I'm quite puzzled about this issue: How do I sell crypto that's not listed on any exchange? I've been holding this particular cryptocurrency for quite some time, and now I'm looking to cash out. But I'm finding it challenging to locate a platform or service that allows me to do so. Could you please explain the process or suggest some alternative methods? Is there a specific marketplace or network where I can find buyers for my unlisted crypto? And what are the risks involved in such transactions? I'd really appreciate your insights on this matter.
6 answers
Stefano
Thu May 23 2024
Additionally, P2P transactions allow for greater privacy and anonymity, as they do not require disclosing personal information to a third-party exchange.
SapphireRider
Thu May 23 2024
Selling tokens that are not listed on an exchange is indeed feasible. This alternative route allows cryptocurrency holders to exercise greater flexibility in managing their assets.
TaekwondoMaster
Thu May 23 2024
One popular method for accomplishing this is through peer-to-peer (P2P) transactions. Such transactions eliminate the need for a centralized exchange, enabling direct interactions between buyers and sellers.
emma_grayson_journalist
Thu May 23 2024
Among the various platforms facilitating P2P transactions, BTCC stands out as a notable option. This UK-based cryptocurrency exchange offers a comprehensive suite of services, including spot trading, futures trading, and wallet storage.
CryptoAlchemy
Thu May 23 2024
In a P2P transaction, sellers can advertise their tokens and set their desired price. Potential buyers can then browse these offerings and choose to purchase directly from the seller.