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How to sell Grayscale Bitcoin Trust (GBTC) via a crypto wallet

Updated on: 2024-12-25 16:34:01(UTC+0)
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Note: Grayscale Bitcoin Trust is not yet listed for trading or other services on the Bitget exchange. Bitget Wallet supports on-chain transactions for cryptocurrencies across multiple blockchains. You can sell Grayscale Bitcoin Trust via Bitget Wallet.
In this tutorial, we will discuss:
1
Where and how to sell Grayscale Bitcoin Trust via a crypto wallet
2
How to withdraw Grayscale Bitcoin Trust with Bitget's hassle-free withdrawal process

Where and how to sell Grayscale Bitcoin Trust via a crypto wallet

Investing in Grayscale Bitcoin Trust has never been easier. This is a widely adopted method to sell Grayscale Bitcoin Trust. Here's a step-by-step guide on how to sell Grayscale Bitcoin Trust on Bitget Wallet.

Step-by-step guide

Step 1: Download Bitget Wallet

Eyeing a token not yet listed on Bitget? Here's a step-by-step guide on how you can buy Grayscale Bitcoin Trust on Bitget Wallet. Simply download the Bitget Wallet Chrome extension on your PC, or get the Bitget Wallet app on Google Play or the Apple Store!

Step 2: Create a Grayscale Bitcoin Trust wallet

Already installed Bitget Wallet? Jump right in and select "Create a Wallet" to get started.
Click "Wallet" on the homepage and select a mainnet that supports GBTC from the list in the upper right corner. You have successfully created a Web3 wallet for GBTC!

Step 3: Swap Grayscale Bitcoin Trust in your crypto wallet

If you already have GBTC in your crypto wallet (such as Bitget Wallet), you can easily swap them for other tokens (such as USDT or BTC) on the DEX trading platform within Bitget Wallet.

Step 4: Withdrawing P2P available tokens from your crypto wallet to Bitget

If you already have tokens (i.e. USDT, BTC) available on the Bitget P2P trading platform in your wallet, you can easily deposit these assets into your Bitget account.
Go to the Deposit page, and select the coin and the blockchain network (e.g., ERC20, TRC20, BTC, BEP20).
After selecting your preferred coin and network, an address and a QR code will be generated. You can use either one of these methods to initiate the deposit.
  • Ensure the blockchain network you select matches the withdrawal platform, as using the incorrect network can result in the irreversible loss of assets.
  • Proceed with transferring your crypto from your external wallet by confirming the withdrawal details and sending it to your Bitget account address.
  • Deposits require a certain number of confirmations on the network before they appear in your account.

Step 5: Place an order for Grayscale Bitcoin Trust on P2P Market

Make P2P trades with 0 fees: With Bitget P2P, you can sell crypto using over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the buyer, and receive your fiat currency.

How to withdraw Grayscale Bitcoin Trust with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient ways to cash out your Grayscale Bitcoin Trust or other cryptocurrencies, and Bitget stands out as an excellent choice. With its intuitive Buy/Sell buttons, Bitget simplifies the process, allowing you to easily select the cryptocurrency you want to sell and specify the amount.
When it comes to withdrawing the Grayscale Bitcoin Trust you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast processing within 24 hours, ensuring your funds are readily available.

FAQs about selling Grayscale Bitcoin Trust (GBTC) via Bitget

Why sell Grayscale Bitcoin Trust?

What are the fees for selling crypto with Bitget P2P markets?

As a crypto P2P seller, how am I protected?

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Cryptocurrency investment activities, including selling Grayscale Bitcoin Trust online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to sell Grayscale Bitcoin Trust instantly, and we strive to fully inform our users about each cryptocurrency we offer on our exchange. However, we are not responsible for any outcomes arising from your Grayscale Bitcoin Trust sale. This page, and the information within it, is not intended to be an endorsement of any specific cryptocurrency or acquisition method.