Bitcoin Forum

I don't know how to cashout? I am from Romania, what are the possibilities to cashout a large sum of money at once?

There is no blockchain balance. Blockchain is a technology system, not related to economy. Bitcoin is a payment made to promote blockchain technology. You can convert
Bitcoin to cash on exchange through the exchange, you can find a seller from a country you are on https://localbitcoins.com.

The best and fast way would be localbitcoins as Granxis recommended.
Here is the list of traders who deals in your local currency (List of Romanian traders (https://localbitcoins.com/instant-bitcoins/?action=sell&country_code=RO&amount=&currency=RON&place_country=RO&online_provider=ALL_ONLINE&find-offers=Search))

But I would like to tell you one thing, just never release bitcoin upfront without getting payment.
Telling this from my practical experience which happened few days ago.

I opened a trade at localbitcoins (bitcoin to moneygram) to pick up the cash from my location. So after opening the trade the trader was chatting with me very friendly way and then suddenly telling me to release the bitcoin and then he will send payment info. And then when I denied to do so, he was calling me scammer. Later I just told him what is the meaning of an escrow? And I also told the trader that if anyone read our conversation then everyone will be able to identify who is scammer. After spoiling my 2.5hrs he canceled the trade from his end. Otherwise I had to wait 5-8 hours to get my fund from escrow. Though I also contacted support for the help.

You should also not make a trade of large sum at once for your own safety.
Choose 2-3 traders and also divide the total money into many parts and do the trade one by one.

Just be safe!

That is a good enlightenment. You've really thrown more light into it.

Maybe he do mean blockchain.info wallet balance? but quiet confusing since he didnt mention about its a wallet or literal the blockchain thing thing. Lets assume this is a blockchain balance then you can easily make it turn into real money. Localbitcoins would be the place and also there are exchange that do easily make convertions that you can easily exchange your btc to local fiat then directly withdrawn to your bank.

I'm assuming you mean blockchain.info, and if so, you just need to register on an exchange and verify your account. From there you can deposit your bitcoin and sell it for your local currency.  ;)

(However I recommend HODLing)

1) It's not blockchain balance, it's your bitcoin balance. If you have the money stored on blockchain.info, it's still bitcoin, blockchain.info is just a site where you can store your Bitcoin.

2) If you want to cash out a large amount, you're best off using an exchange. However, the main issue with that is that you end up paying fees. If you can't do an exchange, maybe the currency exchange section on this forum will be of use to you.

Yeah if he want to cash out he needs to transfer that amount to an exchange for example localbitcoins.com which also available in Romania.But the fee is considerable less in blockchain wallet when compared to coinbase or electrum.But he also have to pay deposit fee for depositing in localbitcoin wallet.If he don't want to pay extra amounts he can search for a trusted direct traders on here forum.But as a newbie he may caught get in the hands of scammer so it is better to go with the exchange so his money will be safe.

You have a good idea about blockchain and bitcoin, I got more interesting knowledge. Looking forward to receiving more from you. The crypto market is flourishing and I think this is the best time to invest.

Coinbase is good to cashout your bitcoins, first thing you need to do is make an account on coinbase. After that you send your bitcoins from blockchain into Coinbase wallet. You can do large transaction at coinbase, just verify your account. Actually I don't know is romanian can use coinbase or not, i hope yes.

You can convert all of your blockchain balance into bitcoin then after that, you can convert your bitcoin into your own currency or Romania currency.

As i can understand you have bitcoin balamce in blockchain.info wallet and want to exchange it with fiat money, right?  There are two ways you can do that, simply open a localbitcoins.com account and find trusted buyer residing within your locality. Secondly, you can create an account on coinbase and sell your bitcoins there for fiat currency. Choose one method  that you feel is easy to process

I could also recommend this option. Localbitcoins is one of the most convenient ways to cash out bitcoins and you can choose among different options.
But I wouldn't recommend cashing out large amount at once and at one bank account, especialy not in Romania, that could lead him into trouble. Better cash out smaller amounts and don't attract attention.
Other way could also be bitcoin ATM if there is any in the city you live.

I think the main answer for that is you should transfer your fund in local bitcoin wallet to cashout your fund, blockchain is universal wallet but there is no option for cashing out our fund there, we can only used yhat wallet to hold our bitcoin.

