bitcoin sell

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Bitcoin sell. You can sell bitcoins on a cryptocurrency exchange. To do this, you also need to register and provide personal data, but the transaction is easier. The exchange acts as an intermediary who controls the means of sellers and buyers. Sellers place on it an application for sale, indicating the amount, currency and its value. When the buyer appears, the service will automatically conduct the transaction. The cryptocurrency will be transferred from the seller’s account to the buyer’s account, and the seller will receive money. The disadvantage of this method is that when selling bitcoins for ordinary money, the received amount will have to be transferred to a bank account. If the stock exchange lacks liquidity or problems with banks, the process of withdrawing money can take a long time. You should carefully study the service with which you intend to work before transferring money. Examples of online exchanges are Circle, Kraken and Bitstamp. In addition, there are stock exchanges where you can only change digital currencies. This method is used for arbitration purposes or if the store accepts other cryptocurrencies. Some services charge a fee. For example, withholds from the seller 0.2% of the transaction amount. Compare the size of commissions in various cryptocurrency markets and trading volumes can be on the sites. Another subtlety is that the exchanges limit the maximum size of the account (it can vary over time). In any case, it is unwise to keep your money in the account of the exchange service, although for speculation this may seem the most appropriate option. You are responsible for your own funds - large sums should be stored on personal devices or offline, because even the most reliable Internet services can be hacked one day. 55818
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