Looking to Sell Your Bitcoins? How You Can Do It In Five Steps

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If you just started investing in Bitcoin, you need to know how to sell it to turn your bitcoins in a profit. There are many ways to do it, and it mostly depends on whether you want to sell it for your country’s currency, or if you want to trade it for another cryptocurrency.

After you decided that you want to sell your bitcoins, there are some things that you need to take into account, such as how much you’re selling, how quickly you want the funds, which platform you’re using to receive the funds, and which country you’re from.

What Are Your Options?

There are four main options that you can choose to sell your bitcoins, some are easier than others, but you can choose the one that fits your needs the best:

  • Cryptocurrency exchange website
  • Peer-to-Peer platforms
  • Bitcoin ATM
  • Sell it in Person

The safest and easiest way to sell your bitcoins is through a cryptocurrency exchange website. You just have to make sure that you’re placing your bitcoins in a trusted place, and that you’re selling at an appropriate exchange rate.

How to Sell Your Bitcoin in Five Steps Through Cryptocurrency Exchange Websites

Step One – Find an Exchange Website:

There are a lot of exchange websites on the internet. You have to be careful about which one you choose because some of them are not trusted or don’t have reasonable prices.

When looking for a Bitcoin website, you need to make sure that the site supports your country’s currency. For example: If you live in the US, you have to check that the website has an exchange pair such as BTC/USD. Some of the sites may let you receive your money on other platforms such as PayPal. If you want to invest in bitcoins you can start trading with anonymous software.

Step Two – Create an Account

This step is easy; once you found a platform that supports your country’s currency, you can set up your account. The process can take up to two or three days, depending on your country and the website.

Keep in mind that the verification process also depends on how much Bitcoin you’re selling; if you are planning to sell a large volume, the process may take longer.

Step Three – Transfer Your Bitcoins to the Site’s Wallet

When you create your account, the website gives you a deposit address. You can use that address to transfer your bitcoins to that wallet. The process may take up to an hour.

Step Four – Place a Sell Order 

When you have your bitcoins on the wallet, you can place a sell order quickly using the website’s platform. If everything is fine after you review the transaction details, click on ‘Sell.’

Step Five – Withdraw Your Funds

When you are done with the transaction, you can choose to withdraw the funds to the platform that you choose. Some sites let you use your bank account, Payoneer, PayPal, and many other options.

The process may take place immediately, or it could take a few days. It depends on the country and the website.


Selling bitcoin is very easy; once you know what to do, you can do the process with only a few clicks. However, make sure that you are selling on trusted places, and that you always check the website’s fees and withdraw options to avoid issues.