How to sell bitcoins for cash?

If I want to sell bitcoins, assuming I was successful in either buying them or selling a service or a product and accepting bitcoins instead of normal cash. How can I convert the bitcoins back to cash ?

user16886

Posted 2014-05-21T15:20:39.250

Reputation: 21

1The first obvious question to ask in response to that is to what currency would you like to convert it to? – hafnero – 2014-05-22T02:05:31.940

– Murch – 2017-07-02T22:42:56.240

Answers

Another option would be to use an exchange which can withdrawal USD/EUR (depending what you want). A good option for that is Kraken, as they have very low withdrawal and trading fees. You can trade your bitcoins to USD/EUR, and then withdrawal to your bank account. And no, I am in no way associated with Kraken, just a happy customer there

Mathias711

Posted 2014-05-21T15:20:39.250

Reputation: 1 390

You have multiple options:

I'm aware of two:

In person you can use localbitcoins

Via bank account, I think there are several companies providing that service, one of them is Coinbase

perencia

Posted 2014-05-21T15:20:39.250

Reputation: 178