There are many bitcoin to cash exchange wallet in the market in that localbitcoins is one of the good one for the long time. We need to find the more deposit value increases in lbc wallet also in the recent days.
You cannot able to use the blockchain wallet to exchange the fund if there is any online e-commerce or elsewhere. I am really sure then only bitcoin can be used.

I’m also saying the same thing, if you want to withdraw your Bitcoin you should make use of localbitcoins to find an exchanger and then sell to them. But I think the op knows it is called Bitcoin, cause from what he said – how do I withdraw my blockchain balance–, so there’s no need to think he’s a dummy.

Blockchain does not provide that service as of now. If you want to buy and sell you should have the wallet in the coinbase wallet. You can do this expectation with that wallet still they are not a trusted wallet by anyone since they does not shared the private key to us.
As you said there are some fiat exchange providers are there in the market, LBC is the one of the best service provider to exchange the bitcoin to cash. Almost for all the countries they give the service. If they takeaway the deposit fees as like before. It would be the best exchange.

best way to turn your wallet balance into real money is p2p sellers (use local board to find some).
also, try to use some online sellers sites like paxful,.........
if you want to cashout more than 10,000$ avoid using exchange sites.

in blockchain you can only do shipping transactions and not to look for bitcoin funds. for that you need exchange and localbitcoins is one place to convert your btc into fiat. for you to make a quick disbursement. it is the best way to dilute your bitcoin fund. and the limit of transaction limit is usually set by a certain exchange

Must be he was referring to cashing out from a wallet at blockchain.info,  but I should be expecting he ought to know far better about wallets - how to use them effectively and how to secure them, if truly he has got some big amount to cash out or how exactly did he come into the coins in the first place? I pray it isn't anything am thinking  8) ??? 8)

I use the card of the Advcash system, works fine, with low commission, cooperates with Visa

Try localbitcoins probably it is available in your country. I think that's your best option since for sure there are a lot of traders in localbitcoins that can buy your bitcoins piece by piece and eventually be able to sell everything if in case you have so much that it is hard to sell everything. But if you are talking about something less than $10,000 then that's not really a problem. I've had experience trading at that level and I only had to talk to one person, though that is not in Romania, so I am not so sure. You should probably try to talk to one of the traders on your localbitcoins area.

You can try bitcoinromania.ro, they also have a BTC ATM in Bucharest.

You can cash it on the exchange. First you find an exchange, after the registration, there will be some kind of block chain wallet, you prepaid phone to exchange their own digital currency wallet purse, wallet through exchange into legal tender! The general process should be like this, hope can help you!

With blockchain balance do you mean blockchain.info wallet balance?
If yes, you can't cashout directly from it, you need to sell or exchange your bitcoin and then get the fiat currency
I can recommend you LocalBitcoin which allow you to sell your bitcoins and receive real money with your local currency, it's easy

He probably means that, he can cash out directly there but in case that he is from some third world country he will need to look for some other way, like trough some exchange site that is connected with some bank in his country or trough localbitcoins site. Many times people don't give enough informations about what they exactly mean, and how can we help him. He could at least say where he lives, in which country, if he is from Serbia for example I would exactly tell him which ways there are for cashing out, if he is from some other country someone else would give better advice.

Blockchain is an online web bitcoin wallet and your balance on blockchain is bitcoin. To turn your bitcoin into real money, you can use coinbase service or localbitcoin. Well i'm not from serbia but usually people use coinbase or localbitcoin to cash out their bitcoins into fiat.

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You need to sell the bitcoins to get real money.

In order to cash out, you must convert your altcoins to bitcoins  and you need to make a bitcoin wallet. In my country we used here the Coin.ph to convert my bitcoin to national currency and then cash out. But I don't  know in your country if what wallet you are using for cash out. I think you should ask for your friends who are resident also of your country.

There are many bitcoin to cash exchang wallet in the market in that localbitcoins is one of the good one for the long time. If you want to buy and sell you should have the wallet in the coinbase wallet but there is no optio for cashing out fund there we can only used that wallet to hold our bitcoin. it's the best way to dilute your bitcoin fund.

You cannot turn from blockchain to real money because blockchain is the name of the technology of electronic money. You can only switch from cryptos to real money by putting the cryptos on your home exchange and selling them for cash. However, if you sell cryptos you are buying fiat money, and fiat money will gradually decrease rates over time but never increase like cryptos :))

Go to localbitcoins and sell it someone for Cash or Instant bank transfer?

Or you can also register on a local exchange, trade it for your local currency and then probably withdraw the money in your currency directly from the exchange.

