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• Do you HODL bitcoins?
• Are you looking to cash out your bitcoins?

1. How To Convert Bitcoins To Cash
2. How To Convert Bitcoin To Cash In India
3. Fastest Way To Convert Bitcoin To Cash
4. Best Way To Convert Bitcoin To Cash App
5. Best Way To Convert Bitcoin To Cash

Well, if these questions resonate with you, then you are in the right place.

Conclusion: Converting Bitcoin Into Cash. These are some popular ways of converting your Bitcoins into USD or the respective fiat cash of your country. We will, very soon, be coming up with a list of country-wise options for selling and buying Bitcoins which will make your life easier when exchanging Bitcoins into cash. Original post Best Ways. Bitcoin to USD Real Time Exchange. As it is a difficult task for the residents of USA to find the best btc platform because approximately all the websites working for local population are scam, in this way our platform providing best services use reliable btc to usd converter showing the most accurate exchange results. The transaction system of our website is completely anonymous and doesn't. Best way to cash out bitcoin. There are several ways to convert Bitcoin to fiat currency. Selecting which the best way for you depends on if you want to convert bitcoins to cash anonymously. There are two general methods for converting bitcoin: on an exchange or off an exchange. Digital Currencies and Fiats. Several well-known exchange companies can convert your Bitcoin in.

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.

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

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.

Contents

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

The price of bitcoin rises and falls, and sometimes you may want to convert bitcoin into other digital currencies like Bitcoin Cash.

Bitcoin Cash is currently the #6 digital currency, with a market cap of $3 billion. As mentioned here, it emerged in 2017. The bitcoin community couldn’t agree on a solution, so the bitcoin blockchain split, and the result was a new digital currency, Bitcoin Cash.

Last November, Bitcoin Cash itself experienced a split, resulting in yet another digital currency, Bitcoin SV.

How To Convert Bitcoins To Cash

Why Buy Bitcoin Cash?

You should always do your own research before making financial/investment decisions, such as converting bitcoin to Bitcoin Cash.

Is Bitcoin Cash a better version of bitcoin?

One advantage Bitcoin Cash holds over bitcoin is lower transaction fees. High transaction fees may discourage people from spending bitcoin.

According to BitInfoCharts, the median fee for Bitcoin Cash transactions on March 31 was just $0.0006, while the median fee for bitcoin transactions was $0.299.

How To Convert Bitcoin To Cash In India

However, Bitcoin Cash has not maintained its value as well as bitcoin. The price of Bitcoin Cash (measured in BTC) has fallen from nearly 0.2 BCH/BTC in July 2017 to 0.04 BCH/BTC.

Converting Bitcoin to Bitcoin Cash

Coinbase is one of the world’s most popular bitcoin wallets. Coinbase claims over 20 million users.

Coinbase is beginner-friendly. Coinbase offers an easy way to convert between digital currencies for just a 1% transaction fee.

Bitcoin Cash has been available on Coinbase since December 2017.

Today we will convert $5 of bitcoin into $4.95 worth of Bitcoin Cash using Coinbase.

Fastest Way To Convert Bitcoin To Cash

How to Convert Bitcoin to Bitcoin Cash, Step by Step

Set up an account on Coinbase. If you don’t already have a Coinbase account, sign up for one. You will also need to add a phone number to verify your account.

You can then add fiat money by linking your bank account or debit card, and buy bitcoin if you don’t already have any.

Once you’ve signed up and bought bitcoin, tap on the screen where it says “Bitcoin.”

Next, you will see this.

Scroll down.

Tap on the blue button that says “Convert” to begin converting bitcoin to Bitcoin Cash.

Although it says “Convert BTC to another cryptocurrency for no fee”, this isn’t quite true. Coinbase may not charge you a fee, but it does charge you something called the spread.

The spread is the difference between the bid price and the ask price.

In this case, the spread is 1%.

This will be the next thing you see:

Type in the amount (in fiat currency, such as dollars or euros) of bitcoin that you want to convert.

Remember, Coinbase charges a 1% spread. So if we want to convert $5 worth of bitcoin into Bitcoin Cash, we will end up with $4.95 in BCH.

Best Way To Convert Bitcoin To Cash App

Next, tap on the blue button that says “Preview Conversion.”

Tap on “Preview Conversion”. This will show you the amount of bitcoin (BTC) you will be converting into Bitcoin Cash (BCH).

Then tap on “Convert now”.

After the trade is executed, you will receive a confirmation. It will look like this:

Best Way To Convert Bitcoin To Cash

Congratulations! You have just completed this transaction.

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