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Author Topic: Easiest Way to Turn Bitcoin into Cash?  (Read 10229 times)
xIIImaL
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February 27, 2017, 03:29:05 AM
 #21

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

Localbitcoins is site where you can sell or buy the bitcoins from the local traders around that country. In your every trade escrow will release the bitcoins once you click the release button after you receive the payment in your bank. Change your btc into fiat with the traders done many traders and 100% trusted people.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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February 28, 2017, 02:05:02 AM
 #22

Local bitcoins is very reliable form of escrow service, mostly it works if you follow their rules and go with people with good reputation who have recently done well reported business with others.

Actually I will say the easiest form of bitcoin to cash is to just spend it in some way.  So keep the cash you would spend on pizza, use the bitcoin and effectively you have that cash now.  Do that regularly.
Other thing I do is bet my bitcoin but also place cash on the other side of the bet on what I think will win.  If you can get decent odds both ways, you are going to lose the bitcoin gain cash.  I do this as I find lots of esports games have very mixed odds, sometimes you cannot lose

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February 28, 2017, 02:22:56 AM
 #23

Local bitcoins is very reliable form of escrow service, mostly it works if you follow their rules and go with people with good reputation who have recently done well reported business with others.

Actually I will say the easiest form of bitcoin to cash is to just spend it in some way.  So keep the cash you would spend on pizza, use the bitcoin and effectively you have that cash now.  Do that regularly.
Other thing I do is bet my bitcoin but also place cash on the other side of the bet on what I think will win.  If you can get decent odds both ways, you are going to lose the bitcoin gain cash.  I do this as I find lots of esports games have very mixed odds, sometimes you cannot lose
Thank you. My friend too has shared good points about local bitcoins. A trust worthy traders are many here. As said, traders with good reputation are to hope with. The transaction occurs within 2-3 minutes max. His transactions history convince you to have a good binding with the traders in Localbitcoins.
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February 28, 2017, 03:41:36 PM
 #24

If you can find a Bitcoin ATM machine nearby where you live, cash withdrawal shall be fairly easy.

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February 28, 2017, 06:43:49 PM
 #25

If you can find a Bitcoin ATM machine nearby where you live, cash withdrawal shall be fairly easy.

It is not widely achieved by bitcoin. However you can buy a bitcoin debit card and you can use those card to accessing the any ATM machines near to you to take the money from your wallet. There is fees from the debit card companies to maintain the monthly balances.
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February 28, 2017, 06:50:29 PM
 #26

If you can find a Bitcoin ATM machine nearby where you live, cash withdrawal shall be fairly easy.
Currently its available just in few developed countries not any where best place is localbitcoins.com because its escrow system is best you can exchange all without any problem very quickly working for me also
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February 28, 2017, 11:25:50 PM
 #27

What's the easiest way to turn bitcoin into cash?
The easiest is without a doubt localbitcoins, you create an account and just wait, you can even earn a small amount of money with this by charging a small premium over the price of bitcoin at the moment.
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March 01, 2017, 12:21:30 PM
 #28

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

In my opinion - https://localbitcoins.com
You can even do face to face cash transactions. Be careful who you are trading with though, check their trade feedback.

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mundang
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March 01, 2017, 04:07:02 PM
 #29

What's the easiest way to turn bitcoin into cash?
Seach for nearest exchanger near your country or in your country. Just like us here in  the philipinnes we have this coins ph, an exchanger where  we can cashout our bitcoin into cash at any time.
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March 01, 2017, 05:48:53 PM
 #30

Coinbase, Goldmoney Deposits, or a Bitcoin debit card would probably be best.

Coinbase allow you to instantly sell you BTC to Paypal or your bank account; this is probably the fastest and easiest way to get money you can save (If you can't/don't want to use Coinbase you can use other exchanges, there are plenty of alternatives).
There are plenty of Bitcoin VISA/MasterCard debit cards that can be funded with your BTC; this is probably the most convenient, but you've got to spend the money you withdraw from it.
Goldmoney allow you to deposit BTC for gold, of course you'll get virtual gold instead of virtual Fiat currency, but they do offer a debit card you can use to make purchases with.

Hope this helps.

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March 02, 2017, 07:45:58 AM
 #31

the easiest way to get cash by selling the coins is one Bulgarian site crypto. bg you can translate it with tje chrome and do your thing,  they are fast and secure
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March 05, 2017, 04:41:47 AM
 #32

How anonymous does bitcoin stay when cashing out like this?
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March 05, 2017, 05:15:15 AM
 #33

Open account here https://coinsbank.com, deposit bitcoins, order credit card https://coinsbank.com/cards-details, use this card in POS or withdraw in ATM.
Similar services also provided by https://www.bitwala.io
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March 05, 2017, 05:22:04 AM
 #34

What's the easiest way to turn bitcoin into cash?
Since the best way is LBC then other because at LBC you can buy sell at your desired price and any time According to bid  market .
But still if you don't like LBC or any similar platform then probably it depends upon your the location that in which country do you live .
I my self in the country India and have much better options to sell and buy Bitcoin .
Usually I am making buy sell with the friend who is a trader ( most trusted ) and secondly when I don't find that friend with good price then sell at the zebpay where I can buy/sell with bid or current price directly instantly .
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March 11, 2017, 11:27:00 AM
 #35

How anonymous does bitcoin stay when cashing out like this?

it is very anonymous, visit the site for more information, but I recommend it, use Chrome to translate when needed
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March 11, 2017, 11:48:15 AM
Last edit: March 11, 2017, 12:21:59 PM by STT
 #36

The
Goldmoney allow you to deposit BTC for gold, of course you'll get virtual gold instead of virtual Fiat currency, but they do offer a debit card you can use to make purchases with.

The bitcoin deposit allows the purchase of gold but you cannot then use it via a debit card.   They only allow normal fiat purchase of gold to be tied to a debit card.    Im not sure if they allow withdrawal in pure gold, I hope so but you'd need to buy a fair bit

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March 11, 2017, 04:19:22 PM
 #37

How anonymous does bitcoin stay when cashing out like this?

it is very anonymous, visit the site for more information, but I recommend it, use Chrome to translate when needed
I guess it's not, when you want to cash out these days it needs your personal information like exchanges does before you can cash out your Bitcoin to fiat, if you are using this exchanges especially local exchanges in your country makes it easier to withdraw. And btw what website you want to say?
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March 11, 2017, 04:19:46 PM
 #38

Localbitcoins, but always bring a counterfeit detector if your wish is to convert your bitcoins into cash!
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March 11, 2017, 10:42:05 PM
 #39

Localbitcoins, but always bring a counterfeit detector if your wish is to convert your bitcoins into cash!
This.  If you want physical cash you have to be really careful about a scam at all stages - use LocalBitcoins and:

-Check seller feedback and make sure that they are reputable.

-Meet in a public place to keep yourself safe.

-Check carefully for counterfeit money.  If the seller is genuine they should not be offended by this.
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March 12, 2017, 05:46:11 AM
 #40

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.

I also prefer coins.ph because I live in Philippines. It easy to use and can transfer the bitcoins thru my bank directly without any difficulties. Though the verification is still a pain which is vital on verifying the account, it is still one of the best out there.



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