{"id":1728,"date":"2020-04-13T17:04:14","date_gmt":"2020-04-13T17:04:14","guid":{"rendered":"https:\/\/www.techtodayinfo.com\/?p=1728"},"modified":"2020-04-13T17:04:16","modified_gmt":"2020-04-13T17:04:16","slug":"incredibly-common-bitcoin-queries-answered","status":"publish","type":"post","link":"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/","title":{"rendered":"Incredibly Common Bitcoin Queries Answered"},"content":{"rendered":"\n<p>Cryptocurrencies are taking over the world and it is not much of a surprise anymore. The exchange of money no longer needs to be at the mercy of centralized banks who take unjustifiable sums they claim as fees, just to exchange some digits with another bank who has also taken their share of fees. The physical money doesn\u2019t even get moved from one bank to the other, it\u2019s all digital these days. Wouldn\u2019t it be great if we could send money to a friend or family member and know that it is instant, without any intermediaries, and all done from the convenience of your mobile phone? And that\u2019s just one of the many reasons we could explain Bitcoins meteoric rise in popularity.<\/p>\n\n\n\n<p>Assuming you haven\u2019t yet begun your Bitcoin\njourney, you might have many unanswered questions about Bitcoin and\ncryptocurrencies in general.&nbsp; <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where Can I Buy Bitcoins?<\/h2>\n\n\n\n<p>There are several ways to purchase Bitcoins\nwhether you are looking to invest in the currency, start <a href=\"https:\/\/www.techtodayinfo.com\/is-bitcoin-trading-software-safe\/\">trading crypto<\/a>, or use Bitcoin to purchase\ngoods and services. While many buyers make use of exchange platforms to buy\nfrom funds in PayPal or even their own bank accounts, you can also make use of\na <a href=\"https:\/\/paxful.com\/atm\">Bitcoin ATM map<\/a>\nto locate ATM\u2019s near you where you can purchase the digital currency.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Can I Use Bitcoins For?<\/h2>\n\n\n\n<p>Bitcoin is a currency unlike any other. It has\na good trade value against goods and other currencies and is growing stronger\nquickly. You use your Bitcoin to buy products and services, especially from\nonline retailers and suppliers. The latest statistics for 2020 confirm that at\nleast 36% of US small to medium enterprises happily accept Bitcoin, as well as\nsome other large and recognizable companies. Well-known names like Microsoft\nCorporation, Burger King, Subway, Twitch (the popular online live streaming\nplatform owned by Amazon), Humble Bundle (an online gaming\/software\nmarketplace), Playboy and even ExpressVPN. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Can I Turn Bitcoin Into Cash?<\/h2>\n\n\n\n<p>But what if you don\u2019t want to buy something\nonline? What about the things that Bitcoin can\u2019t buy yet? Well, there are ways\nto turn your newly acquired Bitcoin into cold, hard cash! First, there are some\nthings you need to consider: are you taking the easiest route or the cheapest?\nDo you want the cash in your bank account or another virtual wallet? How long\nare you willing to wait for the withdrawal process? Which currencies do you\nwant to convert your cryptocurrency into? \n\nOne of your options is to use an \u201cold fashioned\u201d\nbroker exchange &#8211; this will require a standard bank account and you can be\nassured of a turn-around time that may take anywhere between 24 hours and five\nworking days. Or you can sell Bitcoin via a peer to peer exchange or even a\nvery convenient, Bitcoin ATM. As of March 2020, there are over 7000 Bitcoin\nATMs throughout the world. It is becoming more and more clear that Bitcoin is\nthe currency of the future and the rising demand for easier ways to transact\nwith it is resulting in advances in technology and multiple physical sites are\nbeing put in place to make it more accessible for the average consumer.\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrencies are taking over the world and it is not much of a surprise anymore. The exchange of money no<\/p>\n","protected":false},"author":1,"featured_media":1729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[844,845,846],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Incredibly Common Bitcoin Queries Answered - Tech Today Info<\/title>\n<meta name=\"description\" content=\"Incredibly Common Bitcoin Queries Answered Cryptocurrencies are taking over the world and it is not much of a surprise anymore.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Incredibly Common Bitcoin Queries Answered - Tech Today Info\" \/>\n<meta property=\"og:description\" content=\"Incredibly Common Bitcoin Queries Answered Cryptocurrencies are taking over the world and it is not much of a surprise anymore.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/\" \/>\n<meta property=\"og:site_name\" content=\"Tech Today Info\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/techtodayinfo\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-13T17:04:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-13T17:04:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techtodayinfo.com\/wp-content\/uploads\/2020\/04\/bitcoin-3090250_1920.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1079\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TechTodayInfo1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rose\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/\",\"url\":\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/\",\"name\":\"Incredibly Common Bitcoin Queries Answered - Tech Today Info\",\"isPartOf\":{\"@id\":\"https:\/\/www.techtodayinfo.com\/#website\"},\"datePublished\":\"2020-04-13T17:04:14+00:00\",\"dateModified\":\"2020-04-13T17:04:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.techtodayinfo.com\/#\/schema\/person\/c7640b7cf1ce41c50026ca15a82049c1\"},\"description\":\"Incredibly Common Bitcoin Queries Answered Cryptocurrencies are taking over the world and it is not much of a surprise anymore.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.techtodayinfo.com\/incredibly-common-bitcoin-queries-answered\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.techtodayinfo.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Incredibly Common Bitcoin Queries Answered\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.techtodayinfo.com\/#website\",\"url\":\"https:\/\/www.techtodayinfo.com\/\",\"name\":\"Tech Today Info\",\"description\":\"Technology Write For Us\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.techtodayinfo.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.techtodayinfo.com\/#\/schema\/person\/c7640b7cf1ce41c50026ca15a82049c1\",\"name\":\"Rose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techtodayinfo.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/956b09a06803bc335d817b044dec5ca0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/956b09a06803bc335d817b044dec5ca0?s=96&d=mm&r=g\",\"caption\":\"Rose\"},\"description\":\"Rose is a technology enthusiast and a writer. 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