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Author Topic: How to cash out crypto payment  (Read 230 times)
willcrypto02387154 (OP)
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July 02, 2022, 02:30:31 PM
 #1

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?

Thanks

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July 02, 2022, 02:53:30 PM
 #2

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?

What country are you in. Bisq don't offer great rates but they're a good choice for not having to do any kyc.

I've heard of non kyc exchanges (like relai.ch/relai.appo) but don't have any experience with them so I'm not sure of their safety/reputation.

You could also say you want to trade on the currency exchange board here and ask if someone wants to deal with you (via online payments like PayPal).

Also I think the payment processor revolut can handle crypto to fiat transfers so it might be one to check.
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July 02, 2022, 02:56:16 PM
 #3

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?

I don't know what country you live in, if I knew, I could talk about some third party peer-to-peer websites according to that country.  I can tell you as a suggestion you can find on YouTube.  For example: How to convert my usdc to (your country currency name) without kyc.

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willcrypto02387154 (OP)
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July 02, 2022, 02:58:17 PM
Last edit: July 03, 2022, 02:43:58 PM by mprep
 #4

Thanks @jackg



I am in Morocco

[moderator's note: consecutive posts merged]
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July 02, 2022, 03:35:40 PM
 #5

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?

Thanks



Since you want to prevent KYC, I suggest selling your BTCs via p2p transactions between you and some other person. Though this mode may be risky, I highly recommend using an escrow to utilize the transaction to make it relatively safe and secured at the same time.

If abovementioned procedure fails, then I suggest creating an account in your respective local exchanges. Though KYC documents are needed, you can still create an account but you are faced with certain deposit/withdrawal limitations.
willcrypto02387154 (OP)
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July 02, 2022, 03:38:03 PM
 #6

thanks guys, I think solutions like bisq are better. can not find software dev anywhere for years.
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July 02, 2022, 04:03:27 PM
 #7

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?

Thanks



There are many exchanges present online through which you can easily convert any currency into BTC or ETH.
They charge small fees for the conversion and doesn’t take much time.
Once you convert it to BTC or ETH, they you can easily sell it though P2P deals.
You can go to localcryptos.com and use it’s P2P deals without any KYC process.
In this way you can easily cashout digital currency without providing any KYC.
Hope this helps you OP.

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July 02, 2022, 04:03:52 PM
 #8

If they can pay in USDC to the customer, this means they are using cryptocurrency. I think they can also help you convert to other anonymous coins before transferring the payment to you. For example, a highly anonymous coin like Moreno, it is a completely anonymous coin if you don't want your information online. Try talking to them.

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July 02, 2022, 04:23:01 PM
 #9

A software company want to pay me in USDC but I dont want to sign with KYC , I dont want to put my ID online is there a way to create a USDC wallet to receive payments and cash out directly ?
~

Most of the exchanges are required KYC now, which can be quite irritating.  

It is worth looking on CMC to find out the suitable one for you. If I remember correctly, Kucoin centralized exchange that you could try, it does not require KYC like Binance, Huobi, or FTX exchange.

But there will be certain limitations for non-KYC users and I also don't know if your country has any restrictions on Kucoin or not.

You can visit and refer to:: https://www.kucoin.com



https://www.kucoin.com/support/360015102254-About-KYC-Verification

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July 02, 2022, 04:39:10 PM
 #10

I don't think it's ok to say here or not but make a fake ID for KYC and use it in binance or kucoin. It's helpful for many people. i used to use one when i was not issued an ID card. But don't use it for illegal use.
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July 02, 2022, 04:46:50 PM
 #11

I don't think it's ok to say here or not but make a fake ID for KYC and use it in binance or kucoin. It's helpful for many people. i used to use one when i was not issued an ID card. But don't use it for illegal use.

Well this is already an illegal use Grin and it's not a good suggestion nor here or elsewhere.
I will never made an attempt like this because I can just risk to have my account frozen or the get some complaint with legal departments of these sites.
Plus a counterfeit document is expensive and not easy to find (for sure who can provide it is not the best people for a deal).... Bad idea Sad definetely a bad idea!

@OP you can always exchange your crypto in a p2p / local market / local rates.
Isn't easy and there is some risk when you meet stranger but I think you can find some valid options...

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July 02, 2022, 05:46:07 PM
 #12

Maybe the better choice is to spend time gaining good trust on our forum. Through our currency exchange service you might get a way to cashout crypto payment. Ready to buy USDT Maybe you can request for a trade and ask the company to send USDT to this person and get it paid for you in cash.

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willcrypto02387154 (OP)
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July 02, 2022, 05:55:36 PM
 #13

Thanks to all.

I wanted to cash out to ATM card and someone told me about bitsa card but from some reason it is not compatible with any of my 4 android phones !! I dont want to go into risky deals each time

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July 02, 2022, 06:10:05 PM
 #14

Thanks to all.

I wanted to cash out to ATM card and someone told me about bitsa card but from some reason it is not compatible with any of my 4 android phones !! I dont want to go into risky deals each time


You can try and do some deals here at bitcointalk. There are some services and P2P trading available at Currency Exchange Board and in case you don’t want to risk any deals, you can ask for an Escrow to make no scam will happen during the trade. Escrow service requires minimal fee but there some trusted users here that will provide that for free.

How this helps you on doing P2P deals.


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haasanjui
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July 02, 2022, 06:11:17 PM
 #15

You can cash out your Crypto payment by using crypto exchanges such as Binance, Huobi Exchange many of others. You must know that your using exchange it is allowed in your country or not then you have to convert you payment in Usdt and Busd then you will able to cash out.

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willcrypto02387154 (OP)
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July 02, 2022, 06:25:51 PM
 #16

Is there any solution like bitsa withdraw to ATM card ?
dlightag
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July 02, 2022, 06:43:58 PM
 #17

Cash out crypto payment direct to local bank, have to under go KYC process and they is no big deal, and Binance exchange is best through the p2p transaction and is saved and faster without any story, and more reliable before release your fund on escrow, your account will be credited. 
willcrypto02387154 (OP)
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July 02, 2022, 09:50:13 PM
 #18

Bisq seems to be good but how to receive USDC into Bisq ?
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July 02, 2022, 11:55:03 PM
 #19

I don't think it's ok to say here or not but make a fake ID for KYC and use it in binance or kucoin. It's helpful for many people. i used to use one when i was not issued an ID card. But don't use it for illegal use.

That's a very bad suggestion you can use p2p but you won't be able to withdraw them directly to your bank account, ATM, or any payment method that needs your name unless the ID you use is one of your family.


Bisq seems to be good but how to receive USDC into Bisq ?

It seems they don't have a USDC option on their market if you can able to exchange or convert it to XMR there are many sellers/buyers looking for it.

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willcrypto02387154 (OP)
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July 03, 2022, 12:10:04 AM
 #20

many thanks guys for generous help big respect

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