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I'm new to the concept of Bitcoin and the part I have the hardest time with is how do I get out? If I have Bitcoins and want to turn it back into Canadian mone
by micah63 13y ago
I'm new to the concept of Bitcoin and the part I have the hardest time with is how do I get out? If I have Bitcoins and want to turn it back into Canadian money, how does that work? Or does it work at all? Am I locked in? Can I only buy tech items on a couple websites that support it?
- andrewmunsell 13y agoThere are a couple exchanges that will cash out your Bitcoins to another currency-- CoinBase being one of them. Sometimes you'll need to go through some hoops to verify your identity, and you'll likely end up getting a bank transfer (as opposed to PayPal, etc).
- jadeddrag 13y agoThere is also the option of localbitcoins.com to sell to people anonymously (but in person). Or you can use the bitcoin-otc irc channel.