Davai Posted January 24, 2018 Share Posted January 24, 2018 Hi Guys I have bitcoin worth $4500 I would like to know where can I withdraw bitcoin to Thai baht in cash around Bangkok or pattaya Thank you Link to comment Share on other sites More sharing options...
Wonderboy Posted January 24, 2018 Share Posted January 24, 2018 https://localbitcoins.com Select Thailand and quite far down on the page you can find "Sell bitcoins for cash". Though your return is quite a lot lower than online, so not the best option if you have nothing to hide. Link to comment Share on other sites More sharing options...
Davai Posted January 24, 2018 Author Share Posted January 24, 2018 For localbitcoin do I need to wait for buyer or it's instant withdrawal? Link to comment Share on other sites More sharing options...
Wonderboy Posted January 24, 2018 Share Posted January 24, 2018 1 hour ago, Davai said: For localbitcoin do I need to wait for buyer or it's instant withdrawal? I am confused now. If you want to get money cash, you have to physically meet the buyer. If you accept bank transfer you need to wait for buyer. Anyway, I suggest you at least bother to check out their FAQ before asking more questions. Link to comment Share on other sites More sharing options...
Davai Posted January 24, 2018 Author Share Posted January 24, 2018 My plan is not to wait for random buyers I'm a looking for an institution a company that do exchanges for Thai baht in cash Link to comment Share on other sites More sharing options...
cypress Posted January 24, 2018 Share Posted January 24, 2018 or If you have a thai bank account open an account on a thai exchange and arbitrage some extra $ or use a bitcoin prepaid card like Tenx Link to comment Share on other sites More sharing options...
phycokiller Posted January 24, 2018 Share Posted January 24, 2018 13 hours ago, Davai said: For localbitcoin do I need to wait for buyer or it's instant withdrawal? you can do instantly, or 5 mins or so. but you will get around 5% more if you set an order and wait for a buyer Link to comment Share on other sites More sharing options...
Wonderboy Posted January 25, 2018 Share Posted January 25, 2018 13 hours ago, Davai said: My plan is not to wait for random buyers I'm a looking for an institution a company that do exchanges for Thai baht in cash No institution will do that. Institutions only do bank transfers. Link to comment Share on other sites More sharing options...
shadowmaster1971 Posted January 25, 2018 Share Posted January 25, 2018 1 hour ago, Wonderboy said: No institution will do that. Institutions only do bank transfers. if you want to sell and get cash (which would be paid out through a bank) try coins.co.th. You don't necessarily need a bank account to get paid out for selling BTC. Their sell rate is close to the global market price. There is no restriction on US Citizens setting up . They do have many options for payouts, banks local and some overseas I think and a cash pick up option from Banks in Thailand. The other is bx.co.th. You will need a Thai bank account. They dont accept US citizens. But their prices have a premium. Currently cryptocompare shows BTC @ US$11,500 on BX can sell BTC @ around US$12,100, so you could make 5-10% compared to global prices. Both will require KYC etc. Link to comment Share on other sites More sharing options...
Cricky Posted January 25, 2018 Share Posted January 25, 2018 where is your Bitcoin wallet? which website is your bitcoin held? Link to comment Share on other sites More sharing options...
steve73 Posted January 25, 2018 Share Posted January 25, 2018 Your best bet is to find someone looking to buy, and agree on a mid-market price.... I was looking to buy that sort of quantity last week.. but unfortunately (for you) my needs are now met. localbitcoins.com can put you in touch with someone for you to sell in person for cash. There were a few places in Pattaya last time I checked (and I'm sure BKK also), although prices are usually 5% or so less than current market. Link to comment Share on other sites More sharing options...
bangkoklawyer24 Posted January 25, 2018 Share Posted January 25, 2018 I buy. Send me PM Link to comment Share on other sites More sharing options...
yogavnture Posted January 25, 2018 Share Posted January 25, 2018 what is your bitcoin acct number? Link to comment Share on other sites More sharing options...
yogavnture Posted January 25, 2018 Share Posted January 25, 2018 smart move. bitcoin is gonna tank . then u wont be able to give them away. do u actually have a bit coin in your possession .? its all just a Ponzi scam. get out before your 4500 is worth 0. dont u have to pay tax on any gains? Link to comment Share on other sites More sharing options...
watcharacters Posted January 25, 2018 Share Posted January 25, 2018 9 minutes ago, yogavnture said: what is your bitcoin acct number? And password. 555 Link to comment Share on other sites More sharing options...
