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Author Topic: Cryptocurrency into fiat money  (Read 235 times)
altcoinanalyst1 (OP)
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May 26, 2018, 03:52:02 PM
 #1

hello guys , How you convert your cryptocurrency into fiat money ?
payjoe93
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May 26, 2018, 04:11:10 PM
 #2

First, Your crypto must be listed on exchange. Find exchange that support your country fiat and support payment method like transfer to your debit card.


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jillscarbrough
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May 26, 2018, 04:41:03 PM
 #3

As above said, you can sell your whatever coins at your local exchange (if any) and withdraw your fund to your local bank account.

Bitcoin listed on most of the exchange (global/local), so when your coins aren't registered at your local exchange, you should change it to Bitcoin first at another exchange then transfer the Bitcoin to your local trade. As easy as that.
Milamol
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May 26, 2018, 04:51:42 PM
 #4

There are exchangers for various electronic currencies, including crypto. I use these exchangers. It's anonymous if not use the card. Also there is an opportunity to change personally through a local forum, but has not yet used it.

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May 27, 2018, 08:50:13 PM
 #5

Search google. You'll find different exchange websites which exchange crypto to fiat currency and choose the one which are suitable for your country.
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May 28, 2018, 08:39:42 AM
 #6

Find an exchange that can send the exchanged fiat to your bank account, there are plenty of them.
Another option would be a POS that exchanges fiat to crypto and vice versa.
Zeke_23
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May 28, 2018, 09:20:06 AM
 #7

hello guys , How you convert your cryptocurrency into fiat money ?
you must sell your crypto or your altcoin on some exchanger which your altcoin was listed. sell it so it would become bitcoin, after that, put your bitcoin on some exchange or on wallet which you can convert your bitcoin to fiat. sell your bitcoin and it will become fiat.

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DumbLefty
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May 28, 2018, 10:19:45 AM
 #8

I transfer my cryptocurrency to Fiat money only with the help of exchanges that work with Fiat. There are many exchangers but I do not trust them

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May 29, 2018, 01:48:13 AM
 #9

Cryptocurrency is still banned in many countries. If we want it to be a fiat currency at first we need to ensure that it is being accepted globally. This will take much time but I am hopeful that someday crypto will be a fiat currency.
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May 29, 2018, 02:05:56 AM
 #10

hello guys , How you convert your cryptocurrency into fiat money ?

Yes, you can convert your cryptocurrency into fiat depending on the type of fiat available in your area. For instance you might need dollars, Euro or pounds as fiat money. First you need a crypto exchange to move your tokens to make the exchange in that exchange. For example most times I use Binance, Hitbtc etc to exchange my ERC20 tokens to Ethereum or BTC and exchange it Naira which is my currency in my own country. You can do the exchange in your country fiat depending on your country currency.

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May 29, 2018, 02:12:11 AM
 #11

You should what is available platform in your area or country. Here in the Philippines, we have Coins.Ph, that is somehow connected in some remittance company and banks.
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May 29, 2018, 08:56:03 AM
 #12

If you want to convert your cryptocurrency into fiat money first of all your crypto currency have to be exchangeble in your country. then you can go for support payment method as we do while using our debit card. not that complex.
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May 29, 2018, 07:27:46 PM
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You will need exchange sites to convert your cryptocurrency into fiat money. You have to find the appropriate exchange site that work in your country. After that, do the transaction.
jimlyon
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May 29, 2018, 07:51:51 PM
 #14

Bitcoin has the easiest way to withdraw the money. You can offer whatever coins at your nearby trade and pull back your reserve to your neighborhood financial balance. Bitcoin recorded on the majority of the trade, so when your coins aren't enlisted at your neighborhood trade, you should transform it to Bitcoin first at another trade at that point exchange the Bitcoin to your nearby exchange.
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May 29, 2018, 07:55:27 PM
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Sure, sometimes I need fiat money for my current expenses and I convert crypto in fiat in this case. But I have saved all my money in crypto and till the now it is profitable tactic for me.

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May 29, 2018, 07:59:19 PM
 #16

hello guys , How you convert your cryptocurrency into fiat money ?

In every location or country we have exchanges who can convert our btc into fiat unless your country bans crypto. You can also visit localbitcoins. In my part I always use localbitcoins and very satisfied with the service. So far it never disappoints me. Sometimes my friends buy my bitcoins but for the most part I'm into accumulating lots of btc as I can for future profits.
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May 29, 2018, 08:10:06 PM
 #17

To start, find the exchange.Then I sell for bitcoins and go out to litecoin, the output of which is cheaper.Next bestchange.This is one of the options.There is also ePayments.
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May 29, 2018, 08:11:59 PM
 #18

hello guys , How you convert your cryptocurrency into fiat money ?
You can convert it on some various ways but most common way is to convert it to fiat thru exchangers and then directly withdraw to you bank account depending on which payment option do a certain exchange do offer. You can also try to make p2p transactions into other people which you do meet up him for exchanging both parties but this would really be risky on my part on my own opinion.

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May 29, 2018, 08:18:06 PM
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E.g. in Prague special Bitcoin ATMs are installed in the underground.
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May 29, 2018, 08:22:42 PM
 #20

hello guys , How you convert your cryptocurrency into fiat money ?

Know what is more convenient way to convert your crypto to fiat money on your place. Its really depend on your location, its easy to convert it only if its legal on your country to do so but don’t worry you can travel around to other countries who accept cryptocurrency and convert your holdings into fiat money if there is no service like this on your place.

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