Bitcoin saw a 355% return during the first 8 months of 2017. And some believe it may be worth as much as 500,000 per coin by 2030. But hanging onto your bitcoin doesn't do you much good if you HODL it forever.
So what's the best way to convert bitcoin into cash? Well, you could transfer it between wallets in exchange for cash on the spot. Or you could spend time trying to find a bitcoin ATM. But why go through the hassle?
If you need an easy way to spend some of your bitcoin without paying any fees what are you going to do? Well, the answer is pretty easy—get yourself a BitPay VISA card and spend without paying fees.
What, no fees!? That's right. None. Nada. Zero. Zilch.
Spend bitcoin without paying any fees
Avoid paying fees converting crypto to fiat with the BitPay VISA card.
To get it simply download the BitPay app from the App or Play store, or head to the BitPay website and sign-up. The card should arrive in 10 days (mine came faster) and looks like this – only with your name, because you're not Satoshi:
In addition to avoiding fees on bitcoin to dollar loads the BitPay card provides additional benefits including:
- Make instant ATM cash withdrawals
- Access any VISA merchant on earth
The downside I see to using the BitPay card is that you're potentially spending something which could significantly increase in value over time. But that shouldn't be a problem if you think of the card as an interest-bearing checking account which helps you keep more cryptos in the market doing the up-and-down thing before you decide to use them.
Now you can transform your bitcoin into cold, hard cash.