Categories: cryptocurrency

How to sell BTC And Convert BTC to Other Currency

If you have bought bitcoin a while back and are looking to sell bitcoin to make more profit, there are 4 different ways to sell your crypto tokens. If you are interested in bitcoin trading, visit site to acquire an utter guide to crypto trading.

Here are 4 Easy Ways how to sell Bitcoin (BTC)

1. Bitcoin ATMs

Although there are over 50,544 bitcoin ATMs in the US, not all ATMs are two-way. To sell cryptocurrency through a bitcoin ATM, you must first remain anonymous and not register with any cryptocurrency exchange. 

In the US, bitcoin ATM vendors such as LocalCoin and Instacoin are spread everywhere. To sell cryptocurrency, go to your nearest ATM, and enter the amount of bitcoin at that ATM, and then you need to transfer the bitcoin to the ATM’s bitcoin address. You need to get instant cash for your bitcoins. Most daily sales limits vary greatly from the seller to seller.

2. Online exchanges

If you have bought bitcoins on a cryptocurrency exchange, and are thinking of selling them, here is the easiest and most convenient way.

Has Been Described Below:

  • Coinsquare

You can easily transfer your crypto wallet to Coinsquare wallet address and also choose the instant trade choice. Click on the ‘Sell BTC’ button and then select the fiat currency you wish to trade bitcoins with and then enter the number of bitcoins you wish to sell and proceed. The sale is almost complete after which click on the ‘Withdraw’ option and proceed to withdraw your funds.

  • Coinberry

On Coinberry you can buy bitcoin as well as other cryptocurrencies, the process of selling bitcoins at Coinberry is very simple. After transferring the bitcoins to the Coinberry wallet address, click on the Buy/Sell option at the top of the screen. once you click Enter the number of bitcoins you wish to sell and then click on the ‘Preview Order’ button. Click on the ‘Sell Now’ button to complete the transaction immediately. You can withdraw cash to your bank account by clicking on the Withdrawal option given at the top of the screen.

  • Kraken

Kraken is advised to be one of the largest Euro-denominated crypto exchanges based in the US, it was recognized in the year 2011. It is considered suitable for both beginner traders and advanced traders as well as being able to provide a lot of liquidity to the users considering its wide user base. It supports Bitcoin Cash, Dash, Litecoin, BTC, ETH, EOS, and many other popular cryptos. It has low withdrawal and coinsurance fees, plus it supports the Canadian dollar. It is a fairly easy process for Canadian residents to cash crypto into banks.

3. Over-the-counter (OTC) solutions

To sell cryptocurrency over OTC, go to the OTC bitcoin desk, select a valid OTC bitcoin trading platform, and then fund your OTC account with bitcoin. If you are looking to sell bitcoins worth more than C $25k, then OTC trading could be a good option for you. To get the live quote you need to negotiate the price, contact the broker and allow the broker to trade. Once the trade is executed you will receive the money in your bank account. Alternatively, crypto tokens can be sold in traditional markets such as Kijiji and Craigslist. First, you have to post an ad, and then meet in person with the buyer, and receive cash from that person after sending bitcoins to their wallet address.

Conclusion

It is very easy to sell cryptocurrencies on any exchange. Even if you have a bitcoin ATM and don’t want to register with any exchange, you can easily sell bitcoin tokens with bitcoin ATMs.

Leonardo

Leonardo, a visionary entrepreneur and digital innovator, is the proud owner and mastermind behind chatonic.net. Born and raised in the heart of the Silicon Valley, he has always been fascinated by the potential of technology and its ability to transform the way we communicate and interact with one another.

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