Convert bitcoin into fiat(cash).

Intro: The crypto in cryptocurrency refers to complicated cryptography that allows for the creation and processing of digital currencies and their transactions across decentralized systems.

Maybe you new to bitcoin or you want to dive into the crypto world and wondering how you can convert these digital currencies to fiat. Here I have listed some of the fastest ways there are to convert crypto to cash.

Cryptocurrency Exchanges

These exchanges are the most popular and they can help you convert bitcoin as well as other cryptocurrencies to cash. They are fit for newbies. These exchanges include Binance, Gemini, Coinbase, and Kraken. Due to their popularity, it is very easy to find guides online on how to use them, their market place is also easy to use after a few days.

Peer to Peer Exchanges

These are informal options acting as market places between buyers and sellers. People list their kind of crypto and how much they are willing to buy them per unit. You get to browse through the buyers to see who is more profitable for your situation.

These market places include : 

                                                LocalBitcoins and Paxful

The good thing about the two is that you get to load your account through m-pesa and trade through the same channel, receive and send cash.

They are also easy to set up.

Bitcoin ATM's

They work similarly to conventional ATMs, letting you withdraw cash immediately. Just scan the QR code to send bitcoin and receive cash. Its drawbacks include, hefty fees, not widely spread(only 10000 available)but more are being set up, they also have a withdrawal limit per day.

Bitcoin Debit card

They are the fastest way to convert crypto to cash. They only work for immediate purchases and are used everywhere a conventional debit card is accepted. They draw funds from your bitcoin wallet associated with your platform of choice rather than from a bank account.

Some of the exchanges offering debit cards are: 

                                                Paxful, Binance and Bitpay.

once you sign up, it may take some time but as soon as you get it, you can either buy bitcoin using their platform or transfer some bitcoin from other wallets.

Its drawbacks include: they impose a spending limit

                                          Not yet available in all territories

                                            go through KYC procedures in order to register for one. 

Paypal 

Paypal introduced crypto buying and selling features on their platform.

They allow the trading of the following crypto. bitcoin, bitcoin cash, ethereum and litecoin. you can also hold them in your PayPal wallet.

AtTheMoment:

you can't transfer crypto out of the PayPal wallet except make purchases using PayPal.

you can't transfer to other wallets on or off Paypal.

you'll have to purchase the crypto through the app to use it.

DISCLAIMER:

While all the above means are legit, tried, and been around for a couple of years now, not every method will fit your needs, some will take days while others will be a matter of seconds or minutes. Peer to Peer is fast and also has platforms to solve any dispute between buyers and sellers.