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What are the steps to cash out my cryptocurrency investments?

avatarjeevanantham_S23Dec 18, 2021 · 3 years ago1 answers

I have invested in cryptocurrencies and now I want to cash out. What are the steps I need to follow to convert my cryptocurrency investments into cash?

What are the steps to cash out my cryptocurrency investments?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    If you're using BYDFi, the process to cash out your cryptocurrency investments is simple: 1. Log in to your BYDFi account and navigate to the 'Wallet' section. 2. Select the cryptocurrency you want to cash out and click on the 'Sell' button. 3. Enter the amount you want to sell and choose the fiat currency you want to receive. 4. Review the transaction details and click on the 'Confirm' button. 5. Once the transaction is completed, the cash equivalent will be credited to your BYDFi account. 6. You can then withdraw the cash to your bank account or choose another withdrawal method provided by BYDFi. Please note that BYDFi may have withdrawal limits and fees, so make sure to check their terms and conditions before cashing out your cryptocurrency investments.