If I want to sell bitcoins, assuming I was successful in either buying them or selling a service or a product and accepting bitcoins instead of normal cash. How can I convert the bitcoins back to cash ?
Another option would be to use an exchange which can withdrawal USD/EUR (depending what you want). A good option for that is Kraken, as they have very low withdrawal and trading fees. You can trade your bitcoins to USD/EUR, and then withdrawal to your bank account. And no, I am in no way associated with Kraken, just a happy customer there
There are a lot of useful websites available on the internet having the below-mentioned common procedure: Make a decision regarding the third-party broker exchange you want to employ. Become a member and finish the verification process with the brokerage. Put money (or bitcoin) into your account. By transferring your bitcoin to a bank account or PayPal account, you can cash it out.