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Covid-19 Takes Its Toll While Markethive Thrives

Covid-19 Takes Its Toll While Markethive Thrives

As the situation worsens with the Coronavirus on a global scale, we are promised unprecedented financial aid by governments, not to the big banks as was carried out in the GFC of 2008, but to the individuals of the population in many countries in order to stimulate the economy. President Trump announced a $1,200+ payout to each US citizen to help at this time of crisis. Other countries have pledged similar as a helping hand to individuals and communities to lessen the blow of financial hardship.

 Further handouts have been proposed in the coming months as authorities speculate there is no quick fix to this pandemic that has financially hit and devastated small businesses, the entertainment industry, hospitality, travel industry, and sporting codes and clubs, and the people who are either employed or use the services. The whole world is virtually in lockdown bringing devastating effects to the world economy. 


Uncertainty And Contingencies 

The W.H.O and “powers that be” confess they have never experienced anything like this. This is something very new and the dichotomy being although we are urged to isolate, now mandatory in many countries, the world is uniting on a virtual level to beat this critical situation. Some brick and mortar businesses may never recover and there’s an urgency to conduct their businesses solely online with logistics and delivery services being revamped to accommodate this new way of living.  

Rest assured we will see an end to this present catastrophic state of affairs, however, the world and how we do business will change. I like to think this is for the greater good and with the advancing technology, we have today with Blockchain, cryptocurrency and quantum computers that have the capacity to connect in every part of the world bring a more self-sovereign way of life, with the freedom and financial independence we all deserve. Markethive is the only company to date with this vision and Plan to integrate this monumental undertaking. 


Markethive Thrives Amid The Covid-19 Devastation

As the offline business world comes to a stand-still or collapses, Markethive thrives. Entrepreneurs know this is where we are heading. The only platform that offers every individual self-sovereignty with the opportunity to capitalize on the many different services and products Markethive is rolling out. Entrepreneur One will include every reseller program starting with the Banner Impressions Exchange, then the Press Release Exchange, The Boost Advertising, Video Advertising, in fact, every aspect of Markethive will be available to the Entrepreneur One Upgrades to run as their own businesses within Markethive. 

Markethive will not be selling those services to Markethivers. Only Entrepreneur One Associates will be able to sell them. Markethive only requires the $100 per month subscription from you. You are then allocated your portion of banner impressions, press releases, etc, to resell them to the Markethive community of which there will be millions. Keep in mind the number of E1 Upgrades is capped at 500.

This is on top of the 1/10th ILP (Incentivized Loan Program) you receive after 12 consecutive payments of your Entreprepreneur One Loyalty Program. This continues to accrue every year you are current, up to 10 years. This in itself will bring you huge dividends as the limit of ILPs is 1000.


In a recent interview, CEO of Markethive, Thomas Prendergast says,

“This is truly a god-given, spiritual concept that is brilliant, to create an entry-level program of $100 per month. As we expand Markethive Entrepreneurs become an authority to conduct their individual businesses and capitalize on the Markethive products and services. I, as the CEO of the company, is an Entrepreneur One upgrade just like the others and just join in with what they are doing and let Markethive be that foundation of equality. It’s a concept I don’t think anyone has even considered before.” 


With the advent of the stimulus package, the governments are doling out to every individual, the likelihood that the 500 Entrepreneur One Upgrades will be maxed out sooner than first expected as many Markethivers will make good use of the money by investing in their own future and financial security by upgrading to Entrepreneur One Level. So the Entrepreneur Two Loyalty Program is currently in the works which do not include the Banner Exchange or the 1/10th ILP. More about that in this article…


Markethive – A Force To Be Reckoned With

Our Alexa rank currently at 5,146 puts us in the top .0001% of the billions of websites on the internet. Markethive is in the cream of the crop of the most visited and active sites. Markethive is exponentially growing as people who join see the good it’s doing for the individual and opportunities it is creating, open to everyone. So we will expand into the millions, just like LinkedIn. 

But even as it stands now, Markethive is receiving more than 60 million page views per month! This is increasing daily. What does that mean for the Banner Impression Resellers?  Popular websites are selling impressions for up to $0.10 cents. But let’s just do the math and sell them for a penny, ($0.01 cent). The allocated amount of impressions for each Entrepreneur One will generate an income of $1,200 and of course, you can expect that to increase on a monthly basis. 

Once we have the Press Release Reseller program in place you’ll be able to sell Press Releases for $10,000 each. This is what digital news sites with an Alexa ranking doubling Markethive are selling for. The following on the various social media platforms also plays an important role. Markethive is also exponentially growing there too with a following into the 10s of thousands. The only way is up now.  

Entrepreneur upgrades will be given a set amount of press release slots each month to on-sell to anyone who wants to publish their story. As an Entrepreneur Upgrade, you will also be able to buy more should you need them from Markethive at a fraction of the cost you would sell them for.

Thomas Prendergast explains,

“The reason we’re doing this is so that you as the individual have all of these cottage industries so you can make money, You don’t have to go recruit anybody. This is not MLM or affiliate marketing, it’s a referral business which completely works differently and instead of us taking all the money from the banner impressions, press releases, etc, you are responsible for using the system, that’s why we give it away.”

