Post
Topic
Board Beginners & Help
Re: I want to store bitcoin in USD without transferring to my bank?
by
CanIHazBitcoin777
on 08/10/2015, 18:01:53 UTC
I was watching a video for coinbase.

It seemed like when you sell bitcoin to USD, that it instantly goes to your bank?

Is there any wallet that will let me convert/sell bitcoin to USD then leave it in the wallet in USD?


I also need to be able to register and do this without a bank account. I plan to open a new bank account this week, but I would like to gegt the bitcoin sent to me ASAP and have it sit in my wallet as USD until the bank account is open and ready for transfer.

You can use Payza, it accept Bitcoin and you can from your Payza account exchange your BTC to USD in your wallet on Payza.

They are pretty new, not that established, but definitely better than paypal and with less restrictions.

It seems like old companies always fuck up in innovation. I`d use them.

Maybe so but if OP wants to store USD online, i don't think Payza is it. In term for safety, Paypal might be better, but in truth i think this simply should not be done. Buy gold and hide it pirate-style 6 feets bellow in your garden or something.

On the upside, if Fiat ever break down, Gold will still be worthwhile.

Haha, gold can be stolen too, not very good

Bitcoin & land is pretty good. A land is always yours, while bitcoin too, good stores of value.