Post
Topic
Board Bitcoin Discussion
Re: Ways to Cashout Crypto
by
DannyHamilton
on 21/11/2017, 21:24:24 UTC
As being new to the crypto currency world. I like to know how do you cash you your money?

Bitcoin IS my money

such as taking your crypto and taking it out into real money?

Bitcoin IS real money.

eg transfers to paypal?

Oh.  You mean how do I convert my real Bitcoin money into physical local currency and local currency accounts with service providers?

I generally try to avoid that as much as possible.  Why would I want to convert my real appreciating asset into some depreciating worthless government debt?

However, when I do need local currency for some reason, I typically use either Coinbase or Localbitcoins

etc. what methods suggested?

I typically use either Coinbase or Localbitcoins