Bitcoin is a cryptocurrency that is being traded all around the world and some countries have considered it as a method of payment as well. Bitcoin price is not fixed it increases and decreases on a daily and hourly basis. The BTC price depends on the investment in this sector from all around the globe. If more people invest in the bitcoin then the price increases and if more people take out the investment then the price of bitcoin decreases. You can easily convert bitcoin to anonymous cash at any of the exchange platforms within a matter of seconds. The most often asked question by the BTC traders is how to convert bitcoin to cash anonymously? To convert bitcoin to cash, so many platforms exist. Some of the platforms are a peer-to-peer marketplace, bitcoin ATMs, exchange BTC with gift cards, online exchanges. You can use any of these platforms to convert bitcoin to anonymous cash.
How to buy bitcoins anonymously
It’s easy to buy and sell bitcoin anonymously as mention above the methods to sell bitcoin, the methods or ways to buy bitcoin are also the same. You can buy bitcoin anonymously at bitcoin ATMs, from an exchange, from a broker website, from a friend, and from peer to peer marketplace. Before buying bitcoin you must know the safety and security parameters. First, you should buy a bitcoin wallet to keep the crypto assets safe then you should select the platform from where you buy bitcoin. There are many platforms to buy bitcoin but online platforms are suggested by expert traders as they charge a low fee and they are easy to use with full security. Some of the best online platforms are coinmama, eToro, Cex.io.
Transfer bitcoin from coinbase to wallet
To transfer bitcoin assets to your coinbase wallet from your coinbase account first you have to link your wallet with your coinbase account. It takes the following steps:
- Open Coinbase Wallet on your mobile device
- Tap your settings at the bottom
- Tap Connect to Coinbase
- As the account is connected now you can send the funds.
To transfer funds from your coinbase account to your wallet you need to follow these steps:
- Open Coinbase on your mobile device
- Tap your settings at the bottom
- Tap Transfer
- Select the supported coin
- Enter the amount you want to transfer then tap Continue
- Select the wallet and tap the send button to send BTC to the wallet.
Buy bitcoin with bank account without verification
You can now buy bitcoin with a bank account without verification. You have to select your bank account as a mode of payment when you go to buy cryptocurrency – this will initiate an ACH transfer for the value of your purchase. Once your transaction is confirmed, you should see your crypto assets immediately available in your Coinbase Digital Wallet. To buy crypto assets through a bank you have to follow these steps:
- Visit Coinbase and open an account.
- Go to “Settings” – “Linked accounts”
- Add your bank account.
- Go to “Buy/sell”
- Buy Bitcoins.
