A Step-by-Step Guide: How to Convert Bitcoin & crypto to Cash
Learn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conversion. Secure and simple!
Cryptocurrency gains are exciting, but their real power is converting them into usable cash. To help you do that, let's examine the different methods for cashing out cryptocurrencies and how each method differs. We'll explore multiple methods you can use to sell your Bitcoins in India.
How to Convert Crypto to Cash: 3 Most Popular Methods
There are several ways to convert your crypto assets into fiat currency. Let's explore popular options, including centralized exchanges, Bitcoin ATMs' convenience, and peer-to-peer marketplaces' flexibility.
1. Use an Exchange to Convert Your Crypto
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»You can use aCentralized Crypto Exchange platform to sell crypto.
Here’s how it works
You can deposit your crypto funds in the platform using the currency of your choice.
- The exchange then holds onto your funds.
- You can place a sell order to sell a cryptocurrency at a specific price or at the market price.
Let's understand how to convert cryptocurrency to cash using a Centralized Exchange. We'll use Bitcoin and Mudrex as examples.
- Check Conversion Rates: Use Mudrex's BTC/INR converter or
