You can sell Bitcoin for cash instantly using a variety of methods. Peer-to-peer, in-person, and trading on a cryptocurrency exchange are some of them. Another is through the help of a conventional broker. Each of them has advantages and its own way to sell Bitcoin for cash instantly. This article will examine two popular types of exchanges where you can sell Bitcoin for cash instantly.
A Physical Crypto Exchange Office
A physical cryptocurrency exchange is a platform for purchasing and selling Bitcoin and other digital currencies in person. This is a well-liked method for crypto traders and investors to sell Bitcoin for cash instantly. NakitCoins and Coinsfera are two well-known examples of this kind of physical cryptocurrency exchange. A method of identification is necessary to use an in-person cryptocurrency exchange. This could be a current driver’s license, passport, or national ID.
How to sell Bitcoin for cash instantly at a physical crypto exchange office
At a physical crypto exchange office, to sell Bitcoin for cash instantly requires only a few simple steps. Let’s look at them now.
Step 1: Find the nearest location of a physical cryptocurrency exchange office.
Step 2: Communicate your intentions to a representative.
Step 3: Carefully read the conditions of service.
Step 4: Show a form of identification.
Step 5: Complete the task as directed.
Step 6: Await your payment. Payment is always made within a few seconds to a few minutes of getting a confirmation for the BTC you sent.
A Centralized Online Exchange like Binance
Binance now gives cryptocurrency users the option to sell Bitcoin for cash instantly on their platform. The steps that follow will show you how to sell Bitcoin for fiat currency and send your money straight to your debit card.
How to sell Bitcoin for cash instantly on the Binance app or website
The process is straightforward if you follow the instructions.
Step 1: Log in to your Binance account and then select the option to sell your cryptocurrency.
Step 2: Choose Bitcoin as the cryptocurrency type you wish to sell and enter the amount you wish to sell. Choose the fiat currency you want to receive as well. Then click “continue.”
Step 3: Decide on a payment option by selecting “manage cards” and selecting one of your current debit cards or adding a new one. You should be aware that when trading cryptocurrency for fiat currency, Binance only accepts Visa and MasterCard. You are only able to save a maximum of five cards.
Step 4: Verify the payment information and confirm your sale in 10 seconds or less. To continue, select “confirm.” You should be aware that the price you will receive will be calculated again after 10 seconds.
Step 5: Verify your sale’s progress. Take note that you can click “view history” to view the specifics once your sale has been processed successfully.
Two popular exchanges where you can sell Bitcoin for cash instantly have been highlighted in this article. You should be aware that in order to utilize this feature on Binance’s website, you must first have an account with the company. However, you do not need to have an account to sell Bitcoin for cash instantly at a physical cryptocurrency exchange office.