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Bitcoin => Bitcoin Discussion => Topic started by: worldtraveller321 on November 21, 2017, 09:17:07 PM



Title: Ways to Cashout Crypto
Post by: worldtraveller321 on November 21, 2017, 09:17:07 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?


Title: Re: Ways to Cashout Crypto
Post by: DannyHamilton on November 21, 2017, 09:24:24 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

Bitcoin IS my money

such as taking your crypto and taking it out into real money?

Bitcoin IS real money.

eg transfers to paypal?

Oh.  You mean how do I convert my real Bitcoin money into physical local currency and local currency accounts with service providers?

I generally try to avoid that as much as possible.  Why would I want to convert my real appreciating asset into some depreciating worthless government debt?

However, when I do need local currency for some reason, I typically use either Coinbase or Localbitcoins

etc. what methods suggested?

I typically use either Coinbase or Localbitcoins


Title: Re: Ways to Cashout Crypto
Post by: Emerge on November 21, 2017, 09:30:41 PM
There is also credit card for cash out. For example one of them is monaco card.


Title: Re: Ways to Cashout Crypto
Post by: xsaints128 on November 21, 2017, 09:30:50 PM
You can easily cash out your bitcoins using Localbitcoins. It's the best and easiest method to cash out. But beware of them scammers as they are everywhere nowadays.


Title: Re: Ways to Cashout Crypto
Post by: Rubick99 on November 21, 2017, 09:31:37 PM
You must sell your crypto to USD, go to an exchanger to trade your crypto. And then you can withdraw with your account bank


Title: Re: Ways to Cashout Crypto
Post by: bitart on November 21, 2017, 10:19:21 PM
There is also credit card for cash out. For example one of them is monaco card.
Does Monaco started already? I mean shipping out cards, because according to their thread they're still struggling  https://bitcointalk.org/index.php?topic=1926269.6100 (https://bitcointalk.org/index.php?topic=1926269.6100)
Depends on the physical location (in US, in EU, etc..) there are some working cards, eg. for EU there's XAPO, but they give you little limit without KYC and AML authentication.


Title: Re: Ways to Cashout Crypto
Post by: howard.ashoul on November 22, 2017, 01:49:39 AM
There isn't one single answer for all of the people.

  • It depends on your country of residence.
  • What documents are you able to provide to exchange.
  • How fast it has to be.
  • Etc. ....

You can check out this comparison  http://www.coinparator.com/compare-exchanges/  and find exchange, that suits you best. Generally P2P exchanges should give you higher exchange rate, but there's also possibility of a scam. As you're dealing with other people and not them directly.


Title: Re: Ways to Cashout Crypto
Post by: Bakemat on November 22, 2017, 01:53:44 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
In my country there's an application in android that can convert the bitcoin into my money country. And after that it is easy to cashout because i convert the bitcoin into my money country just like a Gcash or other paypal ,atm , paymaya. Or what. This application is called Coins.ph


Title: Re: Ways to Cashout Crypto
Post by: GoldenOrder on November 22, 2017, 01:54:40 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

For those of us who are not from countries (USA, UK, etc) that are allowed to sell or buy in coinbase and such, then use localbitcoins.


Title: Re: Ways to Cashout Crypto
Post by: crzy on November 22, 2017, 02:02:05 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.


Title: Re: Ways to Cashout Crypto
Post by: alfstep on November 22, 2017, 02:11:50 AM
The only way I know is using local exchange by selling our coin to our local currency
If there is no local exchange in your country it might be a bit difficul, for you have use global exchange to convert your coins with USDT, using tether to convert USDT to USD and withdraw to your bank account


Title: Re: Ways to Cashout Crypto
Post by: cryptobullx on November 22, 2017, 02:34:28 AM
Cex.io is great platform to cash out bitcoin money. extra fast transactions. try it.


Title: Re: Ways to Cashout Crypto
Post by: Kulitha on November 22, 2017, 02:55:33 AM
I use cex.io to cashout my crypto . BTC and Eth can be cashout to usd and we can add those usd to our credit or debit card .


Title: Re: Ways to Cashout Crypto
Post by: wooch4aeye on November 22, 2017, 06:04:10 AM
transfer to paypal is so risky method. use exchange sites need too many docs.
 i have prepaid card that used it to cash money from my wallet (paying for sites and gifts)


Title: Re: Ways to Cashout Crypto
Post by: Moesee on November 22, 2017, 06:14:58 AM
Use a good exchange that supports BTC to USD
And that's supported in your country.


Title: Re: Ways to Cashout Crypto
Post by: dillo666 on November 22, 2017, 07:13:46 AM
Firstly transfer your BTC from your Ether wallet to Blockchain account.
If you are living in India then you can transfer these in Unocoin account then to your Indian bank account after selling these on Unocoin.


Title: Re: Ways to Cashout Crypto
Post by: streetlight on November 22, 2017, 12:49:31 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.

The best ways to cash out crypto are if you know people that are looking to buy. This way you can sell them safely and cheaply. If you start having to use third parties then this is where it gets a little more costly as there are fees to the process. You can use online exchanges which have less fees but require more info. Then you have Bitcoin ATMs which are convenient, but have higher fees.


