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Author Topic: Can bitcoins be converted into cash?  (Read 1190 times)
Roland Black (OP)
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February 04, 2018, 10:18:16 AM
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Can bitcoins be converted into cash?
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OmegaStarScream
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February 04, 2018, 10:20:29 AM
 #2

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.

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Erik Fox
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February 04, 2018, 10:21:42 AM
 #3

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.
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February 04, 2018, 10:22:37 AM
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Yes, try localbitcoins or paxful. Both p2p exchanges.
awawo
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February 04, 2018, 10:38:11 AM
 #5

Yes there are so many ways you can convert your bitcoin into fiat currency, you can visit some exchange site like bitfinix and the rest of them or better still trade with individuals on this forum or on your local street. You can also use escrow site like REMITA where you escrow your bitcoin and the buyer link to pay into your bank account.
oppochain
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February 04, 2018, 10:41:13 AM
 #6

Can bitcoins be converted into cash?
Of course, there are many ways to convert into cash, each country's channels are not the same, you can according to their own country to exchange the relevant policies.
Amit nandal
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February 04, 2018, 10:41:20 AM
 #7

If you want to sell them in exchange for dollars or euros, you can do that. But as Bitcoins, they exist purely electronically. There are physical Bitcoins but basically, they're just the key to an electronic account printed in some form.
For example, using "localbitcoins.com" to change cash to bitcoins and vice versa, you don't need any kind of bank account at all.
bitfocus
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February 04, 2018, 10:42:06 AM
 #8

Yes, you can sell your Bitcoins to cash from exchanges, also, you can use Bitcoin Debit Cards just as you use your credit cards.
Restmand
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February 04, 2018, 10:48:23 AM
 #9

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.
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February 04, 2018, 10:49:33 AM
 #10

Yes definitely you can exchange them into case. There are lot of exchanges available on internet through which you can convert them into your country acceptable currency.

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February 04, 2018, 11:07:30 AM
 #11

yes it is, just research about the exchanger goodluck to crypto world and be an observant
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February 04, 2018, 11:15:11 AM
 #12

Yes, of course. It depends on which country you are in, I'm in China, and I usually use OKEX to cash in the French currency, which is a very easy thing to do. I also often cash in private transactions.

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February 04, 2018, 11:28:24 AM
 #13

definitely yes you can convert it into cash but it depends on you on how you manage your bitcoin either you want it to more,just invest it or if you want to earn only just focus on trading and there is alot of process to convert it into cash but in easy way.

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Brigalabdis
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February 04, 2018, 11:31:57 AM
 #14

You can do exchange it into dollars or if there has a app on your country that can withdraw or exchange by bitcoin, you can also get the money.  In Philippines, we have an app called "coin.ph" that you can exchange your bitcoin into a peso then the app that can withdraw in the only bank that can.

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February 04, 2018, 11:35:12 AM
 #15

Can bitcoins be converted into cash?
You can easily use google or any search engine just to look for your answer Wink

And yes you can exchange cryptocurrencies such as Bitcoin. there are some wallets that supports different kinds of fiat directly on to your bank account. try local Bitcoins maybe you can search if they do support your country with converting Bitcoins to cash. If not? you can trade with peers here on the forum just take caution when trading with them ask someone if they are even trusted.
htmcoin
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February 04, 2018, 11:37:40 AM
 #16

Can bitcoins be converted into cash?
Why not? Someone buys bitcoin, some buys bitcoin, and both sides agree on the price, you can convert bitcoin to cash, of course you can trade on a statutory exchange such as the bitfinix exchange website, you You can also use a bitcoin debit card. There are many ways to switch to cash to see which one you like.
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February 04, 2018, 11:55:40 AM
 #17

Yes, bitcoin can be converted into cash. We all want to know how bitcoin will be equivalented to cash so remember that google is a friend. You can use it to see the equivalent of bitcoin into cash.

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February 04, 2018, 11:59:08 AM
 #18

You can convert bitcoin into cash by sending bitcoin to your local currency exchanges. If there are no local currency then it might be difficulty for you to convert them .
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February 04, 2018, 12:01:30 PM
 #19

Can bitcoins be converted into cash?
Yes there are many exchanges where you can buy sell bitcoin through credit card. Depend upon country where u live.
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February 04, 2018, 12:06:41 PM
 #20

Can bitcoins be converted into cash?
Probably YES! Bitcoin can be converted to many exchanges on paper moneys. There are many countries that accepts bitcoin than banning it that's why bitcoin is illegible to convert other exchanges.
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