Post
Topic
Board Trading Discussion
Re: What is your preferred method of converting bitcoin (or other crypto) to fiat?
by
avikz
on 31/05/2024, 17:05:33 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.


Peer to peer trading is the most convenient mode for me to convert the cryptocurrency to fiat currency. I mean I have been using it since 2017 and never faced any significant challenge. Yes there are risk factors involved. But if you know how to find a reliable person to trade with, you should not face any challenge.

People need to be very cautious about the pricing being offered. The highest pricing quotation may not be safe every time. Rather look for rating of a trader and the time of the last trade.