Topic: Can Bitcoin be converted to Cash? - page 6. (Read 1628 times)
You'd have to sell it on an exchange, typically to USD or EUR, the ones I've used before are Bitfinex and Coinfloor, keep in mind they both require verification and I know Bitfinex, in particular, is hard to get verified for USD withdrawals so don't sell until you know you can definitely withdraw. Other options include places like Bittylicious but exchanges are where you'll get the best rates.
Can Bitcoin be converted to Cash? If yes
How?
How?
It is very easy to convert bitcoin to cash, and usually won't cost you any additional fees( as the exchanges charge), because you are trading against other people who want to liquid their position same as you.
There is a big website who arranges in person meetings between bitcoin buyers and sellers:
localbitcoins.com
I have to warn you that some people over their are bad and may try to steal your money, so always make sure who you are dealing with and always make the transaction on a public place so the chance of getting robbed will be lowered.
If not then no one will invest. It will be just like a game credit where it can only be used for the specific game.
I only knew local bitcoins but I am also open to new cash out opinions.
Want to see some answers here.
This is the hard part for most of the investors. How do they get out after they get in. Of course that is needed.
Coinbase have country restrictions I bet others also do.
I only knew local bitcoins but I am also open to new cash out opinions.
Want to see some answers here.
This is the hard part for most of the investors. How do they get out after they get in. Of course that is needed.
Coinbase have country restrictions I bet others also do.
Can Bitcoin be converted to Cash? If yes
How?
How?
yes... By selling it.
For example on coinbase, kraken, localbitcoins, this forum,...
Here is an (incomplete) list of places where you can trade BTC, do be carefull: not all of them are trusted, not all of them convert BTC to your local FIAT, not all of them give the same conversion rate...
https://www.coingecko.com/en/coins/bitcoin/trading_exchanges#panel
Do you mean Bitcoin Cash? Is there any other form of cash these days? 
No, I mean from Bitcoin to fiatIf you're new to Bitcoin, I would not recommend LocalBitcoins, but rather a bigger trusted exchange.
You don't want to run the risk of getting scammed by someone who takes advantage because you're a new user.
Have a look at Kraken or Coinbase for example, if you don't mind giving out some form of verification (picture of passport etc.)
Do you mean Bitcoin Cash? Is there any other form of cash these days?
No, I mean from Bitcoin to fiat 
Do you mean Bitcoin Cash? Is there any other form of cash these days?
Someone answered localbitcoin above me and I think that is the one mostly used because of lack of exchanges per country.
You could use your bank account and they will deposit the money there in exchange for your bitcoin.
That is all that I knew now when it comes to making it cash.
You could put your country next time so we could look for more options which could be easier if ever there is.
In localbitcoins,not only we could use our bank account,but also we could sell bitcoins to the trader directly in person also if we don't want our transactions to be traced by government authorities for taxing purposes.You could sell your bitcoins directly to the person if you have large number of bitcoins and if not,then just you could ask them to send money to your bank account directly. You could use your bank account and they will deposit the money there in exchange for your bitcoin.
That is all that I knew now when it comes to making it cash.
You could put your country next time so we could look for more options which could be easier if ever there is.
yes you can easily change your bitcoins into cash by selling or by exchanging it with your desired money,like their are some different digital companies which perform such task and convert or exchange the bitcoins for you some of them are 7/11,coingecko etc so go for them and you will easily cash out all your bitcoins.
Can Bitcoin be converted to Cash? If yes
How?
How?
yes... By selling it.
For example on coinbase, kraken, localbitcoins, this forum,...
Here is an (incomplete) list of places where you can trade BTC, do be carefull: not all of them are trusted, not all of them convert BTC to your local FIAT, not all of them give the same conversion rate...
https://www.coingecko.com/en/coins/bitcoin/trading_exchanges#panel
This guy has a lot of ways to convert his bitcoin to fiat and I think it is beyond in your country to find ways on how to convert your bitcoin, and because bitcoin is now popular and has a great reputation now people would simply find ways in using them in good use, and just like me I am using a certain Bitcoin wallet that is only base in our country that let us withdraw our bitcoin in a certain bank and automatically convert it to Fiat money.
