How do you cash out...

[pawanjain]

First of all, you will have to find an exchange that supports your national currency and then you will have to exchange your coins for it . You can directly exchange BTC for fiat and get the cash in your bank account. If you are not able to find any exchange that supports your national currency then you can visit localbitcoins.com and exchange BTC to fiat. You will have to trade your BTC to a trader on localbitcoins and then the trader will deposit the money into your bank.

[bhadz]

For someone that really wants to get the cheapest method of cashing out your altcoins or even with bitcoin. It must be direct sell or buy through any person that holds that coin. That's how peer to peer transaction will happen. You don't have to get through with any exchanges so that you can avoid fees and this is quick. Another thing is if you want to spend car then ask the seller if they are accepting cryptocurrencies, here in my country you can buy directly with bitcoin and there's some discount using it.

[Angel0]

Most of the exchanger change your Altcoin in dollar or bitcoin, for sure your local wallet has a bitcoin option, transferring from any wallet to another bitcoin wallet is easy.

You just need to copy your bitcoin address from your local wallet and paste it on the bitcoin wallet from the exchanger, the click send after double checking, from your local digital wallet you can chose which outlet can you withdraw your money.

[erasheed28]

We have a bitcoin wallet app including eth as well that we can easily convert our bitcoin/ethereum into cash without fees so if we want to cash out we should finally trade our alts into bitcoin or eth to be able to convert into fiat and cashing it out through a bank or some 3rd party companies.

[mald1to]

Hi all,
Was wondering just wondering as Ive not actually thought about this before is how do you cash out. If I want to turn my alt coins into cash to spend on the latest cars what's the quickest, cheapest method?
Im in for the long haul though!!

Be lucky
Lex

First I'd exchange my altcoins to btc in an exchange where it can be traded. Then I will send it to my btc wallet in my case I use coins.ph since Im in the Philippines. From coins.ph, I will then send it to a remittance center or my bank account so I can finally turn my coins into cash

[Danstan]

Most of wallet has exchanger to Bitcoin so here is the most simple step I could share with you,

1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.

Let me know if you have challenges.

[DoubleShow]

Most of wallet has exchanger to Bitcoin so here is the most simple step I could share with you,

1. From your wallet exchange your coin or token to BTC, ETH or LTC
2. Send it to coinbase
3. Sell
4. Transfer the money to your USD wallet.
5. Transfer to your bank account.

Let me know if you have challenges.

In my country, everything looks much easier. A transfer bitcoin wallet to the exchange and he translates to you the equivalent amount in bitcoin on your credit card you need a Bank. All operations take no more than 30 minutes. Very convenient.

[valera10]

Using coins.ph is a very good and convenience digital wallet in the Philippines. Inside of the wallet their is a lot of options to cash out your money (either bank or exchange). I have a great experience with them from start in invested in cryptocurrency till now. Thanks

Today, for me, one of the most profitable, and one of the safest variations in the output of Fiat - is the Exmo Exchange.

[bitcoin.beda]

First convert all of your token to BTC as this is the universal token, second find in your country where you can convert these bitcoins, as this is case to case basis, but most of the countries support exchanging bitcoins, thats why it is best and safe to convert them BTC if you want to convert them to fiat