Topic: Can bitcoins be converted into cash? (Read 1204 times)
I dont think so because for that we need a fluid bitcoin knowledge allover the world and thats not gonna happen in next few decades.
Absolutely yes, bitcoin is like currency but it is in digital and you can’t hold it. There is a site that you can exchange your bitcoin to real cash a fiat like coin base. There is a fiat to bitcoin or bitcoin to fiat. You can buy bitcoin too with your real cash. Bitcoin nowadays is more accessible to the new users and for new investors. But there is always a transaction fee when it comes to exchanging your cash to bitcoin. Just be careful in exchanging because there a scammer or hackers out there.
Of course, since Fiat can be converted to BTC then there's a way also to turn BTC into fiat, have you ever hear news about people making cashout on the bank from their BTC accounts?
Not only in Philippine bitcoin can be altered into cash and most of the investor community is using profit amount after converting and this is an easy task because bitcoin can be used as currency but at limited places and outlets and every region don’t have that outlets most of them are situated in the first world countries and investors are spread all across the globe so this conversion is must to spend the money you have got form the bitcoin and many exchanges are available for this task you can google about them easily.
in my country this issue is very bitcoin sensitive so exchange tools because basically my country rejects the existence of bitcoin so it is very impossible but I really hope that if it can be practically buy goods
Of course you can, one of them is by using an online exchange service that enables quick exchange of bitcoin into cash in your country currency.
bitcoins and other cryptocurrencies can also be exchanged for local currency currency of the country.
One of the things that interests me and also maybe others are interested in bitcoin because it can be converted into cash.
But this is only for these few years. After a time of about 10-25 years we hope bitcoins would be present in a pocket of layman. Like now only technical or the students mostly know about bitcoins but a layman don’t know what it is. So we can optimize the level of acceptance of bitcoins in general community on the basis when it is available to gross root level of population. bitcoins and other cryptocurrencies can also be exchanged for local currency currency of the country.
One of the things that interests me and also maybe others are interested in bitcoin because it can be converted into cash.
Bitcoin is a currency which is used on the internet so if you can find someone who is ready to buy Bitcoins from you then you can definitely convert your Bitcoins into the cash or Bank. Generally, you can use any exchange website to find the buyers. However, always do your research in terms of transaction fees, exchange fees and any kind of other fees which you might have to pay for the entire process.
Yes bitcoin can be cashed as Fiat. You just need to take it through exchange ie livecoin and yobit exchange through coin market cap, then, it will be transferred into bank account.
Can bitcoins be converted into cash?
You mean like a fiat analogue of Bitcoin? But why would anyone do it? There's a certain amount of $21M of Bitcoins which eliminates the possibility of inflation. And if it will be cash - it can be indefinitely printed, so BTC will lose its value. And there will be no more anonymity. I like another tendency, making real money into cryptocurrencies, like Tether, but not vise versa. Cryptos are the future.
Of course it can be said that almost all exchanges offer trading bitcoin Vs USD so that whenever we can withdraw USD into our account, my currency is not USD but I am trading and withdraw USD and do not take long then USD I have received in my account.
Can bitcoins be converted into cash?
There are many exchanges that can convert BTC to USDT or another currency. In this forum you can find some people offer service trading currencies. For suggestion, i would prefer using exchanges company that can convert your BTC with big limit such as Bitstamp, Kraken, Bitfinex, etc.
Yes of course you can. To convert Bitcoin to cash, search for Bitcoin exchange, and it will allow you to exchange your Bitcoin with local currency such as dollars, euros etc.
Yes there are so lot of thing or ways you can do to convert your bitcoin into fiat currency, just visit the exchange site like and the rest of them or better still trade with individuals on this forum or on your local street or search bestchange.com to find exchanger site that will exchange and for last thing, there are huge exchange site so you'd better find more knowledge for this just study and enjoy the exchange.
actually depends on where you live a lot. It is much harder in my part of the world because coinbase etc don't deal with my country so the only available avenue here is localbitcoins which can be a pain because the prices are generally 10% lower than market value.
You can use localbitcoin if you want to receive cash and not be traceable, but it's a risk to take. There are some bad people on it. Do not hesitate to make the transaction in a public place
Can bitcoins be converted into cash?
yes of course. There are different exchangers that accept bitcoins and can easily be converted into our local. currency. That is why converting bitcoin into cash is not a problem for the users because there are lots of exchangers right now that we can use. Yes there are so many ways you can convert your bitcoin into fiat currency, you can visit some exchange site like bitfinix and the rest of them or better still trade with individuals on this forum or on your local street. You can also use escrow site like REMITA where you escrow your bitcoin and the buyer link to pay into your bank account.
It is true that there is a lot of ways for us to convert our bitcoin into cash or fiat wherever and whenever we need it. As we could see bitcoin in the form of cryptocurrency is not that acceptable on all form of transaction so converting is quite necessary for us to used it in an indirect way on transaction specifically on daily transactions.
Bitcoin, being versatile and decentralized, could be transformed into FIAT at no stress. For example in Africa, we now have lots of exchanges who exchange your bitcoin for whichever FIAT you want.
Yes, bitcoin can really converted in to cash. As a said before, it can change your financial status in just a week or month by converting your bitcoin in to cash.
If you have more stocks, you also have more chance to have a more cash by converting it to some stores that are engage in bitcoin.
If you have more stocks, you also have more chance to have a more cash by converting it to some stores that are engage in bitcoin.
Yes and to do that you must to use an exchange site you can visit bestchange.com to find exchanger site
There are so many ways to convert bitcoins into cash whether in local currency or foreign currency depending on your need.Because bitcoin is digital currency and mostly intended for electronic transaction usage that bitcoin will be converted to cash whenever we are doing cash transaction in the market. Just go or contact the exchange agent to convert bitcoin and transfer to our bank account as requested for personal use and need.
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