😨🇨🇦 HELP ! Where Can I Cash Out My Steem / BTC In Canada !? 🇨🇦 😨

in #cryptocurrency7 years ago (edited)

🇨🇦 IM LOSEING MY MIND LOL ! I finally took the plunge and opened up an account on poloniex to transfer some of the steem I have powered down and change it into bitcoin , with a ton of help from @clayboyn ! Thanks a bunch , that alone was quite the process I must say ! So once that was all done he helped me to open an account on " coinbase " in order to cash out my BTC in my chequeing account , but after gooing through all the steps I found out thats not available in Canada on "coinbase" all i can do there is use a credit or debit card to BUY stuff but then i can never cash it out !! Such BS !! So next @clayboyn sugested to try "uphold " same thing ! Cant cash out in Canada !!

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🇨🇦 After going through all the crazy steps taking my picture , setting up accounts I actually spent more then 8 hours at this today , can you believe it !! Its totally rediculous , and this process should be much easier !! I wouldnt have a clue if no one helped me ! At least I now have an account on poloniex and have successfully changed my steem into BTC ! YIPPEE !

🇨🇦 BUT now I have a new problem ! My BTC is now sitting on "coinbase "and I need help to try and transfer it now out of there , and into a Reputable Canadian Account that I can actually cash out into my chequing account or through paypal even !! CAN ANY ONE HELP ME !? Perhaps a fellow Canadian knows a good and easy place i can go to it would be much appreciated !! Thanks !

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🇨🇦 I now know why alot of my fellow steemians complain about the process , and I need to go through this again in a few weeks !! Im seriousely dreading it , and its seriously turning me off of buying and selling cryptocurrency , what a hassle , I dont know how people handle the stress of it all , seriousely !!! Thanks everyone for all your support over these 9 months ive been on steemit ! Im still for sure staying on steemit , I love it here ! Im just seriously in need of the money since ive been on EI from Feb,3rd ! And im worried my credit is starting to suffer as all my credit cards are maxed out now !

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💙👍Thanks for my banner @son-of-satire ! 👍💙

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I use Coinbase. I'm in the states and just send it to my bank account. I didn't know that option was not available in Canada.

You could use https://www.quadrigacx.com
They support Bank transfers in and out and should be able to convert your BTC to CAD and send to your bank account.

I remember people being able to do this with coinbase before, surprised they never fixed their payment processor issue.

Humm!? Sounds great this one seems the best to try so far !! Yes we thought coinbase would be fine but no such luck ! I have had a very stressful day and i also need to transfer my btc out of coinbase now into a new place ! Oh joy !! Lol!👍👍👍😂

I don't know that much about Canadian Bank transfers or these exchanges so unfortunately I can't be of too much help to you. Hope you get things sorted out.

Transfer BTC out of coinbase? Well thats not hard you just need a destination address. Then to wait for bitcoins slow transactions to confirm you.

No need to be stressed about any of this. It will work out just fine. Have a bit of patience. Getting things initially set up is the hardest part. After that it will be smooth sailing.

Well thats a relief to hear ! Thanks for your kind reply , im sure I will be better able to cope once i get some sleep ans spend time relaxing tomorrow with some company and a bbq ! Sometimes a bit of a break can do wonders ! 👍👍👍🇨🇦

This pocess has given me many sleepless nights. You should ask if anyone wants to buy your steem? IlI have sold like that before and its Straight into paypal. Good luck :)

Im sure the next time will be easier once i get everthing set up , i got a good link now from @barrydutton and a few others with the same link , but i will need to do this again in 3 or 4 weeks and hopefully it goes much better , but yes thats a great option if i can find someone ! Thanks for the tip !!👍👍👍🇨🇦😨

I would like to try and cashout properly just once to say I have done it, but too scared as it looks way to scary lol Good luck on whatever you decide :)

I had lots of help yesterday , that you will want to at least be there to help you step by step on the way ! Its more time consumeing then anything , and you have to have a phone with you to get text messages for secret codes and email varifications becouse these places are very secure ! I would give it a try some afternoon whwn you have lots of quiet time with a small amount so if anything happens its not a big deal ! Then that way you will have your accounts and wallet set up , for the time you have more to cash out ! 👍👍👍👍🇨🇦

Sounds like a lot of hard work, I have someone who can walk me through it, I love steemit just hate this part.

if I were you I would buy some silver as close to spot price and wait about 2 weeks for it to go back over 18 an OZ then sell it for spot at a good coin dealer, you can buy 10 oz of silver at spot price at JM bullion , free shipping with BTC its about just less than 180 dollars US right now and you get 10 nice silver rounds, after that you could get more from provident metals, not free shipping unless over 100. Also payapl, there is a guy right now selling silver casting grain by the OZ on ebay , he has like 11 left, he is nice I ordered 3, I'm maxed out on liquid funds and paypal or I'd buy it all. Thats a way you could get your hands on some funds and not as intimidating as you think at the coin dealers.