Title: Re: Ways to Cashout Crypto
Post by: Nikola.Sok on November 22, 2017, 12:58:43 PM
You can try to sell it on the stock exchange. The withdrawal of funds from Bitcoin-Exchange takes from 1 to 3 days. You can also buy for bitcoins something in the online store. To buy for bitcoins hosting services, to rent a server. Go to a restaurant or bar and pay off the bitcoins (while in Europe) :)


Title: Re: Ways to Cashout Crypto
Post by: bear100 on November 22, 2017, 01:00:36 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

You can try to use shapeshift or changelly. Those are good services.
Or there are some projects, which allow you to spend crypto from the card directly, without any third party services.
Try bonpay.com . BTC wallet and card, which can be loaded from the wallet. No additional convertations or transactions.
Exchanges are not reliable as those services. Exch can be hacked or just block your account without any warning.


Title: Re: Ways to Cashout Crypto
Post by: audaciousbeing on November 22, 2017, 01:00:57 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There several ways to cash out bitcoin at this time and other new ways are opening up every day. A peer to peer website like paxful will give you the myriad of options that you can make that happen without necessarily having to convert into cash or bank in other stay away from the prying eyes of government or its agencies.

On website such as the one I said, you can convert to AliPay, bank cash deposits, western union, Itunes card, gift card, wired transfer, movie tickets, Payooner, Perfect Money, Square Up, and a whole of options you can choose from depending on which one suits your need. Just look at the internet and there are answers there for you.


Title: Re: Ways to Cashout Crypto
Post by: aardvark15 on November 22, 2017, 01:04:11 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

I’ve used Coinbase to cash out and it seems to work fine for me. Another option is to use localbitcoins for your area. I think there may be a few other exchanges that allow cash outs so you would need to find one in your country.

Also, if you know someone that wants to buy Bitcoins, then that’s the safest and easiest way to cash out and avoid the middle man.


Title: Re: Ways to Cashout Crypto
Post by: erickkyut on November 22, 2017, 01:06:27 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There are many ways to convert your crypto to real money. First you can transact with a person who is looking for a crypto in exchange for fiat money but it is too risky. In our country, our local online wallet has many options on how to cash out our Bitcoin. We can cash it out via money remittance center or we can make wireless withdrawal on a certain bank. We can also directly convert our Bitcoin into real money and cash it out directly to our bank account.


Title: Re: Ways to Cashout Crypto
Post by: Shamie1002 on November 22, 2017, 01:20:32 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There are many ways to convert your crypto to real money. First you can transact with a person who is looking for a crypto in exchange for fiat money but it is too risky. In our country, our local online wallet has many options on how to cash out our Bitcoin. We can cash it out via money remittance center or we can make wireless withdrawal on a certain bank. We can also directly convert our Bitcoin into real money and cash it out directly to our bank account.

I agree. So I think we are in the same country. Just guessing.
OP is right. I just wanted to share my own ways of converting BTC to fiat although he already said it clear.
By via wallet, I am a load retailer. I receive ten percent rebate. So I have converted my btc with a profit.
Another way is by exchanging with my friends. I have friends using cryptos, it's easier because I trust them and wallet connected to remittances.
Also tried banks but IDs are needed.


Title: Re: Ways to Cashout Crypto
Post by: Ucy on November 22, 2017, 01:21:10 PM
Check out www.localbitcoins.com .  It is a great site to buy and sell Bitcoin alone.


By the way, your post is about Cryptocurrency is general, no mention of Bitcoin so shouldn't be here. Should be moved  to Altcoin section.



Title: Re: Ways to Cashout Crypto
Post by: sofi@ on November 22, 2017, 01:24:41 PM
Every country who permits bitcoin transaction has their own specific online wallets but the common was block chain. In my country which is Philippines we have this coins.ph which was regulated by many remittance center and commercial banks and because of that cash out of bitcoin is an easy thing to do we just deposit it directly in our account or thru remittance centers in few minutes our hours our cash were ready to withdraw


Title: Re: Ways to Cashout Crypto
Post by: Jamhuck on November 22, 2017, 01:32:13 PM
I use itbit.com, they're great and reliable, have cashed out large amounts with them


Title: Re: Ways to Cashout Crypto
Post by: bellamae on November 22, 2017, 01:36:35 PM
In my country, there's an app which can be downloaded on cell phones. It's also called a wallet Let's say we can also have a bank account. This wallet is here's depositing our wages in the campaign. And in this wallet we can convert bitcoin to cash. And when we convert we can cash out through cabana, Palawan, etc. And we can transfer it to our bank account. Every country have their own and they can only be used.


Title: Re: Ways to Cashout Crypto
Post by: gesdan on November 22, 2017, 01:52:22 PM
what is crypto? if it is bitcoin you can exchange in on exchanger market on internet sirectly and withdraw your money to your bank account, if your crypto currencies is like DOGE,LTC i think you can sell it first into BTC and sell it into your local currency, because not of all maarket is accept the other crypto to local currencies


Title: Re: Ways to Cashout Crypto
Post by: swogerino on November 22, 2017, 01:56:32 PM
I am using Skrill. Be informed though that when you do withdraw from Kraken or any other exchange they declare where the money goes so you maybe asked where did you get your money from , from different local agencies of different governments if you happen to leave in a not so developed country. A friend of mine was under investigation for one month in Serbia from the ministry of Interior when he withdraw 20000 EUR from Kraken and that was not pleasant to say the least.

