how to turn your blockchain balance into real money?

[BitcoinCommodor]

I don't know how to cashout? I am from Romania, what are the possibilities to cashout a large sum of money at once?

I don’t know how it is in your country, but you can easily cash out with Coinbase or Xapo. Then another thing is that your may likely question how such an amount got in if you have never received close to such an amount before. Apart from Coinbase and Xapo you can use localbitcoin to sell to local exchangers and get it paid in to your bank. Make your choice

[welchmgra]

There is no blockchain balance. Blockchain is a technology system, not related to economy. Bitcoin is a payment made to promote blockchain technology. You can convert
Bitcoin to cash on exchange through the exchange, you can find a seller from a country you are on https://localbitcoins.com.

If you can receive EURO I can hel you with OTC but your funds need to be in one of the following cryptocurrencies: Bitcoin, Ethereum, Dash, NEM

SKype: amadeual

Thank you

Blockchain balance means cryptocurrency balance and to cash out your cryptocurrency from blockchain wallet, you will have to transfer it to some cryptocurrency exchange and they will transfer you your required money in your local bank account. This is the method of withdrawal. But always use authentic exchange for your transactions to avoid scams.

[Ganbound]

Well there are so many large bank in the world that are accepting bitcoin but be careful some of them are regulated by the government and some of them will questioned you what are the sources of your funds so be careful always complete your documents just in case. There are withdraw button in some wallet online.

I prefer to exchange crypto to fiat on a number of local exchangers and this is safe from government monitoring rather than having to switch to a large bank. I sent crypto to the exchange and then I converted to Fiat and I sent it to the local bank account in our country

It is good idea to convert your cryptocurrency into fiat because in many countries it is hard to convert cryptocurrency into local currency because of the government issues. In my country the government has banned cryptocurrency and now we are facing hardships in cashing out our cryptocurrency. It will take some time to legalize and regularize cryptocurrency in my country.

[bitbunnny]

Like many have already explained, to get fiat money first you have to transfer your Bitcoins from wallet. Some prefere to exchange it through one of the multiple exchanges or localbitcoins. But that will cost you fees and unfavourable exchange rates.
Personaly, I don't like that way but I'm using Bitcoin debit card. It's much more easier and convenient and your funds are always available to you on a card. I suggest to try this.

[stabsee83]

Well there are so many large bank in the world that are accepting bitcoin but be careful some of them are regulated by the government and some of them will questioned you what are the sources of your funds so be careful always complete your documents just in case. There are withdraw button in some wallet online.

I prefer to exchange crypto to fiat on a number of local exchangers and this is safe from government monitoring rather than having to switch to a large bank. I sent crypto to the exchange and then I converted to Fiat and I sent it to the local bank account in our country

For small trades the LBC is the best way to do that with anonymity since the fiat transferred to our account only from the local guy so there will be no attention on your accounts but be careful with selling amount of bitcoins which can exceeds the limit of you bank account balance.

I don't think it's possible they will withdraw funds by exceeding the set withdrawal limit, because that is the main thing that must be considered, but if you make a withdrawal by exceeding the limit, then I don't think it will be able and there will be a warning. Yes, instead of directly transferring crypto to a large bank, it is better to use a local exchange available in your country to convert crypto to fiat and then transfer the large bank in your country.

In those countries that do not allow bitcoin it is hard to cash out your bitcoin wallet, because the government will not allow you any transactions. They think that bitcoin investment is illegal and putting money is not allowed. Besides in those countries where investing and trading is no problem, you will face no obstacles to convert your bitcoin into your local money.

[umar22pk]

Blockchain is not a wallet but it is a technology to control transactions between users. You have some coins or token which you want to cash out for that first of all you convert your tokens into BTC or ETH using some exchanges.

After collecting your BTC or ETH you can sell in any international buyer like local bitcoins
https://localbitcoins.com/ or remitano https://remitano.com

[cancoinl2]

Exchanges are the most popular way to turn bitcoin into fiat money. Mostly, they require creation of account, to which you can link your bank account, and in a quick, easy way withdraw the money. But you should remember about fees. Another way to turn bitcoin into physical cash is to use person to person trading sites. Maybe you’ll even manage to sell it above market value, depending on number of sellers and buyers of btc in your area.

[@Mhaiang]

You can cash it out anytime you want as long as crypto is not prohibited in your country because there may be a case that you are doing crypto in other country where crypto is legal and now you're already in your country that prohibits the use of crypto. Hope that it's not your case and if so, you can really turn that one into real money. Here in our country, we have is a digital wallet that we can use to make online payments or buy digital currency such as Bitcoin, Ethereum, Ripple, and Bitcoin Cash.

[Rembedful]

Perhaps you should have a dollar card of any Bank,and exchange bitcoin for a dollar,and then transfer dollars to the card does not represent a problem. Is the payment system of the Capitalist,Payeer,AdvCash,PerfectMoney.
 Is not considered for advertising, but on the Yobit exchange you can exchange bitcoins for dollars.

In my country I use okpay for converting my bitcoin into my local money. I send then bitcoin from my blockchain wallet and they send my local currency into my local bank account. It is as simple. There is no problem in transactions, but you will have to choose authentic exchange for your money transition to avoid any scams and hardships. Many anonymous exchanges are fraud.

[trollercoaster]

I do not know if there is local crypto exchanges in your country but if there is, the best way to send your bitcoins from your wallet to exchange and convert them to fiat. Otherwise the best solution to look for local buyers on forum. I strongly recommend you to use escrow.

[jeepuerit]

I don't know how to cashout? I am from Romania, what are the possibilities to cashout a large sum of money at once?

I am in philippines, I am looking at coins.ph which have a variety of online currency exchange rates such as bitcoin, ethereum and riple, so at coins.ph I can invest bitcoin and other currency or transfer to various other exchangers with more coins, if you do not have any coins in your area look for your bitcoin entry point or a lot of networking that can be cash out or cash in bitcoin.

[Tnt1971]

I am Bangladeshi,where bitcoin is not accepted but America dollars accept .first I converted my Bitcoin into dollar then I converted dollars into my national currency.

[hermankoles]

every country must have a local exchanger or exchanger that supports your country's currency, if you don't find it you can see the sub forum for your country about this exchanger. You just have to send the blockchain balance to the local exchcag and so you can withdraw it to the local bank, it's quite easy right?