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Author Topic: What is the best way to cashout your bitcoin now?  (Read 27843 times)
MirkoIta
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December 22, 2016, 08:42:29 AM
 #181


Spectro was a worst place. Tongue

Did you try it? I am using an EUR plastic card from them for the past 6 months and I had 0 issues with them

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December 23, 2016, 06:22:46 AM
 #182

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.



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December 23, 2016, 12:30:34 PM
 #183

there is a lot exchange available cash out your bitcoin with safest way but i prefer that localbitcoins exchange is very much trusted and popular exchange and a huge number of people buy and sell their bitcoin in any currency in your same location.
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December 23, 2016, 01:09:40 PM
 #184

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.
I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.
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December 23, 2016, 03:16:42 PM
 #185

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.
I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.

its true because there are no bank will accepting bitcoin as other country in the world. but i think, for them, they can trying to cash out their bitcoin with third party service so they can make withdraw and change it into fiat. but for this option, we should choose only the good site and recommended site or person so we don't have to get bad experience.

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BitcoinPC
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December 24, 2016, 08:31:05 AM
 #186

Was just wondering actually, cause like every 'shop' that buys your btc takes so much percentage on it... Any better suggestions?
Exchange it to fiat money or if you don't mind fees then there are the better place for you or go to exchange
currency look for what you preferred to trade with your bitcoin. My better suggestion is hold your bitcoin till there are exchange
website that based on your country and sell them all.

I guess, your wallet that you are holding has the conversation that allow to convert your bitcoin to fiat one that you use, example the wallet I use to, there is an automatic address given to you for you to use to be converted directly to fiat currency then there is also given address to you for you use to store your bitcoin in bitcoin value. But so far better hold on to your bitcoin because it is still rising before cashing it out.

MirkoIta
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December 24, 2016, 08:37:46 AM
 #187


I guess, your wallet that you are holding has the conversation that allow to convert your bitcoin to fiat one that you use, example the wallet I use to, there is an automatic address given to you for you to use to be converted directly to fiat currency then there is also given address to you for you use to store your bitcoin in bitcoin value. But so far better hold on to your bitcoin because it is still rising before cashing it out.



Which wallet do you use that allows you to convert straight from BTC to FIAT?

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December 25, 2016, 05:01:50 PM
 #188

Just look for trusted encasher to encash your money easily to your bank account. Make sure it is Legit Don't let your money go to waste.
I guess many Asian and African countries are not having such services to encash into bank accounts. Even there are some services but they are not having any support topic in bitcointalk. We must look for their reputation before risking our bitcoins. I do sell my bitcoin to people here and get back cash in paypal.
in most of the areas still bitcoin is not accepted by banks, i my self sell my bitcoin on a forum in USD and then cash out in my fiat currency, but hope that in future we will be able to use banks directly for exchanging our bitcoin into our fiat currency.

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January 02, 2017, 09:05:10 PM
 #189

I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually  from not the actual price of bitcoin which is not profitable , using  debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.
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January 16, 2017, 07:17:12 AM
 #190

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

Cashing out your bitcoin is depending in the place or country you belong, if you have merchant there near you that accepted bitcoin it will be easy for you to cash out, but if you have no any merchant it will be hard to do it.
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January 16, 2017, 11:23:27 AM
 #191

I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually  from not the actual price of bitcoin which is not profitable , using  debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.
The fees of the debit card which the issuer take if you compare to exchanging through exchanger is a bit expensive, for a withdrawal through ATM it's sometimes taking about more than 2$ each transaction and if you're often withdrawing your money periodically then you will be faced with multiple fees, not so good if you want to be efficient on your bitcoin exchange activities.

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January 16, 2017, 11:27:25 AM
 #192

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

Cashing out your bitcoin is depending in the place or country you belong, if you have merchant there near you that accepted bitcoin it will be easy for you to cash out, but if you have no any merchant it will be hard to do it.
I thing same,A place or region where you live in hardly effect as a reason you should difficulties to find the best way to  cashout your bitcoin.If you live in a region which supported bitcoin than it easy otherwise going to difficulty.For me buy-sell business better one to cashout my bitcoin.
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January 16, 2017, 01:39:27 PM
 #193

best way to cashout btc :

ATM BITCOIN DEBIT CARD :(with this invite code you will get 50% discount)

https://cryptopay.me/join/6b41ffbf


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January 16, 2017, 06:18:42 PM
 #194

I personally use bitcoin debit cards , which in my experience much better than exchanging bitcoin to fiat , exchange usually  from not the actual price of bitcoin which is not profitable , using  debit cards allows us to use bitcoin in any shopping site and withdrawing it from ATM only for a small fee which is good.
The fees of the debit card which the issuer take if you compare to exchanging through exchanger is a bit expensive, for a withdrawal through ATM it's sometimes taking about more than 2$ each transaction and if you're often withdrawing your money periodically then you will be faced with multiple fees, not so good if you want to be efficient on your bitcoin exchange activities.

