Redeeming your bitcoin so soon??? I suggest holding on to it for a little longer π… or at least until I’m finished with this page. Once this page is complete you’ll learn how to:
- Set up a “hot” wallet for spending bitcoin
- Redeem bitcoin from your cold storage wallet (sweeping the private key) into your hot wallet
- Open a crypto exchange account (to sell your bitcoin for US dollars)
- Send bitcoin from your hot wallet to your exchange account OR to another person
- Sell your bitcoin in your exchange account and transfer the US dollars to your bank or spending account