Bitcoin is the meaning of making money. Investing in Bitcoin. Performing micro-work on specialized resources

I don’t know about you, but when I cash out Bitcoin or any other currency, I pay attention to 2 parameters: the security of the transaction and the best exchange rate. But the fact is that many beginners think only about the best course, forgetting about the risks.

In this article I will talk about how to exchange Bitcoins at the best rate and even compare the rates of different services. In addition, I will explain what to be wary of when cashing out cryptocurrency and what risks await users.

Important! If you do not plan to cash out large amounts of Bitcoin and are not afraid of card and tax blocking, then you can skip the security section. Click and go straight to withdrawal methods.

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Exchange security. How to cash out Bitcoins in Russia without risk?

Usually, when they talk about the safety of exchanging Bitcoins for rubles, they mean the risks that the exchanger or exchange will steal your money. But, in fact, exchangers work very professionally, and your money is more likely to be blocked by a regular bank.

Blocking of funds by the bank.

Russian banks are forced to block suspicious transactions due to Federal Law 115 (“On combating the legalization (laundering) of proceeds from crime and the financing of terrorism”), otherwise they risk losing their license.

Thus, if your receipt seems suspicious, the bank will block your funds and require you to provide evidence that the money was earned honestly.

At the moment, cryptocurrency is not regulated by law, so banks play it safe and often do not take the client’s side. They can permanently block your card, account, and sometimes money. There is also a chance that they will ask you to pay taxes on the amount you withdraw.

In itself, withdrawing cryptocurrency from your wallet is not against the law, but if you are withdrawing money by exchange (through an exchanger or a private money changer), then think in advance what story you will tell the bank employee and what evidence you can provide.

If you withdraw cryptocurrency from an exchange, then, at first glance, you are acting according to the law. But some banks may consider trading on a cryptocurrency exchange to be a form of entrepreneurship. Even if you are registered as an individual entrepreneur, it is better to clarify in advance whether the bank allows clients to use their personal plastic cards for business activities. If not, your card will be blocked, but the money will be returned through the cashier.

Thus, according to banks, you should withdraw bitcoins through the exchange to the individual entrepreneur’s current account. In this case, there will be no questions for you.

How to protect your income from blocking?

• Do not transfer large amounts at once. Do not withdraw 500 rubles at once, spread the withdrawal over a week or two. Better make 10 transactions of 50 tr.
• Use multiple cards. Get cards in several banks and distribute transactions between them. You can also connect cards from friends and relatives.
• Don't cash out. If you transferred money to a card and immediately withdrew it, this is a signal to the bank that you are cashing out. Let the funds sit for a couple of weeks, transfer them to a deposit, and pay with this card in stores.
• Become a good customer for the bank. As practice shows, if a client has a bank credit card, a loan, a deposit, a certain status (privileged client), etc., then the risk of blocking the card is reduced significantly.

In general, if you make several withdrawals per month for amounts not exceeding 50 thousand rubles, then the risk of blocking is very low. As the lump sum amount and monthly withdrawal amount increase, the risks also increase.

Is it legal to cash out Bitcoin in Russia in 2019?

As you know, our country is not particularly fond of cryptocurrencies. Therefore, before you cash out Bitcoin in Russia, you need to find out how safe it is. Will you be subject to any charges?

If you have heard the joke about Schrödenger’s cat (who is both alive and dead at the same time), then you will easily understand the status of cryptocurrency in Russia. It is neither prohibited nor permitted.

That is, there are no laws regulating Bitcoin. The legislation is still under development.

Therefore, even if you cash out Bitcoin directly into cash rubles or dollars, you have nothing to fear. You are not breaking any law.

But how can this be? We heard about criminal cases for cashing out cryptocurrency! For example, this is a high-profile case.

Yes, there were several high-profile news about arrests for cashing out Bitcoin. But the reason for the arrest was always not the fact of the exchange itself, but another crime. For example, selling drugs for cryptocurrency.

Regarding the case described above, people were accused of illegal banking activities. This article definitely won’t harm you.

Therefore, if you are an ordinary person (not a legal entity) and want to withdraw Bitcoin by exchanging it for fiat currency, then you have nothing to fear.

Do I need to pay taxes when cashing out Bitcoin?

Let's start off with. that the government really wants you to pay more taxes. Therefore, it is understood that you must pay tax on any income.

Let's say you bought 1 Bitcoin for $5,000, sold for $10,000, and made a profit of $5,000. You must pay income tax on this money, that is, 13%.

Accordingly, this income must be indicated in the declaration. And the declaration itself has been submitted to the tax office.

But firstly, cryptocurrencies are anonymous. Therefore, it is almost impossible to track where the money came from and what the basis for the transfer was. And if you withdraw Bitcoins directly into cash, then government authorities know nothing at all about your income.

Secondly, it is impossible to prove that this is income (of course, unless you tell the tax authorities about it yourself). You can always say it's a loan or gift, which is tax-deductible.

Thirdly, it is not clear how to calculate income. For example, you cashed out Bitcoin and received $5,000 for it. It seems like you have to pay tax on profits, right?

What if you bought it for 10,000? This means you are at a loss and don’t have to pay anything. But it’s not clear how you can prove this to the tax authorities. And it is even less clear how the tax authorities can prove the opposite.

While the legislation is not yet ready, the tax authorities show little interest in income from cryptocurrency.

Should I pay taxes on withdrawing Bitcoin or not? Everyone decides for themselves. Do I pay taxes on cryptocurrency? Yes, I'm crying.

Offshore card.

Many users think that if they use an offshore card, then they are 100% protected from taxes. In fact, this is not true.

Indeed, a bank in Panama will not transmit tax information about your account to the Russian authorities. But Visa and Master Card payment systems will transfer.

In general, as far as I know, in Russia there is no tax police dealing with individuals who would monitor your transactions. But if they are interested in you, they will easily receive information about transactions on your offshore card.

1. How to withdraw Bitcoins from a wallet to a bank card?

There are 2 popular services with which you can withdraw Bitcoin to your bank card: BestChange and LocalBitcoins. Let's immediately compare where the exchange is more profitable.

At the time of writing, the Bitcoin rate was 670,941 rubles according to the coindesk.com exchange.

