Cryptocurrency is becoming more and more popular among a lot of people. After buying it, many have a question: “And how do you make a withdrawal?”.
There are 3 options:
- to stablecoin;
- to the card;
- as a cash.
Let's go through each option with Any.Cash.
Any.Cash is a multi-currency wallet in Telegram, where you can withdraw funds in a few clicks. Transfers can be made both to Visa and MasterCard cards, and to electronic wallets, such as: Perfect Money, WhiteBIT Code, KUNA. You can work with such cryptocurrencies as: BTC, ETH, USDT, TRX, LTC and with such fiat currencies as: dollars, hryvnias, Kazakhstani tenge.
Fiat VS cryptocurrency
One way to cash out cryptocurrency is by selling it for fiat, transferring funds to a credit or debit card and withdrawing them from an ATM.
Fiat is the currencies used as the primary way of conducting transactions (USD, UAH, EUR, KZT). The exchange value, as well as the rules for the use of such currencies, is established by the Central Bank of a certain country. For example, dollars are controlled by the Federal Reserve System of the USA.
In addition to fiat, there are stablecoins. They are called "cryptodollars", because even though they circulate on public blockchains, their value is tied to an underlying asset, and usually it is US dollars. The most popular stablecoin is Tether (USDT).
How to withdraw funds to stablecoins?
Go to the Any.Cash cryptowallet and select the "📊 Exchange" function.
How to withdraw cryptocurrency to the card?
Select the "💼 Wallet" function.
How to withdraw cryptocurrency and cash it out?
Select the "💼 Wallet" function.
Conclusion
Every year it becomes easier to withdraw cryptocurrency; the main thing is to choose the best option for you and pay attention to the terms of the agreement. For convenience, create an Any.Cash wallet so that all the features you need will always be at hand.
