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How you sell bitcoin

how you sell bitcoin

can be answered (like what will happen if the user is unable to deposit payment in time). Ways to Sell Your Bitcoins, note on PayPal: If youre accustomed to using PayPal, we have some bad news for you. If cash or bank wires arent for you, then its also possible to receive payment via alternate payment services and methods, such as: Amazon Gift Cards, google Play Gift Cards iTunes Gift Cards, moneyGram. Its common for decentralized exchanges to allow you to set a price equal to the current index or major exchange price, modified by a custom percentage. A lot of people do not think of this option, but it works. Cons: Not all exchanges accept customers from every country, and not all exchanges support cryptocurrency to fiat conversions either. You should also be more cautious when dealing with a new buyer without any reputation. Selling bitcoins is not much different from buying bitcoins. How to Get a Good Price When Selling Your Bitcoins. Step 3 - Initiate the Sale: Select the "Sell" tab on Coinmama's homepage option.

Once the fiat funds are in your bank account, you can then withdraw them as regular cash. You will discover that there are two different types of bitcoin exchanges: Sites where you can buy and sell bitcoin Sites where you can trade cryptocurrency pairs Any site with a simple buy/sell function should suffice, so long as it allows you to sell bitcoin. That will give you some idea of the international price.

Coinmama Now Lets You bitcoin cash koers dollar Sell Bitcoin Coinmama makes it easy to sell your Bitcoins for Euros, sent to any sepa bank accounts. Now that youre aware of the various methods available for selling your coins, its time to discuss how to get the best price! This is how many people find trade partners in countries like Venezuela or Israel. The buyers payment window. Visit the buy page of this site for more help finding an exchange in your country. Graph image via Shutterstock. Note however that your local fair price may be significantly higher than the US Dollar or Euro price on a certain exchange or index. For this reason, cash buyers are often willing to pay a price premium. BitStamps newest feature lets its users cash out bitcoin for gold. You may now skim through the list and select offers to examine more closely. Please have your bank details (including iban) at hand and your Bitcoin wallet ready for sending before initiating a sale.