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Author Topic: How Do You Cashout BitCoins?  (Read 3624 times)
imteaz (OP)
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October 20, 2017, 04:53:18 PM
 #1

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

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October 20, 2017, 06:54:41 PM
 #2

Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.

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October 20, 2017, 07:10:33 PM
 #3

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Some exchanges dont have cashout to convert for a dollar  or  euro currency. You have to send your bitcoin first to an external wallet like like blockchain,info wallet. You can sell your bitcoin at https://localbitcoins.com/ and it will be directly send to your preferred bank or in a remmitance center.

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October 20, 2017, 07:26:40 PM
 #4

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
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October 20, 2017, 07:28:08 PM
 #5

In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes Smiley

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October 20, 2017, 07:28:37 PM
 #6

Yes Bitcoin is being too much used on almost all the exchanges. Now when I was new to Bitcoin and have no bank account I use to transfer all my coins to my local trader which I have found from local Bitcoin site and since then I used him for trades. So now I have got a bank account and so he sends my Bitcoin directly to my bank account.
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October 20, 2017, 07:33:56 PM
 #7

Coinbase is where it's at, you just have to be fine with going through the KYC and other sort of government sanctioned regulations where you're going to have to give up some of your personal information so there is privacy concerns with that. I know that others have other methods such as using Paxful, Local Bitcoins and so on and so forth but I'd rather have issues with privacy rather then pay disgusting fees that are just going to take SO MUCH MONEY.

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October 20, 2017, 07:37:12 PM
 #8

Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.

The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.
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October 20, 2017, 07:43:32 PM
 #9

Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.

The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.


Yes but be careful when you meet to trade in person. There have robbery cases before.
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October 20, 2017, 07:45:17 PM
Last edit: October 20, 2017, 10:28:15 PM by setifien19
 #10

I don't know which exchange do you use but I think yobit supports this transfer and withdraw money (usd , euro , ruble...) I remember I deposited and withdrawed many times using ruble with payeer  bank , also I read somewhere Bittrex supports this option too .
PS : log in to your exchange account and go to wallet (you find a list of currencies BTC USD EURO ETH...) and two signs for each currency (+ for deposit ) and (-for cash out)
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October 20, 2017, 07:48:04 PM
 #11

Hi imteaz,

I would take a look at the beginner section of the forum.  It can provide a lot of good information that you might find helpful. 

To answer your question, you need some sort of exchange if you will, like coinbase that will pay for the coins you have into USD.  Lots of exchanges out there you just have to find the one you want.
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October 20, 2017, 07:50:42 PM
 #12

Usually, when I need to convert my bitcoins into fiat, I do it through a real life meeting.
Why? because there are 0 fees, and because it is the most anonymous way of converting virtual currency into fiat.

The only risk while doing it is that you can't know who are you going to meet, and this person could just scam you, or treat you.
If you are looking for a zero fee transaction that could be your pick.


This works good for small amounts but larger amounts and were talking money laundering laws being broken.

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October 20, 2017, 07:51:43 PM
 #13

I used the exchanges to convert the Bitcoin to USD and then withdraw USD. most of the exchanges can be converted to USD

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October 20, 2017, 07:51:57 PM
 #14

There are other exchanges which do the converting for you. Coinbase, Gemini, Bitpanda, Bitstamp are just a few which you can sell your bitcoins and they can pay you in fiat money through bank transfer or different payment processors, like Paypal,Skrill,Neteller etc.

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October 20, 2017, 07:55:55 PM
 #15

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

You can transfer your coins to localbitcoins and sell there, which the payments will be sent directly to your bank account, which you will provide. It is very fast and easy to use.
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October 20, 2017, 07:57:32 PM
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I do cash out my bitcoin through the help of the local bitcoin wallet in my country. I usually used rebit bitcoin wallet this online bitcoin wallet allows me to send money and buy bitcoin or alt coin.
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October 20, 2017, 10:07:12 PM
 #17

There are other exchanges which do the converting for you. Coinbase, Gemini, Bitpanda, Bitstamp are just a few which you can sell your bitcoins and they can pay you in fiat money through bank transfer or different payment processors, like Paypal,Skrill,Neteller etc.
When you send your fiat to your bank account, try a smaller amount first, some banks in the EU are starting to stop transfers coming from Crypto exchanges, and sending back it to the exchange. You can search for the name of your bank in the forum to check if there were any problems when others were wiring back funds from exchanges.
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October 20, 2017, 10:16:10 PM
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Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I'm a trader and I do convert my bitcoins to usdt when I feel the price drop. There is option to convert your bitcoins to usdt on most exchanges which convert your bitcoins to equal US dollar price and you can buy bitcoins back with that money but most exchange require verification if you cashout fiat money so convert your fiat money to bitcoin and sell it on localbitcoins if you don't want to go through verification process. 
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October 20, 2017, 10:19:56 PM
 #19

Since beginning I am using localbitcoins for selling my bitcoins as I find it very easy, convenient and safest way to sell my bitcoins and get fiat money transferred to my bank account in no time as the traders are very genuine with high trust rating and localbitcoin involves escrow services so there is no room for getting scammed.
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October 20, 2017, 10:23:09 PM
 #20

frankly speaking I buy bitcoin now and invest in tokens.
but every moment I can sell using exchangers with are much in every countries. some exchanges offer to get money by cash.

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October 20, 2017, 10:23:21 PM
 #21

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Well we can easily convert btc into fiat thru our wallet. We havea nice bitcoin wallet here in our country which you can use to transfer fund easily, pay bills online and specially convert btc easily anytime, anywhere.
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October 20, 2017, 10:31:57 PM
 #22

Since you're talking about selling bitcoins when trading and on exchanges, then you surely don't need to totally cashout to fiat.

On each of the exchanges that you're referring to, you'll find a coin called USDT. This coin has a value of $1. And it can be traded with bitcoins. Since it has a stable price, most traders use it to cash in and out of bitcoins.
For example, right now the price of bitcoins hit $6000 which is the highest it's ever been. What did I do ? I went in and sold all my btc for usdt.

This is basically exactly the same as selling it for fiat BUT you still have it in a crypto form which means it's so easy to buy in btc again if its price drops once again. Check the exchange you're using and you'll find a BTC/USDT pair.

If you want to totally cash out, I suggest ignoring all online payment processors like paypal or whatever as they can be reversed and they aren't the safest option and I don't with anything except the safe. You should find a trader in your local town and finish the deal by cash hand to hand. Other than that, I won't go for it.
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October 20, 2017, 10:41:33 PM
 #23

Hi! Here in Philippines we have a nice bitcoin wallet that you are able to convert your bitcoin to Php. easily and deposite it to your bank account that are accepting bitcoin.

I'm new here in world of cryptocurrency and I use coins.ph wallet to stored bitcoin and to pay bills and cashout to convert bitcoin to piat money easily. I just send my bitcoin to my bank account so its easy to withdrawn using ATM card.








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October 20, 2017, 11:08:20 PM
 #24

First, i try to save the maximum possible of coins, then i contact one of my friends who need to buy euros, then o convert the bitcoin to euro then i send the sum through neteller. If the operation is made correctly, i take my money hand to hand.
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October 20, 2017, 11:17:55 PM
 #25

Hi! Here in Philippines we have a nice bitcoin wallet that you are able to convert your bitcoin to Php. easily and deposite it to your bank account that are accepting bitcoin.

I'm new here in world of cryptocurrency and I use coins.ph wallet to stored bitcoin and to pay bills and cashout to convert bitcoin to piat money easily. I just send my bitcoin to my bank account so its easy to withdrawn using ATM card.


Hellow were thesame country here I also used coins.ph wallet it easy to convert php money your bitcoin. I also new here in bitcoin society wich is cryptocurrency based.
After we converted the bitcoin to our local currency we go to the bank, we transact by using ATM machine without using ATM card.





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October 21, 2017, 01:30:29 AM
 #26

Coinbase is where it's at, you just have to be fine with going through the KYC and other sort of government sanctioned regulations where you're going to have to give up some of your personal information so there is privacy concerns with that. I know that others have other methods such as using Paxful, Local Bitcoins and so on and so forth but I'd rather have issues with privacy rather then pay disgusting fees that are just going to take SO MUCH MONEY.

COINBASE FTW!
First we must register your bitcoin wallet address.some sites accepting online transaction. If you buy some product. We should pay bitcoin. Another way is localBitcoins and BitQuick are easy to sell a bitcoin in online. But we only decide to sell a bitcoin. localBitcoins schedule the rate of Bitcoin. This rate is reasonable to sell a bitcoin. We should accept that and it will directly deposited in bank account.

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Always verify wallet to store your Bitcoin
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October 21, 2017, 02:25:33 AM
 #27

Well im using coins.ph to cashout my bitcoin to money.
Actually it is easy to use coins.ph and early to receive your money.
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October 21, 2017, 03:48:06 AM
 #28

With the use of our local bitcoin wallet app, it allows us to convert our bitcoin into local currency. The app has local exchange partners, they allow us to get the cash through door to door delivery, cash pick up or bank transfer. It was made easy because you can get the money in the nearest pawnshop available. There will be little amount of transaction fee, but its not too bad for a fast transaction.
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October 21, 2017, 03:55:07 AM
 #29

I use a trusted exchanger that exists, although the rate is often different from the latest price but I'm happy because the transaction is done in seconds and money can we receive in the bank account.


OOOBTC.com




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October 21, 2017, 03:58:50 AM
 #30

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
With the help of our local bitcoin wallet application, it allows people to convert their bitcoin into local currency or physical money. The application or specifically the coins.ph wallet has a local exchange partners then they allow people to get the cash through cash pick up or in a bank transfer or remittance center. It was made easy to get the money in the nearest pawnshop available.
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October 21, 2017, 04:04:34 AM
 #31

Here in India we have two big wallets zebpay and unocoin. One can easily get direct bank withdrawls after selling your bitcoins on these platforms. What is more interesting is that these wallets have a bit higher price of bitcoin that it is in market. So its quite profitable too.
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October 21, 2017, 04:07:18 AM
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The quickest and most painless method is via a bitcoin/eth denominated (I use the Shift card, courtesy of Coinbase). You can withdraw up to 300 USD equivalent a day, but if you use cashback, you can use the card's 1000 USD daily limit instead as cash. This is a PITA; you will visit at least 4 or 5 stores minimum to complete this task. So for bigger money, you are best off using an exchange that allow direct deposit to fiat (most real ones) or use LBC. LBC is cool up to the reporting requirements; after that, you will have to explain to someone what the hell you are doing with all that cash;)
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October 21, 2017, 04:24:26 AM
 #33

Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.
In our country in which bitcoin is not so popular and many do not know yet about bitcoin, there is still sites that can transact bitcoins, there you can purchase and receive and send bitcoins and that is through coins.ph. This site can receive and send bitcoins and then there you can pay bills and send money to your love ones.
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October 21, 2017, 04:27:15 AM
 #34

In my country we cash out bitcoin through our wallet which we can encash through banks or the famous seven eleven  Wink
I personally I perfer not to encash my bitcoin I am investing it with bitcon also and checking my BTC from time to time and bitcon dont fail me because my bitcoin is increasing everytime I check it. That why I dont cashout my BTC,it is really my investment for my future.

But in case of emergecy it is very easy here to encash your bitcoin through banks.

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October 21, 2017, 04:58:24 AM
 #35

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Weird, how did you do BTC deposits for trading without going to local exchange? anyways, saw your sig, Find any local exchange that accepts bitcoin, it varies for each location and country you live, just withdraw BTC from trading exchanges going to local exchange.

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October 21, 2017, 05:03:31 AM
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You can cashout through services like bitwala and bitpanda, wallets like Xapo, Bitcoin ATM and many exchangers, all depending on your resident. But first do a research of taxes on Bitcoin in your country.
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October 21, 2017, 08:10:46 AM
 #37

if you want to sale your coins, there are a lot of exchanges where you can sale them and withdraw USD. but you should hold on them - Bitcoin is a good investment.
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October 21, 2017, 08:20:25 AM
 #38

I cash out bitcoins from a site called local bitcoins where you have to send bitcoins tto the localbitcoins wallet of yours and you need to sell there in the market place.
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October 21, 2017, 08:23:04 AM
 #39

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Weird, how did you do BTC deposits for trading without going to local exchange? anyways, saw your sig, Find any local exchange that accepts bitcoin, it varies for each location and country you live, just withdraw BTC from trading exchanges going to local exchange.



You need to transfer the bitcoin from your default wallet to exchange wallet. Some of the wallet like localbitcoins.com expects the deposit fees to transfer the bitcoin to their site. That is what I mean here. If expects the bitcoin to be changed as a fiat currency you need to the exchange site or exchanger you know can give a fiat for your bitcoins. Traders will set the trading value according to their profit range.

 
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October 21, 2017, 08:36:51 AM
 #40

It depends on what wallet application coinbase or website that you are using some of them will support to cash out to fiat like in the Philippines the application is called coinsph that can easily convert btc to php fiat and choose some choices to pick up your money, i hope some of the applications like this can be implement to make the convenience in btc transaction more easier than transferring it to another exchange that take some time and satoshi.

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October 21, 2017, 08:47:05 AM
 #41

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
You can try visiting local trading sites like localbitcoins.com you just have to create a sell order and once a buyer accepts your offer the payment will be directly deposited in your bank account or you can try selling it here in bitcointalk but only transact with trusted members and use an escrow. Here in my country the easiest way to convert bitcoin to cash is through coins.ph unlike localbitcoins.com you don't have to wait for buyers and you have lots of option to make a withdraw in cash (through banks, ATM, remittance, or door to door delivery). I don't know if this service is available in your country since you didn't stated your location.
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October 21, 2017, 09:19:17 AM
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I cash out my bitcoin in our local bitcoin wallet exchange first i convert in our local currency then withdraw local fiat money then buy on what we like to buy in our country
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October 21, 2017, 09:54:11 AM
 #43

coinbase to my credit card
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October 21, 2017, 10:14:23 AM
 #44

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
While cashing out from bitcoin to altcoins, you can do it using any exchanges but seems you want to ask how converted usd can be cashed out to specific bank account?
If i am not wrong, here are very few platforms that can allow you to do so and the trusted one i am using since beginning is Coinbase.com.
From there, you can deposit or withdraw usd using bank account.

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October 21, 2017, 10:16:13 AM
 #45

what tax rate is applied in US when you cashout your bitcoins?

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October 21, 2017, 10:19:53 AM
 #46

It depends on what wallet application coinbase or website that you are using some of them will support to cash out to fiat like in the Philippines the application is called coinsph that can easily convert btc to php fiat and choose some choices to pick up your money, i hope some of the applications like this can be implement to make the convenience in btc transaction more easier than transferring it to another exchange that take some time and satoshi.
My workmate can simply cash out his bitcoin using coins.ph with hassle. It is really convenient to use.
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October 21, 2017, 10:31:10 AM
 #47

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Actually there are tricks as to how to deposit dollars and withdraw dollars from any exchanges. But there are processes that is needed to be done especially that there is no direct method of withdrawal or depositing btc in an exchange. Your dollar will pass through a third party before it enters or exit the exchanges.

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October 21, 2017, 10:31:42 AM
 #48

Good question.
Personally I exchange bitcoins to dollars using both wallets, Blockchain and Luno. My experience using both wallets was never a problem in the exchange process. So I suggest you to use Blockchain or Luno wallet
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October 21, 2017, 10:37:07 AM
 #49

Well in our country, You can simply cash out your btc through downloading php coins wallet, there are already menu's on that wallet where you could encash you btc, just simply follow the directions in the menu and everything will happen as easy in an instant.
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October 21, 2017, 10:43:24 AM
 #50

bitcoin is a crypto currency and it is easily changeable to any other currency. i am using just simple method of converting bitcoin to my desire currency through exchanges in which there is no problem and taxes are also very low.
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October 21, 2017, 10:57:16 AM
 #51

Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.
Really, Kraken and Bitstamp? I don't have an idea they do fiat exchange for coins. I will check them up. And OP, it isn't true that all exchanges use Bitcoin mandatorily for deposit. Some exchanges do accept ethereum for deposit.

Of course OP, localbitcoin is a veritable source of exchange for crypto to fiat but the processes are not that as fast as it would've been doing it on a trading exchange.

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October 21, 2017, 10:58:46 AM
 #52

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
You can try visiting local trading sites like localbitcoins.com you just have to create a sell order and once a buyer accepts your offer the payment will be directly deposited in your bank account or you can try selling it here in bitcointalk but only transact with trusted members and use an escrow. Here in my country the easiest way to convert bitcoin to cash is through coins.ph unlike localbitcoins.com you don't have to wait for buyers and you have lots of option to make a withdraw in cash (through banks, ATM, remittance, or door to door delivery). I don't know if this service is available in your country since you didn't stated your location.
For now banks and ATM's are the most efficient way on withdrawing money, or converting bitcoin/selling bitcoin to cash, it is a big help not only for me but im bitcoin industry. I honestly tried that before, and you should always look for some local exchanges that enables you to convert bitcoin without further hassle, and i think most countries had an offer of that kind of services i guess.
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October 21, 2017, 11:01:58 AM
 #53

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

the best thing that i can do is using localbitcoin or i can tell my friend that i have bitcoin that i want to exchange to fiat. this two way is really help me to cash out my bitcoin in anytime i want. and if you want you can use localbitcoin too to find recommend seller in around your city so you can sell your bitcoin with safe. or you can use local exchanges in your city if it is available.

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October 21, 2017, 11:03:31 AM
 #54

for myself, I exchange bitcoins into my country's currency using local exchange. because some online exchanges do not convert dollar, euro and other currency.

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October 21, 2017, 11:06:43 AM
 #55

I am using an app here in my country which is called Coins.ph, you can cash out on banks or remittances center. This app serves as a bitcoin wallet as well and you can also use it to pay some of your bills or top up your steam wallet or prepaid load.

