From cryptocurrency to cash: Ways to bank your digital coin

It can be hard to actually spend cryptocurrency like you would regular money. — Business photo created by freepik - www.freepik.com

Cryptocurrency, the blockchain-based digital currency that has captured the interest of investors and financial service firms alike, has a challenging problem. It can be hard to actually spend this currency like you would regular money. But there are new services on the horizon that could help people use bitcoin and other digital coins in more mainstream ways for their day-to-day finances.

Here’s a look at how to use these banking-style services for cryptocurrency, as well as their benefits and barriers.