How to Move Bitcoin To A Bank Account?


The procedure of transferring bitcoin to a bank account is comparable to exchanging money at the airport while travelling to a new country.

In essence, you are "selling" your bitcoin and "purchasing" a dollar equivalent.

The economic policies of a government or a nation's central bank have no bearing on the "exchange rate" for this currency exchange.

Demand controls the price of bitcoin, not supply.

Moving bitcoin to a bank account is like exchanging currency.

However, because bitcoin is unregulated by the government, the trading procedure takes place in secret.