Rate according to coindesk.com.

On BestChange, when trying to exchange Bitcoins to a Sberbank card, the maximum rate was 675,659 rubles.

Monitoring exchangers.

At the same time, the rates on LocalBitcoins turned out to be more profitable. For one Bitcoin they offered more than 700 thousand rubles.

Localbitcoins exchange rates.

You need to keep in mind that the course is constantly changing. Moreover, it is influenced not only by the exchange rate of the cryptocurrency, but also by the difference in supply and demand for a particular service. For example, if at the moment a surge in activity began and people began to intensively buy Bitcoins through exchangers, but at the same time they began to sell less, then the exchange services will make the Bitcoin purchase rate much higher than the exchange rate, but the selling rate will also rise above the exchange rate, that is, it will be very beneficial to those who want to exchange this cryptocurrency for rubles.

1.1. Withdrawing Bitcoin to a Sberbank card through monitoring BestChange exchangers.

This service combines the best online exchangers. An exchanger is a service where you can exchange one currency for another by paying a small commission. For example, you translate for Ivanova I.I. Bitcoins go to his wallet, and he transfers rubles from his card to yours.

All exchange services are sorted here by the best exchange rate. It also shows the current amount available to each exchanger and reviews about it.

How to change Bitcoins to rubles using BestChange?

1.2. Withdrawal of Bitcoins into rubles through LocalBitcoins.

This is a service that, in its operating principle, resembles an exchange. He acts as an intermediary between 2 people, one of whom wants to sell Bitcoins and the other wants to buy. On LocalBitcoins you will find not only offers from professional exchangers, but also from ordinary people.

First, let's talk a little about security. If you sell Bitcoins, then you don't need to worry about security at all. The fact is that the exchange of Bitcoins takes place through the service: first, the seller transfers them to a wallet in LocalBitcoins, then after the exchange starts, the cryptocurrency is blocked, and after payment is confirmed, it is automatically transferred to the buyer’s account.

That is, your Bitcoins will not be transferred to another person until you see the money on your card and click on the “Confirm receipt” button.

In addition, each service participant has reviews, ratings, percentage of successful transactions, etc. People spend a lot of effort and time to improve their reputation and will not cheat anyone for the sake of a few thousand rubles. If you are a newbie, you will have limited exchange amounts available until you gain enough reputation.

How to exchange Bitcoin for rubles using LocalBitcoins?

Step 1. Go to the Localbitcoins.net website, go through the registration procedure and confirm your E-mail. It is advisable to confirm your phone and identity, as well as set up two-factor authentication.

Step 2. Top up your internal wallet. To do this, click on “Wallet”, then on “Get Bitcoins”. After that, transfer the required amount to the address shown below. After the transfer, the money will appear in your internal wallet.

We replenish the internal wallet.

Step 3. Go to the “Sell Bitcoins” tab, click on “Show more” and select “Transfers through a specific bank”.

Go to the “Sell Bitcoins” tab

Then select the user you like (pay attention to reputation, percentage of successful transactions, exchange amount) and click on the “Sell” button.

Step 4: Submit a deal request. Enter the amount you want to change and click on the big green button. It is advisable to write a message to the seller, say hello and indicate the card for transfer. But this can also be found out in the process of communication.

Step 5. After the seller transfers the money to your card, you need to confirm receipt of the money and the frozen Bitcoins will be transferred to his account. After the operation, rate the seller and leave a review.

1.3. Withdrawing money from a Bitcoin wallet through a Telegram bot.

These bots work on the same principle as the LocalBitcoins website. Only all operations take place in the Telegram messenger interface. The rate here is more profitable than on BestChange and about the same as on LocalBitcoins.

The exchange occurs in the same way as in the previous service:

• Register in Telegram (if you are not registered) and add the BTC_CHANGE_BOT (BTC banker) bot. Select the Russian language and agree to the terms.
• Go to your wallet and transfer Bitcoins to your internal address.
• After the cryptocurrency is displayed in the wallet, click on the “Sell Bitcoins” button and select the desired bank.

We sell Bitcoins through a bot.

• Now you will see a list of people who are ready to buy your Bitcoins for rubles. By clicking on each of them, you can view information about each seller.
• After we have chosen a seller, we begin the transaction. To do this, we follow the bot’s requirements: indicate the exchange amount and details.
• After the seller transfers the money to your card, you will need to confirm the receipt of money and the Bitcoins will be sent to the seller's wallet.

1.4. Withdrawing Bitcoins to a card via Webmoney.

This method has several advantages. Firstly, this is a more favorable rate (read more about this below). And, secondly, withdrawal by bank transfer is available. This withdrawal method is considered official by Webmoney, so you can withdraw relatively large amounts without fear of account blocking.

Keep in mind that for a transfer to a card you will have to pay a commission of 2-3%: 1-2% per transaction, plus the standard WebMoney commission - 0.8%. For a bank transfer - 15 rubles plus 0.8%, transfer period from 1 to 5 days.

How to withdraw Bitcoins into rubles to a Sberbank card using Webmoney?

• To transfer small amounts, it will be enough to obtain a formal certificate. But, if you plan to frequently withdraw money through WebMoney, it is recommended to obtain an initial certificate. By the way, this can be done through the State Services website.
• We create a WMX wallet - this will be your Bitcoin wallet in the Webmoney service. Click on the top up button and see the address to which you need to transfer Bitcoins.

We transfer Bitcoins to WebMoney.

• After transferring Bitcoins, they will appear on your balance. Click on the “Exchange Funds” button. In the window that appears, change WMX to WMR. Now you have rubles on WebMoney and you need to withdraw them.

Select the withdrawal method.

• Now you can withdraw money to any card by paying a 2% commission. But such an exchange will be carried out through the internal WebMoney exchange, so this method is not so reliable. The second option is to link the card to the WebMoney service.

Withdrawal conditions.

• In order to make a withdrawal by bank transfer, go to your WMR wallet and click on the “Withdraw Funds” button and select “Bank Transfer”. Then you will need to enter your account details: BIC, Corr. account, current account number, bank INN and payment amount. After that, check and pay this invoice.

