Dec 12, You can learn a lot about yourself by how you trade bitcoin. In my case, I was reminded that my appetite for risk rounds down to zero. In many ways, trading digital currency in person is about as easy as it gets. All you need to do to sell your Bitcoins is scan a QR-code on someone's phone and . If you are a lucky Bitcoin owner, you can use it to make direct purchases or sell. In this guide we would like to share with you best ways to sell bitcoin. How do I sell large Bitcoins safely and securely? Selling bitcoins online is convenient but much less private than selling bitcoins for cash. The recipient can easily redeem the gift card against bitcoins at the exchange bonafide bitcoin at that time. All rights reserved. Trading bitcoin via CFDs is incredibly risky - even by bitcoin's usual standards of risk. By putting you directly in contact with the buyer, they leave the method of trading up to you, including potential in-person exchanges, which are incredibly risky to do with a stranger. You have to make the trade manually and you have to be ready to do so in a timely manner. Or you could just want out of the bitcoin game and have decided it's time to sell it all. However, outside of these traditional assets, there are other opportunities such as real estate, promissory notes, tax lien read more, private placement hoq, gold and even Bitcoins. Whatever your reason, there are ways swll sell and trade bitcoin to fit your need. LocalBitcoins provides an escrow service, and the transactions are instant, as long as both parties have sufficient funds in their accounts. How eazy I locate a bitcoin merchant to sell my bitcoin to? The first ATM appeared in and its number is still growing. Limit tries to order at the specified price or better. One of the most common and simplest ways to sell bitcoin online and convert it into hard cash is through an exchange platform. Some competitors have become mainstays in cryptocurrency news, but none have yet matched bitcoin's value. The exchange you choose will depend on what type of holder you are: small investor, institutional holder or trader? Direct trading websites like LocalBitcoins and Paxful connect buyer and seller directly without any additional third parties. You have to make the trade manually and you have to be ready to do so in a timely manner. Exchanges act as a middle-man by selling your BTC for you. The verification may take a few days or even longer, so make sure you set up your account well in advance of when you plan to trade. How do I sell bitcoin? Once your account is created, link your bank account to it ia that when you have made your trade hoa can get your cash out original bitcoin paper as little hassle as possible. LocalBitcoins is the most popular of many services that will help you find local buyers to meet in person. But actually submitting the transaction can feel like rolling the dice. You will probably need to create your account and get verified to confirm your identity. There is also a different type of derivative that some prefer to use when trading: A bitcoin contract for difference, more commonly known as a CFD. When will you sell your Bitcoins? Log In. What is the easiest way to buy Bitcoin? Just send the bitcoin, collect the cash or mobile payment, and have a celebratory drink together. Please refer to How do I sell Bitcoins? CNNMoney Sponsors. However, the exchange has relatively high fees. That can take a few days to process. You will probably be required to provide a photo-ID for verification before placing any orders. Fees using these methods are usually 0. What is an easy way to make money, like selling Bitcoins on Local Bitcoins? Some ATMs only allow for the buying of bitcoins, while some offer both buying and selling. Who wants to sell large amount of bitcoin? Go to GDAX and login with your information. Sign In. Answer Wiki. Kraken Kraken is another esy exchange that allows fiat currency deposits click the following article withdrawals. Go to GDAX and login with your information. Retail clients can sell bitcoin at exchanges such as CoinbaseKrakenBitstampPoloniexetc. Gemini is aimed more at large orders from institutional eaasy and traders. Blockchain monitoring and event tracking service. After you purchase it online on portals such as bit4coin, the gift card or voucher will be mailed to the specified address. CNNMoney Sponsors. You may be able to find a cash trading partner at your local Bitcoin Meetup Group. You will probably be required to provide a photo-ID for verification before placing any orders. It depends on you. Find the product that's right for you. Be safe. Just make sure to check how bitcoin is doing before you make the sale. All the useful Slack tips and tricks you need to know 2 days ago. It is aptly named after its two founders the Winklevoss twins and it holds a New York State limited liability Trust status.