Sell Bitcoin on Satoshily which is a popular bitcoin exchange platform, but what if you need to sell some of your bitcoins? There are several options out there to help you sell your bitcoins in an efficient and convenient manner, which we’ll discuss in detail below.
So without further ado, here are the 11 best alternatives to Satoshily when it comes to selling bitcoin!
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Electrum
For those who prefer a desktop wallet, Electrum is one of several options out there. It’s available for Windows, Mac, and Linux. You can even install it on your iPhone or Android device (though only if you don’t mind paying a bit extra). If you find yourself in need of customer support, Electrum offers an active forum community where you can get all your questions answered. Just make sure you know how to create and verify an Electrum wallet before sending any coins our way.
Paxful
If you are looking for a quick and private way to sell bitcoin, Paxful is a good bet. The platform will provide you with a wallet and escrow system that makes it easy for you to find buyers, then transfer bitcoin payments directly into your account. There’s also an advanced functionality for more experienced users. And if you don’t like Paxful’s terms of service, check out LocalBitcoins—the company offers alternative sites in various countries around the world.
Coinbase
Open and transparent, Coinbase is as simple as they come. It was founded in 2012 by Brian Armstrong and Fred Ehrsam, two of Silicon Valley’s bright minds. But behind its simplicity lies a secure, trusted exchange that facilitates hundreds of thousands of transactions per day. Its success has attracted top investors and customers alike (including companies like Overstock and Dell), but it still manages to operate with a humble team spread across San Francisco, Seattle, New York City, London, Tokyo, Paris, Dublin and Portland.
Bitcoin.com Local
If you’re looking for a quick way to sell bitcoin, look no further than your local exchange. Many retail locations and online exchanges offer convenient ways for customers to exchange their bitcoin, often with little or no fees. Read more here .
LocalBitcoins.com
The world’s oldest and most popular peer-to-peer Bitcoin exchange is called LocalBitcoins. This website provides a great opportunity for you to sell your bitcoins, privately and easily. If you want to sell more than $1,000 worth of Bitcoins, then I recommend using an escrow service like LocalBitcoins because it minimizes both buyer risk and seller risk.
Bisq (Bitsquare)
Bisq (formerly Bitsquare) is a peer-to-peer exchange that allows you to buy and sell cryptocurrencies in exchange for national currencies or alternative cryptocurrencies. Created by Manfred Karrer, Bisq uses Tor, multisig transactions, and a hierarchical-deterministic wallet. It also uses a decentralized bitcoin trading platform that offers private transactions between parties.
LocalCoinSwap
If you’re looking for an alternative way to sell your bitcoin (or altcoins), LocalCoinSwap is a cryptocurrency exchange that lets users buy and sell using one of several methods. They accept both bank transfers and credit cards. The platform offers private payment options, but also has limits on how much you can trade per day/week depending on your verification level.
Bitfinex
Launched in 2012, Bitfinex is one of the oldest and most popular cryptocurrency exchanges on which users can buy and sell bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP). In August 2016, Bitfinex was hacked and 119,756 BTC was stolen. The company quickly responded by distributing BFX tokens that corresponded to each user’s losses. As of July 2018, it is unclear whether users who bought tokens have received any form of compensation.
LocalCryptos
If you’re looking to sell your bitcoin but aren’t entirely sure where, here are some great alternatives to SatoshiLabs’ digital wallet. (Link: LocalCryptos) Satoshily is a slick and easy-to-use app that makes it easy for you to buy and sell bitcoins on your mobile device—and it’s also one of our favorite places to trade cryptocurrency online. But if for whatever reason you can’t use Satoshily, there are plenty of other options out there for trading in crypto online.
LocalMonero
Selling bitcoins on sites like LocalBitcoins, Paxful and BitQuick will result in higher fees. Fortunately, there are other options for selling bitcoin. One of these options is LocalMonero, a site that only allows you to sell your bitcoin for Monero. There’s also Bisq (which we’ll talk about shortly) and SatoshisMarket, another site that only allows you to trade between different cryptocurrencies.
Summery
In a hurry to sell your bitcoin, but worried about finding an anonymous way to do it? If so, you’re not alone. One of today’s biggest concerns in cryptocurrency is privacy and security, which can come into play when you sell off your bitcoins. Currently, there are three main platforms for selling bitcoin—Satoshily, LocalBitcoins, and Paxful.
