Bitcoin is the world’s best-known cryptocurrency. It was designed to be used as an alternative payment method and introduced in 2009. The creator of BTC was a mysterious Satoshi Nakamoto, a person who had not been identified yet.

The main feature of Bitcoin is that it is traded, stored, and distributed via blockchain, a decentralized ledger. This was exactly what seemed to surprise and excite the public back in 2009. It gained huge popularity in a very short period of time. Since then people have been arguing about the real purpose of Bitcoin, whether it is a new type of currency or a possible store of value that is meant to substitute gold.

The price of BTC is volatile, but when zooming out the increasing trend is very clear throughout the history of the coin. However, there are some moments when people decide to sell Bitcoin and stop hodling.

Where and when to sell Bitcoin (BTC)

Undoubtedly, only the Bitcoin owner should decide when it is the best time to sell BTC. Moreover, it is crucial to do personal market research to identify the exact reason for this.

Market situations can provide some markers that may be considered though. Any event that includes Bitcoin should be examined carefully. So when to sell depends on the market situation and personal preferences.

If you are looking for a place where to sell BTC, we are happy to provide our services. With SimpleSwap the procedure is very easy.

How to sell BTC on SimpleSwap

Let’s assume you are ready to sell BTC to USD. You are welcome to sell Bitcoin and receive fiat money in return in this way:

Choose the BTC-to-USD pair

There should be Bitcoin (BTC) in the “You send” section.

Enter the amount of BTC you would like to sell.

Check that there is US Dollar (USD) in the “You get” section.

Click the “Exchange” button.
Confirm your intention to sell Bitcoin

Check the details and click the “Create an exchange” button.

To continue crypto-to-fiat operation you need to agree with the Terms of Service and Privacy Policy.

If everything is fine, click the “Sell” button.
Provide the necessary information to sell BTC

You will be redirected to the page operated by our partner Mercuryo to sell Bitcoin for US Dollar. You’ll be asked to provide your email and verify your identity.

Fill in the card info, you will get USD to this bank card when the operation is finished. Don’t forget to mention your refund address.
Send BTC and receive USD

Then, you’ll see a blockchain address to send BTC. When it is done, just wait for USD to come to your bank card. Track your operation status by email.

Looks pretty simple, right? We are also glad to provide you with a great detailed video guide to show the whole step-by-step process of dealing with fiat-to-crypto operations.

Please, notice that a fiat-to-crypto and crypto-to-fiat exchange feature is offered to you by Mercuryo, SimpleSwap’s independent partner. SimpleSwap doesn’t keep or have access to your personal data and does not assume any liability or any loss or damage caused by your usage of Mercuryo’s services.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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