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Author Topic: Can bitcoins be converted into cash?  (Read 1204 times)
baho11
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February 10, 2018, 02:51:20 PM
 #201

Yes you can convert your Bitcoin into cash. Bitcoins are a purely electronic currency. Bitcoin doesn't need a bank account - your bitcoin wallet is your bank account, and you don't need any permission or paperwork to start using bitcoin. You may convert your BTC into cash through fiat exchanges like bitcoins.p, if you are living in the Philippines.
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February 10, 2018, 02:52:41 PM
 #202

It is surely can. Bitcoin can be converted into FIAT.
you just need to find the exchange that accept / trading bitcoin - FIAT.

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Xester
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February 10, 2018, 02:56:28 PM
 #203

Can bitcoins be converted into cash?


 Of course bitcoin can be converted to cash. Especially if you are a investor. You need cash to buy bitcoin. So thats mean bitcoin also can b cash.

Yes that is the main reason why many people are enjoying earning or buying bitcoins.  We are all here for the same reason that we wanted to have money.  We jist need to invest our time, money, and we should always be patient.  Millionaires because of bitcoin are risk takers and patient.
xiaohao111
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February 10, 2018, 03:06:32 PM
 #204

Can bitcoins be converted into cash?
Yes, bitcoins can be exchanged for cash. There are many ways.
 For example, you can exchange bitcoin for cash and exchange it for your bank card.
In Japan, there are special machines that can be exchanged for cash, which is so  great.
cryptovisionsignals
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February 10, 2018, 03:08:31 PM
 #205

Yeah it is possible to convert Bitcoin to Fiat currencies like USD, EUR, INR and many other currencies by means of international exchange like coinbase, poloniex, bittrex and localbitcoins(which deal with person to convert bitcoin to local currency).
FoBoT
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February 10, 2018, 03:13:38 PM
 #206

Many of which had earlier been mentioned are the exchanges that converted Bitcoins to cash for you, such as  Bistamp, Bitfinex, Gemini, Kraken and Coinbase from Dollars, Euros and so on. the local exchange in each country does this as well with interest charges. Likewise, trusted individuals can as well be useful, all depends on the condition surrounding this exchanges which varies from one country to the other.
Gringoblin67
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February 10, 2018, 03:14:44 PM
 #207

Well, you have cash before converting it to Bitcoin, so I don't see why it can't be converted back to cash?
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February 10, 2018, 03:19:45 PM
 #208

If you have account in your local exchange then of course you can convert your holdings in BTC to cash.
For example in India there are some centralised exchanges like Zebpay and Unocoin and Koinex

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February 10, 2018, 03:30:51 PM
 #209

Yes of course you can convert bitcoin into real money, and that's the reason why many have been trying to join here in the bitcoin, and especially now that bitcoin prices are rising in the market, but if not convertable bitcoin into cash, maybe no one else will work for bitcoin You can use any wallet that supports bitcoin. Remember money is very important to everyone.
Lovemae
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February 10, 2018, 03:33:03 PM
 #210

Of course, if u sell ur coin. U can withdraw it thru bitcoin machine.. then u convert it.. we now have a lot bitcoin machine..
Shiversnow
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February 10, 2018, 03:44:12 PM
 #211

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.
Yes, here in the Philippines bitcoin can be converted into cash by using the apps coins.ph it help you to convert your bitcoin into cash  easily and faster to withdraw in the select remittance center.
nicolesalv
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February 10, 2018, 03:50:49 PM
 #212

Can bitcoins be converted into cash?

Yes of course. You need to trade it and convert it into cash. In our country we have this coins.ph wallet in which we can recieve the cash  from the bitcoin that we converted.

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Ms Emi
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February 10, 2018, 03:55:54 PM
 #213

Of course, since Fiat can be converted to BTC then there's a way also to turn BTC into fiat, have you ever hear news about people making cashout on the bank from their BTC accounts?

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February 10, 2018, 03:57:44 PM
 #214

You can definitely convert your bitcoin to cash through exchangers or even through individuals. Considering the fact that the currency has not been widely used as a result of acceptance, it only has value for usage when been converted to fiat.

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The Monkey King
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February 10, 2018, 03:58:04 PM
 #215

Can bitcoins be converted into cash?

Ofcourse yes. Bitcoins can be turned into fiat money through some sites or applications you can download through your mobile phones. Example of this is the coins.ph where in you can cash in and cash out bitcoin and you can convert it into fiat money through cardless transactions and etc. Also, there are some machines whereas you can turn bitcoins into money, like what Philippines have in Makati City, they have this ATM machine that is applicable for your bitcoins.
Doni Ariyanto
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February 10, 2018, 04:06:07 PM
 #216

Of course you can, one of them is by using an online exchange service that enables quick exchange of bitcoin into cash in your country currency.
bitcoins and other cryptocurrencies can also be exchanged for local currency currency of the country.
One of the things that interests me and also maybe others are interested in bitcoin because it can be converted into cash.
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February 10, 2018, 04:10:07 PM
 #217

Can bitcoins be converted into cash?

Its funny to read this question but i will answer this too. The answer is big yes why not? Yhe main reason why there are so many exchangers in all around the world is because bitcoin and other crypto currency too can simply exchange into fiat money and also in some degital currency like paypal and also in some crypto currency like etherium etc.



                                                                                                                                             
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Crypto_Freezy
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February 10, 2018, 04:20:04 PM
 #218

Use cex.io to convert crypto currency into cash..
Glutius
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February 10, 2018, 04:25:10 PM
 #219

Of course, otherwise, how can you spend money earned with the help of bitcoin? Now with the help of crypto currency it is very difficult to pay anywhere and we can only withdraw bitcoins in Fiat.

bitfocus
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February 10, 2018, 04:26:35 PM
 #220

Yes, use exchanges to cash your Bitcoins, or you can also use these cards https://www.bitcoinmarketinsider.com/7-different-bitcoin-debit-card-services-and-fees/
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