What is your favorite way to cash out?

[tanjim18]

BTC is my Favorite way Cash out.

[SalmanMJ9]

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.

I live in Germany and I believe many options around but would like to hear first hand experience  Luno looks interesting, I'll check it out and thanks for the tip 

[SalmanMJ9]

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.

This sounds interesting! Where do you live?

[Rano]

I normally buy litecoin and send it to coinbase. Litecoin seems to have low transfering fees and is pretty fast. Also I got more than I would get if I would buy ethereum.

[reflector]

I normally buy litecoin and send it to coinbase. Litecoin seems to have low transfering fees and is pretty fast. Also I got more than I would get if I would buy ethereum.

I do have the wallet on Coinbase but it does not support to sell and buy the cryptos in my country. That too litecoin exchanges directly for cash it does not work here buddy. From the day I started into bitcoin earning. I am using the localbitcoins.com
It is so good to convert the bitcoin into cash for the long time but last year onwards they started asking deposit fees to convert the bitcoins to cash. It is really good see the high valie when compare with the other price checking site with the traders in LBC.

[Gabmot]

I cash out in eth,,, cos it is highly recommended in my country. I think its cool.

[ProfitIsland]

I use different exchanges (Bitcoin - cash).

[SalmanMJ9]

I normally buy litecoin and send it to coinbase. Litecoin seems to have low transfering fees and is pretty fast. Also I got more than I would get if I would buy ethereum.

I heard many people doing the same, also Coinbase meant to have a quite low fees compare to the rest. Looking forward to Bread getting into the market, competitions would lower it even more 

[skeincoin]

or just buy gold or silver

[maeusi]

In earlier times there were good debit cards for cashing out Bitcoin and altcoins. In Austria Vienna seems to be Bitcoin ATM, were not only Bitcoin can be baught, but also be cashed out. I cash out through BitPanda, that has fair rates and very quick delivery.

[Bunsomjelican]

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. 

Here in my country, I most often cashing out my bitcoin thru my bank account and remittances only.  This can only be done by simply using coins.ph were this site was affiliated to all remittances we had here in my place also connected to all banks too.

[Lyne01]

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 used myetherwallet to convert my tokens to ethereum. From ethereum, i convert it to bitcoin going to my bitcoin wallet which is a local bitcoin wallet in my country. Then, I encash my bitcoin though a remittance center or money encashment centers. Usually, if they are small amounts, we can use them but if it is big amount, we need the help of the bank and we cannot get away from that.

[OriginTrain]

I use kraken since they offer International USD withdrawals and are easy to deal with. However in the last month they've been slow and the site went down a lot before the upgrade. Will have to wait a few more weeks to see if they can restore their customer service and platform to the way it was a year ago.

[Kryptonitka]

Hi.I use special monitoring, in which a lot of exchange offices with different rates and reviews about their work are collected. I also use special bots for telegrams, for the exchange of cryptocurrencies.

[SugoiSenpai]

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

I agree. Local dealers are more convenient than banks, Banks are riskier specially transacting through ATMs, It can be difficult to cash out large amounts of money when using ATMs, if you are not careful in ATMs then You can easily lose money mostly because of mistyping the value you need to cash out. Whilst in Local dealers, We can just say the amount we want to cash out, transactions are much faster and much safe.

[lenovo16]

In our place, coin.ph is the most use wallet for bitcoin. Here we can hodl and trader for a small time. It also has a special feature where we can cash out through out own bank account. Although there are some fee to paid. I believe that it is more trusted than any other. You can also prove by experiencing their very convinient services.

[ashaksagnis]

i m using Bitstamp to receive money by SEPA transfer to my bank account.
Before that i used skrill and neteller. But there is huge fees. If someone wants to withdraw money through skrill or neteller. Remember that you will not be able to withdraw it at once after a bitcoin deposit. First you need to deposit money thru bitcoins to your skrill and then you need to send money to your neteller or other skrill account to withdraw. i dont know why is that. If I had to choose now the skrill and the neteller would be the last option to take the money out. Very bad option.
That will be costly. like i said - huge % fees.
And I also had the case that I deposited money to skrill and then transferred money to neteller for withdraw . I could not get withdraw. Then I sent back to the skrill and then i could. It seems like a scam... be carefull with skrill or neteller.

[sureshnsnet]

I like to suggestion to localbitcoins is best site cash because of I am done more than 100 deals with any issue so the best way to Cash out there and have More payment options is there so you can do deals.

[Darmold]

Done some through Localbitcoins, but mostly through the local dealer. I'm concerned because of taxes.
I mean I want to pay them, but it can't be done in my country. On the other I can't prove them how I earn it.

[upisdown]

Well, I directly withdraw my funds to bank account or I ask my friends to purchase directly from me to save bank fees.