CEX.IO is a popular cryptocurrency exchange that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. If you have Bitcoin in your CEX.IO account and wish to sell it, the process is simple and straightforward. In this article, we will guide you through the steps involved in selling Bitcoin on CEX.IO.
Step 1: Login to your CEX.IO account
The first step is to log in to your CEX.IO account. If you don’t have an account, you will need to create one. Once you are logged in, you will see your dashboard, which displays your account balance, trading history, and other details.
Step 2: Navigate to the Sell Bitcoin page
To sell Bitcoin on CEX.IO, navigate to the “Sell Bitcoin” page. You can find this page by clicking on the “Trade” tab on the top menu and selecting “Sell Bitcoin” from the drop-down menu.
Step 3: Select the currency you want to receive
On the Sell Bitcoin page, you will see a list of currencies that you can receive in exchange for your Bitcoin. Select the currency you want to receive from the drop-down menu. You can choose from USD, EUR, GBP, and RUB.
Step 4: Enter the amount of Bitcoin you want to sell
Next, you need to enter the amount of Bitcoin you want to sell. You can either enter the amount in Bitcoin or in the currency you selected in the previous step. The exchange rate will be displayed, and you will be able to see how much you will receive in the currency you selected.
Step 5: Preview the transaction details
Check the transaction details on the preview page to make sure everything is correct. Verify the amount of Bitcoin you are selling, the currency you are receiving, and the exchange rate. If everything looks good, click on the “Sell Bitcoin” button to proceed.
Step 6: Confirm the transaction
CEX.IO will now ask you to confirm the transaction. Double-check the details once again and click on the “Confirm” button to complete the transaction.
Step 7: Wait for the transaction to complete
After you confirm the transaction, CEX.IO will process your request. The time it takes for the transaction to complete depends on various factors, such as the network congestion and the amount of Bitcoin you are selling.
Step 8: Receive the currency in your account
Once the transaction is complete, you will receive the currency you selected in your CEX.IO account. You can withdraw the currency to your bank account or use it to buy other cryptocurrencies on the exchange.
Conclusion
Selling Bitcoin on CEX.IO is a straightforward process that can be completed in a few simple steps. By following the steps outlined in this article, you can sell your Bitcoin on CEX.IO and receive the currency of your choice in your account. Remember to double-check the transaction details before confirming the sale, and always keep your Bitcoin in a secure wallet.