Any exchange/website to withdraw fiat?

[Bardman]

I don't care if you need ID verification or not the problem is that right now most of them work extremely slow or just do not work. I tried Bitwala but they stopped their services, CEX.io works extremely slow and bitstamp seems to require a lot of information before allowing you to withdraw fiat so what other alternatives are there? I tried localbitcoins and it was ok but I'd rather not use it again.

[adzino]

I don't care if you need ID verification or not the problem is that right now most of them work extremely slow or just do not work. I tried Bitwala but they stopped their services, CEX.io works extremely slow and bitstamp seems to require a lot of information before allowing you to withdraw fiat so what other alternatives are there? I tried localbitcoins and it was ok but I'd rather not use it again.

You could try using some other trusted third party exchange which will let your exchange your bitcoin or any other cryptocurrency for some other E-wallet account such as perfect money, skrill, payza, paypal or even directly to your MasterCard. You can then directly transfer your money from the e wallets to your bank account. Though the fee might be high, but it is totally worth it. You can find some list from here bestchange.com.

[Taki]

No matter on the speed and raised fees for withdrawing I use YoBit. That was the first exchanger where i registered and till the end of the last year everything gone well, the fee for withdrawing of fiat was 0%. Now it is not stable at all and jump from 3 to 9%, but I continue to use it, cause you will never find and exchanger today which will take less than 3%. So, my strategy is simple - to wait when the fee on the exchanger will be 3% and then withdraw fiat.

[Bardman]

No matter on the speed and raised fees for withdrawing I use YoBit. That was the first exchanger where i registered and till the end of the last year everything gone well, the fee for withdrawing of fiat was 0%. Now it is not stable at all and jump from 3 to 9%, but I continue to use it, cause you will never find and exchanger today which will take less than 3%. So, my strategy is simple - to wait when the fee on the exchanger will be 3% and then withdraw fiat.

And how long does it usually take because cex.io and others took weeks and even months for me, some of them eventually didn't even process the withdrawal and gave me the money back after months. Do they ask for verification and something else when you withdraw like bitstamp?

[timerland]

I don't care if you need ID verification or not the problem is that right now most of them work extremely slow or just do not work. I tried Bitwala but they stopped their services, CEX.io works extremely slow and bitstamp seems to require a lot of information before allowing you to withdraw fiat so what other alternatives are there? I tried localbitcoins and it was ok but I'd rather not use it again.

What kind of fiat do you need?

Perfectmoney/Payeer/Advcash sort of fiat, Paypal/Neteller/Skrill sort of fiat, or actual fiat bank transfers?

If you are trading within yobit, then you're probably going with the first option. I think that you're probably better off looking for one of the trusted exchangers within bestchange and search up your payment method for the best rates.

BTW, why do you feel like you wouldn't want to use Localbitcoins again? That's the easiest way to get fiat out from BTC. The spreads/fees there shouldn't be more than 3-5%, if you verify yourself and create ads you can probably get the advantage of the spread/fee, even.

[buwaytress]

If you haven't already, try out some other P2P alternatives to LBC, I recommend Bisq since it's the only other one I've ever tried, only it is slightly more complicated than LBC and you need to have it open for the duration of trade.

Otherwise, there are so many others to choose from. Try those platforms that don't have trading markets - they tend to be focusing only on buying and exchanging crypto to fiat. I use BitPanda occassionally (when their rates are good) and their SEPA is processed and cleared within 1-2 business days.

BTW, why do you feel like you wouldn't want to use Localbitcoins again? That's the easiest way to get fiat out from BTC. The spreads/fees there shouldn't be more than 3-5%, if you verify yourself and create ads you can probably get the advantage of the spread/fee, even.

That's my question too. LocalBitcoins have always worked for me, I couldn't really say much about how their support could improve, given that it's really been far better than any other centralised exchange I've used (not that I've ever had to seriously rely on them). Concluded dozens of trades with satisfaction.

As timerland says, verify yourself and you actually get VERY good rates if you post your own ads.

