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Author Topic: best way to cashout bitcoin  (Read 668 times)
cryptoproject (OP)
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June 20, 2017, 05:24:17 PM
 #1

hi,

what is the best way to cashout bitcoin at maximum rate?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 20, 2017, 05:28:36 PM
 #2

hi,

what is the best way to cashout bitcoin at maximum rate?

If you want the maximum rate, then it has to be an exchange with the highest price and lowest fees. You can also opt for something like lbtc for paypal, which should pay you a higher amount. But that comes with risks as paypal can be charged back.
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June 20, 2017, 05:35:34 PM
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Try to find out any one here on forum who is reputable person and see if he requires btc. So in a way if you go first or use escrow still if the deal is of right price you can save the time on going to site and waiting for your withdrawal to happen., Here on forum its will be instant.
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June 20, 2017, 05:40:15 PM
 #4

hi,

what is the best way to cashout bitcoin at maximum rate?

Finding exchanges that will fit your criteria of maximum rate will have a hard time finding it. First you must list all exchanges that is convenient to you meaning you can cashout there anytime you want and your place is supported. Then after that compare their selling rates and fees applied to your preferred withdrawal payment.

Then that's it choose the best one now.

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bouren
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June 20, 2017, 05:49:37 PM
 #5

hi,

what is the best way to cashout bitcoin at maximum rate?

It depends upon which country you reside. For me, its quite easy to cashout bitcoins directly to my bank account for fees of almost 1-1.5%. Which is quite affordable. There are several trading companies in India allowing cashout for meager charges.
So best place to sell btc is local companies.
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June 20, 2017, 06:02:04 PM
 #6

hi,

what is the best way to cashout bitcoin at maximum rate?

It depends upon which country you reside. For me, its quite easy to cashout bitcoins directly to my bank account for fees of almost 1-1.5%. Which is quite affordable. There are several trading companies in India allowing cashout for meager charges.
So best place to sell btc is local companies.
In my country too it's quite easy to cash out so far your bank account does not have restriction and the amount to cash out does not exceed the maximum for an individual without explanantion. So in my own case as a form of advise depending on the amount to be cash out, I would do it bit by bit because I don't have the energy to start giving explanations to someone who probably might have heard about bitcoin but does not know how it works.
The Sceptical Chymist
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June 20, 2017, 06:06:16 PM
 #7

hi,

what is the best way to cashout bitcoin at maximum rate?

If you want the maximum rate, then it has to be an exchange with the highest price and lowest fees. You can also opt for something like lbtc for paypal, which should pay you a higher amount. But that comes with risks as paypal can be charged back.
First part of that is derp.  Second part is sound advice.  It's really too bad Circle isn't still in the bitcoin business,  because they were great. 

I say either spend it or do it legitimately on an exchange like kraken or coinbase.  Failing that, find a really trusted member here and do PayPal or some other method.  It can be done but there's tons of risk.

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June 20, 2017, 06:10:22 PM
 #8

I do not know if it has a competitive rate, but I use an app named chip-chap to cash my btc to halcash and withdraw the money in an atm near my home. I find it is one of the best ways if you really want to "cashout" (i.e. get "cash" from them). It is done without requiering personal data.

There are sites that make you a transfer to your bank account, but then you need to cashout when the transfer arrives.

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June 20, 2017, 06:32:27 PM
 #9

Like other said its really hard to find a maximum rate to cashout your bitcoin..
Because here in my country we have a limitation of cashing out bitcoin here in my country but its a large limit if your account is fully verified.
Anyway let me ask if where do you live because other said its depends country because there are some country have limitation .
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