1.5. How to withdraw money from a Bitcoin wallet through exchanges?

There are not many exchanges that allow you to withdraw rubles to a plastic card or by bank transfer, and in general, not all cryptocurrency exchanges work with fiat money.

There is one exchange that is often used to withdraw rubles to a card. It's called EXMO.

Using EXMO as an example, you can see what conditions await those who decide to cash out Bitcoin in this way. The commission is not particularly large - 3% + 50 rubles. But the limits prevent you from working with really large amounts: 15,000 rubles for one withdrawal and 600,000 rubles per month.

Honestly, I trust exchangers and Webmoney more than such exchanges.

How does the withdrawal take place?

• Transfer Bitcoins to an exchange. To do this, you need to send the currency to your internal exchange wallet.

We transfer Bitcoin to the exchange.

• Exchange them for rubles. This can be done either using the exchange itself or using an internal exchanger.

We exchange it for rubles.

• Withdraw rubles to the card. There are several withdrawal methods. In our case, this is a bank transfer and withdrawal to a card. As you can see, on EXMO, withdrawal to a card is more profitable.

We order withdrawal.

Do not forget that in order to fully use all exchange tools, you must pass verification.

The two most popular BTC withdrawal directions. Where are the best courses?

Yes, now you know a sufficient number of tools with which you can withdraw Bitcoin into rubles or dollars online. But which one is the best? Where is the best rate?

Now you don’t have to go to all these services and compare courses. I did it for you.

I compared all the conditions for the most popular exchange directions: BTC - Sberbank and BTC - Qiwi. Let's see what I got.

How to withdraw Bitcoins to a Sberbank card at the best rate?

Let's see in practice what is the most profitable way to withdraw Bitcoins to a Sberbank card? To do this, we compare the courses of the most popular tools and choose the best one.

Sberbank is the most popular Russian bank. Most citizens have a card from this bank, so this withdrawal method can be considered the most convenient and popular.

It is now February 2019. According to coinmarketcap.com, the dollar exchange rate is $4,190.

Rate according to coinmarketcap.com.

The dollar exchange rate is 65.51. So 1 BTC costs approximately 274,500 rubles.

Dollar to ruble exchange rate.

Let's say I want to exchange 0.1 BTC to a Sberbank card at the best rate (I took this amount for a more convenient account). How can I do this most profitably and not lose extra money on the course and commission?

To do this, compare all the conditions and choose the best:

• BestChange.

Exchange rates for BTC to Sberbank on Bestchange.

This service shows that you can withdraw money from Bitcoin to a Sberbank card at the rate of 272,065. That is, for 0.1 BTC I will receive 27,206 rubles on the card.

• Localbitcoins

Exchange rates for BTC to Sberbank on Localbitcoin.

On Localbitcoins the rate is 274,000. This means that when I withdraw 0.1 Bitcoin, I will receive 27,400 rubles to Sberbank.

• Telegram bot.

Conditions for exchanging BTC to Sberbank in a Telegram bot.

BTC_CHANGE_BOT offers to change 0.1 BTC to 26,548 rubles.

• Exchange EXMO.

BTC to Sberbank exchange rate on the stock exchange.

The exchange rate is 270,000 rubles for 1 Bitcoin. You also need to take into account the 3% commission for withdrawal. That is, when exchanging 0.1 BTC to the card, I will receive 26,190 rubles.

Results for Sberbank:

So what is the most profitable way to withdraw money from a Bitcoin wallet to a Sberbank card?

Comparison of BTC rates - Sberbank for February 2019.

As you can see, the best rates are offered by BestChange and Localbitcoins. Worst exchange rate on the stock exchange.

How to withdraw Bitcoins to Qiwi at the best rate?

The second most popular direction for withdrawing BTC is the Qiwi wallet.

A large number of people use this payment system. Internal transfers can be made here without commission. There are Qiwi terminals all over the country where you can top up your account.

I myself actively use this payment system. I even have their plastic card.

Let's see what is the most profitable way to withdraw Bitcoins to a Qiwi wallet?

To do this, compare exchange rates. Let me remind you that the current exchange rate for today (February 2019) is 4190 dollars or 274,500 rubles per 1 BTC.

• BestChange.

BTC to Qiwi exchange rates on Bestchange.

According to the sorting results, the best rate for withdrawing Bitcoin to Qiwi turned out to be 271,280. That is, when exchanging 0.1 BTC, 27,138 rubles will come to my wallet.

• localbitcoin.

Exchange rates for BTC to Qiwi on Localbitcoins.

Here the rate is 274,500 rubles for Bitcoin. So you can exchange 0.1 BTC for Qiwi for 27,450 rubles.

• Telegram bot

Conditions for exchanging BTC to Qiwi in a Telegram bot.

BTC_CHANGE_BOT offers to change 0.1 BTC to 26,403 rubles.

• Exchange EXMO.

BTC to Qiwi exchange rate on the exchange.

As I wrote above, the exchange rate is 270,000 rubles per 1 Bitcoin. And if we take into account the 3% commission for withdrawal, then when exchanging 0.1 BTC to the wallet I will receive 26,190 rubles.

Qiwi results:

In this exchange direction we were also able to find out the best exchange rate.

Comparison of BTC - Qiwi rates for February 2019.

As you can see, the best Bitcoin withdrawal rate on Qiwi is offered by Localbitcoins. Moreover, the rate here is equal to the official one. The most unfavorable rate is again on the EXMO exchange.

2. Anonymous debit cards.

Now each payment system is trying to issue its own plastic card linked to an internal account. They usually make it possible to pay for purchases in regular stores or online without commission, which is very convenient - you don’t have to cash out at all. It’s so convenient that my wallet is already swollen with different cards.

The idea is simple and clear. You receive money on Qiwi - you pay with a Qiwi card, you receive money on Yandex Money - you pay with a Yandex Money card, you receive money on AdvCash - you pay with an AdvCash card (which will soon be blocked for everyone who does not live in the EU).

Well, Bitcoin wallets did not lag behind other payment systems and issued plastic cards linked to the balance of these wallets. These cards can be used to pay in online and physical stores, as well as withdraw money from ATMs. Bitcoins are converted into the card currency at the current exchange rate. But the problem is that almost all such cards are available only to residents of the European Union.