He want to withdraw his balance from BlockChain and change to real money using their localwallet because he/she want to cashout but he/she don't know what is the recommende wallet for their country, ( am i right @CRST?? )

By blockchain money I assume that you have funds on your blockchain.info wallet and you want to cashout it which means that you have bitcoins that you want sell.

I would suggest you to sell at Bitstamp for a bank transfer- if that's a large amount you will probably need to pay tax in order to release the trasnfer, it really depends in your country, but that's going to be the easiest way to sell your bitcoins.
If you are looking to sell at cash( trade at extreme caution) I would use localbitcoins.com .
If you trade for cash, please do that at a public place, so their chances of the transaction to fail would be lower.

There are some websites like btc markets where you can sell and you get the money in fiat immediately so you can transfer it to your bank by yourself, and also try hitbtc.

You are lucky that in your country you have the exchange, the real problem is for those people who live in a country where either there is no exchange or the exchanges charge a very high value of the commissions, and this thing really demotivate you in trading. A good part of your profit is taken away by these exchanges. The best way to convert it into fiat currency is to apply for PayPal or Payoneer type cards so that you can get the money with less deductions.

I hate the word "real" associated with fiat money. I think Bitcoin and other cryptocoins are more real than fiat currencies.
Said that, if you need to convert Bitcoin to your local fiat money, there are many ways, but it depends on the method of payment you wanna use.

For example, if you like paypal, the safest way is to use the website I have in my signature.
Instead if you need it in your bank account, there are many exchanges out there which do wire transfers.
You can find a list of exchanges here:  https://exchangewar.info/ (https://exchangewar.info/)

Yes i have tried this site , This is real. Just be safe in case of selling or buying large quantity of bitcoin.

Paypal also have the deductions, so the questions remains that how to minimize the deductions in form of commissions? Is it possible that some new company like paypal or moneygram starts accepting bitcoin in their franchises around the world with lowest possible deductions? Because this idea can be helpful for everyone in years to come.

Two ways!
First,you could choose the OTC trade,peer-to-peer,just sell your blockchain
balance in someone who wanna buy some blockchain balance and you trust in the near your living area!.
Second,you also could choose to trade your blockchain on some big exchanges,this's the most secure way!

Spot on. People however don't see crypto currencies as a worthy/actual form of money, and that yet again shows here. I think we just have to accept that people only see Bitcoin as an investment option rather than a currency.

Fiat is backed by debt and corruption, where on top of that you get a value deduction of your wealth year after year. If people want to keep losing purchasing power, then they should remain a fiat shill.

Once we're years away from now, and no one is looking to sell his coins for fiat anymore, people will open threads asking how they can convert worthless garbage ("real money") into whatever crypto currencies. ;D

You did the most difficult part already, witch is earning crypto.
So Local-BTC would be the way to go.

I always prefer Localbitcontalk as my best site to purchase or sell bitcoin. They are so trust worthy. If you sell your bitcoin in LBC, you would be offered a very good hike from the actual price. We have traders from all over the countries. Choose the trusted traders who have been rated good. Begin your chat with the trader and exchange your crypto currecny to your local fiats.

You just need to google it out :D. There are a lot of exchange on the internet that you can cash out your cryptocurrency but they often accept BTC and ETH only so you need to exchange all your cryptocurrency into BTC and ETH before cash it out. Beside you can find some buyers and sell your cryptocurrency directly for these guys or you can easily sell it all on this forum only but don't forget to use escrow for your deal :)

Localbitcoins is the place lots of people go to buy and sell Bitcoins, and when people ask me where they will sell or buy Bitcoin, I also refer them to LocalBitcoins. But ever since I got into Bitcoin, I have never used LocalBitcoins site for buying and selling, even for once. What I did was find an exchanger through a forum, and he lives in same country with me, yep I know it’s risky cause you might get scammed, but he has been honest and have been doing business for few years now, and I can tell he’s a good guy.

Yes you can use this site (https://localbitcoins.com/) for buying and selling your bitcoin but you need to take time for that also it is good if you sell or cash out huge amount of bitcoin. But if you want instant cash out you need to find an exchange to used. Please refer to this https://www.buybitcoinworldwide.com/romania/ sometimes we should need to used search button.

In my knowledge, the blockchain is understood to be a technology of digital money rather than cryptos so you cannot withdraw cash. So you need to determine which cryptos are currently owned and then bring them on the exchange floor to convert them to cash.

