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Author Topic: Easiest Way to Turn Bitcoin into Cash?  (Read 10229 times)
dejames (OP)
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February 21, 2017, 01:13:49 AM
 #1

What's the easiest way to turn bitcoin into cash?
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 21, 2017, 01:51:54 AM
 #2

Using a trusted local exchange from your country. Send your Bitcoins to the exchange, they will pay you in fiat and send the money to the bank account providedby you. That is the method I use.

 
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February 21, 2017, 03:32:09 AM
 #3

What's the easiest way to turn bitcoin into cash?

Well as for me the easiest way to turn bitcoin into cash is selling it to your friends its very easy or selling it to someone you trust exchange it to real money its really easy because some people would really give everything for bitcoin and as you sell bitcoin you can even increase the bitcoin's price when you sell it to someone in cash you can try it its easy and its like trading bitcoin is expensive and very popular sell it to people who doesn't know how to earn bitcoin but knows bitcoin Cheesy and double the price Cheesy easy money Cheesy
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February 21, 2017, 04:44:45 AM
 #4

An exchange or Bitcoin ATM is probably the easiest method to convert bitcoin to fiat. Although most exchanges will require a certain amount of personal information in exchange for this ability.
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February 21, 2017, 08:58:14 AM
 #5

Assuming you live in a fairly populated area and aren't trying to sell more than a few thousand dollars worth of Bitcoin, try out LocalBitcoins. LocalBitcoins only acts as a marketplace that connects buyers and sellers, but finding a buyer is usually pretty easy.

If you have an Android phone, Mycelium Local Trader might also be worth trying.
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February 21, 2017, 10:26:39 AM
 #6

I use uphold.com to exchange... it's by far the easiest and fastest way. you have to go through KYC though

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February 21, 2017, 04:08:46 PM
 #7

Easiest and cheapest are going to be two different things, I know you only mentioned easiest so I'll just go forward and say the easiest would have to be using an online marketplace such as Paxful and Localbitcoins, though they do incur pretty hefty fees but it matters on what way you want your money back. (Example - cheaper to have money go straight to cash to your bank account)

Cheapest would have to be using a service such as Coinbase, Kraken, BTC-E and so on which allows you to sell and buy bitcoin but you usually must adhere to KYC laws which will take some time to verify all of your ID, Passport and so on.

An exchange or Bitcoin ATM is probably the easiest method to convert bitcoin to fiat. Although most exchanges will require a certain amount of personal information in exchange for this ability.

Those may be easy, but those Bitcoin ATM's take a disgusting amount of money from you. Just steer clear from them unless you're really that desperate to sell quickly. Plus I highly doubt your area has one close to where you live, I know I don't.




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February 21, 2017, 04:14:46 PM
 #8

What's the easiest way to turn bitcoin into cash?
The Most Easiest Way to Convert Your Bitcoins into Cash is that You can Go on Localbitcoins.com Website to Exchange Your Bitcoins into Cash Where you can Sell your Bitcoins to Other Users and Also Many Payment Options are Available there or You can Just find a Bitcoin Trader Near you And Convert your Bitcoins into Cash Easily......
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February 21, 2017, 08:39:34 PM
 #9

You can exchange to many exchanges but I like most no KYC exchanges. I use Bitpanda.com because it allows you to buy/sell up to 1000 Euro per day in bitcoin only if you are email verified. Privacy I think matters a lot when you are using bitcoin that's why I recommend you this exchange if you are from Europe.




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February 21, 2017, 08:51:18 PM
 #10

+ 1 for LBC on small stuff

I will pay the small fee to avoid face to face with a stranger.  For transactions >10 BTC at a time a known trader with trust is not a problem for me.  I am assuming you are likely trading a fraction of a coin or only 1 or 2 coins per deal.

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February 22, 2017, 12:58:19 AM
 #11

What's the easiest way to turn bitcoin into cash?

If by cash you mean, Cash in hand and not in your bank account, then Localbitcoins is your only option. They do have some traders who do cash in hand. You can also consider posting in your local section of bitcointalk if you are from a different country and ask them to do a local deal.
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February 22, 2017, 06:07:30 AM
 #12

What's the easiest way to turn bitcoin into cash?

i think you can do the easiest way by selling your bitcoin into cash in local exchanges that available for your country or you can sell it in localbitcoin but you need to find a person that is in the same country like you so you can make a deal with him/her. before you make transaction, make sure that you found the right person and he have a good reputations in localbitcoin so you don't have to be worried to get scam. i think its not hard to find that person as long as you can make a list the top ten person from your contry so you can easily contact the seller to sell your bitcoin. and this is the short and easy way that you can do while you can make your bitcoin grow than before.
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February 22, 2017, 11:19:29 AM
 #13

What's the easiest way to turn bitcoin into cash?
You can use localbitcoins or your local exchange services type in your language "exchange bitcoin and you will see some sites which allows you exchange


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February 22, 2017, 01:34:32 PM
 #14

What's the easiest way to turn bitcoin into cash?
Easiest way to turn bitcoin is used you bitcoin wallet based on your country if you had there just use it like here in my country we already had web walelt since the bitcoin become a good digital currency but then we easily sell our coins and buyer directly deposit our money into banks within 8 hours.
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February 22, 2017, 02:58:32 PM
 #15

What's the easiest way to turn bitcoin into cash?

If you have enough btc try to invest it first to any reliable site with proof of legitimacy because investing takes a high risk but it can make your money a little bit higher. if you have done doing it be sure that you keep your btc to a trusted wallet, then try to exchange it to dollars to paypal or try trade your btc as well, btc is a real money it such a very big thing when you know how to play it.

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February 22, 2017, 03:09:37 PM
 #16

What's the easiest way to turn bitcoin into cash?
Use exchange website where you can easily your coins into your prefered currency i just used my web wallet where i can easily sell my coins whenever i am or what time i want i can easily used any remitances that can be use to encash my money.

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February 23, 2017, 12:39:10 PM
 #17

Here at the Marketplace you'r able to make bitcoins for cash easly by trading with trusted members and/or using escrow
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February 25, 2017, 02:57:54 PM
 #18

I am using a wallet in coins.ph which is quickly changing my bitcoin to real money. Within a second I can change my bitcoin to real money which I can withdraw in any designated or picked outlets.

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jak3
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February 25, 2017, 08:04:41 PM
 #19

there are may ways you can convert your bitcoins into your local avalible cash like bank transfers and all, but getting hard time while reading the rules or stuck on any part well i will advice local trading will be the best method where you can directly trade to your area's local trader and if yo do not have one then why not you become the first
UnunoctiumTesticles
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February 26, 2017, 07:58:18 PM
 #20

Localbitcoins and vendors there .
Know them and buy in person .
they are in every city and good potential friends too .
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