How do i convert my BitcoinCash to fiat if we can't buy things directly with BitcoinCash yet.

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Good day friends. Hope you are all doing well.

I have been in read.cash for at least 3weeks now and i have been able to accumulate some amount of BitcoinCash since i came into this wonderful platform.

Recently i have been facing some issues getting some referrals to use read.cash because the most asked questions i receive from the people am trying to refer is, " How can we make use of the currency we earn here when our country does not receive BitcoinCash as a means of payment yet?"

To be honest i don't really know the answer to these and I have been trying to convince them that they can actually sell BitcoinCash in exchange for fiat currencies in so many exchange platforms on the net and use it to buy anything but they don't really get serious with it all because they feel it might be difficult getting a buyer since BitcoinCash isn't really popular here in my country.

Please i am writing this to get answers from our crypto lords here in read.cash on different ways we can actually convert crypto currencies especially BitcoinCash to fiat currencies like Naira or even dollar that will be paid directly into our various bank accounts in our local country currency. It will be very useful for us all. If possible someone could help us all by writing an article about it because am sure there are so many members and authors in read.cash that might also want to know the answer to these questions. Some might not even know how to sell these crypto currencies or how to make use of them and they will be so glad if someone can explain it all to us.

I will appreciate it if i get good replies about this topic. Thank you all and stay safe.

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Comments

Fair question. Your friends are newbies to crypto of course and want to know what good is in creating content in return (not guaranteed) for a digital coin they haven't heard about, or very little. Well the answer rely on exchanges: yes you need to sell BCH for your local currency (or if this isn't possible, for strong currencies like EUR, USD...) in order to buy most product/services. Last, find out which things you can actually buy with crypto inside your country (locally or over the internet) and tell your friends. The more you find, the happier they will follow.

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3 years ago

Good question Stella. You can actually buy and sell with BCH. I’m an accountant and also a farmer right in Nigeria. All my products and services could be purchased with BCH. We’re also coming up with Bitcoin Cash House in Nigeria. There you can exchange your BCH for Niara live and direct if you wish. You can contact me also since I’m heading the project here in Nigeria.

The BCH House is located at Enugu, in the South East Nigeria.

Right now I can help you by exchanging your BCH for Naira until our facility and project gets ready. Then Nigerians could easily exchange for fiat online and offline

Help build BCH in Nigeria.

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3 years ago

Hello stella! Its great to hear from you after a while. With regards to the concerns you raised above about your friend's inability to trade her bch to fiat. So i would suggest you or your friend send your money from read.cash to your bitcion cash wallet, then you can log on to www.remitano.com since you are from Nigeria and trade your bitcoin cash to Niara there. You will have to register on the website to initiate transaction. If you have problem using the site, i can buy your bch from you in a peer to peer trade. Let me know if this is useful. Cheers

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3 years ago

Thank you so much Feebie. I truly appreciate your help. its been awhile i heard from you, hope you are doing ok. I will try out the site you suggested and in case i have any problems i will try to get back to let you know. Thank you so much once more.

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3 years ago

It is easy as @feebie said on the comments. Or I want to suggest that you can trade them in Paxful. Sell them for fiat currency.

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3 years ago

Alright dear. I will also try Paxful out. Thank you so much for your suggestions. It means alot to me.

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3 years ago

Ok here’s the link btw.. watch come YouTube tutorials so you can research how it works.

https://paxful.com/sell-bitcoin/bitcoin-cash-bccbch

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3 years ago

Alright. Thanks alot for the help. You are a good friend 😊

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3 years ago

This is one of the most asked questions whrn it comes to BCH or cryptos in general. The answer is also easy. You can just trade them for fiat currency on the platform that suits you more.

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3 years ago

I am just new in this platform.

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3 years ago

Thank you very much for your information about bitcoin cash. Bitcoin is very essential to our read cash.

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3 years ago