Cashing Out Of Cryptocurrency 5,0/5 7897 votes

Long gone are the days when people thought cryptocurrencies were mainly a speculative investment instrument. While volatility in the market remains high for certain assets like Bitcoin, the introduction of stable cryptocurrencies has changed the perception over digital currencies.

Crypto exchanges are the obvious first choice, and one of the most popular methods of cashing out crypto. While there are a lot of exchanges that only deal in crypto, and offer only trading pairs that allow users to exchange one cryptocurrency for another one, there are also those that allow users to exchange specific cryptos for USD, EUR, GBP, and alike.

Cashing Out Of Cryptocurrency
  • An alternative to cashing out via traditional, centralized exchanges is using peer-to-peer exchanges to exchange your cryptocurrency into fiat currency. These peer-to-peer platforms can be attractive because they offer a number of options for cashing out and also make it possible for users to maintain anonymity if they wish to do so.
  • To sell cryptocurrency: Select Buy / Sell on a web browser or tap on the Coinbase mobile app. Select the crypto you want to sell and enter the amount you want to withdraw. Select Preview sell Sell now to complete this action. When initiating a withdrawal of a sell from your fiat wallet to your bank account, a short holding period will be placed before you can withdraw the fiat from the sell.
  • Peer-to-peer cash out exchanges. You can cash out through centralized services through peer-to-peer platforms to exchange crypto to fiat. “The services are preferred because they provide many cashing out options.”. They additionally enable customers to remain anonymous if they want.

Nowadays, an increasing number of people are turning to digital money because of their unique flexibility when it comes to sending and receiving funds international. Unlike fiat currencies, cryptocurrencies do not touch the heavily bureaucratic banking system.

Instead, digital currencies move seamlessly across the world as transactions are processed transparently and efficiently on their respective blockchains.

Despite the numerous advantages of cryptocurrencies against their paper-based counterparts, we are still a long way to go before everyone accepts digital cash. For that reason, it is important you not only can purchase crypto easily, but also have simple and cost-efficient vehicles to redeem digital assets for fiat money.

Crypterium has developed the fastest way to cash out cryptocurrency. From now on, you can send your digital currencies straight to your bank card anywhere in the world in under 1 minute.

  • Works with MasterCard (VISA coming soon)
  • Minimum cash out: 2 EUR (per transaction)
  • Maximum cash out: 990 EUR (per transaction)
  • Commission: 2,5 EUR + 2.5%

Cashing In Cryptocurrency

Ready to try this feature? Let’s get started!

How to buy cryptocurrency

How To Turn Cryptocurrency Into Cash

To cash out cryptocurrency instantly, open your Crypterium App on your iOS or Android device and click on ‘Cash Out’inside your Dashboard or ‘Withdraw to card’ in your Money Transfer section.

Select the source balance for your cash out transaction. For now, 13 digital currencies are available for withdrawal. Keep in mind that Crypterium will be adding new digital currencies to the app in the near future.

How To Cash In Bitcoin

Enter your 16-digit credit or debit card number. For the moment, our cash out service only works with MasterCard. This is a global service and supports MasterCard accounts from all over the world.

Cashing Out Of CryptocurrencyCryptocurrency

Input the exact amount of cryptocurrency you wish to withdraw. You can also enter the amount of fiat money you want to receive on your card. Our system will automatically display the exchange rate, estimated operation time and total fee.

Our AI-based bid-offer matching engine Crypterium SX dynamically monitors rates from the top exchanges and picks the best one available at the moment of your transaction. Once you’ve filled all the necessary fields, the ‘Pay’ button will go yellow. Click on it to continue.

You’re almost done. Simply verify that all details are correct and press ‘Pay’ again to confirm the transaction. That’s it. Money is now on its way and will hit your card anytime soon.

How To Buy Cryptocurrency

Cashing out Bitcoin or any other cryptocurrency shouldn’t be difficult or expensive. This crypto cash out method allows you to convert cryptocurrency to cash instantly.