How To Convert Bitcoin to USD? How to sell Bitcoin for PayPal?
It is a decentralized digital or crypto currency. It works without any central bank. bitcoin was started 11 years ago. The supply limit of bitcoin is 21 million BTC.
How to Turn Bitcoin into US Dollar?
Is there any method or a way to convert the bitcoin to USD? The answer is “yes”.
There are several ways to turn how to withdraw money from bitcoin into USD and these are really simple and easy ways. These methods are different from one another. Some of these methods are given below.
1- Fiat Accepting Exchanges:-
This is very simple way to convert bitcoin to USD. Make sure that there should be fiat accepting exchanges in the country. You just need to go to the exchange and sell the bitcoin and get USD easily. There are some exchanges are mentioned below
CoinMama:- it deals with US dollar and Euros. It means if you have bitcoin and you want to sell bitcoin in CoinMama Exchange, they will offer USD or Euros in exchange.
CoinBase:- it is also an Exchange which deals with USD and Euro.
BitFlyer:- this Exchange offers USD and JPY against Bitcoin.
These exchanges do not work in every country. So it is hard to find these exchanges in every place.
2- LocalBitcoin:-
localBitcoin has been operating since 2012 and it is based in Finland. LocalBitcoin has a wide range. USD to btc converter has a large number of sellers and buyers in many cities of many countries. So there are very good chances that you can have a buyer in your country.
The advantage of LocalBitcoin is that you can deal with the buyer directly. Seller can meet buyer and make a deal. It is up to you that either you can deal with cash or write the payment. There can be so many other options while you are dealing with the buyer.
How to Sell Bitcoin For PayPal
There are many methods to get payment via Paypal while selling your bitcoin.
These are the platforms worth to use:
CoinBase
This is very famous but limited ranged exchange. It is based in America. And it has buyers and sellers from all around the world. People who live in Europe and Australia also use this plateform. You can withdraw money via PayPal. If this feature is supported in your area you can connect PayPal account to CoinBase account and make a deal in your best interest. The working regions are located in America, Canada and Europe. If you don’t find the CoinBase options in your region then don’t worry, there are some more options you have.
PaxFul
It is a website which gives you advantage to sell your digital currency for PayPal to buyers. Many interested buyers visit this exchange website and make deals. The use of paxFul to Paypal feature is so much simple. You just need to register and create an account so that you can use the PayPal medium. It is a really popular and simple way to get your funds via PayPal.
Bitpanda
Bitpanda is another marketplace where you can sell bitcoin. The use of selling bitcoins for usd is not different to paxFul and CoinBase. It has wider region to be operated. It has been operating in many regions of Europe. And its range is wider than CoinBase. That’s why it is really popular method.
Everyone wants to keep bitcoin because it has some extraordinary advantages. Everything in the world has pros and cons. Keep in mind that if you want to sell bitcoin to PayPal, it is an expensive way to sell. The cost depends on the area in which you want to deal. You have to pay some fees to sell your bitcoin. And as we see above, there are really easy methods for selling bitcoin but the methods have some limitations like the exchanges operate in some specific regions. Besides that, these methods are simple and easy. Everyone who has simple knowledge of computer and internet can perform these methods easily.
