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Author Topic: Safest place to withdraw BITCOIN?  (Read 351 times)
enhu
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July 13, 2018, 04:15:35 AM
 #21


Selling it to an individual here in the forum might work for you, if you accept paypal funds there are certain people that is definitely interested to it. Just don't trust those sketchy ones, there are trusted individuals who does a lot of paypal transactions, check these links below. Because its easy to spot reputable members who does a lot of buying and selling BTC.

https://bitcointalk.org/index.php?board=5.0
https://bitcointalk.org/index.php?board=53.0

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July 13, 2018, 04:40:39 AM
 #22

Any idea on wheres the safest exchange or sites to withdraw bitcoin to fiat?

Came across bitstamp as coinmama and coinbase is currently not support in my country (Brunei Darussalam)



Do you have any local exchange there in Brunei? At least it should have in crpyto-free country. In that way no need to used global exchanges since local exchanges will support your local payment merchants there including banks. That's were doing here in my country so converting bitcoin to fiat here is not hassle. You can also consult your local crypto group if people have an idea about it.

You can also consider person 2 person trade. Well I know your doing your homework now so I guess you can make up a solution to that.

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July 13, 2018, 05:12:40 AM
 #23

I think the safest exchange you could withdraw is using your local exchanges. If you want to use an international exchange, then you probably might use Bittrex or Binance. Those exchanges are good and have high security and fast enough. But you should try localbitcoins, I think it would suit you. Like here in the Philippines, we use our local exchange to buy a lot of things aside from withdrawing money.

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July 13, 2018, 05:24:18 AM
 #24

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.


Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?



This is risky, because you need to deal with the unknown. You can take a "Bitcoin" Holiday in another country, where there are more traders and trade with them, but you will not know if they are scammers before you get there. If you do this in your own country, you can take friends with you to the location where the trade will take place and you can make sure the scammer will not get away, if he or she wants to rob you.

You will also have to deal with the security and customs at the international airport, when you come back. You cannot move large amounts of money in and out of a country.

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July 13, 2018, 05:26:22 AM
 #25

i think the safe place is in your country, I mean in the local exchanger, because it will change the bitcoin into your local currencies, so you don't need to change it from USD into your currencies first. if your country doesn't have the local exchanger maybe you can see it directly to people with PayPal payment

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avoxosuccesful
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July 13, 2018, 06:07:09 AM
 #26

the thing is I figure the most secure trade you could pull back is utilizing your nearby trades. On the off chance that you need to utilize a worldwide trade, at that point you most likely may utilize Bittrex or Binance. Those trades are great and have high security and sufficiently quick. Be that as it may, you should attempt localbitcoins, I figure it would suit you. Like here in the Philippines, we utilize our nearby trade to purchase a considerable measure of things beside pulling back cash.
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July 13, 2018, 07:06:18 AM
 #27

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.


Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?


If you can afford it, do it. You can also sell it to your friends abroad if you have one. Because you also have the opportunity to visit them and have bonding. There are many ways and you just need to be careful because there are scammers as well


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harrypot
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July 13, 2018, 06:52:27 PM
 #28

Scammers, one of the biggest problems in the market of crypto currency. especially the new investors falls for the trap of the scammers. Everyone should be extra careful while handling large amount of coins. while exchanging the coins to fiat currency the site should be checked whether it is scam or not. some sites are mentioned in the post which are useful.
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July 13, 2018, 07:12:39 PM
 #29

the number of scammer in the market is very high. Coin holders must be extremely careful to not fall into traps of the scammers. Before transferring their crypto currency into fiat currency they should check whether the site is safe or not. in this post some sites are mentioned which will come in handy for investor looking for site to transfer crypto into fiat
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July 14, 2018, 03:18:59 AM
 #30

You can use changer.com to change your crypto into perfect money.. And you can withdraw perfect money into your bank account.. So much easier than it sounds

Something new for me, thanks!
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July 14, 2018, 03:40:06 AM
 #31

Have you come across localbitcoins?

https://localbitcoins.com/sell-bitcoins-for-cash/191421308/brunei-darussalam/ (586 KM away)

Looks like there's a small volume of traders on your country even on LBC, I've seen only few orders.


Yeah, volume is pretty small here. Would it be better if say I go on a holiday trip to another country and sell it there?



This is risky, because you need to deal with the unknown. You can take a "Bitcoin" Holiday in another country, where there are more traders and trade with them, but you will not know if they are scammers before you get there. If you do this in your own country, you can take friends with you to the location where the trade will take place and you can make sure the scammer will not get away, if he or she wants to rob you.

You will also have to deal with the security and customs at the international airport, when you come back. You cannot move large amounts of money in and out of a country.

Great points there, so much to think about! Probably need to choose a country to open a bank account too..
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July 14, 2018, 03:54:02 AM
 #32

Im so happy because in myw country we have own wallet easy  to buy and sell bitcoin what time we want. My country wallet is not only wallet because you can pay your bills and buy online credits using this wallet. Just make a research about kind if wallet who you can safe to withdraw your bitcoin that can eligible to your country.

Thanks for sharing Clark05, really appreciate this!
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July 14, 2018, 04:49:31 AM
 #33

I don't know much but as much as I know you can have a look into the coin central's website. Do a proper study on it before investing. I am not sure if it is totally safe.
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July 14, 2018, 01:20:24 PM
 #34

In market you need to alert from the fraud and scams because its really a tragedy because they lost their money also mainly new comers are suffer much because they don’t have enough idea about this market so when they saw big amount or profit that time they invest there and suffer.
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July 14, 2018, 01:21:04 PM
 #35

I guess LocalBitcoin is pretty much a good site. You could try there. But keep in mind that you have to be patient or you have to end up selling them in loss.
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July 14, 2018, 08:07:02 PM
 #36

I know it a online based thing so many people feel insecure about their assets but in cryptocurrency they their best to provide security to the holders so I don't thing you have be that much worried and for other detail you can visit their official sites where they give all of these information regrading investment, trading and all other.
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July 16, 2018, 07:05:32 AM
 #37

I guess LocalBitcoin is pretty much a good site. You could try there. But keep in mind that you have to be patient or you have to end up selling them in loss.

Yeah, rushing in to things most of the times aren't really a good idea.
STCrypto
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July 16, 2018, 07:08:46 AM
 #38

Scammers, one of the biggest problems in the market of crypto currency. especially the new investors falls for the trap of the scammers. Everyone should be extra careful while handling large amount of coins. while exchanging the coins to fiat currency the site should be checked whether it is scam or not. some sites are mentioned in the post which are useful.

Yeah, you should see how scammers are impersonating as "admins" on telegram just to get new comers to send them cryptos. Hate em!
STCrypto
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July 16, 2018, 07:51:47 AM
 #39

I don't know much but as much as I know you can have a look into the coin central's website. Do a proper study on it before investing. I am not sure if it is totally safe.


Thanks kulsuma.
STCrypto
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July 16, 2018, 07:54:01 AM
 #40

Any idea on wheres the safest exchange or sites to withdraw bitcoin to fiat?

Came across bitstamp as coinmama and coinbase is currently not support in my country (Brunei Darussalam)



Do you have any local exchange there in Brunei? At least it should have in crpyto-free country. In that way no need to used global exchanges since local exchanges will support your local payment merchants there including banks. That's were doing here in my country so converting bitcoin to fiat here is not hassle. You can also consult your local crypto group if people have an idea about it.

You can also consider person 2 person trade. Well I know your doing your homework now so I guess you can make up a solution to that.


Don't really have a local exchange here. Yeah checked out localbitcoin from where im at, the price of the selling it seems like a rip off!
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