Undeniably, every solid and respectable online cryptocurrency exchange service operator should focus on seamless and impeccable service provision with a bundle of useful features and a rich crypto portfolio. Both average crypto enthusiasts and seasoned institutional traders seek easy entry and exit points concerning crypto exchange operations. Here, support for all exchange directions (buy, sell, and swap) is the defining factor in choosing a reputable crypto exchange.
However, the crypto sale direction is very scarce, and very few crypto exchange operators are ready to render such a service provision. However, Switchere is a full-featured fintech firm and has made the crypto sale feature available to all registered platform users. Let us provide a step-by-step guide on how Switchere users can sell crypto to EUR by using online EU SEPA bank transfers.
1. Access your Switchere account.
For all existing Switchere users, please log in to your account by following this link.
If you have not registered with Switchere yet, feel free to check out our step-by-step registration guide.
2. Once it is done, you can manage all crypto exchange operations in your personal cabinet.
3. Tap the Buy / Sell icon and proceed with the wizard steps.
4. Select the cryptocurrency (the ‘You send’ field) among those supported at Switchere (BTC, for example) that you opt to sell, specify EUR (Bank Transfer EU SEPA) in the ‘You get’ field, enter the amount you want to convert, check the commission details and press ‘Sell BTC.’
5. Next, you will be requested to enter your SEPA account details. Please become familiar with the requirements and fill out the required fields.
6. Double-check the correctness of the input data, tick the checkbox, and tap ‘Sell.’
7. This is it. You will see a crypto wallet address for transferring the required amount of crypto. Please note that you have 15 minutes to make a transfer and complete your order payment. Once it is done, simply tap ‘I’ve Sent Funds.’
8. Once it is done and the transaction is confirmed, you will receive fiat to your SEPA bank account. As a rule, a standard SEPA bank transfer may take from a few hours up to 1 business day. You can monitor the status of your order in the Transactions tab.
Selling crypto via SEPA bank transfers is more suitable for large volume conversions, and after completing all verification tiers on the site, your user account spending limit is set to unlimited.
Conclusively, Switchere has managed to simplify the sale of crypto via SEPA bank transfers to the maximum, and the average order processing time does not exceed 1 day (whereas other competitors may process SEPA bank transfers from 3 to 5 days). Gain momentum and buy, sell, swap, store, and transfer all popular cryptocurrencies the way you want with Switchere!
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