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MILLION DOLLAR CASH OUT PLAN EXPLAINED! Simple guide on how and when to sell your cryptosConverting Bitcoin to cash and transferring it to a bank account can be done through third-party broker exchanges or peer-to-peer platforms. You can use a crypto exchange like Coinbase, Binance, Gemini or Kraken to turn Bitcoin into cash. This may be an easy method if you already use. Cashing out your Bitcoin (or other cryptos) has gotten easier. You can withdraw it via a crypto exchange, an online broker, a Bitcoin ATM.