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Author Topic: How do you guys withdraw your bitcoins to cash?  (Read 8095 times)
khaled0111
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October 16, 2017, 12:11:12 PM
 #441

Many members here use exchangers since it's the easiest way to withdraw money and sometimes it's the only way to do so.
The majority of banks don't accept bitcoin deposits witch is a stupid thing in my opinion looking to the huge amount of money that can be transferred.
Fees payed to exchangers are too high and you have to withdraw a big amount to cover these fees witch is an annoying fact we face every day.

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romeitaly
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October 16, 2017, 12:33:26 PM
 #442

In my case, we have this local wallet which called coins.ph, and there we can store our bitcoins and local money, and we can convert them whenever and wherever we want. We have this cardless withdrawal and we just need to process the transaction online in order for us to get our desired amount. It is easy to use and anyone can also use it.

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stevano
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October 16, 2017, 12:48:15 PM
 #443

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?


if I am, it is quite easy way of withdrawal because in my country there is an exchange that accept direct bitcopin sale into local currency, so in this case very easy for me, because besides that we can also buy mobile phone and electric token.
FrueGreads
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October 16, 2017, 01:00:35 PM
 #444

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 think there are a lot of ways to do it. Some get more expensive than others, and some are probably more safe than others, you will have to decide that for yourself. I did it a few times with neteller, but I think their fees are to high (1% for the bitcoin transaction) and then you need to check your fees for a bank transfer, since their vary from country to country. I usually just hold my coins now, but I'm considering get a crypto card, since there are many options out there, and they seem quite reliable right now.

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Ayush rana
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October 16, 2017, 01:36:07 PM
 #445

I sell my coins through 3rd party agents which gives me fair price and then send that money to my bank account.
There are many wallets and website which help us to sell our bitcoins in right price easily.

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