Selling Bitcoin in Ghana is simple and straightforward. In Ghana, many people are joining the Bitcoin trend, just like everywhere else. Lots of Ghanaians are getting involved in Bitcoin trading and using it regularly. From buying and selling to everyday purchases, Bitcoin is making its mark in Ghana, changing how people handle money.
With the increasing popularity of Bitcoin, there are now various platforms available for selling Bitcoin in the country. If you want to sell Bitcoin in Ghana, follow these steps:
- Find a reputable platform: Start by researching and identifying a reputable exchange that allows selling Bitcoin in Ghana. Look for platforms with positive reviews and competitive exchange rates. Astro exchange is a good recommendation.
- Register: Once you’ve chosen a platform, sign up for an account by providing your email address, creating a password, and agreeing to the platform’s terms and conditions. Some platforms may require additional personal information for registration.
- Complete verification: To comply with regulatory requirements, most platforms will require you to complete a verification process. This usually involves providing identification documents, such as a passport or driver’s license, and proof of address.
- Deposit Bitcoin: After your account is verified, you can deposit your Bitcoin into your account on the platform. This typically involves generating a deposit address from your account and transferring your Bitcoin from your wallet to the platform’s address.
- Place a sell order: Once your Bitcoin deposit is confirmed, you can place a sell order on the platform. Specify the amount of Bitcoin you want to sell and the desired price or choose a market order for selling Bitcoin in Ghana at the current market price.
- Confirm transaction details: Review the transaction details, including the amount of Bitcoin being sold and the exchange rate, before confirming the sell order.
- Execute the sell order: Once you’re satisfied with the transaction details, confirm the sell order to execute the sale of your Bitcoin. The platform will process the transaction, and your Bitcoin will be sold. The transaction should reflect ‘completed’ indicating you have completed selling Bitcoin in Ghana
- Withdraw funds: After the sale is completed, you can withdraw the proceeds from the sale, typically in Ghanaian cedis or another fiat currency, to your bank account or preferred payment method.
Best Way to Exchange Bitcoin for Cedis
There are various methods available for selling Bitcoin in Ghana, ranging from exchanges to peer-to-peer platforms. However, when it comes to selling Bitcoin in Ghana, Astro Exchange stands out as the best. Our platform offers the best rates and guarantees fast payouts, making it the preferred option for many Ghanaians. Also, our signup process is incredibly easy and straightforward, allowing users to get started with selling Bitcoin in Ghana quickly.
For those who need a reliable platform for selling bitcoin in Ghana; use Astro exchange. Follow these steps:
- Sign up on our website or download our easy-to-use mobile app from the Google Play Store or App Store.
- Verify your email to activate your account and set up a transaction PIN for added security.
- Add your bank account details in the settings section of your dashboard.
- Choose “Sell Crypto” from your dashboard and select Bitcoin as the cryptocurrency you want to trade.
- Enter the amount of Bitcoin you want to sell or its equivalent value in USD.
- Review the transaction details, including the equivalent value in Naira, and proceed with the sale.
- A wallet address will be generated for you to transfer your Bitcoin to.
- Once the transaction is confirmed, you’ll receive Naira credit to your Astro wallet.
- Finally, you can withdraw the funds from your Astro wallet to your linked bank account or mobile money.
How Much is $50 Bitcoin in Cedis?
Presently, if you have a $50 Bitcoin and you sell it on Astro Exchange, you’ll get GHS 500. That’s because our exchange rate is GHS 10.50/dollar. But keep in mind, the rate can change because the crypto market is very volatile. So, it’s advisable to stay updated on the current rates before making any transactions.
How Much is $100 Bitcoin in Cedis?
Right now, if you have a $100 Bitcoin and you sell it on Astro Exchange, you’ll get GHS 1,050. It is important to remember that the rate isn’t always the same and can change. To stay updated on the current rates, it’s best to use a crypto rate calculator. Luckily, Astro Exchange has its own rate calculator, making it easy to know exactly how much your Bitcoin is worth at any given moment.