The cryptocurrency market and the surrounding community are young, fast-paced, and sometimes abrupt. In this shakily developing financial realm, it is crucial to be alert and proactive, selling cryptocurrency fast—before it is too late. Whether to cash out a successful trade or react to a market hype outburst, you need a reliable way of selling and buying cryptocurrency.
With KvaPay, this process is as streamlined as possible, and we are here today to walk you through the steps to sell crypto.
Choose the right cryptocurrency to sell
If you hold multiple cryptocurrencies, it is essential to determine what you want to get from a sell order. Market conditions differ for various symbols, and some parameters—such as a currency's liquidity—are critical for a successful transaction.
For faster transactions with lower risks of price slippage, choose highly liquid cryptocurrencies in high demand and trading volumes.
Select a reliable exchange
To sell cryptocurrency quickly, you need an exchange that is easy to use, doesn’t suffer from frequent outages, and is protected against hacks and fraudulent attacks. KvaPay is the exchange that combines all these qualities while remaining easily accessible to any user.
KvaPay provides a stable cryptocurrency swapping experience, allowing you to sell crypto in exchange for fiat EUR or CZK. You can also withdraw funds in any currency, crypto or fiat, including cash withdrawals with the Kvakomat network.
Log in and verify your account
Before buying and selling crypto, you must create a KvaPay account and pass the KYC procedure (Know Your Customer). This is needed to secure your account. Here are the steps to create your KvaPay wallet:
- Go to https://app.kvapay.com/register
- Enter your email address and password. Use a complex password (uppercase and lowercase letters, numbers, and special symbols). Don’t use easily guessed phrases.
- We sent you an email. Activate your account via the link there.
- You can log in now.
- Begin the KYC process. Click “verify now” on the main page and choose between “Personal” and “Business.” Let’s pick the personal.
- Enter your phone number.
- Enter the code you received to confirm your number.
- Upload your ID and other requested documents.
- Finalize with depositing money through a SEPA/SWIFT transfer.
- Your account is verified.
Deposit cryptocurrency
Although we described only the SEPA/SWIFT transfer deposit, cryptocurrency deposits are also available.
Go to the Deposit page and select the Crypto tab.
Then, from the dropdown menu, select the cryptocurrency you possess and wish to sell. The website will show you the wallet number to which you need to transfer the crypto.
When you complete the transfer, wait for the crypto to arrive. It usually takes under 10 minutes.
Place your sell order
Now, as you have completed your deposit, you can sell crypto. Go to the Exchange page.
On the Exchange page, you will see the From and To menus. Select the symbol you want to sell and the currency you wish to receive in exchange. If you wish to withdraw further in cash or via bank transfer, select EUR or CZK.
When you enter an amount you wish to sell, the system will show you the exchange rate and the sum you get in your destination symbol. If the rate is to your liking, click Exchange. You will immediately see the confirmation screen.
Congratulations! You have successfully sold crypto.
Withdraw your fiat funds
There are two ways of withdrawing fiat funds with KvaPay: you can transfer funds to your bank account with SWIFT/SEPA transfer or send them to one of Kvakomats and get the cash there.
Bank transfer
To withdraw to your bank account, go to the Withdraw page and select “Send to bank” in the withdrawal options. Then, select the currency (Euro or Czech Koruna), enter the amount, and, finally, your bank account number.
ATM withdrawal
To withdraw from one of the Kvakomats, go to the Withdraw page. Select “Withdraw cash at ATM,” select the currency and the ATM you want to withdraw from, and then enter the amount you wish to receive. To find an ATM near you, check the ATM map. Send the money to the ATM and get the cash at the ATM.
Conclusion
Urgent sale of cryptocurrency doesn’t have to be complicated. With KvaPay, you can sell crypto quickly, securely, and with minimal fees. Read our Blog and Medium page to learn more about KvaPay’s comprehensive cryptocurrency toolset.
Tags:
Share: