dirkdekeizer (OP)
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March 19, 2019, 06:12:27 PM Last edit: March 21, 2019, 06:18:07 PM by dirkdekeizer |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
EDIT:
Thanks for all the info.
I am more looking for something like Skrill. You can transfer your normal money in bitcoins and transfer back in normal money. Sadly you can't withdraw bitcoins so it's just for investing.
I live in Belgium and I am under 18 (but I can use fake identity proof but no selfie etc)
I got around 1 BTC and I am looking for some site where you have like a bitcoin wallet and a normal wallet and that you can transfer money between those wallets
I can't use a bank account
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MakeMoneyBtc
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March 19, 2019, 06:27:14 PM |
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I guess almost every exchange platform offer you this option where you can exchange your bitcoins instantly into USD, and then buy it back whenever you want. You could also use a crypto debit card and withdraw the worth of your bitcoins in real money at the ATM then buy it back again using you card but thats not the best option because it involves to high fees and you also have a monthly limit so it will not help you if you want to make multiple transactions daily.
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pixie85
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March 19, 2019, 06:55:08 PM |
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Why don't you first start using proper names. You aren't exchanging bitcoins to real money because bitcoin is also real. The term is fiat money or national currency. Bitcoin is more of an Internet currency or decentralized currency. Choose an exchange that trades in your local currency. If you live in the EU it will be EUR, for a US citizen it will be USD. https://www.binance.com should suit your needs.
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LeGaulois
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March 19, 2019, 07:14:53 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
Yes, it's called a crypto exchange platform that deals with fiat currencies such as Kraken, Bitstamp, Gemini. Simply trade your BTC for €/$/£/Y. Then move your funds or lets them sleeping in the exchange. Or convert your bitcoins to USDT or another stable coin. Simple as that.
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shield132
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March 19, 2019, 07:17:56 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
You can easily use XAPO and similar providers where you have bitcoins in your wallet and can instantly exchange them with good fees + it offers you debit card so you can withdraw from any ATM with fixed fee or you can also use spectrocoin instead of XAPO and use their virtual/physical card which allows you to buy things online. I don't know if you mean anothing other in avoiding btc drop.
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Zadicar
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March 19, 2019, 07:24:55 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
This is the purpose of Exchange platform existence mostly being mentioned above already by other members.You can simply convert your Bitcoins to Fiat or just simply on stable coins for you to avoid btc volatility.You can switch or have the opt out to convert as you like.
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cizatext
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March 19, 2019, 07:49:04 PM |
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Well you have that option in most of the exchanged, but you title is misleading but if you are looking for where you can convert bitcoin to paper money there are so many ways you can do that through direct debit card into you Bank account or through other bitcoin exchangers ways.
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Ahiaba
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March 19, 2019, 07:54:07 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
Well, all depends on your location as such exist in most of the developed countries of the world. If you have a crypto currency debit card and crypto currency ATM are found in your locality then you will not have any problems on how to convert your crypto currency into fait currency. And you can equally found such a thing with some good crypto currency exchange company that has the option for convertion.
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ASHLIUSZ
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March 19, 2019, 07:54:28 PM |
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Each and every exchange starting from the small scale to the large scale exchange has got the trading pair of BTC/USDT, people can make use of this pair and keep the bitcoin in terms of USDT. Here when the market is in downtrend the loss can be minimized, but the same will not workout when the market is in uptrend. The value won't grow.
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teejayrichard2
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March 19, 2019, 07:56:27 PM |
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For a long time now I have been using luno to exchange my bitcoin to fiat currency. It has been really reliable as I get credited directly to my bank on time. Can easily convert your Bitcoin to fiat and fiat to Bitcoin with so much ease using luno. You can download the app from your play store and give it a tryer.
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mrdeposit
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March 19, 2019, 07:56:38 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
No need to withdraw your coins in the form of fiat money. Instead of exchanging your money to real(?) money, try to convert it to stable coins. Later you can buy back the same amount of BTC if the price drops further.
