full image - Repost: Can you SELL BTC (and other cryptos) to an exchange? (from Reddit.com, Can you SELL BTC (and other cryptos) to an exchange?)
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Here's the thing, I have some money I do not need right now (in a way) and I'm stacking for a small, personal savings. As we all know fiat is no longer that good to just throw money into and wait XX years, then expect it keeps its value.I also use eToro for DCA-ing, and I know you can just sell a position there, however, I'm not sure if you can actually deposit BTC into its wallet and then sell those to them. I couldn't find anything online and their Terms and Conditions section is huge…My idea here is:Convert personal savings to BTC.Put them in a Ledger or other cold storage device.At any point in the future, if needed, or in an emergency, transfer them somewhere or somehow convert it back to fiat, USD in my case, so they're usable in a situation like that.I haven't updated myself in btc practicaluses for a long time, and I know the lightning network improved a lot of things and fees, and many places actually take BTC for payment now. Unfortunately where I live is a bit, let's call it rustic, so no such thing exists for now.I'd appreciate any ideas or recommendations, or a link to get in the right direction.
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