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Author Topic: How to cash out  (Read 274 times)
sann111 (OP)
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January 06, 2018, 03:57:44 AM
 #1

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
Yhan-yhan
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January 06, 2018, 06:08:15 AM
 #2

I am currently using Bittrex as they have the widest selection of altcoins to choose from. However, they currently do not allow me to buy/sell any with USD. So would this be a good process for me to cash out my altcoins once they reach a preferable level?
 
1) Buy Bitcoin from CoinBase with USD
2) Move Bitcoin to Bittrex
3) Buy altcoins with Bitcoin
4) Store altcoins in Bittrex Wallet until they grow in value
5) Once they grow in value, convert altcoins to Bitcoin
6) Move Bitcoin to CoinBase
7) Cash out Bitcoin for USD
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January 06, 2018, 06:18:59 AM
Last edit: January 06, 2018, 06:55:24 AM by Chalxdon
 #3

I am currently using Bittrex as they have the widest selection of altcoins to choose from. However, they currently do not allow me to buy/sell any with USD. So would this be a good process for me to cash out my altcoins once they reach a preferable level?
 
1) Buy Bitcoin from CoinBase with USD
2) Move Bitcoin to Bittrex
3) Buy altcoins with Bitcoin
4) Store altcoins in Bittrex Wallet until they grow in value
5) Once they grow in value, convert altcoins to Bitcoin
6) Move Bitcoin to CoinBase
7) Cash out Bitcoin for USD
The above is the correct order to cash out USD from Bittrex. You can also cash via P2P
HabBear
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January 06, 2018, 06:23:52 AM
 #4

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?

The guy sharing instructions for using Bittrex are great if you also use Bittrex. I don't think you mentioned which wallet and exchange you're planning to use.

Which wallet do you have your crypto currencies in? Which currency are you starting with (that you want to sell)?

Which exchange do you intend to use for this liquidation/sale? Have you established an account with an exchange yet?

With this information we can give you more specific advice. Looking forward to hearing from you!
Adrin
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January 06, 2018, 06:34:03 AM
 #5

Now a days there are too many system to cash out your coin . Now you can cash out via Payza because payza support now bitcoin.
aakriti
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January 06, 2018, 06:44:52 AM
 #6

I am currently using Bittrex as they have the widest selection of altcoins to choose from. However, they currently do not allow me to buy/sell any with USD. So would this be a good process for me to cash out my altcoins once they reach a preferable level?
 
1) Buy Bitcoin from CoinBase with USD
2) Move Bitcoin to Bittrex
3) Buy altcoins with Bitcoin
4) Store altcoins in Bittrex Wallet until they grow in value
5) Once they grow in value, convert altcoins to Bitcoin
6) Move Bitcoin to CoinBase
7) Cash out Bitcoin for USD
You have already make sufficient exercise to cash out Bitcoin and altcoin. One more is local BTC , where you can cash buy or sell your bitcoin.
stayeduptolate
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January 06, 2018, 06:57:05 AM
 #7

I am currently using Bittrex as they have the widest selection of altcoins to choose from. However, they currently do not allow me to buy/sell any with USD. So would this be a good process for me to cash out my altcoins once they reach a preferable level?
 
1) Buy Bitcoin from CoinBase with USD
2) Move Bitcoin to Bittrex
3) Buy altcoins with Bitcoin
4) Store altcoins in Bittrex Wallet until they grow in value
5) Once they grow in value, convert altcoins to Bitcoin
6) Move Bitcoin to CoinBase
7) Cash out Bitcoin for USD
there are different ways of cash out but I cash out by application called zebpay. Zebpay is a very good application in this first you link your bank account details for open the account in the zebpay after that it need your adhar card also fir verification than after that you can sell your bitcoin in this zebpay and automatically money should come in the link bank account after that you withdraw the money from ATM out directly from bank.
Ismat Morshed
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January 06, 2018, 09:43:12 AM
 #8

There are many system  to cash out bitcoin.Now you cash bitcoin via  local BTC.
aso118
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January 06, 2018, 09:49:45 AM
 #9

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?

