How Do You Cashout BitCoins?

[Miaaajos]

Having one choose is Bitcoin Trading Exchanges
Rather than trading with another person, you can find a trading platform combining the features of Forex trading and Bitcoin exchanges. You will need to open an account, place a sell order, state what type of currency you wish to sell and its amount, and define your price. When a similar purchase order is found, the exchange service will complete the transaction.
Kraken allows trading between bitcoins and EUR, USD, CAD, GBP, and JPY. The trading fees are around 0.10% – 0.35%, they vary depending on the quote currency volume. The processing fee that you need to pay for getting paper copies of your communications is $60 per page; the USD bank wire withdrawal fee is $5.
Kraken allows trading between bitcoins and EUR, USD, CAD, GBP, and JPY. The trading fees are around 0.10% – 0.35%, they vary depending on the quote currency volume. The processing fee that you need to pay for getting paper copies of your communications is $60 per page; the USD bank wire withdrawal fee is $5.

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[pri3oner]

Some of yall talk about localbitcoin but the prices are much lower than market ones there. Is there at least one exchange like Yobit (I've been using for ether cashout)?

[Casinoextreme]

Best way to exchange your bitcoin for usd is to go via an exchange. You can generate an adress at the exchange you have chosen and send your coins to that adress. Then you just withdrawl your usd. I would recommend Bitstamp. Have been around for a long time.

[Briannass]

What about Cryptocurrency Converters?
There is one more way to cash out your bitcoins – use an exchange service allowing you to instantly convert your digital money into dollars, euros or other currencies. You will need to choose what currency you have, its amount and what currency you want to get for it. When the transaction is completed, you can withdraw cash at ATMs using a pre-paid debit card from one of the partner services offered by the site.
To avoid getting tricked out of your money by fraudsters, pay attention to the date when the site was created (WHOIS Search), its ratings and reviews from other users, and the reserve available for your chosen conversion pairs. You can find this information on special aggregators allowing sorting e-currency exchange services according to some specific parameters, like exchange rates or testimonials. This information is usually organized in the form of a dynamically updated chart. 

[Edsel_Miller]

You can also perform all conversion and withdrawal operations yourself using just one multifunctional electronic payment system. For example, you can open a bitcoin account and then withdraw your money using a wire transfer or a prepaid debit card. Thus, you can avoid numerous excessive transactions and fees. Some systems allow storing cryptocurrencies, while others can automatically convert your account balance to USD or EUR.
One of such payment systems offering to save time and money is Woldcore.eu. You can open an individual USD or EUR account and fund it using electronic currencies. The service doesn’t charge the account opening fee or maintenance fee, but you will need to pay 3-4.75% for transferring e-currencies. To get cash, you can order a Worldcore Ultimate MasterCard for $20, the ATM withdrawal limit is $4,000 per day.
So if you have some bitcoins in your wallet, there are many places where you can cash them out at a reasonable price, and your task is just to find the method that suits you best. The next step is to wait when merchants start accepting bitcoins offline to minimize all those intermediary operations. Taking into consideration the growing popularity of cryptocurrencies, it may become reality in several years. 

[Sedorikku]

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.

Hello there,  when the time that my friends and my classmates introduced this kind of bitcoin, i am very amazed with this because this will gives me an opportunity for me to earn some money in some easy ways.  I asked them how they get their money after they doing this things and they said that through bank and virtual wallet.

[jayden1101]

sometimes I used local bitcoin to cash out bitcoin. You can cashout your bitcoin by selling your bitcoin in the exchange.

[florinda0602]

I cash out my bitcoin thru cebuana its is a pawnshop and coins.ph is welcome to them and also because itis very near to my house.But in Cebuana there is a charge in every transaction but small amount only.But in my country you can cashout in bank.

we can easily convert btc into fiat thru our wallet. We have a  bitcoin wallet here in our country which you can use to transfer fund easily like coins.ph,there you can pay bills online and specially convert btc easily anytime, anywhere.

[chickenfried12]

there are markets in local currencies where everyone has their own currency, we can legally send money from the bank and shoot in the form of bitcoin buy, but there are some standards, of course, when we can get back to cash without any problems

[HaroldFinch]

Used to cash them through localbitcoins, but recently got my BitPay card with direct conversion from BTC/USD, commision is much less, so $20 paid off in a day or two. Dont get it as some kind of a protion, I didnt use it enough time to make my final conclusions

[alfstep]

Luckily we have local exchange here in my country, only the fee is quite high 1% and sometimes it can take up to a week even more
But third party partner costs less than that, around 0.5-0.8% and almost instant
I dont know if there is no local exchange, how do we need to cash out our coins

[hakertajniak]

you can request withdrawal with your funds after you sell your bitcoin on the exchange.
just be careful about phishing site, just like recently google dns hijacked on myetherwallet.

[phelbaby]

Bitcoin is a physical cash ,you can only cash out through your own local currency but in some country you can buy and sell in bitcoin.

[Sab11]

Bitcoin is a digital currency you required to convert it in your own local currencynto be able to cashout, here in our country in the philippines, coins.ph is a trusted app that can help you cash in and cash out money in crypto without hassle.

[tera linh]

Maybe you should change to an exchanger that provides deposit and widraw to fiat currency, then move your coins there first.

[ArkiCrypto]

Bitcoin, which is a digital currency, needs to be converted into local currency of a country in order to be cashed out. The methods of converting or exchanges of Bitcoin is dependent to the area of location of an owner, the establishments of that location such as remittance centers and banks, as well as particular services that are available in the owner's location like cash pick-up and door-to-door delivery.

In our country, Philippines, whenever I need to cash-out Bitcoins all I have to do is use my trusted wallet application which is the Coins.ph.
Coins.ph allows me to directly cash out my Bitcoins into the local currency of our country without converting it first into our local currency prior to the transaction. Nevertheless, if the wallet owner prefers to convert the Bitcoin into our local currency prior to cash out, it could be done.

[Bet9ja111]

everybody will do that if the circumstances benefit us to do a bitcoin cashout

[renggileh]

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.

[mitchr4]

Using local exchange to cashout the bitcoin in form of your local money. Each country has a different currency just looking for an exchange that offers to do that or people could just use a third party service to cashout the bitcoin. Bitcoin will not complicate its users as long as people know how to outsmart that.

[schatzi]

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.