How much does it cost for you guys to convert to fiat, and is the converting process convenient for you?
I'm new to mining and over the past 3 months and mined about $500 of various cryptos. They are converted to btc on Poloniex, moved to Gemini, then converted to USD and withdrawn to my bank.
My bank fees are about 8% unfortunately. I'm in Hong Kong and have no easy access to US banks or btc to Amazon gift card services. Any tips on lowering these fees?
About 3 to 4 percent, I have basically the same problem as you since those fees come from my bank, Im trying to see if other banks have lower fees but, when you talk about bitcoin, they don't even know what Im talking about, so it has been difficult to know if other banks offer better rates.