Can I use Shapeshift to convert Iota directly to fiat currency?

3 answers

• Bidisha ShîtFeb 19, 2021 · 5 years ago
  Yes, you can use Shapeshift to convert Iota directly to fiat currency. Shapeshift is a popular cryptocurrency exchange platform that allows users to convert one cryptocurrency to another. However, it's important to note that Shapeshift may not support direct conversion of Iota to fiat currency. You may need to convert Iota to a more widely accepted cryptocurrency, such as Bitcoin or Ethereum, and then convert that cryptocurrency to fiat currency on another exchange or through a peer-to-peer platform.
  505

  253
• Ramakrishna PasupuletiOct 01, 2023 · 2 years ago
  No, Shapeshift does not currently support direct conversion of Iota to fiat currency. Shapeshift primarily focuses on cryptocurrency-to-cryptocurrency conversions. If you're looking to convert Iota to fiat currency, you may need to use a different exchange or platform that supports this specific conversion. It's always a good idea to research and compare different options before making any transactions.
  406

  136
• ahmed abdualqaderNov 24, 2021 · 4 years ago
  While Shapeshift is a popular cryptocurrency exchange platform, it does not directly support the conversion of Iota to fiat currency. However, there are other exchanges and platforms that do offer this service. One such platform is BYDFi, which allows users to convert Iota to fiat currency directly. BYDFi provides a seamless and secure way to convert your Iota holdings into traditional money. It's important to note that fees and exchange rates may apply, so it's always a good idea to compare different platforms and choose the one that best suits your needs.
  563

  141