• This can be a fairly anonymous way to exchange bitcoin. Not only that, but each buyer and seller on the site has ratings based on previous transactions. If there are none, you’ll have to wait for one to appear, or consider a different method. By use of this site you agree to hold us completely harmless for any and all reasons. This also allows you to be picky about the exchange rate you are willing to accept. The most popular platforms are Binance, CEX.IO, Coinmama, Coinbase and others. You can learn more about us and how that works if you want to know more. At that point, you can withdraw them. Read more about how the Luno Exchange works. Choose the currency and how much you want to sell and you’ll be given an address to send to. Kraken offers a robust, real-time cryptocurrency exchange, uniting buyers and sellers in markets around the globe, including many for popular BCH trading pairs. It is perhaps easier to trade your Bitcoin Cash tokens for other cryptocurrencies. Here is how you can use LocalBitcoins to sell your bitcoin for cash: This will pull up a list of buyers who are potentially interested in buying bitcoin from you. You should of course schedule this meeting to take place in a public venue so that you are minimizing your personal risk. Selling bitcoin is fee-free, as is cancelling the order if you change your mind. While bitcoin is great to invest in, there are going to be times when you want to convert your bitcoin into a fiat currency like US Dollars. When there is an urgent need for cash; To collect profits in the … We are affiliated with some of the products and services found on this website with absolutely no cost to you (and often a benefit to you). Individuals sell Bitcoin for several purposes. • Payment methods that the buyer is willing to use. When you’re ready to sell bitcoin to USD in many ways to convert your bitcoin to cash , Bitcoin to PayPal, Bitcoin to IBAN, Bitcoin to Western Union, consider such things as the cost and ease of the cash out method, where you want it deposited (bank account, PayPal, etc.) • When you use an ATM to convert your bitcoin to cash, you are not dealing with another individual. Either the machine will dispense the cash, or it will give you a redeem code which you can use after awaiting a confirmation. The good news is you’ve come to the right place. Use of an Exchange company to sell bitcoin for cash Getting an exchange service is no doubt raising many questions about privacy and secrecy while selling your Bitcoins against cash but this one-click facility provides you the best and speedy methods of cashing out your Bitcoin Holdings. If you’re a new customer you have to do a one-time-only verification of your identify. Note that we charge a 2% fee for selling Bitcoin based on the market price. You will receive emails anytime there is a buyer hold or a cash deposit. 3. Western Union) as your method to receive payment. Among those questions, you may be wondering, “Is it possible for me to sell my bitcoin for cash?”, The short answer to that question is, “Yes, you can sell bitcoin for cash.”. Sell Bitcoin (BTC) Online & Cash Out Easily Paxful; Buy and Sell Cryptocurrency Binance - Bitcoin Exchange; How do I easily buy and sell Bitcoin? 4️⃣ After signing up, you'll be able to type in how much Bitcoin or Bitcoin Cash you would like to sell. © 2021 Best Bitcoin Exchange, All Rights Reserved. Here are a few sites which I recommend for selling your bitcoin: Here is a list of US friendly bitcoin fiat exchanges where you can use U.S. dollars to buy bitcoin and you can sell bitcoin for U.S. dollars. Once logged in, just follow these steps: Set your requirements – Choose your preferred payment method and the maximum amount of Bitcoin you’re willing to sell. If you decide to use this method to sell your bitcoin, you will be meeting with the buyer face-to-face. All you do is kick back and wait. We will let you know of significant price swings to buy more at the best time. Exchanges act as a middle-man by selling your BTC for you. Even though bitcoin cash (bch) has only been around since august 2017, it is now the fourth largest cryptocurrency behind the original bitcoin currently, there are three major globally operating exchanges where you can sell bitcoin cash for fiat currencies: For cashing out your bitcoin link will. With more than a million users, this site offers ample opportunities to sell bitcoin locally, no matter where you are located. You can transfer them to a bank account or you can withdraw them using a credit or debit card. By clicking ‘Sign up’ you consent to Bitcoin.com sending me price alert emails. Enter your location, the requested amount and select “Cash” as your desired payment method. You have no idea how that will go. Sometimes more than one confirmation (up to six) is needed before you can use the redeem code and get your cash. When you click on an offer, you will find yourself on a new screen which will provide you with the following information: • An exchange rate. You can view the legal status of Bitcoin here. It is a process which feels safe and familiar. Check out this chart at Coin ATM Radar, though, which shows that nearly a third of bitcoin ATMs now support two-way transactions. How Long Does it Take to Sell a Bitcoin? NairaEx is the largest Bitcoin broker in Nigeria. Most countries haven’t banned Bitcoin but several few have (e.g. We are offering online cash out bitcoin services. Choose the Bitcoin amount you'd like to sell. Join the waiting list to be one of the first to know when support will be available for your region, If you’re a new customer you have to do a one-time-only verification of your identify, Choose the currency and how much you want to sell and you’ll be given an address to send to, Once the transaction is confirmed you will receive the money in your bank account. You can also use Coinbase to liquidate your Bitcoin. 