What is the best way to cashout your bitcoin now?

[PokerFace3]

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.

I agree fees associated with bitcoin debit cards are really high compared to other methods of cashing out bitcoins. Still by considering, the real benefits of bitcoin debit cards (like no bitcoin accepting merchants in your town) we need to bear those fees.

I believe instead of paying big 20% to 25% fees to your local exchangers, going for bitcoin debit cards must be cost effective.

[zero1ten]

In my country there are quite a number of ways to cashout bitcoins and it just depend on what option you wanted but the most usual is via direct bank transfer or via money transfer like western union. You can cashout through cardless atm as well which is relatively convenient.

[iram3130]

It's a great time to sell BTC for real money in my country and there are many ways to get real money here. I have already sold almost all of my BTC and made much money.. 

[hawkins]

to make my bitcoin to cash out, I always ask for a friend of mine who has a job becomes exhcanger on facebook. Well, I have berkai times asking him to redeem bitcoin I have had in the form of currency which country I use, and until today, people are still reliable. however, he only redeem the existing currency in my country with bitcoin

[bitbunnny]

The price is good so the time is right to cash out your coins. My favorite way is either my trusted trader on localbitcoins or cash on ATM through Bitcoin debit card. But localbitcoins is more convenient because I can make transfer to my bank account easy and quick. Ther is also possibility to cash out through PayPay, Skrill or similar services but I don't like this options very much.

[Babayega31]

It's a great time to sell BTC for real money in my country and there are many ways to get real money here. I have already sold almost all of my BTC and made much money.. 

This month of november until december is the best time to cash out your bitcoin because price is higher compared from previous months due to peak season. Last few days i've cash out my bitcoin from my online wallet, first thing is convert the btc value you have in the btc wallet to your country currency and its converted immediately. After the conversion go to cash out option and select the cardless atm withdrawal and you are given instructions on how to claim you real cash money all the details will be send to your e-mail and mobile #.

[Mark02]

The price is good so the time is right to cash out your coins. My favorite way is either my trusted trader on localbitcoins or cash on ATM through Bitcoin debit card. But localbitcoins is more convenient because I can make transfer to my bank account easy and quick. Ther is also possibility to cash out through PayPay, Skrill or similar services but I don't like this options very much.

Yeah. Since the price now is high. Cashing out will be a good decision. Well my way in cashing out is that I am putting my bitcoin into my bitcoin wallet. Convert it into fiat. PHP to be exact since I live in the Philippines. I use Coins.ph wallet which is only applicable if you are living in Asia region. I cashed out using ATM thru my wallet. And That's it.

[deadsilent]

You can use localwallets. Some localwallets has a function which you can exchange you bitcoin to cash through money transfer. Just search for local wallet. Here in my country, we have one local wallet which i can convert my btc into cash. Also i can pay bills through it. Its very useful to me.

[electronicash]

The price is good so the time is right to cash out your coins. My favorite way is either my trusted trader on localbitcoins or cash on ATM through Bitcoin debit card. But localbitcoins is more convenient because I can make transfer to my bank account easy and quick. Ther is also possibility to cash out through PayPay, Skrill or similar services but I don't like this options very much.

Yeah. Since the price now is high. Cashing out will be a good decision. Well my way in cashing out is that I am putting my bitcoin into my bitcoin wallet. Convert it into fiat. PHP to be exact since I live in the Philippines. I use Coins.ph wallet which is only applicable if you are living in Asia region. I cashed out using ATM thru my wallet. And That's it.

Sometimes coins.ph can mess up things. if you plan to cashout from them, do it a week aheadbefore the day you need the money onhand.
I use to sell my btc to them back when I learned they can send to my bank. but if you prefer the quickest, eGivecash is the best option.

[kidoseagle0312]

localbitcoin will be match better and also a hassle free it will be depend on your deal, i also do it thru bank transfer though there's some percentage but it is an easily transfer transaction no need to go the itself if you do set up your bank account.

Yes it is true and correct, on this advice or in this topic we bitcoin enthusiast want a convenient and hassle free. But in my country from the exchange trading platform  I'm withdrawing from there then transfer it to the merchant I had it here in my country before I en cash it through remittance outlet were I near.

[coynedterm]

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

Actually it is not easy at the present time Because of the lack of user of Bitcoin in the real world so I will suggest you to offer you buy/sell rate at Bitcoin and secondly secondly make your own site to make online shopping with and without Bitcoin .

