As a form of digital currency, there are only bitcoins electronically, all you can see is transactional records between different addresses. If you want to convert your home to real paper dollars you can get, there is only one solution: you need to find a person or service you want to make a deal. The demand for Bitcoin's fast and simple exchange services is increasing worldwide. The exchange rate depends on the dynamics of the free market, but you can use the Coincesk PricewaterhouseCoopers index for reference.
There are 5 main ways to conduct business operations:
I ship online
This sales structure assumes that you need to interact with a potential buyer directly using a broker website to facilitate your connection for a certain fee. Basically, this method works: you must choose an appropriate financial service, create a seller account and complete the verification to start using your account. Some services can freeze bitcoins when posting a sale offer to avoid fraudulent activities. When you are paid, the website will forward your anonymous code to the buyer.
Coinbase. You can use this financial service to convert your home for free. If you wish to sell your currency, you must pay the service fee according to the method of payment you choose: 1% -2% for a US bank account. UU. , 1% for the Coinbase and USD 3.75% for PayPal.
BitBargain. For this service, the unsubscribed vendor request fees are 0.005 BTC (or 0 BTC if verified), the transaction commission is 1%. If you want to receive SMS message, you must pay 0.0003 BTC, the bank verification procedure will cost 0.02 BTC.
Shipping is offline
If you want to sell your encryption currency directly and avoid service charges or cash withdrawals, you can meet in person with a potential business partner at a coffee shop or other meeting point. Private financial services automatically detect your location and show real offers in your area.
LocalBitcoins is one of the leading services that connects buyers and sellers online and personally. You must open your homeowner's wallet, mark that you want to sell your homeowner and specify all the details necessary for your presentation (amount and location). This site allows users to evaluate each other, so you can check the potential buyer's reputation in advance. Service charge 1%.
Mycelium is another popular website that offers its help to find buyers locally. You can check the reliability of your potential partner and then discuss the time and place of your meeting using the chat option. Once you have been paid to sell your product, you must confirm the payment receipt in your account and the service will complete the transaction.
Of course, you can also find potential buyers in private cryptocurrency forums or Bitcoin conferences, but it can be very dangerous because you can not check the buyer's reputation, you can lose all your money when dealing with an unknown person.Bitcoin Cryptocurrency Cashout System To Bank Wire Account
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