For anyone to understand what Bitcoin is, it will make a lot more sense that they know what it is not. Bitcoin is not an actual coin, it is a digital form of payment that is produced (or mined) by so many people around the world. It makes possible instant peer-to-peer transactions globally.
Bitcoin was invented after decades of research into cryptography by a man known as Satoshi Nakamoto, a software developer. Nkamoto designed the system and released it to the public in 2009. By February 2015, well over 100,000 merchants and vendors had accepted this novel mode payment. Bitcoin is not backed by any physical commodity. They are only traded online which makes them a commodity on their own. You will need to get yourself a software wallet by registering with one of the exchanges which will host it for you. The wallet stores your Bitcoins which can be accessed on your laptop, mobile device, or desktop computer and you can exchange it for real money.
How do you turn your Bitcoin into cash? How do you cash in Bitcoins? How do you exchange Bitcoin for cash? How do you transfer Bitcoins to your bank account? How do you sell Bitcoins for cash?. You need to know that getting Bitcoins is so much easier and safer than most people think. In so many ways, it is a lot easier than opening an account at a regular bank. Bitcoin Cashout is the most reliable company to exchange Bitcoin to multiple options.
Bitcoinscashout.com is based in the UK but the operations are spread around the world. A click into the site will in 3 minutes turn your Bitcoin to instant Cash, convert your Bitcoin to Paypal, Bank Wire, Western Union, Payoneer, Skrill, Payza, Perfect Money, you name it.
Bitcoinscashout.com is designed to assist you by Direct Transfer of Bitcoin to your Bank Account or Credit Card; turn your Bitcoin to Webmoney, Neteller, Okpay, and Payoneer. Sell your Bitcoin at best price. Sell your Bitcoin now. Exchange your Bitcoin for real money. Bitcoin Cashout is the world’s best Bitcoin exchanger.