After earning bitcoins you need a place where you can store that earned bitcoins. And this earned bitcoins can be stored in a bitcoin wallet. There are many bitcoin wallets that can be found online. Some the bitcoin wallets are Coinbase, Strongcoin and Bitcoinarmory.
In the bitcoin wallet you’ll find a bitcoin address and this address will be used to get your bitcoins from other websites. Or you can also buy bitcoins from the sellers of bitcoin and even for that you need the bitcoin address to receive the bitcoins in your account.
The bitcoins can never be directly withdrawn for real cash money. The bitcoins first has to be sold. And to sell the bitcoins you have to go to the selling option of the wallet and then you have to set price for selling the bitcoins.
After selling the bitcoins the money needs to be transferred to your bank account and then you can cash out real money from the bank which actually came from the Bitcoin Wallet for your sold bitcoins. And by this way you can cash out real money from your Bitcoin Wallet for your earned bitcoins or for your deposited bitcoins.
