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How to Sell BTC, USDT, and Other Cryptocurrencies to Fiat
How to Sell BTC, USDT, and Other Cryptocurrencies to Fiat
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Written by Azasend
Updated over a week ago

BTC, USDT, and many other cryptocurrencies can be sold directly to fiat through various methods.

📌 Most popular ways to sell crypto safely and conveniently to fiat currency👇👇👇

1. Trading on P2P Exchanges

P2P exchanges connect buyers and sellers directly through an intermediary platform. Users can make payments using various methods such as bank transfers or e-wallets.

1.1. Advantages:

  • Competitive trading prices.

  • Supports multiple payment methods.

1.2. Disadvantages:

  • Risk of disputes and fraud.

  • Requires waiting time for transaction confirmation.

  • Dependent on buyers/sellers, which may take time to find a suitable trading partner.

2. Direct OTC (Over The Counter) Trading

OTC trading allows users to buy and sell BTC, USDT, and other cryptocurrencies directly with individuals or institutions without using an exchange. This method is flexible and enables users to negotiate better prices.

2.1. Advantages:

  • Flexible, not restricted by exchange prices.

  • Ability to negotiate better rates.

  • Suitable for large-volume transactions.

2.2. Disadvantages:

  • High risk of fraud if there is no trusted intermediary.

  • Users must find reputable trading partners for safe transactions.

  • No protection mechanism for buyers or sellers in case of disputes.

3. Trading via Physical Crypto ATMs

Physical Crypto ATMs are automated machines that allow users to buy or sell BTC, USDT, and other cryptocurrencies using cash or bank cards.

3.1. Advantages:

  • Convenient and easy to use.

  • No need to find a trading partner.

  • Transactions are processed quickly.

3.2. Disadvantages:

  • Transaction fees are usually higher compared to other methods.

  • Users must visit the ATM location to complete transactions.

  • Crypto ATMs are not available in all areas.

4. Azasend – A New Experience in Crypto- Fiat Trading

Azasend allows users to sell BTC, USDT, and 50+ cryptocurrencies/fiat currencies through an automated system without any third-party involvement.

Why is Azasend Outstanding?

  • Fast transactions with little to no waiting time.

  • No risk of disputes - no middlemen, all trades are executed automatically by the seamless system.

  • Only phone verification to start.

  • Flexible payment options with a wide range of supported banks.

  • Transparent exchange rates, independent of other buyers/sellers.

  • Withdraw NGN to any bank account

5. Conclusion

Method

Azasend

P2P Trading

OTC Trading

Crypto ATM

Transaction Speed

Fast

Moderate

Fast

Fast

Security

High

Moderate

Low

High

Dispute Risk

No disputes

High, potential scams

Very high, no intermediary

No disputes

Each crypto trading method has its own advantages and disadvantages, catering to different user needs. If you prioritize competitive pricing and diverse payment methods, P2P exchanges are a suitable choice, but they come with risks of disputes and waiting times for transaction confirmation. OTC trading offers flexibility, especially for large volumes, but users must find reputable partners to avoid fraud risks. Physical Crypto ATMs enable fast transactions without needing a trading partner, but they are limited by location and often have higher fees.

Meanwhile, Azasend provides an optimal experience with an automated trading system, eliminating the need for third parties while ensuring speed, security, and transparency. Depending on specific needs, users can choose the most suitable method to trade crypto conveniently and efficiently.

📌 Tip: Convert your assets to Naira in just 4 simple steps with Azasend. No Dispute 👇👇👇

1. Register or Log In

Sign up or log in to your account on the Azasend website/app.

2. Select a Trading Pair

Go to the Send page, choose the crypto-fiat or fiat-fiat pair you want to trade, and fill in the required details. Don’t forget to apply cash reward vouchers to get the best exchange rate!

You can also use AZA to pay for transaction fees.

📌 Note: If you have a Remitano account, you can connect your wallet and sell crypto directly. When selecting crypto, simply choose "Remitano Wallet" as your source.

3. Confirm the Transaction

Review the transaction details and confirm.

4. Complete the Transaction

In case you have not linked Remitano account with Azasend, the system will generate a deposit address for you to send your crypto to Azasend. You can transfer funds from a hot wallet, cold wallet, or exchange wallet.

Once the crypto transfer is completed, the funds will be instantly credited to the bank account provided in Step 2. All transactions are secure, with no disputes or risks.

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