How To Sell Bitcoin: People who want to sell their Bitcoins for fiat currency have several ways they can do so online and offline. We will talk about the best way to sell your Bitcoin and get paid instantly.
How to Sell Bitcoins Summary
If you want to convert your Bitcoins back to “normal” money you’ll need to do the following
- Find an exchange platform
- Send your Bitcoins to that exchange
- Trade your Bitcoins for fiat
- Withdraw the fiat to your account
Astro Africa – Exchange Platform
If you’re looking for a reliable platform to sell your Bitcoin and receive instant payment, Astro Africa is undoubtedly the top-notch cryptocurrency exchange to opt for. With extensive research and analysis, Astro Africa has identified the shortcomings of the current cryptocurrency exchange market and developed a platform that overcomes these challenges effectively. By choosing Astro Africa, you can rest assured that you’re getting a positive and seamless experience while dealing with cryptocurrency exchanges.
How To Sell Bitcoin
Let’s start by discussing the exchange rate, which is the major concern of most cryptocurrency traders. Currently, Astro Africa offers the best exchange rate in Nigeria; we have consistently outperformed the competition. We understand the volatility of the cryptocurrency market, hence, our system automatically updates the exchange rate to the best one available on the market. You can use the Astro Africa exchange rate calculator to check the current rate and determine how much your bitcoin is worth.
Astro Africa stands out from the rest as the best platform if you’re planning to sell your Bitcoin. The major USP is our swift payment system. Our platform is designed to make payments in a matter of minutes once the Bitcoin transaction is confirmed. With Astro Africa, you don’t have to worry about any delay in payment as it is automated and not manually operated. Our automated payment system ensures that when you sell your Bitcoin to Astro Africa, payment is processed within minutes of confirming the Bitcoin transaction.
In summary, here are the reasons you should sell your Bitcoin with the Astro Africa Exchange platform. Astro Africa is different from other exchange platforms you might have encountered.
- Instant payment at all times.
- Sells at the best rates.
- 24/7 responsive customer service.
- User-friendly and intuitive platform
How to sell Bitcoin on Astro Africa
- Create an account through our mobile app or website.
- Click on Sell crypto on your account dashboard
- You can sell, Bitcoin, Ethereum, USDC, USDT (Tether) and BUSD. Choose Bitcoin as your preferred choice.
- On the next page, choose your payout wallet (Naira or Cedi wallet), and enter the amount in dollars or BTC, the calculator will display the amount you will receive in your local currency, click on proceed if you agree with the terms.
- The system will provide a wallet address that you can either copy or scan the displayed bar code to get, click on “I have sent Bitcoin” when you sent the coin to the provided wallet address.
- Your wallet will be credited immediately after the Bitcoin transaction is verified.
Also read: How To Trade Bitcoin In Nigeria
Recent Bitcoin Development
There have been numerous developments around Bitcoin. Here are a few notable ones:
- Bitcoin’s price has continued to fluctuate. It reached an all-time high of around $69,000 in November 2021 but then dropped again in December 2021 and January 2022. As of March 2023, its price is hovering around $27,000.
- Bitcoin’s environmental impact has become a more pressing concern. The energy consumption required to mine Bitcoin is significant, and some critics argue that it contributes to climate change. As a result, there has been increased scrutiny of Bitcoin’s carbon footprint, and some companies and countries have taken steps to limit its use or transition to more sustainable alternatives.
- The regulatory landscape around Bitcoin has continued to evolve. Some countries have introduced new regulations to govern the use of cryptocurrencies, while others have banned them outright. There is an ongoing debate about how to balance innovation and consumer protection in the crypto space.
- NFTs (non-fungible tokens) have emerged as a popular use case for blockchain technology. NFTs are unique digital assets that can be bought and sold on the blockchain, often for large sums of money. Bitcoin is not directly involved in the creation or trading of NFTs, but they are part of the broader crypto ecosystem.
Overall, Bitcoin and the wider world of cryptocurrencies remain a dynamic and rapidly evolving space.
