In today's era of booming digital currencies, Bitcoin, as one of the most representative cryptocurrencies, has attracted much attention. Many people are curious about how to exchange Bitcoin and how to convert Bitcoin into cash. This article will explore how to easily learn the exchange and sales skills of Bitcoin from multiple perspectives to unveil this mystery for you.

First of all, it is very important to know how to exchange Bitcoin. Bitcoin can be exchanged through online trading platforms, Bitcoin ATMs, P2P transactions, etc. When choosing a trading platform, be sure to ensure that the platform is safe and reliable and the handling fee is reasonable. Bitcoin ATMs provide convenience for offline exchange and are simple and fast to operate. In addition, P2P transactions are also a common exchange method. By trading directly with others, more flexible exchange methods and prices can be obtained.

Secondly, it is also very important to know how to convert Bitcoin into cash. Bitcoin can be converted into cash through selling on trading platforms, transferring to bank accounts, and using Bitcoin debit cards. When choosing a selling platform, pay attention to choosing a platform with good reputation and simple processes to ensure safe and smooth transactions. When transferring Bitcoin to a bank account, you need to pay attention to the bank's regulations on digital currency transactions to avoid violating relevant laws and regulations. In addition, Bitcoin debit cards allow you to consume directly while owning Bitcoin, which greatly improves the practicality of Bitcoin.

In addition to the above basic operations, there are some tips to help you exchange and sell Bitcoin better. First, keep abreast of the Bitcoin market and seize the opportunity to exchange and sell, so as to obtain better returns. Secondly, protect your Bitcoin wallet and private key to avoid being hacked and stolen. In addition, understanding the laws and regulations of Bitcoin and complying with relevant regulations can avoid unnecessary risks and disputes.

In the process of exchanging Bitcoin and converting Bitcoin into cash, be sure to operate with caution, choose formal channels, and ensure transaction security. At the same time, learn more about the dynamics of the Bitcoin market and constantly improve your investment awareness and risk prevention awareness. Through learning and practice, I believe you will easily master the exchange and sales skills of Bitcoin and enjoy the convenience and fun brought by digital currency.

In general, the exchange and sale of Bitcoin is not a complicated matter. As long as you master the correct methods and techniques, you can easily deal with it. I hope that through the introduction of this article, I can help you better understand the exchange and sales methods of Bitcoin, and provide some reference and guidance for your exploration in the field of digital currency. May you gain more gains and success on your future investment road!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to market data, the price of Bitcoin has soared again recently. On January 6, 2021, Bitcoin continued to rise at night, approaching $35,679 per coin, setting a new record high. It is now reported at $35,000 per coin, with an increase of more than 14.38% in 24 hours. The total market value of Bitcoin exceeded $648.7 billion during the session, setting a new record high. It can be seen that Bitcoin is very valuable now, but for investors, as long as Bitcoin is not exchanged for money, it cannot be finally determined whether Bitcoin investment is profitable. The following currency circle editor has sorted out a tutorial on how to sell Bitcoin for money for investors to refer to and learn.

 How to exchange Bitcoin for money?

Nowadays, there are two ways to exchange Bitcoin for money, one is on-site trading and the other is over-the-counter trading. The most common method is on-site trading. There are many exchanges that support on-site trading, such as , , Chinacoin.com, etc. The following editor of the currency circle will take the OKX exchange as an example to tell you how to cash out Bitcoin: 

1\. Open the official website of the OKX exchange, click the [ ] button in the upper right corner of the page to enter the registration page, and enter the email address on the homepage. 

2\. Slide the slider to the right to complete the puzzle for verification, and then enter the verification code received in the email. The verification code is valid for 10 minutes. 

3. Then enter the mobile phone number and click "Verify Now" 

4. Enter the six-digit verification code received on the mobile phone, which is also valid for 10 minutes 

5. Select the country of residence/region, check the terms of service, "Risk and Compliance Disclosure" and Privacy Policy and Statement 

6. The password created needs to meet the length of 8-32 characters, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as:! @  $ % and other conditions

7. Verify your identity (KYC verification) before you can trade. Click [Personal Center] - [Identity Authentication] in the upper right corner of the homepage to enter the identity authentication page. Follow the prompts on the page to complete LV.1 basic authentication, LV.2 advanced authentication and LV.3 video authentication.

Notes:

(1) The higher the authentication level, the easier it is to match better merchants and more favorable prices when conducting fiat currency transactions.

(2) The official website cannot perform LV.3 video authentication. Please download the Ouyi APP to complete the authentication.

8. After completing registration and identity authentication, you can trade. Click [Trading] - [Basic Trading] on the homepage to enter the trading page.

9. Click [BTC/USDT] trading pair to see the real-time BTC market.

10. Fill in the purchase quantity and click Buy. If you want to sell, fill in the sell quantity and click Sell. Note that the minimum purchase quantity is 0.00001 BTC.

11. After selling BTC to get USDT, click [Buy Coins]--[Quick Buy Coins] to enter the self-selected area

12. Pay attention to select [C2C Transaction]--[Sell], you can see the real-time unit price of USDT displayed on the right, select the appropriate experience merchant according to your needs, and click [Sell USDT].

 Do I have to pay taxes on the money earned from exchanging Bitcoin for money?

Investors do not need to pay taxes on their investment funds, but they need to pay personal income tax on the income and dividends they finally get.

The Enterprise Income Tax Law clearly states that Article 26, Item 2, stipulates that equity investment income such as dividends and bonuses between qualified resident enterprises is tax-free income. Article 83 stipulates that the so-called equity investment income such as dividends and bonuses between qualified resident enterprises refers to the investment income obtained by resident enterprises directly investing in other resident enterprises.

So the issue of paying taxes still depends on the nature of the investment.

But Bitcoin is naturally not a dividend or bonus, but many countries in the world have to pay taxes on holding Bitcoin!

In fact, we must be cautious in Bitcoin transactions. The editor of the currency circle believes that whether we can make a profit has a lot to do with whether we pay attention to risks. Risk is two-sided. The gains may be high, but the losses may also be high. But risks can be controlled, such as setting a stop loss before each transaction.