How do i convert bitcoin into usd cash?

[BlackFor3st]

It will be good if you will start searching in your country first like check your country first if there is a local exchange that is available as it is the
easiest way to convert your crypto into USD or to your local currencies.

But if there is no available then your other option is to trade your crypto personally like you will go to your local section and ask there if there are someone
who are willing to exchange your crypto into USD or to your local fiat then you will just give them a good exchange ratio like 8:10 so you can easily find someone to make an offer with you.

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[TedMosby]

So you just want to convert it to usd and make it as a proof?
You dont need to do it.
Show your mom videos about bitcoin from well known news media channels.
It would make her thinks that bitcoin is a legit thing.
And then let her know about bitcoin.
Final step, show her bitcoin success story video.

But if you still want to convert it,
Just search on facebook, a bitcoin local enthusiast group.
Please be selective on finding it.

[Nhor1011]

I didn't expect that in some places is still difficult to convert bitcoin into cash. In my country it so easy to convert bitcoin into our fiat money ,no hassle in just a second. I think local bitcoin exchange will be the easiest way to exchange in other country but still it depends on their place.

[fiulpro]

Hi , where are you from and what wallet are you using ?
If you are using a wallet which is offline and at the same time works as an exchange platform, you can get very good price.
Even if that's impossible you can go to local bitcoins, make sure to trust sites which are asking for your ID.
I don't think you should actually use other methods, using your ID won't be problematic and it will get you better price.
You can do person to person transactions but I do think for that you can even ask your friends, someone will for sure want some BTC .
But right now I do think you should hold for the moment!!!
The price is going to go up really soon , it was down a little but you will make profits in some upcoming days or weeks .

[traderethereum]

The question does not have detail, so we only guess where he comes from, and without he comes back here again, we are still guessing without knowing what he wants.
But the best thing the @OP can do is find local sellers from his country, ask him or them if he wants to sell his bitcoin, but he needs them to give the money in front of him because he doesn't have a bank account.
Even if his country prohibits people from using bitcoin, by doing a little research on social media or making offers on his social media, I am sure he can find that local sellers.
Don't use the website to sell your bitcoin because you don't meet the sellers, which can be too risky if you can not find legit sellers.

[ultrloa]

i dont have a bank account or could show an i.d

and my mom thinks im dumb for owning "digital currency"

i just need to convert a couple hundred into cash so i can have the $ in my hand for proof

can anyone show me any methods?


has anyone one found a random seller on ebay selling $100 dollar bills, for like $120 for no apparent reason

i could how so ever buy ebay gift cards with it if someone was selling such item

Better to put the country which you currently residing in since each country have a different options on where you can cash out your Bitcoins into cash.

I hope this article can help you https://news.bitcoin.com/how-to-quickly-cash-out-from-crypto-to-fiat/#:~:text=If%20you%20want%20to%20cash,can%20withdraw%20from%20an%20ATM.

But if the case not for sure the other suggestion of the users here will work since provably they try it.

[djefes]

How did you buy cryptocurrency if you dont have a bank account. You can cash out same way. Post is so stupid

[Taskford]

How did you buy cryptocurrency if you dont have a bank account. You can cash out same way. Post is so stupid

If he's a high rank member then I will call him stupid for asking such question but he's newbie which possibly don't know much on how to sell his crypto to fiat and if you know something better to post it here since you can possibly help the other newbies who can read this post.

Just have patience since provably in future they will learn about those things.

Also OP there's an article on paxful which can help you on your questions

Read this Cashout using western union

[CryptocurencyKing]

Owning an account of your own or buying gift cards seems like your best option but again, the gift card is a question of trust by the way, as to the credibility of the person or platform your buying from and also, the person you hope to sell it to in order to get it's fiat equivalent. It's rather way too much work and search to me. Another option would have been creating the awareness on your local board and depending on either you get a response, an agreement can be reached to commence transaction but, you not owning an account entails physical contact in a forum where anonymity is a priority.

In my opinion, you really don't need to prove anything to anyone except, it's become a lump on your chest that you just need to do away with it but then, to better handle the situation, get an ID and open an account. It saves you the stress of future search and withdrawal.

[pornflixandchill]

NEVER use paxful!!! their customer support is trash! Please look at their trustpilot and app review.

No ID is required will invite lots of scammers... i'm done with that site!

Even with ID there are some idiots who will try to scam, but they will cancel the trade before moderators come.

And the moderator does not exist too! if there are any disputes, good luck! Funds will be frozen more than 1 day.
If the buyer is cooperative, they will cancel the trade, but if he does not want, then your funds will be stuck until moderators come!

ALL failed trades for me.

[JeromeTash]

-snip-

I have never used Paxful but based on a number of previous complaints. There are many of them. Some could be due to paxful while other are due to trader's negligence When it comes to money, you have to read each and every instruction and keep your eyes peeled. Never release your bitcoins unless you have confirmed that you have the money sent to you by the other trader and there is no option for chargeback.

