Cashing out some HBD for holiday cash, what’s the easiest way out?

HBD to fiat

I am a Hodler, but sometimes you have to take out some of your deserved earnings and something with them. So, in about 10 days we are leaving for a holiday to France, and I decided to take out some HBD for some extra spending money.

Now, that’s decided, but here comes the hardest part. What is the best way to cash out your Hive Backed Dollars and exchange them to fiat?

I really have no clue… Is it Binance? Or are there other, better ways to exchange HBD to USD or EUR?

I could need some advice here. Anyone who has some advice, feel free to comment!

Sincerely,

Pele23



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I can't say what the easiest way is sadly. But I can say that on Binance you can just put the crypto in the account connected to your Binance card and pay with it like any other credit card. No need to convert the crypto to Fiat. And that is the way I use for converting crypto to fiat. And if you stake 1 BNB for 30 days you get 2% cashback as well, instead of the noormal 0.8%.

While I am sure other ways exist and they might be easier, the Binance way works great for me.

The only thing of note is you get 0 interest on crypto in the spending account, so you probably want to have only the crypto there you want to spend, and the rest earning some dividence in the main account.

I hope this helps. =) And I hope you have a great wecation in France.

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Bitstamp is the longest standing exchange, as far as I know, they have Sepa... exchange SWAP.HIVE for SWAP.LTC and then withdraw to Bitstamp, then exchange for EUR, then transfer to your dirty bank account.

Binance also works, but they are shady as fuck, there are many people that got stolen their money from Binance, but if its a small amount, then I dont think they will steal it.

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