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Author Topic: Withdraw BTC if underage?  (Read 1786 times)
Neal Pnsserl
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January 29, 2017, 12:36:03 PM
 #1

First of all, I'm not even sure how to withdraw BTC at all, but my problem is bigger than that.
Say for example I'm underage (no access to CC) and I have a couple of BTCs which I want to withdraw.
How can I do this if we take into account that I can't ask anyone to use their CC, PayPal, whatever?
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mobnepal
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January 29, 2017, 12:48:39 PM
 #2

If you don't have bitcoin atm machine near by you than you can use bitcoin exchange platform to sell your bitcoin and withdraw fiat into your parents bank account. There are also bitcoin debit cards in which you don't have to get verified but it will have withdraw limit so you can try them, here is list of  bitcoin debit card providers https://bitcointalk.org/index.php?topic=1410577.0

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January 29, 2017, 12:49:50 PM
 #3

Meet up face-to-face. Find Bitcoiners in your area and I'm pretty sure there would be people interested in purchasing Bitcoins off you. Else, you can find someone on this forum that will do mail in cash for BTC for you.

An example of a platform that does this is localbitcoins and they have a pretty good escrow system.














 

 

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CroIsBest
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January 29, 2017, 12:53:19 PM
 #4

You can witdrawal your bitcoin money easy to bank account b+and you dont need to have enought age but you need parents for that or ATM device I mean your parents need to create like example bitkonan account or any other wallet like bitstamp like a localbitcoins or any other which you know and put private informations like name,surname ,adress and other informations which they need and you can withdrawal your money to their bank account or you can withdrawal your money directly to your AMT device where are feees 5-10% when you widrawal your bitcoins which automatticly will turn to your local money.
Neal Pnsserl
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January 29, 2017, 12:55:15 PM
 #5

If you don't have bitcoin atm machine near by you than you can use bitcoin exchange platform to sell your bitcoin and withdraw fiat into your parents bank account. There are also bitcoin debit cards in which you don't have to get verified but it will have withdraw limit so you can try them, here is list of  bitcoin debit card providers https://bitcointalk.org/index.php?topic=1410577.0

I want to surprise my parents so they can't know about it which means I can't use a bank account, I will look into debit cards, thanks.
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January 29, 2017, 01:00:24 PM
 #6

Well, you see, Bitcoin was created to keep your anonymity when transferring money, buying or selling stuff online etc.. so you don't need to use your CC or PayPal to exchange BTC into fiat. In order to do that, you can go to ATMs that are BUYING Bitcoin. Look them up on Google, a quick search about the ATMs around you will give you a list of them. Unfortunately the only one I have in my country that accepts buying is too far away from me.. Cheesy
Neal Pnsserl
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January 29, 2017, 01:04:03 PM
 #7

Well, you see, Bitcoin was created to keep your anonymity when transferring money, buying or selling stuff online etc.. so you don't need to use your CC or PayPal to exchange BTC into fiat. In order to do that, you can go to ATMs that are BUYING Bitcoin. Look them up on Google, a quick search about the ATMs around you will give you a list of them. Unfortunately the only one I have in my country that accepts buying is too far away from me.. Cheesy

Well I guess I'm lucky since our capital has a few of them and it's only about 15km from where I live.
How exactly do these work? I just send my BTC to their address and it prints out cash?
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January 29, 2017, 01:10:29 PM
 #8

You can withdraw your btc through your parents bank account. But you cant withdraw them personaly direct to the bank. As other were saying. ATM card is your solution. Also, if you have local bitcoin wallet. You can withdraw your funds thru remittance. Me, im using a localbitcoin wallet and i can cash out my btc thru remittance. I just dont know what age they allow to withdraw the funds.

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January 29, 2017, 01:13:51 PM
 #9

Since you're underage and you are already aware of bitcoin then in my opinion, you are really smart than those kids around there. Why not use localbitcoins.com if you have one in your locality and ask one area brother to join. You can use his account or ask him to follow you for a tip but be sure he is someone to be trusted. Doing this might save you a lot of troubles because parents might not understand.

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January 29, 2017, 01:14:41 PM
 #10

First of all, I'm not even sure how to withdraw BTC at all, but my problem is bigger than that.
Say for example I'm underage (no access to CC) and I have a couple of BTCs which I want to withdraw.
How can I do this if we take into account that I can't ask anyone to use their CC, PayPal, whatever?

