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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8167 times)
emberbekas
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August 30, 2017, 04:37:38 PM
 #161

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?

There are some exchanger here in my country hence it is so easy for me to convert my bitcoin into my local currency, then send it to my local bank account. There are only two steps involved when I wanted to withdraw my btc to fiat.

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August 30, 2017, 04:38:05 PM
 #162

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?
Isn't the things you did was confusing mate? here in my place I encash my bitcoin through converting it www.rebit.ph where they're gonna send it to me in my name thru remittance outlet, something like that.
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August 30, 2017, 04:40:33 PM
 #163

We use online wallet like coins.ph. This mobile app is also an exchanger that can convert btc to php. We can transfer our money to every bank affiliated with them. Also with the use of this app we can pay bills, transfer money peer to peer, and the most convenient is to load your own prepaid sim.

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August 30, 2017, 05:59:18 PM
 #164

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?

The same service from coinbase isn't available in my country too but good thing that we have a local wallet service provider here called coins.ph where you can withdraw your bitcoin to cash using different cash-options including cash-out thru remittance outlets, banks, cash cards, cardless withdrawal and many more but I often use cardless withdrawal as it is good even if you don't have a bank account and also it doesn't require a charge for any transaction .
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August 30, 2017, 06:55:01 PM
 #165

There are many trusted exchanges to turn Bitcoin to fiat. Also these exchanges offer many options to get paid.

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August 30, 2017, 07:36:05 PM
 #166

In my country there is a popular forum where selling and buying of bitcoin takes place, there a buyer and a seller bargains and after reaching agreement a reputable escrow will be involved thereafter the seller transfers equivalent amount of money worth of the bitcoin the buyer while the buyer also sent the coin the seller. Although there are exchangers too but they pay less for bitcoin.

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August 30, 2017, 07:42:39 PM
 #167

some times i get my bitcoin with my visa card and i can buy with my bitcoin any items i want frome the inernet u can also sell ur bitcoin in some web site which buy and sell bitcoin
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August 31, 2017, 01:55:21 AM
 #168

I use an app called coins.ph which is really popular here in my country. It has several ways to cash out my bitcoin namely at banks, remittance centers or even have it delivered to you by a delivery express. You can even purchase load for your mobile phone and pay electric bills with it.

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August 31, 2017, 02:11:31 AM
 #169

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?

Coinbase withdraw and trading is also not available in my country and I hope sooner it will be.  For the mean time I am withdrawing my money though coins.ph. But I don't use it always since I limit what I cashout. I am more of holding.
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August 31, 2017, 03:01:50 AM
 #170

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 to cash by remitance center or pawnshop. That's what is common to those who introduce me to bitcoin and that's just what i follow to be safe because it's tested already.
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August 31, 2017, 03:26:20 AM
 #171

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?
In my situation, i store my bitcoin on my electrum wallet then transfer it to online wallet/exchange , specifically coins.ph, even if it costs too much in transfer fees and from that online exchange wallet i transfer it to many options like transferring to local banks and other options ( which i have never yet been tried.)
i think it is safer option too because coins.ph can lock an account if used on gambling, as for me i do not know who will send coins on my account therefore it is better for me to sacrifice pricey transaction fee rather than to locked my account.
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August 31, 2017, 04:08:41 AM
 #172

Im here in philippines so i used coins.ph.and un this wallet can cash out in bank and some remittances.but i am more.prefer to cash it out in my bank so that no hassle.no need to ho outside to calim its directly deposited to my bank.

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August 31, 2017, 04:15:19 AM
 #173

Well my country supports bank withdrawals but the problem is i dont have any bank accounts and i dont trust banks to store my money but there is another feature that the bitcoin exchanger that i use have it is a method to cash out from remittance store.
The problem is i need to verify my account to be able to cash out because thr site that supports withdrawal into my fiat currency has a lot of rules and regulations they demand your personal information in order for you to get verified and to be able to cash out. So i cash out my money through my friends account.

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August 31, 2017, 04:19:58 AM
 #174

I did withdraw my bitcoins before with virwox and I'm sending it to my PayPal account. After receiving it then that's the time that I'm sending it to my bank account, it takes time and I thought before it's the best. But right now in my country there's a good exchange that everyone is using and this is very convenient to all of us.

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August 31, 2017, 04:23:31 AM
 #175

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 don't know what country you are from, bro. But here in my country there are several local wallets where one can withdraw bitcoin although not directly to a bank account. There might be some other local wallets offering such services but as for me I can only withdraw by way of an ATM machine although the transaction is cardless. The flow would BTC converted into fiat and then withdraw hard money.

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August 31, 2017, 04:33:03 AM
 #176

hopefully in your country available service withdraw bitcoon directly to your account. maybe in your country bitcoin has not really been so popular that banks. still in doubt with bitcoin. maybe if in your country bitcoin popular then banks will see that opportunity. and will provide the service withdraw bitcoin to the bank. if my country dilutes bitcoin very easily. enough with a smartphone and a bitcoin wallet in a smartphone .. I can directly melt the bitcoin into a bank account .. it does not take long .. it takes a maximum of 1 day to see some money coming into your account

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August 31, 2017, 04:45:03 AM
 #177

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 wouldn't recommend using coin base or other wallets that have direct sell options since they are usually quite overpriced. The price between buying and selling Bitcoin on them varies around 500$.

Would recommend using Localbitcoins, and cashing out via bank transfer or cash deposit with trusted sellers.

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August 31, 2017, 04:59:02 AM
 #178

In the Philippines cashing out fiat from btc can only be done using coins.ph wallet where you can choose a lot of different method. Coinbase is working here for jjst storing btc and eth and not for trading and cashing out. Apparntly I think there is a new available wallet that has been a potential competitor of coins.ph but still it is under sone development for the meantime.
Anyway has anyone herw tried using wirex?

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August 31, 2017, 01:50:45 PM
 #179

over here in my country INDIA i use third party wallets like unocoin,zebpay and localbitcoin etc.. to convert my bitcoin into cash
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August 31, 2017, 02:01:57 PM
 #180

what is your country? im indonesian and its easy to withdraw bitcoin into my back account, there are many exchanger to change my bitcoin or my virtual money like paypal, payza into money to back account with low fee, the fee is 1% from amount and minimal fee is 1,8$ its very simple and run automatic so we dont need send directly to owner or costumer services

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