Withdrawing from an exchange can take a lot of time and nobody wants to experience that especially if you are in need of cash as soon as possible. If you have Bitcoins, you can now avoid this hassle and sell your Bitcoins for cash directly to another person. Some investors thought that Exchanges is the only way for them to withdraw their funds. Bitcoins is the very first cryptocurrency and it is in the form of electronic cash.
All You Need To Know About Bitcoins
Satoshi Nakamoto created Cryptocurrency in 2009 and he introduced Bitcoin a few years after. Bitcoin is a digital public money secured by “miners.” Bitcoin owners will not need a bank account to store their Bitcoins. All they need is a Bitcoin wallet where they can use to transfer Bitcoins to other Bitcoin wallets. Bitcoins and other cryptocurrencies are similar to physical gold coins and they have a value and trade. According to recent news, one Bitcoin is equivalent to 7, 975.60 United States Dollar.
Sell Your Bitcoins For Cash Today!
If you wish to sell BTC for cash, it is not possible without the hassle of the exchange process. Bitcoins are specifically designed to be a decentralized digital currency without the need for a central bank. Bitcoins are transferred between Bitcoin wallets but if you want to sell it for cash, you can do this directly with another person. Right now, many avenues are guaranteed to be safe and fast and here are the top 4 methods that can you consider if you want to sell your Bitcoins for cash.
- If you are looking for an easy way to trade your Bitcoins for physical cash, LocalBitcoins is one of the safest and fastest methods. This is a person to person trading website where Bitcoin owners would be able to post their bids when buying or selling Bitcoins and convert it to USD or other local fiat currencies.
- Paxful. This can help connect buyers and sellers for a fast and easy Bitcoin exchange. They accept over 300 payment methods and sellers will have to pay a 1% equal fee for the transaction amount. They have very strong security measures in order to make sure that your Bitcoin-Cash meetups would be in a safe environment.
- Bitcoin ATM. If you want the fast and easy process of Bitcoin selling, the Bitcoin ATM is the best choice for you. These ATM machines were first introduced in 2013 and there are now plenty of them all over the world. Bitcoin machines like the Lamassu can process this operation in 15 seconds.
When it comes to Bitcoins, there are now plenty of ways to cash it out and selling them directly to another person is one of the simplest, the fastest and the easiest way. There’s no more waiting and the process is simple and hassle-free. So what are you waiting for? Check out these options mentioned above and sell your Bitcoins!