How to sell a bitcoin (BTC) on BitBay ?

How to sell a bitcoin (BTC) on BitBay ?

You want to send Bitcoin using BitBay, but you don’t know how to do it. This is not a problem since we are going to guide you step by step to get there.

Your registration on BitBay

Indeed, it is the first thing you need to do before you can sell the Bitcoin on BitBay. But no need to worry, it really isn’t that difficult. You just need to follow various steps. The first thing you need to do is enter your email address and create your user name, your pin code and your password. However, to limit the risk of piracy, we advise you to design a password is relatively complex. Once this is done, you will receive an e-mail containing a link that will allow you to validate your account. In addition, you can also benefit from a second level of security by using Google Authenticator. Even if it is totally optional, it is more than advisable to enjoy it since it you will greatly enhance the security of your account.

The verification of your identity

However, although your account is validated, you can not yet take advantage of all the features offered by BitBay. For this, it is necessary that your identity be verified. However, it is really very simple, since you just need to follow different steps. For a start, you need to fill in a form with several personal information, including your first name, last name, your date of birth and your mailing address. Then, you will need to send the photocopy of the front and back of an identity document in course of validity. It may be your identity card, your passport or your driving licence. Finally, it only remains for you to send a proof of address dating from less than 6 months. It can be an invoice, a contract or an official document referred to by the State.

Sell Bitcoin on BitBay

However, before you can sell the Bitcoin on BitBay, it is necessary that you have on this platform. To get a hold of them, you can the miner, the buy directly on the platform or the transfer from an online wallet, or another interface. Once this is done, you will finally be able to sell your Bitcoin. In this plan, you must go to the menu “Sell” before you click on the button “New Order” and ” Sell “. You must then choose the number of bitcoins you want to sell and the price at which you want to sell, before placing your sell order. As soon as a buyer will choose your offers and that the order is validated, you will receive the money on your account then that the Bitcoin will be transferred to the buyer.

What you must remember

  • To be able to buy Bitcoin using BitBay, it will first need to sign up on the platform.
  • Your identity must be verified before you can take full advantage of your account BitBay.
  • Finally, in order to sell the crypto-currency, it is necessary to create a sales order in the section ” Sell “.