What is your favorite way to cash out?

[KomodoStrikes]

I am using cash remittances center available in our area.
I am enjoying it most of the time though i have to wait for a couple of minutes before i can claim it.
But overall, it's easy, secure, and most of all, it's tax free.

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[Menawi12]

In my country, there is local exchanger and we can deposit and withdraw with local currency. This way make people easily to invest in cryptocurrency market.

[ichai]

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. 

I never withdraw money from major trading floors. I think they can not control all the fiat money transactions. In my country, there is a website for exchanging money from electronic money to fiat money. I usually use it and I think it's safer than big trading platforms. There are a lot of fiat money dealers dealing in some trading platforms like Houbi.

[skylar]

Like this or not but almost all of the people on my country are cashing out this by exchanges crypto with our local currency. I hope that someday we can use this for everyday legal transaction, cause somehow I feel like blockchain are just a little bit fair system compared to the bank.

[shinratensei_]

In my country, there is local exchanger and we can deposit and withdraw with local currency. This way make people easily to invest in cryptocurrency market.

The local exchange site provides the easiest way to withdraw our money and in my country, there was a lot of local services that offer the fast way to withdraw my money just in some minutes. Withdraw through use the direct transfer to our banks needs a lot of time. I just try to avoid that because it needs a lot of requirements.

[belingbanged]

I think the favorite method used by the majority of crypto people is to do transactions directly through banks or mobile banking. In my opinion, this method is very common to use. But to be able to generate good income, you also need a strategy in selling it before you make the transaction.

[icol333]

There's currently no local bank who provide a withdrawal for any cryptocurrencies, but there are some local crypto exchangers available in my country to make a deposit into our bank account within 1-3 work days so it's pretty convenient for me.

[pakhitheboss]

In my country most of us are using localbitcoin or P2P exchanges to cashout. Some local exchange do allow to cashout directly to the bank, but the amount should be small. It is tough nowdays as  there's currently no local bank which will aloow to cashout.

[clipman77]

I use the exchange to withdraw cash directly to my card account, in our country there are several such exchanges that provide this service, it is quite convenient and good.

[mayan251]

There are many OTC platforms. There are all kinds of encryption that can be converted into legal tender. Like https://localbitcoins.com/

[UnDerDoG81]

Like this or not but almost all of the people on my country are cashing out this by exchanges crypto with our local currency. I hope that someday we can use this for everyday legal transaction, cause somehow I feel like blockchain are just a little bit fair system compared to the bank.

That's what many people want in crypto, but in my opinion the practical ability to legalize crypto in countries is quite difficult. Because there are many problems in crypto as well as the requirements of each government in the requested countries. The thing that I expect is the blockchain or ICO startup can make their dream come true

[izay]

Here in the philippines, we use coins.ph to cash out our rewards from crypto works. After trading it into btc or eth, we are able to exchange it into our local currency. This is the easiest way for me.

[defoman]

Every country have their own ways of cashing out of crypto currencies. In my opinion, the universal way is online exchangers or bots in telegram. Also exchanges are gradually introducing trading pairs with USD or EURO. If you do not want to withdraw money to the card, you can use payeer or qiwi account.

[Sevarchik]

My favorite way to withdraw fiat from crypto is selling it by OTC in my local town.
I am find people who want to buy crypto and send him my crypto, is the best way

[FiiNALiZE]

In our local exchange there is a cash outmethod that I always use. It's free and fast, no extra fees or transaction fees

I cash the money that I've earned on an exchange too because it could be completed within 20 minutes.

[tautelar]

Here in the philippines, we use coins.ph to cash out our rewards from crypto works. After trading it into btc or eth, we are able to exchange it into our local currency. This is the easiest way for me.

I find it easier for me to use Bittrex to exchange the coins that I have because it's cheaper.

[Rati24]

Yes, a good question should be displayed on the exchanges that work with fiat currency. But in order to output more quantity you need to first check if this method works. There are many exchanges in which such a conclusion is available, and all the different commissions and the time of receipt of money. I enter the bank card within an hour.

[passwordnow]

I think the favorite method used by the majority of crypto people is to do transactions directly through banks or mobile banking. In my opinion, this method is very common to use. But to be able to generate good income, you also need a strategy in selling it before you make the transaction.

Very common and is favorable to most of the crypto folks. It's very convenient and you can also monitor if your money already arrived to your bank account.

And when that happens, you can see it thru online and when you're good already with it, its withdrawal time.

[zedaq]

I use the most common exchangers that are offered on the Internet, because there is nothing better than just trying to withdraw small amounts in the most usual way on a card, everything is very simple.

[fonengo]

Hi, everybo dy.  :)I have a plastic card Skrill through it quickly and easily withdraw money.