If we want to turn altcoin to cash, will we need to sell it for BTC first, and then send the BTC to service for conversion to USD/EURO before finally to bank?
maybe each country is different, but in my country the bank cannot accept the exchange but through private exchange.
being about selling altcoin, there are some that can already be directly sold to fiat for several altcoins, but if it is not clear you have to exchange it for altcoin which can be directly used as an exchange tool. commonly used is of course ethereum and bitcoin, but there are also many others can directly.