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Author Topic: Bitcoin different ways of encashment?  (Read 249 times)
gorigors
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May 15, 2019, 05:30:31 PM
 #1

Hello guys,

I just want to ask here all your ways on how to you encash your crypto.

I already have an idea on some exchanges like Abra,coins.ph.

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?

I would appreciate if you share it here.
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May 15, 2019, 05:44:22 PM
 #2

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?
For big amounts the best solution is peer-to-peer. Though sa Philippines, baka mahirapan kang makahanap ng buyer ng bigger amounts. Probably ask on social media? Kung ok lang sayo na i-expose mo in public na nagbebenta ka ng BTC. Though very time consuming nga lang.

Unfortunately kokonti lang buyers/sellers sa LocalBitcoins: https://localbitcoins.com/country/PH

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May 15, 2019, 06:03:24 PM
Last edit: May 15, 2019, 06:23:09 PM by Bttzed03
Merited by GreatArkansas (1)
 #3

I am not sure if you already read it but you may still find this information useful PAANO MAKAKAKA TIPID PAG CONVERT TO PHP SA COINS.PH?

If you want other options, you can also try https://www.buybitcoin.ph and this one https://www.vhcex.com/

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May 15, 2019, 09:50:35 PM
 #4

Sa pagkakaalam ko ito lang Abra at coins.ph ang pwede nating gamitin sa area natin as of now, pero baka sa mga darating na araw ay may magbagong exchanger na naman.
Any way, wala naman tayong problema sa dalawa kasi especially for coins.ph kasi madai naman syang ibinigay na option kung saan natin pweding e-encash yung pera natin. Yung sa aking nga, transafer ko lang sa Banko from coins.ph at wala nang bayad kasi China bank ang gamit ko.   

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May 16, 2019, 12:53:46 AM
 #5

Have you ever heard of the Union Bank of the Philippines crypto ATM? I guess it's already up and running pero meron ka dapat bank account from them at so far maintained naman ito ni Coins.ph they are partner pwede ka mag encash pwede ka ring bumili ng crypto doon. Yun lang kung malayo ka at wala ka pang bank account sa UB malabo na magamit mo yun.

https://news.bitcoin.com/union-bank-philippines-cryptocurrency-atm/

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May 16, 2019, 01:10:21 AM
 #6

Check mo tong article galing sa friend natin dito sa forum https://bitpinas.com/cryptocurrency/sell-bitcoins-philippines/

Meron syang tatlong option bale si bitbit.cash, buybitcoin.ph(na banggit na sa taas) at coins.ph na mostly ginagamit natin.

Subukan mo yung OTC exchange meron tayo dito palawan tumatanggap na ng bitcoin. Read mo to https://bitpinas.com/news/bitcoin-otc-bloomx-palawan-pawnshop/

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May 16, 2019, 01:22:28 AM
 #7

I am not sure if you already read it but you may still find this information useful PAANO MAKAKAKA TIPID PAG CONVERT TO PHP SA COINS.PH?
Sobrang makakatipid ka talaga pag itong paraan ang gagamitin mo pag sa coins.ph ka mag coconvert ng bitcoin mo to PHP.
Check mo lang yung thread na iyan, detailed yan, basahin mo lang. Tapos itong post na nasa thread na yan: Re: Sekretong Malupit sa Pag Convert to PHP sa Coins.ph!
Para mas maintindihan mo kung bakit nakakatipid pag ganyan na way ang gagawin.   

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gorigors
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May 16, 2019, 01:26:38 AM
 #8

Has anyone tried Bitstamp and Kraken fiat trading to your USD bank account?

Im trying to explore this option as well.
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May 16, 2019, 04:51:52 AM
 #9

Yung iba direkta from Exchange kung mag cashout sila hindi lang ako sure kung mas makakatipid kagaya ng isang kaforum natin dito @arielbit from Bittrex to BPI account niya eto yung link kung di mo pa na visit ito https://bitcointalk.org/index.php?topic=5108813.msg49699968#msg49699968

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Sanitough
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May 16, 2019, 05:38:29 AM
 #10

I saw the best way on how to convert your bitcoin into fiat, but I haven't tried it yet.

Go over this thread Alternative for BTC cash in and cash out [USD bank account]  and follow the instruction. All you need is to open a USD bank account and verified your Bittrex account then you are good to go.

The benefit that you'll get here is you will get a good conversation rate using http://preev.com/ which is higher than coins.ph.




Didn't notice it was already mentioned by the poster above me, but count me in as one of the members who recommend this method.
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May 16, 2019, 10:12:59 PM
 #11

Maghanap ka ng exchanger mismo na tao para mas makatipid ka sa mga fees, yung mga legit lang ha kasi madaming scam dyan naglipana. Kung ayaw mo naman ng fees pwedeng mag egivecash ka kasi walang fee yan pero madaming issues yan. Ako ang ginagawa ko para makatipid ng fee, direct to bank deposit nalang kasi yan ang pinaka tipid sakin. Wala kang babayaran na fee kahit na hindi siya ganun kabilis kasi abot ng 1 day ang transfer di tulad ng ibang may fee, kapag pag may encash ka dapat advance mo lagi schedule mo.

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May 16, 2019, 10:49:43 PM
 #12

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?
For big amounts the best solution is peer-to-peer. Though sa Philippines, baka mahirapan kang makahanap ng buyer ng bigger amounts. Probably ask on social media? Kung ok lang sayo na i-expose mo in public na nagbebenta ka ng BTC. Though very time consuming nga lang.