You got to use localbitcoins, my friend, but even this method I'm not recommending since you need to meet up with someone in person to do the exchange. If there is a bitcoin atm anywhere near you then you're lucky because you surely will bypass all of those security verifications and whatnot.

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January 29, 2017, 01:19:09 PM
 #11

I have new idea how you can withdrawal your money.Explain to your friend how bitcoin works and then teach him how he can earn bitcoins online and he will be suprised maybe or maybe not try it maybe it will work and then offer him  to sell some amount for bitoin and explain him how he can turn that amount of bitcoins to bigger amount of bitcoins.So first he need to pay you via fiat cash and then you can teach him how he can create bitcoin wallet or try to find person from your town which accept bitcoin -fiat exchange and then change but they will earn a little money on you because you get less fiat money whe you exchange with some trader .
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January 29, 2017, 01:47:37 PM
 #12

I think you are trying to say on how to cash out your bitcoins from your online wallet. Here in our country, Identification is really needed for we to be able make a request for cashing out our money from the local wallet. But there is an option that we can get it even we don't have a credit card or bank account.


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January 29, 2017, 02:06:31 PM
 #13

i think it would not be your friend because your friend is the same age like you so you need to explain bitcoin to your dad or people which is older than you and after that you can find buyer in localbitcoin or other place and make negotiate with the buyer using the account from person that is older than you. when the negoatiate is deal, then the buyer can send the money to person that older from you, you send the amount of bitcoin to the buyer.


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January 29, 2017, 02:20:25 PM
 #14

Where I live, there is a bitcoin embassy, I know they buy / sell bitcoin for cash up to a certain amount.  You can buy gift cards, like amazon cards with bitcoin through some sites.  You can order stuff directly with bitcoin, like on newegg.  Best bet is local meet up with bitcoin enthusiasts and sell it there.  if you do meet someone face to face to sell, make sure you meet in a safe place.  Like a police station Smiley

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January 29, 2017, 02:24:18 PM
 #15

First of all, I'm not even sure how to withdraw BTC at all, but my problem is bigger than that.
Say for example I'm underage (no access to CC) and I have a couple of BTCs which I want to withdraw.
How can I do this if we take into account that I can't ask anyone to use their CC, PayPal, whatever?

Well then hook on to an exchange and get them to send you fiat by mobile money or buy something online with your Bitcoin and then pawn them for fiat afterwards but I'm wondering why would an underage be needing that extra cash for if your parents are that responsible in keeping you off Bitcoin/money.



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Rainbot
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Mike Mayor
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January 29, 2017, 02:29:05 PM
 #16

First of all, I'm not even sure how to withdraw BTC at all, but my problem is bigger than that.
Say for example I'm underage (no access to CC) and I have a couple of BTCs which I want to withdraw.
How can I do this if we take into account that I can't ask anyone to use their CC, PayPal, whatever?

Use localbitcoin.com you dont need to give any info since the use escrow. You can see the traders in your country and even meet then face to face if you like. The have different things a trader can fill in so be sure to check that before trading. Please note it is not nesserily an untrusted person if they are not fully verified.

All traders verify on a basic level then they can choose to use ID or drivers license to increase their legitimacy.

avatar_kiyoshi
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January 29, 2017, 02:33:39 PM
 #17

First of all, I'm not even sure how to withdraw BTC at all, but my problem is bigger than that.
Say for example I'm underage (no access to CC) and I have a couple of BTCs which I want to withdraw.
How can I do this if we take into account that I can't ask anyone to use their CC, PayPal, whatever?

Localbitcoin or bitsquare is the fit for you, localbitcoin meet bitcoin trader around you, use escrow to secure your transaction.
Bitsquare is an exchange platform which decentralized system, don't need account, don't need an identity.
mrjoy15
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January 29, 2017, 02:34:55 PM
 #18

I thing it would very easy process nowadays bitcoin exchange,there so many platform to sell your bitcoin and withdraw fiat into your bank account.Just use right direction to do this cause there many fraud attempts your around.Hoping that you will solve your issue in shortly,just need to open your eyes in around.

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sukamasoto
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January 29, 2017, 02:43:22 PM
 #19

Luckily I have my local exchanger that able to withdraw/convert btc into fiat without using ID at the moment

They using ID only for verification purpose and able to chat each other. Other than that , nothing is important !
gilbertp
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January 29, 2017, 02:47:07 PM
 #20

Is there really an ATM Machine for bitcoin?
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