The remaining option is to transfer Bitcoins to one of the anonymous payment systems, convert them into dollars and withdraw them through the card of this payment system through an ATM. But here, too, the same problems await us as in the case of Bitcoin cards. For Russians, most of these cards have already become unavailable for order, and the issued cards will stop working in January 2018.

Most likely, in the near future all anonymous bank cards will be prohibited for residents of Russia. But for now there remains the possibility of withdrawing Bitcoins in this way. For example, at the moment, Russians still have access to the Money Polo card, which works with the OKPay payment system.

Withdrawing through an anonymous card will require you to pay a relatively high fee. The commission is usually paid for transferring money to a payment system wallet, transferring money to a card and for withdrawing from an ATM. If you plan to withdraw money in rubles, then be prepared to pay also for currency conversion.

As you already understand, money is withdrawn in the following way: transfer money to the payment system (officially or through exchangers), put it on the card and withdraw it from an ATM in the card currency or rubles.

3. Withdrawing Bitcoin from your wallet into cash rubles.

There is another way to cash out cryptocurrency. The exchange is carried out without the participation of banks, that is, directly into cash through an exchanger.

On the one hand, this is convenient, since the bank will not be able to block the transaction, and the tax office will not receive information about your income. On the other hand, you expect high commissions and high risks.

3.1. How to withdraw Bitcoin from your wallet through an exchanger.

There are exchangers that are willing to exchange your cryptocurrency for cash. Almost all of them are concentrated in large cities: Moscow, St. Petersburg. But if you are going to change a really large amount, then this is not a problem. For this, you can go to another city, and for a fee the courier will come to yours.

Some exchangers offer an anonymous exchange service. That is, you transfer Bitcoins and receive information about the place where the bookmark with your money is located. But I think you understand how risky such an idea is. The money may not be in the indicated place and then you will not prove anything to anyone.

How to safely cash out Bitcoin in Russia?

• Go to the website of the exchanger that offers the service of exchanging for cash. Say how much you want to exchange, or leave a standard request.
• After some time (from several hours to a day, depending on whether the required amount is in the cash register), you come to the exchanger’s office and transfer Bitcoins to the specified address in the presence of an operator.
• After several confirmations of the transaction, you take your money.

The commission for such services starts from 3-4%. The exchanger can be found, for example, on the BestChange website. Just indicate the appropriate exchange direction: Bitcoin - Cash.

Please note that the rate may be less favorable than when exchanging for a bank card.

Withdrawal rate to a bank card.

Cash withdrawal rate.

Is such an exchange legal?

At the moment, according to our legislation, Bitcoins are incomprehensible candy wrappers from the Internet. And the exchange of candy wrappers for money between two individuals is completely legal.

Above, I already talked about the high-profile arrest in Russia of a group of people involved in cashing out Bitcoins. But these people were detained for illegal banking transactions, which is not a threat to you. The exchange of Bitcoins itself does not entail punishment.

3.2. Via WebMoney.

Above, I already wrote about how to transfer Bitcoins to a WebMoney wallet. Only in this case, we withdraw money not by card, but through the official exchangers of this payment system.

Advantages of official WebMoney exchangers:

• There are more of them. If regular exchangers are located only in Moscow and St. Petersburg, then WebMoney exchangers are located in almost all cities with a population of over a million.
• Higher trust. Such exchangers are opened only with the permission of the WebMoney payment system and are controlled by it. If poor quality services are provided, WebMoney may revoke the exchanger's license.
• Contract for services. An agreement is concluded with clients before the exchange takes place. Accordingly, in this case you will be protected from potential fraud.

How to make an exchange?

• Go to the WebMoney website, find a page with information about official exchangers and enter the city you are interested in. If there is no exchanger in your city, then check the cities closest to you.

Check if there are exchangers in your city.

• We leave a request for an exchange on the exchanger’s website.
• We receive a service agreement signed by the exchanger.
• We transfer money to the specified details.
• At the specified time, we come to the office and collect the cash.

Instructions from one of the exchangers.

3.3. Withdrawal through private money changers.

On the LocalBitcoins website, on cryptocurrency forums, in the corresponding Telegram bots, etc. you can find people who are engaged in exchanging Bitcoins for cash. Here you will again be faced with the fact that most of them will be concentrated in large cities. I hope I don’t need to tell you that in advance You cannot transfer money. It is best to make the exchange directly on the spot, for example, by meeting in a cafe.

4. Withdrawing money from Bitcoin wallets through ATMs.

Another way to cash out Bitcoins that cannot be ignored is ATMs. Again, this method is currently only available to those who live in large cities.

At the moment, this withdrawal method is not very popular. Firstly, they ask for a large commission for cashing out: up to 11%. Secondly, it takes a lot of time as you have to wait for the transaction to be confirmed.

Comparison of withdrawal rates.

In order to check what is the most profitable way to cash out Bitcoin into rubles, I decided to compare exchange rates on several services at the same time.

At the time of the experiment, Yandex showed the Bitcoin rate of 967,650 rubles per 1 BTC (according to coindesk.com).

Bitcoin to ruble exchange rate.

1 Step. Now, let’s say that we will withdraw this cryptocurrency through exchangers. Then let's look at the rate on BestChange.

Courses on Bestchange.

As you can see, the most profitable exchangers offer from 920 to 926 thousand rubles per 1 BTC. The best rate at that time was 926,960 rubles.

Step 2 Let's see what LokalBitcoins has to offer. The rate here is usually higher.

Courses on Localbitcoins.

As expected, I was pleased with the course. You can exchange Bitcoins at a price of 980 - 991 thousand rubles per 1 BTC. The best rate is 992,003 rubles.

Step 3. Now let's try to make an exchange through the EXMO exchange. For example, let's use the standard exchanger of this service.

Exchange rate on the EXMO exchange.

The exchange rate is 987,948 rubles per 1 BTC. Decent rate, but do not forget that you will have to pay 2% for withdrawal. It turns out: 978,948 - 2% = 959,369 rubles - this is exactly how much you will receive on the card after paying a commission. This will be the real course.

Step 4. Let's see what WebMoney offers. Bitcoins are exchanged for rubles on the internal exchange of the payment system.

