Have you ever thought of converting your BTC into cash?
As BTC and other cryptocurrencies are still in the gray economic zone and there is no direct way to sell you BTC and get paid to your bank account directly, you may be confused about how to convert your BTC into cash.
In this article, we want to show you the easiest way to do that.
- Via LocalBitcoins
Finland-based startup LocalBitcoins is well known all over the world. It works in 248 countries and provides an opportunity for selling your BTC directly to another person. The problem with this peer-to-peer system is that you may not find the person who would like to buy all of your BTC at the same time or there may not be a person in your local area wanting to buy BTC at the price you want to sell.
2. Convert BTC to stable coin
This method is good for people who don’t want to get out of crypto world but want to keep their income safe. One of the most famous stable coins is USDT which is being traded in almost any cryptocurrency exchange. You can convert your cryptocurrency into USDT during the market downtrend and reconvert back whenever you want without the risk of loss.
3. Sell BTC at crypto ATM
If you live in a huge city in Europe or the USA, there’s a big chance of finding a crypto ATM in your city. Bitcoin ATM is a very convenient tool for those who want to easily convert cryptocurrencies to fiat and backward. But the rate offered by ATMs is one of the worst so you should think twice before using their service.
4. On fiat supporting cryptocurrency exchanges
One of the easiest ways to convert your BTC into cash is doing it at the fiat supporting cryptocurrency exchange.
PointPay exchange will also provide you this opportunity with various advantages. You will not only be able to sell your BTC at a very competitive price but will also have the ability to instantly cash out cryptocurrency through the withdrawal on the card VISA / MasterCard, UnionPay , payment system Payeer, AdvCash, etc.
Stay tuned and follow us on social media to be among the very first users to start using our service.
