How To Withdraw Bitcoin Anonymously
2021年7月22日Register here: http://gg.gg/vhfsh
*Do you HODL bitcoins?
*Are you looking to cash out your bitcoins?
Cash out Bitcoin. Today we explain How To Cash Out Bitcoin Anonymously for you. Many crypto exchanges do not allow working with fiat and large amounts of money without confirming the identity of their owner, as this is required by financial regulators. Whether you are looking for a reliable tool for daily operations or the cheapest way to buy Bitcoin, OWNR has it all covered. With OWNR, you can store, exchange, receive and send 11 coins, manage all the ERC20 tokens, watch BTC price spikes, buy crypto with a card — all in a single app complying with the highest security standards.
Well, if these questions resonate with you, then you are in the right place.
Pros: You can choose a range of payment methods, you can sell anonymously. Some exchanges may also allow you to sell Bitcoin for AUD, then withdraw your AUD to the credit card or bank account. This enables the trail difficult to follow on the blockchain. The mixing is also referred to Bitcoin washing, Bitcoin tumbling and, Bitcoin laundering. To Stay Anonymous Use Tor-Onion Router. One can use a Tor Browser to connect with the Bitcoin network. It is a volunteer community which runs on anonymity and surveillance-free internet usage. Buy Bitcoin with Skrill through Paybis. Paybis is a user-friendly intuitive cryptocurrency exchange allowing users to easily buy Bitcoin with Skrill. The UK based exchange aims to take away the complications of buying cryptocurrencies combined with a clear fee structure and helpful customer support.
I believe some of you want to sell their bitcoins because of one of these reasons:
*You have now lost interest in Bitcoin.
*Or you think you have made enough returns out of your Bitcoin investment.
In any case, you just want to convert your BTC into cash either to realize profits or free up your stuck capital.
However, whatever your reason might be, I understand your stand as one might sometime feel the need for extra capital or would like to realize profits.
That’s why I think it is important to talk about the questions that come up while converting BTC into cash so that you don’t hit a road:
*How to get USD, EUR or GBP for Bitcoin?
*Where to cash out Bitcoin?
*Where to convert Bitcoin into fiat like USD, EUR, GBP, etc?
*How To Withdraw Bitcoins To Cash?Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
So some of the exchanges that allow you to do so are:Convert Bitcoin To Cash ServicesUSPsCoinbase[10$ Bonus on 100$ above transaction]CEXAll Countries & almost all fiat pairs supported including South Africa & NigeriaPaxfulTo sell BTC in-person & receive cash in any fiat currencyCoinmamaBititEuropean Countries & almost all fiat pairs supportedWazirX(India Only)Convert BTC to INR
These exchanges will help you cover most of Europe, the US, and the UK. Cashing out Bitcoin isn’t easy at it looks but for you we have found out some of the best ways through which you can convert your bitcoins into cash.
But before we get into the specifics of that, you need to decide how do you want your cash?
Do you want it in your bank account or you want the hard cash by meeting someone in person.
Or do you want to have other stuff in exchange for your bitcoins like gift cards or Amazon products from Purse.io?
For now, assuming that you want the cash in your hand or your bank account, let’s get started:How & Where To Exchange Bitcoin For (or to) Real Cash Money Like US Dollars (USD), Pound Sterling (GBP), Euro (EUR), etc?
#1. Convert Bitcoin Into Cash Through A Fiat Supporting Exchange
It is highly likely that if you don’t have Bitcoin ATMs near you, you will be having fiat accepting Bitcoin exchanges in your country.
Using these exchanges, you can easily convert your bitcoins into cash like USD, EUR, or GBP. Of course, for this, you will be required to find such an exchange that deals in fiat and cryptocurrencies both.
You will also need to complete your KYC on such exchanges before you can exchange BTC to cash because fiat currency laws in most countries want exchanges to adhere to this policy.
Of course, I understand that I have not listed all the countries here but in reality, not all countries have such fiat linked cryptocurrency exchanges.
So for residents of those countries, I will be listing another method through which they can meet Bitcoin buyers/sellers in their country to cash out their bitcoins.
#2. Meet & Trade In-Person To Get Cash Through LocalBitcoins
For those BTC holders who have neither crypto exchanges nor Bitcoin ATMs in their country can exchange BTC for cash through LocalBitcoins.
