Quote from: coupable on May 03, 2020, 11:43:20 PM

Quote from: aliitp2 on May 03, 2020, 09:24:23 PM

Quote from: Sativanaka on May 03, 2020, 02:28:48 AM

There is some others way to do cash out. Binance is not one of those, yet.

Their P2P market still really young. If you want USD just buy again an use another service such, hodlhodl, Bisq, Paxful or regulated exchanges like Coinbase, Bistamp, Kraken, etc to get money straight to your bank account...

unfortunately most of those regulated exchanges r either not supported in my country or look really suspicious to me ! no need to get into details, but i cant even activate my account on bitstamp because my country is not listed there ! coinbase is NOT supported where i live, so am down to kraken now and i have a simple question, is working with them as simple as:-

- create account
- get it verified
- deposit funds in BTC (they call it XBT)
- sell my XBT for USD (NOT USDT)
- my money is USD will show up in my kraken account (real Fiat)
- I will withdraw it to my bank account in my own country of residence, or even hopefuly paypal.

plz clarify this to me,

thanks,

If kraken is suitable for your condition and your country of residence is not restricted to use it, then you can go with it. It's a regulated exchange, old player in the crypto markey, safe, and no complaints against it as far as i know. There always p2p option available in marketplaces like Paxful, localbitcoins, localcrypto...
If you can tell what is your country, you will get better suggestions from users here.

Am a resident of the UAE, kraken seems to allow trading from where i live, but am just wondering, if i sell say huge sum almost 1 BTC on their trading platform in exchange for fiat (mainly USD) will kraken honor the withdrawal of the fiat to my bank account in my country or scam me just like someone might suspect ?...