You never have to pay any fees to sell your bitcoin for cash here. This method is fast, easy and convenient for both parties. From here, you can zoom in on your location and search for local bitcoin ATMs. The following trading pairs are available on btcbox: BCC/JPY. If the machine requires you to verify your identity, then you will need to start out by completing the verification step. Whether you have just recently purchased your first bitcoin or you are only now looking into doing so, you probably have a ton of questions involving bitcoin conversions and how you can buy and sell cryptocurrencies. For trading BCC for supported fiat currencies, HitBTC requires you to complete a verification process. You already are used to using ATMs to withdraw fiat currencies, so the idea of using them to withdraw your bitcoin as cash has obvious appeal.
Are your selling your BCH or hodling it? Pros: On an exchange platform, you have the option to buy, sell and trade cryptocurrencies. Cons: You have to deal with another person face-to-face. Bitfinex, bitfinex is also one of the biggest. And if it works out, you could even end up with a repeat buyer who is easy to deal with in the future. Use a bitcoin exchange. When initiating a withdrawal of a sell from your fiat how sell bitcoin for cash wallet to your bank account, a short holding period will be placed before you can withdraw the fiat from the sell. (Note: it is generally not a good idea to meet up with strangers to exchange bitcoin for cash in person. You can register as a seller on platforms such as LocalBitcoins, BitQuick, Bittylicious and BitBargain, and interested parties will contact you if they like your price. It is one of the most popular sites on the web for the buying and selling of bitcoin between everyday ordinary people. Once the fiat funds are in your bank account, you can then withdraw them as regular cash. However, there is no limit on the amount you can sell to your wallet. Cash options include cash at ATM, cash deposit and cash by mail.
But actually, there are several approaches you can take, and none of how sell bitcoin for cash them are difficult. You will probably both show up with your smartphones. Interestingly, this is fast becoming a standard feature for bitcoin ATMs, though as of the time of this writing, the majority still only allow you to buy bitcoin with cash. Bitcoin exchanges out there. . This is where the terms of the exchange can be spelled out clearly and any questions can be answered (like what will happen if the user is unable to deposit payment in time). Still can't find what you're looking for? Let me know in the comments below! On the page which opens next, click on the Sell tab. You can sell to a buyer whose terms are acceptable to you. Here the user is able to type out any additional details that he or she wants you to know. Navigate to Bitquicks Sell page. What type of exchange you choose to sell your bitcoin will depend on what type of holder you are: small investor, institutional holder or trader?
Sometimes more than one confirmation (up to how sell bitcoin for cash six) is needed before you can use the redeem code and get your cash. You can do this by joining a local bitcoin meetup group, or you can check on social networking sites like Facebook to see if there are any local groups. Bitcoin, cash, while other exchanges are still trying to catch. But some users are still looking for reliable exchanges which are supporting the deposit/withdrawal/trade of. Western Union) as your method to receive payment. There is also a section called Terms of Trade on the right.
For trading supported cryptocurrencies, verification is not required on HitBTC, but this feature has a limited cap. Here are a few sites which I recommend for selling your bitcoin : Coinbase Indacoin (no USA customers) Here is a list of US friendly bitcoin fiat exchanges where you can use.S. As of the time of this writing, the site has served more than 67,000 customers. So if a buyer has a low rating, you know to avoid them. So generally no questions are asked. But banks are concerned with who is taking money out of an account, not who is putting. BTC held on orders will also be credited. And if you are lucky enough, you can enjoy the same benefit of forking, if in the future a fork happens again. And needless to say, it will be interesting to see how the story of BCH goes from here. It may also be helpful to know that the following types of ATMs are most likely to allow you to sell bitcoin : GenesisCoin, specifically Genesis1 and Satoshi2 machines Robocoin (largely defunct) BitAccess General Bytes, specifically batmthree models. Some require verified identification for all trades, while others are more relaxed if small amounts are involved. Changelly allows you to exchange your BCC funds for 30 altcoins and also for original BTC. Dollars to buy bitcoin and you can sell bitcoin for.S.
However, readers need not get confused because BCH and BCC are both abbreviated forms. Your funds are not released to the buyer until you verify with the website that the buyer did indeed deposit the cash. Changelly Changelly is a popular multi-cryptocurrency exchange. Click how sell bitcoin for cash on Quick, sell. Put in however much bitcoin you want to sell. This can be a fast and easy method if you find the right person and the right location to meet. You need not trust any third party to control your keys. Here is how it works. Last Updated: 20th January 2018, these days virtually all the methods available to buy bitcoin also offer the option to sell. On the left, choose BTC as the currency that you are selling. Pros: Choose a cash method of your choice for payment.
