Andrea
Sat Jun 08 2024
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6 answers
1146
Can crypto be turned into cash?｜. You create an account on the exchange, deposit your Bitcoin, set up a sell order, and once it's filled, you can withdraw the cash to your bank account.A cryptocurrency exchange is an online platform that allows you to trade or sell your Bitcoin for fiat currency, such as U.S. dollars or other traditional currencies
Could you please elaborate on the process of converting cryptocurrency into cash? I'm interested in understanding how creating an account on an exchange, depositing Bitcoin, setting up a sell order, and withdrawing the cash to a bank account actually works. Additionally, could you explain what a cryptocurrency exchange is and how it facilitates the trade of Bitcoin for fiat currencies like U.S. dollars?
