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Author Topic: How Do You Cashout BitCoins?  (Read 2420 times)
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November 06, 2017, 05:30:28 PM
 #141

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
 #142

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
 #143

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
 #144

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
 #145

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
 #146

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
 #147

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
 #148

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
 #149

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
 #150

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
 #151

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
 #152

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
 #153

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
 #154

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
 #155

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
 #156

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
 #157

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
 #158

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
 #159

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.

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December 18, 2017, 08:29:12 AM
 #160

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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