Hi,
This is a quick guide for how to sell bitcoin. You will require beforehand:
1) A wallet with bitcoin in it (more than 0.1 btc as that's our minimum)
2) A bank account we can pay into, or a Paypal account we can pay into
3) Some patience - as confirmations are necessary before we can transfer funds
No ID is required for selling unless you send more than £1500 per day.
Go to our Sell Bitcoins page after creating a quick user account on CoinCut.com
1) Choose the amount of bitcoins you are going to send us (above 0.1 btc) - our system will specify the payment amount
2) Choose how you want to be paid
3) Type in your details
4) Click "Next Step"
5) We provide you with a unique, one-time bitcoin address, which can be used to send us the amount you mentioned before. This is only valid for 30 minutes, so please have the bitcoins ready before viewing the first page.
6) Follow the instructions given and send your bitcoins manually from your wallet to our address given.
7) Once done, click the "Bitcoins Sent" button.
8) Wait for your payment - how long this takes will vary depending on when we receive the bitcoins confirmed in our wallet.
9) Our bank can take a little while to transfer - Faster Payments requires up to 2 hours usually, but it can depend on how fast our bank is to process the payment as well. We have hundreds of payments issued though, so we're ultimately extremely reliable and we have tonnes of great feedback.
That's it! You're done! Easy.