Do you want to cash your cryptocurrency investments and enjoy the fruits of your labor? Crypto coins have made many investor millionaires in the past. Thousands of others have seen marked gains in their overall investment profile, thanks to steadily climbing cryptocurrency market.
When you sell a crypto, you stand a chance to get a reward for your investments. You could either replace it with fiat currency or get another crypto in return. Here are the top 5 ways in which you could sell cryptos.
It is one of the best ways to sell your bitcoins. If you want to sell your crypto assets, you could visit this website and find people who are interested in getting the coins from you. Then, you can either make online transfers for your cryptos or meet them in person to complete the transactions.
LocalBitcoins works like eBay for cryptocurrency selling. It is a simple and easy to use platform. On this platform, you usually sell bitcoins to locals. Therefore, payments are made very quickly and you normally receive your deposit in the bank account sooner than normal.
They also have a reputation system to check if you are working with trustworthy and verified people. It currently operates in 190 countries.
This is one of the largest and most popular cryptocurrency exchanges in the world. Coinbase offers you great simplicity and ease of use. You can easily sell your currency here for the best international market prices.
Coinbase operates from the US and provides a seamless selling experience to users. Depositing your coins in their wallet is free. You can sell bitcoin, ethereum and litecoin on this platform. Buying and selling is almost instant.
In some circumstances, especially when the fiat volumes are too high, Coinbase often freezes trading. Otherwise, a perfect place to sell cryptos.
It is another great platform for trading in cryptocurrencies. It lets you trade in about 100 cryptocurrencies, making it easy for anyone to sell their crypto assets. Binance is also a safe and secure medium of selling your cryptos.
It also has its own mobile apps, which makes trading easier than ever. Binance even has its own BNB token which makes trading easier and cheaper for all the sellers. As such, trade fee on this platform is only 0.1%.
This is another popular cryptocurrency exchange. It deals in the top 5 currencies by market capitalization. Also, it is one of the most active exchanges in the world. This means that currencies are always traded in high volumes. The trading fees are as low as 0.15%.
If you are looking for good liquidity and better selection of coins, then Poloniex should be hour choice. It operates globally, which helps you in getting the best market prices as well.
Many people want to sell one coin to buy another. The process is rather complicated and makes you lose a lot of money in transaction fees. With Changelly, you can directly convert one coin into another, paying only a small fee.
The transaction is done in seconds and you will coins deposited in your wallet within minutes at the best rate possible.
These were a few ways in which you can sell your cryptos with ease. Let us know which methods you prefer the most and why.