He goes on to say, 

“There is a spirituality to this, I was given the instructions and the blueprints intuitively to build the system as powerful as this and to give it all away. Where I can make my money is selling the services Markethive represents, like banner advertising, press releases, broadcasting, etc. So designing it so that you get your share of our traffic, which you are responsible for helping us build, you pay us a flat rate by way of the Entrepreneur Loyalty Program and you sell Markehive’s services thereby making you a cottage industry, not an affiliate, not Multi-level marketing, and now not even a referral. This is a completely different animal which can literally mean a significant income for the rest of your life!” 


The ILP is another income stream, which as we move forward and introduce the Apprentice and Journeyman programs which are upgrades similar to LinkedIn, for prices similar to LinkedIn. Members will have a big advantage in Markethive for as little as $20 per month that millions of people will subscribe to as they see the benefits that Markethive offers.   



Markethive Projections – Realistic And Viable

Statistics show that 39% of LinkedIn users have upgraded to one of their paid memberships. They have just tipped 500 million members. So let’s be conservative and project only 20% of 10 million Markethive members which equates to 2 million upgrades to the Apprentice Membership at $20 per month = $40 million. 20% of $40 million for the ILP holders = $8 million, divided by 1000, (the maximum amount of ILPs) = $8,000 per month, per ILP. This equates to $800 per month for a 1/10th ILP.
As Thomas passionately states,

Do you guys not get this? This is legitimate! I know that you have probably never dealt with this before and someone being so generous. What’s wrong with being generous? There is nothing wrong with being generous! It’s not found very often in the world but those of you that know me, I’ve been doing this for over 20 years and this is what drives me! 

I am not a materialistic person, I do not have greed in my blood. I have decided if I’m going to be a success, you’re going to be a success. I will not build my success on the backs of your failures. I am going to build my success arm in arm with your success. I really hope that makes sense?”    

A Wrecking Ball

Just as President Trump is seen as a political wrecking ball in the eyes of some, as he tends to defy the political norm, it can be argued that he is not left or right, he’s an entrepreneur and a president for the people, the little guy. So too does Thomas Prendergast shine in a similar light, a mini wrecking ball, with a mandate to bring down and crush the ethos and inequality of MLM and replace it with a legitimate system where every single person succeeds.

Markethive has been in Beta for nearly 5 years, but here is the good news about it taking so long to build. It is very unlikely that a company will try to copy what Markethive has or is doing. Markethive is a massively huge project of all linear platforms along with its own financial ecosystem. As we gain more revenue with the first tipping point of 500 Entrepreneur One Upgrades, we accelerate a lot faster, the more traffic we have, the more services we can deliver along with the planned money-making machines exclusive to the Entrepreneur Loyalty programs. This just leverages the complete system to grow even faster and become more profitable for everyone. 


Markethive Is A GrassRoots Company

As Thomas says, we are grass-roots. Think of it as virtually impossible to put a fire out that is burning on 400 million acres at the same time. So once it gets going it consumes everything and that’s what Markethive is. Not just one person making trillions of dollars and the rest make nothing or lose, everyone has the opportunity to make money. Of course, the Entrepreneur Loyalty upgrades and who have invested in the ILPs stand to make a considerable income, plus members who are more active and using the system will definitely make more than someone who sits idle hoarding their 500 MHV they received upon joining Markethive. What you sow, so shall you reap. 

We are very close to launching our wallet and when we do, the number of coins given away as airdrops will be reduced because there will be a real need for it. The MHV coin becomes fungible, more valuable as the ecosystem’s viability and velocity increases. If you’re a marketer and want to take advantage of the huge traffic and exposure the Markethive platform offers, but not an Entrepreneur One, you will need and want the MHV to pay for its banner impressions and digital media services available from Markethive’s Entrepreneur One Associates. There will literally be millions of prospects coming into the system who are looking for what you are selling. 

In Closing

To sum it all up, although this invisible war has almost stopped the world in its tracks with millions of employees and businesses feeling the blow economically likened to the great depression of 1929, the online world of business and social media is sitting pretty as its the only way to communicate and transact while we are all isolating. 

Markethive is the one place where real earning capacity is alive and well right now and for the long term future for all. Right now we accumulate MHV, ready for the exchange and wallet to come into effect. The Entrepreneur One Loyalty Program is the whale that will take you to the next level giving you the ability to make an incredible income. 

This is perfect for the non-recruiter as your customers are already there as part of the Markethive community. It is also perfect for those who would rather just invest and reap the rewards of the interest payments with the Incentivized Loan Program (ILP). This in itself will provide a significant income. 

This is the genesis of a new world. The Coronavirus war will end one day, but the world will not return to the way we know it. Now more than ever we will be relying on technology and Web 3.0, so the safest and logical way to go to achieve financial freedom, peace of mind and self-sovereignty is online with a Blockchain driven Market Network that was divinely-inspired and will withstand and survive the perils the world is now facing. 

