Top Places To Sell Bitcoin (BTC) With User Reviews

Where can you sell Bitcoin (BTC) in 2024?

Introduction to Bitcoin (BTC)

Bitcoin, often hailed as the pioneer of cryptocurrencies, has revolutionized the financial world since its inception in 2009. Understanding Bitcoin's origins, its decentralized nature, and how it operates is crucial for anyone interested in trading or investing in BTC.

The Technology Behind Bitcoin

Bitcoin's underlying technology, blockchain, is a cornerstone of its value proposition. This section aims to demystify blockchain technology, highlighting how it ensures security, transparency, and decentralization in Bitcoin transactions.

Platforms for Selling Bitcoin

  1. Cryptocurrency Exchanges: One of the most prevalent methods for selling Bitcoin is through cryptocurrency exchanges. Platforms like Coinbase, Binance, and Kraken offer various features, including user-friendly interfaces, security measures, and different transaction fees.

  2. Peer-to-Peer (P2P) Platforms: P2P platforms provide an alternative to traditional exchanges, facilitating direct transactions between buyers and sellers. This segment will explore the workings of P2P platforms and discuss their advantages and potential risks.

Market Trends and Trading Strategies

Navigating the Bitcoin market requires an understanding of various factors influencing its price. This part of the article will analyze trends, market sentiments, and external factors like regulatory changes and macroeconomic trends that affect Bitcoin's value.

Bitcoin's Impact and Future Prospects

Bitcoin's impact extends beyond just financial markets; it's a technological and cultural phenomenon. This section will explore Bitcoin's influence on the global financial system, its potential for future growth, and the challenges it faces.

Conclusion

Selling Bitcoin demands a comprehensive understanding of its technological basis, market dynamics, and appropriate trading platforms. With this knowledge, investors and traders can make informed decisions, capitalizing on the opportunities Bitcoin offers in the dynamic world of cryptocurrency.

When choosing a platform to sell Bitcoin (BTC), consider its user rating. Make a conscious choice when choosing a platform. Study the company page on our website, read user reviews and draw conclusions whether you should use this service. There are a lot of scams in the field of cryptocurrency. Taking into account the reputation of the service when choosing a place to sell Bitcoin (BTC) is absolutely necessary if you do not want to lose your investment.
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Freewallet (atau FRWT) adalah dompet non-penahanan web3 yang mendukung berbagai fungsi termasuk menukar, membeli, dan mengelola mata uang kripto berdasarkan 15 blockchain berbeda dengan aman dan mudah.

Country:
Estonia
Launched:
2016

HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Site:
hitbtc.com
Country:
Chile
Launched:
2013

Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.

Country:
China
Launched:
2017

Wirex is a payment platform for buying, selling, storing, exchanging, and transferring digital currencies. The physical location of the application is at 34-37 Liverpool St, London EC2M7PP, United Kingdom. It was founded in 2014. Wirex Limited is authorized by the Financial Conduct Authority (FRN: 902025) to perform financial activities such as issuing of electronic fiat money and payment instruments. The mobile application is available on the App Store for iOS devices and Google Play for Android devices.

Site:
wirex.sjv.io
Country:
United Kingdom
Launched:
2014

Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.

Country:
USA
Launched:
2012

Founded in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies in pairs with BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token, which allows its holders to access discounted trading fees. The exchange has around 30 currencies listed at the moment and 179 markets running according to CoinMarketCap.

Country:
China
Launched:
2017

Bit-Z is a Hong Kong-based cryptocurrency exchange that was launched towards the end of 2016. It is one of the top ten crypto exchanges around the world in terms of the reported trading volume.

Site:
u.bitz.ai
Country:
Hong Kong
Launched:
2016

Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.

Country:
South Korea
Launched:
2016

Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.

Country:
International
Launched:
2014

Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.

Site:
twitter.com
Country:
Australia
Launched:
2013

Cryptonator is a multi-currency digital assets wallet. It's worth mentioning that Cryptonator accepts fiat currencies as well. It is a software hot wallet with the inbuilt function of the assets exchange. As the wallets (especially hot wallets) are subject to numerous hacker attacks and phishing it's important to understand if Cryptonator is safe before start using it. The following review will help to make the right decision.

Country:
Hong Kong
Launched:
2014

Exodus is a top-tier multi-cryptocurrency wallet with rich opportunities for personalization and numerous available features. It was founded in 2016 with the idea to provide crypto beginners with a convenient tool to handle their coins. There is no sign-up or maintenance fee charged for its use.

Country:
USA
Launched:
2016

IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.

Site:
www.idax.pro
Country:
Mongolia
Launched:
2017

OceanEx is a centralized cryptocurrency exchange founded in November 2018. The company has headquarters in the Cayman Islands. Among the core members of the OceanEx team, there are people who worked in CISCO, Samsung Research, Baidu, Morgan Stanely, and some other big companies.

Site:
oceanex.pro
Country:
Cayman Islands
Launched:
2018

SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.

Country:
United Kingdom
Launched:
2013

55 Global markets was established in the USA in 2017. The platform is declaring quite a big trading volume. Approximately it fluctuates at around 150-200 mln. $ per day.

Site:
www.55.com
Country:
USA
Launched:
2018

Aave is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing.

Site:
app.aave.com
Country:
Eswatini
Launched:
2017

ABCC is a Centralized cryptocurrency exchange based in Singapore. The exchange was launched in 2018. ABCC has 132 available trading pairs and 73 coins. Deposits are Free on the exchange. ABCC doesn't have Fiat deposits option. Margin trading option is not available on the exchange.

Site:
abcc.com
Country:
Singapore
Launched:
2018

Abra is the investment product and a mobile crypto wallet that can be used on both Apple and Android platforms. Abra supports cash-out transactions as well as bank transfers.

Site:
www.abra.com
Country:
International
Launched:
2014

ACX is an Australian exchange with the mainly focus on the local market.

Site:
acx.io
Country:
Australia
Launched:
2014
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