<p>Trade them for USD, GBP or EUR on a trading site such as <a href="https://mtgox.com">https://mtgox.com</a> and transfer it to your bank account.</p>

<p>Or you can spend them directly at any other business that accepts bitcoins as payment.</p>

CC BY-SA 3.0
2012-12-11T18:50:13.313Z
2012-12-11T18:50:13.313Z
Minthos
<p>If you use a payment processor such as <a href="http://bitpay.com" rel="nofollow">BitPay</a> or <a href="http://walletbit.com" rel="nofollow">WalletBit</a>, they will take care of the conversion to fiat for you (for a fee, of course).</p>

<p>You could also use e-commerce software and manage the exchange to fiat yourself.  That's what <a href="http://coindl.com" rel="nofollow">CoinDL</a>, for instance, does using a Bitcoin module for OpenCart <a href="http://en.bitcoin.it/wiki/Category%3aShopping_Cart_Interfaces" rel="nofollow">e-commerce software</a>.</p>

<p>There might also be a number of <a href="http://en.bitcoin.it/wiki/Trade" rel="nofollow">goods and services</a> you would use where bitcoins are accepted for payment.</p>

CC BY-SA 3.0
2012-12-11T21:36:57.393Z
2012-12-12T05:31:03.480Z
2012-12-12T05:31:03.480Z
Stephen Gornick
<p>I run a small business online.  I am interested in using Bitcoin to accept monies from my customers but to be honest the whole thing has me a bit confused.  I am in the UK how would I be able to exchange my Bitcoins for £ sterling and then subsequently spend it?  </p>

<exchanges><sell-bitcoins>
How do I withdraw my bitcoins and spend them?
Beck Robertson
# How do I withdraw my bitcoins and spend them?

(Asked by: username_0 on 2012-12-11)

I run a small business online. I am interested in using Bitcoin to accept monies from my customers but to be honest the whole thing has me a bit confused. I am in the UK how would I be able to exchange my Bitcoins for £ sterling and then subsequently spend it?

**Tags:** exchanges, sell-bitcoins


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## 2 answers

### Answer by username_1 on 2012-12-11. Score: 6

Trade them for USD, GBP or EUR on a trading site such as <https://mtgox.com> and transfer it to your bank account.

Or you can spend them directly at any other business that accepts bitcoins as payment.


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### Answer by username_2 on 2012-12-11. Score: 5

If you use a payment processor such as [BitPay](http://bitpay.com) or [WalletBit](http://walletbit.com), they will take care of the conversion to fiat for you (for a fee, of course).

You could also use e-commerce software and manage the exchange to fiat yourself. That's what [CoinDL](http://coindl.com), for instance, does using a Bitcoin module for OpenCart [e-commerce software](http://en.bitcoin.it/wiki/Category%3aShopping_Cart_Interfaces).

There might also be a number of [goods and services](http://en.bitcoin.it/wiki/Trade) you would use where bitcoins are accepted for payment.


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