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.
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| 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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