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Author Topic: How to convert BTC in real cash  (Read 5425 times)
Nandiwal (OP)
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February 17, 2016, 09:20:19 AM
 #1

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

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VirosaGITS
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February 17, 2016, 09:25:54 AM
 #2

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

Where are you from? North America has Coinbase and many others. Multibit HD is integrating with a exchange that will allow sell and buy of BTC to and from Bank account right now. More region will be added soon but right now its only North America.


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Naoko
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February 17, 2016, 09:28:52 AM
 #3

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

it depends on your country so you need to tell us first where you from so you can get more accurate answers
Herbert2020
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February 17, 2016, 09:54:16 AM
 #4

the best option always is finding someone close to you to exchange bitcoin with cash but finding that person can be hard because you have to watch out for scammers. you might also want to check localbitcoins in order to find a person close to you. but similarly you should watch out for scammers.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
BiTJack
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February 17, 2016, 09:59:23 AM
 #5

Depends on where you live, check out localbitcoins.com. If you are just looking to move some bitcoin in exchange for your fiat currency that's a good option.
You can do face-to-face exchanges too if there's any listing for that there.
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February 17, 2016, 11:48:30 AM
 #6

If you want a real cash, you should find someone who want to trade a money for your Bitcoin. And you can also find those people in this forum or in a Bitcoin trading site.

faucet used to be profitable
nanonymousx
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February 17, 2016, 12:19:30 PM
 #7

You can use many options, Websites like btc-e and bitfinex are direct exchanges with the website, You can do peer to peer transactions like localbitcoins.
teddy5145
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February 17, 2016, 12:24:50 PM
 #8

You can use localbitcoins.com and find a local seller that is available in your area and then sell your BTC to your local currency there Wink
Just make sure to do a trade with a member with 100% green trust so you won't get scammed away Tongue
May i know where you live at ?
If you live in US you can use Circle or Coinbase exchange Wink
gregyoung14
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February 17, 2016, 12:33:20 PM
 #9

There's a lot of trading sites and online currency exchange sites nowadays that are very trustworthy. Actually I believe there are a lot of domestic sites for this. Manila on one instance has "coins.ph".
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February 17, 2016, 12:34:54 PM
 #10

I ordered an Xapo debit card. You can easy get cash out of a atm.
bitbollo
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February 17, 2016, 12:37:30 PM
 #11

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

Depends in your currency and how you want exchange....
For example I live in europe and exchange btc with kraken (for bank deposit) or sell for "cash" in a reloadable card.
E-coin (for free virtual card) advcash for "real" (physic) card Wink

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February 17, 2016, 01:51:46 PM
 #12

I ordered an Xapo debit card. You can easy get cash out of a atm.
But if I recall correctly Xapo debit card is heavy fee tool. And it cost $20 just to order one. There is Annual Fee: $12, ATM Withdrawal Fee: $2.50, Pin etc.
It it easy to use but it is not the best and cheapest tool to deal with your fiat/bitcoin transactions. Using dedicated exchanges is till better imo.
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February 17, 2016, 03:28:21 PM
 #13

if you want to convert your BTC for real cash the only way is you have to do it using your local exchange in your country but be careful you must find trusty exchange to make sure you would not got scammed
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February 17, 2016, 03:38:50 PM
 #14

Bitcoin is real cash. Congratulations, your done!

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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February 17, 2016, 03:54:35 PM
 #15

Bitcoin is real cash. Congratulations, your done!
Nope you're wrong, Bitcoin is money but it isn't a cash. Cuz according to Wikipedia, a cash is the physical form of money. Well you know that Bitcoin is a digital currency, so we can't call it a "cash" (moreover "real cash").

faucet used to be profitable
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February 17, 2016, 06:38:55 PM
 #16

It's better to share your country if where do you live because it depends in your country. Like here in my country i can convert bitcoins into real cash instantly and withdraw it to any bank atm outlet here in my country..

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February 17, 2016, 06:55:25 PM
 #17

Bitcoin is real cash. Congratulations, your done!
Nope you're wrong, Bitcoin is money but it isn't a cash. Cuz according to Wikipedia, a cash is the physical form of money. Well you know that Bitcoin is a digital currency, so we can't call it a "cash" (moreover "real cash").
In that case you have something far better than "physical money".  Wink

To my mind cash is when you directly spend the store of wealth. Unlike credit cards or checks that represent the store of wealth, i.e. cash. In any case I see no need to spend money on fees in an effort to convert money into a less usable form. Why not save some money and just spend the bitcoin?

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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February 17, 2016, 07:05:56 PM
 #18

There are many ways of converting BTC to real cash like exchanging on local bitcoins etc.
But beware of scams that are increasing day by day here.
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February 17, 2016, 08:16:48 PM
 #19

i am learning here more and more about BTC.
i want to know how to convert btc in real cash..
Thanks.

You can sell your bitcoin in online itself, through Websites that offer this type of selling structure include Coinbase and LocalBitcoins in the US, and BitBargain UK and Bittylicious in the UK.
I advice you to don't sell your bitcoin at now, sell after halving.
romero121
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February 18, 2016, 06:23:26 AM
 #20

As various users suggested it depends upon country as well it has got various exchanging as well trading websites. You can just try it. One of the best is the local bitcoins which supports most countries.

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