Bitcoin Forum

What's the easiest way to turn bitcoin into cash?

Using a trusted local exchange from your country. Send your Bitcoins to the exchange, they will pay you in fiat and send the money to the bank account providedby you. That is the method I use.

Well as for me the easiest way to turn bitcoin into cash is selling it to your friends its very easy or selling it to someone you trust exchange it to real money its really easy because some people would really give everything for bitcoin and as you sell bitcoin you can even increase the bitcoin's price when you sell it to someone in cash you can try it its easy and its like trading bitcoin is expensive and very popular sell it to people who doesn't know how to earn bitcoin but knows bitcoin :D and double the price :D easy money :D

An exchange or Bitcoin ATM is probably the easiest method to convert bitcoin to fiat. Although most exchanges will require a certain amount of personal information in exchange for this ability.

Assuming you live in a fairly populated area and aren't trying to sell more than a few thousand dollars worth of Bitcoin, try out LocalBitcoins (https://localbitcoins.com). LocalBitcoins only acts as a marketplace that connects buyers and sellers, but finding a buyer is usually pretty easy.

If you have an Android phone, Mycelium Local Trader (https://mycelium.com/lt/help.html) might also be worth trying.

I use uphold.com to exchange... it's by far the easiest and fastest way. you have to go through KYC though

Easiest and cheapest are going to be two different things, I know you only mentioned easiest so I'll just go forward and say the easiest would have to be using an online marketplace such as Paxful and Localbitcoins, though they do incur pretty hefty fees but it matters on what way you want your money back. (Example - cheaper to have money go straight to cash to your bank account)

Cheapest would have to be using a service such as Coinbase, Kraken, BTC-E and so on which allows you to sell and buy bitcoin but you usually must adhere to KYC laws which will take some time to verify all of your ID, Passport and so on.


Those may be easy, but those Bitcoin ATM's take a disgusting amount of money from you. Just steer clear from them unless you're really that desperate to sell quickly. Plus I highly doubt your area has one close to where you live, I know I don't.

The Most Easiest Way to Convert Your Bitcoins into Cash is that You can Go on Localbitcoins.com Website to Exchange Your Bitcoins into Cash Where you can Sell your Bitcoins to Other Users and Also Many Payment Options are Available there or You can Just find a Bitcoin Trader Near you And Convert your Bitcoins into Cash Easily......

You can exchange to many exchanges but I like most no KYC exchanges. I use Bitpanda.com (http://Bitpanda.com) because it allows you to buy/sell up to 1000 Euro per day in bitcoin only if you are email verified. Privacy I think matters a lot when you are using bitcoin that's why I recommend you this exchange if you are from Europe.

+ 1 for LBC on small stuff

I will pay the small fee to avoid face to face with a stranger.  For transactions >10 BTC at a time a known trader with trust is not a problem for me.  I am assuming you are likely trading a fraction of a coin or only 1 or 2 coins per deal.

If by cash you mean, Cash in hand and not in your bank account, then Localbitcoins is your only option. They do have some traders who do cash in hand. You can also consider posting in your local section of bitcointalk if you are from a different country and ask them to do a local deal.

i think you can do the easiest way by selling your bitcoin into cash in local exchanges that available for your country or you can sell it in localbitcoin but you need to find a person that is in the same country like you so you can make a deal with him/her. before you make transaction, make sure that you found the right person and he have a good reputations in localbitcoin so you don't have to be worried to get scam. i think its not hard to find that person as long as you can make a list the top ten person from your contry so you can easily contact the seller to sell your bitcoin. and this is the short and easy way that you can do while you can make your bitcoin grow than before.

You can use localbitcoins or your local exchange services type in your language "exchange bitcoin and you will see some sites which allows you exchange

Easiest way to turn bitcoin is used you bitcoin wallet based on your country if you had there just use it like here in my country we already had web walelt since the bitcoin become a good digital currency but then we easily sell our coins and buyer directly deposit our money into banks within 8 hours.

If you have enough btc try to invest it first to any reliable site with proof of legitimacy because investing takes a high risk but it can make your money a little bit higher. if you have done doing it be sure that you keep your btc to a trusted wallet, then try to exchange it to dollars to paypal or try trade your btc as well, btc is a real money it such a very big thing when you know how to play it.

