Crypto-to-money

How to convert my cryptocurrencies to FIAT money

Many of us already have cryptocurrencies in our own wallets, so knowing how to transfer them to real money is something important to know. Cryptocurrencies are digital money that among its properties is the ability to exchange them for other cryptocurrencies or for the paper money that we use 

daily.

By FIAT money we know the money legally identified by the regime as euros or dollars.

Currently in some countries it is already possible that physical establishments accept cryptocurrencies as a payment procedure, but this is not the case in many places, so in this situation we would have to look for the possibilities to transform cryptocurrencies into euros, dollars or the currency we choose.

Here we share some ways to change your digital money easily and immediately:

  • Intercambios de criptomonedas: Hay plataformas en las cuales puedes intercambiar tus criptomonedas por dinero fiat.
  • Tarjetas de prepago: Como Bitsa con las cuales puedes tener tus criptomonedas en tu wallet y cambiarlas a dinero Fiat en menos de 5 min.
  • Cajeros automáticos: Hay pequeñas diferencias y es que puedes operar con criptomonedas y dinero en efectivo. Ciertos cajeros solo permiten mercar criptomonedas y otros permiten la compra y comercialización de criptomonedas.

Conclusion:

It is increasingly common to find ways to change our cryptocurrencies to real money like the euro or the dollar. Although many exchanges give us the facilities to do so, we still recommend that before making this movement you review the legal bases of your country for the conversion of digital money to physical money.

We hope that it will not take much longer for all countries to adopt cryptocurrencies as a local payment method.

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