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How To Sell Bitcoin Through Digital Wallet?

 
Digital Wallet Bitcoin

It is good to buy and store bitcoins for investment purposes in your DIGITAL WALLET BITCOIN, but you cannot keep it for a longer time, if you are not getting any sort of  profit or advantage from it, the best way is the sell-off your Bitcoin.
There are many ways to perform the selling process. You can directly sell it or opt for any exchange platform.

                        -: There are some steps to Sell Bitcoin :-

1 - Create an exchange account:

You can convert Bitcoin into cash by using the exchange platform. It is the simplest and authentic way to sell cryptocurrency. You can choose your required options for exchanges, but we would suggest Xana, a digital and a decentralized wallet where the exchange of bitcoins and other currencies are possible.

There are many other platforms to select for exchanges, but Xana is the quickest and easy platform to opt for. It has been launched in India as well.

For starting, you need to sign up for an account. There are many procedures to follow for creating a valid ID. After completing all the steps, you need to link your bank account with it. In this way, you will get your cash transferred easily after trading for Bitcoin sales.

2 - Bitcoin can be transferred to your exchange wallet:

You can easily trade your bitcoin on Xana digital wallet app, as it is a genuine exchange platform. In this, you can store your bitcoin, transfer, and keep it ready for the sale process.
You need to login to the exchange app by entering all the related information.

There are steps mentioned in the exchange wallet for the selling transaction. In the Xana wallet, you can also get other features that mention the payment procedures which can be operated directly from the wallet into your account.

Xana digital wallet offers high security for your account and has advanced technology. All the transactions that are done in the wallet are user-friendly and adapt simple processes.

3 - Place an order:

In Xana, a digital wallet you can select the buy/sell options and place a selling order accordingly. You need to choose bitcoin as your currency that you are interested in selling. Later select the correct option, where you want your amount to be deposited after the trading is done.
This is only possible because - Your account is being made in the exchange platform, the bank account is linked, and bitcoin is also transferred on the exchange.
 
Digital Wallet Bitcoin

Points to remember:

When to sell period - It depends on how many bitcoins you need to sell, and most importantly the effect on bitcoin due to the long time storage.
Holding period - There is a sort of holding period before the Bitcoin sales.
Check your wallet - Before deciding to sell your bitcoin, you need to check the number of bitcoins you have, and also your bank details for the direct transfer.

Alternate methods:

You can also sell your Bitcoin through direct trade or directly to the buyer. In this, you can directly contact the buyer. Set up your needed value for the bitcoin on the site, the person who wants to buy on the agreed price will try to contact you through the site itself. Then the transaction can be performed accordingly when the buyer pays you and you deliver the mentioned bitcoin.
Regarding the payment procedures, always opt for the genuine platform. Here, Xana digital wallet app is a liable wallet where transactions can be done both online and bank account transfers.

Conclusion:

Buying and selling Bitcoin currency is not that easy, but if you select an authentic wallet platform for the transactions then it is not a tough job either. You need to be aware of the rules for performing any related transaction. If it is selling Bitcoin, then be assured of the procedures, transfer, and other aspects.


                                          

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