Some exchanges dont have cashout to convert for a dollar  or  euro currency. You have to send your bitcoin first to an external wallet like like blockchain,info wallet. You can sell your bitcoin at https://localbitcoins.com/ and it will be directly send to your preferred bank or in a remmitance center.

In germany you can use bitcoin.de to easily trade bitcoins in euro. But dont forget the taxes

Coinbase is where it's at, you just have to be fine with going through the KYC and other sort of government sanctioned regulations where you're going to have to give up some of your personal information so there is privacy concerns with that. I know that others have other methods such as using Paxful, Local Bitcoins and so on and so forth but I'd rather have issues with privacy rather then pay disgusting fees that are just going to take SO MUCH MONEY.

COINBASE FTW!

Yes but be careful when you meet to trade in person. There have robbery cases before.

Hi imteaz,

I would take a look at the beginner section of the forum.  It can provide a lot of good information that you might find helpful. 

To answer your question, you need some sort of exchange if you will, like coinbase that will pay for the coins you have into USD.  Lots of exchanges out there you just have to find the one you want.

I used the exchanges to convert the Bitcoin to USD and then withdraw USD. most of the exchanges can be converted to USD

You can transfer your coins to localbitcoins and sell there, which the payments will be sent directly to your bank account, which you will provide. It is very fast and easy to use.

When you send your fiat to your bank account, try a smaller amount first, some banks in the EU are starting to stop transfers coming from Crypto exchanges, and sending back it to the exchange. You can search for the name of your bank in the forum to check if there were any problems when others were wiring back funds from exchanges.

Since beginning I am using localbitcoins for selling my bitcoins as I find it very easy, convenient and safest way to sell my bitcoins and get fiat money transferred to my bank account in no time as the traders are very genuine with high trust rating and localbitcoin involves escrow services so there is no room for getting scammed.