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Author Topic: Converting into hard cash  (Read 811 times)
rizabbasi (OP)
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September 18, 2017, 06:55:04 AM
 #1

Hi,

I am new in this. I want to know how to convert cryptocurrency into the hard cash in US$? I live outside USA but have a bank account in US. Is it possible to put money in my bank account through some exchange or any other mechanism.

Thanking you in anticipation.

Regards,

Rizwan

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September 18, 2017, 11:09:23 AM
 #2

I'm not sure about the US but in the UK we have ATM machines that you can exchange Bitcoins for cash right there and then.
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September 18, 2017, 06:15:16 PM
 #3

Check out coinbase : https://support.coinbase.com/customer/portal/articles/1148716-payment-methods-for-us-customers as you have US bank account so you can withdraw your funds easily
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September 18, 2017, 08:58:21 PM
 #4

There should be places where people can exchange their bitcoin for hard cash !
We dont have enough ATM machines here in this country to withdraw some money, eventually I dont want the government to even get a few cents of my hard earned bitcoin !

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September 18, 2017, 08:59:44 PM
 #5

There are some services like Centra, Monaco and some other that offer or will offer in the very near future the option to withdraw the cryptocurrenices into hard cash from ATM or POS.

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September 18, 2017, 09:26:07 PM
 #6

There are some services like Centra, Monaco and some other that offer or will offer in the very near future the option to withdraw the cryptocurrenices into hard cash from ATM or POS.

I think you can already withdraw hard cash for some cryptocurrencies in ATM machines. Check the Xapo wallet, I believe they have a card for that.

Can't remember, but there are more.

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September 19, 2017, 02:55:53 AM
 #7

I'm not sure about the US but in the UK we have ATM machines that you can exchange Bitcoins for cash right there and then.

Wow! Is this for real, mate? I used to hear about ATMs where you can reload your Bitcoin wallet, or something like that. I haven't heard of ATM machines from which one can actually withdraw cash. That sounds very cool.  Cool How I wish that kind of innovation will reach my country too.
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September 19, 2017, 05:25:17 AM
 #8

Withdraw in poloniex non verfied account limit 2000 usd daily.

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joshuajones02
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September 19, 2017, 05:26:58 AM
 #9

Withdraw in poloniex non verfied account limit 2000 usd daily.

you need to setup a tether.to account though

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goku19
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September 19, 2017, 05:28:16 AM
 #10

I would recommend localbitcoins,because you will surely found many from your locations wanting to buy the bitcoins,and poloniex is also an option for you.
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September 19, 2017, 12:10:37 PM
 #11

Hope this will come to Germany in the near future too...
But as we don't even have fast Internet everywhere as of right now, it doesn't look good...
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September 19, 2017, 12:19:15 PM
 #12

Localbitcoins is the easiest and traditional way to exchange your cryptocurrency into cash or buy crypto coins back.
Just create a sell bitcoins advertisement,choose payment method and write your terms as a free message.
I am sure you will meet a good local trader.
rizabbasi (OP)
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September 19, 2017, 12:27:02 PM
 #13

Hi thanks  Smiley

Isn't there a exchange from where I can get US$s against cryptocurrency (different types like ETH, ZEC, Dash etc.)?

Is Poloniex meant for thispurpose?

Regards,

Rizwan

 

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September 19, 2017, 04:43:53 PM
 #14

Wherever you are on the Planet if you use localbitcoin you are going to find someone who will exchange your bitcoin for cash vice-versa.

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September 19, 2017, 06:19:30 PM
 #15

Hi,

I am new in this. I want to know how to convert cryptocurrency into the hard cash in US$? I live outside USA but have a bank account in US. Is it possible to put money in my bank account through some exchange or any other mechanism.

Thanking you in anticipation.

Regards,

Rizwan

There is multiple online exchanges to convert your bitcoins in to cash. If you have altcoins means please convert it as BTC or ETH before exchanging it as fiat cash. I suggest you try localbitcoins.com to exchange your bitcoin into cash, you will be able to get the traders information as whitepaper and you will be able to get the better price than you find in Google price chart.

 
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September 19, 2017, 09:17:35 PM
 #16

Hope this will come to Germany in the near future too...
But as we don't even have fast Internet everywhere as of right now, it doesn't look good...
But Austria has. I think, there are local exchangers, who offer cashout to euro. You also could use https://www.bitpanda.com/, that buys and sells cryptocurrencies. Have not tried it out yet, but users seem to have good experiences, what I read.
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September 20, 2017, 02:55:16 AM
 #17

localbitcoins are the best way, just be sure to do it in a public area
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September 20, 2017, 11:32:02 AM
 #18

I think some website that you storing your bitcoin or what we could bitcoin wallet have bank partners or any remaitance that your bitcoin can converting into hard cash because here in philippines we use coins.ph so that we can convert our bitcoin to philippine money. I think theres another term of coins.ph to help you to convert you coins. I hope this message help you.
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September 20, 2017, 11:01:54 PM
 #19

I'm not sure about the US but in the UK we have ATM machines that you can exchange Bitcoins for cash right there and then.

Wow! Is this for real, mate? I used to hear about ATMs where you can reload your Bitcoin wallet, or something like that. I haven't heard of ATM machines from which one can actually withdraw cash. That sounds very cool.  Cool How I wish that kind of innovation will reach my country too.

we have this in australia! very limited number of machines, 90% of them are buying btc only but there are a couple that you can cash btc out of, i think its fantastic Cheesy very good for needing money in an emergency

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September 21, 2017, 05:26:24 AM
 #20

first enter in mew. keep selling the coin. it will be purchased with US $. if for disbursement can be anywhere bro. not necessarily in united states . because it can be redeemed US $ currency with the currency of the country where we are now.
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