Now that you know how to buy Bitcoin for GBP, let’s take a look at how to sell Bitcoin for GBP. Crypto trading can be a lucrative endeavour, so whether you’re looking to make a sizable profit or you’re just looking to cash out some of your BTC gains, look no further than your trusted Tap app. With our innovative smart trade technology you can rest assured knowing that you are always getting the best rates that the market currently has to offer.
Assuming that you already have downloaded the Tap app (from the Apple Store or Google Play Store), registered an account and accumulated BTC through the platform head to step 1. If not, you will need to download the app relevant to your device, open an account and complete a simple KYC procedure. This shouldn’t take long however you will need to ensure that all information provided is correct and as per your identity document. This is standard practice for any reputable exchange. When you are ready, move forward to Step 1.
From the homescreen of the app select the menu icon (three horizontal lines) in the bottom right hand corner. You will be directed to the Trades page, from where you can select Sell/Exchange (as pictured below).
n order to move forward you will need to have BTC in your Tap wallet already. You can easily buy or transfer Bitcoin to your Tap wallet by selecting the Add Money option on the homepage. The process is simple and takes only a few minutes. Once the funds have been deposited, you will be able to see this indicated under the Assets heading and the Crypto wallet. When they’re there, head to step 2.
From the Sell Crypto page, select the Bitcoin option. You will be directed to the Sell Bitcoin page from where you can select the Pound Sterling option in the currency space. Enter the amount of BTC you would like to sell and check the amount that will be paid out. Note that the minimum amount of BTC you can sell through the Tap app is 0.002 BTC. You will also need to enter an amount of Bitcoin that you currently have in your wallet. When you’re ready, select Confirm Trade.
In order to confirm the sell order you will need to verify your personal information, as per regulatory rules surrounding all crypto exchanges. Once you have confirmed this information your transaction will be processed.
When the transaction has been executed you will be notified via email and the GBP will be deposited into your fiat GPB wallet. To access this, head back to the home page and see under Assets, and Cash. Once the funds have cleared you can either withdraw them to your GBP bank account, or use the funds to buy other cryptocurrencies on the platform.
Now that you know how to sell Bitcoin for GBP you can do (almost) anything! Congratulations on successfully tapping into the future with the Tap app and the future of money. Buying, selling and spending crypto is made easy with Tap’s revolutionary app, smart trade technology, and the soon to be released Tap Prepaid Crypto Card. You can sign up for one today and get ready to spend your crypto on the high street.
It's only a few taps away.