There are some ways to get your money from btc in your hands:
1. Use debit card attached to crypto wallet like wirex and withdraw through ATM.
2. Use localbitcoins or simillar that will exchange your bitcoins to SEPA wire (for EU) or SWIFT (worldwide). You receive money in your bank account that could be like mistertango, weststein, revolut etc. Then you withdraw the money by atm with their card - but these bank see that you receive money from people not from coin wallet.
3. Use Westernunion/Moneygram or such service to exchange

Problems:
1. With the first method, wirex currently offer only 250 EUR/GBP per 24h ATM limit and the fees are giant...
2. When you trade like 5-6 000 eur, they ask the source of funds that you are receiving and ask for documents, statements etc shits. You can try to bully them which is not ok or if you are to be honest you say "I have bitcoin and exchange it - the source of fund is bitcoin investments". First choice doesnt work, second makes your account closed.
3. All money exchangers are charging total over 10-15% to exchange your bitcoins to them, also they leave "tracks" - tax advisors could get these info and you could end up of 30-40% taxes + in some countries prison time for tax avoiding.

So there is no normal way to withdraw your 40-50k bitcoins in flat money in your pocket...

Bank account where? Our local bank accounts do not accept any kind of crypto exchanges etc.

I need a bank account with card or prepaid card international that wont bother if you exchange bitcoin to them.

I've recently tried some card issuers N26, Bunq, Wirex, Weststein, Revolut - weirdly most are located in the UK.

After some transactions they ask for the source of funds. Whenever you say its bitcoin - they close your account immediately although its not written in their T&C they do not accept this.

Local banks does NOT like such transactions either - maybe its for security reasons...

What is the best option to withdraw 20-30 000 eur btc by using prepaid cards?

Is there anyone who is using a card for exchanging bitcoin to flat currency and withdraw it at ATM and no problems arise?

Maybe this topic has been through lots of times but there arent many recent news about.

Currently cryptopay.me seems a good choice, their support is active in the forum but have not yet tried them. Wirex have giant fees and only 500 eur/daily ATM limit.

It could be a regular (non-crypto) prepaid card account that wont ask shits after some 10k transferred to it.

Share your thoughts pls as im in a deep need of a good service.

I talk about the shit that they dont return money back when you refuse to give this sensitive info. This is the problem. I'd be glad to stop working with them if they get back my money. But now its like half of a month my money in their pocket.

In a free world, everybody could ask for and tries to do anything. The market is full of offers for exchangers etc.

It is okay when they ask for information. Im against the way they do it - while keeping your money!

I've passed verification, provided all required information. They hold my money and use this as a leverage to push me to give them my sensitive information.

Bitstamp are around for a long time, this could be just a miserable clerk that hates people that make money while he is eagerly waiting for his weekly 400 GBP steering at people's accounts.

It could be anything and it is always miserable when you count on someone to do his work and they steal your money.

And YES this IS a scam scheme - they ask for irrelevant information and refuse to release your money even to return to sender if you do not provide.

If you deposit there and they ask to f*ck your mother or they wont give your money back - what would you do? You'll ask ur mom to go to them or you'll refuse and waste your money - its something like this now:

"Give us the information we want or we take your money and you get nothing".

Its not, i've provided statements - they didnt release funds + was sent from same btc and immediately withdrawn as always.

Same IP/Browser was used + 2 factor auth + sms.

I started using bitstamp as a withdrawal service from btc to my bank account.

Traded around 10 000 eur and suddenly with my last withdrawal attempt my transaction is blocked.

They started asking for source of funds, who is sending me bitcoins, why i am trading with bitcoins, do i have a regular job etc shits.

Ask me for MY PERSONAL BANK ACCOUNT STATEMENT - where i pay my kids stuff etc...

Furthermore they ask me how i trade with bitcoins, to give them LOGS from my localbitcoins account + screenshots of my CONVERSATIONS with people who i trade bitcoins with.

Ask for my trading wallets + everyone who i trade with - names, phones etc - LOL!!!

Totally insane talks!!! This is over 10 days - every day they keep asking for more and more information.

Lately i asked to get my money back to my bitcoin wallet as im not going to share my personal conversations with them.

They count on their shitty "terms and conditions" and "KYC" to gather such sensitive information.

Would you guys share your personal messages on bitcointalk, localbitcoins or FACEBOOK with currency exchanger???

Do you think this is right as i already made a statement that i want my money back to my deposited wallets?

So far bitstamp is holding 300 eur my money, refusing to return that back to me neither to withdraw to my wallet.

Here are some of the unedited logs:





I've already alerted uk internet fraud police, europe comission regulatories and ecustomer.gov about this scheme.
Thanks god i have not got blocked with 3-4 000 eur in account.

BEWARE ALL. If Administration want proove, i have screenshots + can provide teamviewer to ensure what i give here as an information is true!