jkw224 (OP)
Newbie
 Offline
Activity: 54
Merit: 0
|
 |
January 16, 2018, 08:32:31 PM |
|
I'd like to set up the ability to withdraw Bitcoin into USD, and spend it at Point of Sale.
What are the best ways to do that?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
usmarine2141
Newbie
Offline
Activity: 18
Merit: 0
|
|
January 16, 2018, 10:08:52 PM |
|
There are numerous ways. if you have coinbase account you can get a shift card, or there is BitPay. Monaco, i would just google bitcoin debit/visa cards.
|
|
|
|
|
jkw224 (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
January 17, 2018, 06:59:52 PM |
|
I am aware of Coinbase, I didn't know about the Shift Card though (that's pretty cool). I've been debating signing up for BitPay.
|
|
|
|
|
menggay16
Member
Offline
Activity: 112
Merit: 10
|
|
January 17, 2018, 11:06:10 PM |
|
If you like to go in the Coinbase you have no problem with that porpose. But it's depend on what country are you now? Why you do not want to try trading all your plans can happen there. But in one side the only problem in trading is maybe you got to win or you got to lose that is actually the trading risk that you need to accept.
|
|
|
|
|
Cryptoman69
Newbie
Offline
Activity: 67
Merit: 0
|
|
January 18, 2018, 01:19:32 AM |
|
You must do for sure is to research the sites and to find sites that honord for the process would you like to do. I think trading sites is the best suitable way for the process youd like.
|
|
|
|
|
davinchi
Legendary
Offline
Activity: 2100
Merit: 1058
|
|
January 18, 2018, 10:38:50 AM |
|
I am aware of Coinbase, I didn't know about the Shift Card though (that's pretty cool). I've been debating signing up for BitPay.
I’ve used Coinbase and Xapo, bt as for Bitpay, that I haven’t used. I mostly made use of Xapo and not Coinbase (just because I preferred Xapo) if you have a Xapo account you already know what to do, but if you don’t, what you will do is install their app through your phone store (Google Playstore or Apple store) then sign up, and you will see a section for requesting their Bitcoin debit card. When ordering, they will request for your ID card and other stuffs for the purpose of verification. Once you have the debit card, you can use it at a point of sale, or even use it to withdraw from any ATM with MasterCard logo on it. They’re very useful, but for the charges, you might not like them. |
|
|
|
|
|
fabioganga
|
|
January 18, 2018, 01:31:54 PM |
|
I made a video on this and why, in my opinion, you should use Payeer as an excellent way to monetize Bitcoin. For those who may be interested, here is the link: https://youtu.be/G4-6HLeP0VI |
|
|
|
|
jkw224 (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
February 02, 2018, 04:19:15 PM |
|
I am aware of Coinbase, I didn't know about the Shift Card though (that's pretty cool). I've been debating signing up for BitPay.
I’ve used Coinbase and Xapo, bt as for Bitpay, that I haven’t used. I mostly made use of Xapo and not Coinbase (just because I preferred Xapo) if you have a Xapo account you already know what to do, but if you don’t, what you will do is install their app through your phone store (Google Playstore or Apple store) then sign up, and you will see a section for requesting their Bitcoin debit card. When ordering, they will request for your ID card and other stuffs for the purpose of verification. Once you have the debit card, you can use it at a point of sale, or even use it to withdraw from any ATM with MasterCard logo on it. They’re very useful, but for the charges, you might not like them. I'll check out Xapo. What are the fees? |
|
|
|
|
jkw224 (OP)
Newbie
Offline
Activity: 54
Merit: 0
|
|
February 02, 2018, 04:29:16 PM |
|
I made a video on this and why, in my opinion, you should use Payeer as an excellent way to monetize Bitcoin. For those who may be interested, here is the link: https://youtu.be/G4-6HLeP0VIThank you for the video on Payeer. It looks like a great solution. Why do you have to send a minimum of 0.001 BTC? Also, it's unfortunate it's not available in the US. |
|
|
|
|
|
|
Iranud
Newbie
Offline
Activity: 26
Merit: 0
|
|
September 01, 2018, 10:22:34 AM |
|
It would depend on your location, amount and the type of fiat. Location determines government regulations. The amount would affect the easy, need for kyc and time to receive fiat at hand. The type of fiat could be USD which is easier or AUD, etc. Success and be careful, So you don’t get scammed.
|
|
|
|
|
Binugon
Jr. Member
Offline
Activity: 182
Merit: 1
|
|
September 04, 2018, 03:10:58 PM |
|
I'd like to set up the ability to withdraw Bitcoin into USD, and spend it at Point of Sale.
What are the best ways to do that?
the first and most trusted bitcoin wallet is blockchain, transaction security and money storage on blockchain is no doubt, blockchain has the flexibility to also transparently show every transaction. |
|
|
|
|
|