Exchange rates on WebMoney.

Here we see rates from 1021 to 1034 thousand rubles per 1 BTC. Let's take for example the rate of 1,030,000 rubles. For withdrawal by bank transfer you will pay a commission of 0.8%, that is, 1,030,000 - 0.8% = 1,021,760 rubles. When withdrawing to a card, the commission will be 2.3%: 1,030,000 - 2.3% = 1,006,310 rubles. When withdrawing through an exchanger, the commission will be from 3.8%. Let's do the math: 1,030,000 - 3.8% = 990,860 rubles.

Total.

As you can see, the best exchange rate is currently offered by WebMoney. Even withdrawing to cash through official exchangers is more profitable here than cashing out to a card. But, you need to keep in mind that to fully work with this payment system you need to undergo verification.

FAQ.

In this section, I decided to collect questions on the topic of Bitcoin withdrawal that are asked most often.

1. What is the most profitable way to withdraw money from WebMoney if bank transfer is not available?

The rules for withdrawing money from WebMoney change very often. Those methods that work now may become unavailable in the near future. At the same time, at the moment, WebMoney has the best exchange rate for Bitcoins to rubles (among the methods we discussed above), so it is profitable to use this payment system.

Firstly, if you withdraw money through official exchangers, you will pay a commission of 3.8-4.8%. But this will still be one of the most profitable ways to withdraw Bitcoin. There is another convenient way to withdraw money from WebMoney in Russia: bank cards of telecom operators.

For example, Megafon or Beeline cards. You simply top up your phone balance and the money automatically appears on the card linked to the number. You can get such a card at the offices of mobile operators. It is not personalized, so you will spend no more than 5 minutes to receive it.

The downside is the restrictions on replenishment. Only 6,500 rubles per day (that’s about 200,000 rubles per month). At the same time, the commission for replenishment is only 0.8% (standard WebMoney commission). Not suitable for large sums, but quite suitable for ordinary use. ATM withdrawal fees start at 3%. You can pay with this card without commission.

2. What method of withdrawing Bitcoins do I use?

I used to withdraw Bitcoin through exchangers. Obviously, there was not the best course, but, nevertheless, this is the most convenient way. And the Bitcoin rate is growing so quickly that you don’t even have to pay attention to their commission.

So the search for another withdrawal method was not due to the exchange rate, but more as an insurance against blocking of receipts by banks. Therefore, now I have settled on WebMoney and received the necessary certificate to work with large sums.

I got myself a Megafon card and am withdrawing money to it. This is very convenient for me, because I always pay with a bank card. Replenishment of the card is limited to 200,000 rubles per month - this amount is quite enough. If I need to cash out a larger amount, I will use an official exchange office, since they are available in almost every major city.

3. How to withdraw Bitcoins to Qiwi wallet?

Withdrawing Bitcoins to Qiwi is not much different from. You can use the same tools.

• Withdraw Bitcoin to Qiwi using BestChange. Indicate the direction of exchange “Bitcoin - Qiwi” to the table. Exchangers will be sorted by the best rate and all you have to do is go to one of them and make an exchange. You will transfer Bitcoins to the specified Qiwi wallet, and in return you will receive rubles or dollars to your wallet.
• Withdraw Bitcoins to Qiwi using LocalBitcoins. Immediately on the main page of the site you will see offers to purchase your Bitcoins for rubles or dollars of the Qiwi payment system. So you will need to choose the best offer for you and make the exchange.
• Withdrawing money from a Bitcoin wallet to Qiwi using a Telegram bot. The exchange here is carried out in the same way as with a bank card. The process itself is similar to working with LocalBitcoins.

How to withdraw Bitcoins to Yandex Money?

Yandex Money is a popular payment system in RuNet. The process of withdrawing Bitcoins to Yandex Wallet is similar to the process of withdrawing to the Qiwi payment system.

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The days of furiously accumulating wealth using Bitcoin may be long gone, but that doesn't mean there's no point in doing it anymore. Now we can see the growth of Bitcoin infrastructure, including regulated and analyzed circulation, the emergence of Bitcoin ATMs and much more. Some sellers like Overstock also manage to take advantage of Bitcoin's low fees and offer special discounts on purchases made with Bitcoin. Additionally, Bitcoin appears to have calmed the storm that was raging thanks to Mt. Gox, and has shown amazing growth and maturation. All these factors allow us to roughly imagine what Bitcoin will be like after some time.

If you are fascinated or at least intrigued by Bitcoin, then you have probably either tried or thought about trying this payment system. However, it should be noted that it is important to find out more information first, and the first question is usually how to get Bitcoin in the first place.

There are 4 main ways to earn and receive Bitcoin, and we’ll probably start with buying them.

1. Buying Bitcoins

The most common way to acquire Bitcoin is to sell and buy Bitcoins at exchangers. This is the way most of you will start using Bitcoin, as there are no additional fees and you will be able to get your money back if you decide to sell it. It should also be noted that you can only buy part of the Bitcoins, so you don’t have to pay $650 or something like that right away.

Buying Bitcoins from exchangers is a very simple process: just open and create an account on one of the exchangers. Some may require copies of personal documents and even other additional documents to verify your identity.

There are two types of exchangers: fixed rate and real-time exchange.

1. Exchange at a fixed rate: The exchanger sets the value, and all sales and purchases are carried out according to it. An example can be given.

2. Exchange in real time: During the buying and selling process, you can set the maximum price at which you would be willing to buy and the minimum at which you would be willing to sell. As an example, take a look at and.

There are quite a few options available, so we offer you some tips on how to choose and conduct the exchange correctly:

* It's best to choose an exchanger that supports the currency you need to avoid having to convert your money twice.
* If you are patient, real-time exchanges will allow you to get the best deals when selling and buying Bitcoin.
* If urgency is important to you, then it is better to turn to exchangers with a fixed rate.

Bitcoin and LocalBitcoins ATMs

You can also buy and sell Bitcoin at ATMs, which are gaining popularity in North America. For example, it has several ATMs scattered throughout North America, and this network plans to expand to other countries such as Singapore, Australia, Italy and others. It also has a network of Bitcoin ATMs, which, however, is not yet operational.

If you don't want to risk your Bitcoins on online exchanges and don't have a single ATM near you, you can browse and try to find individual Bitcoin owners near you who can help you with the sale or purchase.

An alternative to buying Bitcoins is to earn money on your own - mining. It's worth noting that this is a pretty competitive environment these days, and you should only consider this opportunity if you want to do it on a long-term basis and are willing to continually upgrade your hardware.

In addition, mining will only slow down over time, since there are only 21 million Bitcoins in the world. This limit will not be reached any time soon, but it is worth remembering.

Mining equipment

Bitcoin mining requires fully autonomous and expensive ASIC hardware. There are many ready-made solutions for your choice, from a fairly entry-level level of 5 gigahashes/sec (GH/s) like up to 2 terrahashes/sec (TH/s) like from Cointerra. TerraMiner IV, for example, is capable of generating about 1.8 Bitcoins per week.

This all sounds tempting, but be warned that mining difficulty is increasing every day and your machines will continually generate less and less.

Mining costs

When mining Bitcoins, you should take into account additional costs in the form of electricity costs. TerraMiner IV consumes approximately 2100 watts per hour. Add this to the initial cost of 6 thousand dollars, and then earning 1.8 Bitcoins per week doesn’t seem so good anymore, does it?

The biggest difficulty, however, is that the car simply will not be delivered. The mining hardware market is full of scammers and tempting offers. If you are an adventurer, we recommend that you thoroughly familiarize yourself with the device you want to buy, as well as study the history of the person who is selling it.

Cloud mining

There is another way to earn Bitcoins that does not involve buying or selling them or using mining hardware. We are talking about mining in the cloud. At the moment, several sites offer such a service, for example, one of the sites is the site. Overall, CEX.IO is a marketplace that allows you to buy and sell hashing power in the form of GH/s.

The GH/s you buy generates Bitcoin for you, and all you have to do is just pay for the power you consume. This is a very interesting solution, and perhaps you should pay attention to it if you do not want to deal with exchangers and buy mining machines too expensive.

3. Exchange Altcoin for Bitcoin

Option 3: Instead of generating bitcoins yourself, you can generate or buy altcoins (from the word "alternative"), such as Litecoin, and then exchange them for bitcoins in exchangers like or. This method means that you will have to monitor the quotes and react quickly when a bet that suits you is offered.

Scrypt coins are comparatively easier to earn and can even be generated using AMD-based home GPUs. In addition, today they are noticeably cheaper.

AMD's current flagship GPU, the R9 290X, tops out at $600, and you'll definitely need more than one to generate even one litecoin per week, which is roughly 0.028 Bitcoin at the time of writing.

You will definitely need more than one card, and with each new card your electricity consumption will increase.

No one is saying that you have to mine Litecoin, as you will need to choose the best option and stick with it. At the time of writing, Dogecoin was a fairly attractive option, however this, like everything in the cryptocurrency world, can change overnight.

4. Free Bitcoins

If you just want to take a closer look, get the hang of it, and don’t have much desire to spend your own money, then you might be interested in Bitcoin gateways or distributors. They sometimes give out free Satoshi, sometimes once or several times a day. Some also attract you to games where you can get free bitcoins. As examples, I would like to cite those who distribute free Bitcoin and those who distribute free Dogecoin.

However, don’t flatter yourself too much. Satoshi is the smallest particle of Bitcoin, approximately 0.00000001 BTC. , for example, distributes about 0.00000300 BTC every hour, although you can get 0.3 BTC. Of course, such gifts will not allow you to buy a cool TV, but they will help you get acquainted with this world and the sphere of cryptocurrency.

In conclusion

The choice of method depends entirely on how much money you are willing to invest in this matter. Mining Bitcoin is definitely the job of someone special, but Bitcoin exchanges or giveaways help ordinary people get a feel for what this cryptocurrency is all about. Considering that people like Jared Cohen and Google are ready to lose weight for the sake of Bitcoin and cryptocurrency, then it’s definitely worth thinking about at least getting acquainted with these neologisms.

Bitcoin is the most successful virtual currency, which has grown rapidly in price since 2009 and today 1 bitcoin is equal to 22 thousand rubles. According to experts, the price of the currency will rise because... Bitcoin is only gaining demand around the world.

So we'll figure it out how to quickly earn bitcoins using the most effective methods for this. It is worth noting that methods that were relevant several years ago are useless today.

A quick way to earn bitcoins on faucets is to complete various tasks and receive a reward for it. As a rule, tasks consist of entering a captcha, taking part in lotteries, watching advertisements, etc.

Of course, each faucet provides different tasks and you can earn money differently on each faucet. However, we will need Bitcoin faucets just to start earning Bitcoins without investments!

The best Bitcoin faucets of 2016

№	Tap	Timer (min)	Satoshi/hour	Min. Conclusion
1	FreeBitcoin	60	30	30000
2	Getfree-Bitcoin	60	200	15200
3	BonusBitcoin	15	50	10000
4	DailyFreeBits	60	100	700

I recommend registering at absolutely every Bitcoin faucet and trying to earn the maximum possible amount. I recommend gaining a little more than 10 million satoshi (0.1 BTC).

An example of earning bitcoins on FreeBitcoin

Mining ( mining English) a concept from the mining industry, which means the development of deposits or the extraction of virtual currency, if we talk about bitcoins.

Bitcoin mining from the technical side is a search of various codes in a block using the power of your video card. The block itself includes the code of the previous found block. And if you managed to open a new block in the system, then you get 25 bitcoins.

However, the chance that your computer alone will open an entire block is zero due to the fact that there are too many bitcoins in the system and miners who are engaged in mining new blocks using the best equipment.

Therefore, I will share reliable mining methods that will help you quickly earn bitcoins with a 100% guarantee of withdrawal.

1. Cloud mining of bitcoins

Cloud mining of bitcoins is a partial rental of equipment with high power, where you get a certain power for a different amount of money, which evenly mines new blocks of bitcoins.

Essentially, this is an investment in someone’s bitcoin mining project, where the client quickly earns bitcoins or receives money into his account. Most cloud bitcoin mining services are a scam, but there are several honest services that pay regularly.

