kidoseagle0312
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November 19, 2016, 09:07:05 AM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
In my country, there is only one merchant site who accepted bitcoin which is coins.ph so every time I earned bitcoin I put all of it in that sites then I hold it there for awhile and keep it until right time comes to sell it.
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PokerFace3
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November 19, 2016, 12:51:09 PM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
In my country, there is only one merchant site who accepted bitcoin which is coins.ph so every time I earned bitcoin I put all of it in that sites then I hold it there for awhile and keep it until right time comes to sell it. Why not you go for bitcoin debit cards which are proven handy for the people who are having very less number of bitcoin accepting merchants. By the way why you people are not thinking about saving Bitcoins and using them in future instead of cashing out whenever you earn some bitcoins ? I am also having very less number of merchants accepting in my country, still I never prefer to cash out my bitcoins because I love saving them for my future.
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ardentvolcanoes
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November 19, 2016, 01:16:49 PM |
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here in my country i often cashout my bitcoin through remittance center but i am not saying that this will be the best because there will the best option which is cardless withdrawal because not like in express pickup(remittance center) cardless withdrawal is instant, you don't have to wait 30 minutes before you can pickup your money on. i don't know if you are having these service or option in your country but if you do then that would be good for you.
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Rostadom
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November 19, 2016, 01:31:31 PM |
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My suggestion is instead of cashing out by using an online exchange site, you should sell your bitcoins instead into cash. There are new people coming into the bitcoin world and they need some bitcoins so they can start trading, gambling, or investing. It's really hard to start in bitcoins if you're going to depend on faucets. This way, you can even earn some money by putting a transaction fee when someone buys bitcoin from you. Maybe 10-13%, it depends on you.
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ethereumhunter
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November 19, 2016, 01:48:35 PM |
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My suggestion is instead of cashing out by using an online exchange site, you should sell your bitcoins instead into cash. There are new people coming into the bitcoin world and they need some bitcoins so they can start trading, gambling, or investing. It's really hard to start in bitcoins if you're going to depend on faucets. This way, you can even earn some money by putting a transaction fee when someone buys bitcoin from you. Maybe 10-13%, it depends on you.
yes and i agree with you because if we cashing out by an online exchange site, the fee is really high and if we only cash below of 0.1, the money we've got is small but its different if we sell our bitcoin to other people. and my other suggestion is don't get to rush to cashing your bitcoin at least you should have 0.1 in your wallet then you can withdraw it or sell your bitcoin.
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carlerha
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November 20, 2016, 07:25:55 PM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
In my country, there is only one merchant site who accepted bitcoin which is coins.ph so every time I earned bitcoin I put all of it in that sites then I hold it there for awhile and keep it until right time comes to sell it. as in our country there are very little facilities of using bitcoin directly for shopping therefore first we have to change our bitcoin into fiat currency ans then we can use it for buying and shopping for this purpose we often use a urdu bit that is really a good and reliable exchange service for us.
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Hellacopter
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November 20, 2016, 09:57:17 PM |
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There is some exchangers online provide their debit cards , like Xapo , Coinbase and E-coin, you can request this card and withdraw your bitcoins simply by any atm in your country
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JeffBrad12
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November 20, 2016, 11:49:20 PM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
In my country, there is only one merchant site who accepted bitcoin which is coins.ph so every time I earned bitcoin I put all of it in that sites then I hold it there for awhile and keep it until right time comes to sell it. Why not you go for bitcoin debit cards which are proven handy for the people who are having very less number of bitcoin accepting merchants. By the way why you people are not thinking about saving Bitcoins and using them in future instead of cashing out whenever you earn some bitcoins ? Can you calculate about how many the amount just for paying to withdraw fees from a debit card?Even the costs by use the debit card were including the high level. Spectro also was becoming the outstanding example for us.
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AxlRose
Newbie
Offline
Activity: 24
Merit: 0
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November 21, 2016, 11:38:26 AM |
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In our local exchange we can choose the option of cardless ATM without fee, so even we don't have a bank account we can cashout our stored money in the wallet with no hassle. All we just need to do is to verify our Identity.
it depends where your funds to land. You may cashout based on the country you reside in. You may turn them to fiat $s or Euros and try either via credit cards or wire transfers. Credit card withdrawals are safe and also fast ..
