How to sell your Bitcoins easily

You want to sell your Bitcoins but you do not know how. No problem since we offer this guide explaining you how to do step by step.

How to sell Bitcoins on Binance

1. Your listing on Binance

Of course, you will not be able to sell cryptocurrency on Binance without having created an account on this platform. However, it's really not difficult since you just have to follow the various steps imposed. You must first select the language in which you want the interface to be displayed. Then you will have to enter your email address and set your password. However, to minimize the risk of hacking, we advise you to choose a relatively complex password. You can also activate a second protection via Google Authenticator. If it is not mandatory, it is still strongly recommended. This will allow you to offer greater protection to your valuable cryptocurrency.

2. Verifying your identity

However, it is not enough for you to have validated your account to fully enjoy Binance. This time again, it's nothing complicated. We must simply follow different steps. To begin, you must indicate whether you are a Chinese resident or not, and give several personal details such as your name, your first name, your gender and the country in which you reside. You will then need to provide your ID number before providing a double-sided photocopy. Finally, you will be asked to take a picture of yourself while holding your ID and a paper on which you have previously indicated the date of the day.

3. Sell Bitcoin on Binance

However, you will not be able to sell Bitcoin on the Binance platform if you do not have one on your account. To get some, you can do it in many ways. You will be able to mine it, exchange it for other crypto-currencies or transfer it from an online portfolio or another interface. Once this is done, you will finally be able to sell your Bitcoin.

However, please note that Binance only allows you to exchange cryptocurrencies against other cryptocurrencies. To do this, you must go to the "Buy / Sell" tab and select the dialog box on which you will see "Sell". Once you have chosen the amount of bitcoins you want to sell, as well as the price at which you want to resell it, you will be able to validate to create a sell order. You can also respond to a purchase request that you will find in the list. Once your sale is finalized and validated, you will receive your cryptocurrency and your bitcoins will be sent to the buyer.

summary

• By using Binance, you can only sell your bitcoins against other crypto-currencies.
• However, before you start selling, you must create an account and pass the identity verification step.
• To sell, you can create a sell order, but also respond to a purchase request.