My ICO was successful, how can I withdraw ICO fund into fiat currency?

[cryptomorphines]

If my ICO hits the hard cap.

How can I withdraw the ICO funds into fiat currency? through the bank? how is this possible?

Are you going to sell all of your ICO investments? do you know what will happen to your ICO investors? they will suffer a lot when the price was dump too fast,if you really have $40M cryptocurrency assets you should directly contact coinbase as they are the biggest exchange in the u.s if you arent from the u.s you will need to find someone there that can exchange it.

[1714590549]

1714590549

[Mr Kiwi]

I havn't completed my ICO. I don't want to make my ICO investors suffer..

I just want to know how I will be able to convert and withdraw the Ether into fiat when my ICO is complete.

I will need fiat currency to complete ongoing objectives (e.g pay staff) as outlined in my white paper

[xenomorphe1]

I havn't completed my ICO. I don't want to make my ICO investors suffer..

I just want to know how I will be able to convert and withdraw the Ether into fiat when my ICO is complete.

I will need fiat currency to complete ongoing objectives (e.g pay staff) as outlined in my white paper

You can maybe contact some companies who already finished their ICO. Some surely already did this.

[sycaburatan]

I havn't completed my ICO. I don't want to make my ICO investors suffer..

I just want to know how I will be able to convert and withdraw the Ether into fiat when my ICO is complete.

I will need fiat currency to complete ongoing objectives (e.g pay staff) as outlined in my white paper

That is very easy bro,sale it p2p so you wont need banks,ask someone in your country which has connections or community that are willing to buy your ethereum for cash,bank 2 bank transactions needs a lot requirements plus you might be questioned if you have tons of money.Or find someone overseas that are willing to buy your bitcoins or ethereum,in our country i am exchanging my bitcoins to the casino's because these casino has millions of dollars on hand 

[roshanfious]

The ICO was considered as a succeed one is the one that reached to an exchange. So everything will be simple, just create an account on that exchange, deposit all your tokens , get the balance, exchanging all of them to BTC or ETH then simply just sell all of them to your fiat currency.

[cryptobobo]

It is possible some exchanges like coinbase has usd/btc trading pairs,but if you are non u.s citizens you should find a local exchange which supports loca fiat/btc conversion because it might be hard to find banks which will support btc/usd pairingin our country there are some small exchanges that are buying bitcoin directly to fiat,you should get some in your country as well.

[Fatunad]

If my ICO hits the hard cap.

How can I withdraw the ICO funds into fiat currency? through the bank? how is this possible?

Are you going to sell all of your ICO investments? do you know what will happen to your ICO investors? they will suffer a lot when the price was dump too fast,if you really have $40M cryptocurrency assets you should directly contact coinbase as they are the biggest exchange in the u.s if you arent from the u.s you will need to find someone there that can exchange it.

I have the same assumptions which dont give out some idea with this guy  . Having an ICO then decide to cash it out to fiat.If you are not really after on dumping out those tokens then you shouldnt really took out those funds because investors would really suffer on such loss.Even if you would say that you would use it for other purposes like paying staffs.Its not really necessary for you to withdraw that $40M just because of that which this turns out to be shady already.

[maereglapo]

Sell your tokens when your project has reached the exchanges so that you will be making a lot of money,i suggest if your project is really a solid project and has potential to grow HOLD it but if its not,better to dump it early because you wont know what will happen in the market,ICO and bounty hunters are normally dumping these tokens as soon as the project was lsited in echange.

[Crumple Cat]

Could you tell us, why you would like to withdraw it?

[mariangpalad]

Do not use banks,because if you are cashing out millions of dollars you could be questioned,or you might be presume that doing illegal things like money laundering,the best thing to do is to sell your coins or bitcoins p2p or person to people so that you wont have any hassle getting your cash.I normally selling my bitcoins into CASINO's in our city because there are gamblers that are willing to buy your bitcoin.

[cesarzgamer]

You have to wait until coin will be on exchange the register and deposit your funds there. After that you exchange it to more known cryptocurrencies. Bitcoin and ethereum are great. You can use them to buy things online or sell them and change it in fiat money. To do latter you have to find some sort of website to do it for you.

Watch out for scams!

[thepo1m]

It depend on the country you are, there are some P2P exchanges that you can sell you BTC or Ether on and you will have to complete the KYC and AML form, also there re some comapnies that do this for their client but they charge certain percentage for their service

[s4mp1nt0]

If my ICO hits the hard cap.

How can I withdraw the ICO funds into fiat currency? through the bank? how is this possible?

is the coins already distributed? if yes, is it already listed on some exchange?
trade your fund you received to btc on some exchange then trade your btc into fiat if your country support p2p btc to fiat already.

[Souri]

When we are talking 40Mio$ in investment money you already should hav banking relations and some tax advisor those should be the first people to ask. Then I would talk to the large exchanges in order to get realistic fees and decent withdrawl limits. Also keep in mind selling that much on one day might influence the exchange rate.
The other option would be to find a big enough organisation that is in need oth that much crypto and has fiat (*cough* like a soon starting trading desk *cough*)

[boyjackyou]

Wait for the coins to be listed in exchanges and im sure there will be no hassle in exchanging your coins to fiat,go to some local exchange in your town and try to convinced them to get your coins directly,fiat money would be hard if you are living in the u.s because you might be accused of money laundering so be careful with the people you are dealing with.

[Lerikaweb]

What do you mean by saying "your ico"?  Have you organized and held one or did you invest?  All the campaigns list on exchanges in some time.  Then you can sell your tokens for eth or btc,  then cash it out.

[cryptonero]

You shouldnt be doing that because your investors might get rekt when your shares will be sold all at once,wait for the investors to cashout so if anything happens when you dump millions of dollars they wont be affected,ICO surely is profitable when the price of the token will be doubled or trippled as soon as it gets listed in exchanges you can try to exchange it to casinos,but not the banks.

[Profuter]

If my ICO hits the hard cap.

How can I withdraw the ICO funds into fiat currency? through the bank? how is this possible?

It's very simple.
Withdraw tokens from your wallet to the exchange, sell them and then through the exchanger transfer to your card.

[cryptofirm]

If my ICO hits the hard cap.

How can I withdraw the ICO funds into fiat currency? through the bank? how is this possible?

just wait until your coins or tokens being listed on exchange
then convert it with BTC first before you convert to fiat currency
keep your eyes to the last news from your ICO

[reypinioco]

Do not use banks for big transactions because you might questioned where it came from i have heard most of the banks are starting to close accounts which has crytocurrency transactions,do not risk your money to these banks your government might see your assets,trade p2p so you wont get hard time to convert to fiat.