How Do I Sell My Bitcoin For Real Money
Choose your amount. Enter your bank details. Send your coins.
We'll take care of the rest!
When it comes to cashing out your bitcoins, you’ll need to consider how you want to receive your fiat money. You can either use third-party exchanges and deposit your money into a bank account or sell bitcoins in person for physical cash. Interestingly, if you’re looking to spend your Bitcoin, cashing out is one of the many options. The first step in exchanging your bitcoins for real money is to access your wallet and check your balance which is usually updated every business day due to the variation in bitcoin’s quotation. Remember that to carry out the transfer, it is necessary to have a minimum balance of 5 us dollars.
Prices include fees. Additional charges for methods of payment may apply
To convert Bitcoin into cash, you'll need:
- Quick access to your cryptocurrency wallet.
- Your bank account details
Looking for an easy way to sell Bitcoins? Simply decide how much you'd like to sell, tell us which bank account to transfer your payout to, and send us your coins. We'll take care of the rest.
How Do I Sell My Bitcoin For Real Money
How to Sell Bitcoin
Coinmama offers users the ability to sell Bitcoin via bank transfer. All you need is a Coinmama account and a bank account.
Log into your Coinmama account and select 'Sell'
Enter your Coinmama login information, then select the Sell option from your main account page. If you don't already have an account, you can register here.
Choose the Bitcoin amount you'd like to sell
Enter the Bitcoin quantity you'd like to sell to see the BTC conversion rate in your preferred currency. You can also enter a currency amount (such as USD or EUR) to see the Bitcoin quantity.
Create your order
Follow the prompts to create your order. Enter your bank country, account information, and personal details.
Send your coins
Send the exact amount of Bitcoin selected to the wallet address provided in a single transaction, or scan the QR code from your wallet app. Once we receive your coins, we will transfer the payout amount to the bank account you provided.
Why Sell Bitcoin on Coinmama?
At Coinmama, we understand that in order to make a smart Bitcoin investment you have to be able to both buy and sell Bitcoin. It's why we provide a fast, easy way to sell Bitcoin and receive money directly into your bank account. Even better, we do it without compromising your economic freedom or safety: we never store your bank information, and you can sell coins from any wallet, including coins that weren't purchased through Coinmama.
Since 2013, Coinmama's mission has been to simplify the way the world does crypto. We're achieving this by serving over 2,900,000 users in 188 countries around the globe, providing a fast way to buy Bitcoin with credit card, debit card, or with your bank account, and to buy additional cryptocurrencies, including ETH, XRP, and LTC and more.
How To Buy And Sell Bitcoin
Now by introducing the option to sell crypto, Coinmama is providing investors with everything they need to trade Bitcoin.
With Coinmama you have:
- High daily transaction limits. Coinmama currently allows combined buy and sell transactions of up to 15,000 USD a day when using a bank transfer.
- 24/7 access to your account
- A dedicated team of customer support specialists who are happy to help
- No hidden fees
We believe in a world without middlemen, where we, the people, are in charge of our own economies, and we're excited to be on the forefront of the financial revolution.
Your IBAN, or international bank account number, uniquely identifies your bank account.
Find it on your bank statement, or by logging into your online banking system.
SEPA, or single Euro payments area, is a system for simplified bank transfers throughout most of Europe.