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Author Topic: How Do You Cashout BitCoins?  (Read 3002 times)
ronsaldo
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March 01, 2018, 01:17:50 PM
 #201

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
 #202

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
 #203

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March 01, 2018, 01:20:20 PM
 #204

Bitcoin,hmmm what is it?
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March 01, 2018, 03:24:26 PM
 #205

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
 #206

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
 #207

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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March 01, 2018, 03:46:05 PM
 #208

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
 #209

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
 #210

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
 #211

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
 #212

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
 #213

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
 #214

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
 #215

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
 #216

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
 #217

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
 #218

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
 #219

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
 #220

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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