The simplest way to cash out is through an exchange like Coinbase, which also deals in fiat. If you have altcoins, you can convert them to bitcoins at any exchange (bitrex, poloniex, binance) and send them back to Coinbase, where you can cash out fiat. Now if you want to cash out, without anybody (the government) knowing, then it is difficult.
Localbitcoins perhaps provides a safe P2P way to cash out, but the margins there are higher.


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tumokatok
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January 06, 2018, 09:53:09 AM
 #10

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?

not difficult to redeem bitcoin, there are several applications one of them is zebpay.di the application you register by linking bank account and credit card manufacture to exchange to atm your bank
cyptotar
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January 06, 2018, 09:56:18 AM
 #11

Or you could cash out using a debet card to get cash from ATM or by using the card at any retailer (online or in the shop itself)

Spectrocoin offers virtual and plastic debet cards for example. You can get one here https://spectrocoin.com/en/signup.html?referralId=498937157
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January 06, 2018, 09:58:54 AM
 #12

if you have BTC, ETH or LTC you can use gdax to cash out .

USD - in God we trust / BTC - in code we trust
caloy06
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January 06, 2018, 10:06:03 AM
 #13

If how to cash out is must complete the level 2 requirements for coin.ph wallet.Please be assured that I get my clearance so I can cash out and need to complete the level 2 requirements requested at the coin.ph wallet.So I got my clearance and put it in the requirements they require and I agree with january 2018. If you get the requirements it's easiest to get the clearance out because you can go online and take 2 weeks to get your money first. of 115 for fee registration.
Turkish88
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January 06, 2018, 10:07:05 AM
 #14

One more way to cash out, find some one near you who want invest in crypto.
second its exchangers but there is high fees, bestchange best site with list of exchangers

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ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
Haxor321
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January 06, 2018, 10:11:14 AM
 #15

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
I most easy way that i can recommend is by using coinbase they have an app an a site go to coinbase and you can easily convert your USD into bitcoin in short you can buy bitcoin using USD in this site and it is also a wallet and it is one of the top bitcoin wallet so you can obviously store your bitcoin in the conbase site and invest in bitcoin you can hold your bitcoin in coinbase and wait until bitcoin market value increases in the market so that you will gain a good profit.
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January 06, 2018, 10:13:39 AM
 #16

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
better to use Exodus wallet more than sites "not recommended with bitcoin" they support many altcoins.
from my experince fastest and cheaspest way is using online sellers from localbitcoin and paxful.
after that met them and pay cash or using bitify escrow.

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January 06, 2018, 10:17:56 AM
 #17

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
I am a Chinese, so I exchange RMB, which is easy. I just need to sell my tokens in China.

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January 06, 2018, 10:43:51 AM
 #18

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
Just use large exchanges like HITBTC, poloniex or bitfinex (and a bunch of others too). Just be sure not to transact all your BTC at once and also be wary that even these large exchanges have scammed people before in the past.

Trade with caution, though IMO the best way to trade bitcoin only right now is to use the website localbitcoins.com.

Its easy to use, and fast. Thats it. Just convert all your alts into BTC, then sell. Selling directly to fiat usually has bad rates.

Smiley
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January 06, 2018, 10:45:17 AM
 #19

Hey guys,

How do you cash out from other currencies including bitcoin and altcoin from exchange site back to USD?
I am a Chinese, so I exchange RMB, which is easy. I just need to sell my tokens in China.
Same with you, i'm a filipino in the Philippines,first we transfer it to our wallet( most of us are using coins.ph as a local wallet) then we just need to convert other coins to bitcoin to become easy converting to our fiat money which is Philippine Peso, then theres instruction from where you can cash it out but only selected banks are indicated but it has many branches.
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January 06, 2018, 10:47:23 AM
 #20

i have cashed out some from kraken, didn't take long (around one week) to get money to my bank account but be aware, in this moment kraken is pathetic, slow, working in degraded mode for months.
Stay away from them until they upgrade their system (which should have been done 1 month ago already).
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