<p>I have no idea about bitstamp. The service I use is <a href="https://www.solidi.co/" rel="nofollow noreferrer">https://www.solidi.co/</a> You can simply create an account there, transfer your bitcoins in and sell them. You should do some research about which sites give the best price etc., but generally it's that simple. I've used solidi.co in the past without problems.</p>

CC BY-SA 3.0
2017-08-22T08:26:59.873Z
2017-08-22T08:26:59.873Z
Dan Bolser
<p>No worries, selling Bitcoin for GBP is a common process, and it’s great that you already have a Bitstamp account. Here's how you can do it:</p>
<p>Transfer Bitcoin to Bitstamp:
Since your Bitcoin is in a Blockchain wallet and Bitstamp is your exchange, the first step is to transfer your Bitcoin from the Blockchain wallet to your Bitstamp account. To do this:</p>
<p>Log in to your Bitstamp account.
Go to the &quot;Deposit&quot; section and select &quot;Bitcoin.&quot;
Copy your Bitcoin deposit address from Bitstamp and paste it into the &quot;Send&quot; field of your Blockchain wallet.
Confirm the transfer, and your Bitcoin should appear in your Bitstamp account within a short time.
Sell Bitcoin for GBP:
Once your Bitcoin is in your Bitstamp account, you can sell it for GBP:</p>
<p>Go to the &quot;Trade&quot; section of Bitstamp.
Select Bitcoin (BTC) and GBP (British Pound) as the trading pair.
Enter the amount of Bitcoin you want to sell and execute the trade.
Withdraw GBP to Your Bank Account:
After selling your Bitcoin for GBP, you can withdraw the funds to your bank account:</p>
<p>Go to the &quot;Withdraw&quot; section in Bitstamp and select &quot;GBP.&quot;
Enter your bank account details and the amount you wish to withdraw.
Confirm the withdrawal, and your funds should be transferred to your bank within a few days.
A Few Pointers:
Fees: Bitstamp may charge fees for trading and withdrawals, so make sure to check their fee structure.
Blockchain Wallet: You need the Blockchain wallet to store your Bitcoin initially, but you don’t need to use it when selling. Bitstamp will handle the exchange and withdrawal to GBP.
If you're looking for an even easier way to sell Pi Coin or Bitcoin, feel free to check out <a href="https://sellpicoininstant.com/" rel="nofollow noreferrer">Sell Pi Coin Instant</a> for quick and hassle-free transactions.</p>
<p>This process should help you turn your Bitcoin into GBP and get that kitchen makeover! Let me know if you need more guidance!</p>

CC BY-SA 4.0
2024-11-30T13:53:04.067Z
2024-11-30T13:53:04.067Z
Shani Shah
<p>I'm a bit of a dunce and just not getting it - I was persuaded to buy a bitcoin a few years ago and would now like to sell the thing to do up my kitchen. I have a bitstamp account and a blockchain wallet, but can't figure out for the life of me how to get my coin into my bank account as GBP - do I need the blockchain wallet, or should I/can I do it direct from bitstamp?</p>

<p>I'd really appreciate some pointers. TIA.</p>

<sell-bitcoins><bitstamp>
How can I sell Bitcoin for GBP?
Christo
# How can I sell Bitcoin for GBP?

(Asked by: username_0 on 2017-08-21)

I'm a bit of a dunce and just not getting it - I was persuaded to buy a bitcoin a few years ago and would now like to sell the thing to do up my kitchen. I have a bitstamp account and a blockchain wallet, but can't figure out for the life of me how to get my coin into my bank account as GBP - do I need the blockchain wallet, or should I/can I do it direct from bitstamp?

I'd really appreciate some pointers. TIA.

**Tags:** sell-bitcoins, bitstamp


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## 2 answers

### Answer by username_1 on 2017-08-22. Score: 0

I have no idea about bitstamp. The service I use is <https://www.solidi.co/> You can simply create an account there, transfer your bitcoins in and sell them. You should do some research about which sites give the best price etc., but generally it's that simple. I've used solidi.co in the past without problems.


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### Answer by username_2 on 2024-11-30. Score: 0

No worries, selling Bitcoin for GBP is a common process, and it’s great that you already have a Bitstamp account. Here's how you can do it:

Transfer Bitcoin to Bitstamp:
Since your Bitcoin is in a Blockchain wallet and Bitstamp is your exchange, the first step is to transfer your Bitcoin from the Blockchain wallet to your Bitstamp account. To do this:

Log in to your Bitstamp account.
Go to the "Deposit" section and select "Bitcoin."
Copy your Bitcoin deposit address from Bitstamp and paste it into the "Send" field of your Blockchain wallet.
Confirm the transfer, and your Bitcoin should appear in your Bitstamp account within a short time.
Sell Bitcoin for GBP:
Once your Bitcoin is in your Bitstamp account, you can sell it for GBP:

Go to the "Trade" section of Bitstamp.
Select Bitcoin (BTC) and GBP (British Pound) as the trading pair.
Enter the amount of Bitcoin you want to sell and execute the trade.
Withdraw GBP to Your Bank Account:
After selling your Bitcoin for GBP, you can withdraw the funds to your bank account:

Go to the "Withdraw" section in Bitstamp and select "GBP."
Enter your bank account details and the amount you wish to withdraw.
Confirm the withdrawal, and your funds should be transferred to your bank within a few days.
A Few Pointers:
Fees: Bitstamp may charge fees for trading and withdrawals, so make sure to check their fee structure.
Blockchain Wallet: You need the Blockchain wallet to store your Bitcoin initially, but you don’t need to use it when selling. Bitstamp will handle the exchange and withdrawal to GBP.
If you're looking for an even easier way to sell Pi Coin or Bitcoin, feel free to check out [Sell Pi Coin Instant](https://sellpicoininstant.com/) for quick and hassle-free transactions.

This process should help you turn your Bitcoin into GBP and get that kitchen makeover! Let me know if you need more guidance!


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