TermxCash does not support fiat currency withdrawals at this time. If you want to convert the StableCoin to fiat currency and withdraw it to your bank account, you will first need to transfer the bitcoin to a cryptocurrency exchange that operates in your country. From your exchange account, you will then be able to convert your bitcoin to fiat currency and withdraw it to your bank account.
Mainstream exchanges for your reference: Coinbase, Gemini, Binance, Bitfinex, and others.
Important:
Please research the reputation of any exchange and carefully evaluate the risk before you send bitcoin or any other crypto assets there.
TermxCash is not responsible for anything that happens in relation to your use of an exchange. You should check for all relevant information on the official exchange website directly.
Here are the detailed steps for transferring bitcoin to an exchange, converting it to fiat currency, and withdrawing it to a bank account:
1. Find the StableCoin deposit address of your exchange.
2. Scan or paste your exchange deposit address into the TermxCash Crypto app.
3. Click withdraw button then tap your TermxCash products to the popup window asking authorization of transaction on your phone which already enabled NFC features.
4. If authorization succeed, the withdrawn amount of bitcoin should arrive in your exchange account after some time, then on the exchange find bitcoin and your target fiat currency trading pair, sell your bitcoin to get fiat.
6. Withdraw fiat currency to your bank account.
It is important to note that users must follow the instructions for proper use carefully and take responsibility for security.
TermxCash is not responsible for any losses or damages resulting from improper use of its products.