1. How To Get Into Bitcoin
2. How To Convert Bitcoin Into Real Money
3. How To Turn Bitcoin Into Cash
4. Turn Money Into Bitcoin
5. Is Bitcoin Real Money

Surely, you already have a balance ofaccumulated bitcoins and you are eager to learn how to turn your bitcoins intocash, to go about this, you can read theReview of Jacob Williams.

Sell bitcoin on a cryptocurrency exchange, such as Coinbase or Kraken. This is the easiest method. Active Oldest Votes. The only way to exchange Bitcoin for cash is to find someone willing to trade. In person, this can be slightly inconvenient, since verifying that the Bitcoin have been received involves waiting for confirmations from the Bitcoin network. This is true even if you exchange Bitcoin by sharing the private key to your Bitcoin address, since the recipient will still have to transfer the.

• I am going to show you many ways on how to get cash for Bitcoins investment, and actually change that digital currency into real cash, or fiat money in the bank account. In the world today, everybody is caught up one way, or the other in this cryptocurrency investment and trading thing.
• The Dogecar, in all its glory. Chris Graythen / Getty Images The next big thing. Dogecoin is a cryptocurrency, a form of digital money that, much like bitcoin, enables peer-to-peer transactions.
• Via Fiat Accepting Exchanges The easiest way is to find out fiat accepting exchanges in your.

In this article, you will be taught one ofthe methods to exchange your bitcoins for money practically andinstantaneously. This is a simple and safe way to trade bitcoin.

HowTo Exchange Bitcoins For Money

To perform the exchange, you will need tohave the following.

• balance of bitcoins of at least 5 dollars (or equivalent in othercurrencies).

• anaccount in the neteller virtual bank. It can be opened with the currency ofyour choice.

• 15 minutes to spare.

Havingthe requirements listed, you can successfully follow the 5 steps below:

1.Access Your Bitcoin Wallet And Check How Much You Want To Transfer.

The first step in exchanging your bitcoinsfor real money is to access your wallet and check your balance which is usuallyupdated every business day due to the variation in bitcoin’s quotation.

Remember that to carry out the transfer, itis necessary to have a minimum balance of 5 us dollars. Transfers with smallervalues are not accepted by neteller. After checking the balance, keep thewindow open as it will still be used in the next steps.

2.Access Your Neteller Account

After deciding how much you want to transfer,log in to your neteller account and go to the deposits tab. Among the variousoptions available, there is the option to deposit money using bitcoins. Clickthis option.

3.Enter The Amount To Be Transferred

Click on the bitcoin option, and the nextwindow to open will ask you to enter the amount that should be transferred fromyour bitcoin wallet to your neteller account. It is important to note that themaximum amount that can be transferred per day is 400 usd.

A 1% service fee is always charged on anyamount you are depositing. This is a very small amount when compared to anyother existing means of converting bitcoins into physical currencies.

4.Transfer To Neteller’s Bitcoin Wallet

This is the most important step, so pay closeattention. After confirming the value to be transferred, your browser willautomatically open another page.

This page shows the transaction’s total indollars and bitcoins, a countdown bar with the time of 15 minutes (the timeavailable to carry out the transfer), the address of the neteller bitcoinwallet to which your deposit will be sent (the small numbers and letters below“pay with bitcoin”) and a transaction reference number.

Copy the neteller wallet address and returnto your wallet page on the blockchain website. Click the “send money”tab, and fill in the amount in bitcoins and the number of the netellerportfolio as a destination. Make sure all the figures you input are correct(you have 15 minutes to do so, so there is no need to hurry). Now click“submit payment”.

Immediately you submit the payment, yourneteller will beep, reporting that the deposit was successful. Return to yourneteller account and accessing the “history” tab, you will verifythat the transaction was performed and probably should have the status“pending”. Do not worry, it takes about 5 minutes for the deposit tobe confirmed and cleared for use. Wait a bit and update the history of yourneteller account. After doing this, your deposit should appear with the status“accepted” and your balance will be updated.

5.Using The Money; The Best Part

Now that you have just converted yourbitcoins into dollars, euros, pounds or any other currency option you selected,you can now choose how you will spend your balance.

Remember that neteller provides interestingoptions such as:

 create a virtual mastercard banner, no annuity, to make purchases overthe internet (the first card is free).

 create a mastercard with the same benefits as the virtual card and withthe advantage of being able to use it in any commercial establishment (it isalso free, but freight is charged for sending the card).

 withdraw money in the atms (it is necessary to have the physical card tobe able to affect the withdrawals).

 sell your balance to others interested in acquiring foreign currency(remember to be careful when dealing with strangers).

Decide on the most convenient option andenjoy!

With neteller, turning bitcoins to real cashjust got easier and hassle-free. I bet you can’t wait to withdraw some cash.Turn your bitcoins to physical currency and get the value of real cash.

• 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:

• 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

So some of the exchanges that allow you to do so are:

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.

How To Get Into Bitcoin

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
• India
• Europe
• Australia
• China
• Japan

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

How To Convert Bitcoin Into Real Money

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 !!

How To Turn Bitcoin Into Cash

Also, If you need some direction, feel free to contact us at @themoneymongers.

Turn Money Into Bitcoin

Contents

Is Bitcoin Real Money

• Bitcoin To Cash: How & Where To Convert Bitcoin Into Cash USD, EUR, GBP
  • Conclusion: How To Convert Bitcoins to cash