wavelink is a tool that introduces a brand new concept of self-custodial Bitcoin exchange in Europe. It's a direct portal between your own Bitcoin wallet and your bank account, connecting them both ways.
In this particular guide, we will explain how to sell Bitcoin straight into Euros in your bank account. It only takes 1 block confirmation and a couple of clicks.
Pre-requisite: you should have an account on wave.space that is KYC verified. If you haven't signed up yet, you can do it here. Don't worry, it only takes a few minutes.
How to sell BTC: step-by-step guide
- Head to "Send" section, and choose "Sell to Bank".
- Enter the amount of BTC you want to sell (min 30€ worth). You can define the sell amount in either BTC or EUR - whichever is more convenient for you.
- Add your destination IBAN account. It should be a bank account that is in your name and is able to receive Euros.
- Deposit the shown BTC amount to a given address. As soon as your BTC deposit gets 1 confirmation on the network, we will exchange it into EUR, and send you an OTP code to your mobile to verify the transfer.
- Enter the mobile OTP code, and click "Confirm".
That's it! You should receive Euros in a couple of seconds through SEPA Instant.
Want to buy Bitcoin instead? Check out our guide on how to purchase Bitcoin straight into your self-custodial wallet.
If you have any questions or feedback, please join our Telegram group & chat with us!