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Author Topic: What is the best way to cash out?  (Read 2479 times)
gerXhonza
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June 16, 2016, 08:36:48 PM
 #61

If I have to cash out my coins then I would prefer to transfer it to my bank account and for that I think localbitcoin is the best place as the traders are trusted and it takes few minutes for credits.
Erzatium
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June 16, 2016, 09:30:10 PM
 #62

If I have to cash out my coins then I would prefer to transfer it to my bank account and for that I think localbitcoin is the best place as the traders are trusted and it takes few minutes for credits.

When I need to cash out, I use kraken. Just deposit your bitcoin there and request a bank transfer to your own account.
Usually it takes just 1 day (SEPA)
Btcvilla
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June 16, 2016, 09:31:06 PM
 #63

Without anyone knowing your name or address?

Localbitcoins or a bitcoin atm (if available in your place). The former option needs you to meet someone physically and trade face-to-face. You don't need to give him/her anything about you, just setup a place where you two would meet. The latter is as easy as scanning a qr code and wait for the cash to come out of the machine.

Bitcoin atm's need a photo I.D in a lot of places.
NewInCryptoCurrency
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June 16, 2016, 11:24:07 PM
 #64

The best way to cash out is when you are doubling your money, as a example you should wait till its on the right price for you and than sell it, mostly that is just the best thing you can do because of the fact that the bitcoin can go up or down very fast.
Rizky Aditya
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June 16, 2016, 11:40:19 PM
 #65

Without anyone knowing your name or address?

Localbitcoins or a bitcoin atm (if available in your place). The former option needs you to meet someone physically and trade face-to-face. You don't need to give him/her anything about you, just setup a place where you two would meet. The latter is as easy as scanning a qr code and wait for the cash to come out of the machine.
The buyer won't know your name but Localbitcoins will. To be able to sell on localbitcoins, you need to give them your id and have it verified. So someone will know your name which is not what OP wants.
Hugroll
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June 16, 2016, 11:44:32 PM
 #66

Without anyone knowing your name or address?
you could sell your bitcoins here for a wire transfer or something, also try localbitcoins. or you could just buy stuff online that you need with bitcoin.
Nevis
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June 17, 2016, 12:40:08 AM
 #67

Bitcoin atm's are the best for that.
Yeah! That's true. It is easy to cash out. ☺
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