BCH to BUSD to FIAT. It has been my practice lately to help myself in these tough times. I hope that BUSD stays stable and continues to be in P2P. Because binance is currently my dependency as far as the money transfer as well. What about you? Are you using P2P based marketplace like Binance or any other for FIAT conversion?
3 comments
I can sell my BCH for fiat without having to convert it into anything else through CoinBase, but I'm holding everything.
Longer you wait, easier to attract IRS and tax people on the amount.
Not only stable coins, but all cryptos in my portfolio, will be exchanged in P2P to convert any coins to my local currency at the moment. Although my country has a legal crypto trading platform, P2P is the best way for me to reduce my personal income tax. Let's take a look at Kucoin and Huobi, as both platforms support P2P transactions.