Remember, the ILPs are capped at 1000 and the Entrepreneur One Upgrade is limited to 500. There are a few left. What will you do with your Covid-19 Aid Package? 

Become an Entrepreneur One Reseller today and be the owner of your Cottage Industry Turnkey system at Markethive… https://markethive.com/upgrademe



ecosystem for entrepreneurs



Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept and move forward with enthusiasm to achieve their goals. 




COVID-19 Causes Bitcoin Value Drop to $4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market

COVID-19 Causes Bitcoin Value Drop to $4000 Starting a Zig-zag Action Could Set a Three Month Lateral Market

COVID-19 is making its way around the globe, so markets have been shedding value at a fast pace.

Bitcoin value is not immune to this as it has disrupted people’s normal activities which can include trading online. Bitcoin shines in that unlike cash and many fiat transactions everything can be done without handing over cards or exchanging paper/plastic money covered in germs. Contactless payment, send and receive without ever having to be face to face. Much fiat is also digital but still relies on cards, checks, and cash for the final exchange in many cases.

All markets are going to be volatile as the world goes towards finding out just how COVID-19 will affect people. This uncertainty along with people not being able to go to work in many cases will keep this trend going. It will continue until there is more information on the long-term effects on humanity.

Long-term Analysis

Trends dropped the price to the $4000 support level, as the distribution area settled above $7000 consolidating in the sell-off the range. After quotes and technical indicators synchronized, volatility should arise in a zig-zag pattern. Following Elliott Wave Theory, the action should bring values back up to $6500. As international trade gears back to normal business, external factors and news will bring a natural integration of Bitcoin into global portfolios as an accepted asset. On the other hand, when the bullish sentiment gets back, values would go lateral between $4500 and $6500. Continuing until halving happens in May.

Mid-term Analysis

After dropping to $4000 support levels, prices could balance as offer plus demand forces start a new side-ways movement. The movement could run between $4500 and $6500. According to Gann Angles Theory, the first movement took quotes to $5500. Some corrective movement would be expected. If this forecasting is confirmed, a new lateral market would balance the trend for about three months. Preparing a bullish breakaway signal for April after the halving, when prices should try to overcome the mentioned resistance. If backed by good News and possibly some new global trade scenario, which could include Bitcoin as part of institutional financial tools to be in consideration.

Short-term Analysis

The Japanese Candlestick fairy Analysis confirmed that the crows got stronger than ever, kicking the demand soldiers out from the last fairy battlefield. This battlefield is defined between $8000 and $10000, going directly to $4000, to end the 5th Elliott´s bearish wave. Following the same theory and backed on Fibonacci retracement numbers, the next stage could be a zig-zag ABC pattern to the upside.

It should have prices heading near $6500. An intermediate sustaining area arises as plenty of volatility is starting, to wait on halving before Soldiers reorder themselves to clash against the crows. Doing this they might have a chance to prevail. The technical indicators finally synchronized with prices. Even with those grounds, they are only available to defend $4000 levels as support. Forcing crows to enter a new battlefield for 3 months, between $4500 and $6500. Please keep safe while COVID-19 sweeps the world. The markets will be volatile and keep being that way for the next few months. The bitcoin miner reward halving is also going to have an impact in the near future. When the emission rate of new coins is halved it should have a positive effect on bitcoin value. Yet keep in mind it’s effects may be muted for months until the world finds it’s new normal in living with this new virus.

Article Produced By
Ramiro Burgos

Ramiro is a technical analyst specializing in stocks, futures, options and Bitcoin. He provides weekly analysis on the bitcoin price for Bitsonline. Based in Buenos Aires, Argentina, Ramiro has worked in the financial industry since 1987, with his technical analyses appearing in local and global news publications.



Bitcoin Prices Losing Strength as COVID-19 Slows World Economies

Bitcoin Prices Losing Strength as COVID-19 Slows World Economies

Bitcoin prices are losing strength as news turns neutral and international trade slows due to external factors.

This drop could be fallout from the financial market slump due to COVID-19 virus stalling world economies.

Long Term Analysis

The trend could head to $8000 support, during current zig-zagging distribution action. Volatility should be much less while international trade slows down. Present sell-off professional anticipation explained last week, would speed values to lower levels if we add to the analysis of some external factors. These factors may confuse venture decisions in favor of traditional financial refuges like gold or commodity. At the same time, the current COVID-19 crisis introduces crypto to consideration at every decision table, officially sowing the topic with Institutional Investors mid and long terms. External factors like news, personal opinions from YouTubers and several financial reports, suddenly stopped stimulating the general sentiment by announcing bullish forecasting. A consensus has declined to leave the quotes floating like ducks at a shooting gallery. To sustain the bullish mood, values would step back to $8000 or below, synchronizing prices with all development theories.

Mid Term Analysis

The trend started stepping back below the current level, due to every technical indicator that had arrived already to their bottom limits. The bottom limits leaving prices alone and drifting at a distribution area. The good news is gradually disappearing among global trending. Values could drop below $8000. Thus delaying the wishful thinking of a chance to bounce back and go up across the distribution area to overcome $10000 shortly. Several development theories consider a bearish correction is in process. If the trend confirms, it will coincide with halving´s now available offer and should delay any rise chance to next quarter.

