Ways to Cashout Crypto

[GreenBits]

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?

Try Localbitcoins, Coinbase, or CEX.io (high fees, but a pretty straightforward verification process now). You can do paypal, but be very careful. this is generally frowned up because folks have the ability to cash back, if the payment gets reversed, your bitcoin is still going to be gone with no recourse (cant reverse a txid). localbitcoins should allow you to withdraw bitcoin to fiat to a bank account, or to meet up with someone in person. if you go the meetup route, please be careful! well lit, well trafficked place during the peak of business hours, or the police station/a library/ a supermarket.

handle it like you would if you were buying something off of craigslist.

[DRAWDE_3691]

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 are so many ways to cashout a crypto, the method I am using is the P2P (peer to peer) were you have to use oyur localbitcoins flatforms, you can already convert it to your currency with a very little charging fee, then send it to your bank account or any money express. That's what I have been using ever since I started earning.
If you have the guts and trust to someone you know, can do face to face.

[p3ppymon]

I have seen uquid accepting a huge amount of altcoins. I have not tried that service yet, but I think I am going to open an account. If anyone can share a feedback if you have used already such service. It would be appreciated.

[benjamin11]

There are a lot of ways to cashout cryptos. You can use bank transfer, remittances, or you can send directly to your local cypto wallet.

[duocnguyen]

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 are many ways to convert bitcoin into real money
For example, they create a paypal account, link the visa master card with the paypal account and transfer it.
Thanks to visa and master card we can bring ATM to withdraw cash
This is my opinions

[Singwala]

Many companies offer their services so our crypts can be bought on Fiat money's. Like Coinbase, Blockchain Wallet. Here we are given the opportunity to withdraw our bitcoins in money. But if our crypts are altcoins you need to go through the exchanger and replace it with the BTC. Of course many fees will be paid.

[dificanovi]

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?

if i get crypto money i will sell it in etherdelta. after that I will make to bitcoin at bitcoin.co.id after that I will transfer to the ATM for my take the form of cash.

[kiver]

i have to say first that bitcoin is a real money but of course it's not accepted by the whole world yet you might need sometime some fiat to cover some personal expenses (until crypto gets accepted every where ) if you are in europe or south america it will be easy to get a visa card for bitcoin likee xapo,spectrocoin, advcash, but if you are from another continent you can try localbitcoins this is the only way if you want some cash i hope this helps you friend my regards..

[AjithBtc]

Many companies offer their services so our crypts can be bought on Fiat money's. Like Coinbase, Blockchain Wallet. Here we are given the opportunity to withdraw our bitcoins in money. But if our crypts are altcoins you need to go through the exchanger and replace it with the BTC. Of course many fees will be paid.

Yes several exchanges were offering the service to withdraw money to the banking accounts with some sort of fee as well limitations in the withdrawal. Other than this it's good to use the trading websites similar to localbitcoins which provide access to different traders based on the locality.

[Bruce1614]

There are a lot of option to cash-out your crypto. Example is finding a wallet software or website whereto store your coins that has a withdrawal option. Also you can convert it into BTC then send it to the wallet. You can now withdraw it like in Coinbase.

[Kemarit]

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?

Try Localbitcoins, Coinbase, or CEX.io (high fees, but a pretty straightforward verification process now). You can do paypal, but be very careful. this is generally frowned up because folks have the ability to cash back, if the payment gets reversed, your bitcoin is still going to be gone with no recourse (cant reverse a txid). localbitcoins should allow you to withdraw bitcoin to fiat to a bank account, or to meet up with someone in person. if you go the meetup route, please be careful! well lit, well trafficked place during the peak of business hours, or the police station/a library/ a supermarket.

handle it like you would if you were buying something off of craigslist.

Personally, I would go with the Localbitcoins routes. Face to face is the best thing do, but as GreenBits pointed out, you need to be cautious and look for a trusted member and meet up should be a place where there's plenty of people around, don't meet in an alley or something that you are not comfortable. We are just lucky that we have our local exchanges that will give you the option to convert bitcoin to fiat in an instance and you can go to a bank withdraw it without having a physical card, they will just provide you with a 16 digit code and a pin code. Then you can still transfer your converted fiat with a lot of banks.

[yamortsac]

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

We have the same application, and i can say that it's a good converter of bitcoin to local money and vice versa, then I easily transfer it to a bank account to withdraw the money whenever i need it.

[Malaya]

There are various ways to cash out your crypto currency like for example bitcoin. You can cash it out to USD using a bitcoin wallet app. Like in the Philippines, there is an app used by millions of people to cahs out their bitcoin by simply following the instructions on the app. The amount equivalent can be cash out through the bank account you want to put and that will be reflected automatically in few hours depending on the quota.

[worldtraveller321]

to cash out BTC or any other currency? is going to sell option the only way? there is no way to just directly cash out?

[Wowcoin]

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?

I'm here in Philippines bitcoin have easy to way cash out in here i used bitcoin local wallet have different methods to cash out the bitcoin. I can use bank and remittances to get the money.

[Xabad]

There are several ways to convert your bitcoin into fiat currency. You can use online exchanges to do it or you can sell it to a person who wishes to buy your bitcoin.

[Brama Jasa]

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?

how to monetize bitcoin? you can exchange it at the exchange of BTC to USD after that you can widraw to your bank account

[irienoodles]

in our country - you can convert your coins to cash then deposit it on your bank account, claim it at a remittance center, have it delivered at your door, convert it to mobile money, or convert it to a cash card. 

[detector]

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

Bitcoin IS my money

...

What he means is fiat / his currency

I'm usually convert bitcoin into fiat with trusted local exchanger. It's easier for me to do transaction using bitcoin so I'm sure every country also have their local exchanger

[tinystone26]

I think you can exhange it in local application like in our country they made an android application that can convert Bitcoin to our money. And if you want to exxhange it just search your local exxhanger that you use.