A common way to cash out Bitcoin is through a third-party exchange, such as Coinbase, Kraken, or Bitstamp. ... Most platforms allow you to cash out only with the bank account you used to deposit funds. This means that you need to deposit a small amount of fiat first to be able to make a withdrawal.
I think we should have our local exchange to make the withdrawal easier because we can withdraw directly to our bank account in local exchange.
External exchanges such as Binance, Coinbase, Kraken, etc are good, but local exchange is better and faster on withdrawal.