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Question asked on Musing.io by broken.akay

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· @broken.akay ·
$0.18
Question asked on Musing.io
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properties (23)
authorbroken.akay
permlinkf3gsauylx
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["crypto"],"appCategory":"crypto","appTitle":"Are there ways to convert my Steem/Bitcoin directly to my Bank Account?","appBody":"","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
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vote details (1)
@cryptoandcoffee ·
$0.91
Question answered on Musing.io
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properties (23)
authorcryptoandcoffee
permlinkf3e6u2zlx
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["crypto"],"appCategory":"crypto","appTitle":"Are there ways to convert my Steem/Bitcoin directly to my Bank Account?","appBody":"<p>There are a few ways to move your Steem to your bank account.</p>\n<p>There is a system that is connected to blocktrades using paypal. They have been looking at some other ways but they are being negotiated.&nbsp;</p>\n<p>The other way is I use Bitstamp. You transfer your crypto back to the site and sell it. It then gets transferred from there to your bank account.</p>\n<p>Another possibility is using th bitcoin ATM's that are popping up to obtain cash. I have no idea what the limits are but one should check.</p>\n<p>There are so many regulations today regarding crypto's and it hasn't been made easy at all. I know Malta is crypto friendly and has been negotiating with banks to do direct from exchanges.</p>","appDepth":2,"appParentPermlink":"f3gsauylx","appParentAuthor":"broken.akay","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-10-25 09:12:21
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vote details (3)
@dhiraj3218 ·
Question answered on Musing.io
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properties (23)
authordhiraj3218
permlinkf36sp7zl5
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["crypto"],"appCategory":"crypto","appTitle":"Are there ways to convert my Steem/Bitcoin directly to my Bank Account?","appBody":"<p>It is depend upon your country if your country is regulating Bitcoin then you can transfer your Bitcoin in to your bank account with the help of SWIFT or IBAN .</p><p>In India we cannot transfer our Bitcoin directly in our bank account . but if we have account on bitbns exchange then we can sell Bitcoin and instead of that we get money in Indian rupees and that rupees we can withdraw in to our bank account.</p><p>In most of the country ,nowadays Bitcoin withdraw atm are launched and so we can withdraw our Bitcoin in cash with the help of Bitcoin atm.</p><p>Many types of taxes are included if we suppose to withdraw our Bitcoin through bank account and so it is highly risk to take withdraw in out bank account but instead of that we can transfer our money through PayPal and then bank account is little safer but transaction fees are heavy.</p>","appDepth":2,"appParentPermlink":"f3gsauylx","appParentAuthor":"broken.akay","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-10-25 04:29:24
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vote details (2)
@jza · (edited)
Are there ways to convert my Steem/Bitcoin directly to my Bank Account?
<a href="https://musing.io/q/broken.akay/f3gsauylx">View this answer on Musing.io</a><br />
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properties (23)
authorjza
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json_metadata"{"app":"Musing","appTags":["crypto"],"appCategory":"crypto","appTitle":"Are there ways to convert my Steem/Bitcoin directly to my Bank Account?","appBody":"<p>Depends what you mean with 'your bank account'. Answers vary from country to country, bank to bank. But more often is you cant. You first need a gatewate that can provide bank transfer like IBAN or SWIFT which are highly regulated. And a license in a country that can help you connect to the network.</p>","appDepth":2,"appParentPermlink":"f3gsauylx","appParentAuthor":"broken.akay","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-10-25 01:29:12
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vote details (1)
@broken.akay ·
Or any other way to convert Steem/Bitcoin into real money. Not counting hand to hand trade.
properties (22)
authorbroken.akay
permlinkre-jza-p352hgz9x-20181025t015019838z
categorymusing-threads
json_metadata{"tags":["musing-threads"],"app":"steemit/0.1"}
created2018-10-25 01:50:21
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@rehan12 ·
$0.55
Question answered on Musing.io
<a href="https://musing.io/q/broken.akay/f3gsauylx">View this answer on Musing.io</a>
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properties (23)
authorrehan12
permlinkp3vqnnyl5
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["crypto"],"appCategory":"crypto","appTitle":"Are there ways to convert my Steem/Bitcoin directly to my Bank Account?","appBody":"<p>Well it depends if the country that you are living on does supports or BTC is legal to trade.</p>\n<p>One of the most easiest way is to try Localbitcoins.com the user can transfer BTC and in exchange they can meet up face to face/ Bank Transfer the money as well. While recently they advanced their security a bit high but being careful can be a real deal as it is your money. The site is real but the user you are doing the trade with can differ from person to person.</p>\n<p>Being cautious while trading any BTC is highly advised.</p>","appDepth":2,"appParentPermlink":"f3gsauylx","appParentAuthor":"broken.akay","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-10-25 09:41:36
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vote details (3)