If you are new to the world of trading in this virtual currency, you may be wondering how to sell and buy Bitcoin. Selling this virtual asset is not as difficult as it may seem. It is similar to any other online transaction you might have conducted in the real world. But to make it easier, you will need to learn how to buy and sell this asset using virtual means. This will give you a realistic idea of what it takes to get involved in the world of investment.
Create an online account or log into your existing account. When logged into your account, simply follow these simple steps: Set your purchase price in the global market. Select the currency in which you wish to receive payment (usually, US dollar). When selecting the specific amount of money to be transferred, make sure to set the transaction to be an electronic one so that you can protect yourself from the misuse of your personal information.
How to Sell Bitcoin
Select a payment gateway that allows you to conduct electronic transactions. Your choice of payment gateway will depend on how you intend to use your funds once you sell your investment in the crypto market. Determine if you want to withdraw your investment through the conventional banking system or if you prefer to withdraw it using your favorite electronic trading system like Bitcoin Equaliser. For example, some people prefer to withdraw their funds through the bank while others prefer to redeem them using the Internet. Once you have determined the options for withdrawal, you are now ready to actually sell your bitcoin. Select a trading platform that provides you with an easy-to-use interface to conduct the sale.
Select an Online Platform
To sell or buy bitcoin you have to choose an online platform. Once you have selected your platform, check to see if it provides you with a simple and easy-to-understand way to sell your asset. Some platforms provide you with a variety of different ways to list an offer on the platform such as posting it in public or private directories, sending it to recipients by email or fax, and broadcasting it on a popular chat or forum platform.
There are other simple ways to sell a certain type of asset on these platforms that do not require you to learn complex Internet trading procedures. After you have chosen and tested your platform, proceed to the section where you would list your sell order. This is usually done through the platform’s form. It is advisable for new traders to register at least once before they begin to list and offer to trade on the exchanges. Most platforms provide you with a form that requires basic information such as your name, age, gender, contact details, and currency preferences. You may be required to pay a small fee to upgrade your account once you have reached an appropriate level of competence.
Select the Payment Method
The next step is to select the payment method that you would like to be used when you list an offer on the platform. If you wish to receive payments through PayPal or Moneybooker, you will be able to do so after your registration has been completed.
If you want to be paid through another avenue, there are several third-party payment methods that you can use such as Credit Card MasterCard, Paypal, and Moneybooker. Choose one that works best for you and provides the most security as your buying process may involve the transfer of sensitive personal and financial information. It should be noted that the majority of online exchanges do not charge any fees when you begin selling your Bitcoins, although they may require some sort of form of identification before approving the sale.
This is actually not a significant issue as nobody will be buying your product if they cannot verify who you are, so it is not necessary to use a fake identity. Once you have established your identity, however, you can continue with selling and receive your payment directly from the buyer; if you would like to take care of any additional details related to your sale, you can always request a custom quote from the exchange when you have created your account.
Final words
If you have bought bitcoins and you want to sell them now it is easy because there are many online platforms where you can register and sell or buy bitcoin. The selection of a trustworthy platform is very important. Search about them online and read there reviews before signing up for an account