Always upload directly from your wallet and exchange through Bitpay and then from Skrill to bank account. Risks are minimal this way if you leave in a country like Serbia for example.


Title: Re: Ways to Cashout Crypto
Post by: frowsiter on November 22, 2017, 04:15:18 PM

My way is pretty simple and I believe it is most common way to acquire the bitcoin and get it converted to fiat currency.


My initial income is from the signature campaign only. So once I receive my bitcoin in my wallet on weekly basis then I will transfer them on to my countries local bitcoin wallet which has exchanger feature and by using which I can simply convert everything into fiat currency. This transaction is KYC authorised and they provide the complete invoices and all to me. After which I can simply withdraw this fiat money into my bank account easily that too KYC verified.


So that’s how everything works for me and it’s the most easiest way to go around it. :-)


Title: Re: Ways to Cashout Crypto
Post by: ross09 on November 24, 2017, 10:57:54 PM
I actually don not know how to cash out crypto in country wherr I am in now ... but in my birth country I think they have apps that needs to download... and  sign up but ofcourse you need to have your blockchain wallet I think its centralize ...where ever you are you need to have your blockchain wallet.. that is all I know and I hope soon I'll learn how to cash out my bitcoin and where to cash out.


Title: Re: Ways to Cashout Crypto
Post by: jovs on November 24, 2017, 11:03:35 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

You could use an exchange like Kraken to convert BTC to USD. Coinbase works too.
That is the best way for people to cash out crypto-currency, we all that bitcoin depends on the price of fiat so the thing is we need to convert or to exchange bitcoin to exchanger before we could used it as a form of physical currency because there is still no physical ewuv of bit on or any other currency that we could used on transactions. But for me it is better to invest and to used Bitcoin in transavtion through out the web , because it could offer faster and reliable transactions.


Title: Re: Ways to Cashout Crypto
Post by: DARKANGEL6415 on November 24, 2017, 11:08:16 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

It just depends on where you live and how fast you are trying to het access to your fiat funds. For example with bitcoin that is held in coinbase can be sold and transferred to bank account in like 2 to 3 days.  If you get a shift card you can link it to bitcoin wallet and spend it in real time .


Title: Re: Ways to Cashout Crypto
Post by: East7547 on November 24, 2017, 11:09:56 PM
Coinbase is probably one of the most reputable


Title: Re: Ways to Cashout Crypto
Post by: rodskee on November 24, 2017, 11:12:13 PM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

it simple to cashout the crypto's came from alt you need to convert your coins into the bitcoins, because alts are not convertible into fiat, but you if have bitcoin and you want it convert into fiat all do have to do transfer your bitcoin in your local wallet accepting bitcoin to convert into fiat in your country.


Title: Re: Ways to Cashout Crypto
Post by: bitcoinmaniac52 on November 24, 2017, 11:14:45 PM
If you want to cash out your crypto, the best way is by using https://localbitcoins.com make an account there and make sure you have a bank account in your country and then you can sell your BTC directly to your bank account in an hour.


Title: Re: Ways to Cashout Crypto
Post by: JID-33 on November 24, 2017, 11:39:01 PM
There are cards like the monaco one and many others coming out. There are also exchanges that will allow you to go from many coins to USD. Wallets with exchange features. And there is always transferring the USD from the exchanges bank to your bank account.


Title: Re: Ways to Cashout Crypto
Post by: xBitHodler on November 24, 2017, 11:42:35 PM
There are plenty of ways to cash out your BTC. Most of the exchanges can send bank transfer directly to your bank account - this is the most common and the most popular method. Some of them also offer withdraw from ATMs. Personally, this method suits me the most because it is really convenient. The only thing you have to do is to enter proper PIN which you are given earlier.


Title: Re: Ways to Cashout Crypto
Post by: samcrypto on November 24, 2017, 11:44:31 PM
I transfer my btc from poloniex to my local wallet and convert it into fiat money easily. I think it really depends on your place.


Title: Re: Ways to Cashout Crypto
Post by: Bardman on November 25, 2017, 12:16:34 AM
https://www.buybitcoinworldwide.com/buy-bitcoin-bank-transfer-account/

Most of those also allow you to withdraw money to your bank account but many of them would ask you for identification, usually ID and proof residence. I personally used Cex.io and it worked out just fine. I used to use
btc-e to withdraw money to my bank account but now that they have changed I don't know if you should take the risk.


Title: Re: Ways to Cashout Crypto
Post by: GreenBits on November 25, 2017, 12:23:36 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Try Localbitcoins, Coinbase, or CEX.io (high fees, but a pretty straightforward verification process now). You can do paypal, but be very careful. this is generally frowned up because folks have the ability to cash back, if the payment gets reversed, your bitcoin is still going to be gone with no recourse (cant reverse a txid). localbitcoins should allow you to withdraw bitcoin to fiat to a bank account, or to meet up with someone in person. if you go the meetup route, please be careful! well lit, well trafficked place during the peak of business hours, or the police station/a library/ a supermarket.

handle it like you would if you were buying something off of craigslist.


Title: Re: Ways to Cashout Crypto
Post by: DRAWDE_3691 on November 25, 2017, 12:25:50 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There are so many ways to cashout a crypto, the method I am using is the P2P (peer to peer) were you have to use oyur localbitcoins flatforms, you can already convert it to your currency with a very little charging fee, then send it to your bank account or any money express. That's what I have been using ever since I started earning.
If you have the guts and trust to someone you know, can do face to face.


