Countries with no digital bank how can people get their earning??

[Omar Ommeish 4872]

In my country, we can obtain profits through intermediaries who hold money in digital banks outside the country.

[Zaino34 0]

Until now, there are no banks that deal with cryptocurrencies. Many people rely on intermediaries to exchange digital currencies for real money against a certain percentage of fees. These people must be reliable so that we do not lose our money in exchange.

[Crypto123 0]

I don't think so, here in my country there are no digital banks and they are banned from most digital banks except for a few, so I have to use intermediaries to convert bitcoin and cryptocurrency into local money.

[Mohssine 1725]

Im in a country unfortunately don’t support cryptocurrency and this is a big problem , because if i need to withdraw my money in my country  i have to do same other step, first i have to find a good website give me opportunity to exchange my crypto to PayPal or skrill , and after that i link my bank account with skrill or PayPal , and than send them to my bank account , this is need a lot of time , and i lose a lot of money just in transactions . I wish this problem fixed by supporting cryptocurrency from my country.

[Dark_Sky 8489]

On 5/18/2020 at 2:19 AM, yato987 said:

they can withdraw their earning from their yobit account to a friend of yours and he can get you the money when coming to your country or if you don't have a friend then a  known company that will do the same as if you had a friend but they will take a fee for sure

If this is true then this is a nice idea. 

I can't imagine a country without a bank account so it's so hard for me to tell how they can withdraw some amount. 

 

[Raqeebzy 6456]

There are services that serves as intermediary for transactions like this, you can sell your bitcoins on Localbitcoins. It is supported in more than 200 countries around the world and withdrawals can be made through channels like PayPal, Wire transfer, western union, mobile money and other channels. The charges are okay. 

[Abdalrazig 1865]

Hello my friend, I am facing the same issue, but I doesn't matter there are a lot of people working in cryptocurrencies buying and selling with some fees, it's better than nothing, check google and social media you will find some.

[DreamStage 2105]

You can exchange them at virtual exchangers where there are other people trading and negotiate with them a place to get your money.

As for instance setup a time and date where you trade with buyer in your local region so that you meet each other and trade takes place at rea life 😉

Just make sure to not be scammed eventually.

[Calvinpriva 17296]

They just need a payment processor to help them withdraw their coins and not only banks. They can use mobile money payment methods, they can also use moneygram services and they will get their money very safely.

[Virgil dijk 1431]

For me I think in countries with no digital banks if members wants to get thier earnings there have to look for other members who is interested in buying bitcoins , so there could sell thier coin to them and get payment in fiat currency.

[bitcoinb 1359]

In this case, a 3rd party or middleman is requiered to benefit from your online earning to the pysical life. Paxful is a great alternative for that, for example you can sell your Bitcoin and received the sell amount tp Paypal or Amazon gift cards.

[BrolySSJ 7899]

I think that the best thing to do in these cases woudl be to make use of online reliable platforms that will be able to make the exchange of your money. That is probably the only way to go. You can try in person with someone that can arrange funds as well if they are interested in crypto. But my country does not have a bank like this so i make use of giftcards which i purchase with my crypto earnings.

[Soaib khan 1035]

I have no information about it these days most of the country are using atm where we can deposit and withdraw money but some country does not have so in that case they have physical banks where we can do all thinks related to money 

[guatazoo 7150]

On 5/17/2020 at 7:20 PM, issa123h said:

 

Hello my dear friends I have an inquiry about countries that do not have digital banks How can customers of these countries withdraw their funds from digital banks such as payeer or bitcoin Are there any intermediate global banks that perform this process and transfer to those countries where there are no electronic banks please help

In my country also there is no digital currencies bank, but I'm withdrawing my cryptocurrencies to my local currencies very easy through localbitcoins.com. 

[gourav789 2834]

On 5/18/2020 at 6:31 AM, scorpiali said:

There is many alternative way to send your money to your bank even if you dont accept that,just search for localbitcoin or paxful and you have many way to do that 

I Also think this is perfect way to exchange any Crypto currency in their local currency , paxful and localbitcoin is best and having good reputation website in market from long time. I also used this website for exchanging Bitcoin to fait currency .

[scorpiali 5626]

Just now, gourav789 said:

I Also think this is perfect way to exchange any Crypto currency in their local currency , paxful and localbitcoin is best and having good reputation website in market from long time. I also used this website for exchanging Bitcoin to fait currency .

I have find one called the Advcash it's a wallet for fiat and coins that you can claim for her plastic visa card and you can withdraw your coins on your cad and use the atm in your country to get your money with low fees 

[Wilmer Garcia 0]

That must be a bit difficult but you will surely have some solution thank God in my country as with different banks where I can receive payment for the sale of my cryptocurrencies

[Kawuak 142]

It is not necessary for you to make use of banks instead you can exchange the bitcoin to USD, ethereum or any other coins in yobit exchanger or paxful to exchange to there local currency, paxful have almost 300 withdrawal method on the site, so it is left for you to decide on which one to use.

[Cammer 4609]

On 5/17/2020 at 7:20 PM, issa123h said:

 

Hello my dear friends I have an inquiry about countries that do not have digital banks How can customers of these countries withdraw their funds from digital banks such as payeer or bitcoin Are there any intermediate global banks that perform this process and transfer to those countries where there are no electronic banks please help

You cannot withdraw any of your online money if you don't have digital bank services. However, you can use a middleman that accepts to deal with you.

[pablomarwan 3082]

The majority of us, at the beginning of this field, faced a difficulty in that, as he owns a large amount of money in one of these banks and does not know how to get them out. Here one of us is guaranteed by a person who is cutting to solve this problem, as you give them the amount that you want to transfer and determines the bank you are dealing with. But despite this help, it is also considered a risk if you are not sure about the service

[Nab 263]

the most advisable is to withdraw from Payeer to a wallet of any echange in our country and then transfer to our local account, usually i send my bitcoin to Bitso and then exchange them to my local currency.

[Crypto123 0]

On 5/29/2020 at 1:35 PM, Mohamad ibrahem said:

This is a really big problem.

I don’t know if there is a solution to this problem.  

Perhaps you can count on someone residing outside your country to withdraw money and transfer it to you

It is a problem but not significant, there are always solutions to any problem, one of the solutions that you mentioned and it is through a person abroad, another solution through an intermediary located in the same country and this is what I am doing now where there are several reliable people I deal with.

[Mcd0d0 5882]

On 5/19/2020 at 2:50 AM, Sentry said:

What do you mean by digital bank

Well, digital bank is like a online wallet which is now the money will being digital and this is important for those people who wants to buy online because they will now paid it directly by having an money online.

[Jeet Narayan 1940]

I don't think there will be a crypto bank in any more country so we can't transfer our Bitcoin in crypto Banks but we can transfer our money by PayPal and others e-wallets because e-wallet supporting their countries banks.

[Bohana 2143]

Actually a good question. I resort to digital banks, but I think countries that do not use them have brokers who take money at a certain rate