To be able to withdraw your cryptocurrency from Coinbase you will have to sell your Bitcoin Click Trade from the dashboard. Select the Sell tab Enter the amount of Bitcoin you would like to sell or click “Sell . Coinbase only allows you to sell directly into your Coinbase fiat wallet. However, there is no limit on the amount you can sell to your wallet. After selling to your Coinbase fiat wallet, you can opt to either withdraw funds to your US bank account or repurchase cryptocurrency on the platform. 36 rows · Sell Bitcoin in the UK | BittyBot Sell Bitcoin in the UK Full list of merchants and .
Sell bitcoin coinbase ukHow and Where to Buy and Sell Bitcoin in the UK –
It is easy to use, convenient and has easy onboarding. Coinbase Pro is a trading platform aimed at more experienced traders. Who can exchange a wider range of assets with more advanced trading buy and sell options, using order books, charts and graphs. They also have their own Coinbase Wallet app which is a place to store your cryptocurrencies securely, where you have control over your crypto assets.
Coinbase which has been around since is thought as an extremely safe place to buy Bitcoin and has gone through a lot of regulations to be so, they have never been hacked and are considered a well-trusted place to buy and sell your crypto.
Buying Bitcoin from Coinbase is a nice, simple process if you are new to Bitcoin or other Cryptocurrencies. New to Coinbase? The first time you add your UK bank account you will be prompted to verify your account.
Ensure that when you send the funds, you include the reference number, so that Coinbase know the transaction relates to your account. From this screen you can view a confirmation of the purchase, as well as the Coinbase fees associated to the order.
If you have a Coinbase account and are currently holding Bitcoin or other cryptocurrencies in there, you may wish to lock in your current profits by withdrawing Bitcoin from Coinbase. Withdrawing direct from the Coinbase site is a simple process, especially for newbies but it does incur fees for this convenience. Once the account to validated you can Withdraw after 5 days. A confirmation of the withdrawal will then appear showing all information and associated bank fees.
This is a simple process to sell and withdraw your Bitcoin. However, I would recommend Withdrawing from Coinbase Pro where fees are significantly lower. Coinbase Wallet is a standalone app, that allows users to store their own crypto and explore the decentralized web with a Dapp browser.
Not to be confused with the Coinbase app, which is also available on Coinbase. Learn how to trade cryptocurrency on Coinbase Pro to reduce fees when buying and selling digital assets such as Bitcoin, Ethereum, and Litecoin.
Learn the difference between Market orders, Limit orders and Stop orders. If you want to find the best crypto trading Fed up of earning negative interest from your bank?
Why not leave the traditional financial system behind and start Your new cryptocurrency will then be sent to your private wallet for safe storage. The transaction limits on these exchanges may also be too low for your needs, so anyone looking to sell a large amount of Bitcoin should consider an over-the-counter OTC trade. OTC trades are those that take place away from a conventional, regulated exchange, and they offer a simpler and more cost-effective way to buy and sell large amounts of Bitcoin.
Check out our OTC cryptocurrency trading guide for more info on how this type of trading works. You can do this by asking yourself a few important questions:.
This should help you decide how you want to sell your Bitcoin, and you can then figure out which platform has all the features you need. When comparing your options, make sure you consider:.
There are several other important features to consider, such as where an exchange is regulated and the payment methods accepted by peer-to-peer trading sites, so check out our cryptocurrency exchange guide for more tips on how to choose the right platform.
Compare ways to sell Bitcoin. The step-by-step guides above take you through the process of selling Bitcoin on an exchange. This refers to selling cryptocurrency directly to an exchange at a market price chosen by the exchange.
The downside is that you may be able to get a better price elsewhere, and you need to make sure the broker is offering you a fair price for your Bitcoin. Selling Bitcoin on a cryptocurrency exchange involves placing a sell order on the exchange order books, where it gets matched with buy orders places by other users.
This can be almost as quick and easy as selling to a broker, and can help you find better prices when selling your Bitcoin.
However, it also requires a bit more know-how and your choice of exchanges may be limited depending on what fiat currency you want to sell Bitcoin for.
For example, while some platforms only accept online bank transfers, sites like LocalBitcoins accept everything from cash and credit cards to PayPal and Western Union transfers. The registration process varies from platform to platform, but some peer-to-peer marketplaces allow you to trade with a certain level of anonymity. Bitcoin ATMs allow you to deposit cash and convert it to Bitcoin. However, some of these ATMs also allow you to transact in the opposite direction — in other words, convert your BTC balance into fiat currency so you can withdraw cash.
