What is your preferred method of converting bitcoin (or other crypto) to fiat?
What is your preferred method of converting bitcoin (or other crypto) to fiat?
I know this question has probably been asked a bunch of times before, but with the ever-changing crypto landscape, I’m curious to hear everyone’s latest thoughts.
What method do you find most convenient and cost-effective for converting your crypto holdings to fiat currency? CEXs, P2P, Debit Cards… ? Also curious if any new or up-and-coming techniques are on your radar.
Luwis K Answered question June 4, 2024
I would say Binance P2P if you’re from a supported country and have access to the payment methods that are widely used there. You could basically get 1:1 in certain cases (Binance doesn’t have any escrow fees). I don’t believe that’s something you could get when dealing directly with a CEX.
Lashini Fernando Answered question June 4, 2024