How To Sell Bitcoin

Selling Bitcoin unlike its buying is not so much easy or straightforward. Like buying Bitcoin, you can use several ways to sell Bitcoin. You can do it via an exchange, ATM, direct trade, or via P2P transaction. However, these methods are different in many details; some of them are faster while some of them are cheaper, safer, or simply easier.

In the following article, we will introduce several ways that could be used to sell Bitcoin. After reading this article to the end, you can understand the difference between ways of selling and cashing out Bitcoin via various methods. The following methods of selling Bitcoin are explained in this article:

– By Exchanges

– Direct Trades

– Online P2P trading

– Via ATM

– Selling Bitcoin In Person

We also show tips to negotiate when you are selling your Bitcoin in person. After that, we discuss the ways that could be used to withdraw Bitcoin. So, if you want to understand all about selling Bitcoin methods, read this article to the end.

Requirements Before Starting To Sell Bitcoin

When you want to start selling your Bitcoin, cryptocurrency exchanges could be an easy and fast method. However, almost all of them require the following things:

– Register an account

– Providing documents for “Know Your Customer” (KYC) to confirm your identity

Besides, you also need to have a cash-out method to receive your funds, meaning a bank account or credit card. If you already registered an account in an exchange by which bought your Bitcoin. Then you don’t need to re-enter your identity documents to sell Bitcoin. You should also check the crypto exchange currencies list to make sure that it supports the currency you want to cash out with.