LocalBitcoins is a peer to peer Bitcoin exchange service based out of Finland. LocalBitcoins is an escrowed service that has garnered quite a bit reputation since 2012 as the most liquid P2P Bitcoin exchange.
On LocalBitcoins you will a no-ground network of Bitcoin buyers and sellers in 16537 cities and 248 countries including your country too.
It gets better:
Through LocalBitcoins, you can meet the buyers and sellers in-person to negotiate and execute a Bitcoin trade. Moreover, when you are cashing out BTC you have a lot many options to receive your cash ( SEPA Transfer, bank deposit, PayPal, Payoneer, cash).
Getting started with LocalBitcoins is also easy as it only takes your email ID to begin with. After which you can explore the simple and intuitive UI of LocalBitcoins to filter out relevant buy/sell deals for yourself.
Note: Be sure to check the reputation of the buyer/seller before you decide to pick up a deal on LocalBitcoins and never release your bitcoins without confirming your payment receipt.
And just when I am completing this, I am realizing that there might be another category of Bitcoiners who would be thinking to cash out Bitcoin to short it and buy back when the price is lower.
For those kinds of Bitcoin users converting Bitcoin into cash might not be the ideal thing and that’s why such types of users prefer converting Bitcoin to USDT like stablecoins.
And hence I am sharing a bonus method just to do the same.
#3. Convert Bitcoin To USDT or Stablecoin like TUSD etc
Anyone who wants to cash Bitcoin and not get into KYC like things can do so by cashing out in fiat digital currencies, i.e., Stablecoins like USDT, TUSD, etc.
Here are some of the popular exchanges that will let your convert BTC to USDT or similar stablecoins:
*Binance: Supported pairs are BTC/USDT, TUSD/BTC
*BitBay: Supported pairs are XMR/BTC
*Huobi: Supported pairs are BTC/USDT
*Gate.io: Supported pairs are BTC/USDT
This method will reduce your headache of dealing with KYC and other banking problems which you might run into when trying to cash out your bitcoins through fiat linked crypto exchanges.
*****4. Bonus: Cashout Bitcoins Through A Bitcoin ATM
One of the easiest ways to convert Bitcoin to cash is through Bitcoin ATMs.
For those of you who don’t know about Bitcoin ATMs, here is a simple explanation of it:
Bitcoin ATMs are much like traditional exchanges from where you can either get cash for Bitcoin, or you can get Bitcoin for cash. This method is usually anonymous and requires you to have a Bitcoin wallet in case you are receiving Bitcoin or selling it.
A Bitcoin ATM asks you to scan its public address, and when you have transferred BTCs to that address, it splits out equivalent fiat.
For this, you first need to make sure that you have a Bitcoin ATM nearby and that you can do it through the Coin ATM Radar service.
Using Coin ATM Radar, you can find out nearby Bitcoin ATMs and check its exchange rates as well as transaction fees. For example, this Bitcoin ATM in Chicoutimi at Place du Royaume has these specs:
*ATM Type: Genesis Coin
*Direction: Fiat ⇄ Crypto
*Fees: Buy 13.0%, Sell 16.9% from BitcoinAverage Fees updated: 12 minutes ago.
* Limits: Buy: $10000/txn, Sell: $2900/txn
So this is how you can get fiat for Bitcoin through a Bitcoin ATM.
But just after writing this, I realized that not everyone would be able to find Bitcoin ATMs nearby.
That’s because there are only a few Bitcoin ATMs around the world as of now and that brings me to my next section which is a much easier way to convert BTC to fiat if you don’t have ATMs nearby you.Conclusion: How To Convert Bitcoins to cash
These are some of the best methods that you can use to cash out your bitcoins for fiat currencies like USD, EUR, CNY, or GBP.
However, I understand that many countries are still left untouched by the methods I have listed above and to name a few such as Australia, Zimbabwe, Argentina, etc.
For these countries and other left-out countries, TheMoneyMongers plans to bring a comprehensive list of resources using which they will be able to buy/sell Bitcoin in their respective countries.
We intend to start first with first and second world countries such as listed below. After which we will finally make our way for third world countries, who actually need Bitcoin the most.
