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Author Topic: How to make cryptocurrency withdrawal?  (Read 31689 times)

Offline AltLogan

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How to make cryptocurrency withdrawal?
« on: October 29, 2018, 01:24:08 PM »
I am looking for the most reliable way to cash out digital assets as I never been trading before.
The most important for me is a secured way to withdraw crypto without passport scan or some other data requirements which are stored and can be stolen or used then.
I'm not interested in decentralized exchanges that collect information as they have no good reputation.
What's the process of converting to fiat and how can I be sure that transfer is secured?

Altcoins Talks - Cryptocurrency Forum

How to make cryptocurrency withdrawal?
« on: October 29, 2018, 01:24:08 PM »

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Offline TripleVodka

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Re: How to make cryptocurrency withdrawal?
« Reply #1 on: October 29, 2018, 03:09:11 PM »
In every country have different step to withdraw your assets to be cash money, I recommended to you to put your place or country on your thread, so that will make you'll get the best answer for your question.
If in my country, Indonesia, I'm using Indodax's account to withdraw my assets, there I should complete my ID and put my card's numbers, after that I'm withdraw my assets into IDR and about 1 hour the money received to my ATM card. So easy and safe because that using Google authenticator and phone number verification when we want to withdraw my assets. I'm really happy with the service which really fast and friendly.

Offline Zed0X

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Re: How to make cryptocurrency withdrawal?
« Reply #2 on: October 29, 2018, 06:09:27 PM »
I am looking for the most reliable way to cash out digital assets as I never been trading before.
The most important for me is a secured way to withdraw crypto without passport scan or some other data requirements which are stored and can be stolen or used then.
Depends on the centralized exchanges where your crypto is stored. I thinks most would not require KYC for withdrawals below 2 BTC.

I'm not interested in decentralized exchanges that collect information as they have no good reputation.
I have not heard of decentralized exchanges that collects your private information. Maybe what you meant is centralized exchanges?

What's the process of converting to fiat and how can I be sure that transfer is secured?
It is best to check the policy of your country when it comes to converting crypto to fiat. Each has different regulations.

Offline Bica

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Re: How to make cryptocurrency withdrawal?
« Reply #3 on: October 29, 2018, 11:45:05 PM »
The modern market offers the consumer cryptocurrency 4 of the most popular options for asset withdrawal:
- use of exchange resources;
- use of the functionality of exchange sites;
- work with the system WebMoney;
- using private services.
It should be noted that none of these options can be good “from all sides”. Providing the opportunity to get the maximum benefit while ensuring high reliability and comfort is quite difficult to combine. Each of these methods has its advantages and disadvantages.

Offline gribble

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Re: How to make cryptocurrency withdrawal?
« Reply #4 on: October 30, 2018, 12:17:43 AM »
I am looking for the most reliable way to cash out digital assets as I never been trading before.
The most important for me is a secured way to withdraw crypto without passport scan or some other data requirements which are stored and can be stolen or used then.
I'm not interested in decentralized exchanges that collect information as they have no good reputation.
What's the process of converting to fiat and how can I be sure that transfer is secured?
In my opinion, surely in every country have different regulatory steps for how to withdraw assets into cash, so I recommend you to place your place or country, so you get the best answers to your questions. because in my country, Indonesia, I use an Indodax account to withdraw my assets, there I have to complete my ID and enter my card number, after that I withdraw assets into IDR and about a few minutes the money is received to my ATM, so it's very easy and it's safe to use Google authentication and phone number verification when I want to withdraw my assets. And I feel very happy with the service that is very fast and also very friendly.

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Offline AltLogan

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Re: How to make cryptocurrency withdrawal?
« Reply #5 on: October 30, 2018, 12:21:49 PM »
In every country have different step to withdraw your assets to be cash money, I recommended to you to put your place or country on your thread, so that will make you'll get the best answer for your question.
If in my country, Indonesia, I'm using Indodax's account to withdraw my assets, there I should complete my ID and put my card's numbers, after that I'm withdraw my assets into IDR and about 1 hour the money received to my ATM card. So easy and safe because that using Google authenticator and phone number verification when we want to withdraw my assets. I'm really happy with the service which really fast and friendly.

I don't want to provide my ID or any other data.
Do you know any ways to do this?

