- Do you HODL bitcoins?
- Are you looking to cash out your bitcoins?
Well, if these questions resonate with you, then you are in the right place.
I believe some of you want to sell their bitcoins because of one of these reasons:
Select the crypto you want to sell and enter the amount you want to withdraw. Select Preview sell Sell now to complete this action. When initiating a withdrawal of a sell from your fiat wallet to your bank account, a short holding period will be placed before you can withdraw the fiat from the sell. You can also choose between three platforms, each with the same low fees and advantages, how to sell bitcoin for cash but in a different package Enter your Cash pin or use your Touch ID for security. When owning Bitcoin, at some point you could want to cash out part of your cryptocurrency to get back some cash or to withdraw some profits.
- You have now lost interest in Bitcoin.
- Or you think you have made enough returns out of your Bitcoin investment.
In any case, you just want to convert your BTC into cash either to realize profits or free up your stuck capital.
However, whatever your reason might be, I understand your stand as one might sometime feel the need for extra capital or would like to realize profits.
That’s why I think it is important to talk about the questions that come up while converting BTC into cash so that you don’t hit a road:
- How to get USD, EUR or GBP for Bitcoin?
- Where to cash out Bitcoin?
- Where to convert Bitcoin into fiat like USD, EUR, GBP, etc?
- How To Withdraw Bitcoins To Cash?
Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
How to play canadian lottery online. So some of the exchanges that allow you to do so are:
|Convert Bitcoin To Cash Services||USPs|
|Coinbase[10$ Bonus on 100$ above transaction]|
All Countries & almost all fiat pairs supported including South Africa & Nigeria
To sell BTC in-person & receive cash in any fiat currency
European Countries & almost all fiat pairs supported
|WazirX(India Only)||Convert BTC to INR|
These exchanges will help you cover most of Europe, the US, and the UK. Cashing out Bitcoin isn’t easy at it looks but for you we have found out some of the best ways through which you can convert your bitcoins into cash.
But before we get into the specifics of that, you need to decide how do you want your cash?
Do you want it in your bank account or you want the hard cash by meeting someone in person.
Or do you want to have other stuff in exchange for your bitcoins like gift cards or Amazon products from Purse.io?
For now, assuming that you want the cash in your hand or your bank account, let’s get started:
How & Where To Exchange Bitcoin For (or to) Real Cash Money Like US Dollars (USD), Pound Sterling (GBP), Euro (EUR), etc?
#1. Convert Bitcoin Into Cash Through A Fiat Supporting Exchange
It is highly likely that if you don’t have Bitcoin ATMs near you, you will be having fiat accepting Bitcoin exchanges in your country.
Using these exchanges, you can easily convert your bitcoins into cash like USD, EUR, or GBP. Of course, for this, you will be required to find such an exchange that deals in fiat and cryptocurrencies both.
You will also need to complete your KYC on such exchanges before you can exchange BTC to cash because fiat currency laws in most countries want exchanges to adhere to this policy.
Of course, I understand that I have not listed all the countries here but in reality, not all countries have such fiat linked cryptocurrency exchanges.
So for residents of those countries, I will be listing another method through which they can meet Bitcoin buyers/sellers in their country to cash out their bitcoins.
#2. Meet & Trade In-Person To Get Cash Through LocalBitcoins
For those BTC holders who have neither crypto exchanges nor Bitcoin ATMs in their country can exchange BTC for cash through LocalBitcoins.
LocalBitcoins is a peer to peer Bitcoin exchange service based out of Finland. LocalBitcoins is an escrowed service that has garnered quite a bit reputation since 2012 as the most liquid P2P Bitcoin exchange.
On LocalBitcoins you will a no-ground network of Bitcoin buyers and sellers in 16537 cities and 248 countries including your country too.
It gets better:
Through LocalBitcoins, you can meet the buyers and sellers in-person to negotiate and execute a Bitcoin trade. Moreover, when you are cashing out BTC you have a lot many options to receive your cash ( SEPA Transfer, bank deposit, PayPal, Payoneer, cash).
Getting started with LocalBitcoins is also easy as it only takes your email ID to begin with. After which you can explore the simple and intuitive UI of LocalBitcoins to filter out relevant buy/sell deals for yourself.
