In our current times of uncertainty, even the most avid Bitcoin believers know that being able to sell Bitcoin and have fiat liquidity is a must. So while the financial revolution is going strong, for those of you who need to momentarily hit pause, Coinmama wants you to know: we’re still with you.
It’s our way of giving back to you in these tough times!
Can you sell Bitcoin for cash?
Now, more than ever, your health is probably first and foremost on your mind—it is on ours too—but your finances may be a close second. With over 3 million Coronavirus cases and 200,000 deaths worldwide, we’ve entered a new reality. We’re in the midst of an unprecedented financial crisis, with mass layoffs regularly taking place, and some people predicting unemployment rates will hit 30%. We know that some of you may need fiat, even if it comes at the expense of the Bitcoin you’ve been HODLing.
Today, we’re making it easy to sell Bitcoin and access the fiat you need. So if you are wondering “Where do I sell my Bitcoin for cash,” look no further. We’re giving users the ability to sell Bitcoin with payout directly to your bank account.
Any fees are shown before you confirm your order.
How to transfer Bitcoin for cash using SEPA
If you’re part of our European family, you can transfer Bitcoin for cash using a bank account that supports SEPA transfers.
- Sign up for Coinmama, or log into your verified Coinmama account
- Click the “sell” button and enter the Bitcoin amount you’d like to sell
- Choose SEPA as your payout method
- Add your bank information, including your European bank country and IBAN
- Add your personal details
- Transfer the Bitcoin amount from your own wallet to the wallet address provided
- Once the coins have been confirmed on the Blockchain, Coinmama will transfer the fiat amount to the bank account provided
How to transfer Bitcoin for cash using SWIFT
Where selling is offered, whether you can get your payout by SWIFT bank transfer depends on your country. See how to sell your coins.
- Sign up or log into your Coinmama account
- Select “sell” and enter the Bitcoin amount you’re selling
- Choose SWIFT as your payout method
- Enter your bank country, bank account number, and routing number or Bank Identifier Code
- Complete your personal details
- From your own wallet, send the Bitcoin amount to the wallet address provided
- As soon as the coins have been confirmed on the Blockchain, Coinmama will send the fiat amount to the bank account provided.
For more information on how to sell Bitcoin with Coinmama, visit our help center.
Sell now with Coinmama. Or Sign Up Now.
Key Inquiries: Streamlining Your Bitcoin Liquidation Process
1. What are the steps to sell Bitcoin for cash using Coinmama?
To sell Bitcoin on Coinmama, sign up or log in, hit “sell,” specify the Bitcoin amount, select your payout method (SEPA or SWIFT), enter your bank details and personal information, and transfer your Bitcoin to the provided address. Once confirmed on the Blockchain, Coinmama will send the fiat to your bank account.
2. What fees do I pay when I sell Bitcoin?
Any fees are shown before you confirm your order. See fees and charges.
3. Can I sell my Bitcoin for cash if I’m outside Europe and the US?
Where selling is offered, payout options depend on your country. See how to sell your coins.
