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Author Topic: What is the best way to cash out?  (Read 2487 times)
crilleaz (OP)
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June 09, 2016, 08:19:41 PM
 #1

Without anyone knowing your name or address?

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June 09, 2016, 08:26:42 PM
 #2

Without anyone knowing your name or address?

Localbitcoins or a bitcoin atm (if available in your place). The former option needs you to meet someone physically and trade face-to-face. You don't need to give him/her anything about you, just setup a place where you two would meet. The latter is as easy as scanning a qr code and wait for the cash to come out of the machine.

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Jannn
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June 09, 2016, 08:31:28 PM
 #3

Sell for cash, face to face. This forum needs a section for that.
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June 09, 2016, 08:32:17 PM
 #4

The best way would be to completely avoid any online Bitcoin exchanges or Bitcoin debit card companies and look for a private buyer in your town or surrounding area. You could check out Localbitcoins for buyers in your region or probably post on local message boards or classified websites seeking a private Bitcoin trader. In this way you will stay off the grid and no one will have any leads to your Bitcoin activities online or offline and your identity will be kept secret. I would advise you to only agree to meet with the trader in public places with a lot of people around and preferably near a police precinct in order to avoid any unpleasant surprises.
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June 09, 2016, 08:38:40 PM
 #5

The best way to cash out is something that nobody has mentioned yet. Buy gold and silver online with Bitcoin, and then sell it for fiat.
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June 09, 2016, 08:44:32 PM
 #6

The best way to cash out is something that nobody has mentioned yet. Buy gold and silver online with Bitcoin, and then sell it for fiat.
Buy online without giving your address?
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June 09, 2016, 08:45:26 PM
 #7

Bitcoin atm's are the best for that.
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June 09, 2016, 08:48:14 PM
 #8

Without anyone knowing your name or address?

Sell in the currency exchange section (note that some methods like Paypal show your name to the user unless you are using a fake account of course).

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dothebeats
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June 09, 2016, 09:15:01 PM
 #9

Sell for cash, face to face. This forum needs a section for that.

I think we do have that already in the forum. It's only up to the two parties whether they would meet face-to-face or do it online and just use a trusted escrow. But I think it would still require both parties' name because the most common method is paypal to btc.

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June 09, 2016, 09:18:51 PM
 #10

Bitcoin atm's are the best for that.

There are two kinds of Bitcoin ATM's though, with and without giving ID/fingerprint. The ones where you dont need to provide any more identifiction I preffer, but the buy limit can be low.

I just buy Bitcoin myselves but in many ATM's you cant cash out, so you need check the ATM info.

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June 09, 2016, 10:20:51 PM
 #11

buy a physical/plastic bitcoin debit card and then load it with your balance,you don't need to give your document to the card issuer because they don't need,when you are done loading your balance,withdraw it through your nearest ATM,it'll charge you a quite high fee around 3.5$ but it's really worth for the anonymity and simple

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June 09, 2016, 10:26:43 PM
 #12

A kilo of heroin from a dark market and then offload it down the local school playground?
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June 09, 2016, 10:28:56 PM
 #13

Local Bitcoins are the best place to cash out.
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June 09, 2016, 10:30:51 PM
 #14

buy a physical/plastic bitcoin debit card and then load it with your balance,you don't need to give your document to the card issuer because they don't need,when you are done loading your balance,withdraw it through your nearest ATM,it'll charge you a quite high fee around 3.5$ but it's really worth for the anonymity and simple
They do also have withdrawal limits, namely on the Xapo one, and I think it is limited to something like $200 USD per day (or per withdrawal with only something like 2 max per day) on top of the fees.

But I back your statement 100% from there, it is a great and simple way to avoid any issues and it is quite useful even outside of what OP is asking about.
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June 09, 2016, 10:32:44 PM
 #15

Would have to go with any of the reputable p2p meet-in-person type of platforms (the biggest of which is localbitcoins I believe)

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June 09, 2016, 10:41:13 PM
 #16

Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.

I'm going to try out local bitcoins, but how do I know the money they are giving is real?

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June 09, 2016, 10:48:13 PM
 #17

Thanks for your answer guys. I did try to order a Bitcoin creditcard, but my mistake was that I ordered two (different sites to test them out). Both had the same creditcard provider which locked me out unless I showed all kinds of documents.

I'm going to try out local bitcoins, but how do I know the money they are giving is real?

Easy, it isn't online. You will meet physically someone. Face to face. So unless you're given forged notes, or the guy in front of you is a magician, the money will be real.

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June 09, 2016, 10:58:49 PM
 #18

local bitcoins are the only option to cash out
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June 09, 2016, 11:07:34 PM
 #19

Local Bitcoins are the best place to cash out.
Probably this, because of your requirements from first post.
Anyway, in future this will change, it will be more anonymous or less in general.
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June 09, 2016, 11:15:47 PM
 #20

You may trade with  physically someone, and it isn't online. .
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