Compare the rates offered by different conversion services and choose the best one. Even when the average bitcoin conversion rate improves, different conversion services offer different conversion rates. All other things being equal, you should go with the second service to get the most out of your bitcoins.
Convert your bitcoin using a service with low fees. Conversion services typically charge a fee for conversion. Sometimes there is a flat fee no matter how much you exchange, and sometimes the conversion service charges a percentage of the amount you exchange. Compare the fees associated with the various conversion services and select one that offers the best deal. There are several ways to verify that a bitcoin conversion site is safe.
One is to check reputable sources for reviews that verify the integrity of a given site. Another way is to ensure that the site the service manages uses https as opposed to the less secure http in their URL. Finally, use a conversion service that allows two-factor identification, ensuring that only you will be able to approve bitcoin conversions.
Select a service that offers low transfer times. Some sites transfer bitcoins to your account after 5 days, but faster services could convert your bitcoins to dollars in 3 days or less. Part 2. Sign up for an account. Signing up for an account involves providing your name, date of birth, address, email address, phone number, and other personal information. Select the strongest security options when you sign up. You might also want to enable a multi-signature option, which requires multiple independent approvals before making a bitcoin conversion or withdrawal.
Deposit your bitcoins in the marketplace. The specific mechanism by which you deposit your bitcoins will vary depending on how your bitcoins are currently stored. Typically, depositing your bitcoins is as easy as clicking "Deposit bitcoins" or something similar near the top of the marketplace's home page.
If your bitcoins are in a "wallet" an encrypted file or code , you might be asked to upload the file. Part 3. Convert your bitcoins when the exchange rate is favorable. Over time, exchange rates rise and fall. Wait to exchange your bitcoins until the corresponding dollar value rises.
Check the exchange rate regularly online or sign up for a service that updates you on the bitcoin-to-dollar exchange rate so you'll know when it improves. Sell your bitcoins in the marketplace. Some marketplaces allow you to sell your bitcoins to another person. Others allow you to sell them directly to the marketplace, which will then resell them to interested buyers later. In either case, the specific method you use to sell your bitcoins will vary somewhat depending on the marketplace you use.
Generally, you can simply click on "Sell your bitcoins" or some similar option to get the process started. Put your bitcoins on a debit card. Some marketplaces enable you to load your bitcoins onto a debit card that automatically converts them to dollars.
You might be able to get a digital debit card, which simply provides you with a string of numbers you can use for online purchases that require dollars, or you could get a regular debit card in the mail. Transfer your bitcoins to another digital wallet. Some bitcoin conversion services allow you to convert your bitcoins to dollars by transferring them to PayPal, Apple Pay, or similar services.
If this is the way you want to convert your bitcoins to dollars, set your payout method to the digital wallet you want to use. Then, simply sell or transfer your bitcoins to the service of your choice through the marketplace menus. Converting bitcoins to dollars by transferring them to a digital wallet often has higher fees and lower limits than transferring them to your bank account.
Like all currencies, the conversion rate for bitcoins fluctuates regularly. Run a search through your preferred search engine to determine the current conversion rate. Not Helpful 22 Helpful Not Helpful 9 Helpful Not Helpful 7 Helpful Not Helpful 50 Helpful Nishizaka Steel Company. Their service is very fast, and they require no ID.
Not Helpful 24 Helpful Include your email address to get a message when this question is answered. Helpful 1 Not Helpful 0. Bitstamp, Wirex, and Coinbase are just a few of the many services that enable you to convert bitcoins to dollars. Convert Send Charts Alerts. XBT — Bitcoin. We use the mid-market rate for our Converter. This is for informational purposes only. Check send rates. Convert Bitcoin to US Dollar. Convert US Dollar to Bitcoin. View full chart. High These are the highest points the exchange rate has been at in the last 30 and day periods.
Low These are the lowest points the exchange rate has been at in the last 30 and day periods. Average These are the average exchange rates of these two currencies for the last 30 and 90 days. Volatility These percentages show how much the exchange rate has fluctuated over the last 30 and day periods. Currency Information. More Bitcoin info. More US Dollar info. The world's most popular currency tools.
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Check send rates. Xe Live Exchange Rates Inverse. The world's most popular currency tools. Xe International Money Transfer. Send money. Xe Currency Charts. View charts. Xe Rate Alerts. Create alert. Xe Currency Tools. Historical Currency Rates. Travel Expenses Calculator. Currency Email Updates. More tools. Based on 0 reviews. Download the Xe App Check live rates, send money securely, set rate alerts, receive notifications and more.
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The average USD market price across major bitcoin exchanges. The market price is how much you can sell 1 Bitcoin (BTC) for. The supply of BTC is limited. Easily convert Bitcoin to US Dollar with our cryptocurrency converter. 1 BTC is currently worth $ CoinMarketCap's BTC to USD crypto exchange rate calculator helps you to convert prices online between two currencies in real-time.