A question about cashing out crypto (I already know the answer)

This is just a question worth asking.

I want to convert some crypto into real cash. Is there a way to do it without using a bank?
The minute it goes to a bank all the beauty of crypto is gone.

Cash person to person
Or via credit card accepting crypto

as you know, yes, there is

What is your answer OP?

When I researched this about a year go, I discovered some websites where you could meet someone in person and do the exchange.
There is also a reddit group for these exchanges but chances are if you go this route, you will get scammed.
And obviously if you meet someone in person meet during the day at a police station. Don't be a dumb ass and meet in some dark alley at 10 pm

What Your answer?

The Sub Questions to answer your question is:

1. Where are you located
2. How much crypto you are exchanging
3. What is the Percentage you are willing to give to get the cash delivered to you on the spot.

How much Btc are you looking to change?

Spendy3214 said:

How much Btc are you looking to change?

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A lot and I need solution for an ongoing situation.

Just buy a bank account with debit card and cash out. If you know the right place where to buy its easy.

Why ask if you know the answer?

If you find any cash in person option even in a legit P2P exchange, then 99.99% of such cash in person deals, ends up in robbery, especially if the amount is huge and there are cases where the victims not only got robbed, but also got their underwears ripped apart !!! So, think twice.

Make purchases with paypal for goods that are easy to sell in local marketplaces or cash generator pawn shops for cash?

Lady-Smut said:

This is just a question worth asking.

I want to convert some crypto into real cash. Is there a way to do it without using a bank?
The minute it goes to a bank all the beauty of crypto is gone.

Click to expand...

There are exchanges on Reddit. Make sure to do secured transactions.

Ableoper said:

Make sure to do secured transactions.

Click to expand...

The OP asked :-

Lady-Smut said:

I want to convert some crypto into real cash. Is there a way to do it without using a bank?

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So, kindly please read and effectively comprehend what OP asked AND then kindly explain how can such a transacition be done in a secured way (as indicated by you). In my knowledge, such a transacition be done in a secured way, by taking a gang armed with loaded guns, to complete that transaction. Do you have any more ideas how can such a transacition be done in a secured way (as indicated by you) ?

you can exchange real cash in person on places like noones and localbitcoins.

you can use decentralized marketplace like bisq and do cash deal easily

bestchange.com

Trust WorkShop said:

If you find any cash in person option even in a legit P2P exchange, then 99.99% of such cash in person deals, ends up in robbery, especially if the amount is huge and there are cases where the victims not only got robbed, but also got their underwears ripped apart !!! So, think twice.

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99.99% cash deals ends up in robbery? That is the most absurd thing I have heard in a while. Just meet in a public place like shopping malls or cafes and that's it. If you happen to be in a Somalia or some other shithole, yeah it's probably better to stay away from cash deals. If you are that paranoid and it's a lot of money, just hire a local security service to be with you at the time of exchange

Cewgg said:

99.99% cash deals ends up in robbery?

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Cash for what ? For CRYPTO. You can recover a stolen car ... But, with crypto, the robbers know very well what to do.
Yeah, go to Rio De Janeiro, Sao Paulo, Lagos (Nigeria), Johannesburg, etc (I can name thousands of cities) and strike a deal (even through a legit P2P exchange) for person-to-person (face to face) crypto to cash or cash to crypto exchange and if the crypto amount is huge, then yes, 99.99% you will get robbed. "Just meet in a public place like shopping malls or cafes and that's it" ... Such robbers are not as dumb as we think they are. They know that you will sometime exit from the shopping mall or cafe and proceed to go somewhere AND if the amount is huge, they will have an effective plan of action to loot (rob). Anyways, each one to their own and those who want to or prefer to exchange CRYPTO for cash or vice versa through a person-to-person (face to face) deal, please happily go ahead. No one is stopping anyone. It is just that many people still do not understand the uniqueness of crypto in terms of any crypto getting stolen : in most cases unrecoverable, as the scammers (or robbers in this case), are not as dumb as we think they are : they know what to do with all the crypto that they loot. Anyways, each one to their own.
If in UK, kickboxer champion Andrew Tate's car could get robbed from him, do you think crypto or cash cannot get robbed from anyone in almost any part of the world ? Especially when the sellers or buyers know that the sucker is coming with a chunky amount of cash or crypto ? You think robbers do not hang out in legit P2P exchanges and plan their moves ? And the robbers know that it is crypto, so to make the loot "disappear", is extremely easy for them. Anyways (again), each one to their own.