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How to Sell Bitcoin to Bank Account
How to sell Bitcoin the easy way
Investing in Bitcoin only works if you have an easy, fast, and secure way to close your position. With Paybis, you can withdraw Bitcoin to bank account in four easy steps.
- Decide how much Bitcoin to sell and click “Sell Bitcoin”
- Enter your bank account data. We accept transfers in EUR, GBP, and USD.
- Transfer your bitcoin to our wallet
- Receive your payout!
Why sell Bitcoin?
If you're serious about investing, you need a clear game plan for managing your assets. Not only do you need to know when to buy; you also must decide when to sell Bitcoin.
You have to keep in mind that Bitcoin is a volatile currency. If you make a plan to sell some of your Bitcoin once it rises to a certain price level (also known as Take profit), you can shield yourself from the worst dips and maintain a steady profit.
Cheapest way to sell Bitcoin
When selling Bitcoin to bank account, there are no intermediaries: your money goes directly to your bank account. This keeps commissions down, which makes it the cheapest way to sell Bitcoin. In other words, you get more money for your Bitcoin!
Moreover, if your bank supports instant transfers, you will receive your money almost immediately! We currently support Instant SEPA for EUR and Faster Payments for GBP.
In other cases, you should receive your money in approximately 1 working day.
Should I withdraw Bitcoin if the price is falling?
Please understand that we do not offer any investment advice, so we cannot tell when you should be buying or selling Bitcoin.
We can repeat, however, that it helps to have a clear plan. Just like you can decide to Take profit, you can also plan to sell BTC once it falls below a certain price point; this is known as Stop loss.
Of course, for this to work, you need a reliable way to sell bitcoins instantly. This is exactly what we offer.
Is it safe to sell BTC?
We can only answer for ourselves: yes, it is safe to sell BTC with Paybis. We are registered with the relevant authorities, and we work hard to maintain an excellent reputation.
This is, however, a question you must ask before selling Bitcoin. There is no way to reverse a crypto transaction: once your Bitcoins leave your wallet, you cannot get them back. Therefore, make sure you can trust your crypto exchange; always check their permits and feedback from other clients.
Sky-high limits
Sell up to 100 000 USD worth of Bitcoin per transaction
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Sell BTC and receive your money directly in your bank account
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We'll send you your money as soon as we receive your BTC
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Transparent pricing
See exactly how much you will receive for your BTC
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FAQ
How do I find a good place where to sell Bitcoin?
Of course we recommend Paybis. Still, you don't have to take our word for it; here are some things you should look for.
- Does the exchange have the necessary permits and certificates? Can you verify them?
- What do other customers have to say? Look for independent review portals, rather than just some unverified testimonials on their own site.
- Can they help you? Selling Bitcoin for the first time can be daunting, and even seasoned professionals may need help at times. It's good to know it's available if you need it.
Watch detailed step-by-step guide on our YouTube channel. Click here.
How much will I receive for my Bitcoins?
You see exactly how much you will receive when you click the Sell Bitcoin button. Please note that you should finish your transaction as soon as possible: the price is locked in for a certain period of time clearly shown in the payment page. If this time runs out, the price will be updated every minute.
How soon will I receive my money?
We will process the transaction as soon as we receive at least one confirmation on the Blockchain.
If your bank supports Instant SEPA (for EUR) or Faster Payments (for GBP), your money can be in your account in less than a minute! Please note, however, that there may be additional checks which may delay the payment.
For other transfers, this usually takes around 1 working day. This depends on the banking system, and we have no control over it. You may be sure, however, that you will receive the exact amount of money you saw when you completed the transaction, even if the price of Bitcoin changes in the meantime.
What if the Bitcoin price changes before I complete my payment?
We lock in the price of Bitcoin for a certain period of time; you will see that time in your transaction window. This means that, if you act fast, you can complete the transaction on time and receive the exact amount of money you saw when you clicked on the Sell Bitcoin button.
Unfortunately, we cannot lock in the price for indefinite periods of time. If the time runs out, the price will be updated every minute.
Somebody asked me to sell their Bitcoins for them, can I do that?
Approach any such offers with extreme caution, especially from people you don't know very well; they may be trying to scam you or involve you in money laundering schemes.
For your own safety, you can only sell Bitcoin to bank account that belongs to you. You cannot sell Bitcoin if the name on the bank account does not match the name on your Paybis account.I don't have an EUR, GBP, or USD bank account, can I still sell my Bitcoins?
Can I trust you with my Bitcoins?
This is a very good question, and one you definitely should be asking before you send your Bitcoins to anyone ー including us.
We ensure the highest level of security for all our transactions. We are registered with the relevant authorities, we rigorously implement the latest security measures, and we are proud of our excellent feedback on Trustpilot. So yes, you can trust Paybis with your crypto, and we work hard to justify your trust.
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