Bitcoin Forum

Can Bitcoin be converted to Cash? If yes
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

Thank you... But suggest me one which you are having a strong faith in them

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.

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.

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.

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.

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.

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).

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.

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.

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.

Do you mean Bitcoin Cash? Is there any other form of cash these days? :)

No, I mean from Bitcoin to fiat

What country are you from? Perhaps you can use a local Bitcoin exchange to turn your Bitcoins into cash or vice versa?
If 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.)

This is what I was searching for... Thank you

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.

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.

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.

Yes, bitcoin can be converted to cash by an application called zebpay.  Zebpay application can be download from the play store which can used little space only.  Zebpay application is very good application which can convert bitcoin into their cash in which country they belong and does not take so much time it takes only one or two days for converting the bitcoin and transfer the cash directly in to bank account number without any charges.

It is of course possible to turn the bitcoin into cash. If not what would investors do with the bitcoins? there are many sites to use for this. Depending on your country, the connections you use may also vary. You can ask for help from the people around you who are dealing with bitcoin.

Get a Bitcoin debit card. You send your BTC. An hour or two later you can withdraw cash via an ATM.

It's by far the fastest and most convenient way to get cash. There's no way I could be bothered with Localbitcoins when there's that alternative.

Of course that you can convert it to fiat currency(Cash). If you want the money in your bank use Bitstamp,Kraken or other major TRUSTED exchanges. If you want the money directly in your hands go to localbitcoins or bitcoin forums in your country and make a meeting with someone who wants to buy bitcoin. ;)

While it can most certainly be converted to cash, there would have to be a significant reason for me (personally) to cash in on my digital gold!
Especially since I think if you're posting on this message board, you truly believe in its potential. 

Yes you can convert your bitcoin into cash/fiat money using localbitcoins.com website find buyer and use escrow if necessary or you are unsure with your deal, scammers are everywhere so be careful. You can also sell your bitcoin to people face to face near your place.

Of course. It is money in the first place.
There are various ways of converting it to cash. The one I use often is luno which sells the bitcoin for cash that can be transferred to your bank account.
I've also heard about coinbase and xapo but I've not tried them.

Yes, bitcoin is a digital currency and convert it into cash.

Sell it. For me i'm using localbitcoin to convert my bitcoin into cash. I can direct it into my bank account or widrawn it in different kind of moneygram exchange.

of course bitcoin can be converted to cash, it's either you use a wallet that has a built in converter, or sometimes the bank offers exchange for bitoins to cash, in my case the wallet that i am using offers instant conversion to cash.

Of course, it can be converted into cash. That is done through exchanges.

Of course bitcoin can be converted into cash. just know your preferred local bitcoin exchange.

You can sell in exchange that support your local currency.
You can also exchange with others face to face.  There are also peer to peer escrow service likes localbitcoin.

Obviously yes. Why not?You can easily convert bitcoin to your currency. You should find a trusted local trader. By selling Bitcoin, you can convert on your cash. I personally do this everyday.

It is possible to convert your Bitcoun to cash, just look for a Bitcoin exchange that will allow you to sell your Bitcoin at a reasonable price, for your preferred local currency like dollars, or euros.

Though bitcoin is a illegal currency...but it can be converted into cash...you can keep the balance into the COINBASE app...then you can convert from here to cash...

Definitely yes, here in our country Philippines, there is a wallet which ables you to convert php to Bitcoin and Bitcoin to php, they also added a cash out which makes you able to withdraw your converted bitcoin in banks and some pawnshops.

I think the safest way is to open a wallet with a cash out feature where you can directly deposit your cash in your bank account or claim it through a remittance shop/store. Yes there are fees,  but at least you're a 100% sure you'll get your cash. 

Yes bitcoin can be converted into cash. I can convert my bitcoin into cash using my bitcoin wallet named coins.ph a online wallet here in the Philippines. After that i will put my bitcoins into my atm account for me to get my bitcoin and use it to pay all of my expenses.

This is hilarious.

There is no such thing as a "cash" transfer in a bank , it will only become cash when you pick it up from the bank or an ATM.

She want cash for bitcoins, it means she wants physical notes when she sell the coins.
So no online exchange is going to do the job.

The only way you can exchange bitcoin > cash is by using localbitcoins or an ATM that supports bitcoin >cash.

LE.

Or the alternative @gentlemand  suggested

yes it can be converted in cash in countries where bitcoin is accepted. There are many ways available for that and you can also buy things and services online by bitcoin.

what he suggest is right you can also sell it to other traders or users of bitcoin so you can convert it to cash if you have a friend that need bitcoin that would be a win win situation and fast where the two of you can trade and provide the need of each other to avoid such fees and charges in certain sites where your bitcoin came from..

