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Author Topic: What is the best way to cashout your bitcoin now?  (Read 27843 times)
romero121
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April 23, 2016, 07:16:48 AM
 #41

I think Kraken is your best bet if you live in Europe.

Yeah, as the same localbitcoins.com gives access for most of the countries. Now lot many exchanges are found which supports cash out.

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traderbit
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April 23, 2016, 07:19:04 AM
 #42

Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?

Btc2bid has a great method to cashout your bitcoin, so you trade your bitcoin for cash, for more i would suggest to check this awesome platform here: btc2bid.com

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April 23, 2016, 08:38:29 AM
 #43

Trade to someone on this forum who's trusted. I've pretty much gotta tell you to buy paypal with your bitcoin, as people will pay over the regular price if you are accepting paypal. Just remember to trade with a trusted seller.
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April 23, 2016, 10:05:52 PM
 #44

I wonder about this too. If I wanted out completely and had a few hundred coins I'd be somewhat stumped. There's no way I'd trade on here for that amount. I'd be wary of LBC. Exchanges are inclined to have funny turns if you're playing with large amounts. I'd probably buy a few tons of heroin and sell that in the local old folks home.
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April 23, 2016, 10:09:11 PM
 #45

IMO look for a trusted exchanger in this forum and then exchange your btc to paypal. And then withdraw them in the bank.
I am a trusted exchanger and don't mind to deal with newbies either. I have done over 14 successful exchanges to and from paypal for btc. But there is a price to be paid to be trusted  Wink

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April 23, 2016, 10:10:55 PM
 #46

Trade to someone on this forum who's trusted. I've pretty much gotta tell you to buy paypal with your bitcoin, as people will pay over the regular price if you are accepting paypal. Just remember to trade with a trusted seller.
This is exactly what I am talking about. I am taking the risk with trading with them so there is a premium to be paid, for the first trade atleast to see if they can go thru to the next one without any hassles.

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The Sceptical Chymist
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April 23, 2016, 10:22:07 PM
 #47

Circle is what I use, and they're good.  Same with Coinbase, but they're cocksuckers.  Also try the currency exchange section of this forum if you have a strong stomach and your balls haven't atrophied.

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April 24, 2016, 04:28:40 AM
 #48

Best way it has to be using a local exchange that is limited to your country only, instead of those that are available for many countries since with it's user limit, there's some benefits for those eligible users as well. I use a local exchange in my country that the more I exchange, the more bonus I receive that I could use one's I decide to alternate the process and buy coins other way around. If there's non from where your residing, then your best bet would be localbitcoins as mentioned by few others above me.
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April 27, 2016, 06:07:05 AM
 #49

Right now I go with localbitcoins. It has given the option to meet the trader near the locality in person and make the transaction which no other exchange provides.

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quintiilieo
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April 27, 2016, 02:30:02 PM
 #50

For me the best in my country to cashout is in coins ph because i want their option house to hoise delivery but if you are in other country i recommended to you localbitcoins

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April 27, 2016, 08:48:20 PM
 #51

Try Yobit , with yobit you can withdraw your balance to your Okpay account with only 2$ fee, which I think is much less, and you can deposit your Bitcoins directly to Okpay also ,but the fees for that is I think 3% or a little more.
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April 28, 2016, 05:53:22 AM
 #52

Best way it has to be using a local exchange that is limited to your country only, instead of those that are available for many countries since with it's user limit, there's some benefits for those eligible users as well. I use a local exchange in my country that the more I exchange, the more bonus I receive that I could use one's I decide to alternate the process and buy coins other way around. If there's non from where your residing, then your best bet would be localbitcoins as mentioned by few others above me.
Yes this is the best way to exchange our bitcoin. But in my local exchange there is bit high margin but i don't have other source to exchange my bitcoin. In other way means search more green trust members in bitcoin organization and exchange with them they also take some margin but it's safe i did some times they will take our bitcoin and send money to our bank account like paypal or other accounts.
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April 28, 2016, 06:51:17 AM
 #53

For me the best in my country to cashout is in coins ph because i want their option house to hoise delivery but if you are in other country i recommended to you localbitcoins

I too is using coins.ph to withdraw my coins into fiat..But I don't use the door to door delivery option, the delivery man might mess out with our money..I prefer to use egivecash, much easier and faster too..
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April 28, 2016, 06:56:11 AM
 #54

Trade your Bitcoin to someone near you, or just use localbitcoins because they must not take so much percentage of it.




This year (2016)

Since ive never sold any bitcoin im wondering how long does it take on localbitcoins to sell your bitcoin? like if you wanted to sell 100 bitcoin could you sell it almost instantly for market prices or would it take a few days/weeks?

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April 28, 2016, 10:28:48 AM
 #55

If i want to sell them and casjh them into bank account then i would use kraken and SEPA, but if i want money very fast i pay more fees and i exchange them for € on www.Virwox.com and then cash € to my SKRILL.
And i have immedially euros on my skrill account.Fees to withdraw to skrill is 1€. How you exchange BTC/€ is depend on you,market price or i make an order and wait till someone buy my BTC.
I mentioned this one because no one did!
byee
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April 28, 2016, 05:08:10 PM
 #56

I think Kraken is your best bet if you live in Europe.

Yeah, as the same localbitcoins.com gives access for most of the countries. Now lot many exchanges are found which supports cash out.
Yes I think now almost all of the exchanges provide the support of cashout as without it the service and investing in there is bothering and that exchange where cashout is not available will not get any preference.

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April 29, 2016, 04:34:01 AM
 #57

For me the best in my country to cashout is in coins ph because i want their option house to hoise delivery but if you are in other country i recommended to you localbitcoins

I too is using coins.ph to withdraw my coins into fiat..But I don't use the door to door delivery option, the delivery man might mess out with our money..I prefer to use egivecash, much easier and faster too..

I'm fairly new to coins.ph so I haven't tried cashing out just yet. Most of my transactions there include buying load credits, adding money to my account, and buying BTC. I think the cash out option is easy because they allow bank to bank fund transfers which is hassle-free and pretty convenient.
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April 29, 2016, 06:12:59 AM
 #58

For me the best in my country to cashout is in coins ph because i want their option house to hoise delivery but if you are in other country i recommended to you localbitcoins

I too is using coins.ph to withdraw my coins into fiat..But I don't use the door to door delivery option, the delivery man might mess out with our money..I prefer to use egivecash, much easier and faster too..

I'm fairly new to coins.ph so I haven't tried cashing out just yet. Most of my transactions there include buying load credits, adding money to my account, and buying BTC. I think the cash out option is easy because they allow bank to bank fund transfers which is hassle-free and pretty convenient.
Honestly i am also registered at coins ph and i never had a problem if your count is not yet verified and and you dont upload a id.. you can use the cashout process like egivecash.. because if you are not verified account you cant withdraw it in atm banks ..
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April 29, 2016, 07:55:29 AM
 #59

Trade to someone on this forum who's trusted. I've pretty much gotta tell you to buy paypal with your bitcoin, as people will pay over the regular price if you are accepting paypal. Just remember to trade with a trusted seller.
It is good that just to trade with a trusted seller, but cashout with paypal is not good , the problems are there with paypal, I think he should have to use Okpay for his cashout , I think for Okpay the fees are low by exchangers as Okpay have much less fees.
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April 29, 2016, 08:50:12 AM
 #60

Yeah i would recommend localbitcoins thats how i sale my bitcoins the buyers will send money to my paypal account instantly fast and smooth transaction without no hassle but i would try to avoid selling to other buyers in different country because the fee could be higher than usually. Good luck on selling your bitcoins buddy  Smiley
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