How to anonymously cash out cryptocurrency, the best options
Working with cryptocurrency is becoming easier and more profitable every day. Today, digital money can be exchanged for real money, withdrawn to a card, or cashed out.
If you want to remain completely anonymous, then converting your cryptocurrency into cash is your best option.
Unlike withdrawing to a card, you don't need to provide your details, so no one will count your money or ask where you got it.
The most popular options for exchanging cryptocurrency for cash are withdrawals through exchange offices or cash withdrawals from crypto ATMs.
We exchange cryptocurrency for cash in real time
If you prefer to avoid electronic devices and work with people, it's easier to exchange cryptocurrency for real money through one of the online exchangers:
You can find a similar exchange office on the exchange monitoring website - https://www.bestchange.ru/ and select the city you need.
Then, go to the exchanger's website, fill out an application, and pick up your cash at the specified address. The actual cryptocurrency transfer process depends on the exchanger you choose.
This is the most profitable option, as you can exchange cryptocurrency directly for currency, rather than for the currency of your country. Paradoxically, the exchange rate is also quite attractive: sometimes you can get 1,006 US dollars for 1 USDT.
The disadvantages of this method include: many exchange offices require you to first transfer cryptocurrency and then come to receive the money; the exchange option is only available in large cities; and sometimes, when exchanging more than $1,000, you are required to present an ID.
We use cryptomats (Bitcoin ATMs)
Crypto ATMs are devices that allow you to exchange cryptocurrency for cash in a fully automated manner:
To start an exchange, you need to find a crypto ATM in your city, then go to the device, select the cryptocurrency you want to exchange, scan the code, and complete the token transfer.
During the process, you receive a receipt with a barcode, which you can scan to withdraw cash. The entire transaction usually takes no more than a few minutes. Personally, I find it quite simple; crypto ATMs have an intuitive interface, making it easy to navigate.
The disadvantages of crypto ATM exchanges include high commissions (2 to 4 percent), cash withdrawals in the exchange country's currency, and a limited selection of cryptocurrencies available for exchange.
In some situations, converting cryptocurrency to cash is a better solution than withdrawing to a bank card. It's also worth noting that using the above options, you can also purchase the desired cryptocurrency.
