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Is it possible to convert Shiba to cash directly on Binance?

avatarSwaraj UpadhyeDec 18, 2021 · 3 years ago3 answers

I'm wondering if it's possible to convert Shiba, a popular cryptocurrency, directly to cash on Binance, one of the largest digital currency exchanges. Can I sell my Shiba coins and receive cash in return on Binance?

Is it possible to convert Shiba to cash directly on Binance?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Yes, it is possible to convert Shiba to cash directly on Binance. Binance offers a wide range of trading pairs, including Shiba to cash. You can sell your Shiba coins on Binance and withdraw the cash to your bank account. Keep in mind that there may be fees involved in the conversion and withdrawal process.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! Binance allows you to convert Shiba to cash seamlessly. You can sell your Shiba coins on the platform and choose to withdraw the cash to your preferred payment method, such as a bank account or PayPal. Just make sure to check the fees and withdrawal limits before initiating the conversion.
  • avatarDec 18, 2021 · 3 years ago
    Yes, you can convert Shiba to cash directly on Binance. Binance offers a user-friendly interface that allows you to easily sell your Shiba coins and receive cash in return. However, if you're looking for more options and advanced features, you might consider using a third-party platform like BYDFi, which also supports Shiba to cash conversions.