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Author Topic: Can I transfer bitcoins to my bank account?  (Read 727 times)
Tatzky
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January 30, 2018, 10:26:42 AM
 #121

Diffinitly No.
But you can change it to your money the money in your country, if your wallet doesn't have the property to connect to bank account then send it to another digital wallet where in you cannot make transfer....

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January 30, 2018, 10:27:37 AM
 #122

Presently you can't transfer Bitcoins to your bank. Bitcoin required a special type wallet, work on block chain and a specific algorithm. In future banks will also use blockchain technology then it will be possible to transfer Bitcoins to bank.
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January 30, 2018, 10:31:26 AM
 #123

for now like it still can not, because in my country are many banks that reject the existence of Bitcoin but do not know also in other state banks if anyone received Bitcoin..



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January 30, 2018, 10:32:12 AM
 #124

can not. I think the bank does not accept bitcoin unless you first convert bitcoin to fiat, then can send it to your bank account. unless a bank receives a transaction with bitcoin.

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January 30, 2018, 10:35:13 AM
 #125

I dont thinks, no. Currently no bank allows bitcoin deposit. Maybe in the future. Lets hope.

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January 30, 2018, 10:35:35 AM
 #126

Can I transfer bitcoins to my bank account?
I think yes you can transfer your bitcoin thru bank account. But it depends to bank if they allowed or accept bitcoins. Because not all bank are they allowed to receive bitcoins.
Lorna t
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January 30, 2018, 10:40:46 AM
 #127

 Smiley before anything else about transferring a bitcoin to another bank I think that whatever you say I do what I should do is really insecure as a bitcoin to currency trading with your country and then transfer really uses your bank account .and account too.and it depend on the registration really worth the the money and then pass it on taxation so I'm careful that you which to another bank and then if you say you can and have a bitcoin on the bank account well it's really correct as any currency its the world of reason to change for a currency before getting your account the other one is just like you will receive this say a pound in the bank account. The bank can exchange for ourselves with the bitcoin that really has this idea with an exchange on your own .
genology
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January 30, 2018, 10:49:37 AM
 #128

There's no direct transfer from Bitcoin to bank account. However, there are e-wallets that you can use to convert your Bitcoin into your country's currency and cash it in the bank.

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alonrono
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January 30, 2018, 10:50:54 AM
 #129

Can I transfer bitcoins to my bank account?
No and i don't think you will be abele in the future.
The Bitcoin created just in the other prepuce. that every person control his one money and there aren't a body that run it for him.
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January 30, 2018, 10:55:07 AM
 #130

As i know direct deposit of BTC to your bank account won't happend . But I watched clip " how to transfer your bitcoin to bank account " . You can consult
https://www.123vid.net/video/how-to-transfer-your-bitcoins-to-bank-account-dfb7d92e368ff7e831331f.html
 good luck  Kiss
slackcryptoz
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January 30, 2018, 10:55:16 AM
 #131

Can I transfer bitcoins to my bank account?
I think yes you can transfer your bitcoin thru bank account. But it depends to bank if they allowed or accept bitcoins. Because not all bank are they allowed to receive bitcoins.
Around the world very few banks accept bitcoin. So, it is upon the locality you reside and if what you have asked is to convert bitcoin to fiat, then it is possible. Almost each and every bank gives access to the bitcoin related transaction, and with some there are limitations in the transaction value.
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January 30, 2018, 11:03:03 AM
 #132

Of course you can - but first you must sell the BTC, perhaps to localbitcoins.com, if it is available in your country - if not you will need to find a reputable buyer locally - beware of scammers and even robbery! So if you managed to register on a selling site (we will ignore the meetup) then after transferring the Bitcoin, to sell it is put into escrow. IMPOTENT: when you set up the sale, a reference is asked for, DO NOT WRITE Bitcoin / BTC / Cryptocurrency etc, there is a massive risk and likelyhood of your account being shut down by the bank!!! Remember also to check your bank account balance to see if funding has occurred BEFORE releasing the BTC out of escrow!
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January 30, 2018, 08:55:11 PM
 #133

Its not possible to transfer bitcoin directly to our bank account because obviously its a digital currency banks will never accept it. So selling your bitcoin to fiat first before you can transfer the money to your bank.
Kaan53
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January 30, 2018, 09:58:07 PM
 #134

Of course you can transfer but you can convert another currency to download cash in cash.
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January 30, 2018, 10:34:46 PM
 #135

Can I transfer bitcoins to my bank account?
There are two ways to transfer bitcoins to a bank account, direct way that is unsafe if you transfer them directly to a governmental bank account they will easily track your identity, they will sue you and question you from where you got the bitcoins, and there is the indirect way which i recommend you change your bitcoins to cash and simply transfer them to a bank account.

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January 31, 2018, 02:18:12 AM
 #136

In our country which is Philippines there is a app supported by the bank. We can withdraw our cash in banks. But we must convert our Bitcoin (BTC) to Philippine Peso (PHP) in their app first. Their are only specific bank that is supported by this app. I don't know to other countries if they have this kind of application.
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January 31, 2018, 10:08:29 AM
 #137

Can I transfer bitcoins to my bank account?
No and I don't think you be abele in the next few years.
The main purpose of the Bitcoin is to have money with out having someone control it, and if the bank will manage it for you take out the all purpose of Bitcoin.
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January 31, 2018, 06:59:05 PM
 #138

Directly you can not do that.Some Country's Bitcoin is not using and they will not give the access for transfer bitcoin to your bank account.But there are more easy ways to convert your bitcoin to fiat money.You can use cex.io to transfer bitcoin.But there Service Charges are Expensive.You can convert your bitcoin to fiat money by trusted Bitcoin Sellers.That's the most easy way to transfer your bitcoin to fiat Currency.
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January 31, 2018, 07:16:39 PM
 #139

No, you can not transfer Bitcoin to your bank account.Bitcoin has not yet recognized any bank. Because Bitcoin is completely illegal. You can make it online through various exchanges in USD doller and you can withdraw money.
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January 31, 2018, 07:23:25 PM
 #140

No right now its not posssible,BTC is digital currency.Bank accept fiat money.First you have to convert your BTC to cash and then you can able to make this transaction.For this purpose you can sell your BTC to your friends,colleagues,relatives or you can make account on Local BTC and there you can sell your BTC and in this way you bank account receive cash into your account.Right now this is the only way.However if in future banks start accepting BTC in their circles then this will be possible...
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