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Author Topic: How Do You Cashout BitCoins?  (Read 3000 times)
Edward Finney
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April 28, 2018, 10:20:28 PM
 #441

For me Local bitcoins is the quickest but that comes with a slightly less overall return. Transferring from coinbase to my account in the UK via a SEPA transfer can take up to 7 days which is way too long if the money is needed. But I would recommend local bitcoins for sure
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April 28, 2018, 10:26:25 PM
 #442

Most exchanges does not deal with FIAt , instead they deal with BTC or ETH only this is done because if they use FIAT they have to uup their game and get a ton of permits and comply with many regulations.
Thus FIAt deposits are rarely seen and the normal way is to use one of these exchanges which deal with fiat , buy some btc and send them over to exchange which has your desired token.
true this is how the cycle of cash out the bitcoins for you have to convert it for but if this is automatically bitcoin there is no problem you can cash out it for, using local wallet at last.


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juiceannabel
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April 29, 2018, 06:22:42 AM
 #443

easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.
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April 29, 2018, 07:11:53 AM
 #444

 I don't know which exchange do you use but I think you bit supports this transfer and withdraw money (usd , euro , ruble...) I remember I deposited and withdraw many times using ruble with payer  bank , also I read somewhere Bitrex supports this option too
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April 29, 2018, 07:42:21 AM
 #445

Bitcoins are point of fact the most intriguing of the current monetary forms, be that as it may, how about we backpedal to the subject of our article and discover how to money out the bitcoins. As it turned out, it is as basic as changing dollars for hryvnia or rubles inside the Web Money framework. Right now there are numerous assets that can trade bitcoins, for instance, for other electronic cash. This will help you a standout amongst the most celebrated assets for discovering exchangers Best Change, which you can read about in our article "Gainful exchangers of electronic cash."
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April 29, 2018, 10:03:28 AM
 #446

I cash out BItcoin through my local exchanger LUNO it buys BItcoin from me and deposit my local currency to my bank account within 3business days.  I'm also a verified seller on many exchangers so I cash out through that means also that's if I'm in need of some cash urgently

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April 29, 2018, 10:25:25 AM
 #447

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.
We have legit exchanger in our country coins ph,we can easily transfer and convert our bitcoins to fiat,vice versa.It is also easy to send converted bitcoin  to our ATM cards for fast and easy transactions.This is already known here in our country because of its good service providers,and convenient to use.
Zagor Tenay
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April 29, 2018, 01:09:40 PM
 #448

In each country there are different ways to transfer bitcoin in to cash. But in my country is so easy to convert bitcoin in to cash and cash out. because here is a local money changer anywhere connected to the bitcoin wallet.
sk700
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April 29, 2018, 01:19:00 PM
 #449

 bitcoin reserve in coinbase and then I exchange my bitcoin in online and cashout my local money. then I send my whole cash in bank 
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April 29, 2018, 02:12:25 PM
 #450

easy friend, you just need to sell your bitcoin to an exchange to usd or other currency.
try coinbase exchange, you can sell it there and request withdrawal.

we can convert bitcoin into fiat thru our wallet, we can choose a nice bitcoin wallet which we can use to transfer our money easily, we can also pay our bills online and many more.

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April 29, 2018, 02:38:25 PM
 #451

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 Philippines we have coins.ph it is an application for cellphones and also for website that is used to transfer bitcoins from exchanges directly to the application and send it to bank and that is how we cashout bitcoins.
Cadalin320
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April 29, 2018, 02:40:14 PM
 #452

In philippines, very common method to cash out through ATM and pawnshops. Famous bitcoin wallet in philippines is COINS.PH. This wallet has php wallet and btc wallet and in their latest update,they added eth. I converted my btc into my php wallet and i can widraw through a cardless atm(bank) or through pawnshops.
Btcmarmipp2
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April 29, 2018, 02:48:09 PM
 #453

In philippines, very common method to cash out through ATM and pawnshops. Famous bitcoin wallet in philippines is COINS.PH. This wallet has php wallet and btc wallet and in their latest update,they added eth. I converted my btc into my php wallet and i can widraw through a cardless atm(bank) or through pawnshops.


This same as what you did. COINS.PH is legally use here in the Philippines and it is the only application which recieve either bitcoin or etherium.

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April 29, 2018, 02:49:19 PM
 #454

From what I know, there are different regulations and laws for exchanges in different countries, so better know the regulations and laws from where you are, just to be safe. To answer your question as to how I do my cashout, well I use my wallet app, coins.ph it is very user friendly and there are a lot more things you can do with it like buy phone load as well as to load your beep card and stuff, but most of all it can help me cashout, convert my coins into fiat and I canwithdraw it from an ATM here. Easy peasy right?
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April 29, 2018, 02:53:37 PM
 #455

Since I started working in bitcoin, I used local division to sell my Bitcoin.
I think this is a convenient and safe way to sell Bitcoin. And the money sold will be transferred to my bank account and deposited. Later, I collected money from the bank account.
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April 29, 2018, 03:03:01 PM
 #456

You can use Coinbase to convert your bitcoin into US dollars and transfer it into your bank account. But, for my I used to transfer my bitcoin into my indodax account which is I can sell bitcoin into my local fiat currency (IDR) and then i can transfer it into my bank account.

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April 29, 2018, 04:52:21 PM
 #457

after trading you want to You can use Coinbase to convert your bitcoin into US dollars and transfer it into your bank account. But, for my I used to transfer my bitcoin into my index account which is I can sell bitcoin into my local fiat currency (IDR) and then i can transfer it into my bank account.
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April 29, 2018, 04:54:46 PM
 #458

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.

We usually do not try to spend our Bitcoins in a useless way because I think losing a Bitcoin is now so expensive and we are currently accumulating it since it since bull run is starting to happen any time now.

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April 29, 2018, 05:07:22 PM
 #459

Actually, i never cashed out any of my cryptocurrencies. Why? Because i want more. So i even dont know how and where to cash out. So i just heared about people who cashed out on different exchanges. But for me it will take some years before i cash out, if i will ever cash out before it will everything be without any value Grin But i think the most exchanges who trade with fiat currencys can transfer you money to your bank account. So i dont have to worry to find any exchange who will cash out.

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April 29, 2018, 05:17:51 PM
 #460

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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