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BitMaxz
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March 19, 2019, 08:20:58 PM |
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Here in my country, we have a local exchange where we can exchange bitcoin into fiat and withdraw instantly. So if bitcoin is in the bull market we can exchange our bitcoin into fiat instantly to avoid loses. If you can give us more about your details where you live maybe we can recommend you the best exchange in your country like in India they have zebpay and US they have coinbase and EU countries they have Bitstamp. Why not, find an exchange that supports Tether or USDT? Do you want to exchange your bitcoin into stable coin? If you just want to find a stable coin USDT is one of the best coins to exchange your Bitcoin while the market keeps dropping you can avoid your investment to lose its value. Check this from here https://www.coingecko.com/en/coins/tether and scroll down you can see all listed exchanges.
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sunsilk
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March 19, 2019, 09:45:13 PM |
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Where do you live? if you are living in a country where there's a local exchange that can help you exchanging your bitcoin into cash/fiat, you may use them most of the time. I bet your question has been answered about exchange and you have an option to convert and save the value through USDT. also this; https://coinmarketcap.com/currencies/tether/#markets not that much difference.
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Vaskiy
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March 19, 2019, 09:51:47 PM |
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That's what all exchanges do, using more legitimate exchanges is my suggestion don't stick to small exchanges when dealing with fiat and don't leave too much on the exchange.
Right now we've got a number of exchanges with bitcoin getting different trading pairs. https://coinmarketcap.com/exchanges/volume/24-hour/ you can go through the link where the different exchanges providing access to bitcoin trading. Pick the one that gives you the convenience and the expected service.
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mohammedmattar
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March 19, 2019, 09:52:08 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
There are multiple ways to get you what you want Many of the trading platforms mentioned by guys XAPO as well Another option is Bayeer Bank You can buy and sell BTC there and convert it to Fiat but the fees are high.
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Dreamchaser21
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March 19, 2019, 09:55:10 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
Its not easy to avoid losses and this should not be the game plan. Its easy to convert if its on the good exchanges and putting it into real money might be going through many process. I suggest to monitor the price everyday if you want to avoid the small dump and save your money.
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faceoff97
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March 19, 2019, 11:16:52 PM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
That's not a good idea since there is a big difference with buy and sell price. The best way not to lose is just to hold your coin, don't make anything about your coin. In the long run, it will eventually get higher in value. Just buy when the price is affordable and don't panic when price drop since it's a normal thing for Bitcoin. You better store your coin in a safe wallet like Hodler wallet, in this way you'll not be tempted to do anything about your coin.
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Naughty Princess
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March 20, 2019, 12:01:10 AM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
This is the purpose of Exchange platform existence mostly being mentioned above already by other members.You can simply convert your Bitcoins to Fiat or just simply on stable coins for you to avoid btc volatility.You can switch or have the opt out to convert as you like. There are many platforms for exchange you have have to choose the legit site and where transaction fee is much lower so even you withdraw it, do not lessen much amount. You cannot lose when you wait for the price to rise again again as long as it is potential coin. Local exchange is mostly used for directly exchange into fiat.
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Saisher
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March 20, 2019, 02:03:26 AM |
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Hi
I am wondering if there is some sort of site where you can exchange your bitcoins easily to real money or idk what and transfer back so you can avoid if btc drops.
Thanks
If you are living in the Philippines coins.ph offer that service you can easily convert your bitcoin to fiat and you can convert your fiat to bitcoin, ripple,bitcoincash easily within seconds I'm glad our country offer this kind of service.
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waynechong1995
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March 20, 2019, 02:05:54 AM |
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Usually just have a scale on how much you can afford to lose, find exchanges like binance which support stop limit order, get to the usdt/btc pair and set up your order. I always order some exchange that doesn't support stop limit, like for some even for so long, you will never know how big whales will do with market and blind flooded you to stay HODL mood, like how trade forex stop limit is essential
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