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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8100 times)
Rj Manik
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October 12, 2017, 07:56:27 PM
 #381

Although my country still does not have the validity of Bitcoin, But we are using Bitcoin.Since we can not cash in Bitcoin directly from the bank, So we do wallet transactions in the wallet.There are many mobile banks in our country.If some of us need bitcoin, Then we give money to the mobile bank or to the bank.Then Bitcoin gives it to wallet.
Mayora143
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October 13, 2017, 05:32:28 AM
 #382

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 have known of a bitcoin address that is connected to the currency of our country, it is actually very easy since it can even give load from bitcoin as payment. It can also give online payments rather than having to withdraw it and pay physically, it even has payback which gives a percentage of payments and some rewards. I can actually open a loading business with just my bitcoin wallet and get bitcoins as the investment and i can get payouts from customers without exchanging my bitcoin to money but to load for customers.
serjent05
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October 13, 2017, 05:54:30 AM
 #383

I withdraw my bitcoin through 3rd party site exhanging it to fiat currency and sending it to my name through remittances.  I have not tried to deal with person to person trading because I am after the ease of transaction and do not want to trouble myself with dealings and price offer adjustment.  It is convinient to use a third party processor since I can just pick up the money from any remittance center every time I covert my bitcoin to cash.

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Anita1873
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October 13, 2017, 05:59:19 AM
 #384

It depends on every country rules. In my country, we can transfer it to our bank through Payza, Zebpay, Unocoin and Coinsecure legally but we have to pay taxes on our profits not principle.  Every country has its own rules regarding crypto currency and we have to follow the rules.

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baybeelucas
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October 13, 2017, 06:05:36 AM
 #385

I withdrew the bitcoins selling them on coinbase and it linked to xfers. Xfers is linked to my personal bank account so it takes about 7 working days if I am not wrong? Adding $5 can do xpress to get the money by 2 working days
cyberChevan
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October 13, 2017, 06:39:35 AM
 #386

Here in the Philippines we have an exchange called coins.ph and we have multiple options to encash our btc. There is the bank transfer option that caters to almost all banks present here in our country. They also offer encashment via remittance centers wherein we can send cash to our families or other person. And then there's cardless ATM withdrawal. They even offer prepaid loading and bills payment in the app.
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October 13, 2017, 06:44:27 AM
 #387

Here in the Philippines we have an exchange called coins.ph and we have multiple options to encash our btc. There is the bank transfer option that caters to almost all banks present here in our country. They also offer encashment via remittance centers wherein we can send cash to our families or other person. And then there's cardless ATM withdrawal. They even offer prepaid loading and bills payment in the app.



Really wished we have this here in my country(Nigeria), it would have really been great!
bhabygrim
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October 13, 2017, 06:45:56 AM
 #388

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 I just use my wallet, and that is coins.ph, in there they already have a cash withdrawal feature. The feature allows me to withdraw in a bank without any charge. However, my wallet is only available in my country, so you also have to look which wallet is good in your country. Smiley

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niisarearning
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October 13, 2017, 06:52:47 AM
 #389

I am using local bitcoin app or website exchanges for withdrawing but recent trend showing way much lesser price while converting to local currency than actual usd value . I am thinking to go for payza and get it in usd  then will convert to local currency.
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October 13, 2017, 06:53:41 AM
 #390

I personally use LocalBitcoins, although you can try to use an exchange like Bittrex.
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October 13, 2017, 08:46:41 AM
 #391

There's so many ways to withdraw your bitcoin to cash, but it's depend where your country is. Here in the Philippines i'm using now called Coins.ph it's easy to convert bitcoin to cash and also easy to withdraw to the bank without any charge. And also you can buy a load and pay a bill using that apps.

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October 13, 2017, 08:57:07 AM
 #392

There are a lot of ways to withdraw you bitcoins to cash. What i do is i first put all my coins together in 1 wallet then all change them to Bitcoin after that i use a website to send all my coins to my bank account.
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October 13, 2017, 08:59:44 AM
 #393

I'm not withdrawing any for now. The government is cracking down exchanges  Embarrassed (Thanks to the exchanges, they cleared the user data from server) so I'm just buying different coins and tokens and holding the rest of BTC.

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October 13, 2017, 09:05:20 AM
 #394

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 is someone who accept buy and sell bitcoins in my country here and he has a facebook page. When I want to cashout my bitcoins, I can easily contact him on facebook and send my bitcoins into his wallet. Wait until 3 confirmations and he will send the money into my bank account.
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October 13, 2017, 11:13:47 AM
 #395

I use local exchange that is in my country to withdraw bitcoin to cash, the way is very easy, i just need to fill the application for withdraw the existing balance in my wallet, then confirmation via email, and finished, it only takes more or less one day, and the cash already transferred to my bank account
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October 13, 2017, 11:21:18 AM
 #396

Please help meGuys!

anyone use the Payeer card on Paypal UK ?, are there any withdrawal issues? like internal error server or work 100%

thank you!
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October 13, 2017, 12:26:17 PM
 #397

I don't because I don't need to I just spend bitcoin straight. For everything else there is localbitcoins. Great site and very safe. I like that the traders are all from my local country in my local currency. I hope one day to not have any need to exchange to anything else but Bitcoin. That will be a great day and truelly the future if Bitcoin.

I use local exchange that is in my country to withdraw bitcoin to cash, the way is very easy, i just need to fill the application for withdraw the existing balance in my wallet, then confirmation via email, and finished, it only takes more or less one day, and the cash already transferred to my bank account

Which local exchange? Please explain how this works?

AjithBtc
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October 13, 2017, 12:30:06 PM
 #398

I use local exchange that is in my country to withdraw bitcoin to cash, the way is very easy, i just need to fill the application for withdraw the existing balance in my wallet, then confirmation via email, and finished, it only takes more or less one day, and the cash already transferred to my bank account
This is something a new service. I haven't come across such a service. I would like to know from which country you are from, and majority of the users prefer exchange websites for cashing out. Localbitcoins have been used much for the withdrawal purpose.

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October 13, 2017, 12:30:31 PM
 #399

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?
For example here in the Philippines, coinbase is not also available here in our country, we have here what we called coins.ph. It is a wallet where you can store your bitcoin as well as your money. You can convert here your money to bitcoin or vice versa. There are several ways you can do to withdraw your money in the nearest money exchange.
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October 13, 2017, 12:42:53 PM
 #400

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?


We have a company here in our country which is similar to coinbase. It is very convenient for us to have this company in our country. They have features like wallets, like in coinbase and what is unique here is we also have a wallet for our local currency. It is very useful when using the fluctuation of bitcoin price as a profiting medium. Fees are also acceptable and the customer service have their own account in bitcointalk org which is so great when having trouble you can easily ask them.
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