Bitcoin, the world’s first and most famous cryptocurrency, has seen a surge of interest in recent years. With the rise in Bitcoin’s popularity, it has become easier to buy and sell Bitcoin. Voyager, an online platform for buying, selling, and trading cryptocurrencies, offers a simple and secure way to sell Bitcoin. In this article, we will explain how to sell Bitcoin on Voyager.
Step 1: Create an account on Voyager
The first step to selling Bitcoin on Voyager is to create an account. To do this, you need to visit the Voyager website and sign up for an account. You will need to provide some personal information, such as your name, email address, and phone number, to create an account. Once you have created your account, you will be able to access Voyager’s trading platform.
Step 2: Verify your identity
Before you can sell Bitcoin on Voyager, you need to verify your identity. This is done to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. To verify your identity, you need to provide Voyager with a government-issued ID, such as a passport or driver’s license, and a selfie of yourself holding the ID. Once your identity is verified, you will be able to sell Bitcoin on Voyager.
Step 3: Transfer your Bitcoin to Voyager
To sell Bitcoin on Voyager, you first need to transfer your Bitcoin to your Voyager wallet. To do this, you need to copy your Voyager Bitcoin wallet address and send your Bitcoin from your existing wallet to your Voyager wallet. Once the Bitcoin is in your Voyager wallet, you can sell it for fiat currency, such as USD or CAD.
Step 4: Sell your Bitcoin on Voyager
To sell your Bitcoin on Voyager, you need to go to the “Sell” section of the Voyager app or website. Here, you will be able to select the amount of Bitcoin you want to sell and the currency you want to receive. Voyager charges a small commission on each trade, which is deducted from the final amount you receive. Once you have confirmed the trade, your Bitcoin will be sold, and the fiat currency will be deposited into your Voyager account.
Step 5: Withdraw your funds
After selling your Bitcoin on Voyager, you can withdraw the funds to your bank account. To do this, you need to go to the “Withdraw” section of the Voyager app or website and select the currency you want to withdraw. You will need to provide your bank account information, and Voyager will transfer the funds to your account. The withdrawal process can take several days, depending on your bank’s processing times.
Conclusion
Selling Bitcoin on Voyager is a simple and secure process. By following the steps outlined in this article, you can sell your Bitcoin for fiat currency and withdraw the funds to your bank account. Remember to always be cautious when selling cryptocurrencies and only sell what you can afford to lose. With Voyager, you can sell Bitcoin with confidence, knowing that your transactions are secure and compliant with AML and KYC regulations.