how to transfer money out of cryptocom

Cryptocurrencies have the potential to revolutionise the financial market. While many e-commerce websites have started to allow payments to be made using cryptocurrencies, even some government agencies are allowing their residents to pay taxes using try this website some specific cryptocurrencies. Moreover, crypto transactions are more secure and quick, and crypto adoption is increasing worldwide. All these trends show that cryptocurrencies are here to stay and it is worth investing in them. If you’re looking for an easy way to buy bitcoin or another digital currency, there are user-friendly exchange services that allow you to use money in your bank account to make the purchase. “Coinbase is kind of the gold standard, but there are a lot of other really great exchanges that offer a wider range of currencies,” says Tilleman. You create an account, input the account information you’d like to use, then make your purchase. Know that if you do use an exchange, just like transferring to any currency, you will be charged a transaction fee — for example, Coinbase’s averages 1.5% for bitcoin, says Dan Romero, vice president and general manager of Coinbase.