 :'( He actually got me cracking my nut. I was more like , what does he mean? Do your conversion to fiat either to dollar or your local currency and enjoy the good life of bitcoin. I see blockchain as the hardware and bitcoin as the software  ;D

First of all blockchain is not a currency. Regarding on how will you cash out your balance, you could convert it through exchanging sites. Most of the trading sites have a convertion of bitcoin to dollar and vise versa hence, it would never be a problem to cash out your savings.

First upon let me clear you that blockchain is not balance or currency it’s wallet to store your BTC or eth. With the help of blockchain service you can put your all BTC here it’s remain safe and secure. Blockchain is not only show you the price charts as well as it keeps your BTC and eth safe. And second one if your friend wants to buy BTC then sell it and take the real cash from it. If you do this with your friend both of you save your transaction fee and you can also sell your BTC at localbitcoins.com.

You shouldn’t be telling him that, he already knows that. He just said it in a way that seems more understandable to him. And more over, someone already explained that first. What you should be advising him is not cash out a huge amount at once to avoid his bank blocking his account out of suspicions that he’s into a dirty business. You should be withdrawing the money little by little, and taking a out a huge sum at once.

The most secure way for me  is to use a exchange like COINBASE . i had no problem with them. However fees are quite high and there are banks who don't interact with COINBASE. other option could be finding a trader around the locality.

I use the services of the bank "Epayments". Works all over Europe and CIS countries. This bank accepts the crypto currency for replenishment. And you can cash out to the mastercard card of the same bank.

You are not being very specific when you say a large sum of money, people have different ideas of what that is, if the amount of money that you are thinking is really big then its impossible to cash out all at once and not bring attention to yourself, now if the amount of money that you want to cash out is relatively small you can use local bitcoins, just be careful if you decide to do a face to face trade.

Maybe you are talking about your bitcoin wallet balance. How to cash out a large amount of money? You should have ask someone who introduced bitcoin to you. I’m pretty sure he/she can help you with it. Or you need to transfer your money in your local wallet and do not withdraw a big amount at once because it is hard for the bank to give you a big amount instantly. Split the amount if that is really big.

It is simple but the problem will be in your local banks because when you cahoots your crypto your local bank will ask about the way you earned such big money. You cannot mention crypto because in many countries cryptocurrency is banned and trading in it is illegal. Many people use crypto to hide their black money. That is reason it is now allowed.

If you want your bitcoin to cashout means, through online itself you can done. There are so many local exchanges are available to change bitcoin to local fiat. So choose the best exchange and change the bitcoin to your local currency and transfer the money to your local bank account. For this process you have to pay some transaction fees. You have to check which exchange gives low transaction fees then you select that particular exchange.

Yes there are many ways to convert you are crypto currencies are bitcoin to Nirmal currencies and and one of the way is exchanges this will help you to change bitcoin S real money have your own country many of the people in this field using exchanges to exchange their two currencies to their normal one country currency.

it may be your intention to exchange from crypto you have to make as fiat currency or real money. personally I usually do is exchange it on a local bitcoin site in my country and after that I can transfer the real money I have on my bank account.

There are many ways to convert your crypto currencies to normal currencies by using exchanges available in online be sure that sites are to be trusted before exchanging.

It is easy, you will have to contact your available exchanger and they will convert your bitcoin into your local currency which you will get in your bank account. There is one problem; if bitcoin is banned in your country then you cannot easily convert your money in your local currency because of the ban. Still it is possible but you will face some hurdles.

Well there are so many large bank in the world that are accepting bitcoin but be careful some of them are regulated by the government and some of them will questioned you what are the sources of your funds so be careful always complete your documents just in case. There are withdraw button in some wallet online.

Are out of mind. Which bank accepting the bitcoin to deposit or payment service. If you ask me, I will say the answer is nil only mate. I do not find any one so far. When I want to convert my bitcoin into cash I mostly prefer the exchanges only mate.
Since the governments unable to stop the usage of the exchange using crypto currencies they are regulating with the 20 percent or something in taxation bro. I really like to use the localbitcoins all the time when I am gonna exchange it for fiat cash.

This has been posted on December 2017 and I think OP got the way to cash out his balance on blockchain.info.

What you are saying is far away from what OP is asking. About the deposits, it can be questionable if you are depositing large amount amount of money or by transferring big balance from blockchain wallet > exchange > bank.

