Converting Crypto to Cash: Easy How-To Guide

How to realize profits and sell your cryptocurrencies.

As 2024, it is impossible to sell USDC through MetaMask. Therefore, the best and cheapest way to convert crypto to cash is to transfer the cryptocurrencies to Binance and swap them for fiat money.

Before going into Binance, you must withdraw your USDC from Growi.HF to your MetaMask wallet, and transfer them to Binance.

Once you have USDC in MetaMask, you can go to Binance.

1) Go to Binance, click on Deposit and select the Deposit Crypto option (not Buy or Transfer).

2) Select USDC on the Arbitrum One network and get the deposit address provided by Binance.

3) Once we have selected the network and Binance has provided us with the deposit address, we can go to MetaMask.

First of all, select the Arbitrum One network.

You must then click on the send button and enter the deposit address provided by Binance.

Once the address has been entered, two dropdowns will appear where we must select the asset we want to send (USDC from Arbitrum One) and the amount of the asset.

Finally, you must confirm the transaction and wait for it to complete, which usually takes less than a minute. Both MetaMask and Binance will notify us when the transaction is successful.

4) The only thing left to do is sell USDC in Binance using the convert button in the trading dropdown, then withdraw the money to our bank account.

Alternatively, you directly sell USDC and send the fiat amount to your bank account using the Buy & Sell button.

This is the investment process that we recommend following for people who want to get into investing in digital assets and in the ecosystem of decentralized finance because it offers a balance between security, simplicity, and low cost.

Anyway, we remind you that in our medium account, you can find articles in which we compare different methods to buy and sell cryptocurrencies.