With wallets such as Ledger Nano S, Trezor, and Jaxx, you can securely control your private keys and can be your own bank. At present, Shapeshift 30 cryptocurrencies (including Bitcoin Cash ). You probably are aware that there are bitcoin ATMs now where you can walk up and buy bitcoin with cash. The exception is bitcoin, aTMs some do allow you to exchange bitcoin for cash, but not all. If after doing that you still are not sure, call the venue and ask. Then you will go your separate ways. But if you wish to do vice-versa you can very well do so through Changelly. Conclusion: It Is Faster And Easier Than Ever to Sell Bitcoin For Cash While bitcoin is great to invest in, there are going to be times when you want to convert your bitcoin into a fiat currency like US Dollars. You then put in your email address, choose an authentication method, and submit your order.
Finding buyers on Localbitcoins may be faster. Selling bitcoin is fee-free, as is cancelling the order if you change your mind. In the lower left are some checkboxes where you can specify what you are looking for and narrow down the results. Once you confirm the cash deposit with BitQuick, the bitcoin will be sent to the purchaser. With Localbitcoins, you have to check buyer profiles and manually accept or reject offers, but BitQuick automates that whole process for you based on the information which you provide when you fill out the form how sell bitcoin for cash to sell bitcoin. Navigate to the Coin ATM Radar homepage and you can scroll down to see a map of the world. If you pick an ATM which dispenses cash immediately, you have a fast and easy way to get your money.
So it may take you longer to get a deal that you are how sell bitcoin for cash happy with. Cons: You can only choose bank, credit union, or money transfer service (i.e. Only the BTC held on your account is eligible for BCC. That way you can be sure you will have what you need when you arrive. The reason is that operators of ATMs are able to enable and disable certain functions, including sell functions. Some users who are new to LocalBitcoins are not clear on what cash deposit means. Coinbase only allows you to sell directly into your Coinbase fiat wallet. You need to wait through the confirmation process. You can choose US Dollars, British Pounds, Euros or Russian Rubles. Enter in the approximate value of the bitcoin you are trying to sell, select the currency of cash you want to receive, choose a country, and then pick a payment method. Sell your bitcoins at an ATM. Each exchange has a different interface, and some offer related services such as secure storage. If you want to sell bitcoin for cash in a hurry and a transaction falls through, then you will have to start all over again.
Finally, another option for selling your bitcoin is to do it in person. This will pull up a list of buyers who are potentially interested in buying bitcoin from you. Just as an example of how this can work, lets consider. So how sell bitcoin for cash if you are in the market to sell, there are plenty of folks in the market to buy. Using Changelly exchange is another way of selling your BCC (Changelly denotes Bitcoin Cash as BCC). Bitcoin, cash interchangeably as this is how they are displayed on the respective exchanges.
If you are okay with a range, you can put in a minimum and maximum transaction size; otherwise, you can just enter an exact amount. To get started, you need to create a Bittrex account and verify yourself by submitting the valid ID proofs. Access a huge marketplace of buyers. You can scan this to send your bitcoin. Pros: This is an incredibly simple and straightforward method for selling bitcoin. Submit A Request, chat with a live agent. The ATM will then let you know the exchange rate and the fee, and then it will provide you with a QR code. You can, if you wish, exchange your bitcoin for other cryptoassets rather than for cash. The buyers payment window. While BitQuick is arguably easier to use than LocalbitCoins, it is also a lot smaller. This means that it is always smart to look up online whether a particular ATM will allow you to sell, especially if you need to drive a long distance to get. You may now skim through the list and select offers to examine more closely.
Now its time that how sell bitcoin for cash to hear from you: Which BCH wallets or exchange are using? You will see how much cash you can get in return for. Some exchanges such as ShapeShift focus on this service, allowing you to swap between bitcoin and ether, litecoin, XRP, dash and several others. Some platforms such as, gDAX and, gemini are aimed more at large orders from institutional investors and traders. All you do is kick back and wait. This ratio or coefficient settled at 1:.8539 at the time of distribution, meaning for every 1 BTC, the holder got.8539 BCH. The company has stated that there are around.35 million users globally right now, and that weekly transaction volume is equivalent to around 14 million.
There is no option for cash via mail. That means selecting the payment method you are willing to accept, filling in the applicable information, and then entering in the amount you want to sell. Here is the verification policy and verification guide. . All fees are paid by the buyers (except cancellation fees, if you choose to revoke your sell order). Please be aware we are waiting on extra confirms for BCH inputs and due to long block times, your exchange may be delayed multiple hours.
Here is what they said to users: If you have a Bitcoin (BTC) balance on Bittrex during the BCC uahf time on August 1st, 5:20am PT (12:20pm UTC you will be additionally credited the equivalent amount of Bitcoin Cash (BCC) on a 1:1 basis. You will find hundreds of positive reviews for it online. BCH is online on ShapeShift. When you click on an offer, you will find yourself on a new screen which will provide you with the following information: An exchange rate. They were a little dicey before the fork on their decision of trading BCC, but they have credited a 1:1 ratio of BCH funds to BTC holders after the fork. Sell Bitcoin, for, cash.