As a cryptocurrency, Bitgert coins are a great investment, meaning that you can fall back upon them if you need money. You can simply exchange them for fiat money during tough times.

If you are thinking about how to do that, don’t worry. It is effortless to convert your Bitgert coins to traditional money. There are three different ways to do it, so choose the best one for you.

Use Cryptocurrency Exchanges
1

Use Cryptocurrency Exchanges

This is one of the most common ways to exchange your BRISE tokens for traditional money. There are numerous crypto exchanges where you can exchange your Bitgert coins.

Each exchange lists trading pairs, like BRISE/USD or BTC/BRISE, which shows the currencies you can exchange your digital money for. Find a platform that offers BRISE for exchange and lists the traditional money of your choice.

There are two kinds of cryptocurrency exchanges: centralized and decentralized.

Centralized exchanges have a third-party institution that mediates all the transactions. So, you don’t have to study the market on your own. The authoritative institution takes care of everything. You only need an account on the platform to be able to use it.

Decentralized exchanges don’t have any third-party involvement, meaning that all transactions are peer-to-peer. In this case, you need to analyze the market on your own before conducting the trade.

However, you don’t need an account to use these platforms. Instead, simply connect your wallet to the crypto wallet of the platform.

Sell BRISE to Another Person
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Sell BRISE to Another Person

Selling BRISE tokens to another person is another popular method to exchange your crypto for fiat money. Simply ask them to pay for BRISE in traditional money, then transfer the tokens to the crypto wallet of the buyer, and they will transfer fiat money to your bank account in return. 

Use Bitgert Coin ATMs
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Use Bitgert Coin ATMs

As of now, cryptocurrency ATMs don’t offer Bitgert. But with the promising growth that Bitgert has shown since its launch, it will not be long before BRISE ATMs are available for public use.

If you want to use an ATM to exchange your BRISE tokens for fiat currency at the moment, you will have to exchange your tokens for another cryptocurrency first. Then, you can use the ATM of that cryptocurrency to exchange it for traditional money. The steps are simple:

  • Enter your mobile number at the ATM kiosk. You will receive a verification code.
  • Enter the verification code and select ‘Sell Crypto’ from the menu.
  • Transfer the cryptocurrency tokens to the wallet of the buyer.
  • You will receive cash in return from the machine.

FAQ

What is fiat currency?

Fiat currency is the traditional money issued by the government of a country. The circulation is under the supervision of a central authority figure, usually a central bank.

How is fiat currency different from Bitgert?

Fiat currency is different from Bitgert because Bitgert is not issued by the government and is not identified as legal tender. Moreover, there are no physical tokens, so Bitgert is a digital currency.

What are centralized crypto exchanges?

Centralized crypto exchanges have third-party institutions that mediate all the transactions on the platform.

What are BRISE ATMs?

BRISE ATMs are ATM kiosks that allow you to buy and sell your Bitgert tokens for real money.

Can I sell my BRISE tokens to other people?

Yes, you can easily sell your BRISE tokens to other people via brokerages or peer-to-peer transactions.

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