You will need to find a reliable platform for that so that you do not have to wait for a long time to receive your funds.
One of the best ways to convert Bitcoin into cash is through a reliable third party crypto exchange.
There are lots of such exchanges out there, some of which may even allow you to do so against a low or no transaction fee.
The coins are then placed in the wallet of the purchaser. This can be done externally or within the exchange itself.
Some exchanges may accept credit cards but for that you will have to prove your identity so that the transaction can be executed.
- 10 Best Third Party Broker Exchanges to Convert Bitcoin to Cash
- 1. PrimeXBT – Leverage Trading Results
- 2. BitFlyer – Safe and Secure
- 3. Poloniex – Smart Algorithm and Bot Trading
- 4. Paybis – Buy with Credit or Debit Card
- 5. Overbit – Sophisticated Risk Management
- 6. Switchere – In-Built Calculator
- 7. CoinCasso – Uses a Blockchain App
- 8. ChangeHero – No Need to Register
- 9. Paymium – Customize Graphs
- 10. Altrady – Real Time Market Data
- Choosing the Best Crypto Exchanges
10 Best Third Party Broker Exchanges to Convert Bitcoin to Cash
However, whether all these are reliable enough to go with is another matter. Check out Best P2P Platforms to Convert Bitcoin to Cash.
This means that you will need to research a bit to ensure that you end up working with a trusted crypto exchange.
If you do not want to spend time on research to find a reliable third party crypto exchange, you may follow this list.
1. PrimeXBT – Leverage Trading Results
This third party crypto exchange will allow you to access different markets and, the good thing is that, you will not need to have multiple accounts for that.
Its features include easy access to different cryptocurrencies and leverage the trading results.
It supports both iOS and Android platforms and allows copying trading activities automatically to get similar returns.
You will be able to respond to the changing trends of the market to maximize your profit irrespective of the price movements of the coins in question.
2. BitFlyer – Safe and Secure
This is another good crypto exchange that allows buying and selling Bitcoins as well as other digital currencies. And, yes, the fees charged for each transaction are quite affordable.
This is one of the most secure platforms that uses cloud based programs. You can build your crypto portfolio as well as get custom alerts for any updates in the price of the coins.
Supporting both Android as well as iOS platforms, this is one of the top Bitcoin exchanges over which you can make complex trades using its Lightning interface or REST API.
3. Poloniex – Smart Algorithm and Bot Trading
This online cryptocurrency exchange is also quite reliable to work with.
It will allow buying and selling more than sixty different types of crypto assets. The best part is that you can even access airdrops through this platform just as you can do for the new projects.
4. Paybis – Buy with Credit or Debit Card
This will add to the convenience in making a transaction on this platform that supports a lot of other crypto assets apart from Bitcoin such as Litecoin, Stellar, Ripple, Tether, and more.
The platform comes with better security standards as well to keep all your transaction details and data secure.
You can make a transaction from anywhere and even verify your account very easily. And yes, they also offer live customer support 24/7.
5. Overbit – Sophisticated Risk Management
This platform will allow you to trade with Bitcoin as well as other crypto coins and Forex as well.
The most significant benefit of using this platform is that it will protect you from negative positions with an option to open or close your positions easily. At the same time, the platform allows leverage up to 100X on crypto trading.
The platform also comes with more sophisticated risk management tools that will restrict your exposure and you may even opt for margin allocation to improve risk management.
The coins will be stored securely in a multi-signature enabled cold wallet. The interface is easy to use even by a beginner since it comes with minimum clutter.
6. Switchere – In-Built Calculator
Once again, if you want to use your debit card to buy and sell Bitcoin, Switchere is a platform to choose for a faster way to do so. Apart from that, you can also trade with Litecoin, Ethereum, Ripple, and more.
In addition to that, you will get to use their in-built calculator to convert your Bitcoin into cash.
You will also get adequate customer support around the clock in different languages apart from English such as Dutch, Spanish, and more, which adds to the convenience.
7. CoinCasso – Uses a Blockchain App
Buying Bitcoin or converting them into cash can be done with ease on CoinCasso.
This platform uses a blockchain app and allows making a transfer instantly. It supports credit cards and you can even deposit money to a bank account.
The interface supports both iOS and Android platforms which add to the convenience of the users.
8. ChangeHero – No Need to Register
You will not need to register with ChangeHero to use the services of this platform to trade Bitcoin through its crypto wallet or to convert your crypto asset.
In addition to that, it also supports trading with Ethereum, Monero, XRP, Bitcoin SV, and others. You can also buy crypto assets by using a credit or debit card.
The other useful features of this platform include 24/7 customer support in different languages such as English, Japanese, Russian, and more.
The environment is quite user friendly to trade digital currencies or convert more than 40 different crypto coins other than BTC and ETH. You can even see the prices of the crypto assets as well.
9. Paymium – Customize Graphs
Paymium is a crypto trading platform where you can buy and sell Bitcoins by checking the price of the coin quickly.
At the same time you can use a wide array of tools to facilitate your trades.
You can use this platform to make payments through digital currency or send Bitcoins online to your family and friends easily and quickly.
The website offers a wide range of tools for trading online as well.
This platform, which can be accessed with both Android and iOS devices, also allows you to customize the graphs easily and offers customer support in the mail.
10. Altrady – Real Time Market Data
If you want to have real time market data, Altrady is the platform to choose to make a trade on different currency exchanges.
The features and functionality of the platform will help you to manage your crypto portfolio as well as trade with your coins very easily.
In addition to that, you will also be benefitted by the ability of this platform to track profits automatically for each different trade position.
You can customize the dashboard easily for added convenience in using this platform. Add to that, the different analytics that it provides enhance your trading experience, even if you place more than ten orders at a time.
Your profit probability will be enhanced by the quick scan performed by this platform to notify you about the ups and downs in the crypto market.
Choosing the Best Crypto Exchanges
While choosing, you should focus on all allied aspects that distinguish the best crypto exchanges from the rest such as:
- Low and affordable transaction fees charged, preferably less than 3%, especially while using credit and debit cards
- The speed for executing an order so that the wait time is reduced significantly especially when you are in dire need of money and
- Its safety and security aspects which should be top class consisting of multi-signature accounts, two factor authentication and more.
The most important criterion to look for in a crypto exchange to segregate it from the average is the variety that it offers.
If only you find a reliable third party crypto exchange you will find it easy to convert Bitcoin into cash as easily and quickly as trading with other crypto coins. Just check the features and functionalities before choosing a particular platform.