Yes, it can be converted to cash, but the options are currently limited. Others have mentioned how this can be done, but there is generally a waiting period of days. As cryptocurrencies become more mainstream, they will be more easily convertible to cash.

Bitcoin is a cryptocurrency that can be converted into cash. There is a ton of application or site where you can exchange your bitcoin into cash. One trusted application for me is the coins.ph, it was recommended to me by a friend. But you can also use bitcoin when buying things online.

Yes, thats the reason we are here right?

You sell your bitcoin to a global exchange company that can convert it to your local currency.

Yeah in our country we could convert through remittance firms and other banks accepting them by cashing them out in our bitcoin wallet. I mean we wouldn't be investing in bitcoin in the first if it is not convertible into cash because it would be like a country preventing the use and acceptance of bitcoin  through banning it.

Obviously. You can Convert bitcoin to Cash by selling your bitcoin.
Here are many people who are buying bitcoin you can sell your bitcoin to them by selling you can get cash through them.

Countless exchanges and websites can do this for you. Google is your friend  ;D

The purpose of investing and selling Bitcoin is to convert it into cash and use it. There are so many trading platforms that can help you convert Bitcoin or any Altcoin into cash, you can refer to on the internet.

Yes  here in Philippines by using coins. ph.there are banks to support bitcoin . Can you withdraw cardless in atm machine, and other remittence center and business establusment store.

of course that if in fiat fiat. but not in bitcoin form. maybe you should buy the original coin from bitcoin, but now the price is very expensive, and not everyone can have it.

Just convert your value on your exchanger, if you hold btc on a wallet send it on the wallet exchanger and convert, than withdraw on your bank.

Yes of course the bitcoin can be converted to fiat or cash by various wallets. I think there is a particular wallet for every country which converts your bitcoins to cash . My country has it and i do that when i find profit in the price. You should also look for the wallet which do the work for you.  

Bitcoin can be exchanged for exchanges exchanges for bitcoin cach, but it can not be converted directly into purses. 8)

Yes, it can be converted into fiat, and I'm also one of the users of this coins.pH which I truly used over a 7 months of my participation in trading bitcoin. Its a very helpful tool to me because I can convert bitcoin into cash anytime. However this coin.ph only used to convert bitcoin into our fiat but not supported to exchange directly from other kind of crypt into peso. But I didn't whatsite are suitable for traders like me came from different country.

Currently people are converting their bitcoin into cash when they feel the need, the reason is that in most of the places people do not have the opportunity to use bitcoin directly for shopping. They can only use bitcoin for shopping online, but in their local stores they are not allowed to use bitcoin for shopping there. Therefore they mostly change bitcoin into their local currency and then use the fiat for different purposes. May be in future we become able to use bitcoin directly for different purposes and do not feel the need to change it into local currency.

Of course it is, but the case is not all member of this forum are came from one country. We have different bitcoin converter into cash. Yes selling bitcoin could be one of the way to convert bitcoin into cash but of course it is hard to find a buyer which you can get along with your selling price because we know a single bitcoin is too expensive to afford.

Yes it is true that bitcoin can be converted into cash, like in my experience, i did cash out on my bitcoin wallet when i need a cash, when i clicked the word cash out it appeared the option of banks or remittance center that you wanted to cash it out and insert the amount you need and then it automatically converted into my country's currency and then cash out.

Yes there are many options available to you depending on where you live. For example i use coinbase and convert bitcoin to cash and withdrawal it when i need to by ach transfer. Another option with coinbase is using shift card for purchases.  Xapo also has a a debit card that can be used.

By selling it in any exchange. Or you mean something else?

I have no job, neither does my Husband now so we rely solely on BTC to survive so we use cards and take out cash from an ATM to survive. There are a few options now where you can convert your digital currency to cash directly through either the wallet or a debit card, so making it easier for peeps like me to earn and use that money for survival and family needs. PAYZA now accepts crypto and BITCOIN as direct deposit and you can use their debit card or bank transfer to take it out and convert to euro or usd etc.

I'd suggest you not to use localbitocins to buy/sell btc, there are a lot of scammers there. Depending on where you're from some exchanges might be better than the other. For example, some time ago Kraken had a 40$ fee for countries in Europe that aren't in EU. Go to your local language board and look for an exchange from your country or as close as possible.

For me I think the better way to change it into fiat is by selling to the exchange like coinbase, which is my most favourite exchanges. For the C2C，the localbtc is good.

Yes. I'm using coins.ph to convert bitcoins into Philippine Peso. Although there is a transaction fee, it is still convenient to use it.

