The Bitcoin craze doesn’t seem likely to go away any time soon. In fact, over 180 million people have invested in Bitcoin globally and the number is growing by the day. If you have already bought Bitcoin, you might now be wondering how you can convert it back into cash. The good news is that there are lots of ways to sell Bitcoin instantly. If you choose the right method to sell, you will not have to wait long to receive your fiat currency. For this reason, Bitcoin is even more convenient than you thought!
In this post, we will explore the best ways to sell Bitcoin instantly;
Crypto exchanges are the number one choice for you to sell Bitcoin instantly. They are online platforms that facilitate the buying and selling of cryptocurrencies along with crypto-to-fiat or fiat-to-crypto trades.
These exchanges have been around for many years and built a solid reputation. They are also very user-friendly, which makes them ideal for those who are not very tech-savvy. NakitCoins is an excellent example of a top crypto exchange. So how can you sell your bitcoins instantly via an exchange?
The process is quite simple. First, you need to create an account with the exchange of your choice. Once you have done that, you will usually need to verify your identity. You will usually do this by uploading a photo ID and proof of address.
After your account has been verified, you will need to deposit your bitcoins into your account. Once the Bitcoin has been deposited, you can create a sell order. The exchange will instantly match you with a buyer, and the trade will be executed in real-time. The proceeds will then be credited to your account, minus the exchange fees.
Peer-to-Peer Markets Places through Direct Trade
Another great way to sell Bitcoin instantly is through direct or person-to-person trades. This is where you find a buyer willing to trade with you directly. There are many ways to find such buyers. You can use online platforms such as LocalBitcoins or Paxful. These are peer-to-peer marketplaces that allow you to find buyers who are willing to trade with you directly. You can also use social media platforms such as Facebook or Twitter. There are many groups on these platforms that are dedicated to Bitcoin trading. Alternatively, you can go to your local Bitcoin meetup group and find buyers there.
Selling Bitcoin through a direct trade is similar to an exchange. The only difference is that you are dealing with an individual directly rather than a platform. Once you have found a buyer, you agree on a price and payment method. After that, you can then execute the trade instantly.
Sell Your Bitcoin Whenever You Want
As we have illustrated, there are plenty of places where you can instantly sell your Bitcoin. All that matters is your preference. If you would like to do it online from the comfort of your home, the best choice would be a crypto exchange or reputable peer-to-peer markets. Regardless of which method you choose, ensure is both safe and convenient.