Short Term Analysis

While several development theories driving down the trend, the Japanese Candlestick offer´s crows got stronger boosted by Fibonacci retracement numbers. They kicked demand´ soldiers out from the fairy battlefield defined between $8000 and $10000 while following Elliott´s 2nd Wave. When the soldiers arrive at $8000, they could try to re-organize to strike back from support and re-enter the action. Yet victory does not seem to be in sight even there.

With the logistical advantage of the technical indicators on their side to support a dignified defense of that level. A lateral market would emerge and it hardly should stay near $7500 waiting while halving´s renewed offer strengthens the crows to send the action possibly below $7000. The lateral move is reinstalling the former battlefield we have seen during December 2019. On the other hand, bad global news and political factors like a breaking war and the COVID-19 virus could reinforce the demand soldiers from $7500 to intermediate levels and drive prices to higher levels.

Article Produced By
Ramiro Burgos

Ramiro is a technical analyst specializing in stocks, futures, options and Bitcoin. He provides weekly analysis on the bitcoin price for Bitsonline. Based in Buenos Aires, Argentina, Ramiro has worked in the financial industry since 1987, with his technical analyses appearing in local and global news publications.



Top Bitcoin OTC Brokers: Trade Large Volumes

Top Bitcoin OTC Brokers: Trade Large Volumes

  • Do you want to buy a large volume of Bitcoin?

  • Do you want to sell a lot of Bitcoin?

Read on.. as this is going to be interesting. As we all know, there are more ways than one to buy Bitcoins and other cryptocurrencies. Popular options are buying the cryptocurrencies using cryptocurrency exchanges like Binance, CEX etc. But there is one more way, not as popular and feasible though. Wondering why so? Well, we’ll get to it later, but this new way is called Over-The-Counter (OTC) trade of Bitcoin.

What Is Bitcoin OTC?

For those of you who aren’t familiar with the term OTC, here is a simple Wikipedia description of the same: Over-the-counter (OTC) or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with crypto exchange trading, which occurs via exchanges. A crypto exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily published for the public. OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivatives of such products. 

In the realm of cryptocurrencies too, Bitcoin and other popular cryptocurrencies are traded over the counter where only two parties are involved. But this option isn’t for everyone. By everyone I mean the small retail investors. To use the OTC trade for Bitcoin, one needs to be a High Net Worth Individual (HNI) or an institution which is willing to buy/sell BTC in huge volumes (at least $100,000 or more). There are special purpose OTC exchanges or brokers from where one can execute an OTC trade for cryptocurrencies.

Why Crypto OTC? What are the benefits?

OTC trades, in general, are carried out so that one can buy/sell a stock, commodity or crypto asset quickly without moving the market much. Let us say you want to buy 500 BTC ($3,173,810) on Binance and you placed an order. But it has the liquidity of only 250 BTC. What happens then? Any guesses? (Assumption: there are 250BTC available in your buy price range) Well, your order will be filled partially, plus your order will decrease the supply of BTC on the Binance market and therefore the price will naturally move high. Also, your order is not filled in your price range and the price has increased which is counter-intuitive to you.

The same scenario can happen when you try to sell 500 BTC incurring significant losses if the market price goes way beyond what you quoted for. In that case, you would need to HODL or just sell it for a lower price range because your huge order has moved the market. And when stocks market, a very huge market with liquidity follows OTC trades for HNIs and Institutions then why not for the crypto market which is so small in comparison to other markets Crypto market is very minuscule as compared to the world’s financial markets. To put into perspective look at this chart to understand where the crypto market stands: So it is much likely that this kind of market will be moved with a million or two dollars that’s why OTCs are must have here.

Best Bitcoin OTC brokers: Buy large quantities of Bitcoin Through OTC

As I shared with you previously, Bitcoin OTC is not for everyone and honestly, it is not a child’s play. Not only you need to be HNI or Institution which is willing to deal in OTC but one needs to be highly experienced to execute such a trade. If you are not, the brokers or OTC platform that you use will outplay you to make higher profits. After all, trading is a zero-sum game. You win some, you lose some. That’s why there is a lot of skill that goes in while executing OTC trades. We will discuss those later but for now here are some of the services/brokers that HNIs and Institutions can use right now for executing BTC OTC trades:

1. Kraken OTC exchange:

Kraken is one highly reputed OTC broker that facilitates OTC trading.  You need a verified account on Kraken to use the OTC feature. As of 2020, here is the outline of the Kraken OTC trading feature:

1. Possess Pro (formerly Tier 4) verified Kraken Account.
2. We always second settle.
3. Bank wires must always match the Kraken Account name.
4. USD 100k minimum trades.

- We set up chat on Whatsapp (preferred for security reasons but can accommodate Skype or Telegram) with all the traders.
- There you may ask for live quotes.
- If you agree with price, you say "done" and we confirm with "done". If you disagree, "pass" to decline and ask for refresh when ready.
- If done, we will send an email confirmation. You reply all with "done" along with your crypto address or bank wire information.
- Once replied we submit to back office to initiate settlement. Completion of settlement may take 2-24 hours depending on the time of day trade is executed.

