Can I sell cryptocurrencies for fiat like USD/EUR in Exodus?
Exodus does not support selling BTC or other cryptocurrencies for fiat currencies like the dollar (USD) or euro (EUR). This means that you cannot sell or "cash out" your bitcoin, dash, ether, or any other cryptocurrency directly from inside Exodus.
Exodus only supports cryptocurrency and blockchain assets. This is because supporting local fiat currencies brings along with it a load of legal and financial regulation, such as mandating identification documents, proof-of-residence, etc. We do not want our customers to have to deal with this kind of red tape.
Exodus serves a new business model for users that have already onboarded and want to privately secure, manage and exchange blockchain assets.
There are a number of companies that allow you to buy/sell cryptocurrencies with fiat, such as Coinbase: https://www.coinbase.com. In order to sell cryptocurrency that you hold inside Exodus, you must first send your coins to one of these services. To send your funds to Coinbase, you can follow our video guide here: https://support.exodus.io/article/149-move-funds-from-exodus-to-coinbase
There are other options such as www.localbitcoins.com, for those more interested in retaining privacy.
There is also a wide range of online exchanges, for buying and selling crypto assets:
- https://kraken.com/ (US)
- https://gemini.com/ (US)
- https://bitcoin.com.au/ (AU)
- https://coinstation.com.au/ (AU)
- http://coinjar.com/ (AU)
- http://quadrigacx.com/ (CAN)
- https://bitfinex.com/ (global)
- https://bitstamp.net/ (global)
There may also be local options that would let you exchange in your local currencies or even a local Bitcoin ATM! Here is a Bitcoin ATM locator: https://coinatmradar.com/
We would encourage you to research and seek out respectable local exchanges in your local country of residence, as these often will provide the best exchange rate for you to buy or sell.