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Author Topic: How do you withdraw money from Bitcoin?  (Read 743 times)
Nancy Lisa (OP)
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December 04, 2017, 07:10:26 AM
 #1

How do you withdraw money from Bitcoin?
btsjungkook
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December 04, 2017, 10:39:08 AM
 #2

My way to withdraw my money from bitcoin is using Coins.ph. Because Coins.ph is the only one in the philippines that provides to convert bitcoin to peso.
olehgol260
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December 04, 2017, 12:48:07 PM
 #3

How do you withdraw money from Bitcoin?

put to any exchange available in your country and exchange for fiat. Fiat is then can be either converted to your local currency. But to answer more specifically, you should provide the country or even ask in the country's forum section
Rubberduck59
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December 04, 2017, 01:20:33 PM
 #4

Excatly, you sell the bitcoin to an exchange. In Denmark i usually use Copenhagen bitcoin. they usually buy it for a little under the market price but the easiness of it makes it worth for me

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December 04, 2017, 01:40:42 PM
 #5

You can sell it using many exchanges and the amount will get credited to your bank account provided with the exchange.
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December 04, 2017, 01:55:11 PM
 #6

How do you withdraw money from Bitcoin?

You can use https://cex.io and you can also use neteller and skrill

for neteller and skrill you should do the following:

- First step

create account on neteller and skrill

- Second step

verify account on neteller and skrill ( add your card to your skrill account )

third step

you deposit bitcoin in the neteller and transfer the money from the neteller to the skrill, then you withdraw the money from the skrill for your bank card (visa card)









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mirte86
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December 05, 2017, 06:38:34 PM
 #7

I have the same question... so I follow, I have an additional question. If you want to withdraw how long does it take. Can it be done for example in one hour or should I think about one day?

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December 05, 2017, 06:39:14 PM
 #8

How do you withdraw money from Bitcoin?

Once I sold 100 worth of BTC in Local Bitcoins .. try it out , seems to be a trustwhorty company.
neosone
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December 05, 2017, 06:51:32 PM
 #9

I use https://www.bitstamp.net/ for withdrawal. Here you can change bitcoin to eth, ltc, bch and of course to usd and euros. I've been using for almost four years now. I am extremely satisfied with this company. But there are many such companies. Just choose.
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December 05, 2017, 07:15:42 PM
 #10

I think "withdraw" is not the proper word here. Yeah it makes sense that bitcoin is your money and you are getting it in a "Cash form". But I think there is a difference here. Let's put it this way. You have some dollars and you wish to own some euro. Then what you are going to do? You are going to exchange it or you might say "sell' it for euro or "buy" euro with dollars. It's not like you are withdrawing euro. I think you got my point.
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December 06, 2017, 03:18:34 AM
 #11

I am very grateful for these answers, answered many of my questions, and I hope that the community is getting better and better
MIZANUR5033
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December 06, 2017, 05:51:34 PM
 #12

The best method is, finding a site in your country. Those who do business in Bitcoin Exchange. They will accept your bitcoin and pay the dollar or local money. Smiley
thinkpad99
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December 06, 2017, 06:27:36 PM
 #13

How do you withdraw money from Bitcoin?

I've heard about paying in some countries differently. You must find out quickly from some user in your country where you have coins.
OGteamcrypton
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December 06, 2017, 06:30:44 PM
 #14

Im a fan of local Bitcoins. They do require KYC to identify yourself, but its reputable.
By far the easiest way to do it is to exchanges. Coinbase is an option, though I hate them personally.
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December 08, 2017, 06:31:45 AM
 #15

How do you withdraw money from Bitcoin?

There is many ways to withdraw money from bitcoin, here in the Philippines were using Coins.ph application to convert the bitcoin to peso and after that we make a transaction order to withdraw the converted bitcoin to peso in registered money changer or bank.
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December 08, 2017, 07:00:32 AM
 #16

How do you withdraw money from Bitcoin?

One option not mentioned yet are using one of the several Bitcoin debit cards. The options available to you depend first on what country you live in. Then there are two different types of cards:

1) Direct withdrawal of bitcoin from your wallet for the fiat based purchases you make, or

2) Prepaid loaded debit cards, which require you to sell Bitcoin for fiat to load the card for fiat purchases.

Bith are easy ways to use your bitcoin as currency.
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December 08, 2017, 09:24:20 AM
 #17

Telegram bot BTC banker and localbitcoins.
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December 08, 2017, 10:11:16 AM
 #18

How do you withdraw money from Bitcoin?

localbitcoins is very good to sell your bitcoin to fiat money
and there are many marketplace, it's depends where do you live. but recommeded on localbitcoins

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December 08, 2017, 12:31:24 PM
 #19

Im using coins.ph as my wallet and im just convert it into our local currency and send to remittance, that's it. Very simple to withdraw my money from bitcoin .
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December 08, 2017, 01:49:25 PM
 #20

You may want to check these services

https://www.cryptocurrencyhelp.com/exchange-bitcoin-to-cash/
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