Post
Topic
Board Trading Discussion
Re: What is your preferred method of converting bitcoin (or other crypto) to fiat?
by
GreatArkansas
on 29/05/2024, 00:45:13 UTC
(...)
What method do you find most convenient and cost-effective for converting your crypto holdings to fiat currency? CEXs, P2P, Debit Cards... ? Also curious if any new or up-and-coming techniques are on your radar.
If you are living in a country that is not that really strict, P2P is the best. You can save more money from fees or spread. Because some methods are very expensive, you can lose more compared to using P2P.
First what I am doing is converting to stable coin then sell it to P2P or direct from what I hold and supported in P2P and immediately sold it for fiat.