Of course Bitcoin can and is regularly converted into fiat otherwise what would be the point :).  My personal preference is to use localbitcoins to change Bitcoin into fiat mainly because it seems to be the most straight forward way of doing IHMO.  I'm sure there are other ways and platforms that you can also use to convert to fiat.  But always make sure that you do due diligence to safeguard against being scammed.

You can sell Bitcoin in your local exchange. There will be many investors now wanna buy Bitcoin, you can sell to them

Bitcoin is a digital currency system it includes process are mining and trading etc , trading is a online transaction process like selling and buying it's fully online transaction with computer gpu are based on internet only and from bitcoin to invester only can change to currency sending bitcoin to local currency it's possible only to convert cash.

Yes.

Bitcoin is especially made up for that. Bitcoin is basically a commodity which can be accessed and transacted electronically only. Addition feature of Bitcoin that it can be transacted without any third party interaction, give itself more value.

Bitcoin is globally accepted digital currency which is evaluated in fiat currency. So anyone who have bitcoins, can easy en-cash with fiat currency by exchanging them on your local bitcoin exchanger.

Of course you can through several exchanges but i would suggest not to en cash them when you don't need the funds. Just keep your bitcoin and wait for a much higher price ion the future.

Actually, there are lot of ways to convert your bitcoin into fiat or cash. First, you can sell your bitcoin in some trading or exchanger where you could get cash if you sell your bitcoin. In addition to that, you can also convert it in some online wallet like online wallet.

Yes bitcoin can be converted to cash, in the part of the country i come from you actually pay cash into the account  of the  seller. This depend on the amount of bitcoin the buyer wants to buy. Mostly, awareness precede the demand for bitcoin. when interest  have been won, the rate of each bitcoin will then be negotiated, if Bitcoin is going to be bought in high number, the seller may decide to give it at less the  price,just to encourage the buyer and cash will be paid directly into the bank account of the seller, while the bitcoins will be sent into the Bitcoin Wallet of the person that paid cash for it.

Personally, I use a Debit Card that I acquired for Bitcoin called Shift Card, you use it at most stores and ATM’s it is a bit pricey but it offer you the opportunity to garner you cash directly from your Coinbase account.

You can trade bitcoin or convert it to cash. There are digital wallets online that you can use to convert bitcoin to cash like coins.ph, blockchain.info, etc.

Bitcoin can be convert to cash you exchange your Bitcoin with some people who want to buy what you are willing to sell and that is how you convert your Bitcoin to cash.

My answer is yes with ease. One can trade bitcoin on Luno ,Bittrex and so many platform, you sell out your bitcoin and get the cash paid directly to your bank account in few hours.

i use localbitcoins.com and i have never got any problems.

yes, but the real question should be...
which platform has less fee on crypto to fiat conversion.
you know all is good before seeing the conversion fee % and rates.

We all know that bitcoin can be converted to cash and people cash out all the time. Local wallets have seversl ways to cash out yout btcs. Most allow you to transfer btcs to your bank accounts in their cash equivalent. Some even cash out over the counter. There are even cardless atm transactions that you can use directly from your btc wallet

Yes, You can convert bitcoin to cash using cex.io, localbitcoins, paxful like that sites  :)

Be sure to check out TenX pay, a credit card you can pay with in your everyday life, but you load it up with bitcoin instead of your normal currency.

It's also a coin that will do well for holders :-)

At the stock exchange, sell and get cash, so there are no problems, and hunters for bitcoins are very many. Therefore, with such a price on it, it is now possible to enrich yourself very well.

localbitcoins.com would be the fastest way to convert BTC to cash.

Yes, you can easily convert Bitcoin to cash, using the exchangers the guys from Forum advised to you. However, it will be more profitable if you convert BTC into other, less popular altcoins, and only then sell them to get your money. You will lose in this case less %% during the operation.

Anytime you can covert BTC to Cash or Convert it to USD and deposit it to your ATM/wallet.

I guess people are using bitcoin because they know that they can turn it into cash. There are a lot of ways to convert bitcoin into cash and you can send it directly into your bank account.

bitcoin can be converted in cash using exchanging site like bittrex and after that you can make local wallet and withdraw it by cash in the bank. so i would say that bitcoin can convert to cash because cash can convert to bitcoin

Yes, of course

For example on such resources as localbitcoins.com (http://localbitcoins.com)

This is the exchanger where seller told their rule for selling bitcoin (like a credit cards, bank transfer, cash or other payment ways)  :)

Bitcoin can be converted into cash without that much trouble, just look out for the price of Bitcoin then trade it whenever you feel that the price is okay to trade at.

