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Author Topic: How Do You Cashout BitCoins?  (Read 3000 times)
mkcube
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April 23, 2018, 03:34:16 AM
 #281

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
 #282

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
 #283

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
 #284

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
PatronRH
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April 23, 2018, 06:33:08 AM
 #285

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
 #286

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
 #287

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
 #288

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
 #289

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
 #290

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.

ladyinredcoins2018
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April 23, 2018, 08:08:53 AM
 #291

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
Mercy21
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April 23, 2018, 08:09:56 AM
 #292

 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
 #293

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
 #294

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
 #295

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
 #296

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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pekavcilar01
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April 23, 2018, 11:24:22 AM
 #297

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
money1122
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April 23, 2018, 11:41:59 AM
 #298

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
 #299

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
AliMan
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April 23, 2018, 12:11:50 PM
 #300

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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