Offline AltLogan

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Re: How to make cryptocurrency withdrawal?
« Reply #6 on: October 30, 2018, 12:23:43 PM »
I am looking for the most reliable way to cash out digital assets as I never been trading before.
The most important for me is a secured way to withdraw crypto without passport scan or some other data requirements which are stored and can be stolen or used then.
Depends on the centralized exchanges where your crypto is stored. I thinks most would not require KYC for withdrawals below 2 BTC.

I'm not interested in decentralized exchanges that collect information as they have no good reputation.
I have not heard of decentralized exchanges that collects your private information. Maybe what you meant is centralized exchanges?

What's the process of converting to fiat and how can I be sure that transfer is secured?
It is best to check the policy of your country when it comes to converting crypto to fiat. Each has different regulations.

So which one can you recommend?
Which one doesn't require any identification and personal data?

Altcoins Talks - Cryptocurrency Forum

Re: How to make cryptocurrency withdrawal?
« Reply #6 on: October 30, 2018, 12:23:43 PM »


Offline hoodie

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Re: How to make cryptocurrency withdrawal?
« Reply #7 on: October 30, 2018, 05:41:44 PM »
in my opinion, the best way is to use cryptocurrency exchangers. complete anonymity.
I love what you need

Offline ZionRTZ

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Re: How to make cryptocurrency withdrawal?
« Reply #8 on: October 30, 2018, 05:56:59 PM »
You can try medium exchanges like Coin Exchange and Mercatox. KYC is not mandatory but just be careful, sometimes they go through a lot of maintenance and they prevent you from making a withdrawal to your personal wallet.

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Re: How to make cryptocurrency withdrawal?
« Reply #9 on: October 30, 2018, 09:16:43 PM »
Some of the exchanges - DEX's - are allowing people to withdraw money from their bank accounts. But all of them would want you to KYC.

Other than that you may want to look for OTC trade with fiat. This would be harder but eventually, you can find some people to trade with fiat.

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Re: How to make cryptocurrency withdrawal?
« Reply #10 on: October 30, 2018, 09:18:39 PM »
I can give you an example. There are no documents required. Almost all coins are sold on the IDEX exchange, so you need to start transferring coins to this exchange. And then go to the BestChange website and select the appropriate exchanger.

Offline tamango

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Re: How to make cryptocurrency withdrawal?
« Reply #11 on: October 30, 2018, 09:20:46 PM »
If you don't want to do KYC it's very hard with traditional exchanges, you can convert all your coins in BITCOIN and then use localbitcoin website to find someone that want to change BTC to FIAT without KYC
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Re: How to make cryptocurrency withdrawal?
« Reply #12 on: October 30, 2018, 09:41:19 PM »
Have a look on the map if there are any bitcoin ATMs near your location. Their limit is usually up to some figure (like 500 or 1000 euros in Europe or 500 or 1000 dollars in USA), but it is a daily one. They need to be 2-way of course, not just to buy cryptos.

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Re: How to make cryptocurrency withdrawal?
« Reply #13 on: October 31, 2018, 12:31:01 PM »
The modern market offers the consumer cryptocurrency 4 of the most popular options for asset withdrawal:
- use of exchange resources;
- use of the functionality of exchange sites;
- work with the system WebMoney;
- using private services.
It should be noted that none of these options can be good “from all sides”. Providing the opportunity to get the maximum benefit while ensuring high reliability and comfort is quite difficult to combine. Each of these methods has its advantages and disadvantages.

I don't want any disadvantages. WebMoney doesn't suits me as I believe it's not secured way.
Can you recommend the best way from your personal experience?

Offline AltLogan

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Re: How to make cryptocurrency withdrawal?
« Reply #14 on: October 31, 2018, 12:36:48 PM »
The modern market offers the consumer cryptocurrency 4 of the most popular options for asset withdrawal:
- use of exchange resources;
- use of the functionality of exchange sites;
- work with the system WebMoney;
- using private services.
It should be noted that none of these options can be good “from all sides”. Providing the opportunity to get the maximum benefit while ensuring high reliability and comfort is quite difficult to combine. Each of these methods has its advantages and disadvantages.

Which one you recommend?
I couldn't find any that provides complete anonymity.
That exactly what I'm looking for.
Please advise.

 

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