I was watching a video for coinbase.

It seemed like when you sell bitcoin to USD, that it instantly goes to your bank?

Is there any wallet that will let me convert/sell bitcoin to USD then leave it in the wallet in USD?


I also need to be able to register and do this without a bank account. I plan to open a new bank account this week, but I would like to gegt the bitcoin sent to me ASAP and have it sit in my wallet as USD until the bank account is open and ready for transfer.

For example look at bitpay.com and coinbase.com

Their exchange rates from bitcoin to USD vary by 2-3 dollars. I've looked at other sites too and they vary. BitPay seems to be lower based on the few sites that I looked at.

Then how do you transfer bitcoin to your bank account (US-based) safely?

Are the payexchangers gonna work? Can I withdrawal from those to my bank?

I want to withdrawal to my US bank, not in cash, because I am perpetually traveling outside the US and I don't have a reliable bank abroad.

Unfortunately, bitcoin is the only option I have to withdrawal on one of my online poker networks.

I have 15K total in withdrawals, 5k each time into bitcoin wallet.

Is it safe to open a new bank account, and then withdrawal the bitcoins from bitpay to my new bank account?

I read a lot of banks don't like bitcoicn and I don't want my funds to be permanently frozen.

I'm too scared to use my existing bank account in fear they close it.