Can you withdraw crypto to cash in the Uk?

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yes, of course it is possible. There are entire exchange rate aggregators specializing in this, where you can see the rate and the pick-up point even in your city. Something like the site bestchange. (not an advertisement)
bigbigJim said:
Is it possible to convert to cash without it going through my UK bank? Thanks.
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Juhku said:
Swap your crypto —> any crypto—> MoneroBridge —> XMR.

Sell XMR for cash in-person with your trusty sketchy-ass dude you found from the local Monero forums.

Good luck and try to not get killed.
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No real need for XMR unless the crypto is already linked to his bank, otherwise all that does is shorten the net of people who would want to trade with him making it far more likely for a sketchy person to want to buy instead of someone just interested in BTC.

There's a lot of exchangers who would be willing to take btc, exchange it legitimately themselves and give cash for a fee, it's just a matter of finding a legit one and using an escrow.
 
Rakzs said:
No real need for XMR unless the crypto is already linked to his bank, otherwise all that does is shorten the net of people who would want to trade with him making it far more likely for a sketchy person to want to buy instead of someone just interested in BTC.

There's a lot of exchangers who would be willing to take btc, exchange it legitimately themselves and give cash for a fee, it's just a matter of finding a legit one and using an escrow.
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Thanks. Any suggestion on a safe escrow?
 
Rakzs said:
No real need for XMR unless the crypto is already linked to his bank, otherwise all that does is shorten the net of people who would want to trade with him making it far more likely for a sketchy person to want to buy instead of someone just interested in BTC.
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I could debate that there are far more people interested in buying XMR for cash than there are for BTC. That's due to the demographic of the people who are looking to buy crypto for cash and the demographic of XMR.

At least that's the case in Finland, but that could of course be different in the UK.

The crypto doesn't necessarily have to be linked to his bank for him to possibly be de-anonymized. MoneroBridging and selling XMR for cash mostly gets rid of that possibility.

Rakzs said:
There's a lot of exchangers who would be willing to take btc, exchange it legitimately themselves and give cash for a fee, it's just a matter of finding a legit one and using an escrow.
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Do you think that someone who wants to sell crypto for cash wants to use a legimitate and listed exchange who are subject to reporting pretty much all transactions that go through them?

If you're fine with KYCing yourself to make a crypto-to-cash sale, why would you ever want to prefer that over crypto-to-bank which has notably less headache and fees.
 
Your only way would indeed be through a P2P option, there’s a couple of “Cash by Mail” traders on LocalCoinSwap which toucan check out, with decent trader feedback/rating.

You could perhaps also ask around your acquaintances if there’s someone in your direct environment that would like to buy some directly from you.
 
Trustee Plus card allows you to top up with crypto and withdraw cash. You set a PIN before withdrawing in ATM with NFC or buying physical card and done.
 
Yes, it's possible to convert assets or funds to cash without going through your UK bank, but the method you use depends on what you're trying to convert. Thanks!
 
usapvasells said:
Yes, it's possible to convert assets or funds to cash without going through your UK bank, but the method you use depends on what you're trying to convert. Thanks!
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If it was possible then any crypto.
 
In any platform where you find P2P where you will give or take hard cash, be very careful. In such actual meetings, there have been cases of being robbed, kidnapped and even murders, no matter even if the platform user is KYC verified, as scammers and robbers know how to get stealth KYC to clear their user verifications.
 
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