convert bitcoin to local currency

Bitcoin Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 2 down vote favorite I receive rent income in the US. to convert from USD into BTC, with no problems.I will be traveling outside the US, so I would like to convert back from BTC into a local currency.(I'm going to Ecuador; there are several exchanges but they seem set up for people to buy BTC.)What I want is to convert from BTC into the local currency.What is the most efficient way to do this?(I may need to do this several times, which is why I'm interested in doing this efficiently.)How should I set it up?exchanges sell-bitcoins up vote 1 down vote ?231 countries support, can meet people face to face from this website in country where you go and exchange your bitcoins for cash in local fiat currency.up vote 0 down vote I think you might find what you are looking for at Xapo They offer a VISA debit card that lets you pay normally in the local currency.

If I understood correclty they pay and then debit the corresponding amount in BTC from your wallet (your Xapo-wallet, though).This is what I have found out about their service: At registration they ask for personal information, address, ID number and a valid mobilenumber.You have to confirm your telephone number before being able to transfer bitcoins.They send you a SMS with a verification code.Also, before you can use the card, you have to confirm or validate your Xapo-account via a moneytransfer to an bankaccount of theirs.After that you can use the debit card to buy stuff.The card has a monthly fee of about EUR3,95 imposed by VISA.Xapo pays this back if you get charged.They say their service has no monthly fee.I have no affiliation with them!AND I'm not at all well versed in things bitcoin, so please take time to investigate this.I have opened an account at xapo but cannot validate my account with an international moneytransfer, so I have not been able to test anything related to the debit card.

Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Not the answer you're looking for?Browse other questions tagged exchanges sell-bitcoins or ask your own question.Instant Exchange allows you to send bitcoin and pay for it with your local currency from the same page.
bitcoin wallet readerYou can also receive bitcoin and Coinbase will execute an instant sell in the background.
ethereum book amazonThe sell will credit funds to your local currency wallet.
bitcoin maker is scamInstant Exchange is a great tool for people who want to use bitcoin but prefer to cash out immediately to fiat currency.
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The fiat currency value of each conversion transaction, after Coinbase’s conversion fee, will be reflected in your USD, EUR, and/or GBP wallets.Instant Exchange is supported only for users who hold fiat currency wallets with Coinbase.Instant Exchange is just a different way to use Coinbase's existing Conversion Service.For example, when you wish to instantly purchase and send bitcoin using Instant Exchange, you can simply click on the "Send/Request" tab in your Coinbase Account, identify the recipient, and indicate the amount of bitcoin or USD-equivalent you wish to transfer.
bitcoin nakamoto satoshiBy selecting your USD Wallet as the funding source, when you confirm the transaction you will (a) use Coinbase's Conversion Service to purchase a corresponding amount of bitcoin, and then (b) immediately transfer the bitcoin from your Coinbase Account to the recipient.
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On the flip side, you can also use Instant Exchange to immediately sell bitcoin which you receive into your Coinbase Account.Using the same “Send/Request” feature, you can generate a unique bitcoin address for this purpose.Instant Exchange will then allow you to use that address to (a) receive bitcoin from the payer into your Coinbase Account, and (b) immediately sell the bitcoin using Coinbase's Conversion Service.This is a great way to use the Bitcoin payment network.
bitcoin pgp public keyCoinbase’s standard Conversion Fee applies to all bitcoin purchase and sale transactions.
bitcoin pizza forumThere are no additional fees for use of Instant Exchange.
bitcoin miner 1 th/sFor example, if you wish to use Instant Exchange to send $15-worth of bitcoin to a recipient, the total amount debited from your USD wallet will be $15.15: the amount of USD you wish to convert into bitcoin plus Coinbase’s Conversion Fee.

This works the same way in reverse, so if you receive $15-worth of bitcoin and sell it immediately using Instant Exchange, then your USD wallet will be credited $14.85: the USD-value of the bitcoin you converted into USD, minus Coinbase’s Conversion Fee.As always, you can freely fiat currency from your Coinbase Account back to your own bank account without charge from Coinbase (for ACH transfers; for list of all withdrawal fees, please see this page).Instant Exchange is just another way to use Coinbase’s Conversion Service, so your standard buy/sell limits will apply.You therefore will not be able to exceed your weekly or aggregate buy limits when you use Instant Exchange to purchase and send bitcoin.It is also important to remember that you cannot use Instant Exchange to receive and sell bitcoin in excess of your weekly or aggregate sell limits.If you receive an amount of bitcoin for Instant Exchange whose conversion would exceed your weekly or aggregate sell limit, all of the bitcoin will be received into your default bitcoin wallet and no conversion will occur.