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Author Topic: What is your favorite way to cash out?  (Read 3108 times)
SalmanMJ9 (OP)
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January 22, 2018, 05:21:42 PM
 #1

Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Fredyink
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January 22, 2018, 07:17:08 PM
 #2

Local dealer. Fast transaction, untraceable Smiley
I avoid banks and such because of tax.
For small amounts it is ok.
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January 22, 2018, 08:07:17 PM
 #3

I would very much like to have such a possibility with neteller or skrill, but there is no such option. I withdraw money from my friend

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January 22, 2018, 11:17:10 PM
 #4

Directly from my bank account or some new friend investment.
SalmanMJ9 (OP)
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January 22, 2018, 11:21:05 PM
 #5

Local dealer. Fast transaction, untraceable Smiley
I avoid banks and such because of tax.
For small amounts it is ok.
[/quote

 I try as much to avoid bank fees and this is actually what I did last time. However, I found it a bit inconvenient as it requires some research for the first time to find a trustworthy local dealer  Embarrassed
SalmanMJ9 (OP)
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January 22, 2018, 11:22:00 PM
 #6

Directly from my bank account or some new friend investment.

How do you do it directly from a bank? I used to have cryptopay cards but they stop it at the moment. Would you recommend any crypto card?
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January 22, 2018, 11:22:04 PM
 #7

Hi everyone,

I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  Smiley

Depending on the amount you have earned, your first step might very well be become a resident of Denmark or any other country with low tax. Then, sell to realise profits and go.

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January 23, 2018, 03:38:10 AM
 #8

Direct transactions via bank and mobile banking.
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January 23, 2018, 04:08:36 AM
 #9


Which country do you come from?
I use Luno, his fee is very cheap. approximately 3 days to my bank account.
Check out the Luno site, whether your country is in the list that Luno supports in withdrawals to local banks.
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January 23, 2018, 06:47:34 AM
 #10

Direct transactions via bank and mobile banking.
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January 23, 2018, 06:54:11 AM
 #11

In my country the best right now is to use Luno,
Sell online and transfer funds to your bank account,
Fees a little higher than others but safe and secure, works for me.
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January 23, 2018, 06:57:44 AM
 #12

In my country i am using 4coins.pl selling btc and bitcoincash.
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January 23, 2018, 07:05:59 AM
 #13

I use three services that are available in my country, but how they work is basically the same, sell my coins to fiat currency and then transferred it to my bank account. I guess most people in my country would do the same, regardless what platform/exchanger they use.

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January 23, 2018, 07:10:58 AM
 #14

You can exchange Crypto with local dealers for fiat. There is a risk but it is the fastest & untraceable way to do. I always do this method to cash out my tokens & cryptos. OR you can use some websites like cex.io. But they have huge fees & you have to verify your identity. As I remember if you have bitcoin, you can also use Skrill & Neteller. When considering cash out from Debit Cards, you can use Wirex.  Wink
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January 23, 2018, 07:24:38 AM
 #15

Can you advise any specialized sites? I was told that it is better to display on a debet card in dollars. I live now in Ukraine.

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January 23, 2018, 07:26:04 AM
 #16

We sell peer to peer in my country and at times i use to sell in local bitcoin, luno and reminato platform..
slavsole2017
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January 23, 2018, 07:29:30 AM
 #17

Bitcoin ATM It's works pretty much like a standard ATM works, except you put cash in to buy Bitcoins or send Bitcoins to the machines address and get cash out INSTANTLY & of course anonymously. The more popular option are ATM's that ONLY buy Bitcoin, but more and more locations that serve both buying and selling are becoming more popular. Now, there isn't one of these on every corner, but luckily we have some great resources.
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January 23, 2018, 07:32:01 AM
 #18

I have no choice but bitcoin as it is the most used coin on our top exchanges. P2p is becoming common too with Ethereum demand keeps increasing.
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January 23, 2018, 08:38:13 AM
 #19

in my country right now since the support for the cryptocurrency is not yet in full swing, there limited ways to cash out your holdings. Some are the remittances center who are accredited by my wallet, but my favourite one is the cardless ATM option by one of the banks here. It seems like the person next to me are wondering how the hell i am withdrawing without using any card and by just using my mobile phone.


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January 23, 2018, 10:15:54 AM
 #20

There are so may ways to cash out money from cryptos on my country, but i prefer to withdraw on an atm machine of the particular bank. It is so convinient bacause it has atm machines almost everywhere. We will just receive some e-card number and a passcode which will be entered to the machine and will cashout without any charge.

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