How do I cash out my BAT tokens?

For those of us invested in the Brave browser and its Basic Attention Token (BAT), the question of how to cash out our holdings often arises. Could you provide a step-by-step guide on the most efficient and secure methods to convert our BAT tokens into fiat currency? Are there any specific exchanges or platforms you recommend for this process? Additionally, are there any potential tax implications or considerations we should be aware of before initiating a cash-out? Your insight would be greatly appreciated as we navigate this aspect of our digital asset portfolio.