How to move money and / or cash-out from crypto-currency exchanges
#Borrowed from Choe
- Sell Altcoin to BTC
- Buy XRP using the BTC
- Transfer the XRP to Bitstamp / Kraken exchange (takes less than 2 minutes)
- Cash out the XRP to cold-hard cash (USD).
XRB Nano if/when incorporated in exchanges, with its zero transfer fees, will be a preferred alternative to XRP's Ripple.
ETH and LTC are other more economical ways to transfer monies, across exchanges