The main advantage of this approach is that it offers fast access to cash, providing an instant way to turn your digital coins into real-world money. Want to sell some BTC to a friend or family member?
If they already have a Bitcoin wallet set up, the process is easy. All you have to do is scan their wallet QR code or copy its address, transfer them the BTC, and either accept payment from them in cash or as a bank transfer.
However, you may also be considering selling your Bitcoin to a random person, perhaps someone who contacted you through a peer-to-peer marketplace or who you arranged to meet via an online forum. Taking normal safety precautions, such as arranging to meet in a public place, is also a must.
You should also familiarise yourself with the kinds of scams that circulate on peer to peer exchanges, such as credit card chargeback fraud and man in the middle scams, so you know how to spot any red flags.
The final step is to withdraw the proceeds of your sale into either your bank account or your cryptocurrency wallet. Options may include:. Storing your cryptocurrency on an exchange for the long-term is not recommended. Exchanges control the private keys to these wallets and are also popular targets for hackers, so the safest option is to transfer your crypto into a secure wallet which lets you retain ownership of your private keys.
Once again, check whether there are any limits on the amount of crypto you can withdraw per-transaction or in any hour period. Analyse the market carefully to decide whether you want to sell or hold. Our guide to cryptocurrency technical analysis is a useful tool to help you better understand and read the crypto market. Yes, some multi-currency wallets such as Coinomi and Jaxx come with an in-built exchange service that allows you to quickly swap Bitcoin for another crypto within your wallet.
Look at the current sell offers listed on your chosen platform to get an idea of the average price. Andrew Munro is the cryptocurrency editor at Finder. Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.
Here we look at what admin and practicalities you need to sort out to make sure you are doing it legally and safely. Our guide explains the process involved in taxing a vehicle and whether or not you need insurance in place to do so.
We asked 47 experts for their cryptocurrency price predictions and took a deep dive into the Bitcoin price rally. In the event of being made redundant, insurance can provide financial protection. Launching your business and wondering about receipts? Opening a bank account is one of the very first things you need to do when setting up a charity. Here we look at how to go about finding the right account, from comparing different options to saving on fees.
Should you get a current account, a savings account, or both? What about joint accounts and premium accounts? This guide looks at the main types of bank accounts and what services they offer to help you figure out what you need exactly.
Use our online calculator to find out how much life insurance you need based on your own personal circumstances. Discover all you need to know about 5-year fixed-rate bonds, including how to find the best one for you. Click here to cancel reply. Optional, only if you want us to follow up with you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. While we are independent, the offers that appear on this site are from companies from which finder.
We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
Andrew Munro. Fact checked. Buy Bitcoin and 15 other cryptocurrencies Copy top-performing traders Disclaimer: Virtual currencies are highly volatile. Your capital is at risk. Navigate Cryptocurrency Getting Started What is cryptocurrency? Cryptocurrency exchanges Cryptocurrency wallets Cryptocurrency trading What is the blockchain? Bitcoin mining. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
Enter the amount of coins you wish to sell. Select the fiat currency you wish to receive eg GBP. Enter your email address. Enter your phone and referral details. Enter your bank or Revolut details. Confirm your details and proceed. Table: shows partner brands and other brands, sorted by popularity. Go to site View details. Exmo Cryptocurrency Exchange - UK. A UK-based cryptocurrency platform that provides buyers with a wide variety of payment options.
Disclaimer: Virtual currencies are highly volatile. Copy the trades of leading cryptocurrency investors on this unique social investment platform. BC Bitcoin Cryptocurrency Broker. BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than different cryptocurrencies. Coinbase Digital Currency Exchange. Buy and sell major cryptocurrencies on one of the world's most renowned cryptocurrency exchanges. Revolut Cryptocurrency App. Bank transfer,Credit or Debit Card.
Buy and sell several popular cryptocurrencies through your Revolut account, set up recurring purchases and transfer it to other users. Coinmama Cryptocurrency Marketplace. Founded in , CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Bitpanda Cryptocurrency Exchange. Paybis Cryptocurrency Exchange. Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.
Poloniex Digital Asset Exchange. Credit card,Cryptocurrency. Trade various coins through a global crypto to crypto exchange based in the US. CoinCorner Bitcoin Exchange. Bank transfer,Credit card,Debit card,Neteller. Cryptopay Cryptocurrency Platform. YoBit Cryptocurrency Exchange. BitBay Cryptocurrency Exchange. CoinSwitch Cryptocurrency Exchange. CoinSwitch allows you to compare and convert over cryptocurrencies across all exchanges.
Changelly Crypto-to-Crypto Exchange. Credit card,Debit card.