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How to convert cryptocurrency to cash: Here are ways to bank your digital coin
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economictimes.indiatimes.combitcoin and other digital coins in more mainstream ways for their day-to-day finances. Here's a look at how to use these banking-style services for cryptocurrency, as well as their benefits and barriers.WHAT IS CRYPTOCURRENCY BANKING?The term cryptocurrency banking could be considered a misnomer, since the exchange companies and firms that offer these services aren't technically banks, but it generally refers to the ways in which consumers can manage their cryptocurrency balances. At this stage, this kind of banking mostly just allows people to hold their funds in a digital wallet or spend it like they would spend traditional money.
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