The best cloud mining services for bitcoins

2. Buying an ASIC for Mining

Unfortunately, it is no longer profitable to buy expensive video cards and earn bitcoins from it. Since the payback can reach up to several years, many people began to buy a specialized ASIC processor.

ASIC— created specifically for calculating codes and as a result of receiving Bitcoins. Unlike computers, it is more productive and has lower electricity costs. This type of equipment is used by cloud services for bitcoin mining.

The cost of such equipment starts from 5,000 thousand rubles. up to 1 million rubles depending on model and power. I recommend taking Chinese ASICs and ordering them on AliExpress. It will be 2 times cheaper than buying equipment in Russia.

The most important thing is that after you earn a lot of bitcoins from your purchased equipment, you can easily sell it and turn out to be a good profit!

3. Mining with Pools

Since mining bitcoins on video cards is considered pure luck, that’s why computing services “Pools” appeared. Which, based on the power of your video card, send a pool of codes to your computer for verification.

At the same time, there are many participants in the system who also use the power of their computers to search for blocks. It turns out that all participants have a common task, which makes receiving bitcoins more uniform than doing it alone.

Radeon video cards are excellent for this kind of earnings: 5870, 5970, R9 270X or 7870. They are considered one of the most productive video cards.

f2pool.com— Chinese service, which is the largest among all and has about 20% of the hash rating on the network. There you can mine both altcoins and litecoins.

mining.bitcoin.cz— A very powerful pool that generates about 1/8 of all blocks in Bitcoin. It is also the most profitable pool among the others. The pool owner's share is 2% (1 BTC for a 50 BTC prize).

coinwarz.com- a service that perfectly helps you understand what is most profitable to mine today, and you can also look at statistics and choose the most profitable currency for mining.

One of the most profitable and best ways to earn bitcoins is by trading cryptocurrencies on exchanges. If you have 0.1 BTC, then it will take about 2 months to make 1 BTC.

How to earn bitcoins on the exchange? There are several options that all brokers use, but successful brokers use 2 options at once. These are trades for either the short term or the long term.

Short term: When fluctuations in the exchange rate are monitored during the week and traded in the most advantageous position for small amounts. It is recommended to buy both Bitcoins and Litecoins.

Long term: Buy the maximum amount of bitcoins and wait 6 or 12 months until the rate rises sharply. And this often happens if you look at the BTC/RUB chart after a sharp decline.

I manage to earn from 0.3 to 0.8 BTC every month on BTC races, but I don’t withdraw money because... The larger the bets, the faster you make money on transactions. Therefore, save a decent amount and then withdraw.

Exmo is the best cryptocurrency exchange that supports currencies such as: BTC, LTC, DGC, etc. He has been trading for many years, and the commission on the transaction is 0.2% (one of the lowest). And there is no commission at all for depositing and withdrawing money! In this case, you can withdraw money through Yandex wallet, WebMoney and QIWI.

Livecoin is a very convenient and popular exchange for trading, where there is a Russian language and an easy interface. Has a commission on transactions of 0.2% and withdrawal of funds without commission. And most importantly, withdrawals for funds will soon appear. MasterCard And Visa.

Now you know how to quickly earn bitcoins without investments, and therefore without risks. Personally, I get about 2.5 BTC per month and each time this amount increases, and I haven’t invested a penny!

Everyone began to learn more about cryptocurrencies precisely because they believe that it is easy money that does not require any special professional skills or intellectual effort. To some extent this is true, but do not forget that free cheese only comes in mousetraps. It’s the same with bitcoins – no one will give them away for a “thank you”. To get funds you will need to work, investing your own money, and only after a certain period will real earnings begin.

First, you need to find out how many bitcoins you can earn in a day, and then in a month, and only after that decide whether you can invest money in developing your own business using crypto coins, or choose other types of activities. In principle, if making money on bitcoins seems too difficult, then you can use any other cryptocurrency. But in this case, the amount of money will also depend on which financial unit you choose and how much it costs in terms of real money.

How to make money on cryptocurrencies

What to do if you want to accumulate bitcoins, but you see that the technology is quite complicated? There is a way out that everyone can use - accumulate other cryptocurrencies, and then exchange them for bitcoins. Not a bad alternative, but not for those who want to earn 1 bitcoin per day. This is every miner’s dream, but not everyone can achieve it. In order to receive such money, you need a farm, and its development will cost a huge sum, which will not soon be recouped even with such earnings.

But the larger the farm, the more bitcoins it earns, so people who have money and want to increase it invest in virtual currency, while continuing to mine it. Besides this, there are other ways to get big money, if not in a day, then in a couple of days.

Of course, this is not a complete list of opportunities to get bitcoins, but we tried to collect all the most popular ones. Many of them do not immediately generate income, or in order to earn money in them you need to make a lot of effort and invest money. And others, on the contrary, bring instant, but not very stable income. Each has its own advantages and disadvantages, but it will be quite possible to get a certain amount.

How much can you earn from Bitcoin mining?

Now we will talk not about ordinary mining, but about . This is an excellent alternative for those users who are not satisfied with the farm, or rather the amount that needs to be paid for its creation, but at the same time they want to mine cryptocurrency.

A person has little capital saved up. It’s clear that he won’t have enough to buy expensive equipment, but he won’t have enough to rent. Only you need to rent not the equipment itself, but its power. In order to buy a tariff, you need to find cloud mining sites and choose the most suitable one among them. This is a great alternative to classic Bitcoin mining. You can carry it out at home, without spending money on expensive equipment and more.

In doing so, you will receive the following benefits:

• Power can not only be rented, but also purchased;
• Modest prices and the ability to invest small amounts;
• Some users earn about 1 bitcoin per day, but this is the maximum turnover of this cryptocurrency, so it is simply impossible to earn more;
• There is no need to worry whether your earnings will depend on the power being turned off or the availability of the Internet, and, of course, you do not need to worry about the cooling system.

All this is now a headache for cloud service owners. They provide power and high-quality operation of the equipment. Thus, cloud mining is the easiest way to get bitcoins, investing a minimum of effort and money, but receiving good dividends in the form of tens of thousands of satoshis earned per day.

