How can I sell my bitcoins on Paxful and withdraw the funds?
Alfito Ichsan GalaksiDec 29, 2021 · 3 years ago1 answers
I want to sell my bitcoins on Paxful and withdraw the funds. Can you guide me through the process step by step? What are the requirements and fees involved?
1 answers
- Dec 29, 2021 · 3 years agoSelling your bitcoins on Paxful and withdrawing the funds is a simple process. Here's what you need to do: 1. Log in to your Paxful account or create a new account if you don't have one. 2. Navigate to the 'Sell Bitcoin' section on the Paxful platform. 3. Choose a payment method that suits you. 4. Enter the amount of bitcoins you want to sell. 5. Set your preferred exchange rate or choose to sell at the market rate. 6. Browse through the available offers from other Paxful users and select the one that meets your requirements. 7. Initiate the trade by clicking on the 'Sell' button. 8. Follow the instructions provided by the buyer to complete the transaction. 9. Once the buyer confirms the payment, the bitcoins will be transferred to the buyer's wallet. 10. You can then withdraw the funds from your Paxful wallet to your preferred payment method. Paxful charges a fee for each transaction, which varies depending on the payment method and trade volume. Make sure to review the fees before proceeding with the trade. If you have any more questions, feel free to ask!
Related Tags
Hot Questions
- 97
What are the best digital currencies to invest in right now?
- 86
What are the tax implications of using cryptocurrency?
- 74
How can I minimize my tax liability when dealing with cryptocurrencies?
- 66
Are there any special tax rules for crypto investors?
- 61
What are the best practices for reporting cryptocurrency on my taxes?
- 38
How can I protect my digital assets from hackers?
- 25
How does cryptocurrency affect my tax return?
- 23
What are the advantages of using cryptocurrency for online transactions?