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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8100 times)
Shreek
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October 04, 2017, 07:19:32 AM
 #261

there are many ways to do it ,, what i know is through wallet then vip bitcoin ,, and then we can take it at every ATM ,,

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October 04, 2017, 07:21:34 AM
 #262

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 country which is philippines we have an online website exchanger named Coins.ph. We can directly convert our bitcoin wallet funds into fiat. We can choose to claim in a remittance center with service fees or directly to our bank account. Also we can claim without any fees using a cardless atm.

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October 04, 2017, 07:25:05 AM
 #263

For indonesian service I use https://triv.co.id/aff/578da3715f0ce, it needs only few minutes to my ATM card. If you are not Indonesian you can withdraw your bitcoin to paypal then send to your bank account. I sometimes fill my paypal to shop with my bitcoin.
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October 04, 2017, 08:48:28 AM
 #264

I only use local cryptocurrency exchange (bitcoin.co.id) since they can withdraw to various local banks and the verification is very easy/fast compared with popular/international exchange such as Bitfinex or Coinbase.
But as far as i know, many local exchange service in various country offer instant buy/sell bitcoin with unfair rate/hidden fees. I think that's the easiest option.

If i can't withdraw my bitcoin, i would use my bitcoin instead Roll Eyes

I also do the same thing as you, I just use local exchange of cryptocurrency (bitcoin.co.id), the process is very easy compared to popular / international exchange like Bitfinex or Coinbase.

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October 04, 2017, 09:14:46 AM
 #265

For me personally, in my country there is already a website for bitcoin wallet that provides transactions between bitcoin and local currency. And bitcoin that i sell will go straight into the bang account i own through the website, and so far it's completely safely without any fraud or hackers.

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October 04, 2017, 10:07:59 AM
 #266

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?

yeah, many country are not totally available this withdrawing bitcoin, so they are suffering a hard time to transfer their bitcoin on some money transfer just to exchange and to withdraw it their bitcoin into fiat money, but here at my country, they are all available and its easy to us to use this bitcoin then exchanges it to our fiat money because our bitcoin wallet provider are offers a many features to be easy to us (citizen) to use bitcoin whenever/wherever we need to used.
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October 04, 2017, 10:12:25 AM
 #267

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 country which is philippines we have an online website exchanger named Coins.ph. We can directly convert our bitcoin wallet funds into fiat. We can choose to claim in a remittance center with service fees or directly to our bank account. Also we can claim without any fees using a cardless atm.

Aside from coins.ph there is also a site called buybitcoin.ph and that is how we Filipinos exchange our bitcoin into our fiat currency. The withdrawal was fast and you can convert your bitcoins into peso within the set scheduled and so far there was no delay. But if you dont have a local btc to fiat exchange that would be troublesome since you need to find other means to convert your bitcoin into cash.

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October 04, 2017, 10:35:08 AM
 #268

I am using zebpay which is best in india right now,
Just send amount of bitcoin to zebpay account address than simply convert it into fiat currency and withdraw it to bank directly. Simple process.

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October 04, 2017, 11:00:54 AM
 #269

in my country we have local cryptocurrency exchange to convert bitcoin to local currency since they can withdraw to various local banks and the verification is very easy.  as far as i know, local exchange service in various country offer different ways of verification and looks hard
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October 04, 2017, 11:10:44 AM
 #270

you must be willing to pay more fees  Undecided
simple for me to withdraw bitcoin just from my bitcoin wallet to exchanger to fiat money.
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October 04, 2017, 11:33:08 AM
 #271

For now, I really don't earn big amount of bitcoins but it is somehow still helpful for me being a student and only depend on my parents. When I am earning bitcoins, I convert it first to our currency and then I can withdraw it to the ATM machines that support cardless withdrawal.

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October 04, 2017, 11:34:23 AM
 #272

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 country which is philippines we have an online website exchanger named Coins.ph. We can directly convert our bitcoin wallet funds into fiat. We can choose to claim in a remittance center with service fees or directly to our bank account. Also we can claim without any fees using a cardless atm.

Yeah I'm using coins.ph too and so far I haven't encounter any problems or delay with them. It's convenient to use but I haven't tried using cardless atm from security bank because I've read comments in their official page that some are having problems. And aside from coins.ph I think we also have ABRA wherein you can cash out via tambunting. Haven't tried it though. But I've seen others who are opting to transfer from coins.ph to abra because of account suspension and other complaints thus giving them a nickname such as "bitbitcoins.ph"

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October 04, 2017, 11:41:12 AM
 #273

I changed my Bitcoin to cash , with an intermediary trading exchange site, even though it cost a fortune, but very fast process.



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October 04, 2017, 11:43:32 AM
 #274

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?
After I have receive the bitcoin from my Online wallet which is Coins.ph. I just click the cash out button and after that I will received a pin code and numbers that I have to type in ATM. Thats it.

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October 04, 2017, 11:50:24 AM
 #275

in my country we have local cryptocurrency exchange to convert bitcoin to local currency since they can withdraw to various local banks and the verification is very easy.  as far as i know, local exchange service in various country offer different ways of verification and looks hard
The verification is not hard if you are official citizen of the country, you have all the documents that's needed for the verification, they only thing you need to do is to take a photo of them, and upload it to your local exchange.
Some people maybe get bothered by the complication of verifying in their local exchange, but rest assured, it's for the safety of users.

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October 04, 2017, 11:55:18 AM
 #276

i normally use zebpay website to withdraw my bitcoins in indian banks or we can use localbitcoins
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October 04, 2017, 12:05:44 PM
 #277

I use the Xapo card. I am happy with everything. Very comfortably. I have been using it for about two and a half years. sometimes I use virtual exchangers.
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October 04, 2017, 12:23:44 PM
 #278

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 am using a wallet, an exchanger bitcoin wallet named Coins. There is a panel there where you can cash out your bitcoins into fiats. They offer a wide variety to send and accept your money, either banks, cash pick ups and others.

Me too. I use coins.ph . But I haven't tried to withdraw yet. 

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October 04, 2017, 12:34:55 PM
 #279

I have a local wallet which i store my bitcoins and it is very easy to convert from bitcoin into cash or vice versa because it has a real time rate for bitcoin which is a really big help for me and because of that local wallet, i can withdraw my bitcoins easily and without any problem but after the year of 2017, i will not withdraw my bitcoins anymore because i will hold them for a year.
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October 04, 2017, 03:07:15 PM
 #280

in my country we have local cryptocurrency exchange to convert bitcoin to local currency since they can withdraw to various local banks and the verification is very easy.  as far as i know, local exchange service in various country offer different ways of verification and looks hard
The verification is not hard if you are official citizen of the country, you have all the documents that's needed for the verification, they only thing you need to do is to take a photo of them, and upload it to your local exchange.
Some people maybe get bothered by the complication of verifying in their local exchange, but rest assured, it's for the safety of users.
Yes, to improve the security and ease of bitcoin exchange users with local money, service providers offer an offer for users to feel comfortable and secure by preparing original documents and self-portraits, to prevent unwanted things from people who want a crime.
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