[mobnepal]

Have you tried bitpanda? They works with most of the European countries where SEPA transfer is accepted.

Alternatively you can deposit in skrill or neteller via crypto and send that to your payoneer global payment service bank account and withdraw out those cash using payoneer card which works worldwide.

Coinbase might be better solution for you if your country lies under their supported country list.

[European Central Bank]

unless you tell us what country you're in you won't get any worthwhile answers. one country might be heaving with options while the one next door would be useless.

regardless of where you're at, you're gonna have to get used to some sort of ID verification. even localbitcoins traders seem to want it more often than not these days. it comes with the territory when you're dealing with fiat.

[Bardman]

unless you tell us what country you're in you won't get any worthwhile answers. one country might be heaving with options while the one next door would be useless.

regardless of where you're at, you're gonna have to get used to some sort of ID verification. even localbitcoins traders seem to want it more often than not these days. it comes with the territory when you're dealing with fiat.

I live in spain and ''I don't care if you need ID verification or not'' I said that right at the beginning of the thread, I do not care if I have to verify myself.

''Neil Tran - March 4, 2018
Sold some bitcoins but everyone that bought the bitcoins used stolen bank account information and all the funds were charged back, 1400$ worth of bitcoins gone because there are accounts with 100% positive feedbacks and over 100 people trusting, verified ID,SMS,Name, and tons of bitcoins traded, but still scam because the system sucks at verifying and making sure both parties are safe from scammers.''

I have seen a lot of stories like this one, which is what makes me scared of localbitcoins.

[Bardman]

Have you tried bitpanda? They works with most of the European countries where SEPA transfer is accepted.

Alternatively you can deposit in skrill or neteller via crypto and send that to your payoneer global payment service bank account and withdraw out those cash using payoneer card which works worldwide.

Coinbase might be better solution for you if your country lies under their supported country list.

I have not tried bitpanda but it looks good as far as I can tell, have you tried them yourself? I did try coinbase but I seem to have a problem with the verification because I live in Spain but I'm not originally from spain and it seems that my national ID is not supported, maybe I am mistaken on this, though.

[babygun]

I would try Kraken. I have already deposited and withdrawn fiat from them without any problems. Their fee for a SEPA withdrawal is only 0.09€.

[Bardman]

I would try Kraken. I have already deposited and withdrawn fiat from them without any problems. Their fee for a SEPA withdrawal is only 0.09€.

I thought about it and it seems that their bank transfer system is working fine, I had a friend who was complaining about the exchange itself but it seems that when it comes to fiat withdraw it works quite well. I will try them and bitpanda as well.

[babygun]

I would try Kraken. I have already deposited and withdrawn fiat from them without any problems. Their fee for a SEPA withdrawal is only 0.09€.

I thought about it and it seems that their bank transfer system is working fine, I had a friend who was complaining about the exchange itself but it seems that when it comes to fiat withdraw it works quite well. I will try them and bitpanda as well.

Yeah, they had some problems in the past with their servers, but that has been resolved. It is my primary exchange and for the moment I don't have any complaints on it. My deposits from my bank account to kraken account took (most of the times) 1 day.

[alyssa85]

I don't care if you need ID verification or not the problem is that right now most of them work extremely slow or just do not work. I tried Bitwala but they stopped their services, CEX.io works extremely slow and bitstamp seems to require a lot of information before allowing you to withdraw fiat so what other alternatives are there? I tried localbitcoins and it was ok but I'd rather not use it again.

If you are in the USA, use Coinbase, they allow USD withdrawals directly to your bank account.

If you are in the EU, use Kraken, they allow SEPA withdrawals of Euros to your bank account.

[Lucius]

Which is the best exchange or any other site which allow withdraw to PayPal without some huge fees or too complicated verification process?I would like to convert some BTC from time to time in order to buy some things with PP online.It would be great if I can use BTC for that,but for now this is still not possible on most online stores.