To convert Bitcoin into cash, look for a Bitcoin exchange that will allow you to sell your Bitcoin at a reasonable price, for your preferred local currency (such as pesos, dollars, or euros).
Can Bitcoin be converted to Cash? If yes
How?
How?
Yes, Of course. In order to use bitcoin in a different country, they are converting it to their respected currency so that they use to buy some stuff. We can't hold bitcoin by our hands so we must convert it to a cash or into a real money like paper money. Bitcoin was very usable and it helps me a lot to buy things that I need.
Someone answered localbitcoin above me and I think that is the one mostly used because of lack of exchanges per country.
You could use your bank account and they will deposit the money there in exchange for your bitcoin.
That is all that I knew now when it comes to making it cash.
You could put your country next time so we could look for more options which could be easier if ever there is.
You could use your bank account and they will deposit the money there in exchange for your bitcoin.
That is all that I knew now when it comes to making it cash.
You could put your country next time so we could look for more options which could be easier if ever there is.
We have a platform "Localbitcoins". You can sell or buy bitcoin here. You transfer you bitcoin from your wallet to localbitcoin. Find out the trustworthy traders. Start your deal and sell your bitcoin. Your fiat will be transferred to your bank account maximum in 3 to 7 minutes. The transaction would be very fast and secured.
Can Bitcoin be converted to Cash? If yes
How?
How?
Yes. Bitcoin i a legal cryptocurrency that is able to exchange into cash. There are some applications and softwares that you will able to store your Bitcoin (such as Coins.ph, Coinbase etc.) In my experience, I already cash out bitcoins through these softwares and you are able to get the cash in lhuiller stores such as (Cebuana, 7/11 etc.) But if you're trying to sell it online, This is better. Because the price is flexible and you, as a seller will able and rights to control the price depending to their offer and the price of bitcoin in market.
Can Bitcoin be converted to Cash? If yes
How?
How?
yes... By selling it.
For example on coinbase, kraken, localbitcoins, this forum,...
Here is an (incomplete) list of places where you can trade BTC, do be carefull: not all of them are trusted, not all of them convert BTC to your local FIAT, not all of them give the same conversion rate...
https://www.coingecko.com/en/coins/bitcoin/trading_exchanges#panel
I'm not really a big seller, but the other way around i did buy BTC from a guy on localbitcoins, and it went smooth. You do have to be carefull when picking a buyer, and never release the BTC from their escrow before you're 100% sure you have the cash in your hands. I'd also suggest using a non-refundable payment method, and when meeting somebody face to face: doing it in a very public place (inside a post office, next to a police station, inside a mc donalds,...)
Depending on where you live, you can also try to sell your BTC face to face by making a deal on this forum or there might also be the option to use a bitcoin atm to sell your BTC... Most of those ATM machines have a rather good reputation, but also a rather high fee.
Can Bitcoin be converted to Cash? If yes
How?
How?
yes... By selling it.
For example on coinbase, kraken, localbitcoins, this forum,...
Here is an (incomplete) list of places where you can trade BTC, do be carefull: not all of them are trusted, not all of them convert BTC to your local FIAT, not all of them give the same conversion rate...
https://www.coingecko.com/en/coins/bitcoin/trading_exchanges#panel
Can Bitcoin be converted to Cash? If yes
How?
How?
yes... By selling it.
For example on coinbase, kraken, localbitcoins, this forum,...
Here is an (incomplete) list of places where you can trade BTC, do be carefull: not all of them are trusted, not all of them convert BTC to your local FIAT, not all of them give the same conversion rate...
https://www.coingecko.com/en/coins/bitcoin/trading_exchanges#panel
Can Bitcoin be converted to Cash? If yes
How?
How?
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