Can Bitcoin be Converted into Real Money?

Investors use the crypto converter calculator to calculate the profit from transactions. Virtual money exists only online. Bitcoins and other cryptocurrencies cannot be touched, so many people think it is unrealistic to earn income with their help. But this is an erroneous opinion. Traders can sell crypto for cash and use money in real life.

Cryptocurrency withdrawal operation is a bit similar to bank transfers. We will answer the question of how to convert crypto to money. And we will also tell you the easiest way to do this.

Step-by-Step Instructions on How to Withdraw Cryptocurrency into Cash

Everyone knows that cryptocurrency cannot be touched or put into a wallet. Logically, questions arise, can you cash out bitcoins? And it’s more than realistic with:

  • virtual exchange office;
  • physical exchanger.

In the first case, you need to register. You also need to specify the account from which the cryptocurrency will be debited and the card number for crediting money. Then you need to select a currency pair and an amount. Crypto converter calculator will show how much money you will receive after the exchange. At the same time, the system calculates all commissions. And after that, you just need to confirm the operation. Then you can leave the money in your account or cash it out at the nearest ATM.

Now let’s figure out how to turn Bitcoin into cash using a physical exchanger. It’s a little easier here. You just need to come to the exchange office, transfer funds to the company’s account and get cash. This option is suitable for those who do not want to spend time searching for an exchange and registering on the portal.

How to choose an exchanger to withdraw cryptocurrency

The next question that worries users is where can I sell my bitcoins for cash. Most often, virtual exchange offices are chosen. When choosing a platform, you should pay attention to:

  • does it support your payment systems;
  • relevance of the course;
  • reviews from other users;
  • the presence of hidden fees and commissions;
  • reliability;
  • safety.

Before using the service, it is worth studying whether it has the necessary currencies and supports payment systems. It is better not to use the services of portals that offer old courses or indicate highly inflated prices.

Not all options will help you decide how to convert crypto to money. If you are looking for an excellent opportunity to transfer cryptocurrency, then it is better to use the services of WhiteBIT. It is one of the largest exchanges. You will find many currency pairs and the most current exchange rates on the site.