Cryptocurrency Q&A
Who pays you when you sell Bitcoin?
Who pays you when you sell Bitcoin?
KatieAnderson
Sat May 11 2024
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6 answers
1380
I'm just curious, who actually pays you when you decide to sell your Bitcoin? Is it an individual buyer? Or is it some sort of exchange platform? I've been hearing about Bitcoin for a while now, but I'm still a bit hazy on the practicalities of it. I mean, when you sell your coins, how does the money actually get to you? Is it a direct transfer? Or does it go through some intermediary? I'd really appreciate it if you could break it down for me, step by step. I'm just trying to get a better understanding of the whole process.
6 answers
Eleonora
Mon May 13 2024
The exchange of Bitcoin cash for money occurs through a designated platform.
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CryptoPioneerGuard
Mon May 13 2024
These exchanges facilitate buying and selling orders placed by users.
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Sara
Mon May 13 2024
Selling Bitcoin cash involves a transaction between two parties.
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SamsungSpark
Mon May 13 2024
BTCC is a prominent UK-based cryptocurrency exchange.
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Caterina
Mon May 13 2024
When you decide to sell, someone else is interested in buying.
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