- There are no discounts, we will always bid below and offer above market. However, the quotes will generally be inside the spread of the order book.
- There are no fees, prices quoted are all-in.
- We are able to trade pairs listed on the exchange.
- Small ticket fees of 1.5% and 1% apply to trades between USD 10-50k and 51-99k respectively.

- We are able to send and receive USD wires globally but EUR funding goes through the Kraken exchange interface as usual.
- Initially your trades must be pre-funded. I.e. they must be in your Kraken account or you must have sent them to the OTC account. Once we have trades under our belts and have built a relationship, we can
discuss daily settlement.
  1. Huobi: Available pairs BTC, ETH, USDT, EOS, HT
  2. OTCBTC: Available pairs BTC, ETH, LTC, EOS, BCH, NEO, QTUM, ZEC, USDT and more
  3. HiveEX: Available pairs BTC, ETH, XRP ($200,000 to $10 Million)
  4. itBit: Available pairs BTC, ETH, LTC, BCH, XLM Minimum order size of $100K (or equivalent)

Since 2019, more players have emerged in this space as cryptocurrencies have really taken off in the last year and a half. But just knowing these services isn’t enough as you need to go through a thorough KYC check to be considered seriously.

Some more important points to remember if you trade Bitcoin on OTC…

  • When you want to do an OTC trade do not do window shopping from brokers 1-2 days before the actual date of the trade. Instead, start before a week or so, so that the information that you gave to them isn’t much worthwhile to impact the market on the day of your actual trade.
  • Always ask for both buy/sell prices when indulging in an OTC trade so that it is harder for the broker to front run you.
  • Don’t let your broker take advantage of your behavioral patterns and don’t inquire about crypto at fixed date and time. Instead, be unpredictable and random.
  • Do OTC trading in a slow market instead of a volatile market.
  • Do not buy/sell the whole target amount of BTC you want to trade.

Conclusion: Over The Counter Crypto Trading

Over the counter, trading isn’t transparent as much as trading on centralized exchanges. That’s why I have listed some of the DOs and DONT’s in the above section. But if you are someone who is planning to buy crypto worth of $100,000 from crypto exchanges then this can be detrimental for you, if not done properly. So instead, you take the pains of learning the basics of OTC trades and then try to make a trade with the DOs and DONT’s we have shared with you.

What about money laundering and criminal activity with OTC trading?

This is a legit risk, and the only way to counter this issue is by working with only those crypto OTC brokers who do proper KYC, and due diligence from both buyer and seller.

Will OTC brokers accept cash?

In many jurisdictions, OTC broker does accept cash. However, you may be asked to produce proof of funds.

Is Bitcoin OTC in China & Hong Kong legal?

As Chinese government has banned cryptocurrency exchanges, OTC brokers have been the driving force of crypto buying/selling in China.

Article Produced By
Editorial Staff

A team of Blockchain and Cryptocurrency experts lead by Harsh Agrawal. Trusted by over 1.1 million readers worldwide.



How To Sell Bitcoin Hassle free (5 Easy Steps for 2020)

How To Sell Bitcoin Hassle free (5 Easy Steps for 2020)

  • Wondering how do you sell your Bitcoin?

  • Want to cash out your Bitcoin for fiat currency like USD, Euro, Dinar, SGD or any other?

And, should you sell all of your Bitcoin or just a part of it? In this guide, I will help you find answers to all the above questions and other which are related to selling Bitcoin. There are many ways for selling Bitcoin, and you should pick a method based on factors such as:

  • How many Bitcoin you want to sell
  • How soon you need your money
  • Which country you are from
  • Do you want to money in cash or in bank account.
  • Do you want to use something like PayPal to receive funds?

And a few other factors decide which route should you take. I have shared different ways by which you can sell Bitcoin, along with a list of websites that could pick based on your country. At the end of this guide, you will find many questions, and answers related to selling Bitcoin. A lot of our users have found this section highly useful, as it helps in answering unanswered questions.

First thing first…

5 Simple Steps to Sell Bitcoin:

Step 1: Find a Website:

There are a lot of Bitcoin selling websites available on the internet, and a few of them provide high liquidity, the best price, and enough trust. And, this is why the first step for you is to find reliable Bitcoin exchanges.

There are a few important things to know:

  • The Bitcoin selling website should support your country bank account
  • The website should have enough trust, else it put you into counterparty risk.
  • It should have a pair for your country currency and Bitcoin. Ex: BTC/USD, BTC/AUD, BTC/SGD, BTC/INR
  • The volume should be good enough to ensure you get the best-selling price
  • The fees should be low.

Here are the list of authentic websites that sells Bitcoin for various countries. If you don’t see your country in the list, let me know and I will add it into the list. Pick the one that is nearest to your country.

Country Trusted Websites
Global CEX
USA ???????? CEX (Preferred, easy to use)
Coinbase (High fees, trustable)
Australia ???????? Binance
India ???????? WazirX
Singapore ???????? CEX
Malaysia ???????? Localbitcoins
United Kingdom ???????? CEX
Dubai Bitcoin Selling Website ???????? Localbitcoins
Ghana ???????? Localbitcoins
Nigeria Binance
Turkey ???????? Binance

A lot of above websites, let you receive money via bank transfer, PayPal, Payoneer, and other methods. In the further section of this guide, I have discussed different ways by which you or anyone cal start selling their Bitcoin portfolio. For now, lets learn all the steps, which should take care of needs of majority of our readers.

Moving on…

Step 2: Create your account

Once you have found the website (above) that supports your country, setup an account. This process could take anywhere between 5 minute to 2 days. It all depends on your country or residence, and website that you are dealing with.

For example, lets pick CEX.io for this example ( Read CEX.io review here).

Here is what you need to do:

  • Create an account CEX
  • Complete the verification process

If you want to sell a small amount of Bitcoin, you should be able to sell Instantly. However, for large volume, you may need to get upper tier verification, that could take 1-2 days. (More on this, in the next step). A lot of them would ask you to setup 2 factor authentication. This process is useful to secure your account, as you would be adding Bitcoin to their wallet.


  • What is 2-factor authentication (Opens in a new tab)
  • How to set up 2-factor authentication using Google authenticator (Opens in a new tab)

Step 3: Transfer Bitcoin to the website wallet

Now, under the wallet section of the website, you will find your unique Bitcoin deposit address. You can transfer your Bitcoin to the wallet, and usually this could take 5-50 minutes for the transfer to be done.A word of caution: If you are doing something like this for the first time, you should transfer just a fraction of Bitcoin. Ex: 0.01 BTC. 

Step 4: Put a sell order

Once you received the Bitcoin in the wallet, simply place a sell order. You could sell the Bitcoin at the current price. Most of these websites have an easy to use screen for you to place sell order.

Step 5: Cash out funds

Once you are done selling Bitcoin, you will have the fiat currency in your wallet. Now, you can withdraw the funds directly to your bank account, or other accounts such as PayPal, and others. This process could be done immediately or could take 1-2 days, depending upon your country, and website policy. Over all, selling Bitcoin constitute of only these 5 steps. These steps will be more or less similar across, and medium that you use. Now, let’s look at some of the popular ways by which you could sell your Bitcoin.

How to sell Bitcoin offline:

You could sell it offline in your network or via P2P method. You can check the current Bitcoin price in your country, and sell at the same price to interested buyer. You can also use platforms like Localbitcoins or Paxful to sell your Bitcoin offline. These are P2P platform, which connects Bitcoin sellers with buyers. However, when dealing with cash and selling it offline, comes with its own risk. So, you need to be careful.

  • Meet the buyer at a public place in broad daylight.
  • Do not exchange unrequired personal details when you meet with the seller.
  • Wait for the transaction to confirm at least twice. I usually wait for 3-4 confirmations. Sometimes it takes about 5-15 minutes for the transaction to confirm multiple times.

How to sell large volume of Bitcoin:

If you are not in hurry, and looking to cash out a huge amount of Bitcoin, you should use a Bitcoin OTC broker. These is a service offered by exchanges for whales like you to sell large amount of Bitcoin without impacting the market, and help you get the best possible price. You can read my earlier guide on “Bitcoin OTC brokers” to learn more about this.

How to Sell Bitcoin on CoinBase:

CoinBase is a popular website used by millions to sell Bitcoin. You could sell Bitcoin for money, and withdraw funds using ACH or Wire transfer.Here is how to you could cash out Bitcoin on CoinBase:

  • Head over to Coinbase.com
  • Create an account
  • Deposit your Bitcoin

Click on trade, and select BTC and USD pair to trade your Bitcoin for USD. Usually, this will take 2-3 minutes, and the funds will be in your Coinbase account. From here, you could withdraw the funds to your bank account using Coinbase. Here are a few more hand-picked ways that you should check out:

  • How to sell Bitcoin for PayPal
  • Best Ways to convert Bitcoin into Cash

Now, lets look at some of the questions which are asked by CoinSutra community members via email. Chances are your unresolved queries related to selling Bitcoin should be resolved via below Q&A. In case if it is not, feel free to ask it via comment section below.

Can you sell Bitcoin immediately?

Yes, you can sell Bitcoin within seconds, and some listed websites let you receive the money in a few seconds. When using P2P method like Localbitcoins, Paxful, you could receive money instantly.

Is it Illegal to Sell Bitcoins for Cash?

No! It’s not illegal to sell Bitcoin for cash. You could definitely sell Bitcoins for cash, however, if you are doing large volume of selling for cash, you need to check with your country law. Certain countries does not allow huge cash transactions.

How many bitcoin can you sell at once

There is no upper or lower limit when it comes to selling Bitcoin. You could sell Bitcoin as low as worth $10 or as high as worth $10 million or more.

How much does it cost to sell bitcoin?

The only cost associated with selling Bitcoin is the exchange fees or the broker fees. For example, Binance charges only 0.1% for transactions, and there are zero charges on withdrawals.

Is it hard to sell Bitcoin?

