![]() ![]() Best Way to Sell Bitcoin in Each Country Sell Bitcoins in the United States Security is always paramount in cryptocurrencies, so make sure you are aware of the risks. However, there are some extra precautions and security steps that you need to follow. In addition, you can have an in-person meeting at your local coffee shop. Face-to-face transactionsįace-to-face transaction services like LocalBitcoins and Paxful are the easiest way to cash-out your cryptocurrency for physical fiat currency. However, listings are not always free, and there may be some fees when selling certain currencies like Bitcoin Cash. This is the easiest way to “cash-out” cryptocurrencies because it doesn’t require uploading ID or waiting days before receiving any money. By creating a listing on an online marketplace, you can sell your items in exchange for cash. Online P2P selling is the easiest way to “cash-out” your cryptocurrency. For example, on Paxful, you can sell bitcoin (BTC) for cash by having someone send you a payment through Western Union (WU). Paxful, LocalBitcoins, and Local Monero are all platforms that allow you to buy or sell crypto directly with people in your community. This process only works when dealing with local traders in your area and can be risky if you don’t know who you’re meeting. Sell bitcoins through person-to-person trading. Use cash as an alternative to PayPal if selling bitcoin face-to-face or via another person. Some exchanges will allow you to choose a limit or market price, and some will set the sell rate for you. Create a sell orderĬreate a sell order at your exchange of choice. This is important because if something happens once you transfer your coins to the wallet, you will have little recourse for recovery. However, be sure that you are using a reputable vendor that does not have issues with security or safety of funds in their possession. You can choose to transfer the coins from your exchange wallet into a digital platform wallet on an online crypto marketplace. To find out how much bitcoin or other cryptocurrency is worth in US dollars, visit. Using your money, buy the amount of crypto you want to sell and transfer it into a personal wallet. With the account you created, search for a market on which to buy and sell bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), etc. You can use a platform like Coinbase or Binance. Make a cryptocurrency account on a selling platform If you want to cash-out in another currency like Ethereum (ETH), find a cryptocurrency exchange that trades ETH and trade it there for whatever currency looks good on that day. For example, if you purchased Bitcoin (BTC) with USD, then sell BTC for USD. This is usually the currency you used to buy your crypto. Log into your account and withdraw the equivalent amount in cryptocurrencies that you want if it’s less than or equal to your balance into Coinbase (this step could be different depending on your wallet).įigure out which currency you want to cash out in.Enter the amount of BTC you want to sell and select “Sell” at the bottom of your screen on Binance.Click the market you want to sell your bitcoin on, for example, BTC-USDT or ETH-BTC depending on what type of cryptocurrency pair you are selling at that time. ![]() Sell your BTC on the exchange platform you are currently using, either Binance, Bittrex, or Kucoin.Cash-out of your cryptocurrency exchange account and send the BTC over to your wallet address from Coinbase or LocalBitcoins, which we just created above.Click “Sell” and select your bitcoin wallet address from LocalBitcoins or Coinbase, where you want to send the BTC once you have cashed out of your crypto exchange account.Go to Coinbase or LocalBitcoins and purchase as much bitcoin as you want with USD from your local fiat wallet.Best Way to Sell Bitcoin in Each Country. ![]()
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