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Author Topic: What is your favorite way to cash out?  (Read 3157 times)
talaveraa
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February 10, 2018, 03:49:31 AM
 #141

How do you process it? Can you please send any site or tutorials how to do it.. thanks Smiley have a nice day
hovrah
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February 10, 2018, 09:41:26 AM
 #142

Cashing out will be less and less a problem, when economy will become more and more tokenized and fiat will lose its importance when everyone will realize it is toilet paper baked on false debt.
I think that there is nothing to understand, because it is feat that is a more desirable and easy way for people to pay for goods and services. The fact that many people do not have any money is a completely different matter, but the ease of using Fiat speaks specifically for their preferences.
almtu
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February 10, 2018, 10:44:06 AM
 #143

This is the exciting things that I would experience for I did not yet experienced to cash out. I will chose to cash out in bank coz bank herein our country aaccept bitcoin ways. So hope I will experience that. I guess to cash out is part of crypto life for exchange of everyones services.
Badboy[BTC]
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February 10, 2018, 11:20:42 AM
 #144

I usually put the money directly onto the card via the stock exchange Yobit. In my opinion, this is the most convenient exchange for withdrawal
iljamlnk
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February 10, 2018, 11:34:26 AM
 #145

You can withdraw the Crypto-currency in real money through reliable crypto-currency online exchangers. There is a trusted exchanger -Prostocash
johnpeter49
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February 10, 2018, 02:33:29 PM
 #146

Cashing out will be less and less a problem, when economy will become more and more tokenized and fiat will lose its importance when everyone will realize it is toilet paper baked on false debt.
I think that there is nothing to understand, because it is feat that is a more desirable and easy way for people to pay for goods and services. The fact that many people do not have any money is a completely different matter, but the ease of using Fiat speaks specifically for their preferences.

It is not because you don't understand that there is nothing to understand.

Cryptocurrency are likely to totally change the economic system, which is not sane today. But I don't speak in very short term of course (that is why I used the word "will"). I simply say that at some point, the problem of cashing out will disappear, because it will be very easy to buy things with it like with fiat today. Big companies will mint their own token, and the states will continue to lose the influence they have already began to, and with it, the fiat currencies, which have no more value than the power of the states to impose it to the populations.

Moreover, concerning cryptocurrencies, the first rule is to buy only what you are ok to lose, so you don't need this money, and it would be too bad to cash it out, to spend it in a snack or in a pair of shoes. Remember the 10000 btc pizza.

Cryptocurrencies are a long time bet.
andiko
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February 10, 2018, 02:43:28 PM
 #147

The most convenient way is directly through the exchange with a credit card binding or through localbitcoin.

tawfiquecse
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February 10, 2018, 03:48:05 PM
 #148

Directly from my bank account or some new friend investment.

wow, you are so lucky man.. You can withdraw money to ur direct bank account.. But in my country we can't withdraw from bank.. Because bitcoin transaction is illegal here Sad .. So we are having trouble when we need to cash out our money.. We withdraw money by other option which is really disgusting for us and waste of times..
Sid3d
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February 10, 2018, 04:01:22 PM
 #149

Recently, I began to use the service epayments.Very convenient and now the tax services do not follow me Smiley
ETHtotheMOON1
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February 10, 2018, 04:05:24 PM
 #150

depends on where are you from. I use online exchanges, mostly hitbtc. They're sometimes lagging but always get back to live and support almost all new currencies, which is what I like to trade.

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EcoBike
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February 10, 2018, 04:34:43 PM
 #151

I Usually charge my money with Coinbase.  But i use Lykke for the cash out
MURONDI
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February 10, 2018, 08:07:31 PM
 #152

try using luno, I sometimes use luno to send money from crypto to bank, in luno listed some countries who can wear them, try to check whether your country listed there.
Pennyblocks
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February 10, 2018, 08:18:30 PM
 #153

Why has no-one mentioned LOCALBITCOINS.COM yet??
Easiest way and if it doesn't work in your country like in mine, use a VPN!
orkoso
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February 10, 2018, 10:03:21 PM
 #154

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

If I earn enough I will move to a bitcoin friendly jurisdiction and wait for a while before cashing to avoid taxes, and then chose where I want to settle.
orkoso
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February 10, 2018, 10:04:20 PM
 #155

Why has no-one mentioned LOCALBITCOINS.COM yet??
Easiest way and if it doesn't work in your country like in mine, use a VPN!

Local bitcoins is fine, as it is local monero, but I don´t think it works for large ammount, as there is too much risk IMO. But for something in the range of 10 or 20k should be fine.
dUCiLe
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February 11, 2018, 01:27:22 AM
 #156

use cex.io exchange sell cryto on there exchange then withdraw the usd to your linked credit card?
Torsha
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February 11, 2018, 01:37:07 AM
 #157

I do not cash much now. I keep the coins in HOLD.
Previously, I used advcash. Then for the residents of the Russian Federation, the cards were closed. Now switched to epayments.
sehoon
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February 11, 2018, 02:50:31 AM
 #158

I only know one way to cash out. Here in our country, we use coins.ph to cash out and before the money goes to that site, I use MyEtherWallet. I haven't experienced any interference with my transactions.

nniecan001
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February 14, 2018, 06:47:31 AM
 #159

I only know one way to cash out. Here in our country, we use coins.ph to cash out and before the money goes to that site, I use MyEtherWallet. I haven't experienced any interference with my transactions.
Confirmed, from the Philippines! But sometimes, the coins.ph has a lot of problem but it's quite good and fast than the other process ( MVP: the cash out in Security Bank Atm ) , do you agree?
susunyonya
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February 14, 2018, 12:33:34 PM
 #160

I have two ways of cashing out my bitcoin here in my country. I can sell btc to other people for fiat money (cash) or withdraw to the plactic card.
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