BTC withdrawal

[adzino]

Thanks for all the replies..!! It was very helpful..!! will surely revert back i have any other queries..

Like others said no bank is ever going to accept btc directly, you need to exchange your coins but you can use a bitcoin debit card. You can cash out easily from atm with few limitation without any hassle. Even tried bank transfer via advcash once, it did work without any problem. Not sure if they still offer that option.

[jackshephard]

yes it is very possible, just use any exchange from a very long list like coinbase, circle etc etc etc... also you can do personal deals to exchange it. size should not be a problem as long as you fill you tax returns

[xIIImaL]

yes it is very possible, just use any exchange from a very long list like coinbase, circle etc etc etc... also you can do personal deals to exchange it. size should not be a problem as long as you fill you tax returns

Agree coinbase best exchange for btc and eth coins but to have better trade experience from any country you could do with localbitcoins. Here you can find the escrow system is with you while you trade the bitcoins to traders. Most of the people here around has the choice as localbitcoins only for their transactions to bank.

[wh04m1]

Is it possible to withdraw bitcoins to bank account

The banks do not have such a support yet. I think that you will support the banks directly or indirectly in the future.
But you can transfer funds to your bank account using the bitcoin exchanges.
Sample sites:

https://btc-e.com
https://yobit.net

[mikehersh2]

Is it possible to withdraw bitcoins to bank account

Technically it has to be converted in your fiat first and you can withdraw it in your bank if you found a local exchanger. You can withdraw btv directly to  a bitcoin devit card tho.
You can see a lost of where you can get yourself a bitcoin devit card here: https://bitcointalk.org/index.php?topic=1242788.0

This is correct since bank dont accept bitcoin directly and like in my local bitcoin wallet provider there is a feature on which you could directly convert your bitcoin to fiat then transfer it to your bank account or card.Bitcoin debit card is also an good option too as jacee mentioned the link which is very helpful.

Ive never heard of a Bitcoin Debit card, but ive always wanted to convert my btc into USD. By doing this, can I deposit the USD in my btc debit card into a Paypal account?

[artdor]

Is it possible to withdraw bitcoins to bank account

Technically it has to be converted in your fiat first and you can withdraw it in your bank if you found a local exchanger. You can withdraw btv directly to  a bitcoin devit card tho.
You can see a lost of where you can get yourself a bitcoin devit card here: https://bitcointalk.org/index.php?topic=1242788.0

This is correct since bank dont accept bitcoin directly and like in my local bitcoin wallet provider there is a feature on which you could directly convert your bitcoin to fiat then transfer it to your bank account or card.Bitcoin debit card is also an good option too as jacee mentioned the link which is very helpful.

Ive never heard of a Bitcoin Debit card, but ive always wanted to convert my btc into USD. By doing this, can I deposit the USD in my btc debit card into a Paypal account?

Can a soon-to-be and cards but yet, as far as I know, you can change the BTC into USD on the stock exchange. Although there are and exchange companies that for your percentage will help you exchange.

[LLec]

Like mentioned before on this thread, use coinbase or bitstamp if you want the funds into your bank account.
Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.

You can order their card and upload funds without needing to send your ID up to 2000$.

I was looking at getting a e-coin card but then their website wirex had problems over the holidays and alot of mad people over at their support thread telling of not getting payments sent and the like.
What issues if any have you had and how long have you had the card for?
I have one but the $1 monthly fees would be good to have waived off.  Even if you don't hold a balance on the card.
If e-coin's card did not have this I would go with them in a heart beat.

[faradayz]

Not directly from a BTC address to a bank account but pretty easy, just register an account at any exchange and verify identity in some "and no need in others", Deposit, Trade to USD, withdraw...

[lusinda]

The easiest way, I think, is to convert Bitcoin into BTC-e codes and than withdraw codes to your bank account.

[banjir]

how abut bitcoin ATM ?
whether bitcoin ATM in the future will have to redeem bitcoin features directly into our local bank ?

[onnz423]

Like mentioned before on this thread, use coinbase or bitstamp if you want the funds into your bank account.
Or you could use a bitcoin debit card like e-coin/wirex, i have been very happy with their service, of course they have their issues too.

You can order their card and upload funds without needing to send your ID up to 2000$.

I was looking at getting a e-coin card but then their website wirex had problems over the holidays and alot of mad people over at their support thread telling of not getting payments sent and the like.
What issues if any have you had and how long have you had the card for?
I have one but the $1 monthly fees would be good to have waived off.  Even if you don't hold a balance on the card.
If e-coin's card did not have this I would go with them in a heart beat.

Well honestly, after the holidays i had an issue too when i tried loading the card and it said insufficient funds and i had to msg support to get my funds back. Also, never used wirex website, only the mobile application and the loading on e-coin.io so i could really suggest them just because of how many times their card have savdd me example with urgent groceries. Let me know if you are interested, i can pm you a link which gives you -25% off their card

[mazhar]

no you can't..it is virtual currency

[smario]

Is it possible to withdraw bitcoins to bank account

Depends if you are living in 3rd world country maybe you can sell up your bitcoin into real money i always deposit my bitcoin into bank and they changing it into real money that quick

marcuslong which country do you stay in ??

[Docnaster]

You can actually deposit your money into somewhere like Localbitcoins.com, from there you will be able to sell your bitcoin to somebody who will pay you by bank transfer. This is pretty much the same as a bank withdrawal, just requiring a third party.

However, cashing out directly from BTC to Bank Transfer is not possible since they're two different platforms. Unless your bank has a built-in exchange, which I highly doubt considering most banks hate crypto.

Shoot me a PM if you need any help.

[artdor]

Yes here in the philippines bitcoin to bank deposit is available

Wow. Has deposits it's probably very cool. And under what interest these deposits offer? May we will have something like this soon. Now some banks take to Exchange BTC and ETH.

[smario]

Yes here in the philippines bitcoin to bank deposit is available

Good for you..i am still looking whether its avaliable with my bank..

[Blackdeath]

Is it possible to withdraw bitcoins to bank account

Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa
.

[xIIImaL]

Is it possible to withdraw bitcoins to bank account

Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa
.

I have checked in Google about the bank accepting bitcoin. Unfortunately, no proper results about it. Could you please pass the link to here. Even in my city, I do not able to find any banks that accepting bitcoins. If the bank accepts also its waste according to me due to penalties and maintenance charge all will be applicable then.

[artdor]

Is it possible to withdraw bitcoins to bank account

Certainly it's impossible. What you need to do is to convert it into a fiat money through coinbase for dollar, coin.ph if you are from Philippines. If you can't do both of that, you can convert fiat money directly to a person who trade btc-fiat money pairs vice versa
.

Convert fiat money we have, anyway, you can with the help of intermediaries. There are exchange offices that help do it for not a large percentage. And I hope that soon it will be possible to convert in any outlet of the Bank

[barnes13]

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.