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fixmod
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February 03, 2017, 07:39:42 AM
 #41

Is it possible to withdraw bitcoins to bank account
Depend on what country you live on, if you are US resident you can use coinbase exchange service, coinbase exchange service only available for US. In my country a couple exchange provide withdrawal to bank account, and this service very helpful for me,because I don't need to worry get scam with another people.
you can use exchange services such as cex.io or btc-e  or any other. maybe you can find local bitcoin exchange services depends on your location.

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Okurkabinladin
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February 03, 2017, 10:03:10 AM
 #42

I have a question related to the one suggested by OP,

how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.
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February 04, 2017, 11:00:58 AM
 #43

Is it possible to withdraw bitcoins to bank account
Not directly, you need to transfer the bitcoin to your local currency first. You can do this with an online exchange service. Tell me what currency u need, and I can tell you an good exchange.

Thanks for the information.

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February 04, 2017, 02:41:58 PM
 #44

Such a thing is not possible for now. The banks do not have direct bitcoin support.
Bitcoin has a slightly different structure than today's finance systems. If you want to translate your BTC into your local currency, there are some methods.

For example
You can convert your BTCs through the exchange sites. You can then transfer the funds your bank accounts.
You can use the LocalBitcoins system.
You can sell your BTCs online within this forum.

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February 05, 2017, 10:29:39 PM
 #45

You can do that easily indirectly, just set up an account in almost any exchange and pick one based on your country and location, deposit BTC and trade for USD or local currency and then withdraw, it's as simple as it can be.
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February 06, 2017, 08:49:29 AM
 #46

I have a question related to the one suggested by OP,

how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.
Every exchange have limit withdrawal a day, until now I never withdrawal in large money the biggest is approx $2,000 so I don't get limit withdrawal, If you have $100,000 on exchange and the withdrawal limit is $10,000 a day, the possible is you only can withdrawal every day until you done to withdrawal all your money.

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February 06, 2017, 08:56:30 AM
 #47

Is it possible to withdraw bitcoins to bank account
Yes... Its very possible Smiley i really withdraw my bitcoin in the real world with a bank account i used my mom's bank account to withdraw it Cheesy but surely my mom did get it not me >.< if it was me the cashier will notice that i make big money but not paying tax Cheesy i was scared that they would right me a message so my mom did get it, you should try it Cheesy in your wallet and their is a code on how to put it Cheesy its easy Cheesy
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February 06, 2017, 09:05:08 AM
 #48

I have a question related to the one suggested by OP,

how do you withdraw large sums of money, that you have stored in bitcoin? Say one hundred thousand dollars? Is it currently even possible? Sites like OkCoin have limit of ten thousand dollars.

You can withdraw any sum of money but only thing is you have to open account in all big exchange and split the bitcoin in that exchange and withdraw daily in the daily limit so like this you can withdraw your bitcoins to bank. But you should also check that which country you are residing as you may also face the income tax on the transaction

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February 06, 2017, 11:39:03 AM
 #49

Is it possible to withdraw bitcoins to bank account
Yes... Its very possible Smiley i really withdraw my bitcoin in the real world with a bank account i used my mom's bank account to withdraw it Cheesy but surely my mom did get it not me >.< if it was me the cashier will notice that i make big money but not paying tax Cheesy i was scared that they would right me a message so my mom did get it, you should try it Cheesy in your wallet and their is a code on how to put it Cheesy its easy Cheesy

Yeah it is very possible. Then what would you say the process when you withdraw? Is it easy to use? What kind of bank account your mom have? so that i can try soon if i have enough bitcoin i collect. Is bank account safe to withdraw all you have? or is there any other possible way to withdraw it rather in bank account?

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February 06, 2017, 01:32:47 PM
 #50

Is it possible to withdraw bitcoins to bank account
Yes... Its very possible Smiley i really withdraw my bitcoin in the real world with a bank account i used my mom's bank account to withdraw it Cheesy but surely my mom did get it not me >.< if it was me the cashier will notice that i make big money but not paying tax Cheesy i was scared that they would right me a message so my mom did get it, you should try it Cheesy in your wallet and their is a code on how to put it Cheesy its easy Cheesy

Yeah it is very possible. Then what would you say the process when you withdraw? Is it easy to use? What kind of bank account your mom have? so that i can try soon if i have enough bitcoin i collect. Is bank account safe to withdraw all you have? or is there any other possible way to withdraw it rather in bank account?

In our country can be exchanged without much difficulty Bitcoin on fiat money. I have already several times and done. As regards security, so it is no more than a credit card. The main thing is to choose the exchange point right.



