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Author Topic: Withdraw Bitcoins to a bank account  (Read 5048 times)
iqlimasyadiqa
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August 11, 2016, 03:52:55 PM
 #21

you can try to make withdrawals from the local exchange in your country. The following list of exchange that can make withdrawals to your country's currency : https://localbitcoins.com/country/SE
eternalgloom
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August 11, 2016, 03:57:24 PM
 #22

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.
But how to prove to the bank that the money was earned legally?
Wanted to come back to this. Why would you need to prove to a Swiss bank that the money was earned legally?
Didn't know this was required.

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August 11, 2016, 04:13:38 PM
 #23

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

 
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hawkins
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August 11, 2016, 04:18:17 PM
 #24

localbitcoin always be the best option to redeem bitcoin do you have an account directly into your bank account. but I rarely do that. The easiest thing for me to redeem bitcoin into money in a short time is to replace it with one of my friends who are in need bitcoin or working into bitcoin exchange. Well, I have some friends like that, so it was very easy.
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August 11, 2016, 05:25:45 PM
 #25

localbitcoin always be the best option to redeem bitcoin do you have an account directly into your bank account. but I rarely do that. The easiest thing for me to redeem bitcoin into money in a short time is to replace it with one of my friends who are in need bitcoin or working into bitcoin exchange. Well, I have some friends like that, so it was very easy.

Exactly i agree, I have done my first transaction from bitcoin to fiat is by localbitcoins only. At present i am using bitcoin ATM card. Why I am using this because It will reduce the exchange charge and trade fees i can with draw Whenever i need But Now in need of money. praying to god to get my lending money soon to me...
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August 17, 2016, 07:31:11 PM
 #26

At the time when I was going to withdraw my money to my bank account, they ask for a source of income, I just gave them the link of this website that how we earn here and also I gave my link to my official facebook page where I sell my different stuffs, and they accepted that .

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August 18, 2016, 01:41:00 AM
 #27

You can withdraw your bitcoins first to ewallet like Payza, Perfect money or Neteller, which support Bitcoin, and then you withdraw your money from this ewallet to your banking account
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August 18, 2016, 03:04:39 AM
 #28

You can withdraw your bitcoins first to ewallet like Payza, Perfect money or Neteller, which support Bitcoin, and then you withdraw your money from this ewallet to your banking account
I agree this will okay to show the proof of income to bank people, I didn't use to it but in future sure I will use bitcoins to change to bank account. As of now I am having btc atm card swipe for money When I need it...
garundang
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August 19, 2016, 05:24:49 AM
 #29

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Well only way to do that is to sell bitcoins to someone else i think, or use coinbase
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August 19, 2016, 10:36:57 AM
 #30

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Well only way to do that is to sell bitcoins to someone else i think, or use coinbase
No, there a a lot of different exchanges and services that will let you exchange your Bitcoins for fiat and deposit the money to your bank account.
And I would advice against using Coinbase.

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August 24, 2016, 11:19:24 AM
 #31

Yesterday, I withdrawn few bitcoins (less than $50) in bank account in India and I used localbitcoins. I am not sure that it’s allowed in your jurisdiction or not but I don’t think there will be any major issue if you are going to deal with smaller amounts. You would have no problem if you maintain transparency in origin of funds (or say legality of origin of funds). You can even sell bitcoins here on bitcointalk and keep payment option as international wire transfer.
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August 24, 2016, 11:57:57 AM
 #32

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

its a good idea to have localbitcoins in our area, because it would be easy and fast to exchange our bitcoin into real money. i am sure there are many localbitcoin available on your area.

Golftech
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August 24, 2016, 12:00:11 PM
 #33

it easy to withdraw bitcoin here using the option of sending it to my bank accounts, just using coins.ph and then withdraw it from there mate, no issue and no hassle.
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August 24, 2016, 12:09:29 PM
 #34

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

How is gone at the end? Have you withdraw your BTC? What service you used?

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August 24, 2016, 12:14:36 PM
 #35

Hello guys, want to withdraw Bitcoins to a new bank account in Switzerland. How to confirm the origin of money? Which stock exchange should I use? What problems can arise? Or should I use bank in another country?
Thanks in advance!

Haven't experienced this one but I am withdrawing my bitcoin through a bank also. From a website wallet then to an ATM machine. I think it is not really the bank that is responsible but just the wallet site.

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August 25, 2016, 06:29:28 PM
 #36

I have better option then this. I sell my bitcoin to local trader and he pays me profit. But if i do this from website then they will surely cut bitcoin as transaction fee or what ever. So my way is super cool because instead of lossing i get profit... yaaahhooo
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August 25, 2016, 06:50:02 PM
 #37

I have better option then this. I sell my bitcoin to local trader and he pays me profit. But if i do this from website then they will surely cut bitcoin as transaction fee or what ever. So my way is super cool because instead of lossing i get profit... yaaahhooo

With profit you mean that the trader in question pays you an above the market rate for your coins? If so, then it's is great, but usually when you withdraw coins to your bank account, the fees are minimal/not worthy of mentioning. At least, that's the case here.

Also, the problem of dealing in personal is that you can face someone with bad intentions. Another note is that not everyone is willing to do this as they want to hide the fact that they are buying or selling Bitcoin in their local area, especially with large amounts.
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August 27, 2016, 05:16:24 AM
 #38

the best zone europa, support sepa bank
and the best volume transaction from pair euro is kraken
you can try in there, sepa bank low fee until zero fee  is compare wire transfer,
or is choose your country you can try localbitcoin dot com
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August 27, 2016, 10:07:59 AM
 #39

I would suggest selling for cash if you can. If you have localbitcoins in your area, that may be the best option for you.

its a good idea to have localbitcoins in our area, because it would be easy and fast to exchange our bitcoin into real money. i am sure there are many localbitcoin available on your area.
Localbitcoins just always seems so over priced, most of the time you can expect to pay about a 10% premium over market rate.
Easier just getting an account on a site like Counbase, Circle or Coinjar depending on what country you are in.
If you do use one of those services just remember to move your coins at the end of the day to an address that you have the private keys to.

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August 27, 2016, 10:28:25 AM
 #40

i think you can use local bitcoin exchanger which you can found in your country and transfer that money into your bank account, or you can use paypal to receive money and then you withdraw your money in paypal into your bank account.
But how to prove to the bank that the money was earned legally?
You can show your transaction on paypal that will become a prove for the bank, and explaining to bank the money are come from selling bitcoin to paypal. I think it is simple way for explaining to the bank.
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