Right then - This is my Step by Step Guide on getting Cash from Digital Coins
UK Tested / I believe Europe is covered… NOT USA / Canada
So i would like to state im unable to comment in the off topic section, But i would like to be entered :) for the bounty.
As anyone will know the best and fastest way to get any digital coins into real money is through BTC, So the steps which i use and my mates now use as it just works without hassle are below.
- Exchange - Become a Member of an Exchange like Bittrex,
- Transfer Any funds you want to change so FTC, or in my last transcation Storj Tokens to your exchange (Bittrex is my Fav)
- Sell coins for BTC - Took about 5 minutes the last time i transferred 1000 Storj Tokens to BTC
- Make an Account on Bitwala Please use my link if you are wanting to use my method i get a free transfer to my bank fee free (About £10/15 Normally)
Bitwala Ref Link
5.a - When you are a member on bitwala you can do two things, i have done both you can pay about 7 euros for a Pre Paid Visa Card, This allows you to top up your visa card with lets say 100 Euros, wait about 15/20minutes money will appear on the card and you are free to get cash at ATM, or use at any Chip n Pin with a Visa Sign :) - b You can add your Bank Details to your Account like i have done to allow a BACS
- On Bittrex Send your BTC over to your Bitwala Account (I would recommend holding your BTC at Bitwala due to being able to topup or Bacs quicker by clicking the Pay with your Bitwala option at check out
- ENJOY - I have used this method to top up my Visa card to pay for Fuel at Sainsbury’s, Lynx at tesco, and a bottle of Pop at Co op. I have also used this method to send about £1800 to my Current Account without Hassle. Took about 5-8 Working days but fully worked and i think overall the first £1300 cost me £20 in fees (Internation Fee), and the last £500 cost me nothing as a friend signed up using my link for helping him. (Hoping for the same here)
So in a Nutshell, To get your FTC (Or what ever you fancy) into cash
You just need to trade them for BTC, send BTC to Bitwala, and Topup, or Transfer money using BACS, That Simple,
P.S Sorry if the english is not great, :) Happy to answer questions about my steps