There are many exchangers in the market. You can choose one of them you trust the most. You will transfer your bitcoin or Altcoin to them. They will change your crypto into dollars because many exchangers do not have local currency exchange so they will change in US dollars and then you can convert your dollars into your local currency. Never use banks for transaction.

When I want to cash out my bitcoin, I contact Okpay which is the most reliable and authentic exchanger. I send them my bitcoin or Altcoin. They convert in in dollars and then in my local currency and send it to my bank account. Select crypto exchanger in your country and contact them for transferring your coins. They will do the rest for you.

Yeah you are right. In my country bitcoin and Altcoin are banned and there is no bank accepting crypto so far. If the banks start this service then deposit and withdrawal will be easier. It is possible but after legalization of bitcoin be the governments. In developing countries it will take long time but I am sure one day it will happen and the entire world will use banks for their transactions.

People continue to use as well turn bitcoin into real money through different means. The best in practice in use is our forum. People used to find the person who would like to buy bitcoin in exchange for real money. Further they make the transaction and get paid in bank or in hands.

Blockchain is the technology not an exchange. You cannot convert money in the blockchain. If you want to convert your bitcoin into real money means there are lot of local bitcoin exchanges is available in the market. Choose the good exchange and you can transfer your money to local fiat. For this process you have to pay some transaction fees. Otherwise you can store it in local exchange and once the price increase at that time you can exchange the bitcoin to real money.

You can convert your money in any crypto currencies dude not a blockchain. You have seems little bit knowledged person about the blockchain usage but still you lagging in the bitcoin or other coins bro.
Please do not use the local exchange where you can find the crypto to fiat cash option. They wash out with the taxation in high amount with them. All time best you need to choose the localbitcoins to exchange your money with the trusted traders.

By saying blockchain balance you probably mean a crypocurrency( a currency/token that relies on a blockchain network). there are tons of exchange which allows users from over the world to exchange real world money into cryptocurrencies and verse  versa, the process is pretty much easily, it doesn't cost a lot of money but it may require you to reveal your identity.
For an example, you can try and use Bitfinex.com , after registering your account and uploading your KYC information, you will be able to trade in the site and withdraw funds to your bank account.
Just take in your mind that before withdrawing the funds you will probably need to alert your bank and your local tax officer that you are going to receive it.

Converting our blockchain money into our real country money is very simple but if you need any wrong move it will be really tough  , so the process is very simple using exchanging sites you can change your crypto currencies to you were real country money but using your gut exchanges will always very helpful for easy exchanges

I always use crypto exchanger when I want to withdraw my holding. It is easy, just send them your coins and they will convert it into dollars and then in your local currency and will send it to your local bank account. To avoid questions about the sources of earning money never withdraw all your holding at one time. Small amounts will keep you safe.

I use the localbitcoins service and local exchangers. Millions of people are waiting for a companies to realize the possibility of quickly exchanging cryptocurrency for fiat money. Imagine how it would be cool, you insert a card (which is tied to your cryptocurrency wallet) to the ATM and withdraw cash quickly.

Thanks for the information you shared. I just sold for some people want to buy bitcoin on facebook. I text and meet people who want to buy at a coffee shop. Maybe from now on, I will use coinbase

There's a lot of option for that but the coinbase is most popular on crypto market and crypto community itself. Finding some P2P into facebook is too risky men, they can set up a trap so easily specially if you don't know the true identity of who you meet up.

meet up is not risky as long as you meet up on secured places with guards or you can also bring a company with you for an even security. meet ups are more secure than doing transactions online . anyone can pretend to be somebody online and if ever you got scammed , there is no chances that you ca recover your money.

anyway. it is actually pretty easy to turn you cryptos into a real money. right now there are now lots of wallets with built exchages that accepts direct trade and withdrawal instantly via several cash out options such as banks , money remitance center , cash delivery ,etc.

To convert the crypto currencies into fiat cash there are plenty of ways for it in local exchanges mate. Internationally many people want to exchange coins mean they would be go with localbitcoins.com exchange mate.
Please check the traders who is giving good offer for you. Once you receive the payment in your bank account.
Then you can release the bitcoin to the trader mate.

There are many ways to trade in this market.
It is possible to add multiple balances and then convert them into clusters
Or let them add value and convert
I think it is more reasonable to switch to cash trading
There are many other ways, but I often use this way to make the most of the property.

