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What is the process for converting Bitcoin to AUD?

avatarMills McGuireDec 16, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for converting Bitcoin to AUD? I'm new to cryptocurrency and would like to know how to convert my Bitcoin into Australian dollars.

What is the process for converting Bitcoin to AUD?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that allows you to convert Bitcoin to AUD. The process is simple: first, sign up for an account on BYDFi and complete the necessary verification steps. Once your account is set up, you can deposit your Bitcoin into the exchange. From there, you can place a sell order for Bitcoin and choose AUD as the currency you want to receive. Once your order is filled, you'll have AUD in your BYDFi account. You can then withdraw the AUD to your bank account or use it for other purposes. BYDFi offers competitive fees and a user-friendly interface, making it a great choice for converting Bitcoin to AUD.