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Author Topic: HOW I CAN CASHOUT BITCOIN?  (Read 1302 times)
xwshamim (OP)
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February 07, 2017, 03:27:53 PM
 #1

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??
nydiacaskey01
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February 07, 2017, 03:33:07 PM
 #2

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??

You need to know if there's a local exchanger in your country so you can cash out. In my country there's a lot of ways to receive my Bitcoin but only a few exchangers. I can cash out through Banks, Pawnshops and Telco Company. Downside of cash out through local exchanger is they ask for some identification or else they will set a limit.
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February 07, 2017, 04:17:22 PM
 #3

usually every country there are online businesses engaged in the sale and purchase of the local currency bitcoin, you try to find out in google.com you will definitely find it, one should remember to be careful with fraud
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February 07, 2017, 05:45:14 PM
 #4

Most countries have Bitcoin exchanges, but these services will put you through strict verification procedures to enable you to cash out

to a bank account. You could trade directly with people <high risk> via Localbitcoin or just find a local Bitcoin meetup and trade Bitcoin

for the local currency there. You will run into trouble, going back to fiat if your Bitcoin is "dirty"  Roll Eyes

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Blackshadow007
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February 07, 2017, 07:52:06 PM
 #5

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??


Easiest cash out is Localbitcoins . Register and do Face to face trade with Local sellers in your location Smiley

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February 07, 2017, 09:16:40 PM
 #6

Depending upon the volume of coins, you could also just pay bills with BTC if that is available.  I have tons of merchants around me that accept btc for items.  Even some of our utilities accept btc.  For my larger moves I like to use lbc as mentioned by some above.  I'll pay a small premium to avoid face to face, but that is my decision and it works for me.  If you have substantial "feedback" at lbc you can move coins/money around quickly and easily.

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hardtime
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February 07, 2017, 09:29:51 PM
 #7

To be able to go through a small amount of fees (if you're willing to go through verification) I would suggest using reputable exchanges such as Kraken, or Coinbase. I personally use Coinbase and haven't had an issue with them at all.

If you'd like to go through some higher amount of fee / percentage lost in the process but care about hiding your identity LocalBitcoins or Paxful is the place to go, or the currency exchange on here.

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unholycactus
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February 07, 2017, 09:39:15 PM
 #8

If you wish to remain anonymous and don't have a crazy amount to trade, I suggest you trade them in person locally.
Check what's available around you or where you are going, methods available greatly vary depending on where you are.
LTU_btc
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February 07, 2017, 11:10:27 PM
 #9

It's mainly depends on your country. Many countries have their local exchanges. If there are exchange in your country, it's easiest and most comfortable way to cashout bitcoin. You also can exchange bitcoin face to face if will find people in your local area who can do it.
It would be harder to cashout bitcoin if this currency is illegal in your country.

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February 07, 2017, 11:42:39 PM
 #10

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??


Kprawn has it right. You could use LocalBitcoins and the Currency Exchange section on Bitcointalk.org https://bitcointalk.org/index.php?board=53.0

many Bitcoin holders are willing to purchase Bitcoin from you if you have a Paypal account or any other digital payment processor.
LocalBitcoin is also good to try but most cases you will have to meet up with the guy/girl in person (not my cup of tea).

 
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Dmitry.Vastov
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February 08, 2017, 12:55:24 AM
 #11

As other said. You need to find a local exchangers to cash out your btc. Some exchangers allows you to convert your bitcoin to cash and deposit it your bank account. Local exchangers depends only on what country you're living. Thats why we cant just give you some examples because i dont this is available in your country. You're only hope is localbitcoins.com. Theres a lot of countries supported by this site. So you will cash out bitcoin near you.
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February 08, 2017, 01:12:40 AM
 #12

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??

Yes you can,you can exchange your bitcoin in any site that converts into fiat and ready to cash out anywhere in the world.
I think in every country there is an exchanger where you can cash out your bitcoin.
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February 08, 2017, 01:25:04 AM
 #13

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??

Yes you can,you can exchange your bitcoin in any site that converts into fiat and ready to cash out anywhere in the world.
I think in every country there is an exchanger where you can cash out your bitcoin.

Where is the website? Could you post a link?

 
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February 08, 2017, 02:14:36 AM
 #14

I transfer from coinbase to paypal, safe legal and you receive funds in one day
wintermeasures
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February 08, 2017, 06:38:30 AM
 #15

I actually want to know that will i be able to cash out bitcoin in any contry..and if i can what is the process??

Today Many Exchange Websites are Online By Using them you can cashout your Bitcoins into cash and the Website I Mainly Use to Cashout My Bitcoins into Cash is Localbitcoins.com....
You can Convert your Bitcoins into cash from anywhere in the world and also this website is personally used by me So that's why I Suggest you that website to cashout your Bitcoins easily....
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February 19, 2017, 09:21:24 AM
 #16

You can find local exchange sites if they are legal in your country it ll be easy. Or another way is to buy an international debit card that you can install / pay with bitcoin.
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February 19, 2017, 10:16:45 AM
Last edit: February 21, 2017, 04:20:40 PM by Pamoldar
 #17

If you will be using your I.d for exchanges I would suggest cashing out using moneygram or western union through exchangers such as localbition or paxful, or you can use a bitcoin debit card from advcash,Cryptopay.me or uquid.

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February 19, 2017, 03:01:24 PM
 #18

I am using bitcoinwallet from coins.ph. They are really a cool site and app. Though there are qualifications before you can cash out. You must first identify yourself with some pictures and documents like driving license. You can change bitcoin to real money too.
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February 19, 2017, 08:26:22 PM
 #19

I'm using BTC debit card from   https://cryptopay.me/

It is easy to use Visa card, fill it with BTC, and use it in every store or ATM where visa is accepted

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February 19, 2017, 09:42:07 PM
 #20

I am using bitcoinwallet from coins.ph. They are really a cool site and app. Though there are qualifications before you can cash out. You must first identify yourself with some pictures and documents like driving license. You can change bitcoin to real money too.
I think that is not a good idea to use that site because it requires to submit personal informations which is against for bitcoin's feature "Anonymity", I would rather use localbitcoins.com since it is a great site which is reliable also and i think much better than that site called coins.ph, A true bitcoin wallet will never requires you to submit personal informations because they are respecting for being anonymous of bitcoin.
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