How to Sell Bitcoin for Cash Fast, Secure & Easy

Even the most devoted HODLers sell some crypto from time to time. Whether you’re taking some profits off the top, diversifying assets or simply need some quick cash, BitPay has you covered. Take advantage of our flexible limits and always low, always transparent fees on crypto sales. If you’re ready to sell some crypto but aren’t sure where to start, this guide for selling crypto with BitPay will show you the way.

How to sell Bitcoin with BitPay

Step 1: Get the app

Download the app for your iPhone, iPad or Mac computer. Scan the QR code or visit the iOS store to download the app. If you already have the BitPay app, skip this part.

Step 2: Tap “Sell Crypto”

Tap the “Sell” button on the app’s home screen. In addition to Bitcoin (BTC), BitPay supports selling the most popular cryptocurrencies and stablecoins including Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC) and many more.

Step 3: Choose your amount and the cryptocurrency you wish to purchase

Enter the amount you’d like the cryptocurrency you’d like to sell and the amount of cash you’d like to receive

Step 4: Choose your payout method

You can choose to have your cash deposited into your bank account or an existing debit card.

Step 5: Review and choose your offer

BitPay partners with multiple crypto off-ramps to ensure you’ll always get the best possible rates, with no hidden fees or excessive markups. Choose the best offer available for you, and you’ll be automatically taken to one of our partner sites to enter your information and complete the sale.

Step 6: Send your crypto and receive the cash

A sell order will be created, send your crypto to the off-ramp wallet address. Once your transaction is confirmed, your crypto will be converted to cash and delivered to your preferred payout method. 

Benefits of selling crypto with BitPay

• Competitive rates: BitPay aggregates multiple rate offers through a network partners and highlights the best available options, so you’ll always pay the lowest possible price. 
• Low, transparent fees: The only thing worse than high fees are high, hidden fees. BitPay offers low transaction fees, and you’ll always know about them upfront.
• Convenient off-ramp options: Receive your payout directly to your bank account or existing debit card.
• Flexible limits: Sell as little as $30 or as much as $100,000 daily. BitPay provides the same top-tier service for transactions of all sizes.
• Global support: Payouts are available in more than 80 countries around the world.
• Safe and secure: Transactions through BitPay are shielded by industry-leading security. BitPay partners only with the best off-ramp platforms from across the industry.

BitPay’s self-custody wallet unlocks a wide world of crypto commerce possibilities. If you’re sitting on some excess gains after a recent bull run, you can put it to good use in a number of different ways.

• Spend direct with merchants: BitPay has more than 250 partnerships with some of the world’s favorite retail brands, restaurants and service providers that accept direct crypto payments. Check out our ever-growing Merchant Directory for a searchable list.
• Pay off bills: Through BitPay Bill Pay, you can use crypto to pay off credit cards, car loans, mortgages and more, no bank account required. Check out our step-by-step guide for more details.
• Buy gift cards: Gift cards are the one present that truly never goes out of fashion. With BitPay, you can use Bitcoin or other cryptocurrencies to buy gift cards from hundreds of brands and merchants.

FAQs about selling crypto

Now that you know how easy, secure and convenient selling crypto is with BitPay, let’s cover any remaining questions you might have.

How can I sell Bitcoin?

You can sell Bitcoin and other top cryptos using the BitPay app or directly through the BitPay website. 

Why is it a good idea to sell my crypto through BitPay?

BitPay reduces the barriers between you and your money. You can make quick trades to sell off some gains, or secure some cash to put towards a different asset class to diversify your portfolio. And you’ll always pay low fees and be protected by top-notch security.

How quick can I sell my crypto and get the money?

Transaction times can vary depending on the partner rate you choose as well as the payout method. Typically it’ll take between 24-48 hours before the funds are in your checking account.

Is BitPay a safe place to sell my crypto?

Yes – BitPay, a secure platform for cryptocurrency transactions, collaborates only with reputable off-ramp partners.

What types of crypto can I sell through BitPay?

BitPay supports selling the most popular cryptocurrencies and tokens, including:

• Bitcoin (BTC)
• Dogecoin (DOGE)
• Bitcoin Cash (BCH)
• Ethereum (ETH)
• Litecoin (LTC)
• USD Coin (USDC)
• Tether (USDT)

What wallets work for selling crypto through BitPay?

BitPay enables cash conversion from any self-custody wallet. Manage and sell crypto directly through the BitPay Wallet app or convert it on BitPay.com from almost any wallet. Import any self-custody wallet into the app for seamless crypto transactions.

Can I just sell part of my crypto stash?

BitPay allows flexible crypto conversions starting at $30. Sell up to $100,000 daily and $250,000 monthly via ACH and bank transfers, or up to $10,000 daily and $100,000 monthly for card transactions. Limits may vary by off-ramp partner and payout method.