There are stationary exchange offices in every country in Europe I think, where you can sell your Bitcoin for cash.

I've heard some people use blockchain in reference to bitcoin. Like "you need to open a blockchain account first" when trying to sell bitcoin. I think it's starting to become a bit of slang maybe?

Another good P2P trading system is Bisq. It's through the Tor network so is more anonymous, and has an escrow system like localbitcoins. There aren't a lot of people on there however, and most trades are USD, EUR or GBP, which might be hard if you can't open a current account in those currencies in Romania.

You can convert it to USD in an exchange site then cashout using paypal or bank account dont know if some trading sites has that feature but it's worth the shot. In our country bitcoin is accepted and some company or bitcoin wallet provider made it possible to convert our bitcoins to our own fiat.

You can convert your Cryptos in fiat currency using the Alluma Mobile App- http://bit.ly/AllumaAppDownload4 . Convert your tokens into fiat currency and use them with ease. You can even trade the tokens and make profits by joining the Trading Competition- https://hubs.ly/H0dzx1K0

You can achieve fast cashing on all large trading platforms, even if you are from Romania, you can do all the operations through the trading platform!

Either way, when Bitcoin is owned, there must be a place to store Bitcoins, which is the purse, which is most commonly used as a Blockchain purse. Once you've got Bitcoin money on your wallet you can use it to pay for goods or services, but this payment method is not yet widely available. Usually, people will have to withdraw the amount of Bitcoin into cash and then spend for convenience.

IMO every country have their own exchange except your government forbid it ( maybe you can ask your other sibling about that )
So it won't be too difficult to find one because bitcoin is worldwide currency !

Yes always take care when you are having to use those exchange/swap trade services - usually is best to use trusted escrows and don't directly release the Bitcoins for sure - too many scammers out there. Just do your best not to be conned out of your hard earned Bitcoins/moneys.

Nowadays some exchange allow withdrawing your money as USD. So if you have an option in your country then you can do it. But if you can't then you can use bestexchange site to find out the better option to convert your Crypto coin into your easy option as I do.

Many exchanges allow withdrawals but he can't withdraw large sums in a day. If he want to withdraw more money, he needs to confirm the personal information. In general it is not too difficult. Bestexchange is also a good option to do this.

Not many exchanges, but simply most local exchanges will allow that. The thing about withdrawing huge in a day depends on the level of account you are holding which most of the time when you have a verified account, it would be easy to withdraw as much as you can in a single day without any issue.

Moreover, the only issue is that local exchanges are usually available for certain parts and does not necessarily cover every country, so in this case, this is where the individual will have to do their own research to find the one that is available to them.

But people have different ideas of what that is, if the amount of money that you are thinking is really big then its impossible to cash out all at once and not bring attention to yourself, now if the amount of money that you want to cash out is relatively small you can use local bitcoins, just be careful if you decide to do a face to face trade.

It is very much easy. Just sign up to one exchange where you can exchange the Bitcoin to fiat cash.

My suggestion to check and exchange the bitcoin you need to go with the localbitcoins.com exchange and sign up there first. After that you can find some good trader and sell or buy coins.

I am quite surprised. Blockchain is not an abstract concept for metrics. If it's a cryptocurrency balance you can trade or place an OTC order on some decks. or withdraw on a separate wallet.

If you can receive EURO I can hel you with OTC but your funds need to be in one of the following cryptocurrencies: Bitcoin, Ethereum, Dash, NEM

SKype: amadeual

Thank you

I prefer to exchange crypto to fiat on a number of local exchangers and this is safe from government monitoring rather than having to switch to a large bank. I sent crypto to the exchange and then I converted to Fiat and I sent it to the local bank account in our country

This is not even a hard thing anymore. A whole lot of exchanges are popping up each and every day locally just to be able to assist in the conversion of cryptocurrencies to fiat, which we all know since real life usage of cryptocurrency is not paramount yet, it is a needed service at the moment and these exchanges are making quite a lot from the fees. The thing here is to just find one that is close, or simply if you cannot find any, make use of the P2P platforms like localbitcoin to do your transactions.

I do see many individuals in bitcoin community are having this problem. This is just due to lack of research to find their easier way to convert bitcoins into their fiats. If they check with their colleagues or friends, they can easily find one.

For small trades the LBC is the best way to do that with anonymity since the fiat transferred to our account only from the local guy so there will be no attention on your accounts but be careful with selling amount of bitcoins which can exceeds the limit of you bank account balance.

