How to Sell Bitcoin

How to Sell Bitcoin

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After struggling at the beginning of the pandemic, Bitcoin’s price has returned to long-forgotten highs. It has once again become one of the best-performing assets of the year, stocks and precious metals included.

Many have made quite a bit of profit with the original cryptocurrency and are now ready to cash out. This article is intended to help Bitcoin holders to sell Bitcoin directly to their credit or debit card, converting their profits in traditional currencies.

If you are interested to learn how to do this with minimal effort follow this quick guide below.

First, let’s take a look at the platform we have chosen for you.

Why choose Paybis for your Bitcoin transactions?

Paybis is a crypto and digital currency exchange that was created in 2014. A popular crypto platform in Europe, its goal is to provide the most responsive crypto exchange experience on the market.

After using Paybis on a regular basis for crypto purchases and selling, we can say that they have achieved this perfectly.

Beginners and crypto veterans will appreciate the simplistic interface. It’s a breeze to navigate and transactions are completely hassle-free.

Furthermore, transfer speeds are among the best on the market, while verification procedures take less than 5 minutes to complete.

The choice of payout options is also quite broad, with 3 major currencies (USD, EUR and GBP) for credit cards and 4 different digital wallets: Skrill, Neteller, Payeer and AdvCash.

Finally, their customer service is nothing short of stellar, with 24/7 access and a response time of less than a minute. Anytime we had a question, it was given a pertinent answer and any issues were resolved swiftly.

All of these reasons have convinced us that there’s no better place to start if you want to sell your Bitcoin directly to your credit card.

How to Sell Bitcoin on Paybis?

Before you begin a transaction on Paybis, you will need to create an account on their website. Visit Paybis.com and click on the “Sign Up” button in the top right corner.

You can use a traditional method like your email, or choose to register with your Google or Facebook accounts for your convenience. Once you’ve done that, it’s time to sell your Bitcoin.

1.   Initiate your transaction

  • Once you have logged into your account, choose Bitcoin as your method of payment in the left drop-down menu.
  • Next, select Credit/Debit Card in the right drop-down menu as your payout option
  • Enter the amount of Bitcoin you wish to sell, and press on “Sell Bitcoin” to start the transaction.

2.   Verify Your ID

The next step will be for you to verify your identity. It’s a straightforward process, where you will be asked to provide your:

  1. Name, surname, and date of birth
  2. Region and address
  3. Upload a picture of your ID

Follow the instructions and submit the data. Once verified, the system will notify you are eligible to proceed.

3. Finalize Payment

First, authorize your Credit card to enable Paybis to send funds to it.

And finally, follow the instructions to complete your payment. Send your Bitcoin to the address provided to you by the system

4.   Receive Cash

Once the Bitcoin transfer has been completed to Paybis’ wallet, funds will be transferred to your credit card immediately.

It’s as simple as that! If you have any questions, you can contact their support team at any time through the live function on the website.

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