Trade Gift Cards for Bitcoin

Trade Bitcoin for USD


One of the most common things that cryptocurrency newcomers want to understand is how to monetize Bitcoin or pull Bitcoin into fiat currency (USD, EUR, etc). There will come a time when you want to turn your Bitcoin into a currency issued by the government. So how do you get cash or dollars for your Bitcoin?

How to Change Bitcoin to USD or Other Fiat Currency

When you come to sell Bitcoin, you basically have 2 options. Although both have their advantages and disadvantages, both face the same challenges as the lack of mass user awareness and unclear remediation processes.

Sell ​​Bitcoin Through Exchange

The most popular way to convert Bitcoin into fiat currency is through centralized exchanges like Coinbase and Gemini. With a few users and the KYC process, required as part of account creation. This exchange lets you link your bank fund account to a withdrawal that makes the process easy and not difficult.
There are 3 sites that can turn Bitcoin into USD

First, Coinbase

So, you have your Coinbase wallet with Bitcoin and you are ready to send your funds back to your local bank account. The steps to be done are relatively easy to decide whether you want to sell or buy and you just decide how much money you want to spend and the last is what you expect after you dilute your Bitcoin.

 

Second, Gemini

Another option that is not less popular which users can buy, sell and exchange their Bitcoin in USD is Gemini. With some familiar trading features, Gemini will provide services like Coinbase that is getting cash from Bitcoin in a fairly easy way. Steps that must be done is preparing to sell your Bitcoin, get the value of USD for your Bitcoin and prepare yourself to remove it on a connected bank account.
Third, LocalBitcoins.com                                                   

For those of you who are looking for a site to trade your Bitcoin into a physical form directly, the LocalBitcoins site might be able to provide a solution. LocalBitcoins is a personal trading site where one can post their own bids to buy and sell Bitcoins to USD or other local currency.

Not only without identity verification, there are many great opportunities depending on how much you want to buy Bitcoin and how many other buyers are in the area. This can create the ability to sell your Bitcoin at above market prices.
The steps you should take is to find or post your deal, start trading, and finally complete your transaction.

Conclusion:

As Bitcoin and crypto currencies are growing in popularity, more services available online help users get their bitcoins or exchange their bitcoins in USD or other currency forms in an effective and fast way.
Although the main focus is how to get Bitcoin. It's still important for you to understand the choice of when is the best time to take your Bitcoin and what's the best way to do it. Be wise trader and Bitcoin user.

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