How to Turn Your Crypto Tokens into Cash

Crypto is exciting, but what happens when you want to use your digital tokens for real-world spending? Maybe you’ve received crypto as a gift, earned it online, or made some profits—and now you're asking, “How do I turn this into cash?”

Good news! In 2025, turning your crypto tokens into money is easier than ever. Whether it’s Bitcoin, Ethereum, or ERC-20 tokens, you have a few safe and simple ways to cash out.

1. Use a Trusted Crypto Exchange

Online crypto exchanges like Coinbase, Kraken, or Binance US are the easiest way to convert crypto to dollars. Here’s how it works:

• Create an account and verify your identity.

• Deposit your crypto tokens into your wallet.

• Sell your tokens for USD.

• Withdraw the money to your bank account.

It usually takes a couple of days, depending on your bank and the exchange.

If you’re holding ERC-20 tokens (which are based on the Ethereum blockchain), you may need to convert ERC20 tokens to Ethereum first. This step is important because some exchanges only accept Ethereum and not all ERC-20 tokens for cash withdrawals.

2. Use a Crypto ATM

Yes, real crypto ATMs exist! You can find one in many major cities. These machines let you sell crypto and withdraw cash.

• Open your mobile wallet app.

• Scan the ATM’s QR code.

• Send your tokens.

• Collect your cash after confirmation.

Crypto ATMs are super convenient but can have higher fees.

3. Peer-to-Peer (P2P) Selling

Want to sell directly to someone else? Platforms like Paxful or Binance P2P let you connect with buyers and receive money through bank transfer, PayPal, or even gift cards.

• Choose how much crypto you want to sell.

• Find a trusted buyer.

• Once they pay, release the crypto.

Always use escrow and double-check the details before confirming any payment.

4. Crypto Debit Cards

Another cool way to cash out is through crypto debit cards. These cards automatically convert your crypto into dollars when you make a purchase or ATM withdrawal.

Some popular cards:

• Crypto.com Visa Card

• Coinbase Card

• BitPay Card

They’re great for daily use, especially if you don’t want to go through the process of selling tokens manually.

5. Sell to Friends or Family

If someone you know is looking to buy crypto, just sell it to them directly. Agree on a price, let them pay via Venmo, Zelle, or cash, and then send the tokens to their wallet.

Make sure both of you understand how wallets work, and always confirm payment first.

A Quick Note on ERC-20 Tokens

ERC-20 tokens are super common, especially if you use Ethereum-based dApps or DeFi services. But not all platforms allow direct conversion of these tokens to cash. Before selling, you might need to convert ERC20 tokens to Ethereum. This way, you'll avoid delays and make sure your transaction goes through smoothly.

Final Thoughts

Turning your crypto into cash is totally doable—even for beginners. Whether you go with an exchange, crypto ATM, or debit card, you have options. Just be smart, use secure platforms, and take the time to understand the steps involved.

Crypto may be digital, but your money can be real—and spending it is easier than ever.