How to sell bitcoin (BTC)

Sell bitcoin securely with Bitonic, the first bitcoin platform in the Netherlands. Send directly from your own wallet, or sell easily from within the Bitonic app. The choice is yours. Whether you're selling for yourself or on behalf of your business, creating an account is easy and only takes a few minutes.

How selling bitcoin works

Selling bitcoin through Bitonic is fast, secure, and straightforward. Whether your bitcoin is stored in the Bitonic app or in your own wallet. We recommend selling via the Bitonic app for the best experience. It’s quick, user-friendly, and your funds are immediately available. Payouts to your bank account are usually processed instantly, depending on your bank.

People sell bitcoin for different reasons: to take profits, cover expenses, rebalance their portfolio, or because the bitcoin price has gone up. Whatever your reason, Bitonic offers the tools and reliability to convert your bitcoin into euros with confidence.

You decide how much bitcoin to sell, and will instantly see an estimated payout in euros based on the current bitcoin price. Everything is transparent, from the exchange rate to the final confirmation.

What you need to get started

To sell bitcoin through Bitonic, you need a verified Bitonic account and a bank account (IBAN) in your name. Verification is only required once and takes just a few minutes.

We ask for some basic personal information and a valid ID (such as a passport or ID card). This is required under Dutch regulations and helps ensure a secure and compliant trading environment.

Selling bitcoin with Bitonic (2 options)

You can sell bitcoin via:

The Bitonic app: Sell directly from your Bitonic account, or deposit bitcoin first
Bitonic Instant: Sell directly from your own hardware, mobile, or desktop wallet

1. Sell bitcoin using the Bitonic App

Already have bitcoin in your Bitonic account? You can sell it right away using the app. If not, deposit bitcoin first via ‘Deposit’ → ‘Bitcoin’, scan the QR code or copy the address, and send bitcoin from your wallet.

Then follow these steps:

Go to ‘Trade’ and select ‘Sell’
Enter the amount (in bitcoin or euros)
Confirm the sale
Go to ‘Withdraw’ and select the bank account for the payout

Most payouts are processed instantly, depending on your bank.

2. Sell from your own wallet via Bitonic Instant

Prefer to sell directly from your own wallet? Use Bitonic Instant to complete your sale in just a few simple steps:

Go to bitonic.nl/sell
Enter the amount you want to sell
Select ‘My own wallet’
Fill in your bitcoin address, email address, and IBAN
A unique bitcoin address will be shown
Send your bitcoin from your wallet to that address

Once your transaction is confirmed on the blockchain, we’ll transfer the euro amount to your bank account.

New to wallets? Check out our Bitcoin Wallet Guide for tips and setup instructions.

Selling bitcoin as a business or in larger amounts?

Businesses and high-net-worth individuals can also sell bitcoin easily via Bitonic.

Business account: Sell bitcoin on behalf of your company using a business account
OTC-desk: Selling large amounts (from €200,000)? Our Over-the-Counter (OTC)-desk offers personal service and competitive rates

Want to learn more or open a business account? Visit our business page or contact our customer support.

Why sell through Bitonic?

Dutch bitcoin pioneer since 2012
Fast payouts to your bank account
Transparent pricing, no hidden fees
Customer support via chat, email, or phone
Registered with De Nederlandsche Bank (DNB) as a crypto service provider

Whether you're selling once or regularly — Bitonic makes it simple and reliable to convert bitcoin to euros.

Bitonic App