Ways to Cashout Crypto

[worldtraveller321]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

[1715597371]

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[1715597371]

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[1715597371]

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[1715597371]

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[1715597371]

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[DannyHamilton]

As being new to the crypto currency world. I like to know how do you cash you your money?

Bitcoin IS my money

such as taking your crypto and taking it out into real money?

Bitcoin IS real money.

eg transfers to paypal?

Oh.  You mean how do I convert my real Bitcoin money into physical local currency and local currency accounts with service providers?

I generally try to avoid that as much as possible.  Why would I want to convert my real appreciating asset into some depreciating worthless government debt?

However, when I do need local currency for some reason, I typically use either Coinbase or Localbitcoins

etc. what methods suggested?

I typically use either Coinbase or Localbitcoins

[Emerge]

There is also credit card for cash out. For example one of them is monaco card.

[xsaints128]

You can easily cash out your bitcoins using Localbitcoins. It's the best and easiest method to cash out. But beware of them scammers as they are everywhere nowadays.

[Rubick99]

You must sell your crypto to USD, go to an exchanger to trade your crypto. And then you can withdraw with your account bank

[bitart]

There is also credit card for cash out. For example one of them is monaco card.

Does Monaco started already? I mean shipping out cards, because according to their thread they're still struggling  https://bitcointalk.org/index.php?topic=1926269.6100
Depends on the physical location (in US, in EU, etc..) there are some working cards, eg. for EU there's XAPO, but they give you little limit without KYC and AML authentication.

[howard.ashoul]

There isn't one single answer for all of the people.

• It depends on your country of residence.
• What documents are you able to provide to exchange.
• How fast it has to be.
• Etc. ....

You can check out this comparison  http://www.coinparator.com/compare-exchanges/  and find exchange, that suits you best. Generally P2P exchanges should give you higher exchange rate, but there's also possibility of a scam. As you're dealing with other people and not them directly.

[Bakemat]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

In my country there's an application in android that can convert the bitcoin into my money country. And after that it is easy to cashout because i convert the bitcoin into my money country just like a Gcash or other paypal ,atm , paymaya. Or what. This application is called Coins.ph

[GoldenOrder]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

For those of us who are not from countries (USA, UK, etc) that are allowed to sell or buy in coinbase and such, then use localbitcoins.

[crzy]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.

[alfstep]

The only way I know is using local exchange by selling our coin to our local currency
If there is no local exchange in your country it might be a bit difficul, for you have use global exchange to convert your coins with USDT, using tether to convert USDT to USD and withdraw to your bank account

[cryptobullx]

Cex.io is great platform to cash out bitcoin money. extra fast transactions. try it.

[Kulitha]

I use cex.io to cashout my crypto . BTC and Eth can be cashout to usd and we can add those usd to our credit or debit card .

[wooch4aeye]

transfer to paypal is so risky method. use exchange sites need too many docs.
 i have prepaid card that used it to cash money from my wallet (paying for sites and gifts)

[Moesee]

Use a good exchange that supports BTC to USD
And that's supported in your country.

[dillo666]

Firstly transfer your BTC from your Ether wallet to Blockchain account.
If you are living in India then you can transfer these in Unocoin account then to your Indian bank account after selling these on Unocoin.

[streetlight]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

Depends on your place because I can easily convert my btc into fiat money with the platform of our wallet. Maybe you need to look for more convenient way on your place, but hey crypto is the future just hodl and enjoy your profit later on, bitcoin is a real money that you can use.

The best ways to cash out crypto are if you know people that are looking to buy. This way you can sell them safely and cheaply. If you start having to use third parties then this is where it gets a little more costly as there are fees to the process. You can use online exchanges which have less fees but require more info. Then you have Bitcoin ATMs which are convenient, but have higher fees.

[Nikola.Sok]

You can try to sell it on the stock exchange. The withdrawal of funds from Bitcoin-Exchange takes from 1 to 3 days. You can also buy for bitcoins something in the online store. To buy for bitcoins hosting services, to rent a server. Go to a restaurant or bar and pay off the bitcoins (while in Europe)

[bear100]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

You can try to use shapeshift or changelly. Those are good services.
Or there are some projects, which allow you to spend crypto from the card directly, without any third party services.
Try bonpay.com . BTC wallet and card, which can be loaded from the wallet. No additional convertations or transactions.
Exchanges are not reliable as those services. Exch can be hacked or just block your account without any warning.

[audaciousbeing]

As being new to the crypto currency world. I like to know how do you cash you your money?

such as taking your crypto and taking it out into real money?

eg transfers to paypal?

etc. what methods suggested?

There several ways to cash out bitcoin at this time and other new ways are opening up every day. A peer to peer website like paxful will give you the myriad of options that you can make that happen without necessarily having to convert into cash or bank in other stay away from the prying eyes of government or its agencies.

On website such as the one I said, you can convert to AliPay, bank cash deposits, western union, Itunes card, gift card, wired transfer, movie tickets, Payooner, Perfect Money, Square Up, and a whole of options you can choose from depending on which one suits your need. Just look at the internet and there are answers there for you.