Because of how easy it is to buy, many platforms offer the option to sell bitcoins just as easily. What this means is that the type of exchange you decide to trade to will depend on the type of holder you are: small investor, institutional holder or trader?
However, Bitcoin ATMs are an exception. Because while some will allow you to exchange Bitcoins for cash, most won’t. Some platforms even allow large orders from institutional investors and traders.
But when it comes to retail clients, they can trade Bitcoin at exchanges, each of which has a different interface, some of which even offer services like secure storage and more. While some exchanges require verified identification for all trades, most are relaxed if small amounts are involved.
But if you don’t intend on just selling your bitcoin, you can exchange it for crypto-assets like ether, XRP, litecoin, and more. And if you’re still not convinced, then you can directly invest. All you have to do is register on a platform that will let you sell, and if anyone is interested, they will directly contact you. How does it work? It carries out transactions via wires and deposits to your bank account, wherein you transfer the amount of bitcoin agreed to the address after.
But if neither of these is the right option for you, you can just sell it to family and friends. All that’s left is setting up a bitcoin wallet for them. What next? Send the bitcoin, collect the money by whichever means they use, and relish your sense of accomplishment!
Best Cryptocurrency Exchange Platforms: