Cryptocurrency can be exchanged for fiat currency (pounds, dollars, euros) using currency exchange websites and applications.
Some of these exchanges are more reputable than others. Their transaction fees, as well as transparency of operation, are often considered a solid measure of how good the service is.
Some of the common exchanges are currently considered to be:
- Coinbase (often the easiest to get started with)
- Binance
- Bittrex
- Bitstamp
- Binance
- Kraken
- Gemini
It is, however, recommended that you do some research, before deciding which exchange is most suited to your needs.
An upcoming addition to the Cudo Miner platform will allow users to withdraw their balances in fiat currency, or exchange their balances for other cryptocurrencies.
