Home / How To's / How to Sell Bitcoins
How to sell bitcoins - localbitcoins

How to Sell Bitcoins

Selling bitcoins on localbitcoins.com is not difficult at all. It is quite simple and straight forward. In this post, we will guide you on how to sell bitcoins for Naira and other currencies.

How to sell bitcoins - localbitcoins

You can sell your Bitcoins on the localbitcoins.com website, if you have them in your localbitcoins.com wallet. In order to send bitcoins from your Bitcoin wallet to another please check the above description called “How to send Bitcoins”.

The localbitcoin address can be found by clicking on the “Wallet” button, under the “Receive bitcoins” sign.

How to sell bitcoins - localbitcoins

After you made sure to have the required amount of bitcoins in your wallet, follow the next steps:

  1. Click on “Sell bitcoins” on the top of your page.
  2. Choose the preferred Buyer from the list provided and click “Sell”.
  3. Enter the amount of BTC you wish to sell.
  4. Enter your receiving transfer online contact details in the message box and other details for the buyer to see.
  5. Click on “Send Trade Request” button.

When the buyer makes the payment and clicks on “Mark payment complete” button, the required amount of bitcoins will permanently be reserved in the escrow. From that point, the deal can no longer be automatically cancelled.

How to sell bitcoins - localbitcoins

  1. Enter the amount of BTC you wish to sell.
  2. Enter your receiving transfer online contact details in the message box and other details for the buyer to see.
  3. Click on “Send Trade Request” button.

When the buyer makes the payment and clicks on “Mark payment complete” button, the required amount of bitcoins will permanently be reserved in the escrow. From that point, the deal can no longer be automatically cancelled.

After you confirm the payment that has arrived on your account, you will need to release the bitcoins.

Sell Your Bitcoins Now

Check Also

how to buy bitcoins 2 - localbitcoins

How to Buy Bitcoins

In this post, we will guide you on how to buy bitcoins from LOCAL BITCOINS website, a major bitcoin …