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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8101 times)
phr0stbyt3
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September 02, 2017, 09:52:57 PM
 #201

I use tether it is a stable coin who's price remains around 1$ you can add funds to it from your bank and even withdraw funds to your bank they do require lot of verification process like selfie with id , your id , your address verification but it is worth they only take 20$ fees for all deposits and withdrawals for me withdrawals get's processed in 3 days max
emezh10
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September 02, 2017, 10:01:04 PM
 #202

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 case here in our country, we have been using a certain wallet account in which we have a free converter of bitcoin to our national currency in which we can have it cash out only into a specific bank and some business franchise that offers bitcoin operation service so that we can turn our virtual money into fiat. They are just going to send a 16 digit code into our mobile number and 4 digit e-cash code for verification that we are the only one knowing how and where to cash out our own money.
rebel92
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September 02, 2017, 10:48:47 PM
 #203

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?

You can use Bitcoin Debit Card of any famous wallet have it to withraw cash from ATM Cash Mashines, Online Shopping, in stires, restaurants or anywhere else in the world that accepts VISA as a payment method.
the rise
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September 02, 2017, 11:02:50 PM
 #204

my country has one crypto exchanges market that has office and licensing rights, i'm not too hard to connect bitcoin with fiat every day and it's helpful even though my government's attitude has not legalized bitcoin, besides there are some local exchange that only connect from website with transaction rate balanced to convert to a conventional bank.

Mcdacillo
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September 03, 2017, 01:42:04 AM
 #205

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?
My classmates withdraw only in security banks or the ATM's machine. If your coins is not verified, they just send it to my other classmates and tell them to withdraw.

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September 03, 2017, 02:04:51 AM
 #206

Thanks Neteller and Skrill.
Here in Tunisia, no way to convert bitcoin to local currency neither to any other currency and it's getting harder when Skrill and Neteller cards don't work anymore in local ATMs. So the only ways now is converting them to dollar then recieving funds in Payoneer account then using ATM for withdraw but with a high cost fees. Or, using Neteller/Skrill account to convert and send them to another account which the its owner will pay for the transfer in cash. Of course this is very limited that no more than 1500 euro per month for each account and the funds converted from bitcoin are not allowed to be received from ATMs.
unneros
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September 03, 2017, 02:56:59 AM
 #207

i use a third person transaction ! First i send to that guy who i trusted then another guy in a middle will confirm our transaction ! therefore the fees will decrease and my money when i cash out will be what i want ! i also sell bitcoin on a online website in my local country ! It's kind a media bank coin - very trustable ! sometimes i buy paypal cards and steam cards then sell back those to someone needs ! That's all my transaction
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September 03, 2017, 03:03:05 AM
 #208

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?

You can use Bitcoin Debit Card of any famous wallet have it to withraw cash from ATM Cash Mashines, Online Shopping, in stires, restaurants or anywhere else in the world that accepts VISA as a payment method.


Currently, I use XAPO card to withdraw cash from ATMs, and it is very convenient. In my country, there are a couple of reputed exchanges to withdraw cash directly to my bank account, but it takes a couple of days to get the cash, so I prefer XAPO card to withdraw my money. They got some charges, but for me, it is very convenient.

Zemangat
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September 03, 2017, 03:07:31 AM
 #209

in my country pulling bitcoin into cash is very easy. just need wallet online in mobile .. you can melt bitcoin directly to your bank. does not take long .. 1 hour fastest to see your account contains money from bitcoin. maybe in your country bitcoin not too popular so some banks are still hesitant to cooperate with bitcoin.
lighpulsar07
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September 03, 2017, 04:07:29 AM
 #210

Well in my country, there is a cryptoexchange/wallet first and only one in country and it was the easiest way to cashout for me just submit an identity verification and done you can cashout your cash directly to the bank account or get the moneh in remittance.
Mame
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September 03, 2017, 04:12:10 AM
 #211

It is very easy and convenient to withdraw your cash in bitcoin you just have to have a wallet online then it'll be then transfered to your bank where you can withdraw your cash.it depends on your account that you can withdraw your xmcash through your atm.

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CryptoGFX
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September 03, 2017, 05:08:13 AM
 #212

I used to convert my btc for fiat via 2-way atm, but now using an exchange site that's linked with my bank account. There's are a few fees when moving funds, but it's still more convenient than making the trip to a 2way atm.
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September 03, 2017, 12:56:23 PM
 #213

I'm using an exchange that deals in € and has an account in the same bank that i'm using. This means that their fiat transactions are going straight from their account to mine in a matter of minutes. It usually takes less than 2 hours from the moment I request the money to when they appear on my bank account. Fast, safe and convenient.
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September 03, 2017, 01:00:38 PM
 #214

I am using my BTC credit card to cash out the BTC sometimes when needed to do so, i don't cash out regulary, because i'm holding and investing some amounts online too
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September 03, 2017, 06:17:15 PM
 #215

Whenever i have sold bitcoin, i used localbitcoins and i normally accept payment via paypal or direct bank deposit.  Although i must say, here in the UK there are many ways in which you can sell/convert your bitcoin into cash.  From selling directly or using exchanges and trading platforms which are linked to bank accounts for instant withdrawal.  Its pretty straight forward.
Youghoor
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September 03, 2017, 06:19:29 PM
 #216

I think that the best option to do that is using a bitcoin debit card... When i just wanna withdraw some money i just go to a normal atm and just withdraw, the only issue that i have with that is that i pay more than $12 on fees (atm & debit card fees)
or i just go to a store and buy whatever i need, i only have to pay 3% in fees if i withdraw by this way.
mastadonballs
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September 03, 2017, 06:34:12 PM
 #217

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?

You can use Bitcoin Debit Card of any famous wallet have it to withraw cash from ATM Cash Mashines, Online Shopping, in stires, restaurants or anywhere else in the world that accepts VISA as a payment method.

Or if in your country support withdraw Bitcoin to cash via scan QR on Bitcoin ATM, you also can use your smartphone for cash out if you store your Bitcoin in online wallet like blockchain.info or coinbase.com Smiley
TooDumbForBitcoin
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September 03, 2017, 06:36:09 PM
 #218

Whenever i have sold bitcoin, i used localbitcoins and i normally accept payment via paypal or direct bank deposit.  Although i must say, here in the UK there are many ways in which you can sell/convert your bitcoin into cash.  From selling directly or using exchanges and trading platforms which are linked to bank accounts for instant withdrawal.  Its pretty straight forward.

+1 for localbitcoins. Also paxful can be used https://paxful.com/en/sell-bitcoin but paypal, credit/debit card etc transactions can be refunded. Not best option for transactions with bitcoin



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doomloop
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September 04, 2017, 12:46:18 AM
 #219

Well in my country, there is a cryptoexchange/wallet first and only one in country and it was the easiest way to cashout for me just submit an identity verification and done you can cashout your cash directly to the bank account or get the moneh in remittance.
well I think it depends on the use that how we use and how we have planned to deal with it. It also depends on your wallet what you have to withdraw as now I am using coin.ph I like to use it because it is very simple and convenient to use where it is very easy to withdraw your bitcoin a lot of people use security bank to cash the coin because it is also very easy and fast to use.

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September 04, 2017, 01:44:53 AM
 #220

here in the Philippines we only have one trusted bitcoin wallet which is coins.ph, by using that wallet I withdraw my bitcoin to cash via bank or sometimes money changer such as LBC, and Cebuana(local company). this makes much easier much convenient to use.
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