Yes, cryptocurrency can be converted into cash. There are several methods to do this, with each having its own pros and cons. Some of the most common methods are:
- Converting through exchanges or brokers, where you transfer your cryptocurrency to a platform that can sell it for cash or fiat currency.
- Converting through peer-to-peer platforms, where you find a buyer who is willing to pay you cash for your cryptocurrency.
- Converting through Bitcoin ATMs, where you can deposit your cryptocurrency and withdraw cash.