“How do I sell my Bitcoin?” is one of the first questions that comes to the mind of individuals when they become interested in cryptocurrency.Before investing in cryptocurrency, it is important that you know how to sell or exchange that cryptocurrency for Dollars or other currencies, as getting your money out is as important as the investment.
Selling bitcoin is very much similar to buying Bitcoin, excect that the procedure is somewhat in reverse process. Now that the aboki dollar to naira today is high, I will advise that you sell out your bitcoins to avoid more losses.There are several routes with which you can use to sell your Bitcoin, and we will be discussing some of the best routes in this post. Hence, if you have Bitcoin in your wallet, and you wish to exchange it for Dollars, stay glued to this post to see how to.
How to Sell Bitcoins For US Dollars 2022
There are several platforms you can use to sell bitcoins on the crypto market. Most of these platforms allows you to meet with buyers interested to purchase the bitcoins. However, ensure that you are the platform you are using is a secured and recommended platform. See the best platforms to sell bitcoins in 2022.
1. Binance
Binance is most popular cryptocurrency exchange platform, and for good reasons. They offer users the safest platform to buy or sell various cryptocurrencies.
Binance offers you a fast and convenient platform to exchange your Bitcoin for dollars. If you wish, you can convert your BTC to Euro, or Pounds, etc.
To convert your BTC to dollars on Binance, visit their website or download the Binance P2P app on your mobile phone and create an account.
After creating your account on Binance, fund the account with the BTC, then head to the trading platform to exchange your BTC for dollars.
2. Paxful
Paxful is an international peer-to-peer crypto exchange platform based in the United States. They help facilitate the transactions between crypto buyers and sellers. Its a good and convenient way to exchange your Bitcoin to dollars.
Paxful is a safe and secured platform for crypto exchanges. You can convert your dollars to cryptocurrencies in just a few clicks. On Paxful, you can be rest assured that the transaction is protected and will be duly completed. If there is any complicationsPaxful will return your bitcoins back to your wallet.
3. Localbitcoins
Localbitcoins is another popular platform you can use to convert your BTC to dollars. It is a well known peer-to-peer bitcoin exchange platform that facilitates the exchange of bitcoins between buyers and sellers.
On localbitcoins, sellers can upload advertisement containing the amount of bitcoin they wish to sell, with the exchange rate, and their preferred payment method. Buyers will click on the advert to commence transactions.
Localbitcoins is one of the largest bitcoin exchange platform in the world with over 1 million active traders on the platform. So if you’re thinking of selling your bitcoins, head to localbitcoins now.
4. Kraken
Kraken is another crypto exchange platform that can help facilitate crypto exchanges between buyers and sellers online. Kraken is based in the United States, and has a good reputation of being safe and convenient.
You can convert your Bitcoin easily on the platform by creating an account online, or downloading the mobile app onto your phone. Visit Kraken today to conduct your crypto transactions safely.
5. Coinbase
Coinbase is cryptocurrency exchange platform based in the US. They offer users a secured platform to conduct cryptocurrencies exchange transactions online. The company was launched in 2012, and has quickly gained recognition worldwide.
Coinbase has a solid reputation for being safe and secured. To convert your BTC to dollars, simply visit the coinbase website or download the coinbase app and create an account online. Once your account has been created, you can fund it with your bitcoin, and proceed to the crypto exchange platform where your BTC will be converted to dollars.
