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pasagir
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January 30, 2018, 08:46:31 AM |
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I transfer money to WebMoney BTC-wallet. Then, I bring out in the currency I need or pay for purchases from my wallet.
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lolchina
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January 30, 2018, 09:29:15 AM |
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Cash on hand,have few buyers that i am working with for more then a year so and they dont have to bother with opening new accounts on exchanges or trading in the first place.They just tell me what to buy for them and i sometimes help them with wallet setup,its a good thing for me becuase i am outside eu and cant use sepa but also this way i dont have to pay taxes
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Serental
Newbie
 Offline
Activity: 9
Merit: 0
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January 30, 2018, 09:43:22 AM |
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I like to buy Bitmain miners or random stuff online with Bitcoin and then sell these items for cash locally. Buying Bitmain miners will even net you an additional 50-60% on your investment; sometimes even more!
Of course this option would require patience but pretty much whenever miners popup on Bitmain, I'll buy a few to convert to cash or add to my own mining!
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NeuroticFish
Legendary
Offline
Activity: 3850
Merit: 6585
Looking for campaign manager? Contact icopress!
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January 30, 2018, 09:56:04 AM |
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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 would clearly prefer to buy everything directly with Bitcoin, but that's just not possible in my country. If I buy electronics I do pay directly with BTC, for the rest I have to use cash. I don't like local bitcoins or face to face trade, since I have low trust in people. I don't like to cash out via exchange to bank account because there were too many complaints about bank account closed for "suspicious activity" because of Bitcoin trading. I also don't like to cash out too much in one shot. The options remaining are quite limited. The remaining "favorite" is Bitcoin cards, which I can use for the daily needs. Just, as you maybe know, those are also not really working nowadays. |
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JanEmil
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January 30, 2018, 09:56:37 AM |
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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. In my country (Denmark) Coinbase is very good. 2 days then money is on bank account. I sale at gdax limit sale then no fee. |
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NikuSH
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January 30, 2018, 12:07:38 PM |
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Still I don't know the best way to cash out crypto. Can anybody advice me profit way to get fiat money?
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twinkledthomas
Member
Offline
Activity: 143
Merit: 11
I will win, not immediately but definitely
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January 30, 2018, 12:10:09 PM |
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I will use bank to cashout, bitcoin to zebpay then sell and cashout to bank. This works well for me. Some times even my friends also buy from me.
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Sergo Grigo
Member
Offline
Activity: 280
Merit: 10
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January 30, 2018, 12:15:22 PM |
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I most of all prefer the Advacash system, it is very convenient and they have their own plastic card. I also know the Epayments system they also have their own plastic card.
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lolchina
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January 30, 2018, 12:20:28 PM |
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Still I don't know the best way to cash out crypto. Can anybody advice me profit way to get fiat money?
Sell it face to face to someone you know that isnt that hard as crypto mania is on and a lot of people wont to invest it.Second way is to your bank account depending from what country you are,for example Kraken Bitstamp or cex io for europe or coinbase for usa |
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cryptogandalf
Newbie
Offline
Activity: 16
Merit: 0
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January 30, 2018, 12:25:03 PM |
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I am using SEPA transfer from bitstamp to my bank. Its very cheap and reliable for me to use this process.
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Cryptosaphire18
Member
Offline
Activity: 112
Merit: 10
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February 03, 2018, 10:31:39 AM |
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I am using SEPA transfer from bitstamp to my bank. Its very cheap and reliable for me to use this process.
Nowadays, there are a lot of ways to cash out.But for me,i still don't know what is my favorite. But I do consider also doing some research and check if something what im looking to buy for fiat money can be bought with the cryptocurrency I have. And if you might happen to live in an area where there are ATMs, which for now only exist. Though they charge very hefty fees,but are probably one of the most convenient way or method to cash out (assuming there is one nearby). |
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dumbtool45
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February 03, 2018, 10:46:18 AM |
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Recently, I use my friends to get Fiat, this is the best way, but often it does not work  |
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charlystriker
Member
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Activity: 148
Merit: 10
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February 03, 2018, 11:04:34 AM |
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Recently, I use my friends to get Fiat, this is the best way, but often it does not work I think its depends on how convenient or not for you,the way to cash out.This will be mainly depends on where in the world you are and which currency you wish to exchange.But i likely prefer or most likely favorite way to cash out are through ATMs, which is highly convenient for me because there are a lot of ATM's nearby in my country.There is also what they called a peer to peer exchanges,where you'll find people who are interested in buying the assets you wish to sell or you wanted to cash out. This may be more or less successful depending on what you’re trying to do and how big the market for that is, but if you do find a buyer you’re likely to pay way lower fees than through a traditional exchange website. |
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Mark12115
Newbie
Offline
Activity: 27
Merit: 0
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February 03, 2018, 11:34:28 AM |
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litebit.eu
however they charge fees!
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Mark12115
Newbie
Offline
Activity: 27
Merit: 0
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February 03, 2018, 11:42:24 AM |
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avoid local dealers. just use gdax or litebit that seems the best way!
gdax charges no fee
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kiddeon123
Full Member
Offline
Activity: 291
Merit: 101
https://icoenergy.org/
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February 03, 2018, 12:59:53 PM |
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my favorite way to cash out is via money transfer because it is easy and fast. From my bitcoin wallet I directly send it to a money transfer that was partnered with the my wallet. Cashing out is easy and has lower fees. I also cash out via bank but it takes a longer time to process.
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Protected101
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February 03, 2018, 01:25:55 PM |
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In my country I am using cebuana lhullier the remittance that I am trusted,my favorite way of cash out due to its fast and convinient to transact and receiving my money immediately.I dont want to trust in a bank because of poor and slow transactions when transferring our money.
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smartsan
Member
Offline
Activity: 196
Merit: 10
Spokkz ICO
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February 03, 2018, 02:03:01 PM |
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bitcoin is the best way of the withdraw of the crypto currency.
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cryptokath19
Member
Offline
Activity: 406
Merit: 11
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February 03, 2018, 03:03:40 PM |
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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. Bitcoin is my favorite way to cashout. I often used to cashout using my Gcash mastercard and remittances like Cebuana Lhuillier because here in our country we used coins ph so that we can get our cashout money using this kind of wallet. Its really reliable, fast, convenient and easy to used for every transaction |
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SalmanMJ9 (OP)
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February 03, 2018, 03:16:14 PM |
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avoid local dealers. just use gdax or litebit that seems the best way!
gdax charges no fee
Interesting! Why would you say avoid local dealers? I've seen few comments in this thread recommending local dealer, as it easy, untraceable and usually you can charge a fee if you want. I'd like to know what are the cons of local dealers |
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