Withdrawing with Bitcoin

[Feeshmon]

Hello everyone I hope you all are having  a great Thursday!!! So hears my question. Does anyone withdrawal with Bitcoin? and if you do is there a way to transfer it to a bank account instead of just keeping it in an exchange site. I am using Extreme Casino wanting to deposit but I want to know what i'm getting into before I do so. Thank you so much i'm excited to see what you guys give as advice :) :) 

[TheAverageGuy]

For converting from crypto to fiat localbitcoins and paxful facilitate excrow exchanges between users from most coins to many fiat currencies with multiple delivery methods.

Coinbase wallet allows for transfer of fiat from coin sales in your wallet to paypal for certain countries.

many new wallets/exchanges also offer similar services, all take a cut along the way including those listed above.. just the cost of dealing in crypto.

Crypto sholdn't be kept in exchanges as a general security precaution, if you don't own the crypto-keus, you don't own the crypto, you're best to set up pc/smartphone based personal wallets and/or save offline to a physical storage device

much more info and advise than I can offer is always just a google search (and avoiding ***** sites) away.

 

cheers!.

[Feeshmon]

10 minutes ago, TheAverageGuy said:

For converting from crypto to fiat localbitcoins and paxful facilitate excrow exchanges between users from most coins to many fiat currencies with multiple delivery methods.

Coinbase wallet allows for transfer of fiat from coin sales in your wallet to paypal for certain countries.

many new wallets/exchanges also offer similar services, all take a cut along the way including those listed above.. just the cost of dealing in crypto.

Crypto sholdn't be kept in exchanges as a general security precaution, if you don't own the crypto-keus, you don't own the crypto, you're best to set up pc/smartphone based personal wallets and/or save offline to a physical storage device

much more info and advise than I can offer is always just a google search (and avoiding ***** sites) away.

 

cheers!.

Thank you very much!!

[MintDice]

It can make a lot of sense to cash out in Bitcoin as it can be cheaper or save the hassle of using payment processors. There is a guide that may give you options as to various ways to cash out - I'd make sure you have this idea set up before just going in head first.