Where does my money go when I sell crypto?

Selling cryptocurrency typically involves transacting on a marketplace or through a cryptocurrency exchange. This process ensures a seamless and efficient way to convert digital assets into fiat currency or other cryptocurrencies.

BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of both novice and experienced traders. Its platform supports spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

In addition to spot trading, BTCC also provides futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. This feature adds an element of complexity and potential profit to the trading experience.

Once the decision to sell is made, funds are transferred to the marketplace's designated wallet. This secure storage solution ensures the safety of the assets during the transaction process.

Furthermore, BTCC offers a secure wallet service that enables users to store their cryptocurrencies offline, protecting them from potential online threats. This service is crucial for ensuring the safety and security of digital assets.