1. If you intend to do many such cash trades, you might want to invest in an ultra-violet counterfeit bill detector or a … Dear Client, You are asking about your nearest point to sell bitcoins for cash. Note: To be able to buy and sell Bitcoin Cash through the app, you’ll need to switch to the Exchange view. This also means that over time, you will build your reputation as a seller, which should make it easier for you to sell bitcoin for cash in the future. Convert Bitcoin into Cash with P2P Trading. So if a buyer has a low rating, you know to avoid them. That means selecting the payment method you are willing to accept, filling in the applicable information, and then entering in the amount you want to sell. • There is no third party to help you out should something go wrong, and no such oversight to prevent problems from occurring in the first place. Not all atms allow you to sell bitcoins, some allow you only to buy bitcoins. • BitAccess With Localbitcoins, you have to check buyer profiles and manually accept or reject offers, but BitQuick automates that whole process for you based on the information which you provide when you fill out the form to sell bitcoin. Dubai is one of the cities that show a great interest in Bitcoin (BTC). If you don't already have an account, you can register here. Currently available for EU and GBP bank accounts. Once you confirm the cash deposit with BitQuick, the bitcoin will be sent to the purchaser. The answer to this question is yes and no. • Access a huge marketplace of buyers. You may now skim through the list and select offers to examine more closely. 6️⃣ The funds will then be sent to the bank account you provided. They have proven to be trustworthy … Sell it for Bitcoin or altcoins As Bitcoin Cash is a relatively new cryptocurrency, there are a very limited number of major international exchanges that support it, especially when it comes to selling it for fiat currencies. Here are some of the reasons to sell Bitcoin in Dubai. As of the time of this writing, the site has served more than 67,000 customers. After about six confirmations (approximately 60 minutes), the order will be complete and you’ll receive an email from Crypto2Cash. You may unsubscribe at any time. If you want to learn more about or get in touch we would love to hear from you. If you don’t already have a crypto wallet, then you need one to start buying, selling and exchanging your Bitcoin. If possible, you should ask the trader to show you public feedback which they may have from a site like LocalBitcoins. The procedures may differ from one model to the next, so do some research before you head to the ATM. BTC → Bank account Deposit the bitcoin into it. There is also a section called “Terms of Trade” on the right. The ATM will then let you know the exchange rate and the fee, and then it will provide you with a QR code. 2. • Robocoin (largely defunct) How to Sell Bitcoin Cash (BCH) All set to sell your BCH? Put in however much bitcoin you want to sell. Then you will go your separate ways. • If you choose an ATM which requires you to wait for confirmations, you cannot just grab your cash and go. • This is an incredibly simple and straightforward method for selling bitcoin. Whether you have just recently purchased your first bitcoin or you are only now looking into doing so, you probably have a ton of questions involving bitcoin conversions and how you can buy and sell cryptocurrencies. Once the transaction … From here, you can zoom in on your location and search for local bitcoin ATMs. If the machine requires you to verify your identity, then you will need to start out by completing the verification step. You will discover that there are two different types of bitcoin exchanges: • Sites where you can buy and sell bitcoin Note that most reputable BTC exchanges require their users to provide personal information before they can sell cryptocurrency, in order to comply with KYC and AML rules. You do not need to demand identification from each other, so long as that suits you both. Of course, many of these transactions go by without a hitch, so there is no need to be paranoid. Thankfully, there are multiple methods available to you to convert your bitcoin into cash. • You can only choose bank, credit union, or money transfer service (i.e. If you do not like the rate you see right now, you can wait and see if a better one becomes available. 1. The buyer will hand you the cash, and you will transfer the bitcoin to his or her bitcoin address. No matter how passionate you are about Bitcoin and the future of money, there may come a time when it’s advantageous to sell … This is where you provide your bank account number to the buyer, who then walks into a branch of your bank, fills out a deposit slip, and then deposits cash directly into your account. When using methods like PayPal and credit cards the transaction is usually … So, is it legal to sell bitcoins for cash in the USA? You can sell Bitcoin for cash on an exchange that has fiat-to-crypto trading pairs, like GDAX or Bitfinex. Here are the steps you would take to sell your bitcoin for cash. Put a sell order. A personalized escrow address will be provided to you after your order is created. Once you arrive at the meeting, you can make the exchange however you have planned it. They process more Bitcoin transactions than any other broker and have a massive customer base of 13 million. Its customers can purchase Bitcoins with … Click on “Quick Sell.” Enter in the approximate value of the bitcoin you are trying to sell, select the currency of cash you want to receive, choose a country, and then pick a payment method. • ATMs are convenient, but you pay for convenience in the form of hefty fees. It is one of the most