The best self-custodial Bitcoin wallets also enable you to customize the ‘network fee’ each time you send. This means you can save money on transaction fees when you’re not in a rush, or pay more to send faster when you are. You can buy bitcoin from the website using your credit/debit card or other payment method (Apple Pay, Google Pay, etc.). When you buy bitcoin from our website, you’ll need to decide where to receive it. This means you’ll need to input a Bitcoin ‘address’ when prompted.

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First, create an account at a cryptocurrency payment gateway CoinGate. Then, click either the “sell” or “buy” button, and follow the instructions. A cryptocurrency wallet is where you store your cryptocurrencies after you have bought them. You can compare a cryptocurrency wallet with your bank account.

Verify your account

These fees cover the exchanges’ operating costs plus a small margin. In general, you’ll pay lower overall fees for larger purchases, so it often makes sense to avoid making many small buys. When you buy bitcoin with a government-issued currency through an exchange service, you’re interacting with a regulated business. Such businesses must comply with Know Your Customer and Anti-Money Laundering regulations pertaining to the transfer of money.

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And all the carried out on the platform will be made only by the account owners. Simply select your Bitcoin wallet and the Sell option. Alternatively, you can use your Bitcoin to make payments, send to friends and family, or spend in-store with the Tap Card.

Earn Bitcoin

While many have heard of Bitcoin, few actually know what is Bitcoin. The cryptocurrency can sound overwhelming to understand, but in actuality it is quite simple. Bitcoin was invented in 2008 by an anonymous entity by t he name of Satoshi Nakamoto and changed the financial market as we know it. Since its inception there are now over 7,000 cryptocurrencies and over $370 billion of market value. Whether you want to call it BTC or Bitcoin, this pioneering cryptocurrency is here to stay.

Join Bitso, Latin America’s leading buy sell btc-based financial services’ company. As an established exchange with cutting-edge technology, offers an efficient and convenient trading system as well as an instant deposit and withdrawal service. One-stop solution for flexible and high yielding financial and asset management services such as HODL & Earn, Crypto Lending, etc. We work only with verified and trusted partners to give you a secure and seamless crypto-buying experience.

Buy or sell crypto with multiple payment methods

These regulations require the collection and storage of customer information, including identity documents and sometimes proof of address. When you sell bitcoin through an exchange service, you’re interacting with a regulated business. Such businesses must comply with Know Your Customer and Anti-Money Laundering regulations. By staking your crypto, you can generate passive income. Staking is a fantastic method to make money on your assets. You can earn returns by staking your cryptocurrency that would otherwie be sitting idle in a wallet.

  • There’s a new million-dollar heist nearly every week.
  • Start trading bitcoin and tether instantly at the best rates with low trading fees.
  • LocalCryptos enables you to buy and sell crypto using non-custodial wallets and a non-custodial escrow system — powered by smart contracts.
  • When you sell bitcoin through an exchange service, you’re interacting with a regulated business.
  • Crypto has earned itself a poor reputation, but it’s not because of the technology.
  • Your money available anytime and all in one account.

If you haven’t done so already, follow the instructions to connect your bank account. Bitcoin is the first decentralized digital currency, which we now refer to as cryptocurrency. The white paper of Bitcoin was written by Satoshi Nakamoto in 2008 and was released in January 2009.

Selling bitcoin on our website

This is all it takes to start buying and selling cryptocurrencies using various payment methods that are supported in more than 100 countries. Bitcoin is a digital form of cash that does not rely on any bank, financial institution or authority to operate. Through a decentralized network of computers, the platform is able to execute transactions from anywhere in the world. Each transaction requires a small fee which is paid to the miners verifying the data. If you’d like more information on Bitcoin and how it operates, see our articles covering the topic. Fees for selling bitcoin depend on the payment method and platform/venue used.

  • Beyond that, exchange services charge additional fees for facilitating trades.
  • Get started and buy crypto and NFTs in minutes, no prior knowledge needed.
  • In that case, you’d then want to withdraw it to a Bitcoin wallet you control.
  • University Learn everything from blockchain fundamentals to crypto trading.
  • For example, you may be asked to register an address before sending bitcoin to it, and you may be required to wait several days before being allowed to make a withdrawal.

It also means you can send your bitcoin wherever XRP you want, whenever you want. However, since anonymity is possible on these venues, there’s a higher chance of fraud. The buyer will then release funds from escrow, but the “received” bitcoin will then disappear from buyer’s wallet display. Read more about the replace-by-fee vulnerability here, and steps you can take to not fall victim here. For privacy-conscious buyers, therefore, P2P platforms can be an attractive method for obtaining bitcoin.

Read more about Bitcoin…

Every time you buy or sell cryptocurrency, you will have to pay a fee that varies greatly depending on your chosen method. Buying with a bank account usually costs way less than, for example, buying with a credit card. If you’re paying with a credit card or bank transfer, you’ll of course need to factor in the fees for using those payment methods. If you know someone who wants to sell bitcoin, you can buy directly from that person. Alternatively, there are a number of platforms that act as a matchmaking service, helping sellers find buyers and vice versa. Buyers and sellers then negotiate trades on a peer-to-peer basis.

Sending bitcoin is as easy as choosing the amount to send ETC and deciding where it goes. From Satoshi’s white paper in 2008 to the financial phenomenon it is today. Bitcoin, and cryptocurrency in general, have come a long way. We have created pages to give you information about anything Bitcoin related. Bitso gives you access to buy and trade more than 48 cryptocurrencies, fast and simple.


Deposit and withdrawal functions are fast, It’s the best app I can recommend to anyone interested in trading crypto. If you’d like to take full control of your bitcoin, send it from the exchange to your self-custody wallet (like the Wallet). Follow the website’s instructions to buy your bitcoin or other digital asset. Either create a listing for the amount of bitcoin you’d like to sell or browse through the listings of people looking to buy.

Why sell bitcoin?

You may wish to sell your BTC for a variety of reasons including cashing in profits, avoiding losses if you feel the market is turning against you, or to buy other cryptocurrencies.

Understand the different buy sell btc types and their respective pros & cons. Choose whether you want to pay in USD or another local currency, and enter the currency amount (eg. $100). Of course, it’s also possible to buy bitcoin face-to-face. For example, you could give cash to your friend in exchange for receiving an agreed amount of bitcoin. Your money available anytime and all in one account. Send and receive cryptocurrencies between friends from all over the globe.

How do I sell my bitcoin?

Coinmama makes it easy to sell your BTC. You can check our step-by-step guide here.