*The USA
*India
*Europe
*Australia
*China
*Japan
So untill we do so, I want to leave you with answers of few frequently asked questions (FAQs) to help you relax in order to exchange your bitcoins to cash:Q1) Can You Exchange Bitcoin for US Dollars (USD), Pound Sterling (GBP), Euro (EUR), CAD, etc?
Yes, you can very well exchange Bitcoin for various fiat currencies like USD, GBP, or EUR. There are more fiat currencies to which you can convert according to the country where you are residing.Q2) How To Convert Bitcoins To Cash Anonymously?
This part is a bit tricky as there aren’t many services that you can use to convert BTC to cash anonymously. But you can definitely try LocalBitcoins with an alias name and identity to meet someone in person to exchange BTC to cash
So that’s all from our side in this round-up and I hope you liked this? If you did !! Do share it with your friends on social media who want to buy or sell Bitcoin !!
Note: Better than selling and cashing out your bitcoins, you can always take Bitcoin loans on your BTC holdings. Here is how you do that !!
Also, If you need some direction, feel free to contact us at @themoneymongers.
Contents
*Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
*Conclusion: How To Convert Bitcoins to cash
Contents
*1 Cash out Bitcoin
*1.2 Ways to buy / sell BTC for cashCash out Bitcoin
Today we explain How To Cash Out Bitcoin Anonymously for you.
Many crypto exchanges do not allow working with fiat and large amounts of money without confirming the identity of their owner, as this is required by financial regulators. To implement the human right to maintain confidentiality in financial transactions and, if desired, for one reason or another, to maintain complete anonymity, cash transactions come to the rescue. Transactions where no one asks for your passport. It should be borne in mind that when buying or selling for cash, the only cost item will be the network commission, without which no BTC transfer is possible.Advantages and disadvantages of exchanging BTC for cash
Pros: – Minimization of the commission;
– High anonymity;
– Many authorized PSs and exchangers support this feature.
Cons: – It is difficult to find a counterparty in small settlements;How To Withdraw Bitcoin Anonymously Account
– Potential danger when meeting, if you contact an unknown person.Ways to buy / sell BTC for cash
There are 6 main ways to cash out Bitcoin. Before choosing one of them, you need to consider the following factors:
*what actions and steps the process will require
*what amount you want to cash out
*where do you want to send your funds after the sale of BTC: to a bank account or electronic wallet
After examining these factors, some methods will seem preferable to you than others.
*Cashing out bitcoin through a bank card
An easier way to sell BTC for cash is to deposit funds to your card and then withdraw from any ATM. The disadvantage of this operation is the reduction of anonymity: a large transaction will draw the attention of the bank, tax authorities, etc. But if the amount is not very large and anonymity is not important for you, then this is the most comfortable option.
The main ways to withdraw BTC to the card are:
*Crypto exchanges
*Electronic payment systems
*Exchangers
*P2P exchanges
*Cryptocurrency exchangers
Using the BestChange website, you can find cryptocurrency exchangers with the ability to exchange cash for bitcoin or vice versa. To do this, select cash in the first column, and BTC in the second. Then a list of all exchangers supporting this direction will be displayed to the left.
Exchange procedure:
-Leave a request by filling in the details.
-Write to the online chat of the exchanger, attaching the application number or wait for the operator to contact you.
– Agree on the time and place of the meeting.
-When meeting, the seller transfers bitcoin, the rate is usually fixed after one confirmation of the network.
-Buyer transfers cash.
Many exchange services also provide a courier money delivery service.
*P2P exchanges
Peer-to-peer exchanges allow you to cash out bitcoin anonymously and with the ability to choose an offer that is convenient for you. Most of these platforms are reasonably secure, even without a centralized governing body. La riviera casino no deposit bonus codes 2019. For example: Paxful, LocalCryptos, Cryptolocator.
Transactions take place privately between users, without intermediaries, which makes the transaction anonymous. Market participants choose their own convenient payment methods, including different banks, payment systems and cash. Each option has its own conditions and fees. In most cases, you will be able to exchange cryptocurrency without having to disclose your details. Also, these sites have a rating system that helps you choose a reliable counterparty. An additional level of security is provided by the escrow system.
