Even though Bitcoin transactions aren’t nearly as anonymous as everyone hoped, there are still several ways how you can convert your Bitcoin funds to USD cash while keeping your identity hidden to a considerable extent.

1. Exchange Cash USD to Bitcoin (BTC) The list below shows exchangers where you can exchange Cash USD to Bitcoin (BTC). The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website.
2. If you are looking for an anonymous method of converting Bitcoins to cash, you should look at www.bitcoin-brokers.org because they will buy your Bitcoins from you and send you cash via Moneygram. They will even send you your payment without you needing to show any ID. They do this by attaching a special “question and answer” to the payment.

Are you looking to cash out your Bitcoin?

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LocalBitcoins is the best way to exchange Bitcoin to cash. You can make the exchange anonymously with private and experienced sellers. And in some areas, it might be the only way to exchange Bitcoin where exchanges are not available. Get started here.

Trade Locally Using LocalBitcoins

LocalBitcoins is a Finland-based service that facilitates the over-the-counter trading of local currency in exchange for Bitcoins. The service allows you to trade Bitcoins in 15,650 cities and 248 countries around the world, and all that’s required from you to use it is a simple account registration and verification, which can be completed in just a few minutes.

LocalBitcoins displays advertisements from users, who state exchange rates and payment methods for buying or selling Bitcoins. Other users may reply to these advertisements and negotiate the terms of trade. LocalBitcoins acts as an intermediary, providing an escrow and conflict-resolution service, in addition to the platform itself.

Most local trades using LocalBitcoins happen in larger cities. Two LocalBitcoin users agree on a meeting place and a time for the trade to occur and typically use a smartphone Bitcoin wallet to perform the transaction itself. LocalBitcoins has its Android app, which is a must-have for any local trading.

Withdraw Cash from Bitcoin ATM Near You

There is a growing number of Bitcoin ATMs, which are Internet-connected machines that allow people to exchange Bitcoins for cash, and vice versa. Bitcoin ATMs can be typically found in high-traffic areas, such as shopping malls or train stations.

The Bitcoin ATM Map app from CoinATMRadar allows you to find all Bitcoin ATMs near you quickly. It even lists all the cryptocurrencies each ATM supports as well as its address, fees, limits, and sometimes even pictures and other useful information.

Just keep in mind that Bitcoin ATMs usually charge very high transaction fees. It’s not unheard of to pay more than $50 in fees alone for a single transaction performed using a Bitcoin ATM.

How To Change Bitcoin To Cash In Nigeria

Spend It or Buy Gift Cards

Thousands of retailers and services around the world accept Bitcoins, including such giants as Amazon and Overstock.com. If you’re willing to jump through a few hoops, you could purchase some high-demand items, for example, the Samsung Galaxy S8 Edge or the iPhone 8 Plus, with your Bitcoins and then sell the item on eBay for cash.

Read our previous article for more recommendations of Bitcoin-friendly stores, including Gyft, which provides a great way how to buy gift cards online for retailers like Amazon, Starbucks, and iTunes with Bitcoins.

Best way: Coinbase/GDAX

Coinbase is a very popular digital currency exchange headquartered in San Francisco. Coinbase users can trade Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in 32 countries. Because Coinbase complies with the Bank Secrecy Act, which prevents money laundering, it requires its users to go through a simple verification process.

As such, Coinbase isn’t anonymous, but it is reliable and trustworthy. What’s more, the exchange offers a fantastic app for Android and iOS, which has even become onf of the most downloaded app in the Apple App Store.

Are you looking to cash out your Bitcoin?

LocalBitcoins is the best way to exchange Bitcoin to cash. You can make the exchange anonymously with private and experienced sellers. And in some areas, it might be the only way to exchange Bitcoin where exchanges are not available. Get started here.

