Transfer from bitcoin to bank account?

[jgooch]

Hi can someone tell me how to transfer money from my bitcoin to my personal bank account? Like what are the step to do this? Or can you go to an ATM an withdraw money?

[bitkilo]

Hi can someone tell me how to transfer money from my bitcoin to my personal bank account? Like what are the step to do this? Or can you go to an ATM an withdraw money?

Hi jgooch,

In future please start your own thread when asking a question, you will get a quicker answer and some people don't like their topic "hijacked" or derailed. I have moved this one for you.

Now your question;
To move coins from a bitcoin wallet to a bank account can be a simple process but only after you have gone through all the verification needed.

The easiest way is to set up an account with Coinbase if they operate in your country, once you have the account set up and your bank verified with them you can do the transfer with just a few clicks of the mouse. Just remember that when you are transferring to a bank account then it won't be instant, you will have to wait the 3 to 7 business days the banks make you wait.

Or yes you can use an ATM to withdraw bitcoins to local fiat currency but the machine must be a bitcoin ATM and not just a normal bank ATM.
You can find a list of bitcoin ATM's here but the list is not always up to date: https://coinatmradar.com/

[Rmcdermott927]

There are services such as coinbase that do this. There are also people on localbitcoins that do this.

[patrickcoin]

bitcoin exchange now provides service to attach your verified bank accounts which made easy to transfer your funds from exchange to accounts and vice-versa.

[Possum577]

Coinbase is great...but a lot of people have negative opinions about them due to their know your customer rules. So, here is one alternative to getting your fund from Bitcoin to local currency.

Get a bitcoin debit card!

There are several options (Wirex and Bitwala come to mind immediately). You link your bitcoin wallet to these cards, load them up whenever you want to move funds from your bitcoin wallet to fiat, then either use the debit cards to buy whatever you want or go to an ATM and get a withdrawal in the local currency.

There are likely some currency restrictions, so the viability of this idea depends on where you live, but here are two videos to help you better understand the idea.

Both are from Ben Perrin's BTC sessions:
1. Using a Bitcoin Visa debit card
2. Virtual Bitcoin Visa Cards with Wirex

[MrGreey]

You can use of online exchangers. You can check this site https://rates.guru/ before exchange and choose one exchange website with the best rate. It's good way to find relible exchange with fine rate and without deception