Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: V.E.G. on March 27, 2019, 11:14:53 AM
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Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
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You can do selling off your bitcoins by different ways and most popular way is, selling through the online exchanges. You need to find any site where you can sell your bit coins and making a sell order order and after this need specifying the amount of bitcoins at you want to sell them now when someone places a ‘buy’ order according to your needs then you can exchange and amount is credited to your account in the desired currency.
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I'd suggest using coinbase if you want to trade currencies. And yes I think they ask for an ID verification
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Okay I have the bitcoin cash app. My question is once I purchase some bitcoin cash how do I transfer monies into my bank account or just cash out
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Try this exchange site. Thiis is not a referral link.
https://www.bestchange.com/perfectmoney-usd-to-bitcoin.html (https://www.bestchange.com/perfectmoney-usd-to-bitcoin.html)
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Hallo , I have a problem with receive the bitecois !
"" Thank you for your order .
The payment is successful, the bitcoins have been sent.
Bitcoins *****
Amount *****
Date time 12 Dec. 2017 at 12 : 37
Account number *****
Reteption adress *****
mounts 190 ?
PEASE HELP !!!
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First of all, have you withdrawn it into an exchange? Sometimes, there is also a short way of the mining system in order to sell the coins directly after mine. Just follow the steps, know the mechanism in your mining. And then, on the certain exchange, fulfill the requirements in order to cash out.
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can anyone help? if i purchased bitcoin on credit card to my bitcoin wallet it says i cant send it to my trading account because of insufficient funds?! its like $230 dollars worth i dont understand.
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Have you got a certain exchange for your account?
Just withdraw it into the exchange in your country. Then, make it cash out by selling the coins and then withdraw again into cash out. t may depend on the exchange that you choose.
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I do have Cryptos, but ever since I got (earned) it, I have not tried to turn it into cash, so I can’t tell you actual way for it. But I suggest you to check this link https://cryptolinks.com/btc-to-usd, as you could see the link it’s for BTC to USD, but in general it can be used for any Crypto aside from Bitcoin.
So, you can try this one and hope it can help you. However, I must say that your country will be very important in whether it’s easier for you to convert or difficult.
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We can sell in some special exchanges that offer buy and sell bitcoin and can be transferred through our large bank account. There are many choices available and adjust to local or global exchanges that can accept direct payments through bank transfers where we live in the form of a fiat currency.
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I'd recommend CoinDeal, since they have low fees and take care of security. You can check it out, if you want here (https://coindeal.com/registration) :D .
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If you are in the us or europe, you can chose coinbase, it jas direct link to your bank account just simply tap the bank account number to your coinbase account and you can deposit and withdraw from/to your bank account.. If not, just Google it and try to search on how to convert your bitcoin to local currency and eventually withdraw funds..
In my country, there are several companies that offers conversion from local currency to bitcoin vice versa and withdraw it through different local channel.
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You can sell your Bitcoin cryptocurrency for fiat currency and the proceed will be deposited into your bank account on exchanges like Gemini, Coinbase, Kraken, Coinmama . LocalBitcoins.com allows you to exchange your cryptocurrency to fiat currency too. There are may crypto projects that issues crypto ATM debit cards which converts your cryptocurrency for you to spend in the real world but this depends on your location such as Bitpay,Wirex, Shift, Cryptopay.
More reading herehttps://news.bitcoin.com/8-crypto-debit-cards-you-can-use-around-the-world-right-now/ (https://news.bitcoin.com/8-crypto-debit-cards-you-can-use-around-the-world-right-now/)
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You have to see it on various Exchange.
His usual likes to look for deposit Bitcoin, then sell to Fiat.
After selling on Fiat, you will be able to deposit your money into Debitt Card that is connected to Exchange.
Good Luck Mate!
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I think exchange will help you to convert .If you want to make it flat on restricted area then exchange it into different dollar like USDT or into exchange with a person with skrill and neteller.
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can anyone help? if i purchased bitcoin on credit card to my bitcoin wallet it says i cant send it to my trading account because of insufficient funds?! its like $230 dollars worth i dont understand.
Hi mate, if you have a Bitcoin in your BTC wallet I think you can send it, it's very easy, track your shipping transaction from your BTC address.
then what I need to know is that you make a BTC wallet where, is it here https://www.blockchain.com/wallet and try sending me a screenshot of your failed transaction, maybe we can help you.
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Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
Transferring Bitcoin funds from your crypto wallet to bank account depends on the Bank in question now. Not all the banks allows for this feature hence it is up to OP to find out from the particular bank where he saves.
Anyway, converting Bitcoin to cash is very easy and I trust there are different merchants in different countries rendering this service to crypto users. Here, ecurrency4u and cofred are one of the biggest companies which allow for the final conversion of Bitcoin to cash for crypto users. OP must do a personal research in order to identify the crypto merchants in his country.
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First of all, you must know whether in your country there is an exchange or not if you want to make it into cash (currency in your country).
If there is any, you need to make an account on the exchange by registering and making verification according to the exchange rule and regulation.
On the exchange, you will have the Bitcoin address and other wallet address. At this time, you can withdraw your BTC to the exchange and the sell them and wd it into your currency.
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Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
Well, that might depend on your country.
Cryptocurrency exchanges work based on location.
Some exchanges work in the USA & Europe, some Asia, and even Africa.
Here is an example:
CoinBase.com - USA, South America, & Europe.
ZebPay.com - Asia, USA, & Europe.
Luno.com - Asia, & Africa.
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Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
To directly convert your bitcoin to native fiat, use the online buy and sell exchange, localbitcoin.com. Where you can fine buyers all over the world, and possibly in your own native fiat currency.
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That is a very good question, all you need to know is your location, by knowing the broker that is working in your country, hence if your country is among listed luno.com operation is very easy to withdraw into your bank account, by creating a luno.com exchange platform.
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Usually one uses a cryptocurrency exchange for that purpose.
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There is alot of way , for changing Bitcoin as well other currencies in real money . I will recommend to used paxful and localbitcoin for this Kind of purpose , because both are legit and Trusted To used from longtime .
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Now you can convert your bitcoin into a bank and you can use Coinbase Wallet. However, the coinbase wallet needs to be verified well.
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You can transfer money to your bank by exchanging your bitcoin through various exchanges. In addition, you can sell dollars through buyers and deposit money in the bank.
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first sell your bitcoins on a cryptocurrency exchange into fiat and transfer to your bank account, second BITCOIN ATM if available in your area. a bitcoin ATM is a physical center that allows you to buy or sell bitcoins with fiat money.
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You use a Bitcoin ATM card to fill a Bitcoin card. Or if you want to bring Bengali money, you can bring money to the bank by selling Bitcoin.
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Good day,
I am new to all of this. I am now bitcoin mining online. How do I transfer the money in my bitcoin wallet app into my bank account or cash? Thanks so much for your help I really appreciate it!
Nick
Bitcoin mining online?? What is that?? My advice for you, withdraw your funds as soon as possible before too late because you invest your money into the Ponzi scheme website.
You should make an account in Binance exchanges: binance.com/ and withdraw all your asset to your Binance account
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I don't convert my bitcoin directly in bank account or cash because my country's government don't permit bitcoin with my banking system.
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I don't convert my bitcoin directly in bank account or cash because my country's government don't permit bitcoin with my banking system.
The best thing you can do is to sell your crypto for fiat currency through the forum by using an escrow
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Currently, such rules are being made by our Bengali, we will be able to sell Bengali money in exchange, we can sell different dollars in Bengali money and send them directly to the bank account.