How to Convert Bitcoins to cash
If you need to withdraw Bitcoins to cash, here is a simple guide on how to use an online service to convert Bitcoin to Cash. The process may vary depending on what wallet or account you want to receive the funds to. Most wallets like Paypal, Skrill, Perfect Money, etc. do not require a lot of verifications, just sign up and exchange. Several exchange services are available like Bitpay, Allcryptoswaps, and Paxful. For this guide, we will use Bitpay and Allcryptoswaps since they don’t require KYC to make an exchange.
This method on how to convert Bitcoin to cash covers all major crypto not only Bitcoin. This is an easy guide on how to cashout your recovered private key funds from our list of leaked Bitcoin private keys. If you haven’t tried yet, check our guides on how to generate Ethereum private keys, how to import recovered Bitcoin private keys, etc.
How to Withdraw Crypto to cash
In this guide, we will use Allcryptoswaps to convert Ethereum to Skrill USD. You can convert any supported pair on the website. You can exchange crypto for cash on the mobile or desktop version of the site.
- Visit allcryptoswaps.com/register and create an account. Enter your basic personal details and create an account
- Verify your email to confirm your account and country.
- Go to the homepage and select our exchange pair. If you want to convert Bitcoins to cash, select Bitcoin on the left panel and choose what wallet where want to receive funds on the right panel. eg. Paypal
- You will be provided with payment information, and deposit your crypto to the shown address to start the exchange. Fill in your account details where you want to receive funds
- Pay and confirm your transaction on the page
- Your exchange will start processing and will be completed after 2 blockchain confirmations.
Convert Bitcoins to Cash - Bitpay
Bitpay exchange offers a service to convert Bitcoins to cash. The options for this exchange are. This can be limited to first-world countries. Check the availability in your country before making it an option.
- Crypto to Bank Account
- Crypto to Credit Card
- Crypto to Debit Card
- Crypto to Paypal
- Crypto to SEPA
Convert Bitcoin To Stablecoins
If the guide to Convert Bitcoins to cash didn’t work for you, here is how to store your crypto securely without losing value over a long time. The best way to store your crypto is to convert it to stablecoins. A stablecoin is a cryptocurrency whose value is fixed to another asset, in our case the US Dollar. We convert our Bitcoins to the following stablecoins
- Tether (USDT)
- USD Coin (USDC)
- Dai (DAI)
- First Digital USD (FDUSD)
- Ethena USDe (USDe)
Now our crypto will be equivalent to the value of the US Dollar. When we want to convert Bitcoins to Cash but at a future date, we first convert to a stablecoin like USDT. On Allcyrptoswaps, you can easily exchange USDT for cash like Paypal or Skrill dollars
Secure Recovered Bitcoins
When you recover a private key or a mnemonic phrase, import it into a wallet using the guides provided by allprivatekeys. Here is how to import a Bitcoin private key. To fully secure the funds, make sure to transfer to a new non-custodial wallet of your choice. Do not keep the funds on the recovered private key, someone else might recover it like you did. When you choose a key from our list of Bitcoin private keys, make sure to do the same. You can convert to stable coins of your choice. You can also opt-in to convert Bitcoins to cash and save it in your local currency
