Bitcoinsxchanger facilitates in converting the cryptocurrencies as mentioned above for USD, and then withdraw to a payment method, such as a bank account. This platform is currently the easiest way to convert altcoins to dollars. Here’s how you can buy Dogecoins and other digital coins: Find a cryptocurrency exchange platform and make an account. One of the most popular ones is Binance. After registration, the platform will check your application. Later, it will ask you to confirm your identity. Link your account to your debit or credit cards.

How to cash Ethereum out. Part 1

While Bitcoin is the most popular form of cryptocurrency, Ethereum (ETH) comes in at a close second. It’s traded across nearly all exchanges and is becoming quite mainstream. Thus, to keep up with its popularity, methods have been devised for converting ETH to usd (or any other fiat money) and vice versa.

Many people have gotten their hands on Ether, but the majority of businesses don’t accept cryptocurrency as a form of payments – and the ones that do typically just take Bitcoin. So, if you are interested in how to cash out Ethereum, keep reading – we’ll show you the most tried-and-true methods.

Coinbase

One popular method for cashing out Ethereum is Coinbase. Signing up for an account is pretty easy – all you must do is provide your full name and a verifiable email address, and then create a password. Later, for security reasons, you will need to provide your phone number to get 2-factor authentication set up.

When you use Coinbase, you can get Ethereum by trading it versus other pairs of cryptocurrency – or you can bring it in from any other external crypto account. Then, use the platform to convert it to whichever fiat currency you desire and transmit money to your PayPal or bank account. Typically, the process is completed within 1-7 business days.

Keep in mind, though, that Coinbase takes the security of its customers very seriously, so they use strict Know Your Customer measures. Between those and Coinbase’s procedures that prevent money laundering, you will need to turn in proof of ID to increase limits. Plus, the account is tied to your personal bank – so, if you want to make private transactions, this might not be the service for you.

For most Coinbase fees, see the table below.

Europe
Standard Buy/Sell	Instant Buys (debit card only)	Bank Transfers (SEPA) – in/out*
1.49%	3.99%	Free/€0.15
UK
Standard Buy/Sell	Instant Buys (debit card only)	Bank Transfers (SEPA) – in/out*	Faster Payments
1.49%	3.99%	Free/€0.15	Free
Australia, Canada, Singapore
Credit/Debit Card Buys
3.99%

Pros and Cons of Coinbase

Some pros of using Coinbase to cash out Ethereum include:

Great reputation
Easy to use
Well regulated
Optimized mobile application

On the other hand, there are a couple of disadvantages, namely:

How To Turn Cryptocurrency Into Real Money

Little privacy
Higher fees than on other exchanges
Smaller ranges of fiat currencies than on other exchanges

How to Convert Ethereum to Cash with Coinbase

To sell any kind of cryptocurrency with Coinbase, including Ethereum, click the website or the apps Trade button. Then, select “Sell” and choose the type of crypto (Ethereum, in this case) that you want to convert to cash. Select the fiat currency wallet you wish to sell ETH to (for instance, a USD wallet), and click on “Withdraw.”

LocalCryptos

LocalCryptos (previously named Local Ethereum) enables its users to purchase and sell Ethereum and other cryptos using 40+ payment methods. There are no middlemen involved; when you cash out Ethereum on LocalCryptos, you are selling directly to the buyer. Most trades take less than ten minutes to complete.

LocalCryptos is available to users worldwide, whereas Coinbase was only accessible in select countries. Fees for this service are pretty low – there is a 0.25% escrow fee if you create an offer or a 0.75% fee if you respond to one.

Currently, there are 3 cryptos available to buy and sell on LocalCryptos: Ethereum, Bitcoin, and Litecoin. However, the website mentions that more forms of crypto will be supported soon.

Pros of Cons of LocalCryptos

Some pros include:

Many payment variations are available
Speedy exchanges
Human-to-human marketplace
Escrow service

The cons are:

Limited forms of crypto, for now
No mobile app

How to Convert Ethereum to Cash with LocalCryptos

If you’d like to go with LocalCryptos to convert Ethereum to real money, here’s how to do it.

First, create an account on LocalCryptos – you can create a login or choose to sign up by using an existing Ethereum wallet. Next, check out the buying and selling offers. To make this easier, you can filter bids by currency, payment method, popularity, and location. Additionally, you can make your own selling bid and wait for users to find you.

When you find conditions that you’re happy with, open up a trade with the user. You can input the total amount of Ethereum that you’d like to convert to cash. The other user will be notified; you’ll typically move forward in the process in less than two minutes.

The crypto will be put in escrow, and the buyer will transmit funds to the seller outside of LocalCryptos. After payment is confirmed and you have your cash, the crypto will be released to the buyer.

Kraken

Kraken is a US-based comprehensive crypto trading system that has an elegant, intuitive platform. The site is suitable for both beginners and veteran crypto traders. There are advanced options you can use during trades to take advantage of crypto volatility. On the flip side, there are also simple form versions and a plethora of cryptocurrency resources available.

Kraken uses a unique fee-structure: a 30-day maker/taker schedule with incentives for trading in large volumes.

30- Day Volume	Maker	Taker
$0 – $50,000	0.16%	0.26%
$50,001 – $100,000	0.14%	0.24%
$100,001 – $250,000	0.12%	0.22%
$250,001 – $500,000	0.10%	0.20%
$500,001 – $1,000,000	0.08%	0.18%
$1,000,001 – $2,500,000	0.06%	0.16%
$2,500,001 – $5,000,000	0.04%	0.14%
$5,000,001 – $10,000,000	0.02%	0.12%
$10,000,000+	0.00%	0.10%

Pros and Cons of Kraken

Some of Kraken’s advantages include:

Cash is credited to users quickly
The website is beginner-friendly
Fees are transparent
It is compatible with many forms of cryptocurrency and fiat money

The downsides are:

According to some reviews, the customer service team can be slow to respond
Due to the huge number of users, the server can be slow, and orders might fail
Account verification is often delayed

How to Convert Ethereum to Cash with Kraken

According to Kraken’s s

How To Convert Cryptocurrency To Real Money