Humm ! This is all new to me and my first time cashing out some steem , so its very daunting as it is , once i get all set up and learn what to do first and how this works i might get more into stuff slowly but surely ! Baby steps ! I just finally set up a wallet in Canada and now i need to wait 1 to 3 days for my ID varification ! Thia all takes much longer then i thought and im all ready stressed out , i needed the money for my rent but hes going to have to wait ! Once im more settled and comfortable with what im doing i will do more stuff , thanks though for the info !👍👍👍

I find it all very confusing too but chip away at understanding it and it becomes easier, plus things are becoming more user friendly every day, I would have gotten into BTC at the point I could be rich now, but I 1, couldn't wrap my head around it and 2, couldn't figure out how to get my money into BTC , things became easier in a short time and will get easier.

Thanks for your awesomr reply ! Yes slowly and everyday im learning something new ! I think just the added stress of opening accounts and after 3 tries finding a place in Canada to that changed my bitcoin to cash was very daunting , ive now finally sent my money to my sons bank account because i deal with the credit union and aparently that wont work , its not a bank !! Such BS ! and im just waiting now , it says it takes a day or 2 , so hopefully it all goes through ok tomorrow ! Im sure next time will be much easier , but they really need to make this easier for people if they want more people to get into crypto !! Its very stressful ! 👍😂👍😂

Surely @klye or @barrydutton can help. They are, after all, Canadiacryptothusiasts.

Yup ! I just got a message from @klye and i follow both of them , im waiting to hear back from @barrydutton later today ! Thanks !👍👍👍💤💤💤

Good deal!
If all else fails, I know a Nigerian prince that is on his death bed. He may pay a lot more for your bitcoin. ;)

Oooooh good to know !! Thanks LOL!!!😂😂😂🇨🇦

Try canadianbitcoins.com . I haven't tried it though.

Awesome ! Thanks for the info ! I will try a few more tomorrow ! Thats sounds kind of like a poloniex site where i allready changed my steem into bitcoin but will give it a try possibly later today im going to sleep soon its almost 5am my time ! Lol👍👍👍

Thanks ! Im sure a good sleep will help me be better able to cope tomorrow !! 💤💤💤

i wrote an article on how to turn steem into cash. ive checked and canada is covered. they used to be called e-coin but theyve rebranded to wirex.........https://steemit.com/steem-help/@pcste/turn-your-steem-or-steemdollars-sbd-into-cash-via-virtual-or-plastic-visa-card-for-u-k-and-europe-users-other-countries-covered

Awesome ! As soon as im awake later on Tonight i will definitely check it out !! Just need to set it up and move my btc now out of coinbase to the new account ! It will be less stressfulafter i get some sleep ! Thanks a bunch and good night !💤💤💤🇨🇦👍

OMG HI !!!!! Where have you been !?!? Im so glad your back , im going to be busy opening a new account this afternoon as i got many good tips on where to go in Canada today !! Lol ! So welcome back !!!👍👍👍🇨🇦😨

I've been working a lot. Too much! Are you cashing out?

I started powering down 3 or 4 weeks ago so im just cashing out so much at a time , in another 3 weeks or so i will cash out again as it takes 13 weeks to cash out , but you dont need to wait 13 weeks , you can cash out whats in your steem as it powers down once per week . Im still on EI and I really need the money to pay rent and credit cards ! Or for sure i would be keeping it powered up ! 👍👍👍🇨🇦

Sorry to hear it. I hope you will continue Steeming. You're one of my favorites! ☆☆☆☆☆😎❤👍

Oh for sure !!! More then ever actually ! Lol !Never stop steeming on !!🚀🚀🚀

I fear the process of powering down and cashing out. I hope I don't do it for a long time, and when that time comes I hope the process has been simplified. I also fear what the government will withhold as income tax.

Yes im with you on this ! And thats the way i always felt as well ! Lol! Only out of neccesity im slowly powering down im 3 weeks in now and im sure next time i cash out in about 3 or 4 more weeks it will be much easier now that allready have the polinex account set up and soon hopefully a Good Canadian wallet to cadh out my bitcoin into cash ! Good night !💤💤💤👍🇨🇦😂

Aren't there any Bitcoin machines near you? Try and do a search.

I think only in Vancouver , and Coquitlam area ! I got a good link today from @barrydutton here in Canada , so hopefully it goes smoothly today ! Thanks !🇨🇦👍😂

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