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Topic: Can bitcoins be converted into cash? - page 2. (Read 1250 times)

jr. member
Activity: 57
Merit: 2
February 14, 2018, 06:00:12 AM
Yes, bitcoin are usually converted into cash using the different exchange platforms,although the price of bitcoin differs per  time .There are several ways to do this, but the best possible deal is putting your bitcoin for sale on a peer-to-peer exchange or marketplace and then waiting for somebody who is willing to buy your bitcoin from you at your price and for cash.
hero member
Activity: 1190
Merit: 541
February 14, 2018, 05:41:29 AM
yes there were so many ways to do that . please check in google ..one of way localbitcoin,xapo
This is the reason why people are quite relaxed with using bitcoin because they can feel it after converting it into cash or currency of their respective country. Bitcoin is easily converted by people to dollar or any other type of paper money with the help of exchanges.

Bitcoin is sold at exchanges, often to other investors or to the exchanges which pay you in cash. You can use your local exchanges as well for converting desired number of bitcoin to cash.
hero member
Activity: 2590
Merit: 644
February 14, 2018, 03:57:10 AM
Ya, in my country bitcoin can converted to cash because in my country bitcoin cannot used as a means of payment, bitcoin only limited to the commodity should not be considered a currency because if you think it as currency is illegal in my country and there are legal sanctions
That is almost the same thing that is going on the other part of the world because bitcoin is still not considered as a payment or even a currency because they are seeing risks with bitcoin and one of them is the volatility that is not enough for the investors to feel comfortable specially those people who used to invest in stock market.
newbie
Activity: 98
Merit: 0
February 14, 2018, 03:12:43 AM
Can bitcoins be converted into cash?
Yes, bitcoins can be exchanged for cash, which is an easy thing to do. You can sell the bitcoins for dollars and then exchange them for your bank card through the exchange. You can go to the bank or the ATM and take out the cash. It's so simple.
newbie
Activity: 25
Merit: 0
February 14, 2018, 03:08:03 AM
Yes, absolutely we can convert cash to bitcoin and vice versa that way we can invest from cash to bitcoin.
sr. member
Activity: 546
Merit: 250
February 14, 2018, 02:48:32 AM
Can bitcoins be converted into cash?


yes, of course you can convert with money
but there is a method you must do first before you receive local money or dollars. there are many exchanges that can convert your bitcoin into currency. so you'd better find more knowledge for your understanding.
sr. member
Activity: 756
Merit: 250
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February 14, 2018, 02:40:38 AM
Ya, in my country bitcoin can converted to cash because in my country bitcoin cannot used as a means of payment, bitcoin only limited to the commodity should not be considered a currency because if you think it as currency is illegal in my country and there are legal sanctions
member
Activity: 173
Merit: 10
February 14, 2018, 02:29:34 AM
Yes, There is one more way to cash out your bitcoins. Use an exchange service allowing you to instantly convert your digital money into dollars, euros or other currencies. You will need to choose what currency you have, its amount and what currency you want to get for it.
sr. member
Activity: 1792
Merit: 264
February 14, 2018, 01:57:46 AM
Can bitcoins be converted into cash?
Of course, most people are interested in bitcoin because bitcoin can be converted into cash through exchange sites for each country that owns it (localbitcoin). From these exchange sites, it is a great way to support bitcoin to be more popular and popular in different parts of the world and everyone can easily exchange services to benefit from the bitcoin itself.
member
Activity: 490
Merit: 10
February 12, 2018, 11:09:52 PM
Yes it can , there are several avenues of converting bitcoins to cash and cash to bitcoins. By using exchange services like coinbase, will enable you to convert bitcoins into cash onto your banks or cards. You can use the service of local exchanges too which you must locate them on localbitcoins that give you opportunity to withdraw to your local banks, mobile money and even in cash.
member
Activity: 231
Merit: 10
February 12, 2018, 11:02:03 PM
Can bitcoins be converted into cash?

Yes ofcourse! You can exchange bitcoin into fiat or cash and there's many possible ways to exchange it. You can also buy something with the use of bitcoin. But always be careful in selling bitcoin and making it cash. Find the best and most trusted ways in exchanging bitcoin into real money.
member
Activity: 826
Merit: 11
February 12, 2018, 03:19:22 PM
Yes of course your bitcoins can be converted into cash. You just need an online wallet app or even web wallet is definitely fine as long as it suits your need for converting your bitcoin into fiat money. Just like with us here in our country we have this web as well as app wallet where you can easily convert your bitcoin into Php. Blockchain app I think is very ideal to western people or to those countries that could easily use and cash out u.s dollar because you can convert your bitcoin into u.s. dollar right away.
full member
Activity: 266
Merit: 114
February 12, 2018, 02:30:24 PM
Bitcoin can definitely be converted into cash. You can either go on some exchanges and see if they offer the fiat converting service or not. Or else there is a site named localbitcoins, you can easily get your bitcoin converted to cash really fast. And you can also find some people on this bitcointalk site who'll buy your bitcoin and pay through PayPal or any other option which you might prefer.
member
Activity: 364
Merit: 10
February 12, 2018, 02:02:07 PM
Yes you can convert bitcoin into cash, convert some exchanges such as coinbase, bistamp, bitfinex etc. into cash. In other countries, according to the rules, bitcoin can be converted into cash.
member
Activity: 107
Merit: 11
February 12, 2018, 01:37:31 PM
Yes of course it can, you can exchange it by selling for the local bitcoin traders or else you have to deposit your BTC into exchanger to exchange for fiats.
full member
Activity: 644
Merit: 101
February 12, 2018, 01:10:40 PM
Can bitcoins be converted into cash?

Yes. This is why many are interested in bitcoins because it can be converted to cash where people getting extra income. Some countries have local exchanges to reduce time converting USD to their local currency (e.g. PHP in Philippines), instead BTC to USD it could go BTC to local currency. 
sr. member
Activity: 532
Merit: 250
February 12, 2018, 01:00:07 PM
Can bitcoins be converted into cash?
Actually, you can really convert your bitcoin into cash there are some wallet that can be use to convert your bitcoin into cash. On the other hand, you can some online wallet or local exchange to convert your bitcoin. Lastly, just use local exchange to convert it into cash.
newbie
Activity: 21
Merit: 0
February 12, 2018, 12:40:45 PM
 It is obvious that bitcoins can be converted into cash...bitcoin has now, been accepted largely around the globe...there are two possible outcomes. One is that we can use the money profited through bitcoin in online transactions. and if we want cash, there r many ways to convert the amount into cash which are available in the google like Coinbase, Bitfinex, Bistamp,etc...we should also the care about these conversions...we should use those sites which are highly rated and loved most by the people to minimize the chances of forgery. and this is one of the reasons people are loving bitcoin as this is user-friendly and also permits the conversion of digital currency into its monetary value...it's one of the reasons behind the popularity of bitcoin.
member
Activity: 318
Merit: 10
February 11, 2018, 11:04:33 AM
Can bitcoins be converted into cash?

Yes bitcoin can be converted to cash, you can convert it into your country's local currency, and then you can send it to your bank account.
legendary
Activity: 1386
Merit: 1001
February 11, 2018, 10:57:01 AM
Surely bitcoins can be converted into cash, that's really obvious. There are many trusted exchangers online which allow you to convert your BTC into fiat currencies with good rates. Also you can using the exchanger section of this forum to sell your bitcoins for cash.
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