Turning Bitcoin Into Real Money

Surely, you already have a balance ofaccumulated bitcoins and you are eager to learn how to turn your bitcoins intocash, to go about this, you can read theReview of Jacob Williams.

• How To Convert Bitcoin Into Dollars
• Turning Bitcoin Into Real Money
• How To Get Into Bitcoin
• Bitcoin Into Money

1. Active Oldest Votes. The only way to exchange Bitcoin for cash is to find someone willing to trade. In person, this can be slightly inconvenient, since verifying that the Bitcoin have been received involves waiting for confirmations from the Bitcoin network. This is true even if you exchange Bitcoin by sharing the private key to your Bitcoin address, since the recipient will still have to transfer the.
2. The first step in exchanging your bitcoins for real money is to access your wallet and check your balance which is usually updated every business day due to the variation in bitcoin’s quotation. Remember that to carry out the transfer, it is necessary to have a minimum balance of 5 us dollars.

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In this article, you will be taught one ofthe methods to exchange your bitcoins for money practically andinstantaneously. This is a simple and safe way to trade bitcoin.

HowTo Exchange Bitcoins For Money

To perform the exchange, you will need tohave the following.

• balance of bitcoins of at least 5 dollars (or equivalent in othercurrencies).

• anaccount in the neteller virtual bank. It can be opened with the currency ofyour choice.

• 15 minutes to spare.

Havingthe requirements listed, you can successfully follow the 5 steps below:

1.Access Your Bitcoin Wallet And Check How Much You Want To Transfer.

The first step in exchanging your bitcoinsfor real money is to access your wallet and check your balance which is usuallyupdated every business day due to the variation in bitcoin’s quotation.

Remember that to carry out the transfer, itis necessary to have a minimum balance of 5 us dollars. Transfers with smallervalues are not accepted by neteller. After checking the balance, keep thewindow open as it will still be used in the next steps.

2.Access Your Neteller Account

After deciding how much you want to transfer,log in to your neteller account and go to the deposits tab. Among the variousoptions available, there is the option to deposit money using bitcoins. Clickthis option.

3.Enter The Amount To Be Transferred

Click on the bitcoin option, and the nextwindow to open will ask you to enter the amount that should be transferred fromyour bitcoin wallet to your neteller account. It is important to note that themaximum amount that can be transferred per day is 400 usd.

A 1% service fee is always charged on anyamount you are depositing. This is a very small amount when compared to anyother existing means of converting bitcoins into physical currencies.

4.Transfer To Neteller’s Bitcoin Wallet

This is the most important step, so pay closeattention. After confirming the value to be transferred, your browser willautomatically open another page.

This page shows the transaction’s total indollars and bitcoins, a countdown bar with the time of 15 minutes (the timeavailable to carry out the transfer), the address of the neteller bitcoinwallet to which your deposit will be sent (the small numbers and letters below“pay with bitcoin”) and a transaction reference number.

Copy the neteller wallet address and returnto your wallet page on the blockchain website. Click the “send money”tab, and fill in the amount in bitcoins and the number of the netellerportfolio as a destination. Make sure all the figures you input are correct(you have 15 minutes to do so, so there is no need to hurry). Now click“submit payment”.

Immediately you submit the payment, yourneteller will beep, reporting that the deposit was successful. Return to yourneteller account and accessing the “history” tab, you will verifythat the transaction was performed and probably should have the status“pending”. Do not worry, it takes about 5 minutes for the deposit tobe confirmed and cleared for use. Wait a bit and update the history of yourneteller account. After doing this, your deposit should appear with the status“accepted” and your balance will be updated.

5.Using The Money; The Best Part

Now that you have just converted yourbitcoins into dollars, euros, pounds or any other currency option you selected,you can now choose how you will spend your balance.

Remember that neteller provides interestingoptions such as:

 create a virtual mastercard banner, no annuity, to make purchases overthe internet (the first card is free).

How To Convert Bitcoin Into Dollars

Turning Bitcoin Into Real Money

 create a mastercard with the same benefits as the virtual card and withthe advantage of being able to use it in any commercial establishment (it isalso free, but freight is charged for sending the card).

How To Get Into Bitcoin

 withdraw money in the atms (it is necessary to have the physical card tobe able to affect the withdrawals).

 sell your balance to others interested in acquiring foreign currency(remember to be careful when dealing with strangers).

Decide on the most convenient option andenjoy!

Bitcoin Into Money

With neteller, turning bitcoins to real cashjust got easier and hassle-free. I bet you can’t wait to withdraw some cash.Turn your bitcoins to physical currency and get the value of real cash.