How do you guys withdraw your bitcoins to cash?

[maiden]

i used an app exclusive in our county it is named as coins.ph and we can use it to convert bitcoin to cash and withdraw it to different banks, atm machine, door to door, and a lot more. its an easy way for us to get our money.

[Ararbermas]

I think it depends on your wallet if what is available for withdrawal .as of now im using coin.ph i like this wallet cause its to simple to use . So many option where i can withdraw my bitcoin to cash  . But usually i withdraw bitcoin in security bank cause no further procces so easy and fast. .

[francesyrus]

I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

I withdraw my bitcoins to cash by means of remittance. First my bitcoins needs to be withdrawn on my coins.ph btc wallet, one of the Philippines exchanger sites. And next is to be cash out on bank or any remittance center available.

[ocid]

If bitcoin is still rarely known in my country, it is very difficult to exchange bitcoin into local currency that I use, but over time when bitcoin is increasingly used in my country, it appears that a company that manages sites such as btc exchange with local currency I use. Until now after the advent of bitcoin exchange sites, I believe on bitcoin local sites can make it easier for bitcoin users who want to sell their bitcoins directly to local currency and can easily transfer via bank account used.

[CyNotes]

I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

I withdraw my bitcoin in pawn institution or money remittances in my country. These remittances are officially accepted the bitcoin but the confirmation to withdraw takes almost a day and the processing fees were very expensive.

[toknormal]

The best way to use bitcoin is to have a bitcoin backed debit card. That way you have bitcoin for store of value but are able to 'spend' it in fiat-denominated merchants.

This is the optimal configuration.

[PCBTCx]

Mine is much more difficult, since I can't use almost any exchange. I use either direct peer to peer trades in public places or use Western Union, which is, despite being more expensive in fees still allows me to get the money quicker considering how many branches are there for them.

[sumangs]

We could withdraw cash by using our local bitcoin wallet. In the local wallet, you will get a permission to withdraw a specific amount of bitcoin in cash to the remittance center we wish to get the cash. Then after getting permission. you can get the cash. The amount depends on the level of your verification in the local bitcoin wallet.

[Pursuer]

The best way to use bitcoin is to have a bitcoin backed debit card. That way you have bitcoin for store of value but are able to 'spend' it in fiat-denominated merchants.

This is the optimal configuration.

not when there are fees involved. the back breaking fees actually
I'd rather spend my cash or use the regular debit cards that I have (which don't have any additional fees in my country) or spend bitcoin directly rather than using a third party, trusting them with my bitcoins without having control over the private keys and pay them high fees to use my own bitcoin!

we created bitcoin to no longer need banks and services like this not to go back to them with bitcoin!

[RomanPetrush]

I'm interested about the taxes, cause you can't just send 1 billion to your bank acc. as you have to pay taxes on your income. It's interesting, as the government want money as well

[Angroys]

i prefer to just to transfer to merchants that accept bitcoin, than hard cash. cause i don't feel the need to withdraw cash.

[NEUROSEED]

various means of payment, wallets, ARMs, trader platforms, paypal

[traderethereum]

finding recommended seller in localbitcoin is also a good advice because in that site, we can found seller which have the same city with us. sometimes when i want to withdraw my bitcoin, i also used their service and for me, their service is fast and not waiting too long. so maybe if you can find recommended seller, you can trying to withdraw too like me.

[Wildwest]

I normally deposit my bitcoin into local exchanger and convert it to cash. In my country the exchanger just like another exchanger who can trade any coin but only a few coins listed there.

[wellsontheja]

There's are several ways to do that, but i will not said the all ways i will say what ways i usually do.
Usually i sell that into the bitcoin market which provide onside bitcoin to cash or your local curreny
Like me sell my btc to idr by VIP market (Local bitcoin market at my country)
Or if you don't know which market provide bitcoin exchange to your currency you can find it on bestchange.com
So that's ways i use

[denetci]

also in turkey, i sent my btc in turkish exchanges like paribu, or btcturk, i sell btc in that exchange and sent the turkish lira to my bank account,

[DainSLane]

I know that for some of you, you can withdraw it directly to your bank account using wallets like coinbase but this feature is not available for many countries.
Since its not available in my country too I always withdraw my bitcoins from my address to payza then from payza to payoneer (by using exchangers).

How do you guys withdraw your btc?

I withdraw through my local wallet the only disadvantage of that wallet is i need to verify my i.d and give other info about me but it is the only wallet that people use here in my country because the transaction are fast and easy in just a wait for a few minutes and i can now go to remittance center to get my money.

[ged00u]

I have a buyer who always buys and sells bitcoin instantly. I trust him because I have made many transactions with him. And he sends me the money after my transactions get 1 confirmation. usually everything  takes less than 5 minutes

[perfect999]

i never withdraw bitcoins in cash, because i'm newbie in bitcoin. maybe end of year i can be like you withdraw bitcoins to cash.

Let me tel you a secret my friend, it will make you more rich than the persons who are selling out now. But lets suppose if you prove to ba an unluck persons and things didn't go the way you expected, don't get in chaos. Stay patient and give BtCs some time. It will definitely surpass previous highest prices.

[Hexah]

I withdraw it by sending it to my friends bitcoin wallet because I can't withdraw it on my wallet it needs to be verified yet to withdraw and that's the problem in my bitcoin wallet it is no yet verified hopefully by next month it will be verified so that I can use it and I don't have to bother my friend just to withdraw my bitcoins into cash. And if my bitcoin wallet be verified I will just use it to transfer in my bank account so there's no hassle to withdraw it via ATM.