Just 4 days ago, i wrote about how to buy Bitcoin Cash easily in Nigeria and Africa as a whole. Especially Nigeria, the difficulty we face in buying and selling crypto is so much that even banks are looking for whom to devour or close his/her account, but with the way of peer to peer,things have become a lot easier and much accessible. A lot of Nigerians so to speak are still having fear in investing in crypto due to the Federal Government news on banning cryptocurrency trading, but the advent and introduction of peer to peer by different exchange platforms has made it a lot easier for lots of us.
So i thought i should let others too know how to make some withdrawal of their BCH earning via peer to peer, which is as easy as anything, I'm going to be using binance app to explain because that's what i use as well and has been working for me perfectly well, you might as well find any other exchange which might be working for you, but in this article, we'll be using binance for better explanation
and below are the step by step on how to sell your BCH should in case the need arises.
Click on Trade Tab;
The first you will do is click on the trade tab below and this would pop up, originally it brings the buy (green), which means if you are willing to buy, you can click and adjust the amount you want to buy then click buy, but as for selling, you click the sell beside the buy.
Click the sell;
After the clicking the sell button, this is what comes up, asking you to input the amount of BCH/USDT you want to sell. You have to be very careful when doing this because once done, it can't be reversed, of course we are in the world of crypto, so you need to be extra careful when about to sell.
Click on P2P;
P2p as said earlier means "Peer to Peer" and the transaction always takes place from person to person via the exchange app to buy or sell your crypto for money. The p2p is right at the top right corner as seen in the picture below, note that you click p2p after selling your BCH to USDT, because you can only sell your local currency or stable coin for money.
sell page;
Once you click on sell, this page appears up, you are almost at the final stage, this is asking to to chose any seller/merchant or agent to sell your crypto to. This shows how much they can sell 1 usdt to you in local currency and the limit amount to sell out, you can chose from various sellers based on your choice or interest, then click the sell button with the red color, then you are ready to sell.
Sell the BCH;
This is almost the final stage to selling your BitcoinCash, after choosing the seller with your maximum usdt you have,then follow the arrow in the last picture.
Enter the quantity of USDT you want to sell , then select payment payment you want and the page will pop up where you will be asked either binance profile with or bank transfer. After completing the criteria, sell the USDT button and expect a notification to confirm if you are the one actually sending.
Thank you for reading, hope you learn few things? You can be a sponsor too.
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Twitter.com/kenniekingBCH
For the sell button, what does limit, market price means? Which is the best to choose when trading our crypto just the way you wanna sell your bch/usdt?