The most common way to redeem cryptocurrency into fiat currency is to use a dedicated exchange or broker platform. These services allow users to buy and sell cryptocurrencies with fiat currencies. In addition, some services even offer the option to exchange cryptocurrency directly to a bank account. Another way to redeem cryptocurrency into fiat currency is through peer-to-peer trading, where users can negotiate with each other directly for a trade. Finally, some cryptocurrency ATMs allow users to physically withdraw fiat currency in exchange for cryptocurrency.