Exchanges
Exchanges are a good solution for trading Bitcoins. First, set up an account with an exchange which meets your criteria. Majority of top exchanges ask for complete identity verification. Also, a connected bank account so that you can withdraw your funds. If your bitcoin is in personal cold wallet transfer it to exchange wallet.
You just need to go to -> market place of your exchange. Place a ‘sell’ offer and provide the type of currency you wish to sell. Its amount and your asking price per unit. The exchange will help you complete the transaction once someone matches your offer.
After the transaction is done successfully, the funds are credited in your account. Then you need to transfer them to your connected bank account.
Moreover, It is important to check the fee you need to pay in order to use some exchanges.
Also, most of the exchanges will have a limit on the amount of money you can store. The limit will increase over time if you are a consistent trader in a particular exchange.
Learn More : https://coinpedia.org/beginners-guide/how-to-sell-bitcoin/
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