[Bardman]

Which is the best exchange or any other site which allow withdraw to PayPal without some huge fees or too complicated verification process?I would like to convert some BTC from time to time in order to buy some things with PP online.It would be great if I can use BTC for that,but for now this is still not possible on most online stores.

Some people told me too look into bestchange.com you can find bitcoin to paypal USD and EUR there. There are a few that offer paypal and don't seem to require verification processes but I'm not sure how big the fees are. I will try one myself soon.

[timerland]

Which is the best exchange or any other site which allow withdraw to PayPal without some huge fees or too complicated verification process?I would like to convert some BTC from time to time in order to buy some things with PP online.It would be great if I can use BTC for that,but for now this is still not possible on most online stores.

Some people told me too look into bestchange.com you can find bitcoin to paypal USD and EUR there. There are a few that offer paypal and don't seem to require verification processes but I'm not sure how big the fees are. I will try one myself soon.

Exchanges on bestchange usually will be extremely poor in terms of the fees they charge. Even the best of the sites, especially anything involving fiat conversions will absolutely rip you off on the fees on the exchanges.

You'll have to pay the paypal fee yourself, which is like 2.9% + 0.3USD if I'm not mistaken. Then you have to use their exchange rate which at best will probably be 3-4% under spot. And even after that, they could always chargeback or turn out that they've used an illegitimate source to obtain these funds. You never know whats' going in these Russian exchangers.

Honestly if you're not that worried about ID then go with Kraken, best rates you're gonna get since you're not dealing with any intermediators.

[Bardman]

Which is the best exchange or any other site which allow withdraw to PayPal without some huge fees or too complicated verification process?I would like to convert some BTC from time to time in order to buy some things with PP online.It would be great if I can use BTC for that,but for now this is still not possible on most online stores.

Some people told me too look into bestchange.com you can find bitcoin to paypal USD and EUR there. There are a few that offer paypal and don't seem to require verification processes but I'm not sure how big the fees are. I will try one myself soon.

Exchanges on bestchange usually will be extremely poor in terms of the fees they charge. Even the best of the sites, especially anything involving fiat conversions will absolutely rip you off on the fees on the exchanges.

You'll have to pay the paypal fee yourself, which is like 2.9% + 0.3USD if I'm not mistaken. Then you have to use their exchange rate which at best will probably be 3-4% under spot. And even after that, they could always chargeback or turn out that they've used an illegitimate source to obtain these funds. You never know whats' going in these Russian exchangers.

Honestly if you're not that worried about ID then go with Kraken, best rates you're gonna get since you're not dealing with any intermediators.

I didn't want to try kraken because I heard some bad things about them from a friend but it seems everyone is vouching for them here so I will give them a try as well. Yeah I have been checking bestchange in detail and you are right, in terms of fees is a ripoff basically.

[timerland]

I didn't want to try kraken because I heard some bad things about them from a friend but it seems everyone is vouching for them here so I will give them a try as well. Yeah I have been checking bestchange in detail and you are right, in terms of fees is a ripoff basically.

I don't use Kraken myself but everyone else does seem to be giving mostly positive reviews about them.

Also just saw your post regarding why you thought that localbitcoins was bad.

If your only concern with localbitcoins is that you'll get charged back or get paid from a stolen account, then it's really nothing to worry about. These cases are outliers and usually does not happen, given that you deal with the right payment methods. For example, bank transfer is usually more risky than cash deposit which is pretty much impossible to reverse. Also dealing with buyers who has 5-10k feedbacks will usually be extremely safe. 100 feedback accounts are quite common, but nobody really sells 5+k feedback accounts.

You'll pretty much get better rates on LBC than on the best deal on bestchange even if you're the "taker" of the deal, if you're making the advertisement then you can even set additional verification rules such as holding up an ID in a selfie etc. And, you get the better end of the spread.

[mybtc001]

I have done some SEPA deposits with Kraken and it works fast: 1/2 working days.

Imo the cheapest way to convert coins to Paypal is to sell it on www.cex.io, withdraw to credit card, and then connect the credit card to the Paypal account.

Exchangers have too expensive fees.