Where do i buy and sell bitcoin

We are committed to researching, testing, and recommending the best products. From there the trade will take place without any further input from you. Robinhood is mobile first and just recently added a Web version, so it is best for people comfortable managing money from their phone or tablet. The site claims more than one million customers in countries.

Get in on the latest craze of digital currency

Price for 1 Best price. Account verification is required by uploading an ID wherr and a proof of residence. Price for 1 Price includes 0. Depending on volume and trade type this fee might be lower. Additional fees for payment methods:. Gemini is a US-based exchange founded by the Winklevoss brothers.

Step 2: Transfer your Bitcoin to your exchange wallet

Check your account number before we start exchange. You can also choose from our available packages:. Sell Now. Some countries have already given the official status to BTC. So, it is already possible to pay with virtual coins in cafes and restaurants, pay rent and even utilities in Belarus, the USA, Canada, Japan and other countries.

Afraid that Bitcoin could be a bubble? Here’s how to sell what you’ve got

Price for 1 Best price. Account verification is required by uploading an ID document and a proof of residence. Price for 1 Price includes 0. Depending on volume and trade type this fee might be lower.

Additional fees for payment methods:. Gemini is a US-based exchange founded by the Winklevoss brothers. Gemini’s verification process requires the upload of a ID document and a proof of residence and typically takes up to three days. Kraken is a globally operating US-based crypto exchange founded in and the world’s largest bitcoin exchange in euro volume and liquidity.

While the standard service is intended for the broader masses, the Pro branding is targeting professional crypto traders by offering a professional trading interface and lower fees.

The verification works the same for both services. Includes trading fee of 0. Depending on volume, the fee might be lower. Fees for payment methods:. BitStamp is the first licensed cryptocurrency exchange in the EU. Verification is usually completed within a few hours and requires the upload of an ID card and proof of residence.

Rate applies when paying via SEPA or bank wire. Xapo is a Hong Kong-based startup, which offers Bitcoin wallet services, as well as Bitcoin-based debit cards. The company is focused on ensuring the highest degree of security of the user’s funds. Xapo claims that their clients’ bitcoins are stored in multi-signature wallets, which are inaccessible without the owner’s permission.

An additional deposit transaction fee of 3. Lykke is a cryptocurrency exchange that provides a wallet app. Currently, buying and selling cryptocurrencies is possible via their iOS or Andoird app.

The app guides you through the process of creating your wallet and veryifing your account using an ID card.

Price includes trading fee of 0. In November the company moved its legal base to the cryptocurrency-friendly Republic of Malta. Bitpanda is a European crypto broker based in Austria and has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 20 other digital assets. Includes 0. Coinbase is a digital asset broker headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in countries worldwide.

Additional fees for other payment methods:. CoinGate is a payment gateway that provides merchants with tools to accept various cryptocurrencies as a payment, as well as a service to buy and sell crypto on the spot.

NET is a rather new cryptocurrency trading platform legally based in Poland with operational offices in Latvia and Estonia.

The company provides a trading service to buy and sell various cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Zcash and Ethereum Classic with credit cards and bank transfers. SpectroCoin offers a wide range of cryptoservices, including brokerage, Bitcoin wallets and debit cards. You can verify your account by uploading a copy of your ID and may be required to further provide a selfie. IO offers both, a cryptocurrency trading platform as well as brokerage services. In order to make deposits and withdrawals using a credit or debit card, it needs to be verified by the compliance team.

If you want to withdraw fiat funds or increase your payment limits, you need to verify your identity. BC Bitcoin is a UK based cryptocurrency broker. With fast deposits and withdrawals and a focus on customer service, BC Bitcoin is becoming an increasingly popular choice for buying and selling cryptocurrency. It allows users to exchange several cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and others and supports a number of professional trading features, such as margin trading.

Bitcoin is the first decentralized digital currency and a global digital payment. It was invented by an unknown person or group under the pseudonym Satoshi Nakamoto and release in The system works without a central repository or administrator and is peer-to-peer, meaning its transactions take place between users directly and without an intermediary.

Transactions are verified by network nodes and recorded in the so called blockchain, a public distributed ledger.

Learn more about Bitcoin. Bitcoins can be bought on cryptocurrency marketplaces. To sell your first bitcoins, all you have to do is open an account and verify your identity with a marketplace.