Use exchange website where you can easily your coins into your prefered currency i just used my web wallet where i can easily sell my coins whenever i am or what time i want i can easily used any remitances that can be use to encash my money.

Here at the Marketplace you'r able to make bitcoins for cash easly by trading with trusted members and/or using escrow

I am using a wallet in coins.ph which is quickly changing my bitcoin to real money. Within a second I can change my bitcoin to real money which I can withdraw in any designated or picked outlets.

there are may ways you can convert your bitcoins into your local avalible cash like bank transfers and all, but getting hard time while reading the rules or stuck on any part well i will advice local trading will be the best method where you can directly trade to your area's local trader and if yo do not have one then why not you become the first

Localbitcoins and vendors there .
Know them and buy in person .
they are in every city and good potential friends too .

Localbitcoins is site where you can sell or buy the bitcoins from the local traders around that country. In your every trade escrow will release the bitcoins once you click the release button after you receive the payment in your bank. Change your btc into fiat with the traders done many traders and 100% trusted people.

Local bitcoins is very reliable form of escrow service, mostly it works if you follow their rules and go with people with good reputation who have recently done well reported business with others.

Actually I will say the easiest form of bitcoin to cash is to just spend it in some way.  So keep the cash you would spend on pizza, use the bitcoin and effectively you have that cash now.  Do that regularly.
Other thing I do is bet my bitcoin but also place cash on the other side of the bet on what I think will win.  If you can get decent odds both ways, you are going to lose the bitcoin gain cash.  I do this as I find lots of esports games have very mixed odds, sometimes you cannot lose

Thank you. My friend too has shared good points about local bitcoins. A trust worthy traders are many here. As said, traders with good reputation are to hope with. The transaction occurs within 2-3 minutes max. His transactions history convince you to have a good binding with the traders in Localbitcoins.

If you can find a Bitcoin ATM machine nearby where you live, cash withdrawal shall be fairly easy.

It is not widely achieved by bitcoin. However you can buy a bitcoin debit card and you can use those card to accessing the any ATM machines near to you to take the money from your wallet. There is fees from the debit card companies to maintain the monthly balances.

Currently its available just in few developed countries not any where best place is localbitcoins.com because its escrow system is best you can exchange all without any problem very quickly working for me also

The easiest is without a doubt localbitcoins, you create an account and just wait, you can even earn a small amount of money with this by charging a small premium over the price of bitcoin at the moment.

In my opinion - https://localbitcoins.com
You can even do face to face cash transactions. Be careful who you are trading with though, check their trade feedback.

Seach for nearest exchanger near your country or in your country. Just like us here in  the philipinnes we have this coins ph, an exchanger where  we can cashout our bitcoin into cash at any time.

Coinbase, Goldmoney Deposits, or a Bitcoin debit card would probably be best.

Coinbase allow you to instantly sell you BTC to Paypal or your bank account; this is probably the fastest and easiest way to get money you can save (If you can't/don't want to use Coinbase you can use other exchanges, there are plenty of alternatives).
There are plenty of Bitcoin VISA/MasterCard debit cards that can be funded with your BTC; this is probably the most convenient, but you've got to spend the money you withdraw from it.
Goldmoney allow you to deposit BTC for gold, of course you'll get virtual gold instead of virtual Fiat currency, but they do offer a debit card you can use to make purchases with.

Hope this helps.

the easiest way to get cash by selling the coins is one Bulgarian site crypto. bg you can translate it with tje chrome and do your thing,  they are fast and secure

How anonymous does bitcoin stay when cashing out like this?

Open account here https://coinsbank.com, deposit bitcoins, order credit card https://coinsbank.com/cards-details, use this card in POS or withdraw in ATM.
Similar services also provided by https://www.bitwala.io

Since the best way is LBC then other because at LBC you can buy sell at your desired price and any time According to bid  market .
But still if you don't like LBC or any similar platform then probably it depends upon your the location that in which country do you live .
I my self in the country India and have much better options to sell and buy Bitcoin .
Usually I am making buy sell with the friend who is a trader ( most trusted ) and secondly when I don't find that friend with good price then sell at the zebpay where I can buy/sell with bid or current price directly instantly .

it is very anonymous, visit the site for more information, but I recommend it, use Chrome to translate when needed

The The bitcoin deposit allows the purchase of gold but you cannot then use it via a debit card.   They only allow normal fiat purchase of gold to be tied to a debit card.    Im not sure if they allow withdrawal in pure gold, I hope so but you'd need to buy a fair bit

I guess it's not, when you want to cash out these days it needs your personal information like exchanges does before you can cash out your Bitcoin to fiat, if you are using this exchanges especially local exchanges in your country makes it easier to withdraw. And btw what website you want to say?

