How do i transfer BTC into a stable balance? (Coinbase)

[Kolour]

As the price fluctuates alot with BTC, how do I turn it into a balance so it stays the same? All answers are very appreciated.

 

Well you can sell it for paypal/WU/bank transfer here on sythe.org, that's one way

 

[Kolour]

Well you can sell it for paypal/WU/bank transfer here on sythe.org, that's one way

i thought you can put it into ur usd/cad wallet and it wont fluctuate, just wondering how to do that, couldnt find answer on google

 

i thought you can put it into ur usd/cad wallet and it wont fluctuate, just wondering how to do that, couldnt find answer on google

Hey man, not really sure what you mean. Bitcoin can be stored in "wallets" which can be online or on your computer. USD/CAD/etc is stored in other places, like your paypal balance, your bank account, or in your physical wallet that you carry around to stores in real life. If you are trying not to hold onto bitcoin because of the fluctuation, you would want to exchange that bitcoin for USD or CAD and store that money wherever you normally store your money.

 

[Kolour]

Hey man, not really sure what you mean. Bitcoin can be stored in "wallets" which can be online or on your computer. USD/CAD/etc is stored in other places, like your paypal balance, your bank account, or in your physical wallet that you carry around to stores in real life. If you are trying not to hold onto bitcoin because of the fluctuation, you would want to exchange that bitcoin for USD or CAD and store that money wherever you normally store your money.

ohh, so like a cad/usd wallet is linked to your bank?

 

You can use Circle to accept BTC payments and still keep a USD balance.

 

ohh, so like a cad/usd wallet is linked to your bank?

Huh?? There is no such thing as a cad/usd wallet on your computer (that I know of, at least). Online you can have a balance in your paypal account, or money in your checking account that you can transfer.

I've been talking about a literal physical wallet where a lot of people store their own dollars and coins. For example mine is tan and made of leather.

 

[Kolour]

im talking about this wallet lol https://gyazo.com/424874629ddd87722009c9b6f3e91295

 

ohh, so like a cad/usd wallet is linked to your bank?

Pretty much, you're converting BTC into a stable balance if you were to do it to USD/CAD.

This can include Paypal / Skrill and others.

MY PREFERENCE would be to do this with Circle (https://www.circle.com/en) , you can buy BTC directly with a Debit/Credit card. It also becomes a wallet once you make an account. So if you receive BTC to your Circle Wallet, you can instantly cash out and send the money to your Bank which then becomes the stable currency you are looking for.

 

[Moes]

It also depends on the country you live in. Exchange services aren't all globally available.

 

[Add My Msn]

I think he means to keep it in a usd currency INSIDE his BTC wallet. For example sell the btc for usd but that money would still be used to buy BTC whenever he wants with no fees, when it goes up / down whichever way he wants it to go. Not transfer to bank, at least that's how I understand it.

 

I think he means to keep it in a usd currency INSIDE his BTC wallet. For example sell the btc for usd but that money would still be used to buy BTC whenever he wants with no fees, when it goes up / down whichever way he wants it to go. Not transfer to bank, at least that's how I understand it.

That's how I understood it as well. To answer the question for you OP there is no way to store your BTC in a 'stable wallet'. BTC always fluctuates and that is the downside of keeping it.

 

[S]

Banned.