Forms of converting cryptocurrencies into cash

[d1ceplayer]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

There is an exchange that I have relied on for a very long time now called LUNO exchange, they have been very reliable and has not giving me any issue, once I get my BTC address after converting to BTC if they are not BTC, then I transfer the BTC to the wallet given to me, trade it and covert it to FIAT, from there, I request for withdrawal, and doesn’t take more than 24 hrs for me to get the cash in my account.

I know that we have lots of other great exchanges too offering these services, but I have not gotten any reason to leave LUNO for other exchanges since they are still serving me well.

[dominos]

I really don't like Bitcoin ATMs because of their fees on any transaction so if you thinking about converting crypto into cash than check if there is any cryptocurrency cantor in a bigger city.

[Odonko]

This is one of the methods that is causing the delay in the use of cryptocurrencies as a payment of for services. i wish i could see threads like how to use your bitcoins or ethereum to purchase goods at some online marketing platforms. Seriously if we want cryptocurrencies then we need to put some action into our words. Let's spend cryptocurrencies and stop cashing it into fiat.

[FlightyPouch]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

In our country, we use a certain exchange/wallet called coins.ph. With the use of it, everything about bills is really efficient and so easy. Whatever we do using Bitcoin, they will automatically convert them into fiat. For example I will be doing a cash out, the BTC I will be sending in the bank will not be BTC anymore but already fiat since banks don't actually accept Bitcoin in our country.

[Reid]

This is one of the methods that is causing the delay in the use of cryptocurrencies as a payment of for services. i wish i could see threads like how to use your bitcoins or ethereum to purchase goods at some online marketing platforms. Seriously if we want cryptocurrencies then we need to put some action into our words. Let's spend cryptocurrencies and stop cashing it into fiat.

Correct but there is a wall to that also.
How they can they buy bitcoin if their country is being restricted.
One example is Coinbase which is a large crypto exchange but is restricting countries in Asia.

How could merchants create businesses specially if it is international if people cannot even have a way to buy the crypto currencies?
I guess we should focus on making it possible for them to buy first and then afterwards pushing merchants to make bitcoin as an online payment option.

[bonker]

I really don't like Bitcoin ATMs because of their fees on any transaction so if you thinking about converting crypto into cash than check if there is any cryptocurrency cantor in a bigger city.

It is not easier to find someone who is trading cryptos.You can use localbitcoins to find who is selling and buying bitcoins locally but it is better to sell online for more easier experience.

[rijaljun]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

I think almost every country has at least one local exchange to convert crypto into local currency. However for countries that does't have a local exchange must convert their crypto into paypal then withdraw it through their local banks.

[dentolas]

I use Visa/debit card from wirex, you have a fiat account and you convert your BTC into EUR or GBP or USD, and then use your card on an ATM machine to get your fist bills... a nice service, but lately not working properly with a lot of down times...
you can also check the accepted exchanges by the national banking authority on your country, around here Coinbase is one of them, and them you link your fiat bank account to the exchange and just send money from one to the other like any normal accounts

[leea-1334]

Coinbase probably can be considered the most famous exchanger, but if for some reason it does not suit you, then you can find a suitable way to buy or sell cryptocurrency among a list of different exchangers, with detailed information about them, statistics, reviews and prices. I use this method depending on the situation and I have not had any problems before. https://www.bestchange.com

I can think of a lot of reasons Coinbase will not suit people,,, the number 1 reason is that it only serves USA and UK recently,,, when probably more than half of the people in this forum live outside those two countries.

I think anyone who exchanges and asks on this forum like this is a newbie and therefore less likely to be converting even more than 1 BTC. So the trouble of finding a place that has better fees or rates ends up not being that much difference. Just use LBC it is always close to market rates.

[mersal]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

yes converting Bitcoin is always happening and I use Bitcoin to Paypal conversion because I use the transaction in different times so converting into this will helpful for me to make a type of transaction to my country in my account.

[fiulpro]

Hey

Am from Ukraine and its hard to do it here so the only option I have is generally *local Bitcoins.com *

Other than that you can opt for person to person transaction, ask your peers if they need it and sell it to them , it will save you some money and it's rather fast but take care that the person is trustable .

Let me know if you have any problem 😊

[incomefromcoins]

Localbitcoins.com is most widely users crypto fiat method

[MakeMoneyBtc]

One of the methods that I use to convert my bitcoin into cash is trough Skrill. I simply deposit my bitcoin there and it automatically exchanges it in any currency I want and from there I can easily withdraw that using a debit card. Another method I use is trough local bitcoin ''dealers'' or websites where I send them my cryptocurrencies and then I get my money exchanged directly into my bank account. Even though the fees are quite high for using this kind of services i like that this transactions are completed within a day or so.

[theedm09ka]

you can use localbitcoins, coinbase, or any fiat on ramp in your country

[Xampeuu]

One of the methods that I use to convert my bitcoin into cash is trough Skrill. I simply deposit my bitcoin there and it automatically exchanges it in any currency I want and from there I can easily withdraw that using a debit card. Another method I use is trough local bitcoin ''dealers'' or websites where I send them my cryptocurrencies and then I get my money exchanged directly into my bank account. Even though the fees are quite high for using this kind of services i like that this transactions are completed within a day or so.

I prefer to use a local bank, because I am more comfortable operating it, even though the cost is higher but convenience is my choice. by being able to directly enter a bank account in my opinion it is simpler, and the process is only in a matter of hours

[Pattart]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

if you want to more easily convert it to fiat, look for a local exchange site. now there should be many local exchange sites in each country,
they focus on exchanging local currencies with cryptocurrency. and you can directly withdraw to your bank account. that so simple

[Ayiranorea]

Just like in subject. How do you converting cryptocurrencies into cash? For example in Poland I can convert in so-called bitcoinmat from page shitcoins.club. I don't know how is it in other countries, so please reply. Thanks

if you want to more easily convert it to fiat, look for a local exchange site. now there should be many local exchange sites in each country,
they focus on exchanging local currencies with cryptocurrency. and you can directly withdraw to your bank account. that so simple

In most local exchanges we find more restrictions which is truly annoying. Better is to use the trading service providers like localbitcoins or find traders who get involved into direct trading through our forum. Our forum has got a separate section for the same, and with trust you can make trade as users won't cheat to loss their reputation.

[bitbunnny]

Before I used exchanges or localbitcoins to convert crypto into fiat, sonetimes Bitcoin ATM. But it's not very convenient, especialy when you have to use your bank account and it's often time consuming. That is why now I use only crypto debit card. I can top it up and pay directly everywhere I want, which I prefere, or I use it to get cash at ATM.

[webtricks]

Localbitcoins.com is most widely users crypto fiat method

Not really, people like to use local exchanges more than P2P networks like LocalBitcoins. In case of Local Exchanges there is little room for arising disputes in trades as funds of both parties are confirmed before exchange is carried out. But in case of P2P, there is no perquisite to deposit funds on Exchange, hence it leads to unnecessary delays and disputes. LocalBitcoins is more popular in countries where Local Exchanges are banned.

 

[ajqjjj]

Before I used exchanges or localbitcoins to convert crypto into fiat, sonetimes Bitcoin ATM. But it's not very convenient, especialy when you have to use your bank account and it's often time consuming. That is why now I use only crypto debit card. I can top it up and pay directly everywhere I want, which I prefere, or I use it to get cash at ATM.

If we want to change cash obviously we will change Fiat currency because both are same in entire world. Bitcoin ATM is not properly maintain all the country so better we can invest exchanges and tranfer our fiat currency is the right choice. In your country all the transactions are available but mostly top high population countries are avoid the all exchanging method.