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positivezero
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February 08, 2017, 12:48:13 PM
 #51

Is it possible to withdraw bitcoins to bank account
Yes... Its very possible Smiley i really withdraw my bitcoin in the real world with a bank account i used my mom's bank account to withdraw it Cheesy but surely my mom did get it not me >.< if it was me the cashier will notice that i make big money but not paying tax Cheesy i was scared that they would right me a message so my mom did get it, you should try it Cheesy in your wallet and their is a code on how to put it Cheesy its easy Cheesy

Yeah it is very possible. Then what would you say the process when you withdraw? Is it easy to use? What kind of bank account your mom have? so that i can try soon if i have enough bitcoin i collect. Is bank account safe to withdraw all you have? or is there any other possible way to withdraw it rather in bank account?

In our country can be exchanged without much difficulty Bitcoin on fiat money. I have already several times and done. As regards security, so it is no more than a credit card. The main thing is to choose the exchange point right.

Well it would really great for us to do that since it is hassle-free. But is there any limitations when you withdraw in bitcoin? Like in our country, our banks don't accept bitcoin withdrawal, maybe it depends on the country where you live in but i hope so in the future, it can be done to our country since it is very convenient to use and effortless.

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February 08, 2017, 06:12:57 PM
 #52

Is it possible to withdraw bitcoins to bank account
It only possible if you guys goes to exchange it first.Directly withdraw your bitcouns into bank account could hard job.It depends which country have you lived.If you agree terms and condition then you may do it.
stephanirain
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February 09, 2017, 12:22:50 PM
 #53

Is it possible to withdraw bitcoins to bank account
Certainly, there would be a process. You need to convert yoyr bitcoin into fiat money first then encash it to your bank account.

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February 09, 2017, 04:58:34 PM
 #54

It's not possible to transfer Bitcoin strait to your bank account.
You do have a few options though:

You could use an exchange like Coinbase to exchange your bitcoin for USD/EURO and withdraw to Paypal or your bank account. I'd recommend this most.

You could exchange bitcoin for Cash, Wire, Paypal, etc, online or in person P2P style through places like local bitcoins, the currency exchange portion of this forum, or with your friends. This would be the most anonymous.

You could get a debit card funded with BTC, these vary in anonymity and price, although Bitpay, Xapo, and Shift are all pretty good. This would probably be the most convenient.

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February 09, 2017, 11:17:12 PM
 #55

Is it possible to withdraw bitcoins to bank account
Certainly, there would be a process. You need to convert yoyr bitcoin into fiat money first then encash it to your bank account.
Like here in my country we use our own based web wallets where we can easily sold our nitcoin and deposit our money directly into our bank account no meed to exchange it into fiat if you had web wallet that based on your country used that to sell out your coins :$

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February 10, 2017, 01:41:06 PM
 #56

Is it possible to withdraw bitcoins to bank account
Certainly, there would be a process. You need to convert yoyr bitcoin into fiat money first then encash it to your bank account.
Like here in my country we use our own based web wallets where we can easily sold our nitcoin and deposit our money directly into our bank account no meed to exchange it into fiat if you had web wallet that based on your country used that to sell out your coins :$


Yes. This is exactly what we have in the country and change has on Fiat money. Me this way. We even can change without the participation of the Bank. Just with the purse has Exchange spend and go pick up cash



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bitbob82
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February 10, 2017, 02:47:09 PM
 #57

Is it possible to withdraw bitcoins to bank account
Depend on what country you live on, if you are US resident you can use coinbase exchange service, coinbase exchange service only available for US. In my country a couple exchange provide withdrawal to bank account, and this service very helpful for me,because I don't need to worry get scam with another people.
yes t is depending on the country where we are living.  i think local bitcoin is the best option in this regard. in my country i am using URDUBIT for depositing and withdrawal of bitcoin. its really a very good service, i never feel any issue regarding this service.i will love to continue using it even in future.
Blackshadow007
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February 11, 2017, 06:38:29 AM
 #58

Is it possible to withdraw bitcoins to bank account

Directly no , but through Exchanges yes .

For example you can withdraw to your bank via BTC-E / BITSTAMP / COINBASE , these are the Official BTC Exchanges . Check the official exchange in your country and register there with Document proof , add your bank and withdraw your BTC for the exchange wallet Smiley

artdor
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February 11, 2017, 01:50:07 PM
 #59

I heard that there is even a BitCoin card. And if I understand correctly, then you can transfer them directly. It is also very convenient. Do not tell the truth is? And where such a cardcan be opened, if it's true?



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oOxenonOo
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February 12, 2017, 07:30:24 PM
 #60

I'm using this one,  VISA card, you can pay with it in store or take cash on ATM, take my referral and get 25% discount on all cards, cost only 11,25USD

https://cryptopay.me/join/2ba174b8

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