Selling Bitcoin in Brazil is a straightforward process, especially if you use a trusted platform like Binance. Whether you want to cash out your profits or simply exchange your cryptocurrencies for real, Binance offers a variety of ways to sell Bitcoin safely and conveniently.
Below, we will explain, step by step, how you can sell your Bitcoins in Brazil using Binance.
Step 1: Create an Account on Binance
If you don't have a Binance account yet, the first step is to register. The process is quick and easy:
Go to the Binance website.
Click on "Sign Up" in the top right corner.
Enter your email and create a secure password.
After registration, confirm your email via the link sent to your inbox.
Identity verification (KYC) is essential to ensure security and unlock selling and withdrawal features on the platform. You will need to submit a copy of an ID document and prove your address. After that, wait for the platform's approval.
Step 2: Deposit your Bitcoins on Binance
If your Bitcoins are already on Binance, you can skip to the next step. However, if they are in an external wallet, you will need to transfer them to your Binance account.
In the main panel, go to "Wallet" > "Spot".
Click on "Deposit" and select the cryptocurrency "Bitcoin (BTC)".
Copy your Bitcoin wallet address provided by Binance.
Go to your external wallet, enter the copied address and send the Bitcoins to Binance.
Wait a few minutes for the transaction to be confirmed on the blockchain. Once validated, your Bitcoins will be available in your Binance account.
Step 3: Access the Sales Platform
Now that your Bitcoins are ready to sell, follow these steps:
In the Binance top menu, click "Buy Crypto" > "Sell".
You will be redirected to the cryptocurrency selling page. Here, select BTC as the cryptocurrency you wish to sell.
Choose the currency of sale: in the case of Brazil, BRL (Brazilian real).
Binance offers two main options for selling Bitcoin:
Direct Sale (Sale for BRL): Exchange your Bitcoins directly for real and withdraw them to your bank account.
P2P (Person to Person) Selling: Here you can negotiate with other users, setting your own price and payment method.
Step 4: Direct Sale of Bitcoin (For Reais)
The simplest and fastest option for Brazilian users is direct selling for BRL using Binance Converter. Here's how to do it:
Choose the amount of Bitcoin you want to sell.
Confirm the conversion rate and the value in real that you will receive for the sale.
Click on “Sell BTC” and confirm the transaction.
After confirmation, the balance in reals will be credited to your Binance account.
Step 5: P2P (Person to Person) Sale
Another alternative is P2P selling, where you trade directly with other Binance users. Here you can sell your Bitcoins and receive payment via bank transfer, Pix, or even other preferred payment methods. The process is as follows:
On the selling page, choose the P2P option.
Select BTC as the cryptocurrency and BRL as the receiving currency.
Choose a buyer from the list of available offers or create your own offer.
Define the amount of Bitcoin you want to sell and your preferred payment method.
After the buyer confirms payment, you will need to release the Bitcoins to him.
This option offers more flexibility in terms of payment methods and pricing. Additionally, Binance acts as an intermediary, ensuring that funds are only released after payment is confirmed.
Step 6: Withdraw your Reals to the Bank
Now that you have sold your Bitcoins and have a balance in real money on Binance, it is time to withdraw it to your bank account.
Go to your "Wallet" > "Fiat and Spot".
Click "Withdraw" and select BRL.
Choose the withdrawal method: bank transfer or Pix.
Enter your bank account details or Pix password and confirm the amount you wish to withdraw.
Binance will process the withdrawal, and within a few minutes the amount will be available in your account.
Final Tips for Selling Bitcoin in Brazil
Choose the best time to sell: The cryptocurrency market is known for its volatility, so it is important to be aware of the best times to sell.
Check transaction fees: Binance charges small fees for sell transactions, so always check the amounts before completing the trade.
Security first: Use two-factor authentication (2FA) and never share your login details.
Selling Bitcoin in Brazil with Binance is safe and fast, offering different methods so you can withdraw your investments the way you prefer.
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