Usually atms have a restricted limit on how much you can withdraw but for a small amount this may be a good option. Some of them won t even require any type of id or verification. Not all atms allow you to sell bitcoins some allow you only to buy bitcoins.
Bitcoin atms are machines that accept bitcoins and spew out cash. They act as a middleman for the famously decentralized cryptocurrency by selling your. The simplest and most automated way to turn your bitcoin into hard cash is through an exchange platform.
Btc bank account. The most popular platforms are binance cex io coinmama coinbase and others. Exchanges act as a middle man by selling your btc for you.
One of the most common and simplest ways to sell bitcoin online and convert it into hard cash is through an exchange platform. Select gbp as the currency you want to exchange your btc for and click sell. Click the sell btc link and then type the amount of btc you d like to sell in the field provided.
On many exchanges you ll need to click the buy sell tab and select bitcoin from the list of coins that appears. Log into your coinmama account and select sell enter your coinmama login information then select the sell option from your main account page. All you need is a coinmama account and a bank account.
Coinmama offers users the ability to sell bitcoin via bank transfer. Bitquick is not as well known as localbitcoins but it is. It is one of the most popular sites on the web for the buying and selling of bitcoin.
Sell bitcoin for cash. Five easy ways to turn bitcoin into cash money selling bitcoin for cash.
Five easy ways to turn bitcoin into cash money selling bitcoin for cash.