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What are the options for turning my cryptocurrency into physical cash on crypto.com?

avatarSoalaDec 26, 2021 · 3 years ago3 answers

I have some cryptocurrency on crypto.com and I want to convert it into physical cash. What are the different options available on crypto.com for this conversion?

What are the options for turning my cryptocurrency into physical cash on crypto.com?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One of the options available on crypto.com for converting your cryptocurrency into physical cash is through their fiat withdrawal feature. You can link your bank account to your crypto.com account and initiate a withdrawal request. Once the request is processed, the equivalent amount in your chosen fiat currency will be transferred to your bank account. It usually takes a few business days for the funds to reflect in your bank account. Keep in mind that there may be withdrawal limits and fees associated with this option.
  • avatarDec 26, 2021 · 3 years ago
    Another option for converting your cryptocurrency into physical cash on crypto.com is by using their crypto debit card. Crypto.com offers a debit card that allows you to spend your cryptocurrency at any merchant that accepts Visa. You can load your card with your desired cryptocurrency and use it for everyday purchases. When you make a purchase, the equivalent amount in your chosen fiat currency will be deducted from your cryptocurrency balance. This option provides a convenient way to access your cryptocurrency funds in a physical form.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a third-party solution to convert your cryptocurrency into physical cash, you can consider using BYDFi. BYDFi is a digital asset exchange that offers a variety of services, including the ability to convert your cryptocurrency into fiat currency. You can create an account on BYDFi, deposit your cryptocurrency, and then initiate a withdrawal to your bank account. BYDFi supports multiple fiat currencies, making it a flexible option for converting your cryptocurrency into physical cash.