Selling bitcoin

Rather than routing through a centralized entity, you can sell directly to another person p2p for fiat or other cryptos if you have an account set up at places like Paxful, LocalBitcoins, or LocalCoinSwap. How to sell crypto Overall, Binance, Coinbase, Huobi, FTX and Kraken are examples of some high-volume exchanges where you can buy and sell bitcoin. Volume refers to the amount of money or digital assets being traded on the exchange at any given time. High volumes mean it’s more likely you’ll be able to successfully complete your sale of bitcoin at any given time.

Most cryptocurrencies out there have a knack for mirroring bitcoin's volatility. They're like bitcoin's shadow, moving in sync with it. So, if bitcoin decides to leap up by 10%, these cryptocurrencies might hitch a ride and climb by 5% or even 20%. On the flip side, if bitcoin dives by 10%, these cryptos might follow suit and plummet by 5% or 20%. So when you're building your portfolio, make sure to pick those assets that match your taste for volatility. You can use TradingView as your personal financial compass to compare assets. Transfer & Depositfunds instantly If you don't want to worry about keeping cryptocurrency separate from the Coinbase app, you can use what is called a hosted wallet. This wallet is held for you by a third party — in this case, Coinbase — which means you don't have to worry about forgetting your password and losing all your cryptocurrency. (That’s a real concern: Some crypto investors have lost millions of dollars because they can’t remember how to get into their wallets.)

Have you got bitcoin you want to sell? Which of these methods did you use? Did we miss your preferred way to sell bitcoin? Let us know your thoughts in the comments section below. Thanks for reading. What currencies does Crypto.com NFT support for payment? Buy BTC, ETH, and other crypto easily

Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades. How do I send crypto? Yes, you can transfer cryptocurrency into and out of PayPal. Learn how to initiate a transfer by reviewing instructions here.