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The Easiest Way To Cash Out Crypto TAX FREEExchanging bitcoin for other assets can be accomplished through various platforms and methods, such as cryptocurrency exchanges, peer-to-peer, and for goods. You can use a crypto exchange like Coinbase, Binance, Gemini or Kraken to turn Bitcoin into cash. This may be an easy method if you already use. Converting Bitcoin to cash and transferring it to a bank account can be done through third-party broker exchanges or peer-to-peer platforms.