Note: Be sure to check the reputation of the buyer/seller before you decide to pick up a deal on LocalBitcoins and never release your bitcoins without confirming your payment receipt.
And just when I am completing this, I am realizing that there might be another category of Bitcoiners who would be thinking to cash out Bitcoin to short it and buy back when the price is lower.
For those kinds of Bitcoin users converting Bitcoin into cash might not be the ideal thing and that’s why such types of users prefer converting Bitcoin to USDT like stablecoins.
And hence I am sharing a bonus method just to do the same.
#3. Convert Bitcoin To USDT or Stablecoin like TUSD etc
Anyone who wants to cash Bitcoin and not get into KYC like things can do so by cashing out in fiat digital currencies, i.e., Stablecoins like USDT, TUSD, etc.
Here are some of the popular exchanges that will let your convert BTC to USDT or similar stablecoins:
- Binance: Supported pairs are BTC/USDT, TUSD/BTC
- BitBay: Supported pairs are XMR/BTC
- Huobi: Supported pairs are BTC/USDT
- Gate.io: Supported pairs are BTC/USDT
This method will reduce your headache of dealing with KYC and other banking problems which you might run into when trying to cash out your bitcoins through fiat linked crypto exchanges.
*****4. Bonus: Cashout Bitcoins Through A Bitcoin ATM
One of the easiest ways to convert Bitcoin to cash is through Bitcoin ATMs.
For those of you who don’t know about Bitcoin ATMs, here is a simple explanation of it:
Bitcoin ATMs are much like traditional exchanges from where you can either get cash for Bitcoin, or you can get Bitcoin for cash. This method is usually anonymous and requires you to have a Bitcoin wallet in case you are receiving Bitcoin or selling it.
A Bitcoin ATM asks you to scan its public address, and when you have transferred BTCs to that address, it splits out equivalent fiat.
For this, you first need to make sure that you have a Bitcoin ATM nearby and that you can do it through the Coin ATM Radar service.
Using Coin ATM Radar, you can find out nearby Bitcoin ATMs and check its exchange rates as well as transaction fees. For example, this Bitcoin ATM in Chicoutimi at Place du Royaume has these specs:
- ATM Type: Genesis Coin
- Direction: Fiat ⇄ Crypto
- Fees: Buy 13.0%, Sell 16.9% from BitcoinAverage Fees updated: 12 minutes ago.
- Limits: Buy: $10000/txn, Sell: $2900/txn
So this is how you can get fiat for Bitcoin through a Bitcoin ATM.
But just after writing this, I realized that not everyone would be able to find Bitcoin ATMs nearby.
That’s because there are only a few Bitcoin ATMs around the world as of now and that brings me to my next section which is a much easier way to convert BTC to fiat if you don’t have ATMs nearby you.
Conclusion: How To Convert Bitcoins to cash
These are some of the best methods that you can use to cash out your bitcoins for fiat currencies like USD, EUR, CNY, or GBP.
However, I understand that many countries are still left untouched by the methods I have listed above and to name a few such as Australia, Zimbabwe, Argentina, etc.
For these countries and other left-out countries, TheMoneyMongers plans to bring a comprehensive list of resources using which they will be able to buy/sell Bitcoin in their respective countries.
We intend to start first with first and second world countries such as listed below. After which we will finally make our way for third world countries, who actually need Bitcoin the most.
- The USA
So untill we do so, I want to leave you with answers of few frequently asked questions (FAQs) to help you relax in order to exchange your bitcoins to cash:
Q1) Can You Exchange Bitcoin for US Dollars (USD), Pound Sterling (GBP), Euro (EUR), CAD, etc?
Yes, you can very well exchange Bitcoin for various fiat currencies like USD, GBP, or EUR. There are more fiat currencies to which you can convert according to the country where you are residing.
Q2) How To Convert Bitcoins To Cash Anonymously?
This part is a bit tricky as there aren’t many services that you can use to convert BTC to cash anonymously. But you can definitely try LocalBitcoins with an alias name and identity to meet someone in person to exchange BTC to cash
So that’s all from our side in this round-up and I hope you liked this? If you did !! Do share it with your friends on social media who want to buy or sell Bitcoin !!
Note: Better than selling and cashing out your bitcoins, you can always take Bitcoin loans on your BTC holdings. Here is how you do that !!
