how are we going to withdraw our Bitcoin?

[Stylex]

Write your reply...how are we going to withdraw out our bit coin well as you know what is happening with the issue of bit coin and some other coins as for me I don't know what to do

 

[Richard92]

It is very easy, you can simply sell it to a third party bitcoin merchant and you get your cash sent to your bank instantly. I am a merchant in buying and selling bitcoin. Check my profile. You can contact me on WhatsApp +2348069104982. You have nothing to worry about.

These days you don't withdraw bitcoin instead you sell to some bitcoin investors who buy and sell bitcoin you can be able to transfer to their wallets and they will transfer a normal currency to you.

 

[ahmedo24]

I do not understand how come this ban is affecting general people. If a coin is banned in a country, then how will the government find out that a person is holding cryptocurrencies? Will they track all the transactions done into their country? Aren't crypto transactions anonymous?

The government doesn't track any body nor know people holding cryptocurrencies, the only government did was to disallow banks to have partnership with exchange platform for cryptocurrencies to fiat transactions.

 

[Jlife]

You have to be afraid a bit when buying cryptocurrency through p2p because you will need to send money to the seller before you receive your coin in your wallet.

Yes but when you are transacting in this way you should go for people that has at least 90% good rating up because they are the one that will give you honest transaction in the platforms.

 

[jeff87]

It is dependent on the exchange you're using. The last update by Binance stated that withdrawals from crypto to local currency is still available while only deposit has been disabled. Their peer to péer trading of crypto which is the selling of crypto to buyers or buying from sellers with binance acting as the middle man

You are right. It depends on the exchange platform that you are using. I have also the binance exchange platform. It is easier to do cryptocurrency transactions in Binance exchange platform. Yes there is P2P transactions in binance that you can use.

 

[McIrx]

It is insensitive on the path of the people in power and policy makers in Nigeria, however you can work with other currencies to get your money out or fund your account and then transfer to your local account. But I tell you it can't stand a test of time.

When it comes to people in power in Nigeria insensitive is an understatement. I prefer to call them callous individuals with sense of selfishness and greed.

 

[Blessedsam60]

Hey guys! Let me clear your doubt. Most crytocurrency based platforms now uses a third party companies to do their cashing in and cashing out of money or cryto swap to money. For example, roqqu.com now uses third party wallets for payments and withdrawal

 

[Filicit]

I believe you should have gotten your answer now, if you haven't you can quickly download the roqqu app and raven app too( that is the wallet you will be paired with for deposit and withdrawals) and then you can start using crypto like before

 

[Sotherefore]

Hey guys! Let me clear your doubt. Most crytocurrency based platforms now uses a third party companies to do their cashing in and cashing out of money or cryto swap to money. For example, roqqu.com now uses third party wallets for payments and withdrawal

Understand it is possible for you to withdraw money directly to your local bank account with roqqu with the use of third-party but however there is a minimum withdrawal limit that is attached to it.

 

[Kelly5]

This has been a simple ride thus far since the ban. As a matter of fact, most people never took this option seriously until the ban. So that's why the P2P option of trading has become the order of the day everywhere

 

[Setfragil]

Yes but when you are transacting in this way you should go for people that has at least 90% good rating up because they are the one that will give you honest transaction in the platforms.

Those ratings on cryptocurrency p2p exchange platform don't really move me that much when it concerns buying of cryptocurrency on their platform, I always have a doubtful feelings towards it.

 

[Hena101]

The ban on cryptocurrency by the Nigerian government is a very huge blow to many of us. But I think we can still with draw our coins and tokens to binance peer-to-peer.
Initially, one can easily sell his cryptocurrency and withdraw the money directly tower local bank account.

Yrah because this is the way most of us do to withdraw our bitcoin and any other coins from any wallet and it really help otherwise we don't know what to do.

 

[tuna89]

Some of the wallets like binance have adopted the p2p method which has been very effective and seamless, it's another method you can use for buying and withdrawal

 

[Nicklas22]

The are many applications where you can sell your bitcoin and many people have this application, you can trade with them and they will transfer the money to your bank account

 

[Jlife]

Those ratings on cryptocurrency p2p exchange platform don't really move me that much when it concerns buying of cryptocurrency on their platform, I always have a doubtful feelings towards it.

Well even if you do ,there are a lot of people that are transacting in the P2P platform every day and they do not regret it, is just a matter of you to let go of your fear and trying out something.

 

[Richard92]

It is very easy, you can simply sell it to a third party bitcoin merchant and you get your cash sent to your bank instantly. I am a merchant in buying and selling bitcoin. Check my profile. You can contact me on WhatsApp +2348069104982. You have nothing to worry about.

It is very easy this is not something you have to worry about to withdraw your Bitcoin is definitely selling it to a bitcoin investor and he will transfer cash to you.

 

[Good-Person]

The government doesn't track any body nor know people holding cryptocurrencies, the only government did was to disallow banks to have partnership with exchange platform for cryptocurrencies to fiat transactions.

I think you are talking about Nigeria. When it comes to certain countries like India, they actually punish people for even holding cryptocurrencies. So I was just wondering how they will find out someone is actually holding crypto coins.

 

[ahmedo24]

I think you are talking about Nigeria. When it comes to certain countries like India, they actually punish people for even holding cryptocurrencies. So I was just wondering how they will find out someone is actually holding crypto coins.

India currently support the use of cryptocurrencies so I don't think they punish anybody for holding cryptocurrencies at the moment there it is very possible before now when they weren't in support of it

 

[eLdavis]

It is very easy this is not something you have to worry about to withdraw your Bitcoin is definitely selling it to a bitcoin investor and he will transfer cash to you.

Exactly making withdrawals is not an issue right now, there are so many ways. There are even offline stores that specializes in buying your Bitcoin in exchange for cash, or there are also online plathfroms that have peer to peer option

 

[Buba]

Write your reply...withdrawal is not going to a big problem it's very easy and you can sell it to a third party bitcoin marched you can only cashout your bitcoin into the Bank.