Bitcoin (BTCUSD) is often referred to as digital crypto and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy.
How do I cash out crypto?
If you want to cash out bitcoin to your local currency, you have a fairly simple process ahead. First, you sell your bitcoin and other cryptocurrencies using your preferred cryptocurrency exchange. From there, you withdraw funds to your bank account.