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October 21, 2017, 11:09:17 AM
 #56

Well that really depends in your location mate for example you are in the US you can use sites that supports cashing out in USD crypto exchanges is only for trading altcoins not fiat so you have to send that altcoin or bitcoin to a site that is in your country and convert it into fiat and withdraw through remittance, bank account, or cashless method. Dont know if your site supports cashless methods but mine does, i believe that sites that supports BTC/BTC is xapo,coinbase and blockchain.

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October 21, 2017, 11:12:19 AM
 #57

I directly use them in gaming purpose by converting them by my wallet using miner by giving some fees
As in gaming , it doesn't matter to be fully extorted

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October 21, 2017, 11:13:43 AM
 #58


I go from HitBTC to Coinbase and into my bank's checking account, all clear cut and easy and I'll have my money within a few days.

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October 21, 2017, 12:08:38 PM
 #59

initially I think before hard fork happens there will be many people who sell their bitcoin and make the price more fall, but all the unexpected me all the people instead do stock btc and make bitcoin prices soar. so thus I also have the opinion that if I also do stock to my btc then it will give big advantage.

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October 21, 2017, 12:13:08 PM
 #60

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I cash out bitcoins through banks, in my wallet, there's a lot of options on how would you want to cash out. You can receive it through remittance, add it to your bank account or withdraw it through a bank. It's convenient because some of the withdrawals has no transaction fee, so it's good to withdraw bitcoin through the wallet that I use.
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October 21, 2017, 12:16:39 PM
 #61

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Here in my country we have a wallet wherein when you need your bitcoins you just request and its automatically converts your bitcoin into our currency.  Through this wallet you can even diretly pay your bills and topup your phone.  This is the only wallet I used since it is trusted by many of us. 
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October 21, 2017, 12:23:13 PM
 #62

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Here in my country we have a wallet wherein when you need your bitcoins you just request and its automatically converts your bitcoin into our currency.  Through this wallet you can even diretly pay your bills and topup your phone.  This is the only wallet I used since it is trusted by many of us. 

Do you hold your bitcoins in an online wallet? That is not a wise thing to do, especially if you have substantial number of bitcoins. The biggest advantage of Bitcoin is its decentralized nature and the fact that you don't have to trust anybody with your money. You are undermining that by using an online wallet.


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October 21, 2017, 12:43:40 PM
 #63

As i know that some exchanges provide withdraw into fiat money like usd or euro.
But you have to verify your account first.

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October 21, 2017, 12:48:28 PM
 #64

Wow so many reply! Thank guys for your advice and recommendation. I use Bittrex for trading, i have verified, but i don't see any option where i can exchange btc to Usd.

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October 21, 2017, 01:19:51 PM
 #65

in my country if i want to exchange my bitcoin into local currencies i use local exchanger to exchange it so, i can contact personally the exchanger and say that i want to sell my bitcoin, the advantage you can ask them realtime, but disadvantage is its all manually that make feel complicated

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October 21, 2017, 01:29:01 PM
 #66

I do cashout via my wallet coins.ph and pick my money at Cebuana Lhuillier (you can choose where you wanna pick up yours. Security bank is better since you pay no fees for this)
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October 21, 2017, 01:31:08 PM
 #67

There are some ways you can follow to cash out bitcoin.
As i know we can cash out through local exchanger in each country. Second, change through marketplace. We can withdraw in marketplace in veryfied account.
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October 21, 2017, 01:39:19 PM
 #68

There are some ways you can follow to cash out bitcoin.
As i know we can cash out through local exchanger in each country. Second, change through marketplace. We can withdraw in marketplace in veryfied account.



I think before you cashout bitcoin you must register your wallet address because some sites are not accepting of what your coins that have right now, so you have to find some site that capable of cashouting your bitcoin into a paper money.
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October 21, 2017, 01:41:13 PM
 #69

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

In the philippines we have this wallet called coins.ph in which we can encash through it but of course we need to trade ir first before we can convert it to our wallet and into cash. But in other counyry I have no idea in which way they cpuld convert it into cash. But I am sure there is the best way.
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October 21, 2017, 01:49:39 PM
 #70

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

In the philippines we have this wallet called coins.ph in which we can encash through it but of course we need to trade ir first before we can convert it to our wallet and into cash. But in other counyry I have no idea in which way they cpuld convert it into cash. But I am sure there is the best way.

You can directly exchange the bitcoin into fiat cash by localbitcoins.com to your bank account instead of having the money to your online wallet. If you change amount pretty countable and according to your transaction limit what you are paying you no need to afford any money to any Government side.
Wallet is the worst option according to me. If you are fine to get the additional cost for the amount you are changing then we may consider it.
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October 21, 2017, 02:00:59 PM
 #71

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Its really an easy stuff to withdraw the coin, all you just have to do is to withdraw your bitcoins to localbitcoins.com and then you can find a buyer who's going to buy your coins from you. Should be all.

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October 21, 2017, 02:25:44 PM
 #72

There are several ways to cash out BTC to USD.

You can use coinbase for converting BTC to USD and withdraw USD to your bank account. You will need to submit identification for verification.

Localbitcoin is a peer to peer exchange where you can transact either by meet up or bank transfer.

A Bitcoin debit card allow you deposit BTC and spend fiat at stores. You can even withdraw fiat at ATM.
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October 21, 2017, 02:33:17 PM
 #73

i rarely "cash=out" from bitcoin. i am in it for the long haul and i even have been keeping my profit in bitcoin. meaning every time i make trade using bitcoin fluctuations or trade altcoins to make profit, i end up having more bitcoin not more fiat. and when bitcoin goes down i buy even more to have more bitcoin.

i believe in much higher prices which means selling at 5k, 6k, 10k is like losing a large amount of money.

but to answer your question, on those rare occasions i sell bitcoin, i sell it to those who want to buy. meaning p2p but not to those who buy and sell, but just are looking to buy so i can get a better deal.

There is a FOMO brewing...
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October 21, 2017, 02:37:13 PM
 #74

You could also see this question as "how do you cash-out cash?".

You could just buy something you were going to buy anyway. That gives you maximum profitability on your bitcoin and superior security online, while helping bitcoin retail adoption. If bitcoin is available broadly we may only rarely buy dollars. This will happen if retailers hear it from you.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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October 21, 2017, 02:38:34 PM
 #75

I'm using Bitstamp.
I withdraw earnings through bank transfer.
I can covert Bitcoin in USD or EUR (I use EUR).
I've read that coversion from BTC to USD is fees free.

"On the Blockchain, no one knows you're a fridge"
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October 21, 2017, 02:40:36 PM
 #76

Couple exhcanges u can just send btc to and they send u USD/EUR or whatever currency ur bank uses
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October 21, 2017, 02:45:59 PM
 #77

There are some ways you can follow to cash out bitcoin.
As i know we can cash out through local exchanger in each country. Second, change through marketplace. We can withdraw in marketplace in veryfied account.



I think before you cashout bitcoin you must register your wallet address because some sites are not accepting of what your coins that have right now, so you have to find some site that capable of cashouting your bitcoin into a paper money.


All the popular exchanges like coinbase are accepting. Localbitcoins is also very good for people who cant use coinbase
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October 21, 2017, 02:49:45 PM
 #78

Best to send your Bitcoins from your exchange account to your wallet. Of course you need to look for a wallet which offers a Bitcoin to Fiat Currency conversion by many ways from depositing the fiat currency to Bank accounts to door-to-door deliveries. I don't know the exact wallet options you have because it varies from country to country but I am for sure you will have one if your country is not strict regarding about cryptocurrencies.
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October 21, 2017, 02:52:42 PM
 #79

In my country there are bitcoin ATMs. So I use the exchange on which it is possible to register my Bank card and easily withdraw dollars or euros from the account. Similarly, I can transfer money there. The status of bitcoin in my country is not yet defined so users of bitcoins do not track. Small transfers to accounts is also not controlled so I don't pay taxes on these amounts.
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October 21, 2017, 03:18:53 PM
 #80

I used Coins.pH to cash out may bitcoin using my BTC address. Cheesy
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October 21, 2017, 03:33:52 PM
 #81

If you are talking about how to cash out the bitcoin you've earned, you might need to use external wallets and it will depend on what country you are in. Try searching for one and then after that transfer your bitcoin to that wallet and find the option that will let you convert that money to USD/etc. For us in the philippines/ asian country, we use coins.ph to convert bitcoin and after that we will go to remittance center to withdraw. I think what popular for western countries are localbitcoins and coinbase. Well goodluck and try searching for some yourself Smiley
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October 21, 2017, 03:48:20 PM
 #82

I'm using an our smartphone application a local exchange wallet where you can trade your btc to your local money and cash it out to most convenient way for you either via Cardless ATM, Bank, Cash Card, Cash Pick-up or Mobile money.
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October 21, 2017, 03:50:03 PM
 #83

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I'm using coins.ph when I want to cash out my bitcoins. It has an option there where you want to get your cash its either on banks, remittance centers or by cardless atm. There is also an option when you want to pay your bills like internet, water and electricity etc., you can also top up load for your cellphone network or even buy game credits.

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October 21, 2017, 04:24:41 PM
 #84

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I mostly use this site local bitcoins.com to convert bitcoins into my currency and cash out it from bank. Its fast and secure there's no chance to got scammed there also I used blockahin wallet they applied low fee.I can easy send and receive bitcoins on it.

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October 21, 2017, 05:13:04 PM
 #85

in our country, we use coins.ph for easy transaction. we receive the bitcoin convert to php(philippine currency) and then cash out to either pawnshops or bank. tho i think coins.ph works only here in our country.
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October 21, 2017, 05:15:38 PM
 #86

My county does not accept bitcoin still now.So we are cashout bitcoin some ways.For example, If you give me cash money mobile bank or bank then i send bitcoin your wallet.There is no other way to cashout bitcoin in my country. Cry Cry
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October 21, 2017, 05:19:27 PM
 #87

Have not done P2P transaction yet and tend to cashout through a atm, plan to get one or two debit cards in the future as other branches of transacting.
P2P is just to risky and I would fear a setup or some one observing the transaction and getting the wrong idea. Rather not explain myself, it would be a spiders web just wrapping tighter with any authorities.
Once had to buy from a atm and had 3 cops watching me in a real intrusive manner, obviously still thinking bitcoin is all about drugs. Got out of that coffee shop quickly.
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October 21, 2017, 05:25:09 PM
 #88

Well, when it comes to trading I keep my holdings in USD or EURO if I have any plans to trade further and if there is no such plan then I go with Localbitcoins to cash out my Bitcoins if there is any need of cash. I haven't tried many sites as I am having a very smooth experience with Localbitcoins and NEVER had any issue so far while cashing out my Bitcoins using their platform.
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October 21, 2017, 05:58:32 PM
 #89

In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes Smiley
Really? Now I thought bitcoin is tax-less.
I directly cash out bitcoin to peso and not using dollar.
So from an exchange site to an external wallet which is in the case if you are in the Philippines, you will use coins.ph because it is the most convenient way and secured way of exchanging btc to peso as well as withdrawing it.
We can withdraw this money through banks and a lot more way
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October 21, 2017, 06:40:44 PM
 #90

I always using exchange for paypal,visa,webmoney,kiwi. For me best decision.
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October 21, 2017, 06:44:08 PM
 #91

In my country this is possible through many exchangers and you can get cash immediately
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October 21, 2017, 06:49:23 PM
 #92

I am using local bitcoin networks as I'm travelling a lot. so wherever I am I'm directly checking local network and getting cash in their local currency
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October 21, 2017, 06:51:28 PM
 #93

there must be some local exchanger in your country or try to looking someone that trusted and can exchange bitcoin to your fiat money. there will be someone like that in every country

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October 21, 2017, 07:07:30 PM
 #94

in our country, we use coins.ph for easy transaction. we receive the bitcoin convert to php(philippine currency) and then cash out to either pawnshops or bank. tho i think coins.ph works only here in our country.
There are many website in your country by which you can exchange bitcoin easily as we are using in our country because now a days people are making there own exchanges in there country which cannot be ban by there country because these exchanges are also decentralized.

IBMINER DONE A GOOD JOB. I learned a lesson from him. He gave me negative trust just because i was dealing with account seller. To buy an account.
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October 21, 2017, 07:30:01 PM
 #95

Bitcoin is not acceptable in our country.I always convert Bitcoin into usd.Then withdraw the money from the bank through the reseller.That's the easy way
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October 21, 2017, 11:47:22 PM
 #96

I simply don't. I believe that Bitcoin value will increase in the next few years to a very high level. I can already pay my bills and order food using bitcoins. However, I can't still buy everything for it. That's why I sell my BTC on localbitcoins or use my local exchange to withdraw money from ATM. It's really convenient and quite fast, it's available 24/7 if there's a working ATM nearby.
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October 22, 2017, 12:23:25 AM
 #97

you can  use Exchange site : You would need to create an account at one of the many exchanges (e.g. kraken, bitstamp, Poloniex, bittrex) and there you would have a new bitcoin wallet to transfer your bitcoin. After your bitcoin have arrived to your new wallet you will be able to sell them and transfer the fiat amount (money/ currency in USD) to your bank account.
you're also use Payout service: There are a few services that will accept bitcoin for fiat (EUR, USD, CNY,...) this means you send them your bitcoin from your wallet of choice and they will transfer the amount (minus a fee 0.5%) to your account (or any other bank account of your choosing e.g.: to your Landlords to pay for rent). This is very easy to use and i have had good experiences with Bitwala, they charge 0.5% and there is no risk of hackers taking your bitcoin. The money was on my account after 1-2 day(s).
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October 22, 2017, 12:26:15 AM
 #98

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

In my country basically there is a mobile app and website that easily convert bitcoin to our local currency, you can also use this to buy stuff online and this is so easy to use and to cash out your money with a small fees.
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October 22, 2017, 12:27:06 AM
 #99

In our country we have a market or whatever you call that platform, where you can buy bitcoin instantly just go to 7/11 stores nationwide then with in minutes you can buy and exchange fiat to BTC same with converting Bitcoin fiat just with 1 click and in seconds. You can also withdraw your money directly to your bank account with no fee. Glad we got it here.

You can buy bitcoin:

7-Eleven stores nationwide (NO verification needed)
Bank deposit
remittance
more..

You can exchange bitcoin to FIAT --> Instantly with just 1 click and in seconds
You can withdraw bitcoin same day --> with in an hour or minutes "Need to convert btc to fiat first"
You can use bitcoin to pay bills and buy online stuff.

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October 22, 2017, 01:06:10 AM
 #100

There are many ways to cashout your bitcoin. I personally transfer some of my bitcoin to neteller every once in a while and i use the card to get the money. I use neteller because paypal is baned in my country for unkonwn reasons. I believe you can transfer the amount you want to cash out to your paypal account and get it out. Or you can transfer them to one of the online bitcoin casinos then transfer it. It really simple.
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October 22, 2017, 01:06:54 AM
 #101

In each country there are different ways to transfer bitcoin in to cash. But in my country is so easy to convert bitcoin in to cash and cash out. because here is a local money changer anywhere connected to the bitcoin wallet. And the good thing about it is you can pay home bills like water bill, electricity bill, internet connection bill, phone load and much more, using bitcoin wallet.
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October 22, 2017, 01:52:53 AM
 #102

I can speak for Philippines market. Here in PH we have companies accepting bitcoins and services that allow you to cash out bitcoins.

One such company here is coins.ph, it is a company that allows you to buy and sell bitcoins. They have a connection with our local banks so whenever you wish to cash out you just put in an order in the website to wire the money to your account. In terms of buying bitcoin you can use their seven eleven outlets to put some cash in to your coins.ph account to buy bitcoins.

We still dont have altcoin exchanges here and companies accepting or selling them, so the best way to do cashout altcoins would be through converting them first to bitcoins. Bitcoin right now is like the USD of cryptocurrencies.
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October 22, 2017, 02:01:22 AM
 #103

For me, I usually deposit my bitcoin to Skrill, and then use their prepaid card to withdraw the fund from local ATM.
Or simply trade with people on Localbitcoins.
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October 22, 2017, 06:53:45 AM
 #104

i am happy to see that today there is many option that we can use to cashout our bitcoin to fiat and we can use without a problem. for people which don't have local exchanges or seller to buy and sell bitcoin, they can use localbitcoin which many of recommended seller and buyer that will receive our orders. beside that, it will be better if we can find one of our friends that willing to accepting our bitcoin and send the money to our bank account, i often use this way if i am in urgent situations so i don't have to wait until hours to receive my money.

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October 22, 2017, 07:06:43 AM
 #105

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
There are different bitcoin wallets where you can already exchange bitcoin to a lot of currency but i use a wallet most suitable for me and gives other benefits too that i can use. Since i am from the philippines i use a wallet where i can cash in either my own currency or bitcoin already which can be invested on as bitcoins price go up.

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October 22, 2017, 07:15:46 AM
 #106

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
There are different bitcoin wallets where you can already exchange bitcoin to a lot of currency but i use a wallet most suitable for me and gives other benefits too that i can use. Since i am from the philippines i use a wallet where i can cash in either my own currency or bitcoin already which can be invested on as bitcoins price go up.
In out country we can encash our bitcoin in remittance center or else sometimes they were directly deposited it in the bank. Moreover using coinsph wallet they can easily convert the cash into bitcoin and bitcoin into cash so I have no problem regarding conversion or encashment of bitcoin.
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October 22, 2017, 07:26:28 AM
 #107

 Smiley Hey

Well its really easy you just need to put ypur bitcoins in a wallet that permits this option , infact there are different wallets specific for different countries that do just fine in this line , there you can buy and sell bitcoins but there is usually a margin between buying and selling bitcoins thus that margin might trouble you at first , then you can easily sell your bitcoins and the money that you earned will be added into your wallet and after that it's upto you what you want to do with it , you can transfer it to ypur bank account and thats real cheap, or you can even  recharge and do a lots of things, all the services are wallet specific offcourse thus you need to choose the one that suits you the best according to your country, the best will be to ask around your Friends about thw wallet they use.

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October 22, 2017, 07:31:18 AM
 #108

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Try searching for some local exchanger or some wallet you could use to easily withdraw your bitcoin,
Luckily for us who are in the Philippines we could easily trade our bitcoin into Fiat because of our local online wallet.