Localbitcoins, but always bring a counterfeit detector if your wish is to convert your bitcoins into cash!

This.  If you want physical cash you have to be really careful about a scam at all stages - use LocalBitcoins and:

-Check seller feedback and make sure that they are reputable.

-Meet in a public place to keep yourself safe.

-Check carefully for counterfeit money.  If the seller is genuine they should not be offended by this.

I also prefer coins.ph because I live in Philippines. It easy to use and can transfer the bitcoins thru my bank directly without any difficulties. Though the verification is still a pain which is vital on verifying the account, it is still one of the best out there.

As stated before I think the best way is to sell them on sites like localbitcoin, that way you earn more and you can easily transfer them to your bank account

If in your country doesn't have exchange which is provide to withdrawal to your bank account, you can use personal exchange service in this forum or use localbitcoin but I don't have experienced to use localbitcoin because I use exchange vip.bitcoin.co.id which is provide withdrawal to my bank account.

Localbitcoin, coins.ph such a good connecting site and an easy way to turn Bitcoin into cash. Also, I would like to prefer selling it to your friends one of the easiest way to turn bitcoin into real money otherwise trusted exchange site are the best.

Yes Localbitcoin is the best way to turn bitcoin into the hard cash but there are some aspects which we need to consider before exchanging which is nothing but the trader with whom you gonna trade your bitcoin for local currency should have good trust rating and huge transactions. you may find some traders charges slightly higher than others and some charge much lesser but will not have good trust rating so always go for the one with good ratings. I wish all the merchants start accepting bitcoin as money

In Bulgaria there are no problems with this, it's still unknown field for the government.

Same here, it is really a good application, I am using it since last year and I am not having any problem with it, it just need some information so you can withdraw you bitcoin to real money, and also converting bitcoin to real money is not a problem, so easy and fast.

Well the easiest way and the profitable way is to sell bitcoin in to the people who can't earn bitcoin like sell to people who really want bitcoin and you can always double the cash or the price of it because its that expensive and also you will try to post it on your facebook or any social media that you have an account with and just post "Selling bitcoin". So that is my easiest way to sell bitcoin tried it and got profit :D and i even supply him all the way with bitcoin :)

If you live in a country where localbitcoins.com is covered, then it will be easier for you to convert bitcoin into cash. For instance, in my country, we have so many ways in which you can trade your bitcoin with someone trusted and in return receive cash through various methods. Mobile money is the most common method to receive the cash.

Using exchanger to convert your bitcoin. But be carefull, you must using trusted exchanger or yor bitcoin will gone

This question depends on what part of the globe you are in. Here in my country Philippines, we have been fortunate enough to have a very good wallet service that we can use to buy and sell Bitcoin anytime. I will not mention the name of the site/company but suffice to say that they made sure that they doing good business by giving more value to their customers. Compared to Paypal, they are doing much better and that is something I am thankful for. They have many ways to cash-in and also to cash-out to local currency. :)

The easiest way to exchange your bitcoins i can recommend is Localbitcoins

Philippines also here! I think we have the same wallet and exchange site. I agree with everything and please be sure that the exchange site you will choose is trustworthy because scam is widespread in the world of bitcoin.

I suggest you take a look at Localbitcoins.com.

There are lots of advantages:

- Fully escrowed transactions
- Reputable site that are used by many of the bitcoin's elite
- Proven track record
- No need for ID, just sign up with a mobile phone.
- You are trading with another user, P2P, which means that you are establishing bitcoin related contacts and may be able to negotiate rates.
- Reputation system in place to filter out scammers.

Enjoy!

It will depend on which country you are living in for me localbitcoins is the best place to sell my bitcoins either in cash or directly transfer to my bank account and they use escrow services which makes that site more safer so there is no chance of getting scammed and all the traders have good trust rating.

Finally i got it...this was one of my query regarding bitcoin exchange with the regional money.....i think this method is good enough...Thanks ;)

Localbitcoins available in most of the countries where bitcoin is been using. If you wish use your bitcoin directly without the help of exchanges. You can switch to using btc debit card. Monthly charges are applicable accordingly. Choose spectrocoin, they will delivered the card any location in the world. I guess buying card is around 10$.

