You can sell bitcoin on all of the same exchanges and services that you can buy it from. And though the sale transaction may take just a few seconds, it will likely take considerably more time to actually withdraw the proceeds of that sale from your bitcoin wallet into your bank account. When I sold some bitcoin on Coinbase in early December and then immediately initiated a deposit into my bank account, it took a full week for the money to land there. There are other cryptocurrencies that pride themselves on faster transaction and deposit times. We’ll take a look at some of the other major currencies, and how they stack up, later in this series. How do I keep my bitcoin safe? Hardware wallets are the most secure way to store your bitcoin. Trezor If you’re trading lower amounts, it’s probably OK to use the wallet provided by your exchange or another software wallet (and there are plenty to choose from). If you’re going big, you almost certainly want a hardware wallet, of which there are a number of complicated, encryption-related options. We’ll take a look at the pros and cons of each of these options in a future article. In the meantime, bitcoin.org provides some good introductory information. 70141
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