Timebandit Posted January 25, 2018 Share Posted January 25, 2018 Shouldn't you find out how to redeem them before you buy them? Stupid is as stupid does! Link to comment Share on other sites More sharing options...
Davai Posted January 25, 2018 Author Share Posted January 25, 2018 8 hours ago, shadowmaster1971 said: if you want to sell and get cash (which would be paid out through a bank) try coins.co.th. You don't necessarily need a bank account to get paid out for selling BTC. Their sell rate is close to the global market price. There is no restriction on US Citizens setting up . They do have many options for payouts, banks local and some overseas I think and a cash pick up option from Banks in Thailand. The other is bx.co.th. You will need a Thai bank account. They dont accept US citizens. But their prices have a premium. Currently cryptocompare shows BTC @ US$11,500 on BX can sell BTC @ around US$12,100, so you could make 5-10% compared to global prices. Both will require KYC etc. Yeah I think coins.co.th is good I'm going to try it Link to comment Share on other sites More sharing options...
Davai Posted January 25, 2018 Author Share Posted January 25, 2018 5 hours ago, yogavnture said: smart move. bitcoin is gonna tank . then u wont be able to give them away. do u actually have a bit coin in your possession .? its all just a Ponzi scam. get out before your 4500 is worth 0. dont u have to pay tax on any gains? I sold my car in russia payment by bitcoin I don't do ponzi scam Link to comment Share on other sites More sharing options...
leemo Posted January 26, 2018 Share Posted January 26, 2018 10 hours ago, Davai said: Yeah I think coins.co.th is good I'm going to try it bx.in.th is a sister company of coins.co.th, giving them a virtual monopoly in Thailand. I would advise you not to rush in but visit both sites, compare the interfaces and realtime prices before you decide which way to go. Unfortunately you won't be able to assess/compare support services, a very important and often undervalued feature. I started trading with coins but now with bx and happy there. https://bx.in.th/ref/0esUlo/ Link to comment Share on other sites More sharing options...
shadowmaster1971 Posted January 26, 2018 Share Posted January 26, 2018 1 hour ago, leemo said: bx.in.th is a sister company of coins.co.th, giving them a virtual monopoly in Thailand. I would advise you not to rush in but visit both sites, compare the interfaces and realtime prices before you decide which way to go. Unfortunately you won't be able to assess/compare support services, a very important and often undervalued feature. I started trading with coins but now with bx and happy there. https://bx.in.th/ref/0esUlo/ Are you sure about that. www.bitcoin.co.th is the sister company of BX. I dont think coins is related to BX. IF they were it would be odd that one accepts US and the other doesn't customers. It would be odd that one has one set of BTC prices different to the other. I'm sure the public and members of each would be very fast to call them out on these points. BX is an exchange of multiple Cryptos whilst Coins only deals in BTC. Further is they are related it would be odd that Coins has an App yet BX doesn't. Again customers would complain saying it you are sister/related companies why so. Googling both exchanges, reviews of both that being of Coins & BX, there is nothing suggesting they are related or sister companies. Link to comment Share on other sites More sharing options...
cookai Posted January 26, 2018 Share Posted January 26, 2018 2 hours ago, leemo said: bx.in.th is a sister company of coins.co.th, This is not true. Link to comment Share on other sites More sharing options...
bangkoklawyer24 Posted January 26, 2018 Share Posted January 26, 2018 Thanks for your biz. 18 hours ago, bangkoklawyer24 said: I buy. Send me PM Thanks for your biz. Case closed. Link to comment Share on other sites More sharing options...
cookieqw Posted January 26, 2018 Share Posted January 26, 2018 I believe their is an ATM somewhere in Thailand that dishes out cash - try google Link to comment Share on other sites More sharing options...
lucifer666 Posted January 27, 2018 Share Posted January 27, 2018 (edited) Easy, I did this last week with $1000 in bitcoin,,, transferred to my Paypal using Payexchanger.com and transferred to my bank ( Kasikorn) Edited January 27, 2018 by lucifer666 Link to comment Share on other sites More sharing options...
Davai Posted January 27, 2018 Author Share Posted January 27, 2018 Thanks all I've manage to find a buyer and exchange face to face Link to comment Share on other sites More sharing options...
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