Safest place to withdraw BITCOIN?

[STCrypto]

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)

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[batang_bitcoin]

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.

[7jaka7]

You can check https://localbitcoins.com/ if it suits you (it's a direct exchange with another person).
I think both Bitstamp and Kraken will do good as online exchanges. But you must "pay" with exposing of your personal data. Be careful about taxation and other legal stuff in your country.

You can also buy something with bitcoin, which is essentially even better if you need something.

You can also read this post - a lot of useful info. https://www.reddit.com/r/Bitcoin/comments/61s75o/rbitcoin_faq_newcomers_please_read/

BTW, I hope you aren't selling them with loss. You do understand that there is a high chance that we will go in another bull market in next few years.

[STCrypto]

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?

[bitfocus]

you can check localbitcoin.com

[STCrypto]

You can check https://localbitcoins.com/ if it suits you (it's a direct exchange with another person).
I think both Bitstamp and Kraken will do good as online exchanges. But you must "pay" with exposing of your personal data. Be careful about taxation and other legal stuff in your country.

You can also buy something with bitcoin, which is essentially even better if you need something.

You can also read this post - a lot of useful info. https://www.reddit.com/r/Bitcoin/comments/61s75o/rbitcoin_faq_newcomers_please_read/

BTW, I hope you aren't selling them with loss. You do understand that there is a high chance that we will go in another bull market in next few years.

Yeah, checked localbitcoins. Not much volume where I'm at haha!

There's no tax to cryptocurrency here in Brunei if I'm not mistaken, its still relatively small here too. Unlike other countries where you have BTC atms and vendors accepting crypto as a form of payment, so theres not much choices available here  not unless I travel somewhere that accepts BTC!

Thanks for the heads up, im still HOLDing. Just trying to find alternatives to Bitstamp. Will check Kraken out too!

[STCrypto]

you can check localbitcoin.com

Thanks bitfocus, checked em out already! 

[sakahayang]

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)

I think everything mentions localbitoins as the safest place to convert Bitcoin to fiat, but I think every country has each safe place to exchange Bitcoin to fiat. But there is nothing wrong if you exchange Bitcoin to localbitcoins, because I also think the same with other.

[batang_bitcoin]

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?

It's okay if you have the capability of doing that, there are traders/holders that have been doing that since their country isn't really crypto friendly.

What country are you planning to visit then? The nearby countries are Philippines, Singapore, Malaysia and Indonesia.

[STCrypto]

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?

It's okay if you have the capability of doing that, there are traders/holders that have been doing that since their country isn't really crypto friendly.

What country are you planning to visit then? The nearby countries are Philippines, Singapore, Malaysia and Indonesia.

Yeah, hopefully it'll be more widely recognized in the near future.

Probably Singapore since a lot of ICOs are started there, if im not wrong its one of the major port for crypto in Asia that doesn't restrict cryptocurrencies!

[hardtime]

This is going to rely on you and the amount of privacy risk that you want to take. If you're fine with exposing some of your personal information online, and some people are OK with doing this, then you'd be fine with using an exchange such as Coinbase, Kraken, etc (you're going to have to get verified on these exchanges as well, no getting around that) This is also if you're fine with declaring your income from Crypto capital gains, work and such, as all of these withdrawals are going to be linked to you and could be subpoenaed. If you're not fine with the privacy things, use something P2P.

[pooya87]

your country seems to be involved with Malaysia and Indonesia according to Wikipedia, so have you tried an exchange in one of these countries? i don't know any to suggest but you can find it on google like this: https://www.buybitcoinworldwide.com/indonesia/
they may even be working with the banks in your country so that you can withdraw safely to your own banks.

there are also local boards on bitcointalk you may want to visit and try to see if you can find any country-mates: https://bitcointalk.org/index.php#5

[spazie]

If I choose Blockchain wallet to pull bitcoin, because Blockchain is able to guarantee maximum transaction security and Bitcoin storage.

[STCrypto]

This is going to rely on you and the amount of privacy risk that you want to take. If you're fine with exposing some of your personal information online, and some people are OK with doing this, then you'd be fine with using an exchange such as Coinbase, Kraken, etc (you're going to have to get verified on these exchanges as well, no getting around that) This is also if you're fine with declaring your income from Crypto capital gains, work and such, as all of these withdrawals are going to be linked to you and could be subpoenaed. If you're not fine with the privacy things, use something P2P.

Great amount of info there, thanks man! Was thinking to use Bitstamp at first but hesitate cause of the KYC info required. What do you propose if I want to keep the transactions private?

[iammrash]

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

[smartbitcoininvestor]

LocalBitcoins, Gemini, Kraken, and Coinbase have been dependable for Fiat withdrawals.

[Clark05]

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.

[nicster551]

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)

Surely you have a huge amount of Bitcoin to withdraw since you are worried about the exchange you are going to withdraw with. If you are going to withdraw with the top 3  exchanges then you are good since you'll able to have their support to help you if things doesn't go right.

[genuin]

I think it's safe for you to do WD.
I see the credibility of the website is pretty high so I'm sure there will be no fraud through the website

[enhu]

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