[Josefjix]

If you use PayPal we are working on a way to convert BTC ( other crypto's ) into cash and send it to your Paypal account instantly. We'll be open shortly. The links mention will work too.

It's better to convince your mom about bitcoin. Tell her how it works and how to make a profit.
Your mom will surely like it and she'll invest too. First, show her your bitcoin and all the transaction history.
You don't need to withdraw your money it can be the effect on supply and demand.
If you sell your coins the demand pay decrease. Hope you understand what I am trying to say.

It is not that easy convince someone in buying Bitcoin except they have a pressing payment gateway issue and Bitcoin could be the only way to help them out. There are other processes to sell Bitcoin to fiat in the USA. Coinbase has that all he has to do is to do a KYC and trade seamlessly.

[pornflixandchill]

-snip-

I have never used Paxful but based on a number of previous complaints. There are many of them. Some could be due to paxful while other are due to trader's negligence When it comes to money, you have to read each and every instruction and keep your eyes peeled. Never release your bitcoins unless you have confirmed that you have the money sent to you by the other trader and there is no option for chargeback.

Peer-to-peer platform like localcryptos.com will be better option. No kyc require there.

Why people think no kyc is good? Sometimes things like this we need KYC really, to get rid of scammers.
Unless there is a way to get rid of idiots wasting time on P2P platform without KYC.

I already used Paxful, really horrible experience! Scammers will act as moderators...
Worst part is, if they are a buyer, they won't cancel the trade. Funds will be stuck inside.
To withdraw USDT from paxful cost a freaking $7!!
And if you convert from BTC to USDT or vice versa, their exchange fees already eat up lots of the profit!

Those that don't believe, please go ahead and try paxful.

Not sure about localcryptos, i prefer localbtc, but it only accepts btc.

[PonZZ]

I'm not sure if I understand you correctly. You need to cash out your Bitcoin to show your mom that you really own some money, right? Just use any exchange to sell your coins. I'd recommend you Paxful or Coinmama.

[flintstonee]

How did you buy cryptocurrency if you dont have a bank account. You can cash out same way. Post is so stupid

If he's a high rank member then I will call him stupid for asking such question but he's newbie which possibly don't know much on how to sell his crypto to fiat and if you know something better to post it here since you can possibly help the other newbies who can read this post.

Just have patience since provably in future they will learn about those things.

Also OP there's an article on paxful which can help you on your questions

Read this Cashout using western union

I gamble for hours on the $1 black jack tables on this gambling website

The only way I can get paid is in bitcoin

But I already found out how to convert my bitcoins through this atm in my town, i cashed out $800 usd and they charged me $890 in bitcoin currency

Thanks for all the help guys I really appreciate it

[Miaallen]

You don't have to bother yourself too much about this. It your mom your want to make a proof for. Why don't you just sign up to binance in her name, let her pass the KYC, then you send some units of BTC to her account. Sell the coin for USDC or USDT and make a fiat currency withdrawal into her bank account. She doesn't need any proof beyond that.

[plast555]

LBC and Paxful offered personal trading in the past but they are not offering this anymore.Literally you need ID for any kind other payment modes like western Union.

You can ask people on your localboard to meet you in personal and complete trades but its unlikely to happen as well, better use someone's bank account and convert your cryptos into fiat on peer to peer trading platforms.

LocalBitcoins and Paxful are still offering their services. how can you say they are not offering anymore? because I've just checked their websites. they are running and trading is still going on. and localbitcoin is the most trusted Peer 2 Peer Bitcoin Buy selling Site in the web. Paxful is a good site too.
there is only one problem. these 2 sites would also require ID verification. it's very hard to stay anonymous and stay safe at the same time. if you want to use a legit website and avoid any kind  of risks. you have to prove your identity. and if you want to stay anonymous and want to sell your bitcoins without knowing the other person. then you have to face the risks of getting scammed.

[imstillthebest]

no one . literally no one  , suggested a paypal to this guy ? okay i understand , few people have know that paypal now partners with crypto  . you know what that means

your mom must be so smart to call you a dumb but your mom do own a paypal ?  she will understand after she saw crypto sticking on them and she will ask for forgiveness and ask for help on how these thing work further .

but you dont need to convert them to cash to show people that its legit . whats written on the wallet is what is your balance ,  dont change for others kid

[tarek4545]

Hey mate,  you can convert your bitcoin to cash in paypal for usa people or you can convert your bitcoin to usd than you can withdraw your money at perfect money.

[JeromeTash]

Why people think no kyc is good? Sometimes things like this we need KYC really, to get rid of scammers.
Unless there is a way to get rid of idiots wasting time on P2P platform without KYC.

Who tells you KYC gets rid of scammers? They can use fake IDs and documents and still use the platform.
Are you trying to tell us there are no scammers on localbitcoins?

One of the biggest dangers of KYC is your documents get leaked to the public once the platform gets compromised. I will resonate this again, when using such p2p platforms, keep your eyes peeled. The assets you are trying to trade are your responsibility. Don't expect anybody to safeguard them for you.