Currently, there are several ways to sell your Bitcoin for cash. Whether you are an investor or have accumulated BTC from working or business, you can sell Bitcoin instantly on various platforms or using any other option. The blockchain, a public ledger where Bitcoin transactions are recorded, is open for all to buy and sell Bitcoin with ease.
If you are new to cryptocurrency trading, you might be curious to know how to sell your coins for fiat money such as USD or EUR to use on a day-to-day basis. Well, fret not as we have prepared a guide on the fastest ways to sell Bitcoin instantly and securely.
Sell Bitcoin on an Online Exchange Platform
One of the fastest and most convenient ways to sell crypto today is using an exchange platform. These are brokers who have prepared a platform where they trade on the blockchain on your behalf. If you want to sell BTC, there is a ready market on these platforms.
When you want to sell Bitcoin from a wallet on an exchange platform, then you will transfer your Bitcoins to the account you have just opened with the platform and click to sell them.
In return, they charge you a commission for the services offered. So, it is up to you to find a platform that is favorable to you. Fortunately, there are many in the market such as NakitCoins, Coinmama, Binance, eToro, and Coinbase among others.
Sell Bitcoin on a Physical Exchange Platform
Unlike the online exchange platforms where you sell Bitcoin virtually, physical exchanges require you to walk into the premises and have someone help you sell your BTC instantly. If you are looking for where to sell Bitcoin physically, then try physical exchanges such as the NakitCoins offices in Turkey.
Once you are there, a teller will help you to open an account, deposit BTC from your secure wallet, and sell the BTC for fiat money. It is pretty easy and convenient.
Use a Bitcoin ATM
So, can Bitcoin be sold for real money instantly? Yes, it can. BTC ATMs are physical machines that buy and sell Bitcoins and other cryptocurrencies for fiat money. They provide many options to sell Bitcoin including dispensing local currencies or sending the money to your bank card.
The good thing about Bitcoin ATMs is that they are strategically placed in different parts of the world to serve crypto enthusiasts who want to sell their Bitcoins. Are you wondering how do you sell cryptocurrency for cash? Then, the BTC ATM could be your quick solution.
Sell on a P2P Platform
P2P platforms allow Bitcoin owners to sell Bitcoin to interested buyers who are listed on the platform. Ultimately, it is an easy platform to sell BTC for cash if you want to take control of whom to sell to and negotiate the rates. Once you are linked to the buyer, then you can both agree on how to transact. In many cases, only the BTC blockchain service fee applies.
Any crypto enthusiast who is not sure of the fastest and most convenient ways to sell Bitcoin can now take notes to succeed. The above tips and highlights are easy to follow even for newbies. They have also been proven to work well. All the best.