With BTC gaining massive popularity, a lot more people now want to invest in crypto and are exploring how they can buy and sell Bitcoin instantly. Knowing how to do so is important to ensure they take advantage of favorable price movements to sell their digital currencies at the right time, making handsome profits.

Below are some quick and straightforward ways people can use to sell Bitcoin instantly:

Over-the-Counter (OTC) Trading

While some methods work best for small transactions or ordinary individual investors, over-the-counter trading is meant for larger transactions or institutional investors.

This method of selling Bitcoin instantly involves OTC brokers negotiating the transactions between buyers and sellers. OTC trading is the best option for large trades carried out by institutions or high-net-worth individuals looking to execute big transactions and not cause significant market fluctuations.

Bitcoin ATMs

As more things are automated, there has been a proliferation of Bitcoin ATMs. These are similar to the conventional ATMs but instead of dispensing cash, they allow people to buy and sell bitcoins instantly. The machines allow users to cash out their Bitcoin in a short while and are conveniently situated in high-traffic areas such as malls, airports, and other prime locations. This makes them easily accessible to people looking to trade bitcoins.

If you want to sell Bitcoin instantly using Bitcoin ATMs, you need to locate the nearest machine using online tools such as CoinATMRadar and others and visit it. While at the machine, you need to follow the on-screen instructions and execute your transaction. However, you need to keep in mind that Bitcoin ATMs tend to have higher charges than most of the other methods of trading bitcoins.

Cryptocurrency exchanges 

One of the best and most commonly used ways to sell Bitcoin instantly is using cryptocurrency exchanges. Most crypto exchanges operate online platforms where people can log in and trade their bitcoins and other coins. In addition, some exchanges have physical offices that people can visit and transact their coins in a safe and secure environment with the help of the staff there. To use a crypto exchange, you need to create an account, connect your bank account or any other payment option supported, and follow the exchange’s selling process to cash out your Bitcoin instantly.

Peer-to-peer exchanges 

If you are looking for a more direct way to sell your Bitcoin instantly, you could consider peer-to-peer exchanges. P2P platforms, such as LocalBitcoins and Paxful link buyers and sellers allowing them to negotiate and agree on the trading terms, including payment options, and close their transactions independently. This method can be a good and quick approach because it eliminates the need for intermediaries. However, it calls for the users to be cautious and follow some recommended safety guidelines to prevent potential scams and fraud.

Payment apps and services 

Some payment apps and services have integrated digital currency functionality, enabling users to buy and sell Bitcoin instantly and seamlessly. For example, PayPal and other platforms have added features that allow users to buy, sell, and even hold BTC within the app.

Conclusion

There are several ways you can buy and sell Bitcoin instantly, including OTC trading, Bitcoin ATMs, cryptocurrency exchanges, peer-to-peer exchanges, and payment apps and services. You should choose the method that is convenient for you, has reasonable fees, and is secure.