Do you want to know how to sell cryptocurrency? Worry no more as you have come to the right place where you will learn how to sell cryptocurrency professionally. Whether you are new to cryptocurrency or not, there is always something new and even better to learn.
Cryptocurrency is a digital currency that is not regulated or controlled by any state or government. Popular cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH) are used as a mode of transaction or as digital assets that can be traded. The latter is now the most popular. So, you can practice crypto trading today, which is buying and selling digital coins on different platforms.
Buying or Earning Cryptocurrencies
Before you know how to sell crypto, you should have the crypto in the first place. There are two main ways to own digital coins such as BTC or ETH: buying or earning them.
As a first-time buyer, you should have a digital wallet, which is digital software or an app to store your digital coins. After this, approach an exchange platform, a BTC ATM, or an individual seller to buy the coins.
On the other hand, you can get paid in your business or for a job using cryptocurrencies. Mining Bitcoin and other cryptocurrencies is also another way of earning digital coins. From here, it is logical to ask yourself, where can I sell cryptocurrency?
Selling Cryptocurrencies
Selling on exchange platforms – If you are concerned about how to sell cryptocurrency, using an exchange platform is easier than you think. Most reputable ones require you to create an account with them, verify it, and sell crypto for cash or to your bank card. For instance, you can sell cryptocurrency with NakitCoins by registering with the platform. Well, there are many other reliable exchange platforms. Some are local, and others are global. One thing to know is that all of them charge a commission for their services. So, it is worth reading more information about them on their respective websites and social media pages.
Selling on a BTC ATM – If you are wondering, how do I sell my cryptocurrency for cash? A crypto ATM has an answer for you. Depending on which crypto company runs them, these machines are reliable and have clear instructions on how to sell cryptocurrency. They can dispense cash for your coins or send the fiat money into your Visa card instantly.
Selling through peer-to-peer platforms – Anyone who wants to know, how do I sell my Bitcoin on blockchain, can try the P2P platforms. They bring buyers and sellers together and allow them to trade how they want. So, to avoid exchange platform commission, most prefer to meet and trade directly on the blockchain. So, does blockchain sell Bitcoin? Well, it is people who trade on the blockchain. Therefore, the seller sends the coins directly to the buyer’s digital wallet.
Conclusion
Now you know how to sell cryptocurrency, don’t you? As mentioned, you first need to have your favourite digital currency such as Bitcoin before you can think of selling it. The good thing is that there are many options for selling, and you should pick the one that you prefer.
