Converting Bitcoin to fiat currency (J) - 21/2/2018

[JESM-]

How do you make withdrawals of Bitcoins from the wallet or exchange to credit into a bank account to obtain fiat currency, preferably to credit
into any Asian bank account. Which wallets, exchanges will allow for this type of transaction. Does Bitcoin.com allow this. **

[grabberfish]

How do you make withdrawals of Bitcoins from the wallet or exchange to credit into a bank account to obtain fiat currency, preferably to credit into any Asian bank account. Which wallets, exchanges will allow for this type of transaction. Does Bitcoin.com allow this.

You would typically use a service that accepts bitcoin in and can pay out fiat to a legacy banking system, for example (in Europe) an exchange such as Bitstamp or Kraken. I have no direct experience of any Asia-focused services to be able to offer an opinion. Depending on where you are located, you can also take advantage of a two-way bitcoin ATM, some of which you can find via this link.

Or perhaps you could try something like Local Bitcoin Cash or Local Bitcoins as another option*.

^{* Dammit, I should have used an affiliate link!}

[JESM-]

Much appreciate. Thank you for the info.*

[XIntel]

You are from Asia?

You can register with CRXzone.com and trade Bitcoin to Fiat.
They have trading pair for SGD and USD.
CRXzone allow withdrawal in fiat to your bank account.

Better yet if you are in Singapore, they have a physical office for you to do immediate withdrawal.

[JESM-]

23/2/2018
Thanks for your reply. I hope you dont mind if we can follow up on this issue here.
The fact is that I'm residing in Malaysia and I have a Spore bank account. Is this the way it works. I now have btc deposit on another exchange.
Let's say I shift the btc from that exchange to 'crxzone.com'. Then from crxzone I can do withdrawals of the btc from it to the Singapore bank account for cash currency. Is this how it works? Much appreciate if you could clarify on this.**

[Jomorey]

The best option is to do that in the exchange where you keep your coins. Otherwise, you might lose funds if you use other exchange services. It's best to work with tried-and-tested exchanges.

[asuscrpt]

Make N26 or Revolut account and transfer it there.