Title: Re: Ways to Cashout Crypto
Post by: p3ppymon on November 25, 2017, 12:29:51 AM
I have seen uquid accepting a huge amount of altcoins. I have not tried that service yet, but I think I am going to open an account. If anyone can share a feedback if you have used already such service. It would be appreciated.


Title: Re: Ways to Cashout Crypto
Post by: benjamin11 on November 25, 2017, 01:35:33 AM
There are a lot of ways to cashout cryptos. You can use bank transfer, remittances, or you can send directly to your local cypto wallet.


Title: Re: Ways to Cashout Crypto
Post by: duocnguyen on November 25, 2017, 01:42:47 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
There are many ways to convert bitcoin into real money
For example, they create a paypal account, link the visa master card with the paypal account and transfer it.
Thanks to visa and master card we can bring ATM to withdraw cash
This is my opinions


Title: Re: Ways to Cashout Crypto
Post by: Singwala on November 25, 2017, 02:17:43 AM
Many companies offer their services so our crypts can be bought on Fiat money's. Like Coinbase, Blockchain Wallet. Here we are given the opportunity to withdraw our bitcoins in money. But if our crypts are altcoins you need to go through the exchanger and replace it with the BTC. Of course many fees will be paid.


Title: Re: Ways to Cashout Crypto
Post by: dificanovi on November 25, 2017, 04:27:48 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

if i get crypto money i will sell it in etherdelta. after that I will make to bitcoin at bitcoin.co.id after that I will transfer to the ATM for my take the form of cash.


Title: Re: Ways to Cashout Crypto
Post by: kiver on November 25, 2017, 05:12:07 AM
i have to say first that bitcoin is a real money but of course it's not accepted by the whole world yet you might need sometime some fiat to cover some personal expenses (until crypto gets accepted every where ) if you are in europe or south america it will be easy to get a visa card for bitcoin likee xapo,spectrocoin, advcash, but if you are from another continent you can try localbitcoins this is the only way if you want some cash i hope this helps you friend my regards..


Title: Re: Ways to Cashout Crypto
Post by: AjithBtc on November 25, 2017, 05:15:37 AM
Many companies offer their services so our crypts can be bought on Fiat money's. Like Coinbase, Blockchain Wallet. Here we are given the opportunity to withdraw our bitcoins in money. But if our crypts are altcoins you need to go through the exchanger and replace it with the BTC. Of course many fees will be paid.
Yes several exchanges were offering the service to withdraw money to the banking accounts with some sort of fee as well limitations in the withdrawal. Other than this it's good to use the trading websites similar to localbitcoins which provide access to different traders based on the locality.


Title: Re: Ways to Cashout Crypto
Post by: Bruce1614 on November 25, 2017, 05:19:24 AM
There are a lot of option to cash-out your crypto. Example is finding a wallet software or website whereto store your coins that has a withdrawal option. Also you can convert it into BTC then send it to the wallet. You can now withdraw it like in Coinbase.


Title: Re: Ways to Cashout Crypto
Post by: Kemarit on November 25, 2017, 05:33:56 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Try Localbitcoins, Coinbase, or CEX.io (high fees, but a pretty straightforward verification process now). You can do paypal, but be very careful. this is generally frowned up because folks have the ability to cash back, if the payment gets reversed, your bitcoin is still going to be gone with no recourse (cant reverse a txid). localbitcoins should allow you to withdraw bitcoin to fiat to a bank account, or to meet up with someone in person. if you go the meetup route, please be careful! well lit, well trafficked place during the peak of business hours, or the police station/a library/ a supermarket.

handle it like you would if you were buying something off of craigslist.

Personally, I would go with the Localbitcoins routes. Face to face is the best thing do, but as GreenBits pointed out, you need to be cautious and look for a trusted member and meet up should be a place where there's plenty of people around, don't meet in an alley or something that you are not comfortable. We are just lucky that we have our local exchanges that will give you the option to convert bitcoin to fiat in an instance and you can go to a bank withdraw it without having a physical card, they will just provide you with a 16 digit code and a pin code. Then you can still transfer your converted fiat with a lot of banks.


Title: Re: Ways to Cashout Crypto
Post by: yamortsac on November 25, 2017, 05:34:20 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
In my country there's an application in android that can convert the bitcoin into my money country. And after that it is easy to cashout because i convert the bitcoin into my money country just like a Gcash or other paypal ,atm , paymaya. Or what. This application is called Coins.ph

We have the same application, and i can say that it's a good converter of bitcoin to local money and vice versa, then I easily transfer it to a bank account to withdraw the money whenever i need it.


Title: Re: Ways to Cashout Crypto
Post by: Malaya on November 25, 2017, 05:39:33 AM
There are various ways to cash out your crypto currency like for example bitcoin. You can cash it out to USD using a bitcoin wallet app. Like in the Philippines, there is an app used by millions of people to cahs out their bitcoin by simply following the instructions on the app. The amount equivalent can be cash out through the bank account you want to put and that will be reflected automatically in few hours depending on the quota.


Title: Re: Ways to Cashout Crypto
Post by: worldtraveller321 on November 27, 2017, 01:45:13 AM
to cash out BTC or any other currency? is going to sell option the only way? there is no way to just directly cash out?