I can confirm that on most of those cards you will pay 2.25€ for each ATM withdrawal which will cost you a lot if used often. I usually just withdraw from bitcoin debit card when I need some cash quickly in my hand, else I usually just pay at shops throught POS which is free of charge or exchange my bitcoins on Kraken and receive EUR next day in my bank account for 0.09€ fee.

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January 17, 2017, 03:31:40 PM
 #195

There are many local exchange that can deposit your money into your bank account, paxful is a site in us that have seller who buy bitcoin and deposit the money into your account also local bitcoin .com also have exchange ERS in any country that you leave just searches and you will see your country and the exchange r
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January 17, 2017, 03:33:43 PM
 #196

There are many local exchange that can deposit your money into your bank account, paxful is a site in us that have seller who buy bitcoin and deposit the money into your account also local bitcoin .com also have exchange ERS in any country that you leave just searches and you will see your country and the exchange r
Paxful and localbitcoin is always good option and the other website that i never heard is not a good option because better to look for a well know site where you can withdraw your money and cashout or deposit and buy bitcoins . like coinbase i heard many negative future for coinbase .. they are turn into scam..
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January 17, 2017, 04:40:17 PM
 #197

There are many local exchange that can deposit your money into your bank account, paxful is a site in us that have seller who buy bitcoin and deposit the money into your account also local bitcoin .com also have exchange ERS in any country that you leave just searches and you will see your country and the exchange r
Paxful and localbitcoin is always good option and the other website that i never heard is not a good option because better to look for a well know site where you can withdraw your money and cashout or deposit and buy bitcoins . like coinbase i heard many negative future for coinbase .. they are turn into scam..

You can't call a site not well known when just someone doesn't know it . The factors that you should check if a site is highly reputable are these to make sure .

1. There are many good reviews on it when you search on google
2. Many people here in the forums approved it
3. The whole site is not suspicious

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January 17, 2017, 04:46:46 PM
 #198

There are many local exchange that can deposit your money into your bank account, paxful is a site in us that have seller who buy bitcoin and deposit the money into your account also local bitcoin .com also have exchange ERS in any country that you leave just searches and you will see your country and the exchange r
Paxful and localbitcoin is always good option and the other website that i never heard is not a good option because better to look for a well know site where you can withdraw your money and cashout or deposit and buy bitcoins . like coinbase i heard many negative future for coinbase .. they are turn into scam..

You can't call a site not well known when just someone doesn't know it . The factors that you should check if a site is highly reputable are these to make sure .

1. There are many good reviews on it when you search on google
2. Many people here in the forums approved it
3. The whole site is not suspicious


Second and third points are actually true. Whereas for the first point, there will still doubt it as you can buy those reviews in some ways. And Yes, you can get to know a site is suspicious or not by just looking at all of the pages it has. If the Bitcointalk members trust a site then 99% of the time the site is trustable.

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January 17, 2017, 10:05:03 PM
 #199

there is a lot exchange available cash out your bitcoin with safest way but i prefer that localbitcoins exchange is very much trusted and popular exchange and a huge number of people buy and sell their bitcoin in any currency in your same location.
yes although i have good experience in youbit exchance as i personally using it, but still i will gave out an opinion to us local bitcoin exchanges, where they have negligible transaction fee. 
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January 18, 2017, 11:32:49 AM
 #200

there is a lot exchange available cash out your bitcoin with safest way but i prefer that localbitcoins exchange is very much trusted and popular exchange and a huge number of people buy and sell their bitcoin in any currency in your same location.
yes although i have good experience in youbit exchance as i personally using it, but still i will gave out an opinion to us local bitcoin exchanges, where they have negligible transaction fee.  
Yes there a lot of exchanges site available cashout out your bitcoin. Or try to cashout it to the person who near you. Yes localbitcoin exchanges site is very much trusted to exchange your bitcoin into cash. In my country they have coins.ph and rebit.ph to cashout bitcoin. Coins.ph is the no1 in my country because it easily to cashout it instant or take a minute after cashout your money go to your bank instantly. While the rebit.ph it takes 2-4 hrs to recieve cashout. This two is good to cashout . take note this is for only for
Philippines and Asia wallet I dont know what part of Asia country is enable to cashout but Philippines is sure.
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