*Payment systems
Some payment systems also allow you to get cash for bitcoin. AdvCash makes it possible to withdraw cashin USD, EUR with a commission from 0 to 7% through cooperation with a large third-party exchanger. The minimum withdrawal amount must be equivalent to 3000 USD. Some cryptocurrency exchanges (Livecoin, WEX, EXMO) allow direct withdrawal of fiat money to the Advanced wallet. The principle of action in this case is quite simple.
Step # 1. After registering in the system, you need to replenish your account with bitcoins.
Step # 2. Open the “Transfer of funds” tab and select the appropriate option:
-via exchangers;
-to a bank card;
-to ADVcash card;
-between wallets within the system;
-in electronic currency (Payeer, Perfect Money, etc.);
-cash.
For those who plan to use the service for withdrawing cash on a regular basis, it is better to order an ADVcash / MasterCard (EUR or USD) card. This will make it possible to withdraw cryptocoins at the right time, since money can be cashed out at any ATM, in any fiat currency (an additional commission is charged for exchanging euros or dollars for rubles).
*Cryptomats
Another physical way to sell bitcoin is to use a crypto ATM. These devices can be found around the world, but not all of them provide the ability to sell bitcoins.
For example, consider the process of selling BTC for cash. To do this, select the “Sale” item. Enter the amount of BTC you want to sell. In most cases, you will also need to enter the SMS code. Download a bitcoin wallet to your mobile device, prepare it for work. You can generate a wallet address in advance so as not to do it near the ATM6.Thematic forums
On forums and social networks, you can find a large number of posts and comments suggesting buying or selling Bitcoin for cash.
If you have friends or family who are willing to do this kind of deal with you, this is ideal. But financial interaction with a stranger without any guarantor is a significant risk.How To Withdraw Bitcoin Anonymously PaypalConclusion
There is nothing wrong with buying or selling bitcoins for cash as long as it is convenient for both parties. Therefore, all warnings about the danger are not in order to scare and dissuade from such a method, but simply because in any financial transactions, especially for large amounts, you should be extremely careful and be aware of various risks. Be responsible for storing and exchanging your cryptocurrency, especially now, when the value of bitcoin is at record positions, and may grow even more in the future.
Register here: http://gg.gg/vhfsh
https://diarynote.indered.space
*Do you HODL bitcoins?
*Are you looking to cash out your bitcoins?
Cash out Bitcoin. Today we explain How To Cash Out Bitcoin Anonymously for you. Many crypto exchanges do not allow working with fiat and large amounts of money without confirming the identity of their owner, as this is required by financial regulators. Whether you are looking for a reliable tool for daily operations or the cheapest way to buy Bitcoin, OWNR has it all covered. With OWNR, you can store, exchange, receive and send 11 coins, manage all the ERC20 tokens, watch BTC price spikes, buy crypto with a card — all in a single app complying with the highest security standards.
Well, if these questions resonate with you, then you are in the right place.
Pros: You can choose a range of payment methods, you can sell anonymously. Some exchanges may also allow you to sell Bitcoin for AUD, then withdraw your AUD to the credit card or bank account. This enables the trail difficult to follow on the blockchain. The mixing is also referred to Bitcoin washing, Bitcoin tumbling and, Bitcoin laundering. To Stay Anonymous Use Tor-Onion Router. One can use a Tor Browser to connect with the Bitcoin network. It is a volunteer community which runs on anonymity and surveillance-free internet usage. Buy Bitcoin with Skrill through Paybis. Paybis is a user-friendly intuitive cryptocurrency exchange allowing users to easily buy Bitcoin with Skrill. The UK based exchange aims to take away the complications of buying cryptocurrencies combined with a clear fee structure and helpful customer support.
I believe some of you want to sell their bitcoins because of one of these reasons:
*You have now lost interest in Bitcoin.
*Or you think you have made enough returns out of your Bitcoin investment.
In any case, you just want to convert your BTC into cash either to realize profits or free up your stuck capital.
However, whatever your reason might be, I understand your stand as one might sometime feel the need for extra capital or would like to realize profits.
That’s why I think it is important to talk about the questions that come up while converting BTC into cash so that you don’t hit a road:
*How to get USD, EUR or GBP for Bitcoin?
*Where to cash out Bitcoin?
*Where to convert Bitcoin into fiat like USD, EUR, GBP, etc?