Title: Re: Ways to Cashout Crypto
Post by: Wowcoin on November 27, 2017, 01:58:08 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
I'm here in Philippines bitcoin have easy to way cash out in here i used bitcoin local wallet have different methods to cash out the bitcoin. I can use bank and remittances to get the money.


Title: Re: Ways to Cashout Crypto
Post by: Xabad on November 27, 2017, 02:21:50 AM
There are several ways to convert your bitcoin into fiat currency. You can use online exchanges to do it or you can sell it to a person who wishes to buy your bitcoin.


Title: Re: Ways to Cashout Crypto
Post by: Brama Jasa on November 27, 2017, 02:32:22 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

how to monetize bitcoin? you can exchange it at the exchange of BTC to USD after that you can widraw to your bank account


Title: Re: Ways to Cashout Crypto
Post by: irienoodles on November 27, 2017, 02:41:30 AM
in our country - you can convert your coins to cash then deposit it on your bank account, claim it at a remittance center, have it delivered at your door, convert it to mobile money, or convert it to a cash card.  ;D


Title: Re: Ways to Cashout Crypto
Post by: detector on November 27, 2017, 03:02:25 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

Bitcoin IS my money

...

What he means is fiat / his currency

I'm usually convert bitcoin into fiat with trusted local exchanger. It's easier for me to do transaction using bitcoin so I'm sure every country also have their local exchanger


Title: Re: Ways to Cashout Crypto
Post by: tinystone26 on November 27, 2017, 03:05:35 AM
I think you can exhange it in local application like in our country they made an android application that can convert Bitcoin to our money. And if you want to exxhange it just search your local exxhanger that you use.


Title: Re: Ways to Cashout Crypto
Post by: jagmrx on November 27, 2017, 03:09:23 AM
There are various ways to cash out your crypto currency like for example bitcoin. You can cash it out to USD using a bitcoin wallet app. Like in the Philippines, there is an app used by millions of people to cahs out their bitcoin by simply following the instructions on the app. The amount equivalent can be cash out through the bank account you want to put and that will be reflected automatically in few hours depending on the quota.

I think it's pretty easy to change Bitcoin into a flat or cash shape. I do not know about cashout abroad, but if in my country, Bitcoin is so famous that many people are selling Bitcoin. There are so many exchangers or currency changers in my country, who accept Bitcoin. So usually, if we have Bitcoin, we can transfer our Bitcoin into the wallet of the intended exchanger. Then the exchanger will transfer the money in the form of flat or cash into our local bank account. This is very simple and safe. But you must know which exchanger you can trust. Usually we ask people who are in various facebook groups and trusted online forums in my country.


Title: Re: Ways to Cashout Crypto
Post by: LordDisick on November 27, 2017, 03:11:58 AM
In my country we can easily cash out our bitcoin by using the app called coins.ph we sell and convert our bitcoin to local currency then transfer the money to our local bank or any money remittance. Its easy and hassle free.


Title: Re: Ways to Cashout Crypto
Post by: patrickj on November 27, 2017, 03:30:09 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
In my country, I cashout my bitcoin thru the use of coins.ph wallet the apps from my country. I can easily transfer all my earnings in bounty and signature campaign. At first, I trade my ERC 20 tokens that I got in bounty campaign that is listed in particular exchanges to bitcoin. Then, after that I sent it to my coins.ph wallet and cashout thru remittances or bank transfer.


Title: Re: Ways to Cashout Crypto
Post by: morkriger on November 27, 2017, 04:18:29 AM
Most countries (excluding those fools whom don't like BTC) probably has a local exchange platform or service. I sugest do research about that services before use them and as possible avoid use of physic money. I sincerely hope that each day physic money be used less and less, I totally disagree with the Idea of pass by a bank as intermediary when you need local physic money inevitably, like for food or public services (at least in my country, and I'm pretty sure also in many more).


Title: Re: Ways to Cashout Crypto
Post by: jancukiyah on November 27, 2017, 06:33:18 AM
You should search any app in your country to convert your bitcoin into your local money, because there's any app to convert bitcoin into local money in my country. It's so simple, I just verified my bank accounts in this app and than I can convert my bitcoin to local money and put them to my bank accounts, it's just as simple as that.


Title: Re: Ways to Cashout Crypto
Post by: Malamok101 on November 27, 2017, 06:44:58 AM
I think you use bittrex or poloniex to direct your bitcoin when you cacashout for crypto because the sites I provide are exchangers for crypto. Since most sites for exchanger for crypto also do not pay so it's better on popular sites to make sure you can get as many exchangers for crypto for bittrex and the fee for payout is low just for you.


Title: Re: Ways to Cashout Crypto
Post by: sungaiyangderas on November 29, 2017, 07:55:18 AM
I think Localbitcoins is the best and easiest solution to withdraw your money, you can easily exchange bitcoins with Localbitcoins. But stay alert and watch out because scammers are everywhere nowadays.


Title: Re: Ways to Cashout Crypto
Post by: TheUltraElite on November 29, 2017, 07:59:01 AM
I think you can exhange it in local application like in our country they made an android application that can convert Bitcoin to our money. And if you want to exxhange it just search your local exxhanger that you use.

