Hi All, Living in Malaysia and the Gov. freezing bank accounts of Bitcoin exchange. How to cash out bitcoin? Is it easy to open an account in another country?
If you want to cashout your bitcoin the alternative is maybe bitcoin debit card but it will costs you much especially for withdrawal through the ATM. Another option is using local bitcoin as people mentioned above. Wow I'm surprised that your government finally shut down the exchanger industry, however your neighbor country Singapore, Thailand, Philippines or even Indonesian are very welcome to the bitcoin.
to create a bitcoin account in my country may, in accordance with the conditions specified.
Yes, every country has their own regulation regarding an opening account, especially for the foreigner.
In my own observation about on what is the best way to cash out in your bitcoin are selling it to the buyers who are buying and selling bitcoin. He pays you a real money to your bitcoin and the place where you are doing the exchanging transaction are in a public place, and you must face to face to the buyer.