I don't think it's possible they will withdraw funds by exceeding the set withdrawal limit, because that is the main thing that must be considered, but if you make a withdrawal by exceeding the limit, then I don't think it will be able and there will be a warning. Yes, instead of directly transferring crypto to a large bank, it is better to use a local exchange available in your country to convert crypto to fiat and then transfer the large bank in your country.

Perhaps you should have a dollar card of any Bank,and exchange bitcoin for a dollar,and then transfer dollars to the card does not represent a problem. Is the payment system of the Capitalist,Payeer,AdvCash,PerfectMoney.
 Is not considered for advertising, but on the Yobit exchange you can exchange bitcoins for dollars.

I don’t know how it is in your country, but you can easily cash out with Coinbase or Xapo. Then another thing is that your may likely question how such an amount got in if you have never received close to such an amount before. Apart from Coinbase and Xapo you can use localbitcoin to sell to local exchangers and get it paid in to your bank. Make your choice

Blockchain balance means cryptocurrency balance and to cash out your cryptocurrency from blockchain wallet, you will have to transfer it to some cryptocurrency exchange and they will transfer you your required money in your local bank account. This is the method of withdrawal. But always use authentic exchange for your transactions to avoid scams.

It is good idea to convert your cryptocurrency into fiat because in many countries it is hard to convert cryptocurrency into local currency because of the government issues. In my country the government has banned cryptocurrency and now we are facing hardships in cashing out our cryptocurrency. It will take some time to legalize and regularize cryptocurrency in my country.

Like many have already explained, to get fiat money first you have to transfer your Bitcoins from wallet. Some prefere to exchange it through one of the multiple exchanges or localbitcoins. But that will cost you fees and unfavourable exchange rates.
Personaly, I don't like that way but I'm using Bitcoin debit card. It's much more easier and convenient and your funds are always available to you on a card. I suggest to try this.

In those countries that do not allow bitcoin it is hard to cash out your bitcoin wallet, because the government will not allow you any transactions. They think that bitcoin investment is illegal and putting money is not allowed. Besides in those countries where investing and trading is no problem, you will face no obstacles to convert your bitcoin into your local money.

Blockchain is not a wallet but it is a technology to control transactions between users. You have some coins or token which you want to cash out for that first of all you convert your tokens into BTC or ETH using some exchanges.

After collecting your BTC or ETH you can sell in any international buyer like local bitcoins
https://localbitcoins.com/ or remitano https://remitano.com

Exchanges are the most popular way to turn bitcoin into fiat money. Mostly, they require creation of account, to which you can link your bank account, and in a quick, easy way withdraw the money. But you should remember about fees. Another way to turn bitcoin into physical cash is to use person to person trading sites. Maybe you’ll even manage to sell it above market value, depending on number of sellers and buyers of btc in your area.

You can cash it out anytime you want as long as crypto is not prohibited in your country because there may be a case that you are doing crypto in other country where crypto is legal and now you're already in your country that prohibits the use of crypto. Hope that it's not your case and if so, you can really turn that one into real money. Here in our country, we have is a digital wallet that we can use to make online payments or buy digital currency such as Bitcoin, Ethereum, Ripple, and Bitcoin Cash.

In my country I use okpay for converting my bitcoin into my local money. I send then bitcoin from my blockchain wallet and they send my local currency into my local bank account. It is as simple. There is no problem in transactions, but you will have to choose authentic exchange for your money transition to avoid any scams and hardships. Many anonymous exchanges are fraud.

I do not know if there is local crypto exchanges in your country but if there is, the best way to send your bitcoins from your wallet to exchange and convert them to fiat. Otherwise the best solution to look for local buyers on forum. I strongly recommend you to use escrow.

I am in philippines, I am looking at coins.ph which have a variety of online currency exchange rates such as bitcoin, ethereum and riple, so at coins.ph I can invest bitcoin and other currency or transfer to various other exchangers with more coins, if you do not have any coins in your area look for your bitcoin entry point or a lot of networking that can be cash out or cash in bitcoin.

I am Bangladeshi,where bitcoin is not accepted but America dollars accept .first I converted my Bitcoin into dollar then I converted dollars into my national currency.

every country must have a local exchanger or exchanger that supports your country's currency, if you don't find it you can see the sub forum for your country about this exchanger. You just have to send the blockchain balance to the local exchcag and so you can withdraw it to the local bank, it's quite easy right?