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October 22, 2017, 07:32:29 AM
 #109

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.


I cash out my bitcoins using my wallet. My wallet is coins.ph. The thing is there is a feature in that wallet that allows me to not just withraw my coins but to also use them in buyinng things, which is very convenient.
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October 22, 2017, 07:34:12 AM
 #110

It's easy Smiley You can sell it or withdraw using credits cards funded by bitcoin ( epayments , spectrocoin, etc )
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October 22, 2017, 07:37:33 AM
 #111

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.


I cash out my bitcoins using my wallet. My wallet is coins.ph. The thing is there is a feature in that wallet that allows me to not just withraw my coins but to also use them in buyinng things, which is very convenient.

Coins.ph  only seems to work in Philippines but it offers great solutions  Wink
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October 22, 2017, 07:50:10 AM
 #112

If you are relatively new to digital currency I need to advise you to use care in dealing with some of the exchanges. Ask the people on this forum. I believe that for the most part they are helpful and will give you honest and valuable advice. Without trying to tell you what to do with your money I will tell you that after relying upon some industry reviews posted online I jumped into the digital currency market with CoinBase. I do not believe I could have made a worse decision. Now after talking with real people who have been victimized by this company I realize that they have appropriated the funds of many customers, have essentially no customer service system and no consumer protections in place. I suspect that in what has been a fast and loose marketplace CoinBase is not the only cryptocurrency exchange company out there with a predatorial business model because quite simply bad people will do bad things if they can get away with that conduct. So beware and be careful. Get good advice from real people who have no profit motive in your victimization. Good luck to you.
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October 22, 2017, 07:50:47 AM
 #113

Cashing out is not hard if you can find the exchange available around you. Personally I have always made use of remitano (P2P exchange which has an escrow) and LUNO (direct deposit, former bitx which is pretty fast).
However, with the rate at which new developments are coming up with multi cryptocurrency wallet with a debit card attached to the wallet, cashing out anywhere globally will start becoming easier than we have always had it. The more we grow, the more we keep getting better.
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October 22, 2017, 07:51:39 AM
 #114

Well I can easily cashout My Bitcoin in local currency by depositing my all Bitcoin in exchange and find the best deal and trade them for Bitcoins, Or I use localbitcoin the best and safest website but the fee is really high there, So I suggest you should always try your local exchanges for trading Bitcoins.


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October 22, 2017, 07:58:24 AM
 #115

i have some btc add and mytherwallet too !! once i want it to be on fiat i just deposit bitcoins to my coins.ph then withdraw it on some bank or cash pickup outlets ! but for now all my bitcoins are on coins.ph converted to cash and py my bills and other's bill too ! and get their cash Cheesy
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October 22, 2017, 08:05:25 AM
 #116

As i know that some exchanges provide withdraw into fiat money like usd or euro.
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October 22, 2017, 08:09:58 AM
 #117

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Hey mate, it depends on where you are from and your local exchange. Most of my withdrawals are in this process; Bitcoins on my wallet are sent to our local exchanges and from there I sent it into remittance and that's the time I have to get my money and just make sure if you are doing like this please don't forget to bring identification cards if ever the teller ask for it but I know they really are since it is required in doing such transactions. If you are planning to cashout altcoins it has the same process but you must convert your alts into Bitcoin first before doing the said guide listed above.



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October 22, 2017, 08:15:21 AM
 #118

there are many ways convert Bitcoins for cash. There are usually exchange in every country. it allows us to convert our bitcoin into local currency
If you want to convert the Bitcoin to USD you can use Coinbase.it very easy to use

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October 22, 2017, 08:19:17 AM
 #119

You can even get pre paid debit cards that accept bitcoin, then you can convert to usd, eur, gpb and spend as normal..
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October 22, 2017, 08:23:23 AM
 #120

I used a local wallet here in our country were there are a lots of method of I can cash out it. So I think it would probably depends on where country you are. Better to search for a local wallet in your country and see were would you fit to cash it out. There are a lot of applications there just seek around.
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October 22, 2017, 08:57:51 AM
 #121

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
if i want to cash out my bitcoin i will send it to local exchanges in my country which definitely any bitcoin exchange to fiat. try to searching if in your country there are any local exchanges or you can sell your bitcoin at localbitcoin.

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October 22, 2017, 09:11:12 AM
 #122

so far maybe localbitcoin is the best solution for exchange of bitcoin to local fiat currency, and every country in general there is localbitcoin which has function to exchange from fiat currency to bitcoin

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October 22, 2017, 10:04:59 AM
 #123

you should look for an exchanger like BTC-e because there also receive major currencies. My Kraken as well. But keep in mind, for a certain number of transactions you must verify your account with valid data for your transaction to be approved.

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October 22, 2017, 10:25:18 AM
 #124

Coinbase - This is a trustworthy, safe place where you can sell Bitcoins for a reasonable price. Even though they levy a percentage of commission yet it is safe without any risks. You can go the wallet and select the number of Bitcoins you intend to sell. Once you confirm the amount would be sent to your bank which is being registered on Coinbase.
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October 22, 2017, 10:32:07 AM
 #125

Of-course why wouldn't I. If you made many times more you would surely cash out parts of it. Atleast to get your initial investment or something out of this, to sleep well at night.

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October 22, 2017, 10:37:51 AM
 #126

I cash out my bitcoin thru our local wallet or sometimes i cash out it thru load. I'm happy because there are many ways to cash out our bitcoins here in our place but it needs our account to be verified to perform cash out.

i use to be a hunter
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October 22, 2017, 11:03:36 AM
 #127

I am using an online wallet the feature a money cash out. It is called coins.ph. I don't need to convert my bitcoins into our currency it can be directly cashed-out via remittance center, ATM and cardless ATM.
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October 22, 2017, 11:12:34 AM
 #128

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

you can used your local wallet accepting the online exchange thru banking transactions and you can convert your bitcoin into fiat cash money become usd and to the other country same procedure for any local fiat currency if the bitcoin have available money changer accepting bitcoin in your location.
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October 22, 2017, 11:17:39 AM
 #129

In my country Indonesia, there are exchangers that provide Bitcoin exchange to IDR (Indonesia Rupiah). This certainly makes it easier for me and other Bitcoin Indonesia users, to cash out Bitcoin into local currency whenever and wherever.
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October 22, 2017, 11:33:15 AM
 #130

Here in our country (Philippines), I used a digital wallet which is widely used by others.I think this became popular because it is a wallet that do not only support Peso (our currency) but also bitcoins and the good thing is you can directly convert btc to peso or vice versa. Another thing, you can not only withdraw your earnings through banks but also remittance centers that's why this is very convenient and user friendly especially to a student like me.

In your case, use an exchanger of btc to currency you used since you don't have a wallet like I'm using. Smiley
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November 04, 2017, 09:32:07 AM
 #131

How to cashout Bitcoin depends on your country. Like in our country there are some authorized or legit merchants. You have to convert it on your own currency then there are many options on how you can exchange it and convert it into cash. Example is bank..if you have bank accounts some of the banks are accepting  fund transfer through the used of your channel like COINS. Some used E-wallet using Autoload phones and Atms...etc.

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November 04, 2017, 11:27:17 AM
 #132

There are other exchanges which do the converting for you. Coinbase, Gemini, Bitpanda, Bitstamp are just a few which you can sell your bitcoins and they can pay you in fiat money through bank transfer or different payment processors, like Paypal,Skrill,Neteller etc.
When you send your fiat to your bank account, try a smaller amount first, some banks in the EU are starting to stop transfers coming from Crypto exchanges, and sending back it to the exchange. You can search for the name of your bank in the forum to check if there were any problems when others were wiring back funds from exchanges.

the banks in my country are actually scrambling to have access to exchange sites. Because they see the potential of large funds and potential transactions are not small as well. This is because the ratio of credit in banking is very higher than the ratio of available funds. so, they desperately need the supply of funds from other elements. For OP issues, I recommend using an exchange site that provides currency exchanges and is not too complicated in terms of account verification. I would suggest Hitbtc.
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November 04, 2017, 11:35:22 AM
 #133

i sell my bitcoin to my friend he is a bitcoins holder and he give me real money in exchange easy like that
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November 04, 2017, 11:37:15 AM
 #134

so many ways to cash out there. Some people prefer face to face exchange for fiat. I honestly use different exchanges but use option to withdrew to my visa card (fee is small) and avoid bank wire issues. In my country there is one exchange where I can trade coins for local monetary. Any way options are numerous but safety and anonymity are fees are significant factor when cashing out.
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November 06, 2017, 02:31:16 PM
 #135

How to cashout Bitcoin depends on your country. Like in our country there are some authorized or legit merchants. You have to convert it on your own currency then there are many options on how you can exchange it and convert it into cash. Example is bank..if you have bank accounts some of the banks are accepting  fund transfer through the used of your channel like COINS. Some used E-wallet using Autoload phones and Atms...etc.
It is not very thought to with draw the money because as much as the bitcoin getting high it is making the bitcoin valuable and it will make the bitcoin as the best currency and I hope the value and the price of the bitcoin will give all the people the best value and the income so it is the time to get in the bitcoin and to hold the bitcoin as it is now easy to withdraw and to keep save for the long time, as much as I will invest it will get high.
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November 06, 2017, 03:16:00 PM
 #136

How do you cash out cash? Well, you buy something.

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November 06, 2017, 03:18:23 PM
 #137

Many websites now have bitcoin and dollar exchange, very convenient. There are big exchanges, and you can try to find them.
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November 06, 2017, 05:20:25 PM
 #138

 Bitcoin Cashout some local exchanger provide direct bank transfer, rest it depends upon own country.We can send direct withdrawal to our blockchain,info account,you will easily converting bitcoin to usd,euro, inr gbg, etc.
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November 06, 2017, 05:30:28 PM
 #139

I used the exchanges to convert the Bitcoin to USD and then withdraw USD. most of the exchanges can be converted to USD

I cashout my bitcoins on coins.ph it is an online wallet that you can deposit your local money and convert to bitcoin it has a better way to send money, no minimum cash-in amounts, no monthly fees. That how I cashout my bitcoins so that I can buy things what I want and things what I need in my everyday life using my online wallet to withdraw my bitcoins and be a local currency.
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December 07, 2017, 01:13:15 PM
 #140

I used to use localbitcoins where I had trader from my own country and I cashed out Bitcoin on my bank account.  But ever since I've started to use Bitcoin debit card when I need cash I usualy withdraw it on ATM and I'm avoiding exchanges to my bank account. For me it's easier and more convenient that way if it comes to the situation that I need cash. But this is not very often, I prefere to pay directly with Bitcoin and not to exchange it to fiat.

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December 18, 2017, 04:47:50 AM
 #141

There are many ways to cashout your bitcoin. I personally transfer some of my bitcoin to neteller every once in a while and i use the card to get the money. I use neteller because paypal is baned in my country for unkonwn reasons. I believe you can transfer the amount you want to cash out to your paypal account and get it out. Or you can transfer them to one of the online bitcoin casinos then transfer it. It really simple.
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December 18, 2017, 04:59:20 AM
 #142

Lucky me there is local exchanger here in my country to cash out, even though the fee is quite big, 1% for every withdrawal
But It is still a lot better than cashing out from bank wire transfer I suppose
I hope there will be some competitions of another exchanger to reduce withdrawal fee Grin

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December 18, 2017, 05:05:00 AM
 #143

it's easy, you can use vip, then you pay the transaction fee, but according to me the cost is quite expensive. usually 0.005. so if only a little it will be exhausted by the cost. you should take more bitcoin.

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December 18, 2017, 05:09:23 AM
 #144

Well it takes a lot of process to make your bitcoin to cash..You sell them ,goes to other exchange then youll pay fees and to other wallet again to your currency then youll go to a bank to withdraw and cashout your money on bitcoin
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December 18, 2017, 05:17:20 AM
 #145

there are many ways on how I can cash out my bitcoin, Here in the phillipines we are using a wallet that partners with different banks and remittance centers, in that way we have many choices. but for me I prefer cashing out in remittance because bank transactions here are taking 2 days to process while in remittance it is only minutes.

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December 18, 2017, 05:22:49 AM
 #146

You can find someone in your city, who interest for bitcoins and sell him directly. Maybe its will be your neighbour.
I am using exchange exmo where i buy usd and then withdraw to card

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December 18, 2017, 05:36:32 AM
 #147

I use an online wallet where my bitcoins can convert into my own currency and vice versa. It is also depends to you and your country what you can use to convert your bitcoins into your own fiat. If you cant find the best answer here better use google to find solutions to what your looking for.
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December 18, 2017, 05:37:17 AM
 #148

There are different ways of cashing out your money in bitcoin. In our country, Philippines, we use the wallet that suits each token that we receive. They usually have a partner banks and remittance center where you can withdraw the amount you want. Using this, we can also transfer it directly to our bank accounts for an easier withdrawal. Transaction fees may be expensive but its more convenient.

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December 18, 2017, 06:04:24 AM
 #149

Depends on your country, there are platforms where you can convert your btc to cash. For example, in the Philippines, we use coins.ph. Its easy and convenient too
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December 18, 2017, 06:11:11 AM
 #150

You just need to find out an exchange that you can sell Bitcoin for cash and it's available for your country. Beside if you feel sell it through exchange is too complicated, you can sell it directly for other people, whom want to buy Bitcoin Smiley).

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December 18, 2017, 06:12:14 AM
 #151

I think that most people in here are withdrawing their bitcoin by the same way.

A lot of people like me are just withdrawing by localbitcoins, probably on p2p to avoid banks and do not make them ask questions about our movements.

but a lot of people are just withdrawing their coins on coinbase by wire transfer.

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December 18, 2017, 06:12:44 AM
 #152

Depends on your country, there are platforms where you can convert your btc to cash. For example, in the Philippines, we use coins.ph. Its easy and convenient too
I also used coins.ph to cash-out my BTC. There are more options where to get your money once you convert your btc to cash, you can pick-up your money to a remittance center, bank and even door-to-door option is also available.
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December 18, 2017, 06:16:17 AM
 #153

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

in our country here in philippines, i use coins.ph wallet, it is easy to exchange btc in our own currency. try to use appropriate wallet were in it is easy to transfer or exchange btc.
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December 18, 2017, 06:22:15 AM
 #154

Some times i use local connections to sell Bitcoin in cash, But it is treated as black money. https://www.coinbase.com/ is the best to sell Bitcoin or other crypto currency..
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December 18, 2017, 06:23:51 AM
 #155

Bitcoin Cashout some local exchanger provide direct bank transfer, rest it depends upon own country.We can send direct withdrawal to our blockchain,info account,you will easily converting bitcoin to usd,euro, inr gbg, etc.

I cashout my bitcoin in some exchanger in my country, i exchange it in coin.ph, its up to you where you can exchange your coin as long as you know about it. But its better if you have wallet to store your coin and its safe if you use it when you cashout your bitcoin.
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December 18, 2017, 06:36:40 AM
 #156

i did not try to convert my bitcoins on fiat currencies, i am interested in collecting and hold them, some exchangers offers the converting , it depends to each country
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December 18, 2017, 06:55:09 AM
 #157

Well it takes a lot of process to make your bitcoin to cash..You sell them ,goes to other exchange then youll pay fees and to other wallet again to your currency then youll go to a bank to withdraw and cashout your money on bitcoin

Woah it seems that it's hard to exchange bitcoin into fiat in your country and with that I feel fortunate that here in my country it's just a piece of cake. We have a wallet as well as an exchange (coins.ph) that we can easily convert our bitcoin into fiat and it's for free. Just deposit bitcoin then choose where you want to cash out like in banks or other remittance centers then that's it.

Happy Coding Life Smiley
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December 18, 2017, 08:29:12 AM
 #158

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

i sell my bitcoin for some friends or using forum like this and sell my bitcoins.

exchange sites is only waste of money
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December 18, 2017, 06:16:26 PM
 #159

Bitcoin Cashout some local exchanger provide direct bank transfer, rest it depends upon own country.We can send direct withdrawal to our blockchain,info account,you will easily converting bitcoin to usd,euro, inr gbg, etc.

I cashout my bitcoin in some exchanger in my country, i exchange it in coin.ph, its up to you where you can exchange your coin as long as you know about it. But its better if you have wallet to store your coin and its safe if you use it when you cashout your bitcoin.
In my country as well bitcoin is having a lot of potential and for this we can use bitcoin exchange into local and simple currency. Most of my friends are using local exchanger and they are exchanging with this way of exchanging at very low price and amount, it is not tough to make contact with exchanger and tell them about pour needs and requirements for bitcoin exchanging and selling bitcoin.
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December 18, 2017, 06:21:34 PM
 #160

i cash out through my country exchanger. the most trusted exchanger selling my bitcoin to my country fiat money then withdraw it to my bank account, i also already reserved monaco card or maybe next couple of month i will use crypterium apps for buying what i needs in real life. hope both project can made it so we as crypto investpr could cashout or buying something using our asset directly

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December 18, 2017, 06:36:48 PM
 #161

frankly speaking I buy bitcoin now and invest in tokens.
but every moment I can sell using exchangers with are much in every countries. some exchanges offer to get money by cash.
I use a local exchanger in my country who allows us the opportunity to either cash out the bitcoins into my bank account or they send me the money through mobile money where i save the money on my mobile phone and use it for transactions.

 
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December 18, 2017, 07:34:15 PM
 #162

I'm not cash-out of bitcoin money I receive it every week to my friend. He is paying me the money I receive. She also taught me how to bitcoin. But this I remember how to cash out. We will then deposit your cash through the method you specified. Depending on when you placed your order and which method you chose, you will receive your funds between 5 minutes, 24 hours, or by next business day.
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December 18, 2017, 07:37:54 PM
 #163

There are certain websites where you can trade Bitcoin with people or trade it to another digital format. You can also use coinbase to cash out to USD.

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December 18, 2017, 07:47:43 PM
 #164

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.


