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RE: Hold BIX on BiBox for dividends ( new exchange)

in #crypto7 years ago

I never traded a single thing anywhere, and you can check my profile I am a complete fresher to Steemit. I came here some time ago but it didn't interest me much. A simple question, when we withdraw or upload money can we do this with VISA on Bibox and what would be a fee to do that? Thank you.

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no... to cash out into fiat you will usually need to sell whatever you have into btc, then sell that for fiat on localbitcoins.com or whatever you use. Some exchanges offer wire transfers out, but they can be a pain in the butt. There are some alternatives like getting a pre paid visa debit card & using that to shop with.... Monaco is one such card - https://mona.co/index.html Not sure if it's working yet though so dyor.

thanks for the answer! more or less that;'s true but depends on your country a lot!
I'm very interested in plutus.

Thanks for the tip on plutus, looking into that now.