Ready to convert bitcoin to cash? Learn the different bitcoin cash out options, services to help you, and how to choose the best method for you. Advertiser Disclosure. Banks Editorial Team March 27, You may also like. What Is Bitcoin? Advertisement Disclosure. Product name, logo, brands, and other trademarks featured or referred to within Banks.
This site may be compensated through third party advertisers. The offers that may appear on Banks. This compensation may influence the selection, appearance, and order of appearance of the offers listed on the website. However, this compensation also facilitates the provision by Banks. The website does not include all financial services companies or all of their available product and service offerings. You can store it as a QR code, a file on a computer or anything, but you do need some special program to use those.
If you are looking for an anonymous method of converting Bitcoins to cash, you should look at www. They will even send you your payment without you needing to show any ID. Completely anonymous way of converting your Bitcoins to cash. There's Coinbase tied in with US banks, wires and withdrawals have fees but much faster to use than MtGox.
There are Robocoin ATMs now in general circulation but for traders, fees can be a problem. If you can stick with BTC you'll do fine, but converting to cash is slow and costly. One option is to circulate through arbitrage and keep trading until 'enough' margin is available to dump a stack of coins in the market by discounting. The more we use and develop BTC, the better for us all. The value is increasing rapidly in the BTC market. How else can we sell our BTC for cash? Lets keep working on this.
One final word, please be very informed before looking at Ripple. Here's some food for thought. Search ripple scam for comment No, you can't hold a bitcoin in your hand. But you can hold a wallet though Holding a wallet in your hand is holding a sheet of paper with a buch of numbers and letters which are the public and private key that refer to your wallet Actually the private key is the only one needed, with it you can generate the public one.
The accounting information is held in the blockchain spread arrown the world in thousands of computers. You don't need banks with bitcoin, your wallet is all you need and with your wallet you can buy in any store that accepts bitcoins. I don't know in lybia, but in my city there is at least one bar that accepts bitcoin, it is not easy to find stores accepting bitcoin out of the Internet, but I hope with time things will change.
But on the Internet there are many stores and the number is growing fast, where you can buy with your bitcoins. The article Bitcoin Funded Debit Cards might be useful to you. Sign up to join this community. The best answers are voted up and rise to the top. How can I change BTC into normal cash? Ask Question. Asked 9 years ago. Active 3 years, 5 months ago. Viewed k times. Improve this question. Visruth 3 3 bronze badges. Abu-Hmida Abu-Hmida 1 1 gold badge 3 3 silver badges 3 3 bronze badges.
I'm not sure exactly what you are looking for. I think the question goes something like: I am standing on my front porch and have one hundred US dollars; I want to send US dollars to someone else. How do I get dollars worth of bitcoins to send? Add a comment. Active Oldest Votes. Improve this answer. David Schwartz David Schwartz Jeremias Jeremias 1 1 silver badge 2 2 bronze badges. I really don't like using analogies sometimes. They are just confusing at times.
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