How to sell your cryptocurrency on the blockchain.com website. If you aren’t a fan of holding your cryptocurrency for the long run and want to sell it, Blockchain has a solution for this. It allows you to sell your crypto. If you are a verified user it isn’t a tough task for you. Confused about how to sell crypto on Blockchain? Here is a step-by-step guide to help you in learning how to sell crypto on Blockchain.
Blockchain.com is popular that can be used to buy or sell crypto. Curious to know how to sell crypto on Blockchain? You can log in to your Blockchain.com account and sell your crypto. When you sell crypto, your funds will initially deposit into your USD, EUR, or GBP Cash account. You can keep these funds for your future orders or even withdraw them to your bank account.
How can you sell your cryptocurrency on the blockchain website:
- Log in to your Wallet.
- Click Buy/Sell Crypto.
- Select Sell Crypto.
- Select the Private Key Wallet or Trading Account you’d like to sell from.
- Enter the amount you’d like to sell denominated in a cryptocurrency or your local currency.
- Select the Recipient Account where you’d like to receive the funds.
- Click Next.
- Review the sale details on the Checkout screen.
- Click Sell.
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This post will help you understand how to sell crypto on Blockchain. This guide includes all the crucial details related to selling your cryptocurrency using the Blockchain.com exchange.
How to sell crypto on blockchain
The Blockchain.com platform earlier used to have a Sell Crypto option on the right side of its website. So, you could’ve easily sold your crypto from there. However, this option has been replaced by just Buy Crypto. So, how to sell crypto on Blockchain? Let us check out how to sell crypto on Blockchain.
1. Open The Application
The first thing to learn how to sell crypto on Blockchain is to open the application. Once you open the app, you need to sign up or create a new account by filling in your details like email and password. Fill in all the credentials carefully and move to the next step.
2. Connect Wallet
After this, you need to connect your wallet to the Blockchain.com platform. Remember that connecting your wallet is only possible during sign-up and you won’t be able to do this later. You also need to be gold-level verified for withdrawing and depositing fiat. You just need to submit your government-issued ID for this on top of silver-level verification requirements. You can connect your wallet by scanning the QR code or even by signing in. After this, you can go back and finish signing up.
3. Start Trading
After completing the second step, you need to enter your username and start trading. You need to have some crypto in your account to sell it on this platform. So, you can press the Deposit now Option on the top-right and enable the two-factor authentication. You can then deposit any cryptocurrency to the exchange through your wallet. After sending and exchanging your preferred cryptocurrency, move to the next step.
Choose your preferred trading pair from the top of the page. Select the sell option from the right side. Enter the amount you wish to sell and select the order type. You can now click on Place order. Don’t forget different fees are there for different order types. Check if everything is correct and then confirm by submitting your order.
How to withdraw cryptocurrency from your blockchain
This is how to sell crypto on Blockchain. What if you want to withdraw this sale amount to your bank account? Here is how to withdraw crypto from Blockchain.
On the top, you’ll find your username. Click on that and you can then tap on the portfolio option. Here you’ll find an option of Withdraw on the right corner of your portfolio. You can click on that. After that, move to the next step.
Choose the currency you wish to withdraw. Click on the drop-down and choose your preferred currency. You need to be gold-level verified for withdrawing. You’ll also need to pay a network fee for withdrawal.
Enter the details like your destination address, withdrawal amount, and the two-factor authentication code. After filling these out, click on the Withdraw option. With this, your withdrawal has been processed.