Hello,What are the best ways to convert cryptocurrency to cash or buy merchandise? Some cryptocurrencies seem to be more widely accepted and thus have better liquidity, however, what are the typical options?
at the moment Bitcoin is the widest accepted cryptocurrency. I actually don’t know of other cryptos that are accepted aside from it at stores. Here’s a list of merchants accepting Bitcoin.
Regarding converting Bitcoins or other cryptos into fiat money – it’s just a matter of selling them on an exchange on to an individual. You can read our complete buy / sell guide here.