How to Cash in Bitcoins

So you have a few dozen bitcoins in your wallet that you need to sell for cash. Now you are wondering how to cash in bitcoins fast and easy. Sure you can spend them on pizza as well as loads of electronic gadgets via an online retailer that accepts cash in bitcoins but perhaps you are looking to cash your bitcoins into US Dollars so that you can spend that cash at McDonald’s or Starbucks or the grocery store or any brick and mortar store that does not accept bitcoins just yet.

Let’s face it, bitcoins are great and you can flip those BTC into almost any alternative coin at your favorite btc exchange like btc-e but the simple facts are bitcoin is not a widely accepted currency outside of the internet. You can’t pay your car loan or house mortgage with btc just yet. You can’t pay your cell phone bill or your credit card bill today with bitcoin. Perhaps someday you will be able to but right now you can’t, so you need to cash in your bitcoins.

Alright, so you need to find a place to cash out bitcoins. The most obvious place is one of the many alternative coin market exchanges. The process of converting bitcoins to cash at an exchange can be terribly slow but if you are not in a huge rush, it’s probably a safe method and you will sell Bitcoin for cash at a good price. We have compiled some very good websites where you can sell your Bitcoins in a timely manner.



List of Best Websites to Sell your Bitcoins


Below is a list of some of the best websites that will allow you to cash out your Bitcoins:



1- CashYourBitcoin.com is a relatively new Bitcoin exchanger, yet it is one of the best places where you can convert your Bitcoins to cash. Trades are usually completed within 30 minutes, which is very fast. At 5% rate, their exchange fee is among the lowest in the market, which is very hard to beat. Customers don’t need to provide any documents to withdraw Bitcoin into USD, EUR, GBP or any other currency. Many websites will require you to sign up for an account and provide so many personal info, which defeat the purpose of Bitcoin being an anonymous decentralized currency. Unlike those exchangers, this website requires no sign up, so you can quickly and easily
turn Bitcoin into real money. They have a minimum order of 0.3 BTC and a maximum order of 20
BTC.