How to sell crypto-currencies on BitBay ?

How to sell crypto-currencies on BitBay ?

You want to use BitBay to sell the crypto-currency, but you don’t know how does the platform work. No problem, we will guide you step by step to do it.

Your registration on BitBay

You must in fact begin by creating an account on BitBay before you can sell the crypto-currency on this platform. However, this is not really difficult, since it is only a matter of following various steps. So, to start, you will need to provide your email and create a user name, a pin code and a password. However, to ensure maximum safety, we recommend that you find a complex password. Once this is done, you will receive an e-mail containing the link that will allow you to confirm your registration. In addition, you can also benefit from a second level of security by using Google Authenticator. This will allow you to better protect your crypto-currency. Even if it is optional, we recommend that you take advantage of it. Your crypto-currencies are never enough protected.

The verification of your identity

However, even if your account is validated, you can’t still enjoy all the features of the platform BitBay. To be able to make a first deposit on your account, your identity must be verified. But this is really not difficult as you just need to follow the different steps. The first of them is to fill out a questionnaire in which you must provide various personal information such as your name, your name, your address and your date of birth. In addition, you will need to send a photocopy of the front and back of an identity document in course of validity. This can be an identity card, a passport or a driving licence. In addition, you will need to provide a proof of address dating from less than 6 months : a contract, an invoice or an official document from the State.

Sell the crypto-currency on BitBay

However, before you sell the crypto-currency on BitBay, you must be on the platform. For you to purchase, you can undermine it, buy it directly on BitBay or the transfer from an online wallet or another platform. Once you have it, you can sell it on BitBay by going to the menu ” Sell “. You will then need to click on “New Order” and select “Sell” button on the top left. You will then need to select the number of crypto-currencies that you want to sell and their prices before you commit. Once a buyer has chosen your offer and the transaction will be validated, you will receive the money on your account BitBay while the buyer will receive its crypto-currency.

What you must remember

  • Before you can sell the crypto-currency on BitBay, you must create an account on this platform and validate it.
  • To make full use of your account BitBay and be able to make a deposit, your identity must first be verified.
  • Finally, in order to sell the crypto-currency, you must create a sales order in the section ” Sell “.