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Can i sell bitcoin

can i sell bitcoin

from one person to another, or to a company, without attaching your name or other personal information. (Exchanges that are registered with regulators are required to verify your identify before doing business with you in an effort to protect against fraud and money laundering.) And there is risk whenever you provide personal and financial information to any entity, especially online. Bitcoins reputation has suffered several blows, thanks to such news as the governments crackdown on the online marketplace Silk Road, the arrest of one of bitcoins proponents on money laundering charges and the sudden shutdown.

Selling bitcoins is not much different from buying bitcoins.
Finding a, bitcoin exchange or trading partner that will pay you with your desired payment method is the first step.
From there, you can complete a trade to sell your bitcoins.

Unless, of course, an exchange is suffering some sort of outage - an increasingly (and disconcertingly) common occurrence. Hill cited a recent example of a marijuana shop in Seattle that began accepting bitcoins through Coinbase. Selling your stuff online for bitcoins is just like selling your stuff for cash/Paypal/etc. Even if you're sitting on piles of money, itching to buy bitcoin, there are limits. Credit card, bank transfer or wire transfer). youll probably have to schedule an appointment to meet the buyer and finalize the deal.

How to Sell Bitcoin - A Guide to Selling Bitcoin Online

can i sell bitcoin