Most commonly you can sell bitcoins in trading sites. In our country, Philippines, we have our local bitcoin wallet that can convert the bitcoin to our currency easily and cash it out using ATMs

Yes, you can convert Bitcoin into cash in different modes instant. It would be converted into cash on the current value of Bitcoin on that particular day/hour.

How many btc do you have? I suggest sell some but hold more to earn mo profit. With regrds to your question you can sell it and convert it to cash. You can always use google to look for reliable bitcoin buyer

Of course you can convert it to cash.

We can sell it at an exchanger that offers BTC/cash(our main currency) pair. Then we can send those cash to our local bank account. That is what I know.

It can be converted to cash but you may also want to consider getting a Bitcoin credit card. There are quite a few on the market though as I have an investment in it I would recommend Spectrocoin.

You can sell it on sides or to private person of course view some trading sides cause nowadays noone will trust you or you won't trust anonym guy so just sell it on side.

You could just transfer them on sides or in special wallets to normal cash which could be withdraw from your bank or you can sell it to private person.

I think Bitcoin are now using as normal currency soon, so actually they could be exchange into cash not selling anymore.

You can encash it at any time by selling the Bitcoin in full or for the amount you needed.

For the few transactions(conversion to local currency) I have made, I have used Luno. And it worked seamlessly for me. I just transfer my coins there and exchange for local currency. I don't find it hard to convert my btc to cash. If btc can't be converted to cash, why then do we have to trade on it? It's very much possible to convert it.

Of course it can, if not bitcoin wont have been counted in dollars i mean its price,  thats why people are just getting some more by investing in it.

yes it can converted to cash.
you can convert it via exchanger, than it will transfer to your account bank

Nowdays you can easy convert bitcoin to cash by exchange sites. Poloniex allow you exchange your bitcoin to USD and you can withdraw USD to your bank account

Yes, there are lot of bitcoin exchange that you can change your bitcoin to cash. For example, Coins.ph which also have other services offer and many Filipinos use it nowadays. On the other side, check also which has lower exchange fee and known as legitimate.

You can sell your BTC using cex.io,skrill,payza and etc

yes, there's a lot exchange like local exchange in Philippines we have a e-wallet for covert of our Bitcoin to coins. Just explore the Bitcoin world and you will learn a lot of exchange. And explore the forum, more read.

I don't understand this question, as the majority of people who have bitcoins bought it with cash... So yes, the transaction is two-way, it's obvious...

Selling it is the only way for now, they're not legal to exchange into cash as currency to currency.

of course bitcoin can be converted to cash.
if do you have a bitcoin you can sell it on exchanges with fiat money and you transfer your money to your the bank.

ofcourse it can be.. cause bitcoin is money.. and you can make it as cash when you sell it on exchange like coinbase or localbitcoins..

After I searched for information we can converted bitcoin to cash, as you can there are many exchange that serve converted from bitcoin to cash.

Lol,  this is a international forum,  so the majority is not depend in one suggestion.  Be more specific because coins.ph is only can use in the philipines, do suggest more exchanges sites and can be use globaly.

Well , obviously all people are work hardly to get this bitcoin,  why?  Because bitcoin is a digital money, meaning you can change it into fiat or vise versa by some exchanges site or wallets like for example coinbase, coinbase is a bitcoin wallet that can be use to exchanges bitcoin to dollar currency or vise versa. There are more bitcoin exchanges wallet and site that you can convert your bitcoin into cash. You can choose from this localbitcoin,  kraken,  or your country bitcoin wallet provider for more easy use.

In my opinion, there is no need. It is a virtual currency that is easy to pay online and I see no reason why it should be transformed in this way. I think it's good now.

first transfer to some BTC to USD exchange and from there transfer to your bank account. Thats it.

What kind of question is that. Why are we here? There are many ways to convert our bitcoins to money. Exchangers like coinbase, kraken, ccex, and more. If you live here in our country there are coins.ph here. With just one click of withdrawal you can claim it at the ATM and it's very easy. You can also claim the rimmintances center Or if you have a bank account you can withdraw it there.

Of course. There are many exhangers who can exchange your btc for usd or other currency.

Any exchange it provides for a different commission. So it is only necessary to want and it would be something to change.

yes it can be converted to money, their is a platform for the exchange you transfer your bitcoin to the buy and the buyer transfer the money to your wallet it has been converted to cash. 

I usually trade them to Fiat or Paypal by using Paxful.com

bitcoin can be converted into most all major currencieswith exchange sites like localbitcoins.
there are a lot other exchanges that allow convert bitcoin to ecurrencies and local cash in your bank.

Yes you can sell it for cash, or you can go to exchanger online and sell them for fiat money and then deposit that into your bank and then you will get the cash. Fiat money means real money and only some exchangers let you do that like coin base or genesis there’s a few more