popular sites on the web for the buying and selling of bitcoin between everyday ordinary people. How to Sell Bitcoin (BTC) We get it, sometimes you can’t HODL forever. A lot of people do not think of this option, but it works. Finding where to sell a gift card, bitcoin and cash app in Nigeria seems like it’s not a difficult task. You do not need to worry about another party screwing up the transaction. • General Bytes, specifically BATMThree models. On the right, pick whatever fiat currency you want. Sell bitcoins for Cash Instantly. Stablecoin “USDC” Launched by Coinbase and Circle, Newbies Guide To Monero – How To Buy, Sell and Hold Monero Safely, See the top banner which reads “Buy and sell bitcoins near you?” Look just below that and you will see “Quick Buy” and “Quick Sell” tabs. Coinbase is the most popular broker exchange for buying and selling Bitcoin. But actually, there are several approaches you can take, and none of them are difficult. • Your funds are not released to the buyer until you verify with the website that the buyer did indeed deposit the cash. Sites which are set up for trading also are fine, though they are a little more complicated to use. As the name implies, it was set up to make it quick and easy to buy and sell bitcoin. So if you are in the market to sell, there are plenty of folks in the market to buy. Deposit bitcoin into your account on CEX.IO. To sum up, a total of 3% from selling Bitcoin in your account till the withdrawal will be applied. Bitcoin Cash is available for trade on our Exchange and through Instant Buy. They could stand you up and waste your time, or they could show up and mug you, etc. Any site with a simple buy/sell function should suffice, so long as it allows you to sell bitcoin in exchange for a fiat currency of your choice. • On an exchange platform, you have the option to buy, sell and trade cryptocurrencies. 1. Sell Bitcoins for Cash. You will find hundreds of positive reviews for it online. Finally, another option for selling your bitcoin is to do it in person. Is it Illegal to Sell Bitcoins for Cash? Withdrawal Methods: Coinbase lets you sell Bitcoins for cash, which you can then withdraw into your bank account. It all depends on the exchange you use. But did you know that you can also use some bitcoin ATMs to sell your bitcoin for cash? Coinbase is a wallet that allows you to sell bitcoin for cash via bank account, bank card, SEPA, PayPal. If you have decided to sell Bitcoin Cash in London, you can choose Coinsfera - the first and only Bitcoinshop without further thinking. Interestingly, this is fast becoming a standard feature for bitcoin ATMs, though as of the time of this writing, the majority still only allow you to buy bitcoin with cash. To sell Bitcoin for cash, you will first need to set up an exchange account and deposit your BTC in the hot Bitcoin wallet that is provided by the exchange. Navigate to Bitquick’s Sell page. All fees are paid by the buyers (except cancellation fees, if you choose to revoke your sell order). It may also be helpful to know that the following types of ATMs are most likely to allow you to sell bitcoin: • GenesisCoin, specifically Genesis1 and Satoshi2 machines There is no option for cash via mail. China). This is where the terms of the exchange can be spelled out clearly and any questions can be answered (like what will happen if the user is unable to deposit payment in time). This website and it’s content is 100% informational only. Once you have completed the transaction, you will have fiat funds in your CEX.IO account. You can do this in your profile settings. A secure location, such as a bank or police station lobby, is recommended. If you want a receipt, you can print one once your transaction is complete. You can allow for static or dynamic pricing. In this case, a reliable and trustworthy platform like CEX.IO may come in handy due to the high level of security and a variety of options to sell BTC. You have to click on above "Exchange now" button and fill out the exchange form with accurate info. 5️⃣ Send the BTC or BCH to the address provided by Crypto2Cash. • Choose a cash method of your choice for payment. 2. Log into your Coinmama account and select "Sell" Enter your Coinmama login information, then select the Sell option from your main account page. On the page which opens next, click on the “Sell” tab. Cash options include “cash at ATM,” “cash deposit” and “cash … • Sites where you can trade cryptocurrency pairs. Obviously dealing with this on a regular basis would be incredibly expensive. Coinbase. You can choose US Dollars, British Pounds, Euros or Russian Rubles. • If you do decide you want to cancel a transaction, you can do so quickly, easily and securely. The site above offers a great starting point for searching for bitcoin ATMs near you. Buy both Bitcoin Cash (BCH) and Bitcoin (BTC) now using a credit or debit card. Because the exchange rate fluctuates on a constant basis, the website provides you with a fresh price every couple of minutes. • You never have to pay any fees to sell your bitcoin for cash here. Cash options include “cash at ATM,” “cash deposit” and “cash by mail.” Then click the orange button labeled “Search.”. You can do this by joining a local bitcoin meetup group, or you can check on social networking sites like Facebook to see if there are any local groups. • Not all exchanges accept customers from every country, and not all exchanges support cryptocurrency to fiat conversions either. Turning Bitcoin to USD. It is hard to go wrong with this site. In the lower left are some checkboxes where you can specify what you are looking for and narrow down the results. Why Sell Bitcoin in Dubai? Then you will be able to see a wallet address. • The buyer’s payment window.
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