Selling Cryptocurrency made simple.
At Bitinvestor we’ve made it simple to sell cryptocurrency.
As soon as you’ve sent us your cryptocurrency, we’ll initiate a bank transfer to you. You will usually receive your money within a few hours, but always within 2 business days.
And if you face problems or have any questions, we’re ready to help in our livechat every day of the week!
How do you sell cryptocurrency?
Why sell through Bitinvestor?
Local bank transfer
We pay out through the local banking systems for EUR, GBP, and DKK so you don’t have to worry about international methods.
As soon as we receive your cryptocurrency, we intiate the payout to you.
Bitinvestor is regulated by the Danish Financial Authorities and Fintrac Canada.
Learn about cryptocurrency
Tracing the Historical Footprints of Cryptocurrency
As we traverse the digital era, we examine cryptocurrencies, a novel invention that has profoundly disrupted the banking industry. The origin of cryptocurrencies can be mostly traced back to the 2009 invention of Bitcoin, which was created by an individual or group operating under the pseudonym Satoshi Nakamoto.
When Satoshi released Bitcoin into the internet, he embodied the idea of a peer-to-peer, decentralized electronic monetary system. This innovative creation was designed to avoid the requirement for centralized financial middlemen, resulting in a more equitable perspective on financial institutions and transactions. Because of Satoshi’s groundbreaking innovation, a plethora of cryptocurrencies have emerged, posing new financial challenges and opportunities.
Who founded cryptocurrency?
The cryptocurrency stage is inhabited by a multitude of characters, each of whom is essential to the development of the industry. The ensuing chapters of the cryptocurrency narrative have been weaved by innumerable developers, miners, and consumers, while Satoshi Nakamoto wrote the initial chapter.
Different cryptocurrencies are supported by various teams and communities, who are frequently hidden behind digital avatars and pseudonyms. For example, Vitalik Buterin suggested Ethereum, a well-known cryptocurrency, and it was crowdfunded in 2014 before releasing in 2015. On the other hand, certain cryptocurrencies are driven by more well-known individuals and businesses. The fundamental similarity between these players is their shared support for decentralization, which creates an environment that gives people more control over their financial lives.
How does crypto work?
When we dip our toes into the workings of cryptocurrencies, we see a complex and fascinating apparatus. Blockchain technology, a decentralized ledger that carefully logs every transaction across a network of computers known as nodes, is the foundation upon which cryptocurrencies are built. Each transaction is contained in a block, which, after it has been verified, is inserted into a chain of earlier transactions to form the blockchain. Transaction security, identity integrity, and user privacy are guaranteed by cryptography. Miners, or users with significant processing power, solve challenging mathematical puzzles as part of the mining process to validate transactions. As is the case with Bitcoin, miners are usually paid with the native cryptocurrency after successfully solving these puzzles. This magical universe of blocks, chains, and miners harmoniously illustrates a system in which transactions are clear-cut, unchangeable, and independent of a central authority.
Why should you invest in cryptocurrency?
1. Possibility of High Returns and Startling Gains:
Cryptocurrencies have a track record of remarkable value growth. For example, over time, the value of Bitcoin has increased dramatically, despite being almost worthless in the beginning.
2. Financial Control and Decentralization Sovereign Financial Management:
By giving people control over their financial assets, cryptocurrency eliminates the need for established banks and other financial organizations, thereby empowering individuals.
International Transactions: Cryptocurrency assets allow for cross-border transfers without the high costs and currency conversion that come with utilizing traditional institutions for cross-border transactions.
3. Inflation Hedge & Limited Supply:
The limited supply of cryptocurrencies, such as Bitcoin, is supposed to protect them from inflationary pressures that could reduce the buying power of fiat money.
Asset Diversification: Including digital assets in an investment portfolio can help protect it from traditional market swings and downturns in the macroeconomy.
4. Innovation and Technological:
Potential Investments in cryptocurrencies are equivalent to investments in blockchain technology, a cutting-edge digital ledger that has the potential to upend a number of industries, including supply chains, healthcare, and banking.
Smart contracts: Ethereum and other platforms include smart contract capability that allows for automated, trustless transactions. This could change the way that modern contracts and decentralized apps are framed.
5. Finance’s Future Emerging Asset Class:
As more institutional investors and large companies allocate resources to digital assets, cryptocurrency is quickly establishing itself as a recognized asset class.
6. Inclusion of Finance Accessibility:
Without the requirements of traditional banking, people, particularly those who are underbanked or unbanked, can obtain crucial financial services through the accessible financial infrastructure that cryptocurrencies offer.
Microtransactions: The ability to carry out microtransactions easily and without exorbitant costs gives people all around the world access to new economic opportunities.
7. Benefits of Early Adoption Pioneer Advantage:
Even after ten years, cryptocurrency is still in its infancy. Early investors may profit from this space’s expansion as it develops and gains traction.
8. Innovation and Development:
Going forward, cryptocurrencies should become even more safe and user-friendly thanks to ongoing advances including better user interfaces, more scalability, and more security protocols. This might raise their value and popularity.
Note: Risk and Unpredictability
In particular, it is crucial to emphasize that the crypto market is speculative and volatile. When making an investment, one should exercise prudence, do extensive study, and be aware that money can lose. To properly control risks, a wise investment plan frequently entails diversifying one’s portfolio and only committing money that one can afford to lose.
In conclusion, even if cryptocurrencies provide a wide range of opportunities and signal a new chapter in technology and finance, it is critical that prospective investors approach this area with caution, wisdom, and a keen awareness of their level of risk tolerance.
Frequently asked questions
You can receive your money in less than 5 minutes when selling crypto through Bitinvestor.
If your bank is in Europe or the United Kingdom, you’ll receive your money in a few minutes after we receive your crypto if your bank supports SEPA instant or Faster Payments. Regular bank transfers will take 1 business day.
With MasterCard, you’ll receive your payout within 24 hours after we receive your crypto.
Some of the reasons why one could consider selling crypto are:
- Profit taking
- Risk Management,
- Liquidity Needs
- Tax payments being due
- Market Conditions
There are a lot of different reasons why someone may consider selling cryoti. If you believe the market may crash, the specific isn’t the cryptocurrency that’ll succeed or the network fees are too high, you have very valid reasons to sell crypto.
If you have cryptocurrency in a wallet, you can easily sell the crypto on Bitinvestor.
To sell crypto, go to our sell page, choose the amount of crypto you want to sell, enter your Bank or Credit Card details and send the crypto to the address we give you. You will always receive your money within 1 business day.
As soon as we receive your cryptocurrency, the price gets locked in.
When selling, the price is locked in after your transaction has 1 confirmation on the blockchain. That usually never takes more than 5 minutes.
You can sell crypto for euro and receive your euro in as little as 5 minutes on Bitinvestor.
Receive your euro with MasterCard, SEPA Instant or Regular SEPA.
You can sell crypto for pounds and receive your pounds in as little as 5 minutes on Bitinvestor.
Receive your British pounds with Faster Payments or MasterCard