Who does the money go to when you buy Bitcoin?
When purchasing Bitcoin, I'm curious about the destination of the funds. Who exactly receives the money when I make a Bitcoin transaction? Is it directly to another individual or does it go through some sort of intermediary?
When you cash out on Coinbase Where does the money go?
When you cash out on Coinbase, the question arises: where does the money you've earned or invested in cryptocurrency actually go? Are the funds transferred directly to your bank account, or do they remain in some form of digital wallet? Is there a processing time before the funds become available, and if so, how long does it typically take? Additionally, are there any fees associated with cashing out on Coinbase, and if so, how are they calculated? Understanding the answers to these questions can help investors make informed decisions when it comes to managing their cryptocurrency holdings.