Bitcoin Forum

Hello guys, can someone please advice on how to: convert  BTC to USD via western union and receive the transfer in Latin America.

I want to sell some bitcoins but I see there are a lot os scam sites

Try LocalBitcoins (https://localbitcoins.com), you can sell it to Western Union on there, depend on seller. But be careful with some scammer on there.
Or go to Currency Exchange (https://bitcointalk.org/index.php?board=53.0) section and create thread if you want sell it with western union. Make sure use escrow.

It is not a perfect time in BTC to USD because currently it is big dump in the market so better you should sell later will earn profit. But if you need stable cryptocurrency just exchange to USDT because it is always maintain a 1 USD so we don't panic in any situation. If you plan to stable crypto USDT is fit for you.

Localbitcoin is the best way to convert your bitcoins to USD or your localfiat,because those sites uses escrows so you need to release the bitcoins only after you got your money but the prices may differ according to the seller which maybe higher or lower than the actual market rate.

Yes local bitcoins are very useful sites far is changing something witty CFR minutes so I also agree with your point you can make exchanges with this site it will be very useful and easiest for all the types of uses a bitcoin.

Here in exchanges section you can find the guys who is doing the western union payment service. They will be able to help you in that mate. Apart from that you can find the localbitcoins.com also as a option to convert your bitcoin into USD.
https://localbitcoins.com
Once get into this link select the country and payment option you want. Then finally you can find the traders to sell your BTC.

You can go and try Localbitcoin, they accept Btc in exchange to USD. That's the best way to do it, but accept the fact that the price maybe lower than what you expect. Remember always be careful because there are still scammers out there so better research first before you do the transaction if you don't want to lose your btc.

There are so many ways, you can simply sell your BTC to someone in exchange for USD and the person will send the fiat currency through western union. Ya, just like other users might have stated, buyers can be found in localbitcoin but you need to be super careful cause some of them tends to be fraudsters in disguise. Try and get a buyer around your vicinity and request for face to face transaction.

But I'm not sure I have read western union provides such service. If it has started that will be very good. I think you can do your transaction through local bitcoin or exchange.

There's no direct exchange where you can use western union to make your btc into USD so you have to trade it with someone who's in this type of business.

Given all the ideas on how you're going to do it, you only need to look someone on LBC or Currency Exchange that's willing to do the trade for you.

I haven't seen a service from exchanges to do this so you have to do it manually.

I second Localbitcoins. Look for buyers that also send the money straight to your bank account. There are also person to person trades which can be quite an experience lol. But with texting and internet messaging it can be a good way to do trades.

You  can do it in a trading site or exchange site or a bitcoin wallet provider that your country has. If your planning to convert it in trading sites first put an sell order for btc to usdt then i believe some exchanges sites supports withdrawal through paypal or paymaya then transfer it to your bank account then withdraw.

As everyone saying localbitcoins.com is the best place you can convert your bitcoins safely or you still looking for other ways go to the currency exchange section and create a thread regarding your order you may get traders there but most commonly western Union is not a payment method so chance of finding the traders in personal is less.

When changing you are cryptocurrencies to your country or original currency just to be alert with the doing some procedure because anything will happen with the exchanging sites if you are then happening something relevant will be low.

Right. I did the same.
Do it in a trading website or exchange site or bitcoin wallet provider that your country has.
Placing a buy or buy order on your demand feels price is selling or buying.
Consider the market situation fluctuations
Switch to USD or Bankking Internet

If the amount is large look for a person who will change the cash on the Internet a lot of scams . Look for groups you have with cryptocurrency, and there you will find a person .

Why even groups can also scam and even groups can scam more easily. If you want to convert to fiat currency and receive in your western Union then localbitcoins exchange is the best and secure

Yes, you can convert the bitcoins to USD using western union through localbitcoins or some exchange or you can simply open trade req here and hope someone helps you also don't forget to use escrow.