You might want to think on that twice before doing so. It is true that cashing out some bitcoins draws them away from the market and you can essentially bank the profit. However since the price is on the all time rise for this week, no one can say how far bitcoin is going to go. That said I still agree that it is risky to keep speculating and rather get some profit off the market.

What I suggest is to sell some of your bitcoins to get profits and keep a hold on the rest for future.


Title: Re: Ways to Cashout Crypto
Post by: Givebirth on November 29, 2017, 08:14:03 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

In our country we have local wallet which you can use to store your bitcoin there and convert it into local currency there are partner banks and remittance of our local wallet so that you can easily withdraw into real money. And I Think most of the country have local wallets which you can use to withdraw into your local currency. And as for paypal there are online wallets that support paypal sir you can search it on google there are many wallets that support paypal.


Title: Re: Ways to Cashout Crypto
Post by: adamcro on November 29, 2017, 08:32:29 AM
Here is a list of exchange sites where you an exchange bitcoin for fiat currency https://cryptocoincharts.info/markets/info


Title: Re: Ways to Cashout Crypto
Post by: whoisyourking on November 29, 2017, 08:52:41 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There are lots of lots of possible solution and answer to your question, You can use exchange website to be able to convert your crypto currency in to physical money. you can use coinbase but in my country we are using coins ph.


Title: Re: Ways to Cashout Crypto
Post by: Jentos777 on November 29, 2017, 08:58:44 AM
tell me a good exchanger?


Title: Re: Ways to Cashout Crypto
Post by: chongo on November 29, 2017, 09:34:14 AM
Just get Tenx Card, load some btc, eth ... on it and spent it - easy


Title: Re: Ways to Cashout Crypto
Post by: kiddeon123 on November 29, 2017, 10:17:42 AM
here in our country which is the phillipines we have only one accessible wallet that we can use to exchange our bitcoin. These is coin.ph, using bitcoin we can send our money in coins.ph partnered bank and also remittance centers, these are more comfortable for us because remittance centers are more accessible.


Title: Re: Ways to Cashout Crypto
Post by: Snub on November 29, 2017, 10:58:11 AM
I use Localbitcoins or Coinbase in different situations. You can easily get some cash with that services


Title: Re: Ways to Cashout Crypto
Post by: xAnima on November 29, 2017, 11:57:58 AM
I guess cashing out cryptocurrency can be done in a lot of ways. Some of my friends told me that they can cash out their crypto or bitcoin by cashing out thru banks.


Title: Re: Ways to Cashout Crypto
Post by: worldtraveller321 on December 01, 2017, 05:53:36 PM
i used Canadian bit coins.com

it worked well


Title: Re: Ways to Cashout Crypto
Post by: Digitalbitcoin on December 01, 2017, 06:15:01 PM
Till date there are not major exchanger for exchanging cryptocurrencies directly to fiat currency. To get cryptocurrencies to fiat, first user must have to exchange their crypto against BTC and then have take their BTC to their local exchanger to exchange them in fiat. This is the only way to get crypto to fiat. Otherwise there are many untrusted sources to exchange your altcoins. Currently ETH only have local fiat currency exchanger.


Title: Re: Ways to Cashout Crypto
Post by: criticoflife on December 01, 2017, 06:22:51 PM
Centra tech is working on this right now. Very soon they will become a major force in converting crypto to fiat with no fees aside from the card cost. I ordered mine just waiting for it to arrive. Another venture i have seen that is working on this also is Oxycoin, looking at there website it looks rather promising. The way crypto has gone it won't be long before there are multiple easier ways for people living outside of europe,usa and japan/korea.


Title: Re: Ways to Cashout Crypto
Post by: LancienMaleAlpha on December 01, 2017, 06:46:01 PM
Using exchanges is the #1 step. Then the ways of exchanging BTC to local money will depend on the laws and policies of your country. If your country restricts the amount of local money which you can have then you better withdraw your exchanged money little by little.
But there's another way. If you have some friends or other people whom you could trust, and they want to exchange cash to BTC, then you better choose that way.


Title: Re: Ways to Cashout Crypto
Post by: worldtraveller321 on December 05, 2017, 03:14:15 AM
that be nice if that exists as being in Canada at the moment I only found one or 2 services that I can do a cash out, but its only if I sell first


Title: Re: Ways to Cashout Crypto
Post by: worldtraveller321 on December 05, 2017, 03:16:50 AM
so also when I want to cash out other currencies like say if I had ripple. I have to exchangle ripple into Bitcoin or Ether and then sell? for a cash out?


Title: Re: Ways to Cashout Crypto
Post by: Hobo66 on December 05, 2017, 03:23:54 AM
I used https://hiribi.com/ cashout bitcoin to paypal and they process my payment
correctly with an additional bonus as well for selling your bitcoin.
I also use https://cex.io/ (https://t.co/h2pGxcEcdd) to withdraw bitcoin to visa debit card and they process payment instantly AA+


Title: Re: Ways to Cashout Crypto
Post by: DRAWDE_3691 on December 05, 2017, 03:29:30 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

I only use two methods, I already have my bitcoin wallet in a flatform coins.ph and coinbase, then, I convert it to local money and send it to my place through moneygram and cebuana- easy process and low processing fee.