All depends majorly on the exchange platform you are using and also the bitcoin wallet you are using to withdraw to your bank account. I recently had to go learn how to exchange an altcoin I had to Bitcoins. Thank goodness I did because I would have really regretted it if I didn't on time. It is actually quite easy even with YouTube videos regarding what you want to learn. I used the yobit platform and sent to my bitcoin wallet then to my bank account which was credited with ease
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December 18, 2017, 07:53:10 PM
 #165

mostly by localbitcoins and community on telegram
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December 21, 2017, 04:33:18 PM
 #166

bitcoin now  days almost have all the exchange.this all up to you in which exchange you want to use and easy for you to cash out. try to use a wallet that is compatable in your country , a wallet that easy to transfer your btc. our country we mostly use coin.ph

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December 21, 2017, 04:42:19 PM
 #167

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

there are lots of exchanges in which you can exchange or encash your bitcoin  like etherdelta, coinexchange, nova exchange and a lot more..use the wallet in which people are using in your country for cryptocurrency so that after you have traded your bitcoin in exchange, you can send the amount of it to you wallet and you can get it as a cash.
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December 21, 2017, 04:48:28 PM
 #168

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

CashOut at bitcoin? Here at Philippines we have coins.ph app that serve as our wallet. Which you can do cash in and cash out through selected store nationwide. But in coins.ph you have to be verified first before you can do cash out your money.




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December 22, 2017, 07:41:16 AM
 #169

We have a very trusted and reliable local exchange in our country where we can conveniently turn btc in our local fiat directly and withdraw it either on atm, money remittances or in banks.
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December 23, 2017, 08:53:12 AM
 #170

There are a number of ways to do this, nearly all of which are to a certain degree convoluted.
Personally I prefer to transfer them to a debit card and then I can use that to spend or withdraw as normal.
There are a bunch of bitcoin debit cards around and they all serve much the same function but remember you are still paying with a Fiat Currency such as EUR, GBP or USD.
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December 23, 2017, 12:15:57 PM
 #171

cash what i need and invest more , uses bitcoin for invest more than paying.

it is good to buy cheap things when using bitcoin.
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December 23, 2017, 12:26:36 PM
 #172

I do cash out my bitcoin through the help of the local bitcoin wallet in my country. I usually used rebit bitcoin wallet this online bitcoin wallet allows me to send money and buy bitcoin or alt coin.
I cash out my bitcoin with the help of the local bitcion wallet. I convert my bitcoin into cash with help of coins.ph here in the Philippines it so easy to transact. Even you send money to your relatives is so easy, and investing money.

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December 23, 2017, 12:33:28 PM
 #173

the few times i wanted to cash out something i did it through the exchanger (some of my coins were there) to send it directly to my bank account, otherwise like most of us, localbitcoin or, in case of friends/colleagues, by hands.
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December 24, 2017, 07:42:09 PM
 #174

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

When I do need to there’s a few ways I do it myself

Most profitable way for me is to sell via my local bitcoins account various types of payment

Secondly but only used for emergency cash outs is my BitPay Visa card
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December 24, 2017, 07:46:42 PM
 #175

I send it to local exchangers and they send me payments in my banks. That is how I am buying and selling bitcoin at the moment.
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February 04, 2018, 11:41:30 PM
 #176

I send it to a local website where you can buy and sell bitcoin , but not really a exchange. I pay a bit higher fee but it is worth it because they are trusted.

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February 04, 2018, 11:46:26 PM
 #177

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Atually i dont know do you trade. What is the name of the exchanger?
Because some of exchanger like bitstamp has the menu to convert into fiat.
Actually you dont have to deposit and withdraw with bitcoin because you can withdraw altcoin too like etherium and others.
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February 04, 2018, 11:48:19 PM
 #178

I don't cashout yet, I just started investing , so I will need a little bit more time.
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February 05, 2018, 12:24:28 AM
 #179

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

It depends on which country you are, because there are several local exchanges that directly convert Bitcoin into fiat money and cash it out via remittance, bank deposits, and others. You just need to make a few research in the internet on whether you have local exchanges in your place and of course choose the most reliable one, which everybody use. If you use international exchanges there might be a possibility of delay, depends on you location.

R


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February 05, 2018, 03:59:20 AM
 #180

in a few months ago until now, I use localbitcoin and my friend which help me to cash out my bitcoin and I am very happy because the fee is not too big for me so I still get that money with safe. I never use the exchange to send the money to my account because it needs too long to see the money arrives in my bank account so, with a little help from my friend, I can get that money in less than one hour so I can go to the ATM to take the money.

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February 05, 2018, 04:06:13 AM
 #181

I cash out my bitcoins using LUNO. It's very easy and fast you get your money within hours of request.
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February 05, 2018, 04:23:11 AM
 #182

hi,
I think cex.io and coinmama.com are best exchanges to sell bitcoin.At the time you sold bitcoins you can get dollars $ for you bitcoin.If you have added band card to your cex.io account , you can transfer money instantly.
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February 05, 2018, 12:05:30 PM
 #183

Bitcoin is easy to convert in any cureency like usd inr euro and other form converter site many converter sites avilaibel in internet

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February 05, 2018, 12:15:40 PM
 #184

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
You need to change your bitcoin to fiat in some exchange and send that to your bank account, if you can't do it I think the only other way{at least from what I know} is to sell it to someone privet.
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February 05, 2018, 12:17:10 PM
 #185

You can cash out using a website such as localbitcoins, whereby localbitcoins acts as escrow for the funds to ensure nobody gets scammed. Be careful not to fall victim to any scams however, and never send the BTC until you know the payment is confirmed.

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February 05, 2018, 12:26:36 PM
 #186

To cashout bitcoins you can use exchange site to convert that btc to dollar or euro or what ever you want you can use bestchange.com to find exchange site
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February 19, 2018, 05:38:50 PM
 #187

In countries where btc is allowed or accepted by the government and banks  here you can easily use atm to make it cash.Like in usa or canada lots of bar's and super shops accepted btc as their payment method and btc in atm are also available in those countries to exchange in cash directly.
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February 19, 2018, 06:00:40 PM
 #188

In countries where btc is allowed or accepted by the government and banks  here you can easily use atm to make it cash.Like in usa or canada lots of bar's and super shops accepted btc as their payment method and btc in atm are also available in those countries to exchange in cash directly.
Don't they have very high commissions?
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February 19, 2018, 06:17:57 PM
 #189

When you have bitcoin you already have cash. Better cash.  Wink

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February 19, 2018, 06:23:27 PM
 #190

When you have bitcoin you already have cash. Better cash.  Wink
That's the fact, when one has got bitcoin in the wallet it is same as having cash in the wallet. These days we've got more exchanges and trading websites to cash out bitcoin. The best way is to use localbitcoins.com which has got its service over most countries around the world.

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February 19, 2018, 06:47:49 PM
 #191

it is simple and realistic,Once you have created an account, you will have to link it with either a debit/credit card, or a bank account. Afterwards, simply deposit how much BTC you’d like to exchange from your address, choose the currency of choice, and click on exchange. The process can take anywhere between a few minutes to a couple of days, depending on the exchange that you have picked and your bank/card provider.
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February 23, 2018, 06:16:46 PM
 #192

Sell it to get $ with exchanger
You can get paypal, or any digital money!
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February 23, 2018, 06:45:33 PM
 #193

What I do is transfer my coins to localbitcoins and sell them there, after which the payment will be sent to my bank account directly. You can also have a local bitcoin wallet where in you can cashout your Bitcoin to USD.
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February 23, 2018, 07:09:12 PM
 #194

in india we cashout in indian legal exchangers so that fund come direct to banks
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February 23, 2018, 07:21:48 PM
 #195

From coins.ph there are 2 wallets i can store 2 coins which is php and btc. When i exchange my ether into bitcoin, i usually send my bitcoin from exchanger going to coins.ph then i cash out it to cebuana or security bank because bitcoin does automatically converted btc into fiat.
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February 24, 2018, 10:23:22 PM
 #196

I usually don't cash out, simply because I have other fiat income, so I can dedicate all my crypto income to getting more cryptocurrencies. When I do need some stuff I prefer to either use stores that are accepting it, or buy Amazon codes and load shop there. For the rarest cases, when I need some fiat, I usually trade it for cash on either a P2P exchange bitcoin.de if I can wait a couple days for the money, or Coinbase when I'm in a hurry.

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February 24, 2018, 10:25:59 PM
 #197

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
After I received my tokens from a signature campaign it will go to my ether wallet and sell it to my wallet. And then I will convert it to a bitcoin in my Coins.ph application into a fiat money which I can cash it out in an atm machine.

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March 01, 2018, 01:11:32 PM
 #198

I cash out my bitcoins by using Cryptocurrency exchanges.It is the most popular method of exchanging BTC & other currencies into Fiat at this time. While most impose certain limitations on how much you can exchange without a verification, they represent a great choice for those who are just starting out and not withdrawing large amounts. The process is fairly simple, even for novice users.Secondly, i like using services like LocalBitcoins strive to create a P2P marketplace, where those who are interested in either purchasing or selling digital currencies, can do so from other people. Most services like these are escrow-based and offer transparent fees, therefore trust issues are basically non-existent.
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March 01, 2018, 01:17:50 PM
 #199

I did not experience that but i think you can cash out a bitcoin if your coins.ph is level 3 i heard that to my friend.
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March 01, 2018, 01:18:57 PM
 #200

With the help of wallets and exchanges, I am able to cash out bitcoins. Maybe in the future too mich fees in converting bitcoins will be lessen and bitcoin can be used anytime anywhere someday.

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March 01, 2018, 01:20:00 PM
 #201

                         Shocked You can sell text for your referrals Gift 1000 iso blockchane tehnology tokens if register, prelanch.
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March 01, 2018, 01:20:20 PM
 #202

Bitcoin,hmmm what is it?
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March 01, 2018, 03:24:26 PM
 #203

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

First of all, you should have a wallet that supports withdrawal transaction when it comes in exchanging your btc into real money. In our country we what we call coins ph wallet. When we do trades, we send it into our coinsph wallet so we can convert it into real money. Some exchanges site don't support this transaction. They just only accepting digital currencies not fiat.
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March 01, 2018, 03:27:46 PM
 #204

Lucky me we have local exchange bere in my country which you can deposit and withdraw in fiat. The max withdrawal limit is around $7500 a day with 1% tax. But with pther parties, this max withdrawal can goes up to $150k Grin

Lucky me I dont have that akount of money for me to bother that max withdrawal amount LOL

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March 01, 2018, 03:37:09 PM
 #205

I am using an app here in my country which is called Coins.ph, you can cash out on banks or remittances center. This app serves as a bitcoin wallet as well and you can also use it to pay some of your bills or top up your steam wallet or prepaid load.
Here in the Philippines you can use apps Coins ph. This app you can cash out on banks or remittance center and also you can use this app for paying bills, buying loads. This apps serves as bitcoin wallet.



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Rainbot
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March 01, 2018, 03:46:05 PM
 #206

What is the point of this question when op didn't stated where he is from? We can give him our ways, but that doesn't mean that he can use that way if he lives in other part of the of the world.
As time passing one thing is clear, we have more and more ways for cashing out. I remember 3 years ago I didn't have other way except one guy in other town, its was locally. Now after 3 years some banks are connected with world exchange sites, there are ATM's things are going. I believe that is happening in all countries, and if not its going slower but it will come eventually, just be patient.
Advice for other who wish to post some topic, give more information's about your situation and what you need exace, in that way we will be able to help more and give you better advices.

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March 01, 2018, 03:50:47 PM
 #207

Since bitcoin is a cryptocurrency, you need to convert it to turn it into cash. There a lot of application wallets you can download and use to convert your bitcoin to your preferred currency.
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March 03, 2018, 08:03:55 AM
 #208

I usually don't cash out, simply because I have other fiat income, so I can dedicate all my crypto income to getting more cryptocurrencies. When I do need some stuff I prefer to either use stores that are accepting it, or buy Amazon codes and load shop there. For the rarest cases, when I need some fiat, I usually trade it for cash on either a P2P exchange bitcoin.de if I can wait a couple days for the money, or Coinbase when I'm in a hurry.

It does not matter to download the local client. You can go directly to the trading platform recharge to buy bitcoin, and then sent directly to the target address on the line.
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March 03, 2018, 08:07:32 AM
 #209

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Here in the Philippines, we have coins.ph. It's an app that caters to Filipino bitcoin enthusiast and allows them to sell their bitcoins for fiat money. We can then cashout our fiat money via money remittance centers across the countries or well-knowed and trusted banks.

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March 03, 2018, 08:10:43 AM
 #210

Crypto enthusiast allways buy your coins, search local traders and exchange with him offline, no 3rd party exchanges needed

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March 03, 2018, 08:19:10 AM
 #211

Generally i use two methods one i sell Bitcoin to my known person and gets cash. Second I use Coinbase it is a good platform for exchange your crypto currency into Fiat currency.
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March 03, 2018, 08:32:15 AM
 #212

Register yourself here: https://cex.io/r/6/up105360175/6 and Deposit your Bitcoins into their wallet. Go to their trading platform and sell them in the BTC/USD market. then click withdraw and chose your  withdrawal  method. depending on your choice, Your USD will reach you in few days
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March 03, 2018, 08:36:51 AM
 #213

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I think there's always an exchange that can convert your local currency. try to find out on your local exchange.
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March 03, 2018, 08:41:54 AM
 #214

It depends on your local currency. Some exchanges as mentioned have USD and Euro options. For my country, I still need to withdraw BTC and then use an exchanger to convert to my local currency. Some exchanges have bank account and credit card integrations but I think only for U.S.
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March 03, 2018, 09:39:10 AM
 #215

I do cash out Bitcoin in many ways. First I made a community to exchange Bicoin to our local currency. Second I always convert Bitcoin to USD and then I withdraw it. You can also do it. If you want to convert Bitcoin to USD so you can use paxful.com. It thinks this is the best for convert Bitcoin to USD in online. And it's very much trustable.
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March 04, 2018, 05:09:47 AM
 #216

Generally i use two methods one i sell Bitcoin to my known person and gets cash. Second I use Coinbase it is a good platform for exchange your crypto currency into Fiat currency.
I cashout bitcoins first by installing wallet that can convert my bitcoins into my country's currency which is phillipine peso. I used coins.ph wallet wherein its an application in an android phone that can store my bitcoins and peso. It is really helpful becuase that wallet serves as my storage of money and also it is fast to send and receive money so no fail in transaction. But sometimes there are some conflicts when i am request codes.
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March 04, 2018, 05:13:34 AM
 #217

I will convert my bitcoin into our local fiat money currency through a bitcoin exchanger wallet and send it to our local remitances and bank nationwide we can do this anytime we like.

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March 04, 2018, 09:29:46 AM
 #218

sometimes I used localbitcoin to cashout bitcoin but in other time, I used my friend service and so far, I don't have a problem and I still continue to use their services. but I prefer to use my friend service because I know him and sometimes I visited in his house so I don't think that he will cheat or do something bad when I want to cash out my bitcoin.

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March 04, 2018, 10:14:14 AM
 #219

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I transfer my bitcoin to the well known bitcoin exchange here in the Philippines. I often used Coins.ph to easily convert bitcoin to Philippine peso.
And then i can easily cash it out to my preferred cash out method either banks or remittances.

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March 04, 2018, 04:48:29 PM
 #220

I used luno to cash out my bitcoin and ethereum
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March 28, 2018, 05:13:31 PM
 #221

In our country we have exchanges like zebpay, coinsecure and unocoin etc. They are linked Crypto currency account with our bank account and after converting crytpto into fiat we can directly withdrawal money to bank account.
Before this we have to clear KYC procedure, Bank account verification, PAN card details so that govt, can track payment whenever they want.

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March 28, 2018, 05:24:07 PM
 #222

There are many exchangers and services. You can use the services of people who will buy from you directly and give you money.
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March 28, 2018, 05:39:35 PM
 #223

It is best to use online exchangers with customer protection. Do not save on commissions and exchange in unverified places.
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March 28, 2018, 05:52:04 PM
 #224

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
You have to have a wallet, this  is where you can cash out to other 3rd party exchanger. Here in my country we use coins.ph we can convert our bitcoin to peso using this.
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April 03, 2018, 07:04:43 AM
 #225

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

There is no real exchange of BTC-USD. So what you need to do is move it to your wallet and sell it to people. We are lucky here in the Philippines because we have a wallet that buys Bitcoins and is converted to PHP.

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April 03, 2018, 07:18:06 AM
 #226

There are many way on how I can cash out my bitcoin, in our country we are using a wallet that partners with different banks and remittance centers, in that way we have many choices . But for me  I Prefer cashing out in remittance.
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April 03, 2018, 07:22:02 AM
 #227

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
in philippines it is easy to cashout your bigcoin because we have an app valled coins.ph so you can exchnge it or you can cashout it what ever you want to do with it

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April 03, 2018, 07:44:38 AM
 #228

It will depend on where you are from or where you are currently residing. There is no one way for all countries so you will have to research what works in your country.
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April 03, 2018, 07:56:06 AM
 #229

I cashed out bitcoin through my wallet. I mean sold my bitcoin and it wikk go straight to my coins.ph wallet which we have in the Philippines then from there I sent it to my bank or through money exchange so that my family can get it from there or I can get it from there.
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April 03, 2018, 07:56:11 AM
 #230

The answer is highly dependent on the amount:
- if the amount is rather small, then you can go for almost anything, nobody will run after you for tax;
- if the amount is decent, then you can go for physical meetings for cash;
-  if the amount is important, then you can establish a company and hire a good accountant, pay the tax and find some cost for optimization;
- if the amount if ginormous, then... move to a country that doesn't charge tax on bitcoin...

