Post
Topic
Board Trading Discussion
Re: What is your preferred method of converting bitcoin (or other crypto) to fiat?
by
davis196
on 30/05/2024, 10:55:59 UTC
I know this question has probably been asked a bunch of times before, but with the ever-changing crypto landscape, I'm curious to hear everyone's latest thoughts.

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.


I'm selling BTC for EUR to a company based with Switzerland. No KYC and the fee is 1.3%. Never had any problems with them(so far).
I used a Croatian company to sell my BTC for Euro in the last 5 years, but they started demanding KYC so I left them.
I'm avoiding P2P marketplaces, because there are many scammers(some scammers even have good reviews) and some traders require KYC.
Centralized crypto exchanges are also a thing from the past, the biggest reason for me to dump them is the ID verification requirement.