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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8100 times)
felipe04
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October 14, 2017, 05:32:11 PM
 #421

Here in philippines we have exchanger in our own money so try to search in your country if you dont have try in perpect money theres also a converter for dollar then do it little by little for your safety because if you dont know a lot from anything what you doing you can be made mistake so better to study it first for the safe of your money
StonedWolf
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October 15, 2017, 03:28:59 PM
 #422

Usually I sell the bitcoins needed for my business for a person who want to buy bitcoin. Otherwise in case I do not find anyone who want to buy I just perform the simplest process that is turn them into euro and spend them in whatever I want.

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October 16, 2017, 09:00:11 AM
 #423

In my country, we have created a community for Buying and selling Bitcoin. Some of Bitcoin trader are created this community. And we also exchange Bitcoin with Skrill or Neteller. And then we withdraw the money form our local bank.
YATOGOD666
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October 16, 2017, 09:07:22 AM
 #424

Apologies for the noob questions guys but what about in Australia.
Having trouble as I have been asked for various ID.
Bren Briones
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October 16, 2017, 09:19:53 AM
 #425

Hi there how are you? Smiley

Same with others, I am just new in doing bitcoins. Even though I am just new here, I just want to share what I know. With regards to eithdrawing bitcoin and converting it into cash, first you needed to ttransfer your bitcoin (if it is in thr other account, wallet). Like me, in the Phillippines, we use coins.ph. If bitcoin is in the wallet, I will then convert it into Phillippine Peso (php), then it can be transacted for widthrawals.

sevendust777
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October 16, 2017, 09:30:36 AM
 #426

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 local exchanges here in our country from which you can withdraw your bitcoin into fiat. There are certain amount or limit that you can withdraw everyday depending on what level are your limits in which you can apply to increase your daily withdrawal. We can withdraw from this exchange directly to our banks, remittances, atm's etc.

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darefreads
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October 16, 2017, 09:45:28 AM
 #427

In my country I used to claim my bitcoin to cash is an app this is coin.ph through that way it is easy to get no hassle in withdrawing it. and sometimes I used to buy loads or online game stuffs and also paying bills such as electric bill. So my time is good as I make an outdoor activities.
rarkenin
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October 16, 2017, 09:47:57 AM
 #428

I mainly use exchange and over the counter options. Exchange fees are high but it worth to cashout bitcoin during 1 hour. Maybe in future i will purchase debit card for better experience.
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October 16, 2017, 10:00:30 AM
 #429

I am using our local exchanger , I sell Bitcoin into our local fiat money than I withdraw directly to my bank account , within a few minutes is already in my account.
edynolan
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October 16, 2017, 10:23:22 AM
 #430

we have our country-made site that is easy to exchange bitcoin to altcoin and our currency, it is very helpful so if in place you can not do that make sure you think to open it because there will be profit for you
wilwxk
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October 16, 2017, 10:55:39 AM
 #431

I use a ATM when i can and the exchange when the ATM is broken or i have to withdraw big volumes, because i dont like the way that the exchanges of my countrie uses to confirm if im a trusted people and the taxs of use (tax to deposit, to exchange, to withdraw...).
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October 16, 2017, 11:01:23 AM
 #432

In my country, I use coins.ph as my wallet and this wallet is legit.I can withdraw through remittances in different pawnshop that is available in my Place. but in other Place They use blockchain as wallet it has features of the way how to withdraw btc to FIAT. but the best way is withdrawing to Online. Payza, paypal aso useful.
xebecstyx
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October 16, 2017, 11:03:51 AM
 #433

As I have read, there are some banks where you can directly cash out or plainly withdraw your bitcoins equivalent to its market value or a little lower. However, for others, they trade them up on trading platforms before they encash the coins, so they can get a bigger value for it. It actually depends on which country you are in and the availability of banks where you can exchange them into cash.
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October 16, 2017, 11:29:02 AM
 #434

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?

What I do is first i transfer all my coins from my wallet to any online wallet app which supports bitcoins, in our country we use coinsph but I'm sure there are lots of ways to withdraw your money if or just buy online goods so that you can also save money from service charges that these coinbase apps offers.

reck1ess
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October 16, 2017, 11:39:48 AM
 #435

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?


Here in our country which is Philippines, we use a wallet
 called coins.ph and it is very useful since you can easily
convert btc to Philippine peso and send it either to your
bank account or via money exchangers. Even you dont
 have bank accounts

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October 16, 2017, 11:42:20 AM
 #436

In our country Philippines, there is an android app called coins that can be use to withdraw money into many ways. This app have bitcoin address to that's why we can deposit our bitcoin here and can convert it into our own currency which is PHP. I am waiting for the app paycent too to be used in our country. Today I downloaded the paycent app but in our country its not supported. Its like coins app I think.

youok
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October 16, 2017, 11:47:09 AM
 #437

Doing withdrawal bitcoin to cash money is one of the things that is waited by me. there are several ways that I do to withdraw the bitcoin to cash money as the following:

1. I use wallet blockchain. I save the bitcoin in blockchain then I sell it to local exchanger.
2. I do buying and selling bitcoin transactions in the market after I get a lot of profit, I will withdraw it to a local bank account.
this is the way that I do to withdraw the bitcoin to cash money.  Wink

Blackwhite69
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October 16, 2017, 11:50:26 AM
 #438

I have a plastic bitcoin debit card from cryptopay.me and I can use that to easily cashout bitcoin to my local fiat with any nearby ATM but I am not doing that too often. Most of the time I sell my bitcoins directly to Nepali buyers through social media and personal contact. There is no any official exchange platform for bitcoin here and legal status of bitcoin/crypto is confusing, so no any international trading platform allows us to buy/sell bitcoin.

Much different in my country that has not been supported by the existence of such technology.  Smiley
camelson
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October 16, 2017, 11:54:48 AM
 #439

Every country have an exchange through which you can withdraw your bitcoin to native currency. I withdraw my bitcoin through local bitcoins. You have to send your bitcoin to the address given and then you send the bitcoin to the person who is giving you the local currency.
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October 16, 2017, 12:03:08 PM
 #440

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 always use my local exchange whenever i want to withdraw my bitcoin into cash, the price is really good, sometimes above the price at other exchange and the fee is low. They are also fast in processing the withdrawal as long as it's still working hour.

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