This is a New account. To sell crypto the account status needs to be upgraded to Trusted.
For this you need to fulfill a small Buy transaction first. This is a new business account. Either the daily, monthly, yearly or lifetime limit of your Trusted account has been reached.
How to Sell Bitcoin
Either the daily, monthly, yearly or lifetime limit of your account has been reached. Buying price Selling price Create new account To buy and sell Bitcoin Cash you first need to create and activate your account. Get started. Add address. Buy Bitcoin Cash. You have successfully completed your first buy transaction. As soon as your payment arrives on our bank account you can start to sell Bitcoin Cash. This will typically take one working-day. Thanks for your understanding. After it has been checked you can start selling Bitcoin Cash.
Account code No code? Please enter a valid Bitcoin Cash account. Amount BCH. Trusted personal account - Need verification? A secure location, such as a bank or police station lobby, is recommended. If you intend to do many such cash trades, you might want to invest in an ultra-violet counterfeit bill detector or a counterfeit detection pen. Also, if your buyer indicates any intention of using purchased bitcoins for illegal activities, cancel the trade immediately. For selling Bitcoin online, up to 70 different payment methods may be requested depending on your location , including traditional options such as bank transfer, PayPal , Western Union and so on.
Because it is decentralized, using Bisq is a little bit different than a traditional exchange. It is similar to using Napster or Limewire - There is no website to go and log in to. Instead, you must download the Bisq client. This creates your own node on the peer-to-peer Bisq network. Once you have the software downloaded, no one - not even Bisq - can prevent you from trading on the network because you are running the exchange locally on your machine.
Once you node is up an running, you will be given a recovery phrase to recover your node if your machine dies.
Don't worry: you don't need to keep all the funds you want to trade in the local hot wallet. Bisq just asks you to lockup a small percentage of your desired trade as a way to prevent spammers and fraudsters from using the network. If you want to learn more about Bisq and how it works, as well as some of the new functionality recently added to the platform, Unhashed Podcast did an interview with one of their lead developers if you want to understand better how a truly decentralized exchange can work.
HodlHodl is another decentralized exchange option. They work a little bit differently than Bisq, though. With HodlHodl, you do create an online account with the exchange. However, the exchange is not custodial. HodlHodl never takes possession of your funds, protecting you from exchange hacks and exempting HodlHodl from having to collect information about you that limits your privacy.
Sell Bitcoin To Bank Account instant transfer
We think collecting this data does more harm than good by exposing law-abiding users to fraudsters and criminals. The information and documents users upload to exchanges has been stolen many times in the past. It also does very little to prevent actual money laundering and criminals from using those services. They always find ways. HodlHodl also recently open-sourced their exchange source code so anyone who wants to can copy it and start their own version.
It is currently permissioned, however, meaning you have to ask HodlHodl to give you the source code. The private sale method has several advantages; no fees, convenience and, depending on the level of trust and familiarity, the highest security. Most of the time, opting for crypto payments can end up costing you less than going through the hassle of converting crypto into fiat. One great way to use crypto to pay for your expenses is the Binance Card , which allows you to use the crypto on your Binance account to pay for your bills anywhere in the world.
The card is now available in many countries in Europe, with more areas to follow soon.
Sell Bitcoin Cash (BCH) for Euro | SATOS
Get one now, and you may not need to cash out for long. Sell Bitcoin directly to other Binance users to exchange them for your local fiat currency. Browse a variety of Bitcoin listings to shop for the best offers on Bitcoin from other users.