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Author Topic: Best way to get fiat from crypto?  (Read 286 times)
TooDumbForBitcoin
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February 26, 2018, 10:52:37 PM
 #21

in your case you do not have a visa or mastercard you can use localbitcoin or local ethereum where they offer a way to change your cryptos coins to fiat through bank transactions to your debit account, in P2P form.

Yep localbitcoins is a great and widely used service with garant feature. Localethereum is something new, I need to try it



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BettingTips
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February 26, 2018, 10:54:44 PM
 #22

Hi guys, I did some investment in crypto from long time but, never sell it for fiat or don't have any master or Visa card to spent my crypto. So any suggestions what is the best method to get some fiat currency for crypto and any recommend card to spend and how can I get it. I live in UK. Thanks.

In my opinion, the exchange of fiat money will depend on the country. As in the UK, after exchanging in large exchange floors like Binance, Bitrex, Bithumb ... they will withdraw the Coinbase wallet then sell to convert into fiat money and switch to VISA card. So you should be able to VISA to be able to contain fiat money. Or you can also find an internal trading floor of your country to be able to trade cryptos to convert to fiat money Smiley))

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March 01, 2018, 06:05:52 AM
 #23

You said you invested money into cryptocurrency, but you didn’t mention where you invested the money. I don’t know how you managed to invest that money, but whatever way you managed to get that money into that place, you can also get it out the same way.

If your plan is to withdraw it using a debit card, then move the Bitcoin into a wallet that offers MasterCard card to its users and use it to withdraw from Atm.
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March 01, 2018, 07:00:41 AM
 #24

I was looking into using SaltLending to get large amounts out. Take out a loan for the amount you need. Than default on the loan and keep the fiat.

PHYSIBIT, MANTIS CRYPTOS & CRYPTO QUILTS - The best and most trusted places to shop for physical bitcoins and more!!
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March 01, 2018, 02:32:06 PM
 #25

You said you invested money into cryptocurrency, but you didn’t mention where you invested the money. I don’t know how you managed to invest that money, but whatever way you managed to get that money into that place, you can also get it out the same way.

If your plan is to withdraw it using a debit card, then move the Bitcoin into a wallet that offers MasterCard card to its users and use it to withdraw from Atm.
I used coinbase. They don't support GBP beside, charge so much.
bestr17
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March 01, 2018, 04:37:36 PM
 #26

Coinbase is good way. Coinbase is known for its ease of use as well as its availability in many different countries.
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March 01, 2018, 05:33:40 PM
 #27

Hi guys, I did some investment in crypto from long time but, never sell it for fiat or don't have any master or Visa card to spent my crypto. So any suggestions what is the best method to get some fiat currency for crypto and any recommend card to spend and how can I get it. I live in UK. Thanks.

Doesnt' the bitwala work on the UK? I think they are probably the best bitcoin to fiat service in Europe, and are now trying to create a bank system, that would allow you to sue credit and debit card, and have easy access to both crypto and fiat. A lot of crypto card providers had problems because of Visa blocking their services, but I think this will probably work now.

Here are some news from cointeleghraph, and you should also check bitwala website.
https://cointelegraph.com/news/germany-blockchain-service-bitwala-introduces-crypto-first-banking

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suzanne5223
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March 01, 2018, 05:51:01 PM
 #28

Hi guys, I did some investment in crypto from long time but, never sell it for fiat or don't have any master or Visa card to spent my crypto. So any suggestions what is the best method to get some fiat currency for crypto and any recommend card to spend and how can I get it. I live in UK. Thanks.
In other for you to get your crypto currency for fiat currency, all you need to do is register a secure crypto currency exchange site which support credit, debit card or bank transfer and with exchange like bitwala, cexio, luno, cryptogo, bitpay etc. You can achieve whatever you want to do with your cryptocurrency. Besides, with a bit google search you can find all what you need by youreself mate.

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March 02, 2018, 01:09:48 AM
 #29

With GDAX, you can deposit or withdraw fiat directly using your bank information to or from your Coinbase account. You can either initiate a bank transfer for free or wire money the same day for a deposit fee of US$10 or a withdrawal fee of US$25. U.S. bank accounts can also use ACH to send money, while European accounts can use SEPA. GDAX charges a 0.25% fee for BTC taker trades and a 0.3% fee for ETH and LTC taker trades. There are no fees for maker trades on the exchange.
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