*How To Withdraw Bitcoins To Cash?Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
So some of the exchanges that allow you to do so are:Convert Bitcoin To Cash ServicesUSPsCoinbase[10$ Bonus on 100$ above transaction]CEXAll Countries & almost all fiat pairs supported including South Africa & NigeriaPaxfulTo sell BTC in-person & receive cash in any fiat currencyCoinmamaBititEuropean Countries & almost all fiat pairs supportedWazirX(India Only)Convert BTC to INR
These exchanges will help you cover most of Europe, the US, and the UK. Cashing out Bitcoin isn’t easy at it looks but for you we have found out some of the best ways through which you can convert your bitcoins into cash.
But before we get into the specifics of that, you need to decide how do you want your cash?
Do you want it in your bank account or you want the hard cash by meeting someone in person.
Or do you want to have other stuff in exchange for your bitcoins like gift cards or Amazon products from Purse.io?
For now, assuming that you want the cash in your hand or your bank account, let’s get started:How & Where To Exchange Bitcoin For (or to) Real Cash Money Like US Dollars (USD), Pound Sterling (GBP), Euro (EUR), etc?
#1. Convert Bitcoin Into Cash Through A Fiat Supporting Exchange
It is highly likely that if you don’t have Bitcoin ATMs near you, you will be having fiat accepting Bitcoin exchanges in your country.
Using these exchanges, you can easily convert your bitcoins into cash like USD, EUR, or GBP. Of course, for this, you will be required to find such an exchange that deals in fiat and cryptocurrencies both.
You will also need to complete your KYC on such exchanges before you can exchange BTC to cash because fiat currency laws in most countries want exchanges to adhere to this policy.
Of course, I understand that I have not listed all the countries here but in reality, not all countries have such fiat linked cryptocurrency exchanges.
So for residents of those countries, I will be listing another method through which they can meet Bitcoin buyers/sellers in their country to cash out their bitcoins.
#2. Meet & Trade In-Person To Get Cash Through LocalBitcoins
For those BTC holders who have neither crypto exchanges nor Bitcoin ATMs in their country can exchange BTC for cash through LocalBitcoins.
LocalBitcoins is a peer to peer Bitcoin exchange service based out of Finland. LocalBitcoins is an escrowed service that has garnered quite a bit reputation since 2012 as the most liquid P2P Bitcoin exchange.
On LocalBitcoins you will a no-ground network of Bitcoin buyers and sellers in 16537 cities and 248 countries including your country too.
It gets better:
Through LocalBitcoins, you can meet the buyers and sellers in-person to negotiate and execute a Bitcoin trade. Moreover, when you are cashing out BTC you have a lot many options to receive your cash ( SEPA Transfer, bank deposit, PayPal, Payoneer, cash).
Getting started with LocalBitcoins is also easy as it only takes your email ID to begin with. After which you can explore the simple and intuitive UI of LocalBitcoins to filter out relevant buy/sell deals for yourself.
Note: Be sure to check the reputation of the buyer/seller before you decide to pick up a deal on LocalBitcoins and never release your bitcoins without confirming your payment receipt.
And just when I am completing this, I am realizing that there might be another category of Bitcoiners who would be thinking to cash out Bitcoin to short it and buy back when the price is lower.
For those kinds of Bitcoin users converting Bitcoin into cash might not be the ideal thing and that’s why such types of users prefer converting Bitcoin to USDT like stablecoins.
And hence I am sharing a bonus method just to do the same.
#3. Convert Bitcoin To USDT or Stablecoin like TUSD etc
Anyone who wants to cash Bitcoin and not get into KYC like things can do so by cashing out in fiat digital currencies, i.e., Stablecoins like USDT, TUSD, etc.
Here are some of the popular exchanges that will let your convert BTC to USDT or similar stablecoins:
*Binance: Supported pairs are BTC/USDT, TUSD/BTC
*BitBay: Supported pairs are XMR/BTC
*Huobi: Supported pairs are BTC/USDT
*Gate.io: Supported pairs are BTC/USDT
This method will reduce your headache of dealing with KYC and other banking problems which you might run into when trying to cash out your bitcoins through fiat linked crypto exchanges.
