Exchanging Bitcoin for USD is one of the most popular methods for cryptocurrency holders and traders in Ukraine. You can utilize the services of offline locations or online exchanges. However, it's essential to ensure that the latter have sufficient reserves and websites with simple navigation and high security levels.
There are several options for exchanging Bitcoin for cash at favorable rates through various platforms, not just offline locations.
Exchanges: This option allows not only exchanging digital currency for cash but also quickly withdrawing funds to a card. The fees of such platforms are moderate. However, it`s necessary to register and verify an account on the website. Downsides include regulation by government bodies and limits on amounts. Alternatively, decentralized platforms can be used, where exchanging BTC to USD via electronic wallets is simpler, virtually without restrictions, and with anonymity.
Exchange offices: If you visit an exchange office, you can easily exchange Bitcoin. Importantly, there`s no need to register on the website or undergo verification. Additionally, exchange offices offer favorable rates with small fees.
P2P sites: This method involves buying cash from other users for crypto without intermediaries. The main advantages are anonymity and the ability to choose a favorable exchange rate. However, difficulties include the need to find a counterparty for the transaction.
Crypto ATMs: A modern solution allowing for exchanging coins and purchasing cash with confidentiality. The main drawback is the relatively high fees.
Obmify is a reliable monitoring service with a user-friendly website and favorable rates, where you can find an exchange for conducting monetary transactions in various directions. If you want to exchange Bitcoin (BTC) for USD at the Obmify online exchange point, just follow these simple steps:
Select the appropriate currency for exchange (Bitcoin) in the "Give" field and the fiat currency you want to receive in the "Receive" field. If the desired currencies are not listed on the website, contact customer support for assistance.
After that, a list of exchange points where you can exchange in the desired direction will appear on the screen. Compare the offers and exchange rates, and then choose the best exchange.
To complete the exchange of cryptocurrencies for cash, confirm the action. After that, you will be redirected to the exchange point's website, where you can make the transaction with the pre-selected criteria for the exchange rate and amount.
Obmify was created with maximum user convenience in mind. Thus, you can see the limits, rates, and reserves of a specific online exchange point for the desired exchange direction. Suitable exchange options are displayed on the page, while exchange points that do not meet your requirements are highlighted in gray.