Post
Topic
Board Trading Discussion
Re: What are the ways i can cash out Bitcoin in another country?
by
nydiacaskey01
on 21/01/2020, 23:58:50 UTC

If i ever go to another country and try to cash out Bitcoin,

what are the ways?


Only two things i can think of...

1. Make certain bank account where i can cash out Bitcoin

2. In person


1st option may not be possible though at certain country...

Any thought?
If you wan’t to get a specific answer, you better add in your post which country are you planning to visit and exchange your Bitcoin to their local currency. In the Philippines, that would be a problem for foreigners, because Bitcoin exchangers in the Philippines are strict, before you can open an account that allows you to withdraw in local currency, you need to go through KYC. Even if you plan to open a bank account, you need to go through KYC.