bitcoin

rate conversion bitcoin

By giada | CRYPTO INVESTMENTS | 22 Apr 2020


Convert bitcoins to euros
March 16, 2020
Converting bitcoins into euros, or as many say "converting bitcoins into real money", is really very simple, the important thing is to follow the right steps and use the secure services that allow us to transform our bitcoins into euros.

The guide below will explain exactly how to do this conversion.

If instead you are interested in buying bitcoins or other cryptocurrencies I invite you to follow this practical guide "how to buy cryptocurrencies"

However, today you can safely convert bitcoins into euros, and euros into bitcoins directly through Bitfinex or Binance, which are certainly the best exchanges for cryptocurrencies as well as excellent Wallets to carry out the conversions between bitcoin and fiat currency in both directions.

How to convert bitcoins into euros
First we need to choose the online service through which to perform this conversion.

Below you will find a detailed guide to convert bitcoin to euro tax on the Coinbase service, also because until last year we can say that it was one of the very few conversion services. But today that both Bitfinex and Binance, two giants of the exchange worldwide, have implemented the direct conversion of fiat currencies (dollar euro, etc.) into bitcoin, there is no shadow of a doubt, choose one of them.

In the two links above, one in Bitfinex and one in Binance you will find complete guides to learn how to use them at best. All you have to do is register with at least one of them and start using them.

Summary:
Transfer bitcoins from your wallet to a Bitfinex or Binance exchange
Convert bitcoins into euros in the exchange
perform the sampling
Warning: The procedure described below is still valid but was used in the past when the two previous exchanges did not offer this possibility and Coinbase was probably one of the only valid methods to perform this operation. To date, I recommend following the procedure described above

Convert bitcoins to euros with coinbase
The easiest to use is Coinbase which takes a commission of around 1.49%.
All we have to do is send our bitcoins from our wallet to our wallet on coinbase.

If you don't have an account with Coinbase, open it now is very simple and immediate.

The correct procedure to follow is this:

Go to Coinbase
Click on Accounts at the top
Under BTC Wallet click on Receive
In the pop-up that opens, click on Show Address
Copy the address shown
Go to our wallet where our bitcoins are present which can be a nano ladger s rather than Jaxx, Exodus, an exchange or any other bitcoin wallet.
We look for the "send bitcoin" item and paste where indicated the address of our coinbase bitcoin wallet
We perform the transaction making sure that the pasted address is correct.
Let's go to Coinbase again
Click on the link Buy / Sell at the top
Then click on the Sell tab
convert bitcoins
In the lower part we click in the mirror of BTC
Then click on Sell Max to convert all our bitcoins into euros or indicate the number of bitcoins that we want to convert if it is our intention to convert only part of them.
Convert all bitcoins to euros
So let's click on Sell Bitcoin right away
At this point we go back to the Coinbase Accounts page
We go down on Eur wallet and click on Preleva
Withdraw Euro
If this guide has helped you, share it on social networks.

Basically the practice to be followed with other conversion services is always the same and we can summarize it in the following way:

Go to the bitcoin-euro conversion service and register if you have not already done so
Go to the bitcoin wallet of that service
Find your bitcoin address where you can receive bitcoins
Perform the transfer of bitcoins to the identified address
Once our bitcoins are present on the bitcoin wallet of our conversion service we go on sell bitcoins and buy euros

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CRYPTO INVESTMENTS
CRYPTO INVESTMENTS

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