*****4. Bonus: Cashout Bitcoins Through A Bitcoin ATM
One of the easiest ways to convert Bitcoin to cash is through Bitcoin ATMs.
For those of you who don’t know about Bitcoin ATMs, here is a simple explanation of it:
Bitcoin ATMs are much like traditional exchanges from where you can either get cash for Bitcoin, or you can get Bitcoin for cash. This method is usually anonymous and requires you to have a Bitcoin wallet in case you are receiving Bitcoin or selling it.
A Bitcoin ATM asks you to scan its public address, and when you have transferred BTCs to that address, it splits out equivalent fiat.
For this, you first need to make sure that you have a Bitcoin ATM nearby and that you can do it through the Coin ATM Radar service.
Using Coin ATM Radar, you can find out nearby Bitcoin ATMs and check its exchange rates as well as transaction fees. For example, this Bitcoin ATM in Chicoutimi at Place du Royaume has these specs:
*ATM Type: Genesis Coin
*Direction: Fiat ⇄ Crypto
*Fees: Buy 13.0%, Sell 16.9% from BitcoinAverage Fees updated: 12 minutes ago.
* Limits: Buy: $10000/txn, Sell: $2900/txn
So this is how you can get fiat for Bitcoin through a Bitcoin ATM.
But just after writing this, I realized that not everyone would be able to find Bitcoin ATMs nearby.
That’s because there are only a few Bitcoin ATMs around the world as of now and that brings me to my next section which is a much easier way to convert BTC to fiat if you don’t have ATMs nearby you.Conclusion: How To Convert Bitcoins to cash
These are some of the best methods that you can use to cash out your bitcoins for fiat currencies like USD, EUR, CNY, or GBP.
However, I understand that many countries are still left untouched by the methods I have listed above and to name a few such as Australia, Zimbabwe, Argentina, etc.
For these countries and other left-out countries, TheMoneyMongers plans to bring a comprehensive list of resources using which they will be able to buy/sell Bitcoin in their respective countries.
We intend to start first with first and second world countries such as listed below. After which we will finally make our way for third world countries, who actually need Bitcoin the most.
*The USA
*India
*Europe
*Australia
*China
*Japan
So untill we do so, I want to leave you with answers of few frequently asked questions (FAQs) to help you relax in order to exchange your bitcoins to cash:Q1) Can You Exchange Bitcoin for US Dollars (USD), Pound Sterling (GBP), Euro (EUR), CAD, etc?
Yes, you can very well exchange Bitcoin for various fiat currencies like USD, GBP, or EUR. There are more fiat currencies to which you can convert according to the country where you are residing.Q2) How To Convert Bitcoins To Cash Anonymously?
This part is a bit tricky as there aren’t many services that you can use to convert BTC to cash anonymously. But you can definitely try LocalBitcoins with an alias name and identity to meet someone in person to exchange BTC to cash
So that’s all from our side in this round-up and I hope you liked this? If you did !! Do share it with your friends on social media who want to buy or sell Bitcoin !!
Note: Better than selling and cashing out your bitcoins, you can always take Bitcoin loans on your BTC holdings. Here is how you do that !!
Also, If you need some direction, feel free to contact us at @themoneymongers.
Contents
*Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
*Conclusion: How To Convert Bitcoins to cash
Contents
*1 Cash out Bitcoin
*1.2 Ways to buy / sell BTC for cashCash out Bitcoin
Today we explain How To Cash Out Bitcoin Anonymously for you.
Many crypto exchanges do not allow working with fiat and large amounts of money without confirming the identity of their owner, as this is required by financial regulators. To implement the human right to maintain confidentiality in financial transactions and, if desired, for one reason or another, to maintain complete anonymity, cash transactions come to the rescue. Transactions where no one asks for your passport. It should be borne in mind that when buying or selling for cash, the only cost item will be the network commission, without which no BTC transfer is possible.Advantages and disadvantages of exchanging BTC for cash
Pros: – Minimization of the commission;
– High anonymity;
– Many authorized PSs and exchangers support this feature.
Cons: – It is difficult to find a counterparty in small settlements;How To Withdraw Bitcoin Anonymously Account
– Potential danger when meeting, if you contact an unknown person.Ways to buy / sell BTC for cash
There are 6 main ways to cash out Bitcoin. Before choosing one of them, you need to consider the following factors:
*what actions and steps the process will require
*what amount you want to cash out
*where do you want to send your funds after the sale of BTC: to a bank account or electronic wallet
After examining these factors, some methods will seem preferable to you than others.
