How To Convert Cash To Bitcoin On Cash App

During the Bitcoin bull, many altcoiners flock to Bitcoin.

It is the same for Zcash HODLers too. While there might be several reasons to get rid of Zcash but the only I think is because Bitcoin is superior to Zcash in all terms. (excuse privacy for now)

Excuse because BTC will eventually develop privacy and making other private coins like Zcash redundant in the future. But that’s just my opinion about which only I should care.

So use this guide if you are someone who wishes to convert their ZEC to BTC for whatever reason. This guide will help you in a step by step manner to exchange ZEC to BTC most quickly and safely!!

So here is it:

How To Turn Off Bitcoin On Cash App

How & Where To Exchange Zcash (ZEC) To Bitcoin (BTC)?

Cash

To do this, tap the icon on the upper left on the Cash App home screen. Scroll to Funds and tap Bitcoin. If you see “Enable Withdrawals,” you’ll need to verify your identity by following the app’s. CashApp is a popular payment app where you link your bank account to cash out bitcoin. You get $5 just for trying the app by entering the code NRXKJTL after you download the app – click Profile icon, then click Referral Code, enter NRXKJTL in window and click Enter. (see below) CashApp was the first mainstream payment app to support Bitcoin. To purchase bitcoin using your Cash App: Tap the Investing tab on your Cash App home screen; Tap Bitcoin; Press Buy; Select an amount or tap to enter a custom amount; Enter your PIN and select Confirm; Purchasing bitcoin requires that you have a balance in your Cash App. You may also need to enter additional geographical information. BONUS: Use Our Fiat-to-Crypto Partners to Sell Bitcoin into Cash. Depending on where you are in the world, Binance can offer you many options on where to sell Bitcoin into cash. Binance.US - Convert Bitcoin into US dollars (USD) Binance.SG - Convert Bitcoin into Singapore dollars (SGD) Binance.TR - Convert Bitcoin into Turkish lira (TRY). Buy, sell and convert cryptocurrency 💰 Buy crypto including Bitcoin, Ether, BUSD, BNB, Chainlink and TRON on Bundle with your debit card, a bank transfer or another crypto. You can also sell crypto and withdraw cash into your bank account. You can buy and sell as little as NGN 500 worth of Bitcoin or BNB on Bundle!

Step #1. For converting ZEC to BTC, the first step is to sign-up for Changelly using your email ID. There are other services also to do this exchange, but for this tutorial, we have taken Changelly because it is one of the oldest crypto swapping services in the market. Moreover, it doesn’t require any KYC or ID verification to start with !!

Step #2. Check your inbox and confirm your subscription to Changelly. Ignore this step if you haven’t got any mail from them.

Step #3. The vital thing starts from here. Now once you are logged-in to your Changelly account, select the amount of ZEC coins you want to exchange for BTC. Choosing the amount of ZEC will auto-populate the BTC amount, and it will show you how much you will get in bitcoins.

Note: In this example, I am exchanging 10 ZEC for BTC

Step #4. Once selected the amount of ZEC now click on ‘Exchange Now’ button shown in the above image. As soon as you do that you will see the below screen showing you the gist of exchange like fees, exchange rate, time, etc. Verify the details here, and you can even change the amount of ZEC you wish to exchange for BTC here too.

Step #5. Once verified, now click on the ‘Next Step’ button shown in the above image. As you do so, you will see this screen prompting you to put your BTC address where you wish to receive your bitcoins. Enter your BTC address with caution and if you don’t have a BTC address yet, get one by choosing from our popular list of wallets for Bitcoin.

Step #6. Once you have entered your correct BTC address the ‘Next Step’ button shown above will get enabled automatically. Now click on it to see this screen, which will show you the exact details of the exchange. Note: These are the details just before you proceed to do the actual conversion.

Step #7. Once you have checked the details, click on ‘Confirm and make payment’ button. As soon as you do that you will be shown ZEC address. This address belongs to Changelly, and you need to send your ZEC coins on it to initiate the conversion as per the details shown to you before.

So take your ZEC wallet out and copy the address or scan the QR code to transfer ZEC on it.

Note: You have 36 hours to send funds otherwise the transaction will be canceled automatically, but I suggest you send it ASAP before the exchange rate of ZEC/BTC pair changes.

Step #8. As soon as you transfer ZEC to BTC, your conversion will start, and you will see this screen ‘wait for exchange.’ It means Changelly is waiting for the Zcash’s blockchain to confirm the transaction. It usually takes a few confirmations before the actual deposit is considered successful and it might take an upto 30 mints for this.

