Silk Road forums

Discussion => Security => Topic started by: dapj on June 19, 2012, 06:41 am

Title: Someone from the EU that can explain how to cash out coins easy and fast??
Post by: dapj on June 19, 2012, 06:41 am
I have been looking for days, but all i can find is that you have to make an account on that, one on this, and so on. And all so all the different steps + some dare to ask for your ID  ::) ::).
So if anyone from the EU OR Belgium like me can say a quick easy way then thank you. In the Usa we could have Money Packs and go to Sugar Momma :D. But if something exist like that here to let me know, but not Ukash (or is there a way to also cash it out?).
Thanks in advance people ;)
Greetttzz :)
Title: Re: Someone from the EU that can explain how to cash out coins easy and fast??
Post by: jochem on June 19, 2012, 06:57 am
I have no experience with this, but here's a method I figured should work:

- Get one of those anonymous Polish IBAN cards (or a couple, depending on how much BTC you must cash out - there's a limit on those cards). Check out SR and other hacker forums in onion land (the ones I saw on SR were overpriced).
- Sell your BTC for euro's on an exchange like Intersango (do not use the site through Tor, instead get a proxy in your country/someones wifi/prepaid 3G card/public internet). You can even automate this with the API's.
- Withdraw your euro's to your IBAN card and cash out at an ATM (use multiple, just to be safe). Because of the limit, go around 23:45 and use the ATM again after 0:00.

Although this probably won't attract much (if any) attention, I'd try to keep as anonymous as possible (wear a motor helmet at the ATM, for example).

The coupons (like money packs and Ukash) rely afaik on the fact that you're a 'store' and cash those coupons out. I dunno if European online stores can cash out money packs. I believe that Ukash got a lot stricter, which is why not many people offer BTC for Ukash anymore.

Anyway, good luck :).
Title: Re: Someone from the EU that can explain how to cash out coins easy and fast??
Post by: dapj on June 19, 2012, 07:38 am
Thx for the reply Jochem ;)
Ps : Jochem is a name well known in Europe ;D. Here in Belgium, Netherlands, Scandinavians... :D
Have a nice day!