Yeah your best bet would probably be localbitcoins.com as it's easy to track reputation and trustability there. I wouldn't go through Western Union if I were you though because they charge very high commissions. On localbitcoins you can even get cash in some countries so that might be the best option. Some exchanges can send wire transfers (Bitstamp is one of them). Or there might be a local exchange that can help you.

I've also heard good things about bisq because of its security and it's decentralized, but I haven't tried it myself.

Haven't done any transactions through western union, but have seen more traders on trading exchange accepting western union transfer. Making trade with those people will let you get the money through western union. I found those people has got a high profit margin than that of the common market.

You can try BitcoinsCashout.com it allows you to cash out your money to USD via western money and other methods they offer a lot of method not like in other they do not allow many cashout method. You just be carefully in cashing out your money, there are so many scam that you cannot determine that they are scam they are good in hiding out their identity so that no one will knew their foolish action. 

Here is a link I have searched it in google https://www.launchwaymedia.com/blog/2017/8/7/15-latin-american-bitcoin-blockchain-startups-you-need-to-know  (https://www.launchwaymedia.com/blog/2017/8/7/15-latin-american-bitcoin-blockchain-startups-you-need-to-know)

Also if you have a store there like 7/11 why not go there and ask if exchange bitcoin or if you see a little machine there go and see if you an app that could be an bitcoin wallet.

Also I have saw a bitso application in the playstore and the application is in latin why not try to log in and see where you cashout after you exchange your bitcoin to USD. There is a bitso in the link I provided you may have some trust issue because scams this day but why not try using software wallet that can be found in playstore/appstore.

I believe there are exchanges that supports the conversion of bitcoin to USD/USDT i haven't tried if you can withdraw through paypal or bank account but im sure some exchange site has that feature. Lucky for me my country accepts bitcoin and supports withdrawal to our fiat so i dont need unnecessary hassle to convert my btc's.

There are certain exchanges available which can then help you in converting your bitcoin or any other crypto coin into dollars which you can then use to meet up all of your expenditures. However, it is better not to take this step until and unless you are pretty sure that the market value of bitcoin is high enough and that converting your bitcoins will then help you in making more money.

This is applicable, some time ago. But little reminders for the community. Too much personal nature, so good market should share this useful information.

I've come across similar service through the trading platform localbitcoins.com where you can find traders who accept as well provide amount through western union. Heard that western union charges heavy transaction fee than various other similar service renders for withdrawal and deposits.

Wow! I never would thought that it would be okay to sell it in western union? This would be amazing thanks a lot that I got to see this website it is a big thanks

Edit:but this reply would say thisss...


Reading this that it will not be helpful for Western Union to help you in selling your bitcoin  :(

So here I would suggest use your wallet, you electronic wallet that is an exchange that is much easier and a specific wallet contains features where you could widraw your bitcoin income  to USD like my wallet in my country that got different options where you can pick a bank to widraw and I can see thatbis much safer.

i dont know

1. He asking Western union.
2. Why you bumping 2 years old thread?

I use luno platform, they support many countries and yes you can convert BTC to usd or your local currency too, you should try it out, it's available on Android platform and IOS platform

This is not the  right  to convert bitcoin  to USD, because of the situation  of currency  now.

You don't have to find a converter all you need is Platforms that accepts bank deposits to latin america bank accounts, I believe binance exchange supports this, another good one is bitinka.com or bityard, you can also try luno.com I'm pretty sure they support latin america

All you need is exchanges that supports your country, it's not that hard to get, you can start from binance exchange, if you use PayPal the good news is PayPal now supports crypto payment and you can change to dollar and withdraw to your account direct

Nowadays there are so many websites which allows you to sell and buy bitcoin using your local currency my favorite website is localbitcoins.com which works all over the world it doesn't matter which country you live in and it supports cryptocurrency as well for buying and selling

If you have a bank account you don't need to find western union to trade bitcoin for USD, crypto exchanges are capable of swapping bitcoin and other altcoins to USD and deposit straight into your bank account no matter where you are from in the world, start with binance exchange and luno exchange, I'm 100% sure they support Latin America banks

These days these things are easy. Just use Paypal and do the conversion there. Most countries in South America has access to PayPal