Bitcoin selling guide
Before you start with Bittylicious
This assumes that you have some Bitcoins or other cryptocurrencies in your possession and wish to convert them into fiat, e.g. British pounds or Euros. It also assumes that you have the ability to immediately send these cryptocurrencies to us.
Note that we will refer to any sort of cryptocurrency offered as Bitcoin just to keep things easier.
Step 1 - What do you want to sell?
The first step is to turn Bittylicious into 'Sell' mode, and also to select what cryptocurrency you want to buy.
To do this, go to the main Bittylicious page and click on the Buy drop down box. When this opens, select Sell. You can also change the cryptocurrency you wish to sell by clicking on the Bitcoin drop down box and selecting an alternate cryptocurrency.
Step 2 -
Here, you need to enter all the details so that the buyer of your Bitcoins can pay you. In this example, we are assuming that you wish to be paid via bank transfers so you will need to enter the following details in each box:
- Name on your bank account
- Your sort code
- Your account number
Once all three piece of information have been entered, click Validate payment information.
Step 3 -
Now it's time to send the Bitcoins to us.
You are presented with a Bitcoin address (in blue) and a QR code, both of which correspond to the same Bitcoin account.
You should go to wherever your Bitcoins are currently stored, whether on a phone, web service or otherwise, and make sure that you send the correct amount of Bitcoins to this address. The process of sending Bitcoins varies depending on which service you are sending from.
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