BitShares Forum

Main => General Discussion => Topic started by: JonnyB on November 23, 2016, 07:55:55 pm

Title: Withdraw BitUSD to your bank account.
Post by: JonnyB on November 23, 2016, 07:55:55 pm

I've made a quick video showing how to withdraw BitUSD to you bank account via uphold.com

https://youtu.be/IFs-iFJ8Y3Y (https://youtu.be/IFs-iFJ8Y3Y)

I cut this video a bit short as it displayed some of my bank details. but you just withdraw to USD bank account at 0% fee and have to wait 1-3 days

Obviously you have to pay upholds conversion fee of 0.45% and whatever blocktrades charges to convert BitUSD to BTC.

Title: Re: Withdraw BitUSD to your bank account.
Post by: Chronos on November 23, 2016, 08:11:33 pm

Nice video!

I was hoping for a gateway that converted directly BitUSD -> USD. Without even considering the extra fees, waiting for the confirmations on the bitcoin network makes Bitshares look slow, when it's actually one of the fastest blockchains around.  8)

Title: Re: Withdraw BitUSD to your bank account.
Post by: kingslanding on November 24, 2016, 05:29:07 am

Thanks for this info.

This looks like a much cheaper way to transfer funds than Remittio.  As a bitshares user, why would I then want to use Remittio?  (besides having more cryptocurrency to use)

Title: Re: Withdraw BitUSD to your bank account.
Post by: abit on November 24, 2016, 11:52:21 pm

Nice tutorial.  +5%

Title: Re: Withdraw BitUSD to your bank account.
Post by: Chris4210 on November 25, 2016, 03:52:59 pm

Quote from: JonnyBitcoin on November 23, 2016, 07:55:55 pm

I've made a quick video showing how to withdraw BitUSD to you bank account via uphold.com

https://youtu.be/IFs-iFJ8Y3Y (https://youtu.be/IFs-iFJ8Y3Y)

I cut this video a bit short as it displayed some of my bank details. but you just withdraw to USD bank account at 0% fee and have to wait 1-3 days

Obviously you have to pay upholds conversion fee of 0.45% and whatever blocktrades charges to convert BitUSD to BTC.

Nice little tutorial, I will tweet about it.

Title: Re: Withdraw BitUSD to your bank account.
Post by: pc on November 26, 2016, 10:08:39 am

Good one.

Title: Re: Withdraw BitUSD to your bank account.
Post by: bitacer on January 05, 2017, 07:24:39 am

Good video, you can also use your xapo wallet - they provide a debit card too.

Title: Re: Withdraw BitUSD to your bank account.
Post by: konelectric on January 05, 2017, 02:48:06 pm

Quote from: bitacer on January 05, 2017, 07:24:39 am

Good video, you can also use your xapo wallet - they provide a debit card too.

I like the debit card ability.

Title: Re: Withdraw BitUSD to your bank account.
Post by: serejandmyself on January 05, 2017, 03:05:25 pm

I like coinsbank, because then I don't even need to have a bank account, apart from the one attached to the card (no advertsiment inteded). And you just made me realize, that I can actaully use bitshares, to top up my btc wallet there.

Ashame they don't want to accept bts as a token to use.