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Moving Profits To Your Bank (Turning Cryptocurrency into CASH)1. Use an exchange to sell crypto. One of the easiest ways to cash out your cryptocurrency or Bitcoin is to use a centralized exchange such as. Here's a generic step-by-step guide to making your crypto-to-bank transfer seamless: � #1 STEP: Access your account on your chosen crypto. You can select the form of payment you want to accept, such as cash or direct deposit into your bank account. Always ask for ID and proof of.