As buying bitcoin, the process of selling bitcoin isn't moderately straightforward. Read the guide here to get the complete information, you need to cash out your digital currency.
Before making a decision - h1ow to sell your bitcoin, you must need to consider the approaches best suits your scenario: selling bitcoin online or selling bitcoin in person.
Each option has its own advantages and disadvantages.
Selling Bitcoin Online
Selling bitcoin online is doubtlessly the more common way of trading your bitcoin. Online Selling comes in three ways:
Direct trading with other individuals that intermediary facilitating the connection.
Online exchange, in which your trade is with the exchange rather than another individual.
Peer-to-peer trading marketplaces, enabling bitcoin owners to gain discounted goods with their bitcoin via someone who wants to get hold of cryptocurrency with credit/debit cards.
Selling Bitcoin in Person
In many ways, selling bitcoin in person proved out to be the easiest method of passing on your digital currency. You just have to simply scan a QR code on another person's phone and accept cash-in-hand to complete a bitcoin transaction.
Moreover, if your friends or family want to buy bitcoin, there is a simple process of setting them up with a bitcoin wallet, send them the bitcoins and collect your cash.
GuideWhat is Cryptocurrency? What is Bitcoin? Is Bitcoin Legal? How Can I Buy Bitcoin? How Can I Sell Bitcoins? What Is Bitcoin Mining?
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