That's not a limitation of USD, it's a limitation of sleazy crypto exchanges. If I sell stock through my stockbroker, I can have funds in a bank account within hours. You ought to be able to sell BTC and get funds in your account in Chase or Barclays via wire transfer within hours.
But no. Crypto exchanges hate to pay out real money. They don't even like paying out cryptocurrencies to external wallets. They want you to just bet within their closed system.
Real brokerages don't care whether you're buying or selling. They get commissions either way. Crypto exchanges have a strong bias towards your buying what they're selling.
But no. Crypto exchanges hate to pay out real money. They don't even like paying out cryptocurrencies to external wallets. They want you to just bet within their closed system.
Real brokerages don't care whether you're buying or selling. They get commissions either way. Crypto exchanges have a strong bias towards your buying what they're selling.