What is your favorite way to cash out?

[SHAWN-MIDWAYS]

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 use to use crypto to visa exchanges but not anymore as some of my cards are not functional for now but my favourite way of cashing out is through a local dealer which in my opinion is more safer but only disadvantage is markup is a little high for local dealers, sometimes I often exchange my cryptos for gift cards when a friend wants something bought for them.

[unsquidly]

I have only cashed out small amounts of money and for that local bitcoins is a great way to do it, you just put there the mount of bitcoin you want to sell, if you want to get a fast sell just give a fair price and you will have a buyer in no time, if you use a face to face trade you can cash out without any problem and without leaving a trail but if you want to cash out a big amount of money you will have to use an exchange.

[triforce03]

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. 

It depends where you live and accessibility, here in the Philippines I used remittance center in cashing out my cryptocurrencies with Coins.ph exchanger, but my global purpose exchanger is KuCoin. Some banks here are prohibiting any crypto transaction, once they found out that your bank account has cryptocurrencies transactions, they will close it immediately. In western countries like US/Canada tend to use Coinbase as their way of cashing out.

[uzitgc]

Currently, the only site that we are using is localbitcoins (either money transfer or bank transfer). Here in our country some buyers are easy to communicate with but I had an experience wherein the buyer wanted me to release the bitcoin and they will pay half and other half the next day, the good thing is I declined the offer and I found out that there were negative feedback on him.

[NASer122]

I tend to look for friends around me, or people who trade on the Internet, and I think that's a good idea.

[DigitalFox]

Converting crypto to my local currency on local exchange and them transferring straight into my bank account always worked for me.

[iLoveMFB]

Why do we need cash out? We are here to earn BTC, not to make cash, so make no mistake. Have faith in BTC.

[Pebryan]

Why do we need cash out? We are here to earn BTC, not to make cash, so make no mistake. Have faith in BTC.

in the end everyone needs cash for the necessities of life. because here we can collect BTC, it's one alternative to earn money apart from working in the real world.

[icoprofits]

i sell coins in local bitcoin decentralized and escrow payments enabled so transactions are more reliable safe i suggest best way from governments is localbitcoins

[pidonkmo]

it depends on where you live. if you doing a transaction with other countries you can use local bitcoin. you only put the amount of bitcoin you want to sell, then there is a buyer. if the amount is big, you can do an exchange.

[CptThomas13]

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.

[Pennyblocks]

The only reason we all wanna cash out is because we dont have opportunity to pay our stuff in crypto.
Instead of cashing out, we should try and get more people into crypto space, mpre acceptance, so that it gets used more, gets higher volume and gets more stable.

So hey who has a plan for that? How to get higher acceptance?

And what of https://localbitcoins.com

[rolleth.io]

unfortunatly in my country it's still unregulated so I cannot just easily cash it out I have to find someone who's gonna send money to my card through forums

[wattson]

I would like the Internet would not write as I put in it)) I Have friends online exchanger is good, help when necessary) In General, the Internet is better not to write on such topics)

[ValorouS]

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 plastic card.

[ai5998865]

My favorite way is e-payments system, its easy, low fees and safety way for cash out! money come on a plastic card

[IcoBale01]

I think that localbitcoins.com is the best way to cash out our profits or crypto-currencies, since it is available in most countries. So you can find traders in your country and you can contact them personally in order to withdraw big money without being involved in the bank agrees because it will cost us tax.

[1BTC EQUALS 1CAR]

We have a local exchange here in our country where we can easily sell bitcoins to fiat or vice versa. Then to be able to withdraw it, we can cash it via bank or money remittance and the good part is they charge no fees when we cash out.

[alrez]

The way cashout I like the most is using the trusted xchanger service in my country. Fast response and cheaper transactions cost.

[tolgahanuzun]

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. 

For output to fiat I use the site epayments. They have a minimum commission and a good service for servicing