When you sell bitcoin, the money goes to the person you are selling it to. They receive the money in their account, and you receive whatever payment method you agreed on.
This can be anything from PayPal to a bank transfer, or even just cash if you are selling in person. Once the money is in their account, it is up to them what they do with it.
NOTE: WARNING: When you sell Bitcoin, you are essentially exchanging it for a fiat currency. This means that the money received from the sale of your Bitcoin is sent to a bank account or other payment processor, and the funds are subject to the rules and regulations of the financial institution. It is important to understand that when you sell Bitcoin, you are taking on some risk. You must ensure that your account information is secure and that you understand any applicable fees or taxes associated with the sale of your Bitcoin. Additionally, it is important to use a reputable exchange or broker when selling Bitcoin in order to ensure that your funds are safe and secure.
They may convert it into another currency, spend it online or in person, or hold onto it as an investment.
So when you sell bitcoin, the money goes to the person you sold it to. They can then do whatever they want with it.
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When you sell Bitcoin, the proceeds go into your Coinbase account. From there, you can either withdraw the money to your bank account, or you can keep the money in your Coinbase account and use it to buy other cryptocurrencies. If you withdraw the money to your bank account, it will usually take 1-3 business days for the funds to become available.
When it comes to selling Bitcoin for cash, there are a few different options available to users. The most popular method is probably using a Bitcoin ATM, as there are now thousands of these machines around the world. However, some people may not have access to a Bitcoin ATM, or may not be comfortable using one.
When it comes to cashing out your bitcoins, there are a few options available. You can find a bitcoin ATM and trade your bitcoins for cash, or you can sell your bitcoins online on an exchange and get paid directly in your bank account. If you want to find a bitcoin ATM, use a service like Coin ATM Radar to find one near you.
There are a few different ways to sell Bitcoin for cash. The most common way is to use a Bitcoin ATM. These work like regular ATMs, but you can use them to sell your Bitcoin for cash.
When it comes to selling Bitcoin for actual cash, there are a few different options available to users. The most popular method is probably through a Bitcoin exchange, where people can buy and sell the digital currency using fiat currency. However, there are also some peer-to-peer marketplaces that allow people to trade directly with each other.
When it comes to Bitcoin, there are plenty of ways to go about cashing out your coins for real-world money. However, not all methods are created equal. In fact, some methods are far more convenient than others.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
When it comes to Bitcoin, there are two main ways to go about selling it for real money. The first way is to find a reputable Bitcoin exchange and sell your Bitcoin through that platform. The second way is to find a person willing to buy your Bitcoin directly from you.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
