How to sell the Bitcoins you have? Tutorial on how to sell Bitcoin on Eureka Exchange

Bitcoin is a highly liquid digital asset. There are multiple exchanges and venues around the world that can be bought and sold. This means that Bitcoin can be traded 24 hours a day, and investing in Bitcoin The currency threshold is very low. Based on this feature, many investors will buy Bitcoin and then sell it at the right time. But for many novices who are new to Bitcoin, how do they sell the Bitcoins they have? It is still a troublesome thing. At present, the most convenient way is to do it in the exchange. The editor will explain it in detail below.

How to sell the Bitcoins you have?

Selling the Bitcoins in your hand is relatively simple. It is mainly done in exchanges, such as Eureka, Binance, etc. The following is a tutorial on selling Bitcoins on the Eureka exchange:

1. Open the official website of OKX Exchange (click here to register), enter your email address on the homepage, and click "Register"

2. Slide the slider to the right , complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes

3. Then enter your mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on your mobile phone. The validity period is also 10 minutes.

5. Select your country/region of residence, check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. The length of the password required to create a password must be 8-32 characters Characters, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ % and other conditions

7. After logging in to the account, Find the "User Center" icon on the homepage and enter the identity authentication page

8. Different levels of authentication can be performed according to different needs (note: video authentication needs to be operated on the APP)

9. Click "Transaction" on the homepage - "Coin" to enter the transaction page

10. Enter BTC in the search box, select the BTC/USDT trading pair, and you can see the real-time market price of BTC

11. Enter the amount of BTC to sell and click Sell BTC

Can Bitcoin be sold at any time?

Bitcoins can be sold at any time. Unlike traditional financial markets, the Bitcoin trading market is open 24 hours a day, which allows people to trade at any time. This means that, theoretically, Bitcoin can be bought and sold at any time. Users holding Bitcoin can choose the appropriate time point and trading platform to perform selling operations based on their own needs and market conditions.

Unlike traditional currencies, Bitcoin transactions are conducted through the blockchain network rather than through banks or other financial institutions. This means that anyone who owns Bitcoin can trade it to others, just like transferring digital assets. The Bitcoin trading process is relatively simple and quick, just select the sell option on the trading platform or digital wallet and complete the transaction confirmation.

The selling price of Bitcoin will be affected by market supply, demand and liquidity. Like other commodities, the price of Bitcoin fluctuates in the market. If there are many sellers and relatively few buyers, the value of Bitcoin may decrease; conversely, if there are many buyers and relatively few sellers, the value of Bitcoin may increase. Therefore, market conditions and competition need to be considered when deciding at what price to sell Bitcoin.

Since Bitcoin transactions are verified and confirmed through the blockchain, this process may take some time to complete. Especially when the transaction volume on the trading platform is large and the network is congested, the transaction confirmation time may be extended. Therefore, when conducting Bitcoin transactions, the processing time of the trading platform also needs to be taken into consideration.

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