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April 10, 2018, 12:05:21 PM
 #231

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

On the Internet there are a lot of exchangers that your bitcoins will buy, and you will be sent $, or any other currency. The main thing is to have a bank card or an electronic wallet, to which you will be transferred money. Of course for this service you will be removed from some amount of commission.
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April 10, 2018, 12:16:03 PM
 #232

There are some ways you can follow to cash out bitcoin.
As i know we can cash out through local exchanger in each country. Second, change through marketplace. We can withdraw in marketplace in veryfied account.
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April 12, 2018, 11:36:23 AM
 #233

There are several ways to cash out bitcoin, you can send it to luno app for Nigeria,coinbase USA and Canada,though it depends on the country you are currently in, join escrow group where they trade bitcoin,
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April 12, 2018, 11:39:52 AM
 #234

With the utilization of our neighborhood bitcoin wallet application, it enables us to change over our bitcoin into nearby money. The application has nearby trade accomplices, they enable us to get the money through way to entryway conveyance, money get or bank exchange. It was made simple since you can get the cash in the closest second hand store accessible. There will be little measure of exchange charge, yet its not all that awful for a quick exchange.
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April 12, 2018, 12:16:43 PM
 #235

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Most countries that doesn't prohibit crypto has an exchanger to exchange altcoin into their country's currency, and this is easy to do even though there is an exchange fee,  if you make exchange on a trusted exchanger then your transaction will be safe and will not scam.
for example you can trade your bitcoin to USD  in this market https://bitcoinwisdom.com/markets/bitfinex/btcusd  Smiley
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April 12, 2018, 12:20:20 PM
 #236

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
Exactly, it depends to your country on what exchanger was available. Just like here in philippines we have this wallet which is coins.ph ans by that we can withdraw our bitcoin in bank. We just need to convert it into fiat before we get it. Try to search because surely there is a exchanger in every country for it.

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April 12, 2018, 12:34:45 PM
 #237

Yes, I cashout my bitcoin when I need real money that is why even bitcoin price is very low is not a reason that I didn't cashout my money.

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April 12, 2018, 12:43:55 PM
 #238

If you want to cash out bitcoin you need to have coins wallet it depends on your country or nation. In the Philippines we have coins.ph like that and then you can cash out in partner banks of coins or bitcoin. Now you can enjoy your money.
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April 12, 2018, 02:18:49 PM
 #239

You can cashout your bitcoin by selling your bitcoin in the exchange.
first you need to do is find the exchange that accept bitcoin to USD.
and you can withdraw your USD.
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April 12, 2018, 03:59:25 PM
 #240

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Well, your exchange must send your bitcoins to your online wallet and your online wallet must have a connection with other banks that can receive dollars through it. When it does, then you can cash out your bitcoins for dollars. In our case, we just use an app to sell everything.

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April 12, 2018, 04:05:22 PM
 #241

Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.
Correct but right now there areots of ways to convert your bitcoin to your own currency. There is also a website that help you sell your bitcoin like coinbase and much more. You don't need to worry about converting your bitcoin as there are lots of people want to buy bitcoin for fiat.

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April 19, 2018, 04:35:39 PM
 #242

Since I started working in bitcoin, I used local division to sell my Bitcoin.
I think this is a convenient and safe way to sell Bitcoin. And the money sold will be transferred to my bank account and deposited. Later, I collected money from the bank account.
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April 19, 2018, 05:03:05 PM
 #243

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Try contacting banks in your places or money remittances that are accredited by your cryptocurrency exchanges. All you have to do is sell your bitcoins in the exchange and transfer the funds from the exchange to the money remittance center or the accredited bank that caters to cryptocurrency exchanges.

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April 19, 2018, 05:20:04 PM
 #244

bitcoin is a crypto currency and it is easily changeable to any other currency. i am using just simple method of converting bitcoin to my desire currency through exchanges in which there is no problem and taxes are also very low.
I convert my bitcoin into cash with the help of coins.ph here in the Philippines, so fast and easy to transact with low payment. No hassle and worry cause my money are safe and secure.
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April 19, 2018, 05:32:52 PM
 #245

Too many ways to cash out Bitcoins. In my country we uses a particular app that let us buy and sell bitcoins, and then buy goods or services, eloads and pay bills. It also let us withdraw the money/hard cash from bitcoin. You may find a trustful app that will suite on unto your country.
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April 19, 2018, 05:52:11 PM
 #246

if you wanna convert bitcoins directly to cash or to you bank account you can use cex.io they offer this service , they also provide storage of your coins but at a fee.

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April 19, 2018, 09:37:53 PM
 #247

The exchange I use in my country only accept bitcoin deposit for conversion to fiat currency. Basically, what I do is to first convert my cryptocurrencies to Bitcoin and then transfer to the exchange and upon successful confirmation, the exchange will credit my bank account immediately.
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April 19, 2018, 09:45:12 PM
 #248

Converting bitcoin to fiat can be as easy as the availability of escrow services in the country u live in. Also, i would like to point out that u can deposit and withdraw cryptos other than bitcoin as well as have trading pairs other than bitcoin on them. For example, bittrex has three currency pairs BTC-alts, ETH-alts and USDT-btc/alts. In my country for example u can convert coins like USDT, ETH and BCH directly to fiat in few seconds. So the options are dependent on your location and exchange preferences.
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April 19, 2018, 10:50:17 PM
Last edit: April 19, 2018, 11:03:05 PM by Lalafell
 #249

Well in our country, You can simply cash out your btc through downloading php coins wallet, there are already menu's on that wallet where you could encash you btc, just simply follow the directions in the menu and everything will happen as easy in an instant.
Here in the Philippines you can simply convert bitcoin into cash by using the apps coins.ph.. your bitcoin make it into cash in so fast and easy to transact and very low cost payment, very simple follow the given intstruction easy to do and you can get your money safe and secure in all selected remittance center.

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April 19, 2018, 10:53:11 PM
 #250

cashing out bitcoins can be easily done via the local bitcoin exchangers/vendors that pays into your local bank account
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April 19, 2018, 10:56:36 PM
 #251

If you want to cash out bitcoin you need to have coins wallet it depends on your country or nation. In the Philippines we have coins.ph like that and then you can cash out in partner banks of coins or bitcoin. Now you can enjoy your money.
Yes, you are correct in Philippines all you need  the apps of coins.ph. you can convert your bitcoin into cash quickly no hassle then you can redeem in all remittance center in cebuana luilliher or any atm bank. Easy and so fast within a minutes you get your cash instantly.
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April 19, 2018, 11:01:14 PM
 #252

You can make a resesrch so you can know what is the best way to cashout your bitcoin. Because in my country philippines it easy to cashout our bitcoin because that's my country wallet with different cashout option..
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April 19, 2018, 11:01:41 PM
 #253

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

In my country, we have here a local digital wallet that can be used for buying bitcoin easily through some banks and remittance centers, and we can also easily convert it to our local money and withdraw in some banks and remittance center as well using this local digital wallet. So it's not so difficult for us to convert and withdraw our bitcoins into fait, because of this wallet that we used.

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April 19, 2018, 11:03:02 PM
 #254

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I cashout my money in an application called Coins.ph, this kind of an application helps you to convert you bitcoin into fiat, and fiat into bitcoin easily. There is a logo in application that you can click to cashout your money, after you click it then you will type how much of money you will cashout, and you will receive a pincode that will you type in an ATM.

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April 19, 2018, 11:06:18 PM
 #255

There are many way on how I can cash out my bitcoin, in our country we are using a wallet that partners with different banks and remittance centers, in that way we have many choices . But for me  I Prefer cashing out in remittance.
I agree with you, there are numerous ways to cash out your coins. Using your wallet, specifically coins.ph, you can easily click cash out and type the amount you need.

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April 21, 2018, 01:39:13 PM
 #256

you can sell your bitcoin into some exchanger to convert it to USD or your local currency after that you can withdraw the USD to your bank account and you will receive the money in your account, make sure that the market that you want to sell bitcoin is trusted.

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April 21, 2018, 02:12:33 PM
 #257

In coins.ph you can withdraw  your bitcoin directly, need to convert in to php and it takes 10-15 mins for you to withdraw in the designated money transfer establishment. I think now a days it's so easy to buy and sell crypto due to many wallet website an apps that offer not just one crypto but any kind of crypto that is know right now, even in china and japan has their own Bitcoin ATM machine that you can buy and sell bitcoin anytime.
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April 21, 2018, 02:15:15 PM
 #258

We had some direct exchanger Btc to fiat so it's easy to cash out but here's the catch, the exchange buys btc way cheaper than your expected price, I can sell also at my localbitcoins but it's kinda hassle.

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April 21, 2018, 02:18:17 PM
Last edit: April 22, 2018, 12:07:09 AM by saffira
 #259

You can sell your bitcoin and send it to money transfer and you can claim it just bring a proof of your identity. Other way is to deposit it directly to your bank account and withdraw it on counter or through ATM.
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April 21, 2018, 02:21:05 PM
 #260

It is better to use a country-based exchange service because it is certain that the exchange service provides bitcoin conversion to your country's local currency, so you will not be in trouble again when you want to cashout your crypto assets. If in your country there is no crypto exchange service then you can use another exchange service but the disadvantage is you can not directly convert the crypto assets you have with local currency in your country.
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April 21, 2018, 02:21:23 PM
 #261

The quickest way to cash out in my opinion would be local bitcoins. It has exploded over the last few months, and there are plenty of people waiting to buy your bitcoin on there! you will have to accept 10/15% less than the market value for your purchase though
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April 21, 2018, 02:24:25 PM
 #262

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.



I cannot cash out bitcoin in any ATM or bank because in my country there is no bank for bitcoin. I just exchange it or convert it in us dollar or peso in my online wallet so that I can now withdraw or cash out it in any ATM or bank. In my country it is easy to withdraw it because my online wallet was so easy to use.
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April 21, 2018, 02:30:36 PM
 #263

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

To cashout your money in exchange you need to transfer first you bitcoin or dollars to other wallet that has a features to cashout or withdraw. In my experience I transfer it to my wallet coins.ph to cashout my money from exchange. But it is depend where location at and wallet available to you location that has a feature of cashout in different money remittances.
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April 21, 2018, 02:36:26 PM
 #264

I am india so I cash out  through one of famous exchange named zebpay, but our central bank no longer allows bank to indulge in crypto related transactions so I use P2P exchanges now.
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April 21, 2018, 03:01:23 PM
 #265

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Not all exchange have a conversion for USD, in our country we have our own wallet for the conversion of our earnings in bitcoin or either ethereum so we can easily withdraw our money when it was needed so better to have own wallet in your country.
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April 21, 2018, 03:08:34 PM
 #266

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I am using coins.ph which is very easy to cashout first I will convert my Bitcoin into our fiat then send it to my account or cash out thru remittances center. That's all I am doing and thankful our country have it's own wallet.
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April 21, 2018, 03:12:34 PM
 #267

Well it is a matter of patience with yourself. I know that according to our rank difference you are above me and I guess you have experienced it already. But I would suggest that maybe you should not cash out and cash out your bitcoin. You can have more profit when you hold it for a long time. Better earn and earn to have more.
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April 21, 2018, 03:20:39 PM
 #268

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

There are several ways you can cash out Bitcoin and convert it to fiat. My favourite one is www.kraken.com, but you can also look at Coinbase or try to sell it also at localbitcoins.com.
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April 21, 2018, 03:29:03 PM
 #269

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

There are several ways you can cash out Bitcoin and convert it to fiat. My favourite one is www.kraken.com, but you can also look at Coinbase or try to sell it also at localbitcoins.com.

I am actually a bitcoin bounty hunter here and I am joining particular signature campaign for me to earn particular tokens too which is so easy because you can really make posts using your own knowledge. Ang when I sell my particular tokens and put it in my wallet. I am definitely using online wallet to have more security and good authenticator. Since I am filipino and I am in the philippines, I am using coins.ph to cashout or to withdraw the money I earn here at the forum.
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April 22, 2018, 05:54:18 PM
 #270

If you are a retail client, you can sell your bitcoins at exchanges such as Coinbase, Kraken, Bitstamp, Poloniex, etc.. Each exchange has a different interface and some of them offer related services such as secured storage.
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April 23, 2018, 12:57:06 AM
 #271

I use electronic exchangers, I transfer bitcoin to the exchanger, and the exchanger sends me dollars to my bank account or electronic wallet
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April 23, 2018, 01:02:20 AM
 #272

you need to find  the exchanges that serve the market about trade to USD, GBP, EUR, because not all market has it, so if you want to cashout your bitcoin you need to sell your bitcoin in that market first and start to wwithdraw the USD, or anything else.

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April 23, 2018, 01:50:59 AM
 #273

It is not simple to cashout bitcoins into dollars, euros or into Rupees, but there are websites like localbitcoins.com where you can cashout bitcoins. Also, beware of of the taxes followed.
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April 23, 2018, 02:06:39 AM
 #274

I first exchange bitcoin into dollars then I converted dollars into paper fiat currency from nearest exchange institutions and then I saving my currency into bank.

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April 23, 2018, 02:09:15 AM
 #275

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I think it's a problem from the wallet you're using. The wallet i use can easily exchange bitcoin into dollars (local currency) and the process is very fast. In addition i can also deposit my money into bitcoin using the wallet. Many forms of online payment and sales can be done in the wallet that i use.

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April 23, 2018, 02:10:43 AM
 #276

It depends on what crypto changer you will use. Make use that it supports the coins you will change. And have an erc20 wallet. The wallet will be your savings account. On crypto changer there are etherdelta,poloniex and bitrexand etc
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April 23, 2018, 03:10:43 AM
 #277

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
Right,in our country there is a local exchanger that easily convert bitcoin to fiat,there were fees but its instant and it is also easy to forward it to our bank accounts.Theres no hassle and pretty sure our exchanger is legit.I suggest to know the exchanger first if it is legit or not to avoid scammers,or permanent loss of bitcoin savings.

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April 23, 2018, 03:25:56 AM
 #278

Almost in every country there is convert into each currency.
that is where you can melt your assets in your personal account to meet the needs. I think for the currency of the USD is a lot that can do cashout
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April 23, 2018, 03:34:16 AM
 #279

Hello,i can cash out my money through coins.ph.There are lot of coin exchanger here I am using the online wallet for my security ang a good authenticator.in the phillippines,you could choose where you want to cash iout
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April 23, 2018, 05:27:53 AM
 #280

In our country which is the Philippines, they authorized a private company to regulate bitcoin and the transaction of it which is the the coins.ph, we can put in our wallet under coins.ph and they will convert it into peso. We can get our converted bitcoin by remittance center. In each country who implement bitcoin, probably they have their own company also who can convert their bitcoin to their own currency.
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April 23, 2018, 05:59:52 AM
 #281

Bitcoins are without a doubt the most interesting of the existing currencies, however, let's go back to the topic of our article and find out how to cash out the bitcoins. As it turned out, it is as simple as changing dollars for hryvnia or rubles inside the WebMoney system. At the moment there are many resources that can exchange bitcoins, for example, for other electronic money. This will help you one of the most famous resources for finding exchangers BestChange, which you can read about in our article "Profitable exchangers of electronic money."
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April 23, 2018, 06:23:19 AM
 #282

Bitcoin withdrawal is not difficult, it must be sold on the exchange in dollars and using the exchanger to translate for example to a visa or other payment system, and can for example through a personal meeting, but be careful as you can be deceived
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April 23, 2018, 06:33:08 AM
 #283

Im not that experienced too but for all I know you can use other wallets and then you can cash out to any other currency using them for example you can use netler or paypal to do that.

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April 23, 2018, 06:59:07 AM
 #284

Hey. I've been taking more than one time Bitcoins from different exchanges through exchangers. You need to choose an exchanger site, enter there that you want to exchange Bitcoins for dollars (in the field you give write Bitcoins, in the field you get specify dollars). And there in the exchanger will have to specify the number of your card, where then the dollars will come. That's all.
And, as far as I know, some exchanges can change Bitcoin to different fiat currencies. Such function like is on the stock exchange yobit.
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April 23, 2018, 06:59:23 AM
 #285

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I do bitcoin withdrawals usually use a redeem to redeem bitcoins into local currency or USD and find a place of exchange that can accept USD or local currency, it also depends on the country because I know each has each country that can make withdrawal bitcoin.
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April 23, 2018, 07:07:41 AM
 #286

Bitcoin is used for almost all exchanges. Now when I am new to Bitcoin and do not have a bank account I use to transfer all my coins to my local merchant that I found from a local Bitcoin site and since then I use it for trading. There are other exchanges that convert for you. Coinbase, Gemini, Bitpanda, only a few that you can sell with bitcoin and they can pay you with money via bank transfer or different payment processors, such as Paypal, Skrill.
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April 23, 2018, 07:46:04 AM
 #287

To cashout your Bitcoin it is mostly dependent on your country I use Remitano.com check the site out, most likely your country should be listed there, quite reliable and fast to use, as it is a peer to peer platform.
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April 23, 2018, 08:03:10 AM
 #288

I use 2 ways: ePayments and Localbitcoins.
1 - is convenient because you have your own card and you don't depend on p2p exchange.
2 - sometimes it is convenient to advantageously get money for a card in local currency.
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April 23, 2018, 08:08:53 AM
 #289

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I think this varries on what country you are living, here in the philippines mostly we cash out through coins.ph also there are banks accepting bitcoin already. But generally its COINNS.PH
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April 23, 2018, 08:09:56 AM
 #290

 for me I cash out bitcoin ,  is very easy i use  bitcoin Atm to withdraw,  and its very easy to cash out, i just go near Bitcoin ATM and withdraw  ,convert to  fiat money.
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April 23, 2018, 10:36:35 AM
 #291

Here in the Philippines, I am thankful that there is a platform we used to cashout bitcoin into fiat directly to our preferred bank or remitance center with no taxes. Now, the implement Ethereum on their platform for less hassle.
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April 23, 2018, 11:00:17 AM
 #292

In my country there is many bank and you will choose want you want to use but for me i use Cebuana it is a pawnshop.I used it because it is very near to my house but there is a charge in every cash out.
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April 23, 2018, 11:04:14 AM
 #293

If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
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April 23, 2018, 11:15:07 AM
 #294

To cash out Bitcoin in my country is very easy like other country I think , almost every country there is local exchange , you can sell your Bitcoin so other crypto like Ethereum and some other to your local fiat money .
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April 23, 2018, 11:24:22 AM
 #295

First of all, welcome to the market.  Cheesy
You need to learn to read graphics. After investing, you should make money by doing graphical analysis.
Check the market well. There are thousands of crypto moneys.
Win token from bitcointalk style sites. Invest in popular coins while prices are low.
Most important is graphic analysis !! Cool
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April 23, 2018, 11:41:59 AM
 #296

Some exchanges don't have the option to sell your coins for $,£,€
In some exchanges such as Kraken, Bitstamp, etc people can sell their bitcoins (of course) for dollars, euros, etc and then get the money transferred to their bank account quite easily.
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April 23, 2018, 11:56:28 AM
 #297

To do business is indeed very profitable to convert the coin of the original currency. can to convert bitcoin into native currency. or it could be for other coins at a price you can adjust yourself
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April 23, 2018, 12:11:50 PM
 #298

You should be buying PFR instead of whatever crap youre holding. Their mainnet comes out on April 30th. Do you realize that Localbitcoins now has KYC? Do you understand that once PFR is out, people will all jump ship to avoid having to upload documents? People kept doubting the project but these guys deliver. Do you want to be poor forever.
Here in the Philippines, we use Coinsph - a bitcoin wallet app used to store your gained bitcoin and do transactions using unique id. When it comes to cash out, this app is supported. But your bitcoin will go through remittance centers like Cebuana Lhuiller before you exchange it to actual cash. Cashing out is quite expensive but convenient enough to convert bitcoin to cash.

