Last updated on March 29th, 2024 at 04:12 pm
With the potential for massive returns, decentralization, quick access to funds, and innovative technology, crypto investments have become more attractive than ever. However, it's also important to remember that these types of investments come with risks and uncertainty; therefore investors should thoroughly research their options before investing.
In this article, we will list the best websites for investment and tell you how to trade fiat-crypto pairs. Many beginner users wonder, “Can cryptocurrency be converted to cash?” To make it simpler to buy crypto and sell it, large crypto exchanges offer users the ability to use fiat currencies such as USD, EUR, and GBP. Such an easy process requires customers to undertake a Know Your Customer (KYC) procedure including linking their bank account or credit card to deposit/withdraw funds when needed.
Take a look at the most prominent platforms where you can buy crypto with cash and withdraw fiat to your card:
- Binance
- Huobi
- Coinbase
- Kraken
- OKEx.
Let’s take a closer look at some of them.
Table of Contents
Coinbase
With Coinbase, users have access to numerous advantages that make it an ideal platform for buying, selling, and storing cryptocurrency. From its incredibly intuitive interface to the wide range of supported cryptocurrencies and robust security measures protecting users' investments – not forgetting high liquidity – Coinbase is a great choice for crypto traders of all levels.
Coinbase provides an easy entry point into cryptocurrency investing while offering features tailored towards more experienced investors too. With a nominal fee of 1%, the platform offers an extensive selection of digital coins, as well as facilitates fiat-crypto conversion.
WhiteBIT
This European market's foremost cryptocurrency exchange provides over 250 traded pairs and the lowest commissions – 0.1%. With two versions for both novice and experienced traders which include basic and advanced trading tools, users can rest assured that their funds are securely stored offline to meet all sector requirements. WhiteBIT offers a user-friendly crypto converter calculator for trading. Here are simple steps on converting crypto to cash using WhiteBIT:
- Enter your account
- Go to the crypto converter
- Select the needed pair (for example, LTC to EUR)
- Pay the commission and consider the bank’s fees.
- Withdraw funds to your bank account.
WhiteBIT's blog provides engaging content and tutorials on cryptocurrency investments as well as the newest projects in the market. Whether you're a novice or an experienced trader, this blog is sure to be of interest.
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