How do I sell my bitcoin cash?
Do you currently own bitcoin cash and would you like to sell them? We can assist you! Just follow these three simple steps:
How do I sell my bitcoin cash on BTC Direct?
- Register on our website
- Start a sell order
- Receive the funds to your personal bank account
Step 1: Register on our website
The first step in selling your bitcoin cash is to register on our website. Do you already have a validated account? Simply skip this step and proceed to step two.
To register click the ‘Register’ button in the top right corner of the screen and follow the given instructions.
In order to create an account you will need to identify yourself. We focus on providing a platform where you can buy and sell cryptocurrencies with the greatest of ease. However, offering services without identifying our users would open the door to illicit activity. For instance it could allow criminals to buy coins with a hacked bank account. We expect that laws and regulations will come into force in the nearby future. To ensure that our customers don’t experience any inconvenience to these potential regulations, we already have a clear KYC policy in place.
The documents we receive from you will be saved to an offline, encrypted hard drive. The provided documents are only available to selected BTC Direct employees, and will never be shared with third parties.
Step 2: Start a sell order
- Log into your BTC Direct account using your email address and password.
- Select the option ‘Sell” in the price calculator.
- Choose your coin, which in this case is bitcoin cash. The abbreviation for bitcoin cash is BCH.
- Enter the amount of coins you would like to sell in the price calculator. You will be shown the approximate amount of euros you will get in return including fees. Click ‘Sell coins’ to start the order.
- Fill in your IBAN bank account number on the order form. If you have previously bought coins on our platform you will have the option to choose from the bank account numbers known to us.
- Agree to our terms and conditions and click ‘Sell coins’.
- On screen you will see our bitcoin cash receiving address. To sell your coins, please send the desired amount of coins to the provided address from your wallet.
- Log into your wallet and choose ‘send coins’. Enter the amount of coins you would like to send and complete the transaction.
- Your bitcoin cash has now been sent to our BTC Direct wallet. The final pay out will be determined as soon as the transaction is visible on the blockchain. The transaction doesn’t need to be confirmed by the network yet.
Step 3: Receive the funds to your personal bank account
To ensure the funds reach your bank account as soon as possible, we have multiple payout rounds a day. In most cases the funds will be in your bank account within two business days.
Feel like this is the moment to sell? Want to place your sell order as fast as possible? Get started with selling your coins via the button below:
In short you will need to follow these steps when you would like to sell your bitcoin cash:
- Before you can start an order you will need to register an account on our platform.
- Initiate a sell order by entering the amount of bitcoin cash you want to sell in the price calculator and selecting the correct coin.
- Login to your wallet and send the coins to the address we’ve provided you with.
- When we receive your coins we will pay out the corresponding amount of euros in to your bank account.
Congratulations, you now know how to start a sell order on our website! If you’ve got any questions, don’t hesitate to contact our customer support!