Title: Re: Ways to Cashout Crypto
Post by: gribble on December 05, 2017, 03:34:49 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
Usually i made withdrawal my bitcoin to fiat money via local exchangers on my country, so if you want do withdrawal depending on where do you live, if on your country there are no market place for bitcoin you sell the bitcoin on localbitcoin.com, i don't recommend to sell bitcoin for Paypal due to this service is doesn't support for bitcoin, they hate bitcoin. You can use skrill and neteller because bitcoin is supported for fill the funds on there, so if have made investment in bitcoin and right now you have got return of investment, will be better withdrawal them due to the digital coins are very high risk. Good luck


Title: Re: Ways to Cashout Crypto
Post by: Ararbermas on December 05, 2017, 03:35:12 AM
The way i cash out my money is through coins.ph which is very easy and fast without struggle and very reliable. On that site you can choose a different banks to convert your bitcoin to fiat.  But only here in our country.  


Title: Re: Ways to Cashout Crypto
Post by: Dudeperfect on December 05, 2017, 03:47:57 AM
Technically, when it comes to the cashing out, I go with Localbitcoins due to the availability of the traders and multiple payment options so you can try it if you are willing to cash-out your BTC. If you have alt-coins then you can use the platforms like Changelly to convert your Altcoins into the BTC, However, from my personal experience, I find it most user-friendly yet expensive. You can try some domestic exchanges too but in my country, I have limited options as of now.


Title: Re: Ways to Cashout Crypto
Post by: AsusBitcoin on December 05, 2017, 04:01:29 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
you need to find out first if there is a local exchange site(wallet) for your country. Then you can start converting your crypto currency (bitcoin) into your country currency. You may able to cash out your money through those wallet.


Title: Re: Ways to Cashout Crypto
Post by: Alluro on December 05, 2017, 04:11:03 AM
Localbitcoins, Coinbase and cex.io are good sites for cash out bitcoins.


Title: Re: Ways to Cashout Crypto
Post by: yonjitsu on December 05, 2017, 04:51:14 AM
Trade your crypto into major exchanges like bittrex, poloniex, hitbtc, or etherdelta will do. Once you've already converted it to bitcoin, that's the time to send that btc to your btc wallet and cash it out in any banks or money remittance center anywhere in your country.


Title: Re: Ways to Cashout Crypto
Post by: Tux99 on December 05, 2017, 08:41:39 AM
As now bitcoin not really usefull as currency so need to cash out your bitcoin sometime.
Normally i cash out in local exchanger in my country. And since its local exchanger so they send me cash through local bank transfer. Fee around $4.


Title: Re: Ways to Cashout Crypto
Post by: cluend on December 05, 2017, 08:49:48 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

eg transfers to paypal? is so risky I tried it before and my account stopped.

best way is find user near to you and ready to pay cash or waste more of bitcoin in localbitcoin and alt sites


Title: Re: Ways to Cashout Crypto
Post by: Bounty_Hunter on December 05, 2017, 08:53:38 AM
The most convenient way in my opinion is to use LocalBitcoins. It is the most convenient and fastest way I know.


Title: Re: Ways to Cashout Crypto
Post by: khaled0111 on December 05, 2017, 09:22:21 AM
if you want to cashout your coins, first, you have to xchange them into bitcoin and you can do that via any
exchange platform.
Then, you can use Localbitcoins to cashout where you will sell your bitcoins to someone near and he will pay you directly in FIAT.
If you want to exchange your bitcoin to a mopre common currency like dollar and receive it on an ebank, many platforms provide such service
and dealing with them is really easy, all you have to do is to send them Bitcoin and they will send you money in your ebank account.


Title: Re: Ways to Cashout Crypto
Post by: heleng05 on December 05, 2017, 09:28:30 AM
I think if your not in my country just search or look for your localbitcoin because here in my country I'm using coinph that can cash out my bitcoin to my money and that's why I can get it anywhere here in my country.


Title: Re: Ways to Cashout Crypto
Post by: 12tribes on December 05, 2017, 09:34:30 AM
There are several ways:
You could sell to anyone who wants to invest in the bitcoin business. The person transfers the cash into your local account while you transfer the bitcoin or crypto of request to the person's account.
Another way is to contact certified, trust worthy dealers. Be sure you know who you are dealing with though.


Title: Re: Ways to Cashout Crypto
Post by: tanghere1 on December 05, 2017, 09:35:30 AM
There are numerous sites to convert your cryptocurrencies into cash(cash-out). Best site is Localbitcoins.com check it out and register an account. Don't forget to watch some tutorials on youtube about navigating Localbitcoins. I't easy once you get used to it.


Title: Re: Ways to Cashout Crypto
Post by: Masterio on December 05, 2017, 09:36:57 AM
I just go to a local bitcoin shop and cashout my bitcoin for $. That easy.


Title: Re: Ways to Cashout Crypto
Post by: smartut on December 05, 2017, 09:39:38 AM
It depends on your country and what documents are you able to provide to the exchange.
you can sell BTC easly in "localbitcoins" but watch out from scammers.

btw - one of my friends is using bitfinex, i never tried them but according to him they are fine  :)


Title: Re: Ways to Cashout Crypto
Post by: Anne8 on December 05, 2017, 09:41:23 AM
You must sell your crypto to USD, go to an exchanger to trade your crypto. And then you can withdraw with your account bank

I think if there is local exchanger in his country would be easier to cash out to local currency through bank.
Or you can also find sombody for example your friend then they will pay you in cash.
But maybe bit difficult a person since most people make transaction in exchanger.


