Confused by the term: trading partners. And how to convert more fringe currencies back to bitcoin Two questions:


I am confused by the term: trading partners like BTC/ETH, etc.
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?
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.