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  1. #1
    Oliver47 is offline Junior Member
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    Bitcoin to cash question

    If I get coinbase (or any other cryptocurrency exchange like https://cryptolinks.com/cryptocurrency-exchange ) and someone pays me in bitcoin can I sell the bitcoin back to coinbase and get the cash ? How exactly does that work ? Also I take it I have to claim it for taxes too right ? Thx

  2. #2
    Jayd85's Avatar
    Jayd85 is online now Junior Member
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    Quote Originally Posted by Oliver47 View Post
    If I get coinbase (or any other cryptocurrency exchange like https://cryptolinks.com/cryptocurrency-exchange ) and someone pays me in bitcoin can I sell the bitcoin back to coinbase and get the cash ? How exactly does that work ? Also I take it I have to claim it for taxes too right ? Thx
    You can sell and transfer to bank account from coinbase. Use a blockchain wallet as me diary to and from CB.

  3. #3
    Bio-Active's Avatar
    Bio-Active is online now AR-Hall of Famer
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    Correct you just have to link your account

  4. #4
    Frank777 is offline New Member
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    Apr 2019
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    I'm glad that I've found this thread. I've recently started using coinbase wallet and also need to find out about getting cash. I've already looked through the reviews https://revain.org/wallets/coinbase-wallet, but it is good to learn from other people's experiences. Thanks!

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