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Author Topic: How Do You Cashout BitCoins?  (Read 3002 times)
phixo9x
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April 25, 2018, 02:25:53 AM
 #321

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
 #322

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.
d0flaming0
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April 25, 2018, 02:41:28 AM
 #323

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
 #324

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
 #325

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.

yron51
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April 25, 2018, 02:51:28 AM
 #326

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 💕
luisell
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April 25, 2018, 02:54:53 AM
 #327

from my favorite online income program to coinsph to my bank or remittance centers.
Tanjima
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April 25, 2018, 03:44:37 AM
 #328

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
 #329

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
 #330

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
 #331

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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Mishnagan22
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April 25, 2018, 05:08:21 AM
 #332

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

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April 25, 2018, 05:11:43 AM
 #333

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.

boksoon
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April 25, 2018, 05:26:05 AM
 #334

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

ethereumhunter
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April 25, 2018, 06:38:55 AM
 #335

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.

fargoway
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April 25, 2018, 06:41:08 AM
 #336

Local exchanges do all the work. I have never faced any problem to cash out BTC
Revolvere
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April 25, 2018, 06:43:33 AM
 #337

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.
19nataliya12
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April 25, 2018, 06:43:42 AM
 #338

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
 #339

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
 #340

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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