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April 23, 2018, 01:55:03 PM
 #299

I used to exchange bitcoins with dollars to someone. He will usually buy my bitcoin with any amount. But of course there is a fee for each exchange.

I think the person who bought my bitcoin he used to invest or gamble.
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April 23, 2018, 01:57:24 PM
 #300

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Before I cash it out, usually I convert my bitcoin into a peso with the help of the same application which is coins.ph, after I convert it I will click the cashout button on the right side of the screen, I type the amount that I will cash out, and you will receive a codes that you will use and type in an ATM machine.

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April 23, 2018, 03:06:08 PM
 #301

for me, i cashout depends on the situation.
usuaily i used escrow to withdraw my bitcoin or ethereum to my FIAT, because the fee cheaper than withdrawal directly from the market.

i used the escrow that have partnership with the market.

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April 23, 2018, 03:16:55 PM
 #302

Already many exchangers are now in support for cashout in banks and credit cards. such as a luno exchanger or indodax that support for liquefaction inside IDR. My country's currency
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April 24, 2018, 08:39:42 AM
 #303

I save and withdraw using ruble with payment banks, also I read somewhere that supported this option Bittrex as well.
PS: log into your exchange account and go to the wallet (you find the currency list BTC EUR EURO ETH.
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April 24, 2018, 08:45:06 AM
 #304

If I want to convert BTC to Fiat, I prefer 2 ways:
1.Using services like localbitcoins or telegram exchange bots (if I need to receive money on my debit card)
2.I have some partners which business is exchanging BTC->Cash and vice versa.

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April 24, 2018, 08:51:40 AM
 #305

There are 3 best ways:
- exchanges
- ePayments - at them low commissions on a conclusion + own card.
- localbitcoins - like that you can put the price and a convenient bank card for yourself. Sometimes the conclusion can take time, if your offer is at the best.
The difference between them in the method of withdrawing cash and in commissions. At the time of withdrawal, you need to look at all the options and choose the best one.
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April 24, 2018, 09:50:45 AM
 #306

For me the best way is special web exchanges where you can exchange fiat and criptocurrency. Also some criptocurrency exchanges support option to sell criptocurrency in fiat and with raw it

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April 24, 2018, 09:52:46 AM
 #307

For me the best way is special web exchanges where you can exchange fiat and criptocurrency. Also some criptocurrency exchanges support option to sell criptocurrency in fiat and with raw it
perhaps the most common way people use is web exchange. even more so if they have trusted one of them. but, for me, I have friends who always exchange my bitcoin into fiat in no time. well, that's really helpful.


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April 24, 2018, 02:16:40 PM
 #308

You can use one among many available trading web sites, you can sell your bitcoins to traders, you can post a trade with your preferred method of payment and rate
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April 24, 2018, 02:21:56 PM
 #309

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

So far i am carrently holding some coins and i am always in long term trading which is very good for me since i dont have a plenty of time buy doing trading that why i prefer in long term. I use to withdraw my earning from bitcoin to my local currency money via our local apps called coins.ph that fully supported by some remitances nationwide.

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April 24, 2018, 02:23:08 PM
 #310

I sell them to my friends and family  Grin
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April 24, 2018, 02:27:27 PM
 #311

I am holding a few coins form airdrop now and later if i want to convert this i will sell my tokens in some exchanger i will convert this to bitcoin first or etherium then send to my local apps wallet and withdraw to my local fiat money.

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April 24, 2018, 03:33:30 PM
 #312

I'm using an our smartphone application a local exchange wallet where you can trade your btc to your local money and cash it out to most convenient way for you either via Cardless ATM, Bank, Cash Card, Cash Pick-up or Mobile money.
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April 25, 2018, 12:21:17 AM
 #313

you should create a local wallet in your country to exchange it into usd every country had an exchanger to withdraw directly ito your bank account. in my country we have mobile applications exchanger  to exchange bitcoin  into fiat.
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April 25, 2018, 12:46:22 AM
 #314

actually a lot of web exchanges that can make withdrawal bitcoin that has been exchanged to USD, and maybe comment comments above already mentioned many, but my advice carefully keep the password, because hacker always lurking .. !!

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April 25, 2018, 12:55:02 AM
 #315

I am using coins.ph which is very easy to cashout first I will convert my Bitcoin into our fiat then send it to my account or cash out thru remittances center. That's all I am doing and thankful our country have it's own wallet.
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April 25, 2018, 12:55:20 AM
 #316

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Bitcoin can be converted in different real time currencies that we are use too. But then, it will be a bit different from one another. I believe that it will not take a lot of time to know and deal with it, or even get use to it. There are now a lot of offered bitcoin wallets in each country for a faster communication and better transaction. You can also search for that kind of wallet in your preferredcurrency to be converted.
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April 25, 2018, 12:59:33 AM
Last edit: April 25, 2018, 01:27:09 AM by potatocorner
 #317

I am using coins.ph which is very easy to cashout first I will convert my Bitcoin into our fiat then send it to my account or cash out thru remittances center. That's all I am doing and thankful our country have it's own wallet.

This is a legit online wallet in our country, and it does dupport bitcoin and now even eth. Other coins (from ICOs) are not supported to be directly cashed out, so you need to convert it first to bitcoin, and then convert it to the fiat currency. When you have converted your bitcoin into real money, that's the time you can withdraw it in any ways that can be offered in your country.

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April 25, 2018, 02:09:31 AM
 #318

In my country we use coins.ph to convert bitcoin into fiat or Philippine peso. From exchanger to coins.ph wallet then convert. It's easy though. Just find and know what external wallet your country are using.
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April 25, 2018, 02:25:53 AM
 #319

it has a lot ways to use bitcoin, bitcoin can be money remittance fast and secure, you can also buy load and pay other bills in an instant its not only paying you can also earn with bitcoin through doing campaigns like airdrops , social media bounty campaign article campaign and also you can do signature campaign with this forum.
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April 25, 2018, 02:38:30 AM
 #320

There are many ways to cash out our bitcoin you can use a bitcoin wallet that has a converter in your own currency. In my country we have a bitcoin wallet that is easy to use and easy to cashout and supported by many banks and remittances and can also be used for bills, tuition fees.
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April 25, 2018, 02:41:28 AM
 #321

there some local exchanges that converts your bitcoins into cash. Here in our country there are only few trusted sites and apps that offers services like that, and aside from that there aren't too many merchants here who accepts bitcoin as a method of payment.
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April 25, 2018, 02:46:56 AM
 #322

How did you buy your first bitcoin, then how will you sell your bitcoin into $. Grin
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April 25, 2018, 02:49:00 AM
 #323

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Some exchanges dont have cashout to convert for a dollar  or  euro currency. You have to send your bitcoin first to an external wallet like like blockchain,info wallet. You can sell your bitcoin at https://localbitcoins.com/ and it will be directly send to your preferred bank or in a remmitance center.
There are new local exchanges being develop where we can buy and sell bitcoin. I have an application that is available for exchange of our local currency that has available cashout on different banks and you are able to choose where to send money and find low transaction fee.

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April 25, 2018, 02:51:28 AM
 #324

I cashout bitcoin because of Campaigns in Bitcointalk this the source of income so if you recieve the bounty token then trade it to exchanges then convert to your national currency of your country then go to Bank then you can cashout 💕
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April 25, 2018, 02:54:53 AM
 #325

from my favorite online income program to coinsph to my bank or remittance centers.
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April 25, 2018, 03:44:37 AM
 #326

I think, except for some countries, bitcoin can be cash out in almost all countries.
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April 25, 2018, 04:10:10 AM
 #327

So far, I haven't cashed my bitcoins! I try to keep them until better times and only invest my money in it! But I know that my friends sell bitcoins to each other, because there are not so many ways to cash out bitcoins, all these ways take a big Commission!
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April 25, 2018, 04:44:12 AM
 #328

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

It varies form country to country there are
several local exchanges that directly convert
Bitcoin into fiat money and cash it out via remittance, bank deposits, and others.
But you can also sell some of your coin into BTC
then send and transfer it into digital wallet where you are able to convert it in fiat money.

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April 25, 2018, 04:46:58 AM
 #329

Look for exchange sites based in your country, it will make it easier for you to exchange or trade. Of course it will also simplify the transfer to your bank account

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April 25, 2018, 05:08:21 AM
 #330

Only Localbitcoins.net. I think, it's the best service for changing btc.

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April 25, 2018, 05:11:43 AM
 #331

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
You can be a newcomer when you ask this question. Different countries have different websites for you to convert Bitcoin and ethereum into cash. These websites are like a general website that helps buyers and friends to be safe with each other.

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April 25, 2018, 05:26:05 AM
 #332

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.


Actually it depends upon where you belong I mean where is your location because every country has an exchanger or wallet provider. For example for me if I decide to cash out my bitcoin I can convert it into peso fiat money then make a transaction using our wallet provider here din cash out to the bank which is tandem with our wallet provider. Same also to you fine and locate your Waller provider or exchanger and convert it into dollar then cash out. That's it I hope my advice is useful for newbie. Thanks

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April 25, 2018, 06:38:55 AM
 #333

First convet you crypto with bitcoin,then you can sell your bitcoin into https://localbitcoins.com/ with local money.Its very easy to use,remember,Dont forget to activate 2FA in your Localbitcoins account.You can also use Yobit.net for trade.This site wouold allow you to withdraw you USD perfectmoney.

sometimes I use localbitcoin too to cash out my bitcoin if my friend was not online and I don't have any problem to sell bitcoin in that place. in that place, we can found many recommended sellers which want to help us to cash out bitcoin and they will do their best to make their customer satisfied. but I don't have any experience to cash out my money from yobit because after I trade in yobit, usually I send the amount to localbitcoin or my friend or in my local exchange so it will directly to help me to cash out my bitcoin.

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April 25, 2018, 06:41:08 AM
 #334

Local exchanges do all the work. I have never faced any problem to cash out BTC
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April 25, 2018, 06:43:33 AM
 #335

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
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April 25, 2018, 06:43:42 AM
 #336

Method # 1: Cash out the Crypto-Currency Exchange
On exchanges, crypto-currencies are used to exchange and buy and sell both crypto-currencies and traditional money. Like ordinary exchanges, they assume the input and output of funds available on the account. You can cash out the Crypto-currency if you exchange it for a traditional one and withdraw it from your account.

The easiest way is to cash out known currencies such as bitcoin or etherium: almost everyone works with them. But there are also exchanges that work with unpopular cryptonyms. For example, Poloniex, which allows you to perform operations not only with Bitcoin, Litecoin, Ethereum, but also with Huntercoin, Radium, Riecoin, DNotes and many others. It is not the only one of its kind.

The first thing you need to find is a stock exchange that will support the required currency pair (ETC / USD, if you need to exchange the classic ethery for dollars, etc.). The easiest way to do this is by searching for the right pair in the top-level exchanges (the top is easily located using Google) or by entering into Google a request like "ETC / USD exchange". The first option requires more time, but it is more reliable, because the exchanges go to the top including because they are quite safe and fulfill their obligations. On little-known exchanges, the risk of getting scammers is higher. Help determine whether reliability helps.

After registering on the selected stock exchange, you need to replenish your wallet or account by crediting it with the corresponding crypto currency from the cryptichelp. After that, the owner of the crypto currency must put it on the auction for the rate that he considers acceptable. If the exposed rate is adequate and the currency is in demand, there is a buyer and the transaction is concluded. On the account, instead of the crypto currency, there are dollars (euro, yuan, rubles, etc.), and you can withdraw them, for example, to a Visa or MasterCard. Some exchanges support the withdrawal to WebMoney and other payment systems. Options are usually offered in the "Funds withdrawal" section, where you can choose the most convenient.
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April 25, 2018, 06:47:02 AM
 #337

It depends on your location and country, some countries have banned bitcoin so if you live there it might be harder for you. Here in my country there are a lot of money remittances that accept bitcoin. You try and look for exhangers in your country as well, I am sure there are establishments that accepts bitcoin cash out and exchange.
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April 25, 2018, 06:51:09 AM
 #338

There are many way on how I can cash out my bitcoin, in few countries people are using a wallet that partners with different banks and remittance centers, in that way we have many choices. You can sell it or withdraw using credits cards funded by bitcoin as well like epayments, spectrocoin etc
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April 25, 2018, 06:59:42 AM
 #339

There are local exchanges which buy and sell bitcoin. All I need to do is to place a sell order, send them the bitcoin a provided wallet address. I get my cash in my mobile money account after three confirmations.

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April 25, 2018, 07:07:28 AM
 #340

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
If you have a bitcoins try to use some trusted wallet or if your btc is on exchnager like binance try to withdraw it to your own trusted site like coinbase in our country coins.ph is my way to cashout my btc  first convert it into your currency and you can cashout .
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April 25, 2018, 07:11:08 AM
 #341

There are local exchanges which buy and sell bitcoin. All I need to do is to place a sell order, send them the bitcoin a provided wallet address. I get my cash in my mobile money account after three confirmations.
well, there's always a local exchanger to exchange your bitcoin into money. well, but I always leave it to my friends for the exchange. it's probably the fastest way I think for now.

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April 25, 2018, 07:22:38 AM
 #342

you can offer your bitcoin into some exchanger to change over it to USD or your neighborhood cash after that you can pull back the USD to your ledger and you will get the cash in your record, ensure that the market that you need to offer bitcoin is trusted.
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April 25, 2018, 07:44:45 AM
 #343

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
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April 25, 2018, 10:28:15 AM
 #344

Depends on where you live, Right now there are lots of exchange in the market i dont know which currency you want to buy or sale so many platform existing right now. but Bitfinex, Bittrex, and Binance are good exchanges. In germany you can use bitcoin.de to easily trade bitcoins in euro.
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April 25, 2018, 10:33:15 AM
 #345

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Here in the philippines we have our own wallet we called it coins.ph where we can withdraw and convert our bitcoin. After converting we withdraw our bitcoin or converted bitcoin thrpugh cebuana.

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April 25, 2018, 10:39:03 AM
 #346

It is not at all difficult to cash out bitcoins, they just need to be sold on the exchange and to withdraw them to any convenient payment system for you
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April 25, 2018, 10:47:03 AM
 #347

I had download application in the playstore which is coin.ph. It was only application here in the Philippines, Perhaps it has other version in other country. All my coins such as Bitcoin and ETH were kept there, Anytime I can able to convert it into peso. Then after it was converted into peso, I was able to encash it anytime or can use in any bills payment or transactions online.
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April 25, 2018, 11:17:49 AM
 #348

Well im using coins.ph to cashout my bitcoin to money.
Actually it is easy to use coins.ph and early to receive your money.
Here in the Philippines I use coins.ph to cashout my bitcoin. Bitcoin money is so easy to convert into cash by using coins.ph are so easy and safe your money and can you redeem your money  in cebuana luillieher remittance center.
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April 25, 2018, 11:24:09 AM
 #349

Bitcoin is easy to convert in any cureency like usd inr euro and other form converter site many converter sites avilaibel in internet
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April 25, 2018, 11:25:04 AM
 #350

I'm not cash-out of bitcoin money I receive it every week to my friend. He is paying me the money I receive. She also taught me how to bitcoin. But this I remember how to cash out. We will then deposit your cash through the method you specified. Depending on when you placed your order and which method you chose, you will receive your funds between 5 minutes, 24 hours, or by next business day.
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April 25, 2018, 11:41:48 AM
 #351

I always using exchange for paypal,visa,webmoney,kiwi. For me best decision.
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April 25, 2018, 11:54:10 AM
 #352

Through my online wallet I convert my bitcoin or satoshi into fiat money. There is an option where I can cash out my money if through money remittance or I can direct it to my bank.

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April 25, 2018, 12:36:07 PM
 #353

Well im using coins.ph to cashout my bitcoin to money.
Actually it is easy to use coins.ph and early to receive your money.
I am using coins.ph.here in the Philippines to convert my bitcoin money into cash its so easy to transact and very faster you redeem your money  in selected remittance center, your money are safe and secure.

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April 25, 2018, 12:41:34 PM
 #354

Well im using coins.ph to cashout my bitcoin to money.
Actually it is easy to use coins.ph and early to receive your money.
I am using coins.ph.here in the Philippines to convert my bitcoin money into cash its so easy to transact and very faster you redeem your money  in selected remittance center, your money are safe and secure.

