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How to Convert Bitcoin (BTC) to Cash

After receiving your winnings in your Bitcoin (BTC) wallet, you can easily convert your BTC to cash. Simply sell your BTC on Coinbase or your prefer exchange—once the transaction is complete, the equivalent amount in fiat currency (your local currency, like USD) will be deposited into your Exchange fiat wallet. There’s no limit to how much BTC you can sell. 

We recommend using Coinbase. 

From there, you can transfer the funds directly to your bank account. Please note: when you initiate a withdrawal from your Coinbase fiat wallet to your bank, a brief holding period may apply before the funds are fully available. 

Your available balance (post-up) represents the amount you can immediately withdraw or transfer out of your Coinbase account. This is impacted by how you’ve purchased crypto or deposited fiat. 

Important Notes: 

  • For security purposes, funds deposited via a linked bank account or crypto purchased with those funds cannot be immediately withdrawn or sent off Coinbase. This is referred to as “withdrawal availability.” 
  • Wire transfers and debit card purchases do not impact withdrawal availability, but may still be subject to existing account holds. 
  • TheVault will never send wallet addresses via promotional email, nor will we ever request your password or PIN through any type of email communication. 

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