Can cryptocurrency be converted to cash?
You ask yourself, "Can cryptocurrency be converted to cash?" Here's everything you need to know. Cryptocurrency is a form of digital currency which is decentralized and encrypted so that it cannot be altered by any authority. The transactions are performed without intermediaries, hence the term "cashless". In other words, the US dollar does not exist with cryptocurrency; it doesn’t even exist as a physical manifestation. It is a form of digital money or currency which is secured by cryptography. It is the first decentralized, digital currency that uses peer-to-peer technology to facilitate instant payments. It allows you to make worldwide transfers immediately, with almost no transaction fees. Cryptocurrency was the talk of the town in the year 2017 when its price went through the roof like never before. Its increasing popularity led to investors investing millions of dollars into cryptos and leading it to become a mainstream investment tool. You may have hea...