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Home»BITCOIN NEWS»How to sell Bitcoin for cash quickly, safely and easily
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How to sell Bitcoin for cash quickly, safely and easily

By Crypto FlexsMay 8, 20245 Mins Read
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How to sell Bitcoin for cash quickly, safely and easily
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– BitPay makes it easy and convenient to sell BTC and other top cryptocurrencies for cash.

– Transactions can be completed safely using the BitPay app.

– Pay less fees and store more of your cryptocurrency

Even the most dedicated HODLers sell cryptocurrencies from time to time. Whether you want to profit from the top, diversify your assets, or simply need some quick cash, BitPay has you covered. Take advantage of flexible limits on your cryptocurrency sales and always low and transparent fees. If you’re ready to sell cryptocurrency but aren’t sure where to start, our guide to selling cryptocurrency with BitPay will show you the way.

How to Sell Bitcoin with BitPay

Step 1: Download the app

Download the app for your iPhone, iPad, or Mac computer. Scan the QR code or visit the iOS Store to download the app. If you already have the BitPay app, skip this part.

Step 2: Press “Sell Cryptocurrency”.

Tap the ‘Sell’ button on the app home screen. In addition to Bitcoin (BTC), BitPay supports selling the most popular cryptocurrencies and stablecoins, including Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and more.

Step 3: Select the amount and cryptocurrency you want to purchase.

Enter the amount of cryptocurrency you want to sell and the amount of cash you want to receive.

Step 4: Choose a payment method

You can choose to have the cash deposited into your bank account or onto your existing debit card.

Step 5: Review and select proposals

BitPay partners with several cryptocurrency offramps to ensure you always get the best rates, with no hidden fees or excessive markups. Once you’ve selected the offer that’s best for you, you’ll automatically be redirected to one of our partner sites so you can enter your information and complete the sale.

Step 6: Send your cryptocurrency and receive cash

Once a sell order is created, send the cryptocurrency to the Oframp wallet address. Once the transaction is confirmed, your cryptocurrency will be converted to cash and delivered to your preferred payment method.

Benefits of selling cryptocurrency through BitPay

  • Competitive rates: BitPay aggregates multiple rate offers through its network partners and highlights the best options available, so you always pay the lowest price.
  • Low and transparent fees: The only thing worse than high fees are high, hidden fees. BitPay offers low transaction fees and you always know about them in advance.
  • Convenient driveway options: Receive your payment directly to your bank account or existing debit card.
  • Flexible limits: You can sell from as little as $30 to as much as $100,000 per day. BitPay provides the same top-tier service for transactions of all sizes.
  • Global Support: Payouts are available in over 80 countries around the world.
  • Safe and Secure: Transactions through BitPay are protected by industry-leading security. BitPay partners only with industry-leading offramp platforms.

BitPay’s self-custodial wallet opens up a wide world of cryptocurrency commerce possibilities. If you are seeing excessive gains following the recent bull market, you can take advantage of this in a variety of ways.

  • Spend directly with seller: BitPay has over 250 partnerships with some of the world’s most popular retail brands, restaurants, and service providers that accept direct cryptocurrency payments. Check out how we are constantly growing seller directory To view a searchable list
  • Pay your bill: BitPay Bill Pay lets you use cryptocurrency to pay for credit cards, car loans, mortgages, and more – no bank account required. check us out Step-by-step guide For details.
  • Purchase gift cards: Gift cards are a gift that never goes out of style. BitPay allows you to use Bitcoin or other cryptocurrencies to: Buy gift cards From hundreds of brands and sellers.

FAQs about selling cryptocurrency

Now that you know how easy, safe, and convenient it is to sell cryptocurrency through BitPay, let’s address the remaining questions.

How can I sell Bitcoin?

You can sell Bitcoin and other major cryptocurrencies using the BitPay app or directly through the BitPay website.

Why is selling cryptocurrency through BitPay a good idea?

BitPay reduces the barrier between you and your money. A quick trade allows you to diversify your portfolio by selling off some of your profits or freeing up some cash to put into other asset classes. And you’ll always pay low fees and be protected by the highest level of security.

How quickly can I sell my cryptocurrency and get paid?

Transaction times may vary depending on the partner rate and payment method selected. It usually takes 24 to 48 hours for funds to be deposited into your checking account.

Is BitPay a safe place to sell cryptocurrency?

Yes – BitPay, a secure platform for cryptocurrency trading, works only with reputable offramp partners.

What types of cryptocurrencies can I sell through BitPay?

BitPay supports sales of the most popular cryptocurrencies and tokens, including:

  • Bitcoin (BTC)
  • Dogecoin (DOGE)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • USD Coin (USDC)
  • Tether (USDT)

Which wallets work to sell cryptocurrency through BitPay?

BitPay enables cash conversion from any self-custodial wallet. Manage and sell your cryptocurrency directly through the BitPay Wallet app or convert from almost any wallet to BitPay.com. Bring your self-custodial wallet to the app for seamless cryptocurrency trading.

Can I sell only a portion of my cryptocurrency stash?

BitPay allows flexible cryptocurrency conversion starting from $30. You can sell up to $100,000 per day and $250,000 per month via ACH and bank transfer, or up to $10,000 per day and $100,000 per month for card transactions. Limits may vary depending on off-ramp partner and payment method.

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