BTCdirect

In my country the best place to sell my bitcoins and get cash is from localbitcoins as there are many traders on that site whom I know personally which makes it ever more safer to sell my bitcoins and they also give me better rates if I sell them outside localbitcoins.

Localbitcoin is a great place to exchange bitcoins to fiat. Its the only place I have ever used and I have no reason to change. Fair rates and good service and support. I've used multiple traders and all have been good. I would highly recommend localbitcoin.

Also no need for documentation or anything like that either. It also uses escrow.

I usually use Localbitcoin and i think just sticking to 1 way is enough

For now I use website available in our country the coinbase, it all depends on the trust rate. I do some research first to avoid any scam or getting all my hard work to dust.

p.s.
Avoid some sites saying that they will double the selling amount.

I generally don't prefer to sell my bitcoins unless there is any sort of emergency and if I have to cash out my bitcoins then I do it on localbitcoins as it is the most trusted place to exchange your bitcoins and you can even transfer it to your bank account in very quick time.

Yes, local bitcoins are the best out of all other exchanges and I have been using it quite some time now. Don't keep on exchanging bitcoin whenever you have bitcoin with, you have because if you can hold it will give you good returns. Myself, I keep holding for my future needs.

This is localbitcoins only because this person to person dealing website where you can make offers to make deals with Bitcoin and cash and vice versa .
Here I like the most LBC Because it is only the trusted way to make deals then anyone site which  one looking better .
Here at the LBC with positive trust you can make also the direct deal with the opposite user if you have  trust .
Besides of the LBC I like much zebpay where I can sell instantly as well as at my desired price by bid option .

I think in your country you have a bitcoin wallet that supports your local currency when converting your bitcoin into fiat. Use a bitcoin wallet supported by your country for an easy cash out.

Depends on the wallet he is using and tgere will likely be fees involved.

In case you are living in a big city and you have more than a few satoshi I would consider selling them in person for cash. You get the money right away and don't have to worry about fees.

There are some ways and maybe the simplest one is to exchange the bitcoin to fiat (cash) face to face. The best option is with a friend of yours or a colleague. After that if there is a crypto ATM near the place you live which usually have high conversion rates and using an exchange service like this which is in my signature and I participate in its campaign.

Sell you Bitcoin to your friend and take local currency ,its simple man. Also you can exchange them paxful or localbitcoins.

use localbitcoins.com You can find who want to buy btc from your local also you can sell it too

I'd have to say it's localbitcoins and also here in exchange section. By the way, if you're from Serbia, your best way to turn bitcoin into cash is ecd.rs. They payout in a few hours and also the whole exchanging process is quite quick (I don't know if they're offering services to the regional countries as well).

From were I come from one can easily be scammed by evil scammers. Most of the exchangers site online are scammers and once your bitcoin got to them they will not credit you with the fait. Local bitcoin should be the best option to me as we can easily have get our Account credited by using escrow.

It depends on your location, in our country we used our local exchanger send our bitcoins to our bank account or any choices we want as long as they support your choice I can turn my bitcoins into cash and withdraw on any atm machine within a minute.

I have my own ways to do it. In order to exchange it, I have a group where I get the best ASK that I give to my friends, and they get me that price the same day. Other cheapest way would be trying out some online exchanges and exchanging through an escrow so that the risk of losing your coins would be least.

Here in philippines we can incash our btc thru 7/11 store. Cebuana and m lhuiller are also accepting bitcoins. That might be the easiest way to have cash.

-sell some bitcoins to someone near you(local)
-exchange them on an exchange like localbitcoins
-Use a currency exchange trader to turn your bitcoins into your preferred transfer method

Exmo seems the most legit way for me to exchange my bitcoins to usd. Good exchange rates and reliable processing. After exchanging you can withdraw your money to your paypal or payza. you can withdraw a minimum of 5$ and thats the best part :)

FInd a vendor in localbitcoin that lives in your country, this is the easiest way to turn bitcoin into cash

If the country you lived in have a local exchange like where I live now, exchange using that platform so that it would be easy if there aren't then convert your bitcoin using any exchange that would be the most convenient to you although finding the one that really is the most convenient for you sometimes can take long.