I am also from the Philippines and I also have an easy time converting my bitcoins into money with just a click of my fingers. Using the same site you use I can convert my btc anytime to local fiat by either withdrawing it from remittance centers or to the selected bank outlets. This is very convenient and I actually not placing my money anymore in the bank since I already made my btc wallet as my bank.
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April 25, 2018, 03:45:38 PM
 #355

You can cashout bitcoin by sell it on USD or USDT pair on the exchange. for example binance exchange has USDT / BTC pair.
and from USD, you can request withdrawal to your bank account i think.
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April 25, 2018, 03:47:16 PM
 #356

It is extremely difficult to do that here in Nepal, as Bitcoin is banned here. Normally when I need to sell my coins, I travel to Delhi (India) and sell the coins to some of the traders there in exchange for Indian Rupees.
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April 25, 2018, 03:49:44 PM
 #357

The easiest way to cash out Bitcoin is using coins.ph or any wallets. You will just click cash out and type the amount you want to have. There are different choices how you will get your money.
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April 25, 2018, 03:54:27 PM
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it's easy, you can use vip, then you pay the transaction fee, but according to me the cost is quite expensive. usually 0.005. so if only a little it will be exhausted by the cost. you should take more bitcoin.
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April 25, 2018, 03:55:09 PM
 #359

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
In my country, our governement approved 2 companies as exchange operator. I can easily withdraw my bitcoins in atm machines because there is bitcoin wallets that suitable and applicable for the people in my country.
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April 25, 2018, 04:16:12 PM
 #360

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I easily cash it out through an local on line wallet app where I send my bitcoins and convert it to fiat  which the service providers are also in partner with common international and local remittance center where my online money is sent and is received by me in cash in a designated branches near me. 

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April 25, 2018, 04:19:51 PM
 #361

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Some people cash out bitcoin because they need money for their financial needs.Bitcpin is like an automated money that you can cash outbin times that you need money.In butcoin you can ensure that your money is in safe hands.
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April 25, 2018, 04:20:21 PM
 #362

everybody will do that if the circumstances benefit us to do a bitcoin cashout
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April 25, 2018, 04:40:09 PM
 #363

If you are from the US than Gemini is an option to convert your Bitcoins into USD and withdraw it to your bank account, if you are from Europe than Kraken is an option, than there are country specific exchanges that a simple Google search can bring up and if none of the option is there than you can just use LocalBitcoins to get cash for your bitcoins.
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April 25, 2018, 04:44:42 PM
 #364

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I often sell Bitcoin to my friends to get on USD. I have never tried cashout on websites, because I am afraid to encounter fraudulent websites and they will take all my Bitcoins.
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April 25, 2018, 04:51:02 PM
 #365

There are some exchanges that you could use in order to cash out your bitcoin into Fiat,
But luckily there are also some wallet that supports it there are some local wallet tjat could be used to easily cash out your Bitcoin into Fiat,

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April 25, 2018, 05:15:23 PM
 #366

Earlier I used to sell my Bitcoins for fiat cash (in the form of bank deposits) through localbitcoins. But I don't want to do that frequently, as there are tax related complications. Nowadays I mostly cash-out with the help of prepaid Bitcoin debit cards.
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April 25, 2018, 05:33:37 PM
 #367

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

I think to withradw for real money you must using lokal exchange, because only lokal exchange support with you county. Like my country i always send  my btc to my lokal exchanger first sell it for my nasional currensy then withdraw to my national bank. The point is you must find exchanges which support withdraw to bank account
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April 26, 2018, 01:37:54 AM
 #368

There are many exchangers and services. You can use the services of people who will buy from you directly and give you money.
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April 26, 2018, 01:42:51 AM
 #369

Lucky me there is local exchanger here in my country to cash out, even though the fee is quite big, 1% for every withdrawal
But It is still a lot better than cashing out from bank wire transfer I suppose
I hope there will be some competitions of another exchanger to reduce withdrawal fee
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April 26, 2018, 01:59:39 AM
 #370

How to cashout Bitcoin depends on your country and so many ways to cash out there. Like you can used your local wallet accepting the online exchange and banking transactions and you can convert your bitcoin into fiat cash.
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April 26, 2018, 02:13:02 AM
 #371

It depends on where country you live, as they vary in ways to cash out. Just like me, I live in the Philippines. Our way to cash-out our BTC is coins.ph. We don't need to convert it, and it is fast and reliable. So we trust it.
You what country do you live? Try to research it, or ask someone you know how to cash-out in your country.
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April 26, 2018, 03:17:13 AM
 #372

In my own idea and experience during my Bitcoin cash out we have this called thing wallet and that wallet is you can make a transaction and transfer it to your bitcoin wallet it is safe and the security is good because, you are the one who is holding your private code key. In many exchange sites you can do also a cash by converting bitcoin to USD and other currencies and then send it to your bank accounts or wallets and also by bank to bank or people to bank transactions.
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April 26, 2018, 04:38:14 AM
 #373

Cashing out bitcoins into fiat money will depends on every country since they have different regulations and merchant acceptance as well. Meanwhile, we have convenient ways of buying & selling Bitcoins here in Philippines directly into Philippine peso currency with no bank needed as long as you're a verified user.
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April 26, 2018, 04:45:30 AM
 #374

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
I usually cashout my money, in an ATM machine. How? first i used an application called Coins.ph, this application is very useful to me because of its some things such as you can convert php to btc and eth, and vice versa. You can also buy loads with this application. It has a simple ways so you can cash it out, just click the logo of the cashout, type the amount and some pin and codes will send to you that you will put in an ATM machine so that you can cash it out.

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April 26, 2018, 04:47:59 AM
 #375

You can also use Payeer.... you can ask for a free MasterCard and when you go to your account there’s a way to sold your BTC to others users and you can obtain USD, RUBLE or EURO... with your fiat you ca. Credit your MasterCard and use it as you want....
also Coinbase and Kraken are able to send back Fiat to a bank account ..
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April 26, 2018, 05:18:00 AM
 #376

Getting the money for out bitcoins into fiat cash will relies upon each nation since they have distinctive controls and dealer acknowledgment also. In the mean time, we have helpful methods for purchasing and offering Bitcoins here in Philippines straightforwardly into Philippine peso cash with no bank required insofar as you're a checked client.
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April 26, 2018, 05:27:40 AM
 #377

When you send your fiat to your bank account, try a smaller amount first, some banks in the EU are starting to stop transfers coming from Crypto
exchanges, and sending back it to the exchange.
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April 26, 2018, 05:48:05 AM
 #378

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

In my country, we have a certain wallet app that is quite handy because not only it allows us to cash out bitcoin easily, but it also allows us to choose where to spend our bitcoin, such as payment for government benefits, online shopping, payment for utility bills, etc. I think you just have to find the app that is suitable for your country.
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April 26, 2018, 05:58:43 AM
 #379

I do cash out my bitcoin to my apps wallet that support our local currency and when i recieve my bitcoin to my wallet i will convert it to our local currency and wothdraw it to some remetances who supported and partners of that apps wallet.

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April 26, 2018, 06:12:32 AM
 #380

For this there are exchangers. They will gladly buy you bitcoins and transfer you dollars or any other currency to your card. Of course they will take a commission for this, so it is not profitable to deduce small amounts.
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April 26, 2018, 06:12:47 AM
 #381

I am also interested in this experience on the conclusion of cryptocurrency. He is now using exchange, but the Commission sometimes it's just great, now I'm not worried about because more than 2 thousand $ I have not yet deduced, but in the future think!
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April 26, 2018, 06:43:53 AM
 #382

Here in our county we cash out bitcoin from coins.ph we convert bitcoin to philippine peso .theres many way to cash it out from coins.ph lwe can can out to bank or to remittance center.

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April 26, 2018, 06:55:19 AM
 #383

I know someone who always buy-sell Bitcoin and ethereum through a friend on this forum. I sold Bitcoin and Ethereum for him in return I will get cash in his bank account. I think that in your country there will be so many people, so you can meet them directly to carry out fraudulent transactions.

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April 26, 2018, 07:01:57 AM
 #384

I withdraw it in the way of converting ,im from the philippines so ineed to convert it into php, but in the philippines theres a company that accept bitcoin and ethereum so it really gives help for me.

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April 26, 2018, 07:02:09 AM
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Sure Bitcoin will be a lot of applied to virtually all the particular deals. Today once I has been not used to Bitcoin and possess simply no bank-account. I take advantage of to be able to exchange almost all my own money to be able to my own neighborhood dealer which usually I've found coming from neighborhood. Bitcoin web site and also ever since then My partner and I employed your pet regarding investments.
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April 26, 2018, 07:12:37 AM
 #386

Hello, i'm newcomer into crypto currency, I want to know, which way is the easier of cash out BitCoins?
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April 26, 2018, 07:12:47 AM
 #387

how to cash out my bitcoins connect rupiah from indodax account directly to personal bank account, and i choose the balance of assets under the marketplace menu and click sekor then drag the rupiah.
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April 26, 2018, 07:15:27 AM
 #388

There's so many ways to cash out bitcoin, but for me i prefer to cash out in coins.ph digital wallet, is a trusted wallet in the Philippines and a lot of entities inside of this wallet to transact.

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April 26, 2018, 07:16:46 AM
 #389

From what I know, there are different regulations and laws for exchanges in different countries, so better know the regulations and laws from where you are, just to be safe. To answer your question as to how I do my cashout, well I use my wallet app, coins.ph it is very user friendly and there are a lot more things you can do with it like buy phone load as well as to load your beep card and stuff, but most of all it can help me cashout, convert my coins into fiat and I canwithdraw it from an ATM here. Easy peasy right?
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April 26, 2018, 07:18:08 AM
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In my ewallet it automatically converts itself to pesos whenever I withdraw my bitcoins. As for other currencies, there are several trading platforms that have pairs for fiat currency just check out some trading platforms and read their terms and cons before starting to trade there. There are also ewallets like coinbase, coinsph, blockchain etc that helps you easily converts ypur bitcoins to the currency your using. Or send it directly to your bank account or whatsoever
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April 26, 2018, 07:20:28 AM
 #391

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
We are in crypto world so a lot of exchanges here is using exchange for cryptocurrencies.  I think the best you can do is sell it bitcoin then send to your bitcoin wallet the you can convert to USD. I think that thing is the best you can do.

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April 26, 2018, 07:30:14 AM
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In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes Smiley
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You pay taxes when you already receive cash from bitcoin.

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April 26, 2018, 07:30:56 AM
 #393

I cash out my bitcoin thru cebuana its is a pawnshop and coins.ph is welcome to them and also because itis very near to my house.But in Cebuana there is a charge in every transaction but small amount only.But in my country you can cashout in bank.
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April 26, 2018, 07:40:05 AM
 #394

If you want direct withdrwal to your fiat account search for some local exchange or wallet usually they provide direct bank transfers. Rest it depends upon your country. You will easily find exchanges converting bitcoin to usd, gbp or eur. Its hard to exchange with rest of the currencies.
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April 26, 2018, 07:49:19 AM
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You can cash out bitcoin and altcoins from exchanges. There several exchange sites such as bitter, binance and more others but also dependent on countries dues to restrictions directly into your local bank account.
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April 26, 2018, 07:50:18 AM
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I think every exchange site has a different way to convert bitcoin to usd. I think selling bitcoin via paypal is an easy step to convert bitcoin to USD. CMIIW
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April 26, 2018, 07:51:51 AM
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Your country or location is a main factor to this. there are several local exchanges that directly convert Bitcoin into fiat money and cash it out via remittance, bank deposits, and others. You just need to make a few research in the internet on whether you have local exchanges in your place and of course choose the most reliable one, which everybody uses and before a click you have your money already.
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April 26, 2018, 07:56:14 AM
 #398

I use Localbitcoins.com exchange to sell my bitcoins as their are users who can do bank transfer to my local bank and i dont have to show any proof as this transactions can be shown as any way of input in tax.
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April 26, 2018, 08:05:12 AM
 #399

You can use Cryptocurrency Converters
There is one more way to cash out your bitcoins – use an exchange service allowing you to instantly convert your digital money into dollars, euros or other currencies. You will need to choose what currency you have, its amount and what currency you want to get for it. When the transaction is completed, you can withdraw cash at ATMs using a pre-paid debit card from one of the partner services offered by the site.
To avoid getting tricked out of your money by fraudsters, pay attention to the date when the site was created (WHOIS Search), its ratings and reviews from other users, and the reserve available for your chosen conversion pairs. You can find this information on special aggregators allowing sorting e-currency exchange services according to some specific parameters, like exchange rates or testimonials. This information is usually organized in the form of a dynamically updated chart. Good luck!!!
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April 26, 2018, 08:08:08 AM
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Cashing Out Offline
If you want to sell your cryptocurrency directly and avoid service or cash withdrawal fees, you can meet with a potential trade partner personally at a cafe or some other meeting point. There are special financial services that automatically detect your geographical location and show actual offers in your region.
LocalBitcoins is one of the leading services connecting buyers and sellers online and in-person. You will need to open a bitcoin wallet, mark that you want to sell bitcoins and specify all necessary details of your offer (amount, location).  This website allows users to rate each other, so you may check the reputation of your potential buyer in advance. The service fee is 1%.
Mycelium is another popular website offering its help in finding buyers locally. You can check the trustworthiness of your potential partner, and then discuss your meeting time and location using the chat option.  Once you get paid for selling your bitcoins, you need to confirm the receipt of payment in your account, and the service will complete the transaction.
Of course, you can also find potential buyers on special cryptocurrency forums or Bitcoin conferences, but it can be quite dangerous because you won’t be able to check the buyer’s reputation – you can lose all your money dealing with an unknown person.  Cheesy Cheesy Cheesy
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April 26, 2018, 08:11:49 AM
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Having one choose is Bitcoin Trading Exchanges
Rather than trading with another person, you can find a trading platform combining the features of Forex trading and Bitcoin exchanges. You will need to open an account, place a sell order, state what type of currency you wish to sell and its amount, and define your price. When a similar purchase order is found, the exchange service will complete the transaction.
Kraken allows trading between bitcoins and EUR, USD, CAD, GBP, and JPY. The trading fees are around 0.10% – 0.35%, they vary depending on the quote currency volume. The processing fee that you need to pay for getting paper copies of your communications is $60 per page; the USD bank wire withdrawal fee is $5.
Kraken allows trading between bitcoins and EUR, USD, CAD, GBP, and JPY. The trading fees are around 0.10% – 0.35%, they vary depending on the quote currency volume. The processing fee that you need to pay for getting paper copies of your communications is $60 per page; the USD bank wire withdrawal fee is $5. Wink Wink Wink
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April 26, 2018, 08:14:51 AM
 #402

Some of yall talk about localbitcoin but the prices are much lower than market ones there. Is there at least one exchange like Yobit (I've been using for ether cashout)?

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April 26, 2018, 08:15:01 AM
 #403

Best way to exchange your bitcoin for usd is to go via an exchange. You can generate an adress at the exchange you have chosen and send your coins to that adress. Then you just withdrawl your usd. I would recommend Bitstamp. Have been around for a long time.
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April 26, 2018, 08:16:14 AM
 #404

What about Cryptocurrency Converters?
There is one more way to cash out your bitcoins – use an exchange service allowing you to instantly convert your digital money into dollars, euros or other currencies. You will need to choose what currency you have, its amount and what currency you want to get for it. When the transaction is completed, you can withdraw cash at ATMs using a pre-paid debit card from one of the partner services offered by the site.
To avoid getting tricked out of your money by fraudsters, pay attention to the date when the site was created (WHOIS Search), its ratings and reviews from other users, and the reserve available for your chosen conversion pairs. You can find this information on special aggregators allowing sorting e-currency exchange services according to some specific parameters, like exchange rates or testimonials. This information is usually organized in the form of a dynamically updated chart.  Cool Cool Cool
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April 26, 2018, 08:19:09 AM
 #405

You can also perform all conversion and withdrawal operations yourself using just one multifunctional electronic payment system. For example, you can open a bitcoin account and then withdraw your money using a wire transfer or a prepaid debit card. Thus, you can avoid numerous excessive transactions and fees. Some systems allow storing cryptocurrencies, while others can automatically convert your account balance to USD or EUR.
One of such payment systems offering to save time and money is Woldcore.eu. You can open an individual USD or EUR account and fund it using electronic currencies. The service doesn’t charge the account opening fee or maintenance fee, but you will need to pay 3-4.75% for transferring e-currencies. To get cash, you can order a Worldcore Ultimate MasterCard for $20, the ATM withdrawal limit is $4,000 per day.
So if you have some bitcoins in your wallet, there are many places where you can cash them out at a reasonable price, and your task is just to find the method that suits you best. The next step is to wait when merchants start accepting bitcoins offline to minimize all those intermediary operations. Taking into consideration the growing popularity of cryptocurrencies, it may become reality in several years.  Wink Wink Wink Wink
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April 26, 2018, 08:19:28 AM
 #406

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
Hello there,  when the time that my friends and my classmates introduced this kind of bitcoin, i am very amazed with this because this will gives me an opportunity for me to earn some money in some easy ways.  I asked them how they get their money after they doing this things and they said that through bank and virtual wallet.
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April 26, 2018, 08:34:33 AM
 #407

sometimes I used local bitcoin to cash out bitcoin. You can cashout your bitcoin by selling your bitcoin in the exchange.
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April 26, 2018, 08:43:06 AM
 #408

I cash out my bitcoin thru cebuana its is a pawnshop and coins.ph is welcome to them and also because itis very near to my house.But in Cebuana there is a charge in every transaction but small amount only.But in my country you can cashout in bank.

we can easily convert btc into fiat thru our wallet. We have a  bitcoin wallet here in our country which you can use to transfer fund easily like coins.ph,there you can pay bills online and specially convert btc easily anytime, anywhere.
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April 26, 2018, 08:57:56 AM
 #409

there are markets in local currencies where everyone has their own currency, we can legally send money from the bank and shoot in the form of bitcoin buy, but there are some standards, of course, when we can get back to cash without any problems
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April 26, 2018, 09:24:42 AM
 #410

Used to cash them through localbitcoins, but recently got my BitPay card with direct conversion from BTC/USD, commision is much less, so $20 paid off in a day or two. Dont get it as some kind of a protion, I didnt use it enough time to make my final conclusions
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April 26, 2018, 09:34:09 AM
 #411

Luckily we have local exchange here in my country, only the fee is quite high 1% and sometimes it can take up to a week even more
But third party partner costs less than that, around 0.5-0.8% and almost instant
I dont know if there is no local exchange, how do we need to cash out our coins

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April 26, 2018, 12:44:38 PM
 #412

you can request withdrawal with your funds after you sell your bitcoin on the exchange.
just be careful about phishing site, just like recently google dns hijacked on myetherwallet.

