Post
Topic
Board Trading Discussion
Re: Do you have a Bitcoin exit strategy?
by
orions.belt19
on 21/03/2021, 14:22:36 UTC
Hi, this is my 1st post and not sure if I can ask this here.
But my question is,  how do I find out the least expensive way to sell BTC back into US fiat.
I have Coinbase and Binance.us that I can easily use but are there alternatives? And how much should I expect to pay?
I realize volatility factors in. Is there a place to track fees?
I guess this fits in with the exit strategy question, but not sure. And I'm not sure I am asking the right question.

In Binance, I think there's an option for you to put up sell ads in P2P trading allowing you to sell your BTC back into fiat to other binance users and they can pay you thru your preferred payment method or directly to your bank account. You can also set your own rate, so you can sell it for a higher price (assuming that buyers will take it). For me, this is the best option without having to go thru fees or taxes and whatnot and since you can have it transferred directly to your bank.