that, you can transfer your dollars anywhere.

In USA You guys have ATM machines , coinbase and Cex.io to cashout crypto currencies. So it never a that hard issue in Your world unlike many other developing countries

You can withdraw your cash money to bank in many countries. You just have to pay attention to the tax.
Above some amounts you need to pay it, but some many countries don't have it regulated... yet.

There might be in some countries but my country do not have. I preferred local merchant. I also exchange using luno In my country. You can also check whether is accepted in your country

I think if you live in a big city then you can find people who are engaged in exchange. You can also turn to exchange sites because it is very convenient but the best way, in my opinion, is to withdraw money at an ATM, there is an interactive map where in the world there are such ATMs

Wherever you are in the world you can make the bitcoin exchange to fiat cash on the localbitcoins.com site. They are providing service on almost every country in the world. When the day I have started earning.
I am using this exchange only. I have find the best value than any exchange in the world.

Every centralized exchange will be there on the market but this one will be perfect one for your choice.