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April 26, 2018, 12:47:12 PM
 #413

Bitcoin is a physical cash ,you can only cash out through your own local currency but in some country you can buy and sell in bitcoin.
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April 26, 2018, 01:01:50 PM
 #414

Bitcoin is a digital currency you required to convert it in your own local currencynto be able to cashout, here in our country in the philippines, coins.ph is a trusted app that can help you cash in and cash out money in crypto without hassle.

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April 26, 2018, 01:07:23 PM
 #415

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
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April 26, 2018, 01:51:02 PM
 #416

Bitcoin, which is a digital currency, needs to be converted into local currency of a country in order to be cashed out. The methods of converting or exchanges of Bitcoin is dependent to the area of location of an owner, the establishments of that location such as remittance centers and banks, as well as particular services that are available in the owner's location like cash pick-up and door-to-door delivery.

In our country, Philippines, whenever I need to cash-out Bitcoins all I have to do is use my trusted wallet application which is the Coins.ph.
Coins.ph allows me to directly cash out my Bitcoins into the local currency of our country without converting it first into our local currency prior to the transaction. Nevertheless, if the wallet owner prefers to convert the Bitcoin into our local currency prior to cash out, it could be done.

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April 26, 2018, 01:54:58 PM
 #417

everybody will do that if the circumstances benefit us to do a bitcoin cashout
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April 26, 2018, 02:01:05 PM
 #418

in a few months ago until now, I use localbitcoin and my friend which help me to cash out my bitcoin and I am very happy because the fee is not too big for me so I still get that money with safe. I never use the exchange to send the money to my account because it needs too long to see the money arrives in my bank account so, with a little help from my friend, I can get that money in less than one hour so I can go to the ATM to take the money.
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April 26, 2018, 02:01:36 PM
 #419

Using local exchange to cashout the bitcoin in form of your local money. Each country has a different currency just looking for an exchange that offers to do that or people could just use a third party service to cashout the bitcoin. Bitcoin will not complicate its users as long as people know how to outsmart that.

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April 26, 2018, 02:07:47 PM
 #420

in a few months ago until now, I use localbitcoin and my friend which help me to cash out my bitcoin and I am very happy because the fee is not too big for me so I still get that money with safe. I never use the exchange to send the money to my account because it needs too long to see the money arrives in my bank account so, with a little help from my friend, I can get that money in less than one hour so I can go to the ATM to take the money.
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April 26, 2018, 02:10:36 PM
 #421

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
As far as i know only coinbase has that feature,to convert your bitcoins into USD directly thru their exchange,and most of the major exchanges doesnt offer this conversion,atleast you can find someone in your place who wants to buy some bitcoins directly to to have less transaction fees from exchanges,p2p transactions is the best way to liquidate your coins.

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April 26, 2018, 02:20:40 PM
 #422

When I do cash out, my friend used to help me because they really know how to do it and they are more knowledgeable in everything about bitcoin, as what I can see they exchanged it first to our local currency. So if I were you, you should ask first to the other people who are more knowledgeable and also for the sake of your account also money. In addition, you should be careful for those people who you trust because nowadays there are so many fake people who make you trust them then they will steal your information account or your money.
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April 26, 2018, 02:26:50 PM
 #423

To do business is indeed very profitable to convert the coin of the original currency. can to convert bitcoin into native currency. or it could be for other coins at a price you can adjust yourself
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April 26, 2018, 02:35:05 PM
 #424

Since there is already a external wallet of both bitcoin and ethereum here in our country, thats what im using. From exchangers, there we can convert our bitcoin into eth or bitcoin to fiat. But transaction fees were high. And its bitcoin and ethereum rate is not same as in the other external wallets. Its lower than the price in blockchain. Since its the only way we can exchange our bitcoin into our own fiat, we just use it anyway. Thankful also that it was created despite of bitcoin is not yet regulated in our country.
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April 26, 2018, 02:37:47 PM
 #425

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
Here in my country is easy to convert from btc to fiat. We have an applications to do cash in and cashout direct to the wallet if in case plan to cashout anytime is can use the apps. Always do search where you can cashouts to fiat currency.
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April 26, 2018, 02:40:20 PM
 #426

There is no real exchange of BTC-USD. So what you need to do is move it to your wallet and sell it to people. We are lucky here in the Philippines because we have a wallet that buys Bitcoins and is converted to PHP.
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April 26, 2018, 02:52:40 PM
 #427

Find someone that is willing to buy your coins directly from you,or find some local exchanges who wants to get into bitcoin so that you can avoid big fees from the accounts or exchanges.In my country we can sell our bitcoins in casinos where most of the gamblers are risking their money thru cryptocurrencies because it is the safest way to liquidate bitcoins,without an hassle.

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April 26, 2018, 02:53:43 PM
 #428

Bitcoin is a digital currency you required to convert it in your own local currencynto be able to cashout, here in our country in the philippines, coins.ph is a trusted app that can help you cash in and cash out money in crypto without hassle.
Indeed, coins.ph is trusted here in the Philippines; it is the most popular wallet and a lot of people know the it is secured. This wallet allows all the Bitcoin users to cashout their btc in a easy way.

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April 26, 2018, 02:57:30 PM
 #429

Coinbase, Gemini, Bitpanda, Bitstamp are just a few that you can sell with bitcoin and they can pay you with money via bank transfer or different payment processors, such as Paypal, Skrill, Neteller, etc.
to be honest i buy bitcoin now and invest in tokens.
but any time I can sell using exchangers with many in every country. some exchanges offer to earn money with cash.
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April 26, 2018, 05:48:49 PM
 #430

There are few resources available in the world to convert Bitcoin into cash in today's time. Some people are going to exchange and convert their coin into cash. But there are some such exchanges that are turning Bitcoin into cash. And some Bitcoin ATM is also available in the countries. Since we can ever convert our coin into cash, at this time people get very trouble to convert Bitcoin into cash.Because Bitcoin ATM is not available in all countries so far. But in the future Bitcoin ATM will be available in every country, then people will not have any trouble.

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April 28, 2018, 07:54:13 PM
 #431

in India we have two zebpay and unocoin big purses. One can easily get a bank withdrawal immediately after selling your bitcoin on this platform. What's more interesting is that this wallet has slightly higher bitcoin prices in the market. So, that's pretty profitable too. You can withdraw up to 300 USD equivalent a day, but if you use the money back, you can use the daily limit of a 1000 USD card instead of cash. This is a PITA; You will visit at least 4 or 5 minimum stores to complete this task. So for bigger money, you should use an exchange that allows deposits directly to fiat (most obvious) or use LBC. LBC cooling reporting requirements; after that, you have to explain to someone what you do with all that money. I just use a simple method to convert bitcoin into the currency of my desire through an exchange where there is no problem and the tax is also very low.
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April 28, 2018, 08:02:17 PM
 #432

That may be a problem if you are in a country with restrictions on bitcoins exchange.There are local exchanges in different countries that can convert bitcoins directly to your local currency,you have to add your bank details.See the one for you country.Luno is what i use for example when i need fiat.
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April 28, 2018, 08:16:11 PM
 #433

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

Ive always used a long-standing pee-to-peer trading site to buy/sell direct using bank transfer (not sure I'm allowed to mention other sites here so I wont)- I find it a heck of a lot easier that waiting to transfer fiat in/out of exchanges in any traditional way!
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April 28, 2018, 08:58:28 PM
 #434

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
Here in my country is easy to convert from btc to fiat. We have an applications to do cash in and cashout direct to the wallet if in case plan to cashout anytime is can use the apps. Always do search where you can cashouts to fiat currency.
My friend says that in Ukraine it is very easy to transfer bitcoin into fiat through the Kuna exchange (https://kuna.io/?lang=en). Verification is not necessary and withdrawal of money to a bank card takes several minutes.

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April 28, 2018, 09:43:29 PM
 #435

there are platforms and apps you use to change bitcoin to USD. apps like luno help you do that with a little transfer charge.  you can read up how to use it online
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April 28, 2018, 09:54:42 PM
 #436

you can check coinbase or hitbtc where you can link your account with your bank and make the withdrawal to your bank account or if you find someone to sell your btc locally in localbtc would be a better option.

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April 28, 2018, 10:10:09 PM
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With the help of wallets and exchanges, I can dilute the bitcoin. In the future the cost of converting bitcoin will decrease and bitcoin can be used anywhere pad one day. Cool
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April 28, 2018, 10:14:55 PM
 #438

Most exchanges does not deal with FIAt , instead they deal with BTC or ETH only this is done because if they use FIAT they have to uup their game and get a ton of permits and comply with many regulations.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.

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April 28, 2018, 10:20:28 PM
 #439

For me Local bitcoins is the quickest but that comes with a slightly less overall return. Transferring from coinbase to my account in the UK via a SEPA transfer can take up to 7 days which is way too long if the money is needed. But I would recommend local bitcoins for sure
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April 28, 2018, 10:26:25 PM
 #440

Most exchanges does not deal with FIAt , instead they deal with BTC or ETH only this is done because if they use FIAT they have to uup their game and get a ton of permits and comply with many regulations.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
true this is how the cycle of cash out the bitcoins for you have to convert it for but if this is automatically bitcoin there is no problem you can cash out it for, using local wallet at last.

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April 29, 2018, 06:22:42 AM
 #441

easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.
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April 29, 2018, 07:11:53 AM
 #442

 I don't know which exchange do you use but I think you bit supports this transfer and withdraw money (usd , euro , ruble...) I remember I deposited and withdraw many times using ruble with payer  bank , also I read somewhere Bitrex supports this option too
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April 29, 2018, 07:42:21 AM
 #443

Bitcoins are point of fact the most intriguing of the current monetary forms, be that as it may, how about we backpedal to the subject of our article and discover how to money out the bitcoins. As it turned out, it is as basic as changing dollars for hryvnia or rubles inside the Web Money framework. Right now there are numerous assets that can trade bitcoins, for instance, for other electronic cash. This will help you a standout amongst the most celebrated assets for discovering exchangers Best Change, which you can read about in our article "Gainful exchangers of electronic cash."
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April 29, 2018, 10:03:28 AM
 #444

I cash out BItcoin through my local exchanger LUNO it buys BItcoin from me and deposit my local currency to my bank account within 3business days.  I'm also a verified seller on many exchangers so I cash out through that means also that's if I'm in need of some cash urgently

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April 29, 2018, 10:25:25 AM
 #445

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
We have legit exchanger in our country coins ph,we can easily transfer and convert our bitcoins to fiat,vice versa.It is also easy to send converted bitcoin  to our ATM cards for fast and easy transactions.This is already known here in our country because of its good service providers,and convenient to use.
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April 29, 2018, 01:09:40 PM
 #446

In each country there are different ways to transfer bitcoin in to cash. But in my country is so easy to convert bitcoin in to cash and cash out. because here is a local money changer anywhere connected to the bitcoin wallet.
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April 29, 2018, 01:19:00 PM
 #447

 bitcoin reserve in coinbase and then I exchange my bitcoin in online and cashout my local money. then I send my whole cash in bank 
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April 29, 2018, 02:12:25 PM
 #448

easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.

we can convert bitcoin into fiat thru our wallet, we can choose a nice bitcoin wallet which we can use to transfer our money easily, we can also pay our bills online and many more.
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April 29, 2018, 02:38:25 PM
 #449

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.
In Philippines we have coins.ph it is an application for cellphones and also for website that is used to transfer bitcoins from exchanges directly to the application and send it to bank and that is how we cashout bitcoins.
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April 29, 2018, 02:40:14 PM
 #450

In philippines, very common method to cash out through ATM and pawnshops. Famous bitcoin wallet in philippines is COINS.PH. This wallet has php wallet and btc wallet and in their latest update,they added eth. I converted my btc into my php wallet and i can widraw through a cardless atm(bank) or through pawnshops.
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April 29, 2018, 02:48:09 PM
 #451

In philippines, very common method to cash out through ATM and pawnshops. Famous bitcoin wallet in philippines is COINS.PH. This wallet has php wallet and btc wallet and in their latest update,they added eth. I converted my btc into my php wallet and i can widraw through a cardless atm(bank) or through pawnshops.


This same as what you did. COINS.PH is legally use here in the Philippines and it is the only application which recieve either bitcoin or etherium.

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April 29, 2018, 02:49:19 PM
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From what I know, there are different regulations and laws for exchanges in different countries, so better know the regulations and laws from where you are, just to be safe. To answer your question as to how I do my cashout, well I use my wallet app, coins.ph it is very user friendly and there are a lot more things you can do with it like buy phone load as well as to load your beep card and stuff, but most of all it can help me cashout, convert my coins into fiat and I canwithdraw it from an ATM here. Easy peasy right?
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April 29, 2018, 02:53:37 PM
 #453

Since I started working in bitcoin, I used local division to sell my Bitcoin.
I think this is a convenient and safe way to sell Bitcoin. And the money sold will be transferred to my bank account and deposited. Later, I collected money from the bank account.
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April 29, 2018, 03:03:01 PM
 #454

You can use Coinbase to convert your bitcoin into US dollars and transfer it into your bank account. But, for my I used to transfer my bitcoin into my indodax account which is I can sell bitcoin into my local fiat currency (IDR) and then i can transfer it into my bank account.
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April 29, 2018, 04:52:21 PM
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after trading you want to You can use Coinbase to convert your bitcoin into US dollars and transfer it into your bank account. But, for my I used to transfer my bitcoin into my index account which is I can sell bitcoin into my local fiat currency (IDR) and then i can transfer it into my bank account.
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April 29, 2018, 04:54:46 PM
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Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

We usually do not try to spend our Bitcoins in a useless way because I think losing a Bitcoin is now so expensive and we are currently accumulating it since it since bull run is starting to happen any time now.
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April 29, 2018, 05:07:22 PM
 #457

Actually, i never cashed out any of my cryptocurrencies. Why? Because i want more. So i even dont know how and where to cash out. So i just heared about people who cashed out on different exchanges. But for me it will take some years before i cash out, if i will ever cash out before it will everything be without any value Grin But i think the most exchanges who trade with fiat currencys can transfer you money to your bank account. So i dont have to worry to find any exchange who will cash out.
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April 29, 2018, 05:17:51 PM
 #458

With the help of wallets and exchanges, I am able to cash out bitcoins. Maybe in the future too mich fees in converting bitcoins will be lessen and bitcoin can be used anytime anywhere someday.
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April 29, 2018, 05:22:38 PM
 #459

Hello, i'm kind of new into crypto currency, I am currently trading on few exchanges. But i noticed all of the exchanges use bitcoin to deposit and withdraw, also no matter what coin you trade use bitcoins. So when you decide to withdraw your bitcoin and convert to USD, how do you go it? I don't see any option in any exchange, which is very weird.

After you convert it to USD you can wire it to your bank account with your local currency.
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April 29, 2018, 05:27:14 PM
 #460

At the begininig I was often using localbitcoins. I have good experiences and if you find trusted seller there this could be the most convenient and the easiest way to cash out Bitcoin on various options.
But since Bitcoin debit cards appeared I use only that, both for paying or for cash out at the ATM. Currently this is the fastes and the most convenient way for me.

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April 29, 2018, 05:33:24 PM
 #461

for indonesian, I use indodax and Luno to sell my coins to IDR and then I withdraw it to my bank account. in indodax you also can transfer your money to foreign bank. but for USD, you can use localbitcoins.
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April 29, 2018, 05:37:20 PM
 #462

There are certain websites where you can trade Bitcoin with people or trade it to another digital format. You can also use coinbase to cash out to USD.
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April 29, 2018, 05:38:58 PM
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Yes Bitcoin is being too much used on almost all the exchanges. Now when I was new to Bitcoin and have no bank account I use to transfer all my coins to my local trader which I have found from local Bitcoin site and since then I used him for trades. So now I have got a bank account and so he sends my Bitcoin directly to my bank account.When you send your fiat to your bank account, try a smaller amount first, some banks in the EU are starting to stop transfers coming from Crypto exchanges, and sending back it to the exchange. You can search for the name of your bank in the forum to check if there were any problems when others were wiring back funds from exchanges.


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April 29, 2018, 06:43:03 PM
 #464

i use localbitcoins & coinsph to cashout, or just ask my friend to cash it out for me.
easy and no hassle at all.

i hope we will soon ditch fiat, so we can use bitcoin to its full potential.
cashless society ftw!
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April 29, 2018, 07:06:37 PM
 #465


through localbitcoin
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April 29, 2018, 08:00:11 PM
 #466

I'm using coins.oh wallet,its very convenient and easy to transact either cash out or cash in and many entities inside the wallet that you can transact also like billing payment, bank deposit, online shopping etc.

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April 29, 2018, 08:07:41 PM
 #467

I am using a lot of websites in order to exchange bitcoins for fiat.. It is easy, i just sell it to a buyer and it is done.

It is full of local buyers here in my city, they all are desperated to buy some coins.
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April 29, 2018, 08:09:37 PM
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through localbitcoin

Looks like there is still some lacking when it comes to cashing out and localbitcoin and still the mostly answered here.
Maybe a business like that is hard to make profit with thinking you are leaning on how much the bitcoin market would be.

I am also using this when I really need the fiat but it would be better to minimize the number of the sold bitcoin as always.
Someday it will grow like nobody expects it and will be more valuable than the fiat we are using now.
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April 29, 2018, 08:18:58 PM
 #469

There are many ways to cash out Bitcoins, all depending on the country where you prozhivate and what site you use for trading, all individually.
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