The verification process can take anywhere from minutes by showing your ID to an agent using videochat to several weeks. Once being verified, simply transfer money via your preferred payment method to sell bitcoins. In case your desired marketplace does not provide a wallet service, you will also have to setup a wallet to store your bitcoins. Cryptocurrency exchanges are responsible for matchmaking which means finding enough buyers and sellers and determining the price.

Hence, there is no personal contact between traders. The trading features offered by exchanges are tailored to what professional traders with higher frequencies and volumes require. This is why their user interfaces may be somewhat confusing for beginners. Brokers act as dealers as they participate in the transactions by taking the opposite side of the trade. Instead of matching the trading parties via an algorithm, a broker has his own asset stock e.

Cryptocurrency brokers therefore act as market makers and charge a markup or markdown that is more expensive than trading fees charged by exchanges. On the other hand, their services are usually very easy-to-use and therefore beginner-friendly. Peer-to-peer P2P directories offer a platform where two individuals can trade bitcoin directly between each other, without intermediation by a third-party or a matchmaking algorithm. So, if you want to sell bitcoins on a P2P service, you will have to look for a seller that is offering your desired amount of bitcoins at a price that you are willing to pay.

Note, however, due to the lack of a third party or matchmaking algorithm, there is a greater risk that the seller may not pay. This extra risk is often defrayed by lower prices. Hence, very good deals can sometimes be found on P2P markets. Now, all you have to do is specify your requirements and simply choose an exchange or broker of your liking.

Verification: The majority of marketplaces will require you to verify your identity e. The verification process can take anywhere from instant to several weeks. Wallet Service: A bitcoin wallet is a piece of software where you can store your bitcoins. If you are new to bitcoin, look for marketplaces that already provide a wallet service.

We would like to point out that storing bitcoins in a wallet that you are managing yourself is the safer option but it requires some learning effort.

Hence, its price will rise and fall depending on the number of people willing to sell and sell bitcoins. Generally speaking, exchanges have lower fees than brokerage services.

Besides trading fees there are often fees for deposits and withdrawals. Payment method: Before you can actually sell bitcoins you will need to transfer money to the marketplace. Most exchanges only offer the possibility to deposit money using wire transfer, which sometimes can take up to a week.

Security: Security also plays a major role when you sell bitcoins. We help you filter marketplaces by security features such as two-factor authentication 2FAcold storage. Also, we would like to encourage you to not keep significant amounts of fiat USD or EUR and cryptocurrencies stored on marketplaces, as they may be affected in the event of a cyber attack.

Is now a good time to sell bitcoins? However, if you are looking at a specific price at which you would like to sell bitcoin, we can help you to not miss a favorable opportunity: Sign up for a Cryptoradar account and set up a price alert to be notified when bitcoin trades below or above your target price.

Toggle navigation. Buy Sell. Sell Amount. Sofort by Klarna. Features Beginner Friendly. Instant Verification. Integrated Wallet. Mobile App. CFD Platform. Any rating. Sort by Price Price Rating. Read Reviews.

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How do I sell bitcoins?

As long whee you are selling at a reasonable price — like the market rate — the trade should happen relatively quickly. Robinhood started as a fee-free stock brokerage and recently expanded into the world of digital currencies. Since FebruaryRobinhood supports Bitcoin and Ethereum trades and market data for another 15 currencies. Once it does, your Bitcoin will be transferred out of your account and your local currency account will fill up bihcoin your dp fiat currency. This is another mobile qhere where you can buy and sell Bitcoin with no fees. The biggest downsides of CoinExchange are a lack of mobile apps, lower trading volume than some other platforms and vague security policies. Best for Quick and Easy Transactions: Coinmama. We are committed to researching, testing, and recommending the best products. Sites like BitQuick keep things exclusively online, utilizing bank where do i buy and sell bitcoin transfers. That can take a few days to process. CoinExchange is another low-cost exchange with most fees pegged at 0. But with no fees, the price is right. But if you do want to send your coins to another wallet, Square does offer that feature. Robinhood is mobile first and just recently added a Web version, so it is best for bitocin comfortable managing money from their phone or tablet. Signing up to Coinbase Pro at the same time is also recommendable, though not strictly necessary, to give you greater control over your sale. Coinbase charges a variable percentage fee of one percent for U. Coinbase also supports Bitcoin Cash, Ethereum and Litecoin.