3 min 0

Knowing Your Options When it Comes to Selling Bitcoins

There are many ways of making money – some choose safer options but there are others who opt for riskier investments. Speaking of riskier investments, have you heard about Bitcoins? Bitcoins can either mean a virtual currency or a reference to the technology.

It was created to work as a decentralised digital currency. This means no central bank or sole administrator. Basically, transactions can be sent directly without the need for intermediaries. These days, you can use Bitcoins to pay for things electronically – that is if both parties are willing. If in this case you are looking to cash out, you have to know how to do it. Here are the five easy ways to turn your Bitcoin into cash:

Through exchange trades
The simplest and the most convenient way to turn your Bitcoin into cash is through exchange trades. Exchange trades are platforms that act as middlemen. They work by selling Bitcoins for you. There are many platforms that you can choose from but the most common ones are Krakken, Bitstamp, and Coinbase.

cash out

Whatever platform you choose, the process of selling Bitcoins is essentially the same. The first thing that you need to do is to create an account with them and then send your Bitcoins by taking your deposit address from the exchange wallet. After depositing the coins, you can put a “sell order”. This means that your Bitcoins will be sold depending on the market rate during that time. There are platforms that will allow you to set a limit on your sale. This is beneficial because if the Bitcoin price is below a certain point, the sale will not continue.

Once the sale is completed, the funds will be transferred directly to the bank account you linked to your account. For the success of the transaction, you will be charged with a fee depending on the exchange.

Through direct trades

If you want to personally see the actual sale process, you can consider direct trades. It is also called peer-to-peer trades. This is a safer alternative. You just need to register as a means to confirm your identity. First, you need to set up an account and then set up a “sell order”. There are also many sites that you can consider but the process is still the same. The site will notify you if someone comes along looking to buy Bitcoins based on your selling price.

However, the payment will depend on what platform you consider. There are sites that will give you more payment options like Moneygram, cash in the mail, cash in person or gift cards. There are also other sites that keep things exclusively online and utilising bank account transfers. At the end of the day, it will depend on you.

Through Bitcoin ATM
If you do not feel like using exchange platforms, you can consider Bitcoin ATM. Kiosks are connected on the Internet, which allows the insertion of cash in exchange for a Bitcoin. Bitcoin ATM actually looks like traditional ATMs but the kiosk connects the customer to a Bitcoin exchange. The only challenge is not all places have Bitcoin ATM. It might be difficult to access one.

2 min 0

Alloy 20 stainless steel washers and its uses

Every washer that is manufactured with any kind of metal does have a reason behind them, like there are some which are made keeping in mind that it should be heat proof, shock proof. Some are made with a view that should be acidic resistance proof, etc. So these are certain things that a manufacturer keeps in mind before going ahead manufacture a washer, fastener, bolt, etc. Because it is very important to keep all things in mind as if you see in almost all the switch boards or batteries or any other electronic thing you will fine nuts, bolts, washers, etc. and for a manufacturer it become highly important to make the products risk free. One such washer which is a shock proof and acidic proof is Alloy 20 stainless steel washer. These washers are rust free hence a recommended product for use in anything where there is a chemical reaction, more of water is used.

Alloy 20 stainless steel washers

Alloy 20 stainless steel washers is basically designed to be used for sulfuric acid related products and now there are many industries that use Alloy 20 stainless steel washers like in food and dye productions, chemical and allied industries, pharmaceuticals and plastic industries. Because of its quality of rust free and heat proof this is used by many industries having no fear in mind that any miss happening can be done. Since it also has a combination of copper it makes it fight against hostile environment of chemical reactions, pitting and cranny corrosion.

Since it is also a heat proof product so can even be used for any kind of welding methods, can also be used on heat effect zone, there is no pre heating requires on these washers. Superior washer are one manufacturer who provide Alloy 20 stainless steel washers to their client up on order, keeping in mind all its usage and the areas where these can be used. There excellence and expertise in manufacturing these products leave behind a remarkable impression on their customers. The superior washer are ISO certified so there can be no doubt on the kind of quality they provide because everything is being manufactured under compliance.