Unfortunately kokonti lang buyers/sellers sa LocalBitcoins: https://localbitcoins.com/country/PH
Yes tama mahihirapan ka magbenta ng malaki gamit ang platforms pero kung sa tao lang madali ito. Sa ngayon coins.ph palang nag nasusubukan ko kase dito naman ako nagstart and so far wala pa naman akong  naeencounter na problem, madali lang naman magcash-out make sure lang na di kahinahinala ang pagcash-out mo.

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May 16, 2019, 11:32:03 PM
 #13

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?

I would appreciate if you share it here.

So priority is for large transactions purposes right? I really preferred meetups as main option sa mga ganyan.

Anyways what price range we are talking here about "large transactions"?

Make an offering post sa mga crypto social groups. May mga nakikita ako minsan na buyer and sellers.

Hit me a PM. I know some persons na baka puwede makatulong sa iyo. No worries kilala tong mga sasabihin ko in the world of crypto dito sa Pinas kaya lang as a respect I will not post their names in public without their permission.

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May 16, 2019, 11:47:43 PM
 #14

Hello guys,

I just want to ask here all your ways on how to you encash your crypto.

I already have an idea on some exchanges like Abra,coins.ph.

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?

I would appreciate if you share it here.
Depende sa transactions amount mo, if its small money lang naman ok ang coins.ph pero pag malaki na di ko pa kase natry sa coins.ph and baka ma lock pa yung account mo so i suggest to do a P2P transactions which is mas safe pero mas ok kung kakilala mo ren naman yung tao or bank to wallet transactions.

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May 17, 2019, 01:45:24 AM
 #15

Hello guys,

I just want to ask here all your ways on how to you encash your crypto.

I already have an idea on some exchanges like Abra,coins.ph.

If you have any idea on other ways specially for larger transactions. Ways on how to minimize fees on large transaction?

I would appreciate if you share it here.
Depende sa transactions amount mo, if its small money lang naman ok ang coins.ph pero pag malaki na di ko pa kase natry sa coins.ph and baka ma lock pa yung account mo so i suggest to do a P2P transactions which is mas safe pero mas ok kung kakilala mo ren naman yung tao or bank to wallet transactions.

Hindi ma lock ung account mo pag malaki ung transaction mo ky coins.ph as long na verified ka kasi my limit naman sila dipende sa level ng account mo in terms of verification. Highest withdraw ko sa coins.ph hindi ako nahirapan papunta ng back account ko. Pag remittance center kasi meron sila maximum lang at another verification sa part ng remittance center.

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May 17, 2019, 03:26:08 AM
 #16

Itong mga list na ito na pwede mong ma cash out ang crypto mo for fiat pero yun nga lang hindi sila base sa pilipinas mga ibang bansa yung mga company na ito. pero dagdag na rin ito para may option ka kung saan mo gusto i convert ang crypto mo.

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May 18, 2019, 09:45:41 AM
 #17

so far coins ph pa lang ang nagagamit ko and subok ko na naman.  ETH lang naman ang winiwithdraw ko dito at lagi ko ginagamit yung LBC express kasi isang oras lang makukuha mo na agad.

(saka ginagamit ko rin kasi pang load dahil sa rebate kaya may balance ako lagi duon ^^)

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May 18, 2019, 10:45:37 AM
 #18

so far coins ph pa lang ang nagagamit ko and subok ko na naman.  ETH lang naman ang winiwithdraw ko dito at lagi ko ginagamit yung LBC express kasi isang oras lang makukuha mo na agad.

(saka ginagamit ko rin kasi pang load dahil sa rebate kaya may balance ako lagi duon ^^)

alam mo maganda nga din itong coins. ph kasi sa pinas eto ang kadalasan ginagamit o karamihan dito ayan yung ginagamit nila for cash out pero may iba ka pa din naman choices eh like Bitpanda or Coinbase
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May 18, 2019, 11:48:17 AM
 #19

so far coins ph pa lang ang nagagamit ko and subok ko na naman.  ETH lang naman ang winiwithdraw ko dito at lagi ko ginagamit yung LBC express kasi isang oras lang makukuha mo na agad.

(saka ginagamit ko rin kasi pang load dahil sa rebate kaya may balance ako lagi duon ^^)

alam mo maganda nga din itong coins. ph kasi sa pinas eto ang kadalasan ginagamit o karamihan dito ayan yung ginagamit nila for cash out pero may iba ka pa din naman choices eh like Bitpanda or Coinbase
Hindi ka makakapag withdraw ng peso sa coinbase not allowed pa ang country natin ewan ko lang sa bitpanda ngayon ko lang narinig yan possible na scam yan.

Dahan dahan lang sa pag post dahil parang nag post ko lang dito hindi mo man lang sinesearch muna kung pwede ba mag cashout sa coinbase to peso.

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May 18, 2019, 04:02:34 PM
 #20

Itong mga list na ito na pwede mong ma cash out ang crypto mo for fiat pero yun nga lang hindi sila base sa pilipinas mga ibang bansa yung mga company na ito. pero dagdag na rin ito para may option ka kung saan mo gusto i convert ang crypto mo.

Binance
Coinbase
BitMEX
Bittrex
Poloniex
HitBTC
Bibox
Kraken
Gate
Cryptopia
Bit-Z
Okex


May iialn diyan na maaring gamitin ng ating mga kababayan sa pagcashout ng kanilang mga pera pero need ata ng bank account at depende pa sa bank account na mayroon ka. Dahil ang karamihan diyan ay hindi supported kaya hindi ka makakapgcashout ng pera mula sa kanila unless lang talaga na gagamitin mo ang coins.ph at iba pang site na pwedeng magcashout ng bitcoin to fiat.

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