Has the latest crypto crash and the possibility of an impending crypto winter got you spooked? If so, you’re not alone. With Bitcoin and Ethereum tumbling in 2022 amidst the one-two-punch of rising interest rates and soaring inflation, some crypto holders may be looking to cash out their assets before they fall any further.
Thankfully, withdrawing crypto is often fairly painless, although the level of ease will vary depending on the platform that you use. To cash out Bitcoin, you’ll first sell it using your preferred crypto exchange, a payment platform, or Bitcoin ATM. From there, you’ll withdraw funds to your bank account.
Keep reading to learn more about cashing out bitcoin to your bank account, with examples for some of the most popular crypto exchanges today.