Bitcoin is a popular digital currency that is used as a medium of exchange and store of value. It is traded on various platforms, with Remitano being one of the most popular ones. Remitano is a peer-to-peer cryptocurrency exchange that allows buyers and sellers to trade bitcoin and other cryptocurrencies. If you are looking to sell your bitcoin on Remitano, here is a step-by-step guide on how to do it.
Step 1: Create a Remitano account
The first step in selling your bitcoin on Remitano is to create an account on the platform. You will need to provide your email address and create a password to sign up. Once you have created your account, you will need to verify your email address and complete your profile information.
Step 2: Deposit bitcoin in your Remitano wallet
To sell bitcoin on Remitano, you need to have bitcoin in your Remitano wallet. If you don’t have any bitcoin in your wallet, you can transfer bitcoin from your external wallet to your Remitano wallet. To do this, click on the “Deposit” button in your Remitano wallet and follow the instructions to transfer your bitcoin.
Step 3: Create a sell order
Once you have bitcoin in your Remitano wallet, you can create a sell order. To do this, click on the “Sell” button on the Remitano homepage and select bitcoin as the cryptocurrency you want to sell. You will then need to enter the amount of bitcoin you want to sell and the price you want to sell it for.
Step 4: Wait for a buyer
Once you have created your sell order, you will need to wait for a buyer to match your order. Remitano is a peer-to-peer exchange, which means that buyers and sellers are matched directly. When a buyer matches your sell order, you will receive a notification from Remitano.
Step 5: Transfer bitcoin to the buyer
After a buyer matches your sell order, you will need to transfer the bitcoin to the buyer’s wallet. To do this, click on the “Release Bitcoins” button in your Remitano wallet and follow the instructions to transfer the bitcoin to the buyer’s wallet. Once the transfer is complete, the buyer will confirm receipt of the bitcoin, and the trade will be completed.
Step 6: Withdraw funds from your Remitano account
After the trade is completed, you will have funds in your Remitano account. To withdraw these funds, click on the “Withdraw” button in your Remitano wallet and select your preferred withdrawal method. You can withdraw funds to your bank account or other payment methods such as PayPal or Skrill.
In conclusion, selling bitcoin on Remitano is a straightforward process that can be completed in a few simple steps. By following the steps outlined above, you can sell your bitcoin on Remitano and withdraw your funds to your preferred payment method. However, it is important to note that the price of bitcoin can be volatile, and it is essential to stay informed about market trends and make informed decisions when trading.