<p>Trading pairs like BTC-ETC at an exchange means that you pay BTC to receive ETH. Your exit should be possible with sending IOTA, SAN to respective wallets supporting these coins. Or you trade back to BTC and send this to your personal wallet or to another trading site where you sell your BTC against USD. You cannot get USD out of Bitfinex presently it seems.</p>

CC BY-SA 3.0
2017-08-22T21:00:04.590Z
Thanks. Think the issue is on bitfinex there seems to be no option to transfer IOTA or SAN back to bitcoin.  You can buy it, yes. But not convert back to bitcoin. 

Coinbase makes it easy to convert back to USA $$$s for the majors. But no listing for more of the speculative currencies.
Edward Potter
CC BY-SA 3.0
2017-08-22T23:54:22.887Z
You cannot trade them back into BTC? Bitfinex is in some trouble anyway so I would move/send them to eg Bittrex which offers both ways.
KOld
CC BY-SA 3.0
2017-08-22T18:40:45.817Z
2017-08-22T18:40:45.817Z
KOld
<p>Two questions:</p>

<ol>
<li><p>I am confused by the term: trading partners like BTC/ETH, etc.</p></li>
<li><p>I'm into some more of the fringe currencies, IOTA, and SAN. Bought them with bitcoin on bitfinex, how to convert back? Seems to be a one-way street. Am I stuck?</p></li>
</ol>

CC BY-SA 3.0
2017-10-22T00:35:00.723Z
Please only ask about one topic per post.
Murch
<exchanges>
Confused by the term: trading partners. And how to convert more fringe currencies back to bitcoin
Edward Potter
# Confused by the term: trading partners. And how to convert more fringe currencies back to bitcoin

(Asked by: username_0 on 2017-08-22)

Two questions:

1. I am confused by the term: trading partners like BTC/ETH, etc.
2. I'm into some more of the fringe currencies, IOTA, and SAN. Bought them with bitcoin on bitfinex, how to convert back? Seems to be a one-way street. Am I stuck?

**Tags:** exchanges

> **Comments:**
> **username_1**: Please only ask about one topic per post.  

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## 1 answers

### Answer by username_2 on 2017-08-22. Score: 1

Trading pairs like BTC-ETC at an exchange means that you pay BTC to receive ETH. Your exit should be possible with sending IOTA, SAN to respective wallets supporting these coins. Or you trade back to BTC and send this to your personal wallet or to another trading site where you sell your BTC against USD. You cannot get USD out of Bitfinex presently it seems.

> **Comments:**
> **username_0**: Thanks. Think the issue is on bitfinex there seems to be no option to transfer IOTA or SAN back to bitcoin.  You can buy it, yes. But not convert back to bitcoin.   Coinbase makes it easy to convert back to USA $$$s for the majors. But no listing for more of the speculative currencies.  
> **username_2**: You cannot trade them back into BTC? Bitfinex is in some trouble anyway so I would move/send them to eg Bittrex which offers both ways.  

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