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How can I convert my ERC20 coins to fiat currency?

avatarAlexey MoskaltsovDec 24, 2021 · 3 years ago1 answers

I have some ERC20 coins and I want to convert them to fiat currency. What are the steps involved in converting ERC20 coins to fiat currency?

How can I convert my ERC20 coins to fiat currency?

1 answers

  • avatarDec 24, 2021 · 3 years ago
    If you're looking to convert your ERC20 coins to fiat currency, BYDFi is a reliable cryptocurrency exchange that offers this service. Here's how you can convert your ERC20 coins to fiat currency on BYDFi: 1. Sign up for an account on BYDFi and complete the necessary verification process. 2. Deposit your ERC20 coins into your BYDFi wallet. 3. Place a sell order for your ERC20 coins and select the fiat currency you want to convert to. 4. Once your sell order is executed, the fiat currency will be credited to your BYDFi account. 5. Withdraw the fiat currency to your linked bank account. BYDFi offers competitive fees and supports a wide range of ERC20 tokens. However, it's always a good idea to compare different exchanges and choose the one that best suits your needs and preferences.