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Yes, you heard it right. Unlike Fiat money, Bitcoin is actually much easy to withdraw, and you may not have to wait for days to receive your funds. All you need to do is find a service that is willing to buy your Bitcoins and in a matter of minutes.

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In theory, you will one day be able to use bitcoin for any type of purchase when it replaces fiat currencies, like U. For now, however, there are still relatively few businesses or individuals that accept payment in bitcoin. That is one reason you may want to convert your bitcoin to cash—to use the value of your bitcoin to buy actual things. Another reason is when the market is in decline.

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Be that as it may, it is still important for you to know how and when to turn bitcoin into cash. Bitcoin has performed well as a store of value and that value can transfer into many different types of assets, including fiat currencyor cash. Through your efforts and dedication, you were successful in making millions in bitcoin. Now, what are you going to do with it?

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Due to the positive crypto atmosphere, trading pesos to BTCs, buying digital coins with national currency and withdrawing cash from crypto has become a simple and fast process. How to Convert Bitcoins to Cash There are several platforms in Philippines which allow users to quickly and conveniently transform their BTCs into pesos. The company allows online shopping, paying bills, buying game credits and getting digital currencies.

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Why use Bitwala? Cutting Edge Security Your Bitwala account is a digital wallet, a bank account and a bitcoin trading platform all in one. Feel at ease with biometric data, two-factor authentication, QR coding and multi-signature technology.

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First, you will need to open an account with Coinbaselink your bank account, and make a deposit. If you need help on how to do this, view our guide here. If you have already done this, proceed to step 2! Once you have set up your account, you will need to send your Bitcoin to your Coinbase Bitcoin address!

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