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Topic: Can bitcoins be converted into cash? - page 13. (Read 1250 times)

full member
Activity: 1232
Merit: 186
February 06, 2018, 06:51:20 PM
#70
Absolutely yes! Bitcoins and other cryptocurrencies will not remain numbers in your computer screen forever because you have the power to convert it into real cash. If you are only having btc then you can withdraw it using your Bitcoin wallet, that's all what you need but if you have altcoins, you can withdraw it using an exchange (e.g. Kraken, Buttoned, Cryptopia) or use wallets that supports altcoins such as Coinomi, MEW etc.
full member
Activity: 448
Merit: 100
Lets Go Adab
February 06, 2018, 06:50:33 PM
#69
Can bitcoins be converted into cash?

It depends on your country, some of the governments does not like cryptocurrency to flow in their area because even bitcoins is helping a lot of people but still it can be used for illegal activities just like fiat.
full member
Activity: 350
Merit: 107
February 06, 2018, 06:47:44 PM
#68
Yes of course it can. You can use exchanges like binance, bitfinex, coinbase and many more. Just try to search it into google. Here in our country, Philippines are using coins.ph which we can convert oir bitcoin to cash and use it when we needed it.
sr. member
Activity: 910
Merit: 251
February 06, 2018, 06:45:18 PM
#67
Yes, Bitcoin can be converted into cash. You should have your local wallets with you depends on the country you are residing. Bitcoin has alot of merchants around the world and it is back up by our fiat money.
jr. member
Activity: 182
Merit: 4
February 06, 2018, 06:43:51 PM
#66
Can bitcoins be converted into cash?
Yes , you can exchange Bitcoin into cash or money there is many possible ways to exchange it . Also you can use Bitcoin to buy or into something. Just be careful in exchanging Bitcoin in cash . The best thing to exchange Bitcoin into cash is to sell it or trade it in fiat exchanges like Coinbase , Bistamp , Bitfinex and many more just googling and you can find many ways to exchange it.

Yes, You can convert Bitcoin into cash using your bitcoin you can buy anything by selling or trading and converted into your currency.
member
Activity: 119
Merit: 14
February 06, 2018, 09:40:13 AM
#65
I agree with the statement. It is true that bitcoin can be converted into money. This transaction can be done by selling bitcoin on the site of Localbitcoin which is a bitcoins buying and selling market. But the seller and buyer must agree with the price set. After agreeing, the seller must release the bitcoin sold to the buyer.
jr. member
Activity: 167
Merit: 1
February 06, 2018, 09:36:38 AM
#64
Yup, it can be converted to cash. We, here in the philippines convert BTC to cash with our wallet Coins.ph via Security Bank. It depends also on your country, what country are you in? Make some research also on what banks on your country is accepting bitcoins to exchange on your currency.
member
Activity: 378
Merit: 10
February 06, 2018, 09:24:38 AM
#63
Yes, you can always convert your bitcoin to cash when you sell them. This is the advantage of bitcoin: you have full access whenever you want
member
Activity: 217
Merit: 22
February 06, 2018, 09:22:10 AM
#62
Absolutely. There are a number of ways to do this, nearly all of which are to a certain degree convoluted.

Personally I prefer to transfer them to a debit card and then I can use that to spend or withdraw as normal.

There are a bunch of bitcoin debit cards around and they all serve much the same function but remember you are still paying with a Fiat Currency such as EUR, GBP or USD.

There are a number of prepaid debit cards that can receive bitcoin as a top-up method but they are converted to the Fiat currency for use with the card.

There's also a way where you can turn bitcoins into cash right away just using a an specific wallet that is only available in my country, unfortunately. And when you converted it into cash, it will remain first in your wallet unless you cash it out but if you don't prefer cashing it out, you can make your payments through that wallet like the local utilities companies.
member
Activity: 336
Merit: 10
February 06, 2018, 05:09:45 AM
#61
Can bitcoins be converted into cash?

