Can bitcoins be converted into cash?

[fishball]

Can bitcoins be converted into cash?

Yes! Just search for any fiat exchanges though they don't have same value. Or you can try asking for anyone in the forum to exchange it directly.

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[megatrix]

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.

There's also a way where you can turn bitcoins into cash right away just using a an specific wallet that is only available in my country, unfortunately. And when you converted it into cash, it will remain first in your wallet unless you cash it out but if you don't prefer cashing it out, you can make your payments through that wallet like the local utilities companies.

[mitchel_am]

Yes, you can always convert your bitcoin to cash when you sell them. This is the advantage of bitcoin: you have full access whenever you want

[recsoninlight]

Yup, it can be converted to cash. We, here in the philippines convert BTC to cash with our wallet Coins.ph via Security Bank. It depends also on your country, what country are you in? Make some research also on what banks on your country is accepting bitcoins to exchange on your currency.

[Pandacomel]

I agree with the statement. It is true that bitcoin can be converted into money. This transaction can be done by selling bitcoin on the site of Localbitcoin which is a bitcoins buying and selling market. But the seller and buyer must agree with the price set. After agreeing, the seller must release the bitcoin sold to the buyer.

[19spawnfeed]

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.

Yes, You can convert Bitcoin into cash using your bitcoin you can buy anything by selling or trading and converted into your currency.

[voltesbit777]

Yes, Bitcoin can be converted into cash. You should have your local wallets with you depends on the country you are residing. Bitcoin has alot of merchants around the world and it is back up by our fiat money.

[TiffanyLien23]

Yes of course it can. You can use exchanges like binance, bitfinex, coinbase and many more. Just try to search it into google. Here in our country, Philippines are using coins.ph which we can convert oir bitcoin to cash and use it when we needed it.

[weblouartisan]

Can bitcoins be converted into cash?

It depends on your country, some of the governments does not like cryptocurrency to flow in their area because even bitcoins is helping a lot of people but still it can be used for illegal activities just like fiat.

[NavI_027]

Absolutely yes! Bitcoins and other cryptocurrencies will not remain numbers in your computer screen forever because you have the power to convert it into real cash. If you are only having btc then you can withdraw it using your Bitcoin wallet, that's all what you need but if you have altcoins, you can withdraw it using an exchange (e.g. Kraken, Buttoned, Cryptopia) or use wallets that supports altcoins such as Coinomi, MEW etc.

[decoder88]

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 .

Yes for me it can be converted into cash. In way of selling it and coverting it to merchants, into our country's local currency.  You should have your wallet with you depending on which country you live. And when you had converted it into cash that is the time you could spend it and buy things using your converted bitcoins.

[Crislyn4116]

Yes it can converted here at philippines we have a wallet that it can trade into cash. If the bitcoin is not converted into cash i dont want to earn bitcoin for now i will waste my time for this if i dont get my exchange for my hard work. I can also exchange my bitcoins in load  using my wallet. I can earn bitcoin from free so if i lose my money it cannot been said it is a scam because i do not out my personal money from this.

[Coinlover9]

Yes,you just have to sent them in your account.

[Fantastic33]

Yes you can convert bitcoin into cash. Here in philippines we have this app which is a bitcoin wallet where one of its feature is to convert btc into php and vise versa. Then you can send it on money transfer shop and then you can get your money. I dont know if the same applies in other country.

[joan26]

Can bitcoins be converted into cash?

Yes of course. Bitcoin can be converted into your own fiat, it just depends on what country are you in and what is your options available there.
You can use google to search for the right one that fits to your needs. And read some articles and review about what you are choosing to use.

[zhekinsp]

There is only wany to convert our bitcoins into cash is we need to sell our bitcoins.The easiest way to sell our bitcoin is use localbitcoins.com,other exchanges may little bit confuse for the newbies.Just login into localbitcoin and search for the traders on your country and make the trader you can convert directly into your local currency because localbitcoin is available in all the countries.

[ellabanana]

Yes you can convert your bitcoin to cash. But, there is a process for it. It's not like your withdrawing from a bank, so I would suggest that if you withdraw from cryptocurrency, you should consider the fees that will be charged also. On the other hand, I would suggest that you should trade your btc, make your coins bigger and then convert later. Don't rush things!

[shi07]

One way how to convert and cash out your bitcoins is using 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. When the transaction is completed, you can withdraw cash at ATMs using a pre-paid debit card from one of the partner services offered by the site.

[Boysen]

Bitcoin, being versatile and decentralized, could be transformed into your local currency with few worries. Like here in the Philippines, we could exchange our bitcoins into money with the use of a program that is specifically for exchange from bitcoin to Philippine Peso. Abd then we could claim our money through local banks or remittance centers depending one where we want it to be accepted. And of course it has a transaction fee.

[Vikas Bansal]

There are number of ways to convert into cash. You can use it the equivalent of bitcoin in to cash.