These days, it is apparently very easy to sell Bitcoin. Unlike old days, now you could also sell Bitcoin instantly and securely. Also, a lot of countries has put the proper law and legislation for selling Bitcoin. The only time when it is hard to sell Bitcoin is when you are in a country where Bitcoin is banned. In such cases, you could use a P2P exchange like Localbitcoins or Paxful.

When should someone sell his Bitcoin?

Treat your Bitcoin as money, and sell it when you need fiat money. However, the price of Bitcoin is volatile, and when the price is super low, you could wait for it to get better to sell. If you need money urgently, you can use your Bitcoin as collateral on websites like Block-fi, Nexo to take a loan.

How to sell bitcoin in Australia

You could use Binance or CoinSpot to sell Bitcoin in Australia.

How to sell bitcoin in Nigeria

Binance is the most popular way to sell BTC in Nigeria.

Article Produced By
Harsh Agrawal

An award-winning blogger with a track record of 10+ years. An international speaker and author who loves blockchain and crypto world. After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.



Bitcoin Traders Can Now Stack Sats By Shorting Gold Price

Bitcoin Traders Can Now Stack Sats By Shorting Gold Price

Phemex, a cryptocurrency derivatives exchange, has added a gold/USD trading pair.

This move opens the door for Bitcoin traders to take advantage of declining gold prices. It is also a further step in the maturation of the crypto market.


Josh Rager, co-founder of Blockroots, made the announcement on Twitter: Now you can short Gold on the same platform you trade Bitcoin Perp swaps for GOLD/USD have been added to https://t.co/G53YTHoQMV Take your gains from shorting gold and cash them out in BTC And don’t forget to tell Peter Schiff about how much Bitcoin you stacked shorting Gold pic.twitter.com/S1rffSjElB

It is not known whether or not Phemex made this addition as a result of the sudden drop in gold. Nevertheless, the move is popular with a notable degree of liquidity emerging. Although the exchange does not offer a direct BTC/gold pair, traders can easily swap between gold, Dollars, and Bitcoin.
As with all commodities, trading gold carries risk. Investors should always do their research and exercise caution. The current global turmoil has translated into extreme volatility for all precious metals. Gold has fallen for several days as work stoppages have increased the need for quick cash. However, today it has spiked on fears of inflation and an incoming loose money policy from the U.S. Federal Reserve.

Crypto traders have been eager to take advantage of this volatility. Given the demand it is safe to assume that many more exchanges will soon add gold to their offerings. Many opportunities exist to purchase Bitcoin with gold, and vice-versa, yet Phemex is the first to allow daily trading and derivatives. With gold as a traditional safe haven during times of economic stress, the ability to transfer its value into the crypto space is intriguing. Long term investors may now become more willing to explore Bitcoin as a potential safe haven as well. 


Bitcoin and other blockchain assets have long been outliers in global finance, yet their presence has become too significant to ignore. Increasingly they are proving their legitimacy, notably as a result of adoption across a wide array of industries. Moves to integrate various legacy commodities into the crypto space are only growing. Likewise, traditional brokers of all types are eager to begin working with blockchain assets.

Such steps are certain to invite greater interest from regulators and governments as well as funnel vast amounts of fiat into cryptocurrencies. 
Bringing Bitcoin into mainstream global finance remains controversial among crypto advocates, as many purists believe that the blockchain economy should remain independent. Nevertheless, as the value of Bitcoin and altcoins grows, it is inevitable that all markets will interact. In fact, mass crypto adoption depends on it. Will you be shorting gold to make more Bitcoin? Add your thoughts below!

Article Produced By
Bitcoin News



French court officially recognizes Bitcoin as money

French court officially recognizes Bitcoin as money

Bitcoin France

Bitcoin France

The Nanterre commercial court in France has ruled that Bitcoin (BTC) is recognized as a currency

– a development that could have a significant impact on the cryptocurrency market in France. Recently, financial regulators in Germany have classified cryptos as financial instruments, which further promotes the increasing legalization of digital currencies. The judge stated that Bitcoin is an “interchangeable, intangible good”. Therefore, the cryptocurrency would be similar to other currencies like the euro. According to lawyer Hubert de Vauplane from Kramer & Levin, this decision means that Bitcoin is legalized as money. In his view, the number of Bitcoin transactions from France could now increase significantly. In addition, Bitcoin can be linked to investment and savings products. For example, loans could be provided with Bitcoin as security.

Litigation between crypto exchange and British investors. The judgment came about due to a legal dispute between the French crypto exchange Paymium and the British investor BitSpread. In 2014 Paymium BitSpread borrowed a certain amount in Bitcoin. According to the hard fork of Bitcoin, which created the cryptocurrency Bitcoin Cash, every Bitcoin owner received Bitcoin Cash in a ratio of 1: 1. The question then arose whether BitSpread would have to repay the free BCH (for the loan) to Paymium. It ultimately decided that Bitcoin Cash belonged to BitSpread, just like dividends paid to a shareholder.