*Cashing out bitcoin through a bank card
An easier way to sell BTC for cash is to deposit funds to your card and then withdraw from any ATM. The disadvantage of this operation is the reduction of anonymity: a large transaction will draw the attention of the bank, tax authorities, etc. But if the amount is not very large and anonymity is not important for you, then this is the most comfortable option.
The main ways to withdraw BTC to the card are:
*Crypto exchanges
*Electronic payment systems
*Exchangers
*P2P exchanges
*Cryptocurrency exchangers
Using the BestChange website, you can find cryptocurrency exchangers with the ability to exchange cash for bitcoin or vice versa. To do this, select cash in the first column, and BTC in the second. Then a list of all exchangers supporting this direction will be displayed to the left.
Exchange procedure:
-Leave a request by filling in the details.
-Write to the online chat of the exchanger, attaching the application number or wait for the operator to contact you.
– Agree on the time and place of the meeting.
-When meeting, the seller transfers bitcoin, the rate is usually fixed after one confirmation of the network.
-Buyer transfers cash.
Many exchange services also provide a courier money delivery service.
*P2P exchanges
Peer-to-peer exchanges allow you to cash out bitcoin anonymously and with the ability to choose an offer that is convenient for you. Most of these platforms are reasonably secure, even without a centralized governing body. La riviera casino no deposit bonus codes 2019. For example: Paxful, LocalCryptos, Cryptolocator.
Transactions take place privately between users, without intermediaries, which makes the transaction anonymous. Market participants choose their own convenient payment methods, including different banks, payment systems and cash. Each option has its own conditions and fees. In most cases, you will be able to exchange cryptocurrency without having to disclose your details. Also, these sites have a rating system that helps you choose a reliable counterparty. An additional level of security is provided by the escrow system.
*Payment systems
Some payment systems also allow you to get cash for bitcoin. AdvCash makes it possible to withdraw cashin USD, EUR with a commission from 0 to 7% through cooperation with a large third-party exchanger. The minimum withdrawal amount must be equivalent to 3000 USD. Some cryptocurrency exchanges (Livecoin, WEX, EXMO) allow direct withdrawal of fiat money to the Advanced wallet. The principle of action in this case is quite simple.
Step # 1. After registering in the system, you need to replenish your account with bitcoins.
Step # 2. Open the “Transfer of funds” tab and select the appropriate option:
-via exchangers;
-to a bank card;
-to ADVcash card;
-between wallets within the system;
-in electronic currency (Payeer, Perfect Money, etc.);
-cash.
For those who plan to use the service for withdrawing cash on a regular basis, it is better to order an ADVcash / MasterCard (EUR or USD) card. This will make it possible to withdraw cryptocoins at the right time, since money can be cashed out at any ATM, in any fiat currency (an additional commission is charged for exchanging euros or dollars for rubles).
*Cryptomats
Another physical way to sell bitcoin is to use a crypto ATM. These devices can be found around the world, but not all of them provide the ability to sell bitcoins.
For example, consider the process of selling BTC for cash. To do this, select the “Sale” item. Enter the amount of BTC you want to sell. In most cases, you will also need to enter the SMS code. Download a bitcoin wallet to your mobile device, prepare it for work. You can generate a wallet address in advance so as not to do it near the ATM6.Thematic forums
On forums and social networks, you can find a large number of posts and comments suggesting buying or selling Bitcoin for cash.
If you have friends or family who are willing to do this kind of deal with you, this is ideal. But financial interaction with a stranger without any guarantor is a significant risk.How To Withdraw Bitcoin Anonymously PaypalConclusion
There is nothing wrong with buying or selling bitcoins for cash as long as it is convenient for both parties. Therefore, all warnings about the danger are not in order to scare and dissuade from such a method, but simply because in any financial transactions, especially for large amounts, you should be extremely careful and be aware of various risks. Be responsible for storing and exchanging your cryptocurrency, especially now, when the value of bitcoin is at record positions, and may grow even more in the future.
Register here: http://gg.gg/vhfsh
https://diarynote.indered.space
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