The swapping process itself happens almost instantaneously, but the network takes the rest of the time. Typically, the swap comprises of these three stages:

  • Getting confirmation
  • Exchanging ZEC to BTC
  • Sending Bitcoin to your wallet

Step #9. The only thing you need to do now is to wait for Zcash transaction to get sufficient transactions and Changelly to exchange it for BTC. Once that is done, you will see this screen informing you about the successful conversion.

On this screen, you can also check the actual transaction history on the blockchain by clicking on “See transaction on Blockchain” button as shown in the above image.

Congratulations, Tada….!!! You have done it

Bitcoin

Conclusion: Which Is the Easiest Way To Convert ZEC To BTC

In my opinion, this is the easiest and the safest way to change your Zcash coins to BTC because Changelly’s UI is very clean and intuitive even for first-time users.

Moreover, Changelly has been doing this since 2015 and have developed expertise in supporting new users. Their support staff is quite proactive, and in my case, they have responded to me promptly whenever I have reached out to them.

Lastly, though this guide is for exchanging ZEC to BTC the process of changing BTC tor ZEC or any other currency that is supported by Changelly is the same.

So feel free to use this guide and do send it to your friends who want to exchange from one cryptocurrency to another in a hassle-free way !!

How To Convert Cash To Bitcoin On Cash Application

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DEPRECATED

Guarda Wallet and Simplex are introducing a new feature – now, you can sell cryptocurrency right in the comfort of your wallet. Cashing Bitcoin out is a feature we have been asked to have onboard for a while – so, we are proud and happy to have it go live. In this article, we will break down everything you need to know about converting Bitcoin BTC to cash.

Due to some issues with banks that our partner is having – this feature is currently unavailable.
Stay in touch for the updates.

How do I convert crypto to cash?

The question of cashing crypto out to your bank card or account is one of the basic queries that come to a user’s mind. However, the usual struggle of choosing a good service for crypto selling pops up on this stage. To make sure the choice is easier to make and there are no questions left unresolved, the Guarda team will break down the in-wallet selling feature in this article.
How do Bitcoin withdrawals work?
Basically, crypto withdrawal is a chain of transactions ultimately leading to the desired exchange sum in fiat currency ending up in one’s bank account. Cash-outs are possible with the help of online services and, in some cases, real-life Bitcoin ATMs. The latter is still not spread widely enough, but there is definitely a demand in more BTC ATMs installed all around the world.
Coming back to the question of withdrawals – the most common way to get cash for Bitcoin is by using a third-party exchange. Exchange giants have enabled selling crypto – however, making cash-out transactions in the comfort of your own wallet is not only more secure but generally handier. This brings us to the point of enabling in-wallet selling features.

Why is having in-wallet cryptocurrency selling feature important?

The ability to sell Bitcoin and available altcoins are certainly one of the functions crypto wallets need to have on board. As wallet development is progressing and the users becoming more demanding for their crypto storages to behave more like banks (in the best of ways), adding features is something service providers are always working on. Guarda is not an exception – we have partnered with Simplex to provide handy cryptocurrency purchases for fiat already, and now we are here with the ability to sell crypto for a variety of national currencies! Here’s how it works.

How

How do I sell cryptocurrency?

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  1. First of all, you will need to get a wallet on Guarda or log in to your existing cryptocurrency storage.
  2. After this, choose the wallet you would like to use. Currently, cashing out is available for Bitcoin BTC – More coins will be added for Sell in the future. As you have picked the right wallet, select the amount of BTC to convert to cash.
    Click Proceed to Check Out.
  3. On the next step, you will need to fill in the fields needed to proceed with crypto-to-fiat exchange: your email, bank card details and KYC information. The documents suitable for KYC are ID cards, passports or driver’s licenses, backed with your picture with the document you have used and the address.
  4. After all the fields are filled in and verified, choose to return to your wallet on Guarda. When you are back to the page, the selling transaction details will be shown.
  5. The details of your outgoing transaction are available in the History tab of your wallet – in there you can also monitor the status of your Sell order.
  6. Once the KYC procedure is passed, transaction status in History will be changed to “Sell. Action Required”. All you need to do on this step is to verify the transaction.
  7. After you have confirmed the transaction, you will be able to track the order until the fiat equivalent is on your bank card.
  8. Congratulations, you have just converted Bitcoin to cash with Simplex and Guarda Wallet!

How To Convert Cash To Bitcoin On Cash Apps

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