Blog

How Can I Sell My Bitcoin Instantly?

By: Olivia Morison Blockchain 2 Followers


0 Votes
795 Views

If you want to generate a passive income, you could consider investing in cryptocurrencies such as Bitcoin. After you get into crypto, at some point you will need to know how to get your invested funds out again. You may need to liquidate your invested funds urgently, and that’s why you should know how to instantly sell Bitcoin. The good news is that there are several options that you can choose from to sell your Bitcoin instantly. Compare each of them and their relative merits and then you can choose the best one that works for you.


How to choose a method to sell Bitcoin instantly?


Given you have a choice of several methods if you’re looking to sell Bitcoin instantly, you need to know what you should look for as you pick a method to use. Here are some factors to consider:


User-friendliness 


Some options are easy and user-friendly, while others are more complicated and work best for the tech-savvy or those who have enough experience in crypto trading already. You need to check how easy a particular method is for you, and then decide whether to use it or not.


Security 


There are so many scammers trying to defraud crypto investors, and you don’t want to be added to the statistics of those who lost their assets. As you select a way to sell your Bitcoin instantly, consider what security measures are in place to avoid possible theft of your funds. 


Transaction fees


Some methods of cashing out Bitcoins instantly attract higher transaction charges than others. Choose the option with reasonable fees.


Ways to sell bitcoin instantly 


When looking to instantly sell bitcoin you can use the following methods:


Crypto exchanges


One of the best ways to sell Bitcoin instantly is using crypto exchanges. These are well-established marketplaces where crypto investors trade their assets and pay transaction fees. While there are online platforms run by the exchanges, there are also physical offices that crypto investors can visit and sell their bitcoins instantly. 


If you are in Turkey, you can visit one of the many offices run by NakitCoins, one of the leading Turkish crypto exchanges, and sell your Bitcoin instantly (without limits) in a safe and secure environment. You will enjoy excellent customer service and you can trade your crypto coins fast at good rates and with reasonable fees. 


Bitcoin ATMs


Another way you can sell Bitcoin instantly is through Bitcoin ATMs. These are automated teller machines similar to traditional cash dispensing machines. However, unlike cash ATMs which are connected to bank accounts, Bitcoin ATMs are connected to the internet to enable the buying and selling of digital currencies. 


The first step when using Bitcoin ATMs to instantly sell your bitcoin is to find the nearest machine, and you can use online tools to do this. You can then visit the ATM, and follow some simple steps to transfer your virtual currencies from your wallet to the ATM and then get your cash. However, Bitcoin ATMs usually charge higher transaction fees than most other methods and you need to consider if the cost makes sense for you. 


Conclusion 


In addition to using exchanges and bitcoin ATMs to sell your BTC instantly, you can also sell them to people around you, such as family members, friends, and colleagues. As you choose a method to cash out your Bitcoin instantly, consider if it is user-friendly, secure, and has reasonable fees, and if it meets other criteria you deem vital for you.

Vote

0 Votes

You May Also Like...

Start the Discussion