Yes! Just search for any fiat exchanges though they don't have same value. Or you can try asking for anyone in the forum to exchange it directly.
member
Activity: 459
Merit: 10
February 06, 2018, 04:57:38 AM
#60
That is possible. You can use fiat exchange sites like Bitfinex and Coinbase. There are 2 very reputable sites and you can switch from bitcoin to cash.
full member
Activity: 350
Merit: 100
February 06, 2018, 04:52:10 AM
#59
Yes, using fiat exchanges: Kraken, Coinbase, Bistamp, Bitfinex, Gemini and many more. If you don't want to disclose your identity to these companies, I suggest trading with individuals in the forums.
IMO it’s best not to use an exchange cause using one goes against the point of cryptocurrency
newbie
Activity: 10
Merit: 0
February 04, 2018, 11:55:12 AM
#58
Can bitcoins be converted into cash?

Yeah you can send it to an exchange which will turn it into your local currency, or whichever currency you prefer to get it transferred into. If you wish to stay anonymous you alway have the option of P2P, which entails trading directly with someone privately. Finding someone might be a little tricky, i would suggest going through the forums if that is something that interests you
legendary
Activity: 2492
Merit: 1232
February 04, 2018, 11:50:21 AM
#57
Yes , bitcoin can be converted into cash by many ways you want to choose from, in order to convert your bitcoin into cash, it depend on your country where you are. You can make use of trusted  exchange  sites like bitfines and many others. You can also trade with trusted individuals in this forum as well, however  care must be taken when with peer. Also  bitcoin is a digital currency, you can buy and sell here in my part of the country where i come from, with cash transfer directly into your bank account.
Absolutely yes, you may convert your bitcoin into cash according on which country you are from, and it depends on which country bitcoin were legal. Localbitcoins.com you may use this in your local country. Just convert from your wallet up to bank account who supported with bitcoin, peer exchange here in forum is very risky there are so many cancer people here be ware and don't take a risk if there's another way to convert your bitcoin.
member
Activity: 154
Merit: 10
February 04, 2018, 11:37:47 AM
#56
Yes , bitcoin can be converted into cash by many ways you want to choose from, in order to convert your bitcoin into cash, it depend on your country where you are. You can make use of trusted  exchange  sites like bitfines and many others. You can also trade with trusted individuals in this forum as well, however  care must be taken when with peer. Also  bitcoin is a digital currency, you can buy and sell here in my part of the country where i come from, with cash transfer directly into your bank account.
member
Activity: 116
Merit: 10
February 04, 2018, 10:50:02 AM
#55
Can bitcoins be converted into cash?
Yes you can convert your bitcoin into cash if you want to then why not, you invest or buy your bitcoin into cash then why not if you want to convert it what cash what you want to by trading into it.
sr. member
Activity: 658
Merit: 256
Freshdice.com
February 04, 2018, 10:43:50 AM
#54
Can bitcoins be converted into cash?
Yup. Bitcoin and other cryptos can be traded or converted into cash or fiat varying on the market price of a certain coin, and in your case, Bitcoin, that is currently priced at 9000 USD. This is possible through exchangers. You may also use e-wallet to convert your Bitcoin. You may also pay bills with the use of Bitcoin but that is only if Bitcoin is legal to your country.
full member
Activity: 826
Merit: 104
February 04, 2018, 10:40:49 AM
#53
yes u can make fiat from bitcoin but i think holding bitcoi is best.so no need to make fiat.
newbie
Activity: 74
Merit: 0
February 04, 2018, 10:39:44 AM
#52
of course, can be converted into cash, usually via debit debit transfers, or used to purchase goods, for every transaction that already uses this digital money
sr. member
Activity: 812
Merit: 250
February 04, 2018, 10:35:19 AM
#51
Can bitcoins be converted into cash?
yes of course, bitcoin can be converted to cash througn trading exchange. In our country we have this coins.ph wallet in which we are using that to recieve money from bitcoin that we converted to cash from a trading exchange . when our money is already in our coins.ph wallet . we can send it to our family or we can send it directly to some selected banks.

Yes it definitely can be converted into cash.  You usually store it in a digital wallet then from there you can convert it to fiat money. There are different wallets. But there are transaction fees that will be deducted from your money.  It depends on your country what wallet to use and how exactly to convert it into fiat money.  That's why many are now into bitcoin because they can earn additional  income through bitcoin.  And that's the good thing about bitcoin.
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