[xuan87]

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

Actually it is not easy at the present time Because of the lack of user of Bitcoin in the real world so I will suggest you to offer you buy/sell rate at Bitcoin and secondly secondly make your own site to make online shopping with and without Bitcoin .

At the moment we don't really have much option, like everybody says it is better to shop it online so your bitcoin doesn't get too much discount, in my country I only have one local exchanger that directly transfer to my bank account and it cost 1% of my bitcoin value and plus i need to pay the transaction fee, but at the moment I don't have any option but to pay it

[hajimasan]

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

The best way to cash out your Bitcoin in your local fiat money is localbitcoins.com because here it is not matter from which country you are .
Second way to cashout your Bitcoin is to find a trusted trader in your country , like I have

[frankmb]

Here we have a couple of sites where I can sell btc directly and they transfer to my bank account, near the market price, not like localbitcoins.
There are some exchanges that can also transfer to a desired bank account but international transfers can take some time, and I use my btc debit card a lot since it's almost instant.

[jondeen707]

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

Looks like localbitcoins is the best option for you. 

[brutosBTC]

For me, on cashing out or withdrawing my money from my bitcoin wallet, I preferred to use directly my bitcoin wallet for payment to store or shop so the fee will be less for and worry not on handling money on my own pocket. Because I believe transaction fee will be the same, withdrawing the money by yourself or sending money to store or shop you preferred to use to. Just be secure on sending it to their account.
But then when the bitcoin users increases maybe there will be a chance that the fee of transaction on bitcoin will decreases, because the more users will be the more chance to have lesser transaction fee.

This is just my point of view.
Thanks,  just respect.

[Fireblade]

Here we have a couple of sites where I can sell btc directly and they transfer to my bank account, near the market price, not like localbitcoins.
There are some exchanges that can also transfer to a desired bank account but international transfers can take some time, and I use my btc debit card a lot since it's almost instant.

as there are a number of forum that can be use to cash out bitcoin, but it depending on their service either their service is available in your area or not, as in my area the the paypal service is not available, in my are the best form that we use for converting your bitcoin into cash is Urdu Bit. i am using this form for a long time and i found it every time trusted and reliable.

[Cereberus]

It's too early to sell your bitcoin. People who are in to just made quick money haven't really understood the bitcoin hottest value.

Hottest value of bitcoin is that in many so called "third world and even second world countries" it can make a big difference to someone's life, to someone's family life and so on. It can give you the option to open up a business in your country. 

So my suggestions is to save it bitcoin for the longer run to be able to really benefit from it and not use it for just some quick cash.

If you want to sell your coins there are a lot of options, the best being able to sell it person to person(google all known risks and benefit of doing such thing) or to sell at localbitcoins.

[chaser15]

The price is good so the time is right to cash out your coins. My favorite way is either my trusted trader on localbitcoins or cash on ATM through Bitcoin debit card. But localbitcoins is more convenient because I can make transfer to my bank account easy and quick. Ther is also possibility to cash out through PayPay, Skrill or similar services but I don't like this options very much.

Yeah. Since the price now is high. Cashing out will be a good decision. Well my way in cashing out is that I am putting my bitcoin into my bitcoin wallet. Convert it into fiat. PHP to be exact since I live in the Philippines. I use Coins.ph wallet which is only applicable if you are living in Asia region. I cashed out using ATM thru my wallet. And That's it.

Sometimes coins.ph can mess up things. if you plan to cashout from them, do it a week aheadbefore the day you need the money onhand.
I use to sell my btc to them back when I learned they can send to my bank. but if you prefer the quickest, eGivecash is the best option.

Depends on the withdrawal type. As of now I didn't have a major encountered problem cashing out with them with various methods such as EgiveCash, Bank Transfer and Pera Padala. But agree, to avoid future problem about withdrawals, always do an advance request of withdrawals so that if ever there will be a problem, people can contact immediately the support.

And FYI for all PH users that using coins.ph, their support is online even on holidays so expect a response from them during that period.

[Stedsm]

I always go for localbitcoins because even when I need cash on hands, I have people easily available near my area which is cool.
But I just want to alert you guys about one thing, never fall for very higher prices which seem too good to be true, because they will only scam you and you might get robbed and will be left with nothing.