What the best way to cash out to fiat

Mining & Hardware
#1

Im a little new but really trying to learn enough to invest big. When its time whats the best way to withdraw into usd fiat?

currently I have
blockfi
exodus
freewallet
metemask
cryptodotcom

1 Like
#2

Send to blockfi, ach transfer to your bank.

#3

Never, maybe withdraw into a stable coin USDC, USDT but I would highly recommend not converting ever back to fiat. What was the Purpose of converting your fiat to crypto in the first place that should be the question you should have your self revisit.

#4

CRO has their own debit card if you wan to spend

#5

Cryptodotcom is best app by far

#6

As of now blockfi does Not show me the option to withdraw or fund my account to my bank. fyi im in Mississippi

#7

I agree with u y take it out just exchange it to usdc or usdt so your ready for your next move

1 Like
#8

Great info, so yall are suggestion never to convert it back to fiat, just spend it from cryptodotcom debit card.?

I feel like blockfi is a better investment for USDC because its compounded every month.

and im still trying to figured the advantages of metamask for me, just seems like another place to pay gas fees.?

1 Like
#9

Metamask is a gateway to other programs and exchanges. Metamask partners with other services and streamlines the connection of their wallet to certain crypto sites. If there is one thing I have learned, is to lock down your Metamask wallet due to numerous people getting their accounts hacked. It’s recommended to use a cold wallet and always lock your Matamask account when done using by clicking on the “locked” button on the top right corner.

1 Like
#10

Correct me if I’m wrong as I buy amd hold BTC and ETH with blockfi, I don’t think BlockFi has USDC? And if your mining something that is not traded on BlockFi you have to convert it to something that is first, right?

#11

Thanks i just locked my metamask. And yes blockfi does have USDC and I have some there. Could be different in other states of countries possible ive read.

As for metamask I sure in will come in handy. Any suggestion on the XMR in holding?

1 Like
#12

yep and even stake it while your waiting passive income

#13

cryptodotcom defi wallet has high ARY on USDC 28%-32%

#14

MONERUJO wallet ap on IOS or Android

#15

Call me old school. I wouldn’t touch 90% of the suggestions in this chat.

I like to use my ol’pal his name is CASH

https://coinatmradar.com/

And I get it, you want to do a lot of money and the machine will only give you $900 tax free off the record per day. So you have to go to the ATM machine 100 times to get your stack of $90,000 … ohhh booo hooo how awful and hard life must be that a stack of cash is a burden. You get my point.

I started with cash and exit with cash. No names, no tax trails. The ATM’s know you as a cell phone # .
To make it even easier I’ll spell it out. Get Electroneum (ETN), Go to Sprint online, Buy a phone and pre-paid terms with the crypto from Africa or Asia, have it mailed to you under a fictitious name. Use that phone at the BTC ATM. Do Not download a phone wallet. Use an online website that requires no KYC (or anything) to withdraw. Use that web site as a wallet, from your phone, to make the BTC ATM sales.

I know that all sounds weird. But I didn’t start in with crypto to pay taxes so drones can secretly bomb people or governments can force little boys to wear dresses. No one ever said Revolutions would be easy. And I get it, most crypto folks don’t want to acknowledge or admit they are part of a Revolution. If we hold crypto as a valued asset we do so in open defiance of our National Currencies because our Nations are failing. So to pay tax is oxymoronic IMO. Of course, if personal greed is a persons motive then I guess all that is void and counterproductive.