Title: Re: Ways to Cashout Crypto
Post by: pat4cryptoreal on December 05, 2017, 09:48:37 AM
There are several ways of cashing out your bitcoin.  you can cashout through exchangers that changes bitcoin directly to fiat, you can sell to an individual that you know, you can withdraw through bitcoin ATM if there is any in your country.


Title: Re: Ways to Cashout Crypto
Post by: wilhb81 on December 05, 2017, 10:07:29 AM
Normally, I use Localbitcoins to trade (buy & sell), as it's one of the most reliable Bitcoin's trading platform for now.

For the Ethereum's trading - I use several of them, including coinhako and remitano (Both of them have their own pros and cons)

If I want to trade Monero - localmonero would be the ideal choice (at least for me)

PS: All these crypto's trading platforms offer local online banking transfer, which is what I needed the most~


Title: Re: Ways to Cashout Crypto
Post by: tenkuna on December 05, 2017, 10:12:37 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
The simple way to turn it into real money we can sell it to people who need it and in return we get cash.


Title: Re: Ways to Cashout Crypto
Post by: Gabteb on December 05, 2017, 10:58:46 AM
the main problem with projects like Bonpay and others with plastic cards can be used only in EU and all answer to question about other countries ,same answer as soon as posible.


Title: Re: Ways to Cashout Crypto
Post by: Adnan Saleem on January 01, 2018, 09:05:20 AM
You can use peer-to-peer service such as Localbitcoins or BitBargain and sell your crypto-currency at a premium, sometimes charging more than 20% above the market price. This option, however, will take some time as you will be required to send appropriate documents for verification purposes first, and only when approved you will be able to become a seller. Also, you will need a bank account that accepts “faster payments”. The risk carried with this option tends to be moderate as you're exposing yourself to potential chargebacks....


Title: Re: Ways to Cashout Crypto
Post by: Timeme on January 01, 2018, 09:08:21 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?
In principle, your country should have exchanges and so on, so you can cash these tokens through the exchanges and exchange them for French COINS.


Title: Re: Ways to Cashout Crypto
Post by: maxblockm on January 10, 2018, 05:04:22 PM
You must sell your crypto to USD, go to an exchanger to trade your crypto. And then you can withdraw with your account bank

Nobody mentioned https://bitpay.com yet???

Also https://hiribi.com


Title: Re: Ways to Cashout Crypto
Post by: spring07 on January 10, 2018, 08:59:09 PM
Use your local exchangers to cash out. No stress no hazzles.


Title: Re: Ways to Cashout Crypto
Post by: amadocuaresma on January 14, 2018, 10:38:29 AM
In my country you can cashout on some banks or you can pay your bills thru crypto but the most people do are to cashout it using pawnshops.


Title: Re: Ways to Cashout Crypto
Post by: bug.lady on January 14, 2018, 10:41:36 AM
There are two ways to do it that I seriously consider. One is buying gold paying with bitcoin and than selling gold as you would normally do. The other is using the localbitcoins contact to arrange for a private meeting and exchange of the tokens to fiat. Both have advantages and disadvantages. I would first try it with small amounts to learn of their advantages and disadvantages and then go slowly higher.


Title: Re: Ways to Cashout Crypto
Post by: r1a2y3m4 on January 14, 2018, 11:56:02 AM
Here in the Philippines. I only know one way to cash out bitcoin and cryptos. On a crypto exchange, Exchange you altcoin for bitcoin then send the bitcoins to coins.ph and from coins.ph you can cash out btc using its current rate and you can withdraw it on security bank.


Title: Re: Ways to Cashout Crypto
Post by: Geoll29 on February 06, 2018, 02:16:46 AM
To cashout crypto you need to have an account with bitcoin. You can transfer your crypto money to bitcoin. Then your country has a local bitcoin. You can transfer your bitcoin to this local crypto of yours. But to simplify you can just send your bitcoin through paypal.


Title: Re: Ways to Cashout Crypto
Post by: weblouartisan on February 06, 2018, 02:20:56 AM
As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

I think that there are only two ways to cashout cyrptocurrency, paypal will be one of the way to cash out if the exchanger does have a method where you can transfer your coins and automatically being converted to fiat. Some of the country as well is not hindering cyrptocurrency to flow in their area so it is possible to convert your coins to fiat immediately.


Title: Re: Ways to Cashout Crypto
Post by: hinpoc.hin on February 06, 2018, 02:40:20 AM
i think you should find a bank in your country that has a crypto-fiat exchange


Title: Re: Ways to Cashout Crypto
Post by: doublecoins on February 07, 2018, 08:30:35 PM
paypal is good but payapl changes law everytime so better to take to bank


Title: Re: Ways to Cashout Crypto
Post by: AriannaSantosUU on February 08, 2018, 09:51:52 PM
There are different way to cash out your money. You can do money transfer or through a bank, or bitcoin friendly outlets. But are you trying to cash out? This is the time to buy not to sell.


Title: Re: Ways to Cashout Crypto
Post by: semenencoa on February 08, 2018, 10:19:04 PM
I prefer localbitcoin.com, but everything depends on country where you want to do it... The system is not so good for cash out, better to pay with bitcoins. AML is the main problem!!!