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Is there a way to convert bitcoins to dollars in a safe, secure, and anonymous way?
What if I want to send bitcoins from one of my accounts to another of my accounts. The difference between the two accounts is that the other account is in USD, while the one I use is in Canadian Dollars. I've been looking everywhere to find a way to convert my bitcoins to dollars. I've found this:
I've tried to look into all of them, but I do not understand why that would work. Since the bitcoins are currently not in my bank account, I guess I could move them there. If I were to do this, would it ever work? Thanks in advance for any help
BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Note: Often ‘Capital B’ Bitcoin refers to the protocol or the system. ‘Lowercase b” bitcoin refers to the currency unit. Feel free to re-read my posts for the characteristics of money to date. The rest of this post will outline the functions and characteristics of bitcoin (BTC) as money while comparing it to the US dollar (USD). Bitcoin is an innovative payment network and a new kind of money. Find all you need to know and get started with Bitcoin on bitcoin.org. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation Bitcoin - US Dollar Chart (BTC/USD) Conversion rate for Bitcoin to USD for today is $10,629.73. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of $17,005,714,417 Conversion from Bitcoin to United States dollar can be done at current rates as well as at historical rates – to do this, select the desired exchange rate date. Today’s date is set by default.
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