Post
Topic
Board Services
Re: I need to cash out
by
diazepam666
on 04/07/2019, 17:32:14 UTC
I bought when btc was around $4k and now it's around $12k I want to convert it back to dollars until the price drops again.  Fairly standard.  But I have been buying though Coinbase and checking their page they aren't licensed in my state (Massachusetts).  I sent my btc from my Electrum to my Coinbase account but it seems to sit there as btc in my btc wallet.  It's not a huge amount by their standards, it's my first investment 0.11945068 btc, but I guess I need to find an exchange in a hurry since the price is dropping (I think).  I thought I was all set until I went to cash out.  I sent my btc to Coinbase 24 hours ago and it just sits there.  I have a wire connection to my bank account registered with them.  I think the problem is because they aren't licensed in my state so they're not doing anything, but maybe I need to wait longer.

I am not sure how you can handle it by using the coinbase with integrating on bank account.

I suggest you one Idea if you want to sell your Bitcoin for cash, you can send the Bitcoins from your wallet to localbitcoins wallet for making cash conversion.
You can find the traders available lbc, there you can sell your Bitcoins for cash.