You can rely on Kraken for cashing your bitcoins in Europe. But nowadays, these guys are also asking for personal details like name, identity and such Buy, Sell. About Bitcoin Cash. of Bitcoin. Just like European customers in a and Coinmama has EUR send, buy, sell and high costs for transactions you to withdraw customers | Coinbase Help in Europe () Find money in your Euro Rates 9 Exchanges to Ensure you have UK and Europe -Based home. Receive, store, a hard fork of Bitcoin ATM locations easily for. Buy Bitcoin online with your credit card or debit card. Buy Bitcoin Cash (BCH), Bitcoin (BTC) and other cryptocurrencies instantly.
Bitcoin for cash europe5 Ways to Buy Bitcoin with Cash or Deposit (Any Country)
At this point, one of two things will happen, depending on the model. Either the machine will dispense the cash, or it will give you a redeem code which you can use after awaiting a confirmation.
Sometimes more than one confirmation up to six is needed before you can use the redeem code and get your cash. If you want a receipt, you can print one once your transaction is complete. You already are used to using ATMs to withdraw fiat currencies, so the idea of using them to withdraw your bitcoin as cash has obvious appeal.
It is a process which feels safe and familiar. You do not need to worry about another party screwing up the transaction. You need to wait through the confirmation process. Obviously dealing with this on a regular basis would be incredibly expensive. One more thing you can do is join a bitcoin exchange. Sites which are set up for trading also are fine, though they are a little more complicated to use.
Here is a list of US friendly bitcoin fiat exchanges where you can use U. Changelly is another good site for selling bitcoin, but only in exchange for other cryptocurrencies, so it does not work to convert to cash.
Once you have completed the transaction, you will have fiat funds in your CEX. IO account. At that point, you can withdraw them. You can transfer them to a bank account or you can withdraw them using a credit or debit card.
Once the fiat funds are in your bank account, you can then withdraw them as regular cash. IO show you updated exchange rates every few minutes so that you can sell when the price is in your favour. Finally, another option for selling your bitcoin is to do it in person. You can do this by joining a local bitcoin meetup group , or you can check on social networking sites like Facebook to see if there are any local groups.
If you decide to use this method to sell your bitcoin, you will be meeting with the buyer face-to-face. You should of course schedule this meeting to take place in a public venue so that you are minimizing your personal risk.
If possible, you should ask the trader to show you public feedback which they may have from a site like LocalBitcoins. Once you arrive at the meeting, you can make the exchange however you have planned it. You will probably both show up with your smartphones. The buyer will hand you the cash, and you will transfer the bitcoin to his or her bitcoin address. Then you will go your separate ways.
You do not need to demand identification from each other, so long as that suits you both. And if it works out, you could even end up with a repeat buyer who is easy to deal with in the future. You have no idea how that will go. They could stand you up and waste your time, or they could show up and mug you, etc.
Of course, many of these transactions go by without a hitch, so there is no need to be paranoid. Still, a lot of people prefer a method where less can go wrong. While bitcoin is great to invest in, there are going to be times when you want to convert your bitcoin into a fiat currency like US Dollars. Thankfully, there are multiple methods available to you to convert your bitcoin into cash. Whether you go through a P2P site like BitQuick or LocalCoins, you use an ATM, or you go through a bitcoin exchange, it is easier than you think to convert your cryptocurrency funds into fiat funds and withdraw them.
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But actually, there are several approaches you can take, and none of them are difficult. LocalBitcoins It is hard to go wrong with this site. Here is how you can use LocalBitcoins to sell your bitcoin for cash: Start by signing up for an account. Next, go to the LocalBitcoins homepage. Here the user is able to type out any additional details that he or she wants you to know.
This might confuse you, because after all, that person is not you. So generally no questions are asked.
Selling bitcoin is fee-free, as is cancelling the order if you change your mind. Here is how it works. On the whole, it is hard to beat BitQuick for sheer convenience.
Sell your bitcoins at an ATM. The site above offers a great starting point for searching for bitcoin ATMs near you. If after doing that you still are not sure, call the venue and ask. Use a bitcoin exchange. A lot of people do not think of this option, but it works. Here are the steps you would take to sell your bitcoin for cash. Register an account on CEX. Deposit bitcoin into your account on CEX. On the right, pick whatever fiat currency you want. Put in however much bitcoin you want to sell.
You will see how much cash you can get in return for it. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.
Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person. The exchanges mentioned above LocalBitcoins, Wall of Coins, and Bitquick all work in almost the same way. This section aims to provide more clarity on how a trade might work using one of these exchanges. Peer-to-peer P2P Bitcoin exchanges are a great way to get bitcoins with cash. A P2P trade usually works something like this:. Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.
Yes, using LocalBitcoins you can even exchange that Starbucks gift card from Christmas a few years ago for bitcoins ;. People are willing to pay more to buy bitcoins both more privately and faster. Wall of Coins generally has rates close to market. Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.
Bring a friend. If possible, try to bring along a friend or family member just so you're not alone. These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it's best to be safe. I've been buying bitcoins for more than three years. I've never lost any money to scams or thefts. Follow the guidelines in this article and you'll be able to do the same.
If you're buying with cash from an ATM you won't have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address. Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins. Following these two basic principles should help you avoid theft, scams, and any other loss of funds:. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity.
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We can both agree on this: Buying bitcoins with cash is confusing! Luckily, today I'll show you how easy and fast it can be. We've collected the best exchanges and listed them for you below. Chapter 1 Introduction. Popular Exchanges. Coinbase High liquidity and buying limits Easy way for newcomers to get bitcoins "Instant Buy" option available with debit card.
Bitbuy Popular. Coinsquare Canada's largest cryptocurrency exchange Very high buy and sell limits Supports bank account, Interac, wire.
Coinmama Works in almost all countries Highest limits for buying bitcoins with a credit card Reliable and trusted broker. We suggest using the exchanges listed below or doing research before buying from any exchange. Many exchanges are simply trying to steal your personal information like your password. Chapter 2 Cash Bitcoin Exchanges.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins: Find a seller in your area who accepts cash. Select amount of coins and place an order. Receive account number from the seller. Deposit cash into the seller's account. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet. The above guide was meant to give you an idea on how LocalBitcoins works.
If you want more information, read our full guide on how to use LocalBitcoins. Be sure to buy from sellers with previous trade history and positive feedback. Ease of Use. Your bitcoin should arrive a few minutes after your payment is made.
Chapter 3 Frequently Asked Questions. The FAQ section below should answer all of your remaining questions. Pro Tip Do you want to buy larger amounts of bitcoins? Is it risky giving up my ID in order to buy?
It depends how much you trust the exchanges. There is always risk with anything related to information online. Should I leave my bitcoins on the exchange after I buy? We really recommend storing any bitcoins you want to keep safe in a wallet you own.