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Author Topic: How Do You Cashout BitCoins?  (Read 3001 times)
Oasisman
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February 05, 2018, 12:24:28 AM
 #181

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.
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February 05, 2018, 03:59:20 AM
 #182

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
 #183

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
 #184

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
 #185

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
 #186

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
 #187

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
 #188

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
 #189

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
 #190

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
 #191

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

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February 19, 2018, 06:23:27 PM
 #192

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
 #193

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
 #194

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
 #195

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
 #196

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
 #197

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
 #198

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
 #199

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
 #200

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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