Can I transfer bitcoins to my bank account?

[Asuspawer09]

Can I transfer bitcoins to my bank account?

This question or its give scenario depends on a lot of matter. First is that the banks availability to use bitcoin. We all know how bitcoin manage to be patronised nowadays. And as these time pass, there are great opportunities opened for bitcoin. So does for the banks. They are into the change making their service flexible by not just focusing on fiats. So with regards to your question, this could be possible if that bank is into bitcoin.

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[Glorypaasa]

Can I transfer bitcoins to my bank account?

In our country if you that maybe  your wallet will going to hold by banks because banks didnt know all about crypto and they hate this because this banks are from goverments goverments dont want this because they said this is a fraud only so my answer is dont !

[Zabrielle]

Bitcoin cannot be directly transfer to our personal bank or to the bank of other people. In my case if i wanted to in cash or i want to transfer it in my bank, i will convert btc to our currency through the use of digital wallet. In which you convert btc to a regular currency and once it is converted to regular currency, thats the time you can send it to your bank account. With the help of online wallet then we can transfer the money from btc to our banks.  I think this is the reason why there is a digital wallet because   online wallet is the one will receive bitcoin, also store bitcoin and can even send bitcoin to other digital wallet.

[zentdex]

I think as of now that is not possible, there are no banks i knew that accept bitcoin as a form of a deposit currency. Some banks even did not accept foreign currency and they will let you convert it to the local fiat before they could accept it. So, you need to convert your bitcoin to local fiat first before you could deposit.

[markleal]

Can I transfer bitcoins to my bank account?

Hi there Oliver A! There is no direct way you could do that without converting first the bitcoin. But there is one trading firm I knew which will could directly transfer funds to your bank account. The exchanged is named cex.io, you just need to open a free account and be verified, you can then transfer you bitcoins to them and you could sell it in the market, once in dollar it could be transfer then to your bank account or even back to your credit card. 

[Zastria]

of course can not, because banks use conventional money. bitcoin is a digital currency, if you want to put it in a bank account, you just need to exchange bitcoin with your country currency through bitcoin exchange site, then from that site you enter your account number and after bitcoin you exchange, then the money will go into account your bank

[felicanoma]

It will not be, the bank does not receive digital money and between bitcoin and the bank is not connected so before bitcoin and the bank is connected or cooperating I think it is impossible for you to transfer your bitcoin to your bank account.

[Hobo66]

Can I transfer bitcoins to my bank account?

Using skrill can be done that way, you deposit
bitcoin to your skrill and skrill convert the bitcoin to your
balance, then you can freely withdraw your funds to your bank.

[Francis Freeman]

Can I transfer bitcoins to my bank account?

No, you need to first exchange Bitcoin into fiat currencies and only then you can withdraw from the exchange to your bank account.

[delarossa]

Can, but you must exchange the bitcoin currency first into the currency used in your country, then you can start to make the disbursement in the bank in accordance with the balance that has been converted

[Ethan Becker]

I've always been a fan of LocalBitcoins.

In Australia buying and selling Bitcoins is just a matter of using their site to find a reputable vendor. Often I'd be dealing with the same vendors on a regular basis. LBC has escrow, so it's just a matter of initiating the trade, and using bank details to fund a purchase or get funded for a sale. Dealing with vendors that have the same bank usually means overnight; but trusted vendors can transfer or receive funds straight away in most instances. Of course, the rates are probably 5% in the vendor's favour, but it's worthwhile when you consider the transaction time is quick and escrow gives the transaction very low risk. I've bought and sold bitcoins thousands of times over the years and never had an issue with being scammed.

[v0rtecxz]

the bank can not accept bitcoin directly, the first thing you have to do is put your bitcoin into the digital wallet and exchange it into currency, then you can send the money you have exchanged and send to the bank account, in addition to withdrawal you can do the opposite is like a bank deposit to the stock to buy some bitcoin or buy altcoin

[procopiapao]

Based from my friends who have withdrew their bitcoin, bitcoin is cannot be transferred to your bank account directly. But you can convert it to a fiat currency first and withdraw it through transferring fiat money to a bank account.

[thenameisjay]

Can I transfer bitcoins to my bank account?

Nope. Can't do. Unless some back that I know of actually accepts bitcoins and fiat money on their ATM machines then that would be swell. But as far as I know, banks with ATM cards cannot accept or store bitcoins in their security cards due tl lack of technology and innovation.

[levvv]

No mate, you cannot transfer your bitcoin to your bank account.
But you can convert your bitcoin to the FIAT (e.g : USD) first in exchange,
Then you can transfer your FIAT to your bank account.

[vionas]

Can I transfer bitcoins to my bank account?

No, you can not transfer bitcoin to your bank account. You must change the bitcoin into the local currency of the country where you live, then you can transfer it to your bank account and enjoy the benefits of bitcoin.

[joebrook]

Can I transfer bitcoins to my bank account?

Yeah they are some exchanges that allow you to exchange your bitcoins into FIAT which they transfer into your bank account but if OP is talking about having Bitcoins in their Bank Account then it's not possible since no bank allow bitcoins.

[Dudeperfect]

Bitcoin is something that is very different from the traditional currencies and hence you cannot transfer Bitcoins in as it is form to your bank account however you can always sell your Bitcoin to someone and ask him to pay funds in your bank account. So if you have Bitcoin worth $100 then you can sell it to someone and he will send $100 in your bank account and he will be the new owner of those Bitcoins having $100 value. Now it will be his profit or loss if Bitcoin price is changing as far as Bitcoin is in his custody.

The best way is to find someone who is willing to pay you the amount in cash in exchange for Bitcoins that you are willing to encash. Now in order to find some active trader in your area, you can take the help of exchanges like localbitcoins. Otherwise, you can also use exchanges which allows you to withdraw your funds in your bank account. There must be someone who is willing to pay you cash, there might be an automatic way like exchange software or you have to go through the manual way of selling your Bitcoins to someone and asking him to send funds in your bank account or cash.

[Caesar-Giulius]

No, there is no way to transfer bitcoin directly to your bank account. First, you have to sell Bitcoin for your fiat. You can do so at coinbase, localbitcoin or paxful depending on which country you are located in.

[sunno330]

Can I transfer bitcoins to my bank account?

If your bank supports, then you have to be sure that your bank supports Bitcoin? Learn it then try it. And if you want more, you can exchange them. You will find a best source for bitcoin to cash.