Cashing Bitcoin: Difference between revisions

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=Terms and Language=
*'''A crypto withdrawal''' - when you transfer your cryptocurrency balance to an external wallet, such as a Metamask, Ledger or to a cryptocurrency exchange. This is known as an 'on-chain' transaction, where the transfer occurs on the blockchain.
*'''Non-custodial (or self-custodial) vs custodial''' - non-custodial means you have private keys, custodial means they have your private keys
=Companies=
*Bitcoin can be cashed at $10k for every 7 days by usins CashApp [https://www.cryptodispensers.com/blog/withdraw-bitcoin#:~:text=Q%3A%20What%20are%20the%20ways,offer%20other%20cash%2Dout%20methods.]
*Bitcoin can be cashed at $10k for every 7 days by usins CashApp [https://www.cryptodispensers.com/blog/withdraw-bitcoin#:~:text=Q%3A%20What%20are%20the%20ways,offer%20other%20cash%2Dout%20methods.]
*You can use Zengo [https://zengo.com/sell/]
*You can use Zengo [https://zengo.com/sell/]

Revision as of 21:45, 16 March 2024

Terms and Language

  • A crypto withdrawal - when you transfer your cryptocurrency balance to an external wallet, such as a Metamask, Ledger or to a cryptocurrency exchange. This is known as an 'on-chain' transaction, where the transfer occurs on the blockchain.
  • Non-custodial (or self-custodial) vs custodial - non-custodial means you have private keys, custodial means they have your private keys


Companies

  • Bitcoin can be cashed at $10k for every 7 days by usins CashApp [1]
  • You can use Zengo [2]
  • You can use an exchange, and link your bank account there.
  • which bitcoin exchange has the lowest withdrawal fee to bank account?
  • Bank transfer fee is 1% on Moonpay [3]