Bitcoin Forum

What is the cheapest & safest way to cashout altcoin ??

Please name the best exchange from where we can trade in usd and cashout.

Okex. That is if the company of your owned coin or token registered to them. 50k satoshis cash out for bitcoin to bitcoin address. I havent tried the USD trade but they have it, but they will also need more information and identifications about you.
Binance also and poloniex have cheaper transaction fees if you want to get out fast.
Dont use Yobit. That is a hell of fee that they want from a pool which made them already rich now.

You probably need to convert your altcoins to Bitcoin or Etherium, then transfer to Coinbase or localbitcoins to cash out. I don’t think you can cash out altcoins directly unless you know someone that is willing to pay you cash for them. With Coinbase, you will need to set up your bank account with them so they can deposit directly to your bank.

There is no such option for you to exchange altcoin directly for USD afaik, and not all altcoin are listed on all exchanges.
So the best thing to do is, sale your altcoin for btc or eth, and then use localbitcoins, paxful or this forum to convert to USD.
You can cash out through any online payment processors or even receive the money through bank wire, western union, moneygram etc.

And if you use localbitcoins or paxful then do not release the escrow payment until you have received the payment.
Do not fall into word traps from some traders, they will ask you to release escrow payment. This is from my own experience. If you use this forum then don't forget to use escrow.

I'd rather to use localethereum to cash out my altcoins through Ethereum, it is almost the same as localbitcoins.

This would be an another option but most of the time you would really need to convert to BTC or ETH if you do have other altcoins which you cant really cashout it directly without any conversions made.If you are tending on keeping your altcoin then you can just simply store it on compatible wallets but if you do make conversions or total cashout then fees would really vary on each exchanges.

Since you mentioned USD and not USDT, then I think you need to exchange them to bitcoin or ethereum first, and only after that you can exchange them to USD. As for what exchange to use in order to convert BTC to USD, I would recommend Bitstamp, Gdax, Gemini, and Kraken. I don't use them all, I'm just mentioning the biggest exchanges with USD, so you should make some research about them.

rule number 1: we never cash out of ponzi  ;D

Exchange Altcoin to Litecoin
Transfer to Bitfinex, Coinbase or any other and sell for $ / € etc.

If you want to cash out your altcoins then convert it first to Bitcoin. Unless your local crypto currency exchange site accept altcoins. The only hassle to this is the Bitcoin withdrawal fee.