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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8100 times)
Drnice
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October 09, 2017, 01:31:06 PM
 #341

I have not used or come across mush exchange sites, but the one I normally use is localbitcoins.com, it's fast, secure, and easy to use. The payments are made directly to your bank account.
yohan09
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October 09, 2017, 01:37:07 PM
 #342

I used coins.ph app. In the menu there are panel's where to convert btc to local currency, Its very simple to use, every time i have good payouts, I used to convert it right away and spend my money for my primary needs.
jyotianand01
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October 09, 2017, 01:44:19 PM
 #343

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?

It depends on the residence of your country and their ruling about BTC. If your country approve BTC conversion then you can do it directly anywhere and if your country not allowed it then you have to try other ways like payza and other online exchanges who convert BTC to paypal etc.


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PizzaBTC
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October 09, 2017, 02:04:08 PM
 #344

There are many ways on how to withdraw your bitcoins into cash. Some bitcoin user withdraw bitcoin in there co response  wallet it depend how the bitcoin price is high or low. When you convert your bitcoin to fiat.
It often depends on what is the current rate of bitcoin and especially what is transaction fee. Because I heard from more people here than if they would have loss in bitcoins, that come only when they are going to convert bitcoin to fiat because of such high fees. But sure there are so many good ways to just minimize your fee.
iyan33
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October 09, 2017, 02:08:29 PM
 #345

for now all I can do to convert bitcoin into my fiat currency is still through localbitcoin and so far have never experienced any problems either when buying bitcoin or swapping it into fiat currency.
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October 09, 2017, 02:20:19 PM
 #346

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?

friend how exchange from payza to payoneer

ritsel02
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October 09, 2017, 02:43:31 PM
 #347

Through the use of online wallet we call it coin.ph in our country we can withdraw our bitcoins. It works with most major banks,padala centers like (Cebuana,LBC and M Lhuiller), as well as 7-eleven and Gcash.
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October 09, 2017, 02:44:30 PM
 #348

send back to exchanges and sell it for usd and withdraw to my bank account
stompix
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October 09, 2017, 02:45:57 PM
 #349

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?

Lucky are those Filipinos like me, we have an online wallet available in our country that has a variety of cash in and cash out options. And we are not suffering from many converting fee on sites like you. Also asides from converting fiat to bitcoin, we can pay bills, buy game credits, and buy mobile recharges from it. I think that is the best platform that i had so far. I hope this post must become a wake up call on someone to develop their own​ good platform in their country like on our​ country has.

You are so lucky until your luck will run out.
And at that point you, like thousands before will understand that web wallets are just like banks.
Bitcoins deposited there are your only if the guys that owns the website are willing to give it to you.
The site might get "hacked" or the government might seize the servers and at that point you will finally understand why bitcoin was created , so that you can be your own bank

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jonatuzc
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October 10, 2017, 08:15:56 AM
 #350

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?

well, in my country Coinbase are available but not all features of coinbase. Basically, when I got Bitcoin through Coinbase I sell it to those people who are Buy & sell various kind of dollars such as Bitcoin,Netller,Payza etc & by selling $ I got cash.
Unfortunately in our country there is ban on bitcoins. You can’t do any transaction that involved bitcoins. So it is really difficult for us to manage. We have to change our accounts and then somehow we manage to get as fiat directly. But hope so, our government is working on it and hope so in neat future we will be using bitcoin ATMs.
neya
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October 10, 2017, 08:26:11 AM
 #351

Here in my country the only wallet i know is the coins.ph which i use to withraw my bitcoins into cash.its so easy to withraw.but muat be careful to big ammount because they hold ur money if u withraw big amount.

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Scorpion
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October 10, 2017, 09:01:24 AM
 #352


I use Coinbase, it's so easy and it goes straight to my bank. I know people feel uneasy about funds be tracked but I don't mind paying all of the fees and taxes and I am already blessed with the amount I have made so I just do it this way.

nethan1btc
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October 10, 2017, 09:15:00 AM
 #353


I use Coinbase, it's so easy and it goes straight to my bank. I know people feel uneasy about funds be tracked but I don't mind paying all of the fees and taxes and I am already blessed with the amount I have made so I just do it this way.
Here in the Philippines, I am using coins.ph to withdraw my bitcoins. It automatically convert my bitcoins into cash and gives a lot of option to withdraw on different outlet like cebuana Lhuillier,Security bank , Gcash and many more. Plus it has a lot of services it can give to its member, it's really makes easier and gives you opportunity to earn a lot.
smartbitcoininvestor
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October 10, 2017, 09:21:45 AM
 #354

For the most part, I use Coinbase and Poloniex to withdraw to my bank account. Really, I prefer to use Coinbase in conjunction with PayPal to receive my funds since I can receive it within 1 day.

Otherwise, I will just use Local Bitcoins to trade locally with people in cash.
learner 7
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October 11, 2017, 08:39:39 AM
 #355

I use the exchangers of which a lot in my country I change for cash with a withdrawal to the card.
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October 11, 2017, 12:27:37 PM
 #356

I convert it to cash and I use a trusted exchanger to transfer it to my credit card by just paying a small percentage of deduction based on the amount that I want to transfer.
jonnytracker
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October 11, 2017, 12:35:37 PM
 #357

This bank withdraw service is getting richer than any of us.. high withdraw fees
shone08
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October 11, 2017, 12:52:43 PM
 #358

In my country there's a 2 local exchange site that you can convert your bitcoin into cash and then you can withdraw the cash in some bank & remittance center plus there's a lot of extra feature in this exchange site like buy a load paying bills and many more its easy to use and 100% legit
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October 11, 2017, 01:08:22 PM
 #359

For the most part, I use Coinbase and Poloniex to withdraw to my bank account. Really, I prefer to use Coinbase in conjunction with PayPal to receive my funds since I can receive it within 1 day.

Otherwise, I will just use Local Bitcoins to trade locally with people in cash.
- It's great when coinbase support your country, in my country, it does not support the problem of buying and selling bitcoin, that makes converting bitcoin into cash very difficult. Although my country also has some sites that buy and sell bitcoin but the fees can be said to be very high, sometimes the transaction is delayed for hours, it is very inconvenient, so I rarely buy and sell bitcoin online, normally I post sell bitcoin on the facebook group and ask to meet face to face, it makes me feel safer.


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October 12, 2017, 10:23:05 AM
 #360

I convert it to cash and I use a trusted exchanger to transfer it to my credit card by just paying a small percentage of deduction based on the amount that I want to transfer.

Can you share links to exchangers you trust? Thanks.

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