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There might be a time when you are in need of money, & How to Sell Bitcoin in 2023 might be one of your concerns, if you are storing Bitcoin. Well, selling Bitcoin can be as easy and similar as buying one.
Just like there are lots of exchanges like Binance, Kraken, etc. There are numerous routes through which you can sell Bitcoin. Now, if you are ready to sell your Bitcoin, then there are lots of ways, which include Cryptocurrency exchanges, Peer to peer, Online, or through Bitcoin ATMs.
Also, here is a full-fledged article that will help you understand the different mediums of selling Bitcoin. However, if you are still looking for some extra help through customer support, then in between the blog we will provide you with a Bitcoin Wallet customer service number, Binance Support Phone Number, Ethereum customer service number, and Crypto Customer Support Number.
If you are trying to sell Bitcoin, then Exchanges are the one solution. So, what you have to do is Set up an account on the platform where you want. Then, you will need to do identity verification on that particular exchange as most of the exchanges ask for it. Also, just check out whether that exchange is available in your country or not, as many exchanges are banned in particular countries.
Now, once you have created an account and have also transferred your Bitcoin to that particular exchange, now simply place the sell order, and state the type of cryptocurrency you want to trade, that is Bitcoin, Put the amount and the amount you are asking for it per unit.
After that, the Exchange will automatically complete the transaction once someone accepts the offer. However, trading cryptos can be more complicated than this brief description with different order types and many things. Well, that’s why Crypto Help Desk is here to help you and solve your queries related to crypto trading and more.
Now, once the money is credited to your account, you are required to withdraw it from your connected bank account. However, sometimes it can take a lot of time. However, it’s also important for you to be mindful while withdrawing the money as some Exchanges allow only a limited amount of money to withdraw. Moreover, another method of selling your Bitcoin through Exchange is by spending it through crypto-focused payment cards on the market.
Before moving ahead, if you are skeptical about which exchange you should go for and looking for customer support, then here are the numbers provided below.
Bitcoin Wallet customer service number: 1804-480-8747
Binance Support Phone Number: 1804-480-8747
Ethereum customer service number: 1804-480-8747
Crypto Customer Support Number: 1804-480-8747
You can also do online p2p Bitcoin sales and also the products from reputable cryptocurrency exchanges. In various ways, these platforms are designed to make Bitcoin trade for cash or vice versa with the other party online.
So, in general, what Bitcoin Buyers do is they do the listings on the platforms, as per their desired price and also the preferred payment option. After that, those who are interested find the listings and then complete the sale as per the platform instructions.
Moreover, these platforms involve the escrow function that provides a high level of security to both parties and also helps in ensuring the transfer. Now, as per the payment option, the seller of the Bitcoin will receive the money directly to their Bank Account, wire transfer, or a card, or there might be an agreement to receive the funds through some traditional payment platforms.
Selling Bitcoin P2P privately is also a possible method. Some online platforms make it easy to sell BTC in person for money, while others may choose to meet friends or family in person and sell Bitcoin for money. Selling Bitcoin yourself requires you to understand how to send Bitcoin and work with a crypto wallet, or the platform you hold your money on (like holding your money on an exchange, for example).
The price of Bitcoin is constantly changing, so it is important to know its price during the sale in person. Most customers use rates from major exchanges. Alternatively, services such as Coin telegraph’s Bitcoin Price Index can be used to determine the latest price of crypto assets. In some parts of the world, there are also physical locations or stores where participants can go to exchange Bitcoin for physical money or exchange physical money for Bitcoin.
It is important to note, however, that Bitcoin can be traded at different prices from one exchange to another and at different prices in different regions of the world. This ad is called “premium”. Finally, the price of Bitcoin is the amount of the asset that trades above or below other markets or the price of the underlying asset (referring to other market types, as a forward contract).
Unlike ATMs, Bitcoin ATMs are not connected to the user’s bank account, they are connected to the internet to initiate Bitcoin transactions. So, the Bitcoin ATM helps you in scanning the wallet QR code and then sell the Bitcoin for cash.
Also, these Bitcoin ATMs are located everywhere in the world, and can easily be found on the internet. However, you might have to pay high transaction fees. Apart from that, every Bitcoin ATM does not allow the facility of both buying and selling Bitcoin, so you have to keep this in mind already.
Moreover, it might be possible that Some ATMs require users to have an existing account to perform the selling operations, also the registration process sometimes involves a lot more time, so you have to be patient.
Also, The Bitcoin ATM operators must adjust the settings on their machines as per the KYC requirements. However, in some countries, it also requires a money transmitter license.
Now, we are winding up the blog here “How to Sell Bitcoin in 2023?” Also, if you are looking for a Bitcoin Wallet customer service number, Binance Support Phone Number, Ethereum customer service number, and Crypto Customer Support Number, then we have provided them below.
If you have any further queries, you can just get in touch with the Crypto Help Desk team, we are available 24/7
