Info Bitcoin (BTC) Cash Outs!

Devin · Aug 30, 2022

Bitcoin (BTC) Cash Outs!

I have been working on enabling crypto cash-outs in exchange for RIF Points. Unfortunately, due to my banking situation, crypto options are limited. I have tested multiple crypto wallet platforms, and in conclusion, it is my banking that will not permit such transactions. However, I have been able to find a workaround and can now offer Bitcoin transfers in exchange for RIF Points. Regrettably, there is a 30% transaction fee on each cashout request due to Bitcoin's high transaction and withdrawal fees, but I know that this will be very useful for international members of the forum who struggle with or have no option to use and/or access PayPal.

Bitcoin cashout options are now available in the forum shop.

Please let me know what you guys think of this update.

Raja · Aug 30, 2022

The higher fee won't let users go for it. See if you can give LTC as it's fee is quite low compared to Bitcoins or Bch.

Devin · Aug 30, 2022

Raja said:
The higher fee won't let users go for it. See if you can give LTC as it's fee is quite low compared to Bitcoins or Bch.

Bitcoin is the only option.

"Unfortunately, due to my banking situation, crypto options are limited. I have tested multiple crypto wallet platforms, and in conclusion, it is my banking that will not permit such transactions. However, I have been able to find a workaround and can now offer Bitcoin transfers in exchange for RIF Points."

saoussen5765 · Aug 31, 2022

Raja said:
The higher fee won't let users go for it. See if you can give LTC as it's fee is quite low compared to Bitcoins or Bch.

You could use your deposit address of Bitcoin into Binance then trade Bitcoin with RUB then from RUB to BCH or LTC nothing is hard. There is even Uphold you receive Bitcoin for BAT then from BAT to crypto network like BCH.

cherry123 · Sep 7, 2022

Good that they are other options for withdrawal especially for international members without PayPal account

gammarays · Sep 17, 2022

Devin said:
Bitcoin (BTC) Cash Outs!

I have been working on enabling crypto cash-outs in exchange for RIF Points. Unfortunately, due to my banking situation, crypto options are limited. I have tested multiple crypto wallet platforms, and in conclusion, it is my banking that will not permit such transactions. However, I have been able to find a workaround and can now offer Bitcoin transfers in exchange for RIF Points. Regrettably, there is a 30% transaction fee on each cashout request due to Bitcoin's high transaction and withdrawal fees, but I know that this will be very useful for international members of the forum who struggle with or have no option to use and/or access PayPal.

Bitcoin cashout options are now available in the forum shop.

Please let me know what you guys think of this update.

I think there's a work around for this. Don't know how applicable it is in your location. Try to get an app wallet like trust wallet. Buy some other cheaper fees token like BCH or Tron in your CEX account and move to the wallet. Then do transfers from the wallet which is very cheap and easy.

Mikky · Sep 17, 2022

This Bitcoin option made me more active on the forum

I can't use PayPal due to country restrictions, gift cards isn't an option for me either so I'm cool with the Bitcoin option.

Bisolami · Sep 19, 2022

BC

Raja said:
The higher fee won't let users go for it. See if you can give LTC as it's fee is quite low compared to Bitcoins or Bch.

BCH has the lowest transaction fee ever. It is very good. I use it for most of my transaction

Mikky · Sep 20, 2022

Bisolami said:
BC

BCH has the lowest transaction fee ever. It is very good. I use it for most of my transaction

Yeab, BCH has the lowest transaction fee but the admin can't add it to the payout option. Reason

eldavis · Sep 21, 2022

Thanks for the effort, there would have been some issues if PayPal was the only payment method. Though Bitcoin is Abit on the high side as you have mentioned but right now it's the best option for most of us.

Bisolami · Sep 21, 2022

eldavis said:
Thanks for the effort, there would have been some issues if PayPal was the only payment method. Though Bitcoin is Abit on the high side as you have mentioned but right now it's the best option for most of us.

You're right. Crypto is the best option for people from our country.

Info Bitcoin (BTC) Cash Outs!

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