Also, If you need some direction, feel free to contact us at @themoneymongers.
- Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
- Conclusion: How To Convert Bitcoins to cash
So, Finally you are going to cash your bitcoin and looking for the best methods to cash your bitcoins. I’m exploring the best and suitable methods for you to cash bitcoin. Our company is providing almost all the methods to cash bitcoin and other Cryptocurrency. we are the leading Exchange of Digital currency working world wide. Our happy customers represent the quality services and quick help. we are working world wide and we have all the possible options for you to cash your bitcoin, the most used method is bitcoin to paypal transfer. And we are providing the best services of transfer bitcoin to paypal, so in this blog you will find a complete guide to how to cash out bitcoin to paypal and all the other methods through which you can cash your bitcoin.
HOW TO CASH OUT
BITCOIN TO PAYPAL
How to cash out bitcoin to paypal Guide is only for our official site. We can explain how somebody can use our website to exchange Cryptocurrency. Simple environment to exchange currency is the first step to catch customer. And our first priority is customer satisfaction. We are providing simple environment to exchange bitcoin and other Cryptocurrency. The whole procedure of exchange of bitcoin with paypal is described below. Our website has a simple interface which give you an excellent user friendly service. We are providing fast exchange services of bitcoin to paypal usually exchangers take 2-4 days but we will transfer your exchanged dollars with in very short span of time.
Other Payment methods to
Cash out Bitcoin
We are offering various payment methods to cash out bitcoin and other cryptocurrency. as I have explained above about how can we convert bitcoin to paypal below here I will explain about other payment methods we are offering. Most of our customers choose to withdraw their crypto through paypal and some other internatioanl payment methods. our popular payment methods are as follow.
a huge number of our client make easy transactions of bitcoin on daily basis. Our Company is providing a simple very simple and user friendly interface with no doubt highly secure network which is very important for safe transaction.
Bitcoin To Bank Account
You can’t withdraw your bitcoin into bank account directly. But we can do. We can send your bitcoins withdrawn dollars into your bank account. Now a days bitcoin to bank account is suitable option for all the people who want to cash out bitcoin through exchanges. You can make transactions anonymously with us. Our website offers different bank option you can choose your desired bank to withdraw bitcoin to a particular bank account. You can check the list of banks available to make transaction by clicking this link.
Bitcoin To Bank Wire
Bank wire is another Good option right now for bitcoin withdraw later on you can transfer your bank wires’ credit to paypal or any other merchant. our customers using bank wire are happy with their services. you can try this option or if you think that this is not suitable for you or if you have any issues regarding this you can go for next option right there I have explained.
Bitcoin To Western Union
Western union is best option for those who are exchanging bitcoin from remote areas. western union don’t need any account or any long process it simply works with your details. western union is more trusted than any other online money transfer platform to cash out bitcoin. as it is the oldest money transfer resource on the internet.
Bitcoin To Perfect Money
If you are perfect money user and you have an account then you must go with this option because perfect money is one of the best financial services providing leading source over the internet. Perfect Money is well known for its instant payment services, and the privacy and security of perfect money is excellent. Most of online business owners are using this service to receive and send payments. perfect money brings the internet fund transfer to the ideal stage of the time.
How Do You Get Cash Out Of Bitcoin Rate
Exchange Process of Bitcoin
Click here to start the process of exchange. You will find there an exchange chart. first of all you need to enter the amount of bitcoin you want to exchange. Then our boot automatically tell you how much you will receive. In the next row there are two cells you have filled them by entering your name and your active E-mail address. After that you have to select payment method select paypal as your payment method. Put here your paypal email and click order. all you have done we will contact you soon. We are dealing with other Cryptocurrency like Ethereum, litecoin, Ripple, Dogecoin, Monero etc. The process of all the crypto exchange is same you just need to make little changes.
How Do You Get Cash Out Of Bitcoin Halving
This above blog is only explaination of how to cash out bitcoins anonymously securely with in very short time. The above explaination is only for our company and all the outgoing links are 100% trusted. The process here explained is working with our company 'bitcoinsxchanger' through which you can cash out bitcoin fast. Go with Bitcoinsxchanger.com for safe, secure and fast transactions. Cheers Guys! have fun