Cryptocurrencies have been around for a while, now, and more and more online businesses are beginning to accept bitcoin payments as legitimate direct payments. However, it can still be a challenging task to use your coins for every transaction you’ve to make. Whereas people do not indulge in frequent conversions from bitcoin to cash, because it costs a lot in fees that you’ve to pay as well as exchange rates make it tedious and unfavorable, conversions into cash from time to time are a great option people do indulge in. And, as mentioned previously, not all transactions allow you to pay directly in bitcoins. So, it might be a good option to convert Bitcoin to cash and simplify the process for yourself and the ones around.

So, if you are wondering how you will go about converting your bitcoin to cash, here’s some easy ways using which you can turn bitcoin to the actual money:

Use a Bitcoin ATM

Go to a Bitcoin ATM and cash your bitcoin earnings. Bitcoin ATMs, as the name suggests, are ATMs that turn your bitcoins to government-issued currency. Most major cities around the globe have Bitcoin ATMs for you to cash your bitcoins. This is usually the fastest away to cash your earnings.

You can also purchase bitcoins here in a regular way, and it works very similar to a regular currency ATM, so you should not be worried about how it works and all other functionality questions. Other than bitcoin, most other ATMs also accept Litecoin and Ethereum, too. One downside to this fastest way of bitcoin conversion to cash is the return rates are not exactly favorable to most of us, and the fees that you’ve to pay for these ATM transactions are way higher than online transactions. Hence, people choose online websites like https://bitcoinfuture.app that not only invest, trade, and mine their bitcoins but also retrieves them as and whenever they need them with much-needed flexibility and easier viability, under all circumstances.

Use an Online Service

Talks about online services bring us directly to the option of online services, that you can use, to convert bitcoin to cash. Online services, that are reliable and professional, exist in multitude so that you can not only purchase cryptocurrencies and bitcoins online and track them but also you can sell these bitcoins to others, in exchange for the government-issued currency in your country. You can use their websites, and their Android or IOS applications and the tariffs on such transactions are way lower than Bitcoin ATMs and rates of exchange are also favorable. One of the most popular online services is https://bitcoinfuture.app/, where they connect to your bank account, for paying for your cryptocurrency and bitcoin purchases and returns.

When you sell your bitcoins, your earnings get converted and then transferred to your bank account securely, in a couple of days. Most people use these online services to cash out the profits of their bitcoins, through bank transfers, as and when viable to them. You can also your accounts to receive bitcoin payments from friends, family and customers.

Bitcoin Debit Cards

Ever heard of a Bitcoin Debit Card? Like normal debit cards, bitcoin debit cards, exist too. Their usage is very practical, as you can use these debit cards to pay for any cryptocurrency or bitcoin. They are also one of the most affordable ways to cash your bitcoin earnings because you can use these cards to pay any retailer of their choice. How these bitcoin debit cards work is through online services, where you deposit your cryptocurrency or bitcoin through an online service provider, which converts the bitcoins into fiat currency for you, like the US dollar or Euro.

How Do You Cash In Your Bitcoin

Numerous bitcoin debit card providers exist, the best ones among them include CoinJar, Monaco and Bitpay. All these cards that are issued, are either powered by Mastercard, or Visa, that makes them eligible for all online and offline shopping purposes, and at offline retail shops too. Depending on your geographical location, it is determined whether you get access to a Bitcoin Debit card or not, and if you do, what are the daily and monthly permissible usage limits. So, before you get one, do your research well, and get a suitable card for yourself, depending on your country’s regulations and your geographical usage permits.

How Can I Change Bitcoin To Cash

It is advisable that you keep your cryptocurrency or bitcoin earnings saved in an online service repository or digital wallet, and you can convert them into cash, after a considerable period of time. If a situation arises where you need to immediate finances, you can retrieve your bitcoin earnings via a debit card, or a Bitcoin ATM or convert it through an online service and transfer it into your bank account. If none of these work immediately, or you don’t have the necessary access, you can try selling them to your friends in exchange for fiat currency, or cash, as we call it.