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Question: Best exchange or market for fiat transfer
EXMO - 0 (0%)
GEMINI - 0 (0%)
KRAKEN - 0 (0%)
COINBASE - 1 (16.7%)
Localbitcoins - 2 (33.3%)
CEX.IO - 1 (16.7%)
BITFINEX - 0 (0%)
BITTREX - 1 (16.7%)
BITSTAMP - 0 (0%)
OPENBAZAAR - 0 (0%)
BINANCE - 1 (16.7%)
HITBTC - 0 (0%)
HUOBI - 0 (0%)
Total Voters: 6

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Author Topic: Best exchange to get fiat?  (Read 433 times)
Vlada69 (OP)
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February 28, 2018, 12:45:43 AM
 #1

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!
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February 28, 2018, 01:07:28 AM
 #2

A week ago. Kraken (SEPA EUR). Money arrived within 3 days (amount less than 1k EUR).

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February 28, 2018, 01:12:48 AM
 #3

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!

For me i am only using coins.ph to convert my Bitcoin to flat it is easier, faster and there are many ways where you can send your Bitcoin for you to withdraw as a flat currency. Since its PH i think you need to be in PH before you can use their service dunno if they supports other country.
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February 28, 2018, 01:18:17 AM
 #4


I think this answer will depend on what country you're from though. In Canada I've had no problems withdrawing fiat with QuadrigaCX. They're probably the best fiat-crypto exchange for Canadians.

I do use exchanges geared towards other countries like Coinbase, Kraken, and Gemini, but I've never withdrew fiat from them.
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February 28, 2018, 01:20:44 AM
 #5

It depends on the country you belongs to. Please mention yours to give better suggestion.
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February 28, 2018, 01:22:35 AM
 #6

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!

I think EXMO, and if it only exchanges from BTC - the best coinbase the best Smiley

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February 28, 2018, 01:24:15 AM
 #7

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!

EXMO 2 hours Smiley

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Vlada69 (OP)
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February 28, 2018, 01:24:34 AM
 #8


I think this answer will depend on what country you're from though. In Canada I've had no problems withdrawing fiat with QuadrigaCX. They're probably the best fiat-crypto exchange for Canadians.

I do use exchanges geared towards other countries like Coinbase, Kraken, and Gemini, but I've never withdrew fiat from them.

Good point although I deliberately wanted to investigate experiences throughout the world as myself in Europe had issues to get accounts from coinbase and gdax. Gemini looks good and will definitely try that one. Thanks man and sorry about the Germans Wink
Vlada69 (OP)
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February 28, 2018, 01:26:01 AM
 #9

It depends on the country you belongs to. Please mention yours to give better suggestion.

Well I wanted to gather experiences from all over the world as to help everyone and myself (from Europe) in getting better deal. Thank you.
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February 28, 2018, 01:33:39 AM
 #10

If we have already an application wallet or any kinds of wallet that built on our gadgets that fit to make any transactions by exchanging our bitcoin into fiat or into a real paper money, it simply easy to make any widrawals, that's actually being made by some people in my country. Because different countries are different system of establishments but it is likely the same forms of transactions. In my country, people made a widrawals mostly in international remmitance company, some also made widrawals by banks.

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Vlada69 (OP)
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February 28, 2018, 03:02:31 AM
 #11

If we have already an application wallet or any kinds of wallet that built on our gadgets that fit to make any transactions by exchanging our bitcoin into fiat or into a real paper money, it simply easy to make any widrawals, that's actually being made by some people in my country. Because different countries are different system of establishments but it is likely the same forms of transactions. In my country, people made a widrawals mostly in international remmitance company, some also made widrawals by banks.

Ok, but which exchange to get to withdrawal to the bank?

I'd wish I can make poll about best exchange here, so if anyone is interested please do so.
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February 28, 2018, 03:11:57 AM
 #12

I deliberately wanted to investigate experiences throughout the world as myself in Europe had issues to get accounts from coinbase and gdax.