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hisuka
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November 21, 2016, 06:06:26 PM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Obviously, When you transfer the Bitcoins in your local currency , they will charge you particular amount to convert into your local currency. It is now because not many options are available to withdraw BTC into local currency. Definitely, when transferring bitcoin or do cashout in fiat, there will be a fee every transactions. For me I use egivecash of 24/7 of security bank. This takes only minutes to withdraw bitcoin and exchange it to fiat.
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senyorito123
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November 22, 2016, 02:06:46 AM |
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depends on where country are you at and for us filipino's we mostly do cashout in our own web wallet app since they have many choices on what cashout option we are going to use, and also i mostly use their cardless cashout option where we don't need to have an atm card to withdraw on selected atm machines and its instant with no fee charge to us.
just look up for what wallet available in your country so you can make ease everytime you request some withdrawal at them,
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Pearls Before Swine
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November 22, 2016, 02:09:04 AM |
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I'm not new to the bitcoin world, though I'm new here. I'm thinking of wanting to buy coin from someone face to face next time I do it. Governments are watching all of this, and you can be sure of that. Don't trust the exchanges and PayPal. Everyone sees what you're doing and none of us here like that. don't want a gun pointed at me, though.
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Text
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November 22, 2016, 02:33:21 AM |
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I'm not new to the bitcoin world, though I'm new here. I'm thinking of wanting to buy coin from someone face to face next time I do it. Governments are watching all of this, and you can be sure of that. Don't trust the exchanges and PayPal. Everyone sees what you're doing and none of us here like that. don't want a gun pointed at me, though.
As long as you are not using bitcoins on illegal activities then probably there would be no problem. Face to face transaction is the easiest way of local transaction, there's a sticky thread here in the forum that gives a lof of tips on how you can have a secured and safe transactions. We use our local exchange for paying bills and mobile recharge so I don't see any reason for getting in jail.
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el kaka22
Legendary
Offline
Activity: 3612
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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November 23, 2016, 08:46:10 PM |
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I'm not new to the bitcoin world, though I'm new here. I'm thinking of wanting to buy coin from someone face to face next time I do it. Governments are watching all of this, and you can be sure of that. Don't trust the exchanges and PayPal. Everyone sees what you're doing and none of us here like that. don't want a gun pointed at me, though.
As long as you are not using bitcoins on illegal activities then probably there would be no problem. Face to face transaction is the easiest way of local transaction, there's a sticky thread here in the forum that gives a lof of tips on how you can have a secured and safe transactions. We use our local exchange for paying bills and mobile recharge so I don't see any reason for getting in jail. Yes, selling bitcoins into your local exchanger must be the right option to cash out our bitcoin easily with peace of mind. But for the first time, we should start with the least amount so that the risk will be minimum. Also we must form some group with our friends for frequent buying and selling bitcoins so that it will always go in a reliable way.
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Wintersoldier
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November 23, 2016, 11:21:58 PM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Is suggest, cash out it through your atm card. On mine, cashouting money through atm card don't give me interest.
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wxa7115
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November 23, 2016, 11:42:25 PM |
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If time is not of essence you could open an account on localbitcoins and sell bitcoin for a smaller premium, that way you will convert your bitcoin to fiat and instead of losing you will win a small profit in the process.
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traderethereum
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November 24, 2016, 02:17:59 AM |
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There is some exchangers online provide their debit cards , like Xapo , Coinbase and E-coin, you can request this card and withdraw your bitcoins simply by any atm in your country
i think xapo is a good solution since i know xapo itself don't have a fee when we want to sending the bitcoin, but for the cards i don't know and i hope the cards is charging for small fee. btw, e-coin.io is rebranding their services and change into wirexapp.com but i am not sure for this, maybe later i will order their debit cards to know more.
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raaajlucky
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November 24, 2016, 04:58:49 AM |
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Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Is suggest, cash out it through your atm card. On mine, cashouting money through atm card don't give me interest. The cards are available in all country or only in limited countries Because I am exchanging my BTC to local currency through one third party company they are taking 10% on my every transaction. If you can please share the country names, thank you.
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btcdiggingmaster
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November 24, 2016, 06:22:55 AM |
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I hope you have to find an exchange in your country where they exchange from bitcoin into your own local currency, now many countries have their own exchanges where you can convert your bitcoin into your local currency with low fee. Better find one your locality.
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myparentsdisownedme
Member
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November 26, 2016, 12:00:34 AM |
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you can probably just use coinbase or something like that, theres not a ton of options though
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