But the money must be divided - earnings are distributed among mining participants in proportion to how much they invested in this process. It turns out that the more you spend, the more you get. This is true. So if you don't skimp, you can get 1 bitcoin per day. Of course, this is a lot, because at the moment the cost of this cryptocurrency is $2,700.

How much can you earn from Bitcoin faucets?

Bitcoin faucets are not a solution for the lazy. These sites pay for entering a captcha, which means that a person trying to make money this way must be constantly in touch and not stray far from the computer. You need to enter the captcha once every 5-10 minutes, so you are literally tied to your laptop. Not many people can withstand such hard work, which is why earnings on such sites are not the greatest. But it’s quite possible to get a few bucks.

But you will have to work not on one crane, but on several dozen. That’s when people earn over a thousand dollars a month, considering that now the price of one bitcoin fluctuates somewhere around $2,700. And if you are interested in earning even more, then you need to connect to more faucets, but only by choosing those that actually pay and you can withdraw funds.

With the growing popularity of mining as one of the options for making a profit (not the most reliable, but promising), many ways to earn bitcoins on iOS and Android phones without investment have appeared. The presence of modern smartphones, comparable in power to desktop PCs, allows you to receive a small amount of cryptocurrency at almost any time and throughout the day. Before you earn bitcoins on your phone, you should start and choose the appropriate method - using games, or completing tasks.

Ways to earn money

The principles of earning cryptocurrency on a phone differ from the methods used by ordinary miners. And, even if it is possible to mine using video cards by installing suitable software and practically not taking part in it, the owner of the smartphone will have to spend more time.

Among the options that allow you to earn bitcoins without investing on your phone, it is worth noting:

• installation of a special bitcoin application;
• registration on sites with so-called “faucets”, so named because of the dosed receipt of currency (money seems to drip);
• performing various paid tasks for which satoshis (or other units) are awarded;
• Online Games, in which withdrawal of earned funds is allowed.

Ways to get Bitcoin on an Android or iOS phone include using referral programs. But such a source of income can only be considered additional - you should not expect serious profits from it. Although the basic methods will not make you noticeably richer - compared to the usual the profit will be tens of times less.

Instructions for a beginner miner

Having figured out how to earn bitcoins at home using an Android, the smartphone owner performs the following steps:

1. Selects a cryptocurrency (Bitcoin is quite suitable for mining).
2. Registers a crypto wallet.
3. Reads reviews of applications and sites with which you plan to make a profit.
4. Downloads and installs a Bitcoin application for Android or registers on a service (including a gaming one).

Once you complete the preparation, you can earn coins. The complexity of the process depends on the option chosen. Sometimes applications for earning Satoshi require constant visiting, and in some cases they even allow you to enjoy the process.

Phone Mining Applications

In 2018, MinerGate is considered one of the most popular Bitcoin applications for iPhone and Android. The program is designed to receive Bitcoin on your phone and a number of other cryptocurrencies, from XMR to FCN. During the work process, the user receives statistics on the income received, which directly depends on the performance of the smartphone.

The list of programs is constantly updated. The most popular versions can be found on Google Play and the AppStore by searching for “Bitcoin app”. You can verify reliability and profitability using user reviews.

The disadvantage of any cryptocurrency application that works in automatic mode is the weak power to make serious profits. Therefore, they are rarely used, preferring taps. Income from the automatic program does not exceed a few rubles monthly.

Bitcoin faucets

A popular way to earn bitcoins on your Android involves using faucets - sites to receive funds on which you will have to enter a captcha or open the downloaded application. The main influence on how much bitcoins you can earn without investments is the frequency of logins to the program.

Some faucets require you to enter a certain amount into your account to start working. In most cases this is a scam. A list of popular faucets on the Internet will help you understand the possibilities of this method of earning money and not only not lose, but also earn money.

• Freebitco.in is one of the best resources that provides earnings of several thousand satoshi;
• Free Play – in it you can earn bitcoins on both iOS and Android phones by entering a captcha;
• Multiply BTC is a roulette faucet where you can get satoshi by guessing the interval of the number generated by the application;
• Freedoge.co.in is a way to earn Dogecoin cryptocurrency;
• Moonbit.co.in – a resource with the ability to withdraw 45–50 satoshi every few minutes;
• Btcclicks is one of the best sites for earning bitcoins on an iPhone (without investments), which requires viewing ads;
• Greenbitco.in – a faucet with viewing various information;
• Faucet.Bitcoinzebra – you can earn bitcoins on a phone running IOS and Android, which requires entering a captcha and provides a chance to receive a bonus (one-time doubling of profits);
• Bitvisitor – faucet for viewing sites;
• LandOfBitcoin is an application for earning bitcoins that provides earnings every 30-40 minutes.

The list changes periodically. The reasons for being included in the rating of the best are good conditions for receiving cryptocurrency and quick withdrawals. Faucets that stop paying out funds and reduce the amount of one-time income are removed from the top.

Online Games

Miners who want to earn bitcoins on an Android phone should try gaming apps. The profit from them is small, but the process is more interesting than using faucets. You can get Bitcoin on Android by playing simulators, logic and arcade games:

• Bitcoin Crush – to earn money you need to solve puzzles;
• Bitcoin Flapper is a game similar in principle to the previous one;
• Blockchain Game – speed gameplay with a good prize;
• Sarutobi is a game where the amount of time spent in it is important.

Each game requires you to reach a minimum amount to withdraw your earnings. The speed of receiving Bitcoin on a smartphone in this case depends on the player’s activity and the conditions of the application.

Other options

To receive bitcoins on iOS and Android, you can watch videos, visit websites, or write comments. For all actions you are awarded a small amount of coins. The amount of income depends on the complexity of the tasks.

By choosing such methods as how to earn bitcoins on your phone, you get a little. But there is less chance of encountering fraud compared to faucets and games.

conclusions

When starting to earn bitcoins on Android or iOS, you should be aware of the impossibility of making serious profits and the risks of encountering scammers. However, this option allows you to save on investments using a regular smartphone. And do mining anywhere. Minuses– quickly draining battery and strong heating of the smartphone.

Do you think it is possible to earn cryptocurrency on a phone, and even without investments? Or is it not worth wasting your time?