This is strange to me, because in the US Coinbase is the go-to for pretty much every regular person that wanted to get involved with BTC. I've known many Americans that know nothing about Bitcoin, but were able to make an account on Coinbase in no time. I've heard a lot of complaints about fees with Coinbase, but never of someone having trouble getting their account going. They are pretty good about withdrawals to banks, deposits from cards or banks.

Gemini looks good and will definitely try that one.

When I have to use an exchange I use Gemini, but I never keep funds on the exchange longer than I have to. I can recommend them if you find yourself in need of an exchange, but I would highly advise against the use of exchanges; they've been notorious for problems of preposterous size.

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Vlada69 (OP)
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February 28, 2018, 03:15:52 AM
 #13

I deliberately wanted to investigate experiences throughout the world as myself in Europe had issues to get accounts from coinbase and gdax.

This is strange to me, because in the US Coinbase is the go-to for pretty much every regular person that wanted to get involved with BTC. I've known many Americans that know nothing about Bitcoin, but were able to make an account on Coinbase in no time. I've heard a lot of complaints about fees with Coinbase, but never of someone having trouble getting their account going. They are pretty good about withdrawals to banks, deposits from cards or banks.

>Well I am from Serbia to be exact and coinbase is redirecting to blog to "talk about it" to get my country listed lol

Gemini looks good and will definitely try that one.

When I have to use an exchange I use Gemini, but I never keep funds on the exchange longer than I have to. I can recommend them if you find yourself in need of an exchange, but I would highly advise against the use of exchanges; they've been notorious for problems of preposterous size.

>No worries, hit and run always Wink
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February 28, 2018, 03:28:44 AM
 #14

I use Kraken to withdraw funds I get the amount sent in US$ and then it is converted by my bank to local currency, I don't mind too much as the rates are pegged. If you are in the US or EU then the withdrawl rates are really cheap so I would recommend. It normally takes less than 2 days to receive the funds.

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Vlada69 (OP)
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February 28, 2018, 03:33:08 AM
 #15

I would say EXMO or Coinbase

so far EXMO 3 votes

KRAKEN 2

COINBASE 2

GEMINI 1

Thanks man.
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February 28, 2018, 03:56:43 AM
 #16

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!

In EU on bitstamp they will ask you about surces of your BTC and will make some AML Smiley.
So if you plan to sell them try aoid it if you think that it  couse any problems.
But if everything is ok then transfer is going fast 1day Smiley with SEPA>

Becouse of problems that you will have I won't reccomoned bitstamp to anyone.

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February 28, 2018, 04:21:36 AM
 #17

Localbitcoins is one of the best site where you can convert your bitcoins to fiat and it uses automated escrows so no worries of getting scammed and it also offers more price than the actual market rate.
The other exchanges like kraken can be used to get our cryotocurrency to fiat.
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February 28, 2018, 04:24:13 AM
 #18

Honestly, I have used Coinbase to get about 5k of my money out. I have my bank account linked via the bank account login feature it has built into it. I just linked it and I sold a bunch of Litecoin and it was deposited into my bank account within 2 business days. It was really fast and I had 0 issues. I live in the United States, so I am not sure if that plays into it. I know a lot of people have issues with wire transfers so I prefer not to use wire transfers.

I know Coinbase has gotten a lot of hate lately and bad publicity, but if you are in the USA, have a normal bank account and you have it linked, I think you are probably fine since it uses ACH to deposit the cash.
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February 28, 2018, 04:35:50 AM
 #19

Hello everyone,

Do please share your experiences on best way to withdraw the money from the exchange nowadays?

Cheers!
It depends on your country because coinbase is the best exchange in Bitcoin to fiat currency but it is not supporting to all the countries. Localbitcoin is supported in most of the countries it is easy and 100 percent secured website so first you should check the LBC then try it another sites. If you feel LBC is comfortable you can continue this site.

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February 28, 2018, 04:38:02 AM
 #20

Coinbase is a trusted one and it has a option withdrawing to your credit card. It's quite fast too.
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