What is your favorite way to cash out?

[Aragorn_125]

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 an exchanger with low commissions, of course, you can cash out in different ways, but if the easiest way works and it fits, then why create complexity.

[emberbekas]

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 will mostly send my coins to the local exchange and then sell it there before cashing out my fiat into my bank account. That's the only way I use so far. To this day there is no big issues with it.

[BeGoods]

When am in my home country I used luno and  http://remitano.com  they are  both quite reliable, I sell from the exchange and transfer BTC  or ETH  before I can cash out, Government does not regulate CRYPTO transaction, therefore I do not pay tax, except if the amount you transacting  is quite high in several millions, then the bank might raise an alarm.

in some exchange fees withdraw to the bank include tax from the government, does the local exchange you use ask for a fee to withdraw to cash? I use local exchanges and in my country there are rules about bitcoin so that KYC is applied. and the fee that I pay includes tax.

[efxtrader]

When am in my home country I used luno and  http://remitano.com  they are  both quite reliable, I sell from the exchange and transfer BTC  or ETH  before I can cash out, Government does not regulate CRYPTO transaction, therefore I do not pay tax, except if the amount you transacting  is quite high in several millions, then the bank might raise an alarm.

in some exchange fees withdraw to the bank include tax from the government, does the local exchange you use ask for a fee to withdraw to cash? I use local exchanges and in my country there are rules about bitcoin so that KYC is applied. and the fee that I pay includes tax.

I am using local exchanger too when i want to cash out my coin. Its more easy for me because i can withdraw it directly to my bank account not more than 1hour

[Bravext]

In my country, because if the revenue that oil generates, the tax laws are very linient and it is mostly not enforced at all for individuals, they only take businesses seriously... So I prefer cashing out through my bank, mostly via Remitano.

[Chemcrier]

My favourite method of cashing out is using escrow groups especially those in WhatsApp, it is a very popular method in my country, additionally since crypto enthusiasts tend to be in groups, we usually buy and sell Cryptocurrencies within each other.

[Ranly123]

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. 

Via mobile wallets which can send money to bank accounts or any remittance center. I that way I have cashed out my earnings in crypto but I prefer using my bitcoins in online transactions that having it cashed out.

[KennyR]

There were more ways to cash out bitcoin. Few of which were the use of exchanges, direct cash exchange, online transfer, gift coupons and so on. I personally prefer using localbitcoins.com for all my cashing out needs. Here you have got handful of options in receiving the funds. Few of which were the bank deposits, wallet deposits.

[cynical]

the two times I cashed out was with Coinbase for one which is a bit slow through the bank transfer and as a swap to paypal which I know is risky.
interestingly I haven't paid tax on the Coinbase deposit to my account, I hope this falls under the radar but im sure for larger amounts alarm bells would sound and banks would like to find out where the funds came from.

[Levyathan]

Im just selling it out to my local market so i can meet the buyer face to face without any fees or scam abuse.

[sulendra12]

We have a local exchange that exchanges your crypto assets to flat automatically, have been using their service for like 2 years and I have no problem while using it.

My favourite method of cashing out is using escrow groups especially those in WhatsApp, it is a very popular method in my country, additionally since crypto enthusiasts tend to be in groups, we usually buy and sell Cryptocurrencies within each other.

This could work as well, but be aware for scammers.

[infinitewars]

Nowadays everything has become much easier. There're lots of crypto ATMs f.e., so the question of how to cash out is not so difficult.

[Flex_Master]

The best solution in the issue of cash withdrawal is the appearance of convenient ATMs. Actually this is exactly what happened. The banks' coverage is growing and it pleases.

[iyah adrian]

What is certain is that I invest in altcoin and the ICO project. With that I will get income from crypto. Other things can also be found in crypto. But I better invest in altcoin and ICO to get bigger money.

[letyouearn]

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 prefer Bestchange aggregator, BTC Banker/ETH Banker bots and Localbitcoins p2p exchanger. First - sell my altcoins for bitcoin or ether and then exchange it and get cash or some e-currency.

[Rebisco]

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. 

There is wallet in my country that is commonly using. They have special feature where we can cash out our money through atms and also remittance centers. It is really convenient to use the coins.ph wallet because it has high security and it is easy to cash out.

[SabrinaBianka]

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. 

You can't my platform where I can withdraw or cash out my money. But once you've came here you can use it because you have a passport. He in our country cryptocurrency is freely to use and easy because isn't ban here. Freedom of cryptocurrency is here in our country you need to come first to try.

[trash321]

The best thing today is that I can definitely choose these conventional ATMs that are on the market today, so I believe that now the best thing is that these are ordinary ATMs in Europe. Probably the best ordinary ATM.

[Handalger]

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. 

Well, at the moment I have only one most profitable cryptocurrency exchange in Fiat and this is epayments, it is very convenient to withdraw funds from this platform and not large commissions!

[teriyakiboz]

To withdraw money from cryptocurency, I usually use the safest and easiest method so far, namely via bank transfer, maybe if there is another way that is better, I will think of it