Article Produced By
Breaking Bitcoin News




Bitcoin’s halving could push coin’s price to ‘just above mining costs’

Bitcoin’s halving could push coin’s price to ‘just above mining costs’

Bitcoin’s halving is just 51 days away, but the debate on Bitcoin‘s price gain/loss post the big event has been going on for a long time.

While some people believe that the halving is already priced in, others are of the opinion that the halving might result in the price of the world’s largest cryptocurrency. For context, the halving happens every four years and it reduces Bitcoin’s block reward by 50%. The upcoming May halving will reduce the block reward from 12.5 bitcoins per block to 6.25 bitcoins per block, and supply inflation from 3.72% to 1.79%. In fact, a recent Kraken report had noted that this would be the first time Bitcoin’s inflation rate would fall below the 2% inflation target used by most central banks for their respective fiat currencies. The attached chart pictures the performance of Bitcoin post its previous two halving events. The first halving took place on 28 November 2012, when the price was $12.50, while the second halving took place on 9 July 2016, when the price of Bitcoin was $650.

Data suggests that Bitcoin’s price has always recorded bullish movement over the long-term, post its halving events. Alas, the coin might not follow the same pattern this year, given the economic fallout caused by the COVID-19 pandemic. However, with many institutional investors entering the crypto-market in recent times, the impact of 2020’s halving might possibly explain whether previous Bitcoin price increases were in fact caused by the block reward halving, or if they were merely a coincidence. Popular trader Peter Brandt recently tweeted that the impact of the block reward halving is less relevant for Bitcoin’s (BTC) price. He referred to Bitcoin’s halving as ‘Grossly overrated.’ In fact, just a few days ago, Mike Novogratz, CEO of Galaxy Digital, had also noted that when it comes to the direction in which the Bitcoin price is headed, it is always a “confidence game.”

Interestingly, on a recent podcast, Bitcoin miner and cryptocurrency investor Kris, being someone who has got skin in the game, gave his predictions for the upcoming halving. Noting that there were a lot of new elements in the Bitcoin ecosystem at present on the institutional end, he asserted that the price of Bitcoin would go up, post the halving event, not to a $20,000, but somewhere between $9,000 -$12,000, “just above the mining costs.” This is a crucial observation as many speculate that Bitcoin’s struggling price, coupled with the upcoming block reward halving, could lend a blow to the fortunes of miners, especially smaller miners, since they won’t even be able to break-even, pushing them to abandon mining altogether or selling their rigs to larger pools. If post-halving, the price of Bitcoin is indeed “just above the mining costs,” miners may be more inclined to stay in business.

Article Produced By
Rakshitha Narasimhan

A Psychology and Journalism graduate, Rakshitha focuses on UK and Indian markets. As a crypto-journalist, her interests lie in blockchain technology adoption across emerging economies.



Does regulating Bitcoin, other cryptos come at the expense of privacy?

Does regulating Bitcoin, other cryptos come at the expense of privacy?

For cryptocurrencies, there is a lot left to be desired regarding the regulatory landscape surrounding it.

While many still view it as a nascent innovation in the converging worlds of finance and tech, it is impossible to overlook the fact that cryptocurrencies such as Bitcoin have existed for over a decade and still lack a robust regulatory infrastructure to support their growth. In an interview with AMBCrypto, Jesse Spiro, Chainalysis’ Head of Policy, echoed a similar sentiment and highlighted how better regulations can result

in increased adoption.

“By adopting a clear regulatory regime that aligns – and in some cases exceeds – that of traditional financial services, a level playing field will be set, and many of those pre-existing risks will be mitigated. This will bring increased financial integrity to the ecosystem, which will hopefully harmonize with traditional financial services and lead to real growth and widespread adoption.” 

In fact, clarity in regulations is an issue that has been at the forefront for a long time now. Earlier this year, for instance, SEC Commissioner Hester Peirce had presented the safe harbor proposal to address this very issue, a proposal which many thought to be flawed, despite being a positive step towards more crypto-clarity. Despite such proposals, however, challenges remain.

In a recent episode of the On the Brink podcast, Patrick South, VP of Development at the Chamber of Digital Commerce, highlighted some of the challenges faced by crypto in the current regulatory environment. The last few months have seen increased efforts across the world to curb cryptocurrency’s possible role in money laundering, terror financing, and other nefarious activities. The European Union’s 5AMLD guidelines and the Financial Action Task Force’s (FATF) crypto travel rule were introduced and strengthened keeping this goal in mind. Commenting on the FATF’s travel rule,

South highlighted,

“It requires virtual asset service providers, someone like an exchange, to record and transmit personal identification data when transferring a thousand dollars or more between two party’s wallets that are both hosted by a virtual asset service provider.”

According to South, this may pose a significant threat to individual privacy and also raise concerns regarding cybersecurity.

He added,

“A lot of challenges right now associated with developing a fully functioning system around the travel rule in a landscape where regulatory bodies haven’t implemented licensing, or registration regimes, or frankly, may not value privacy and cybersecurity in the same way as the US thinks about this.”

While South’s concerns regarding privacy are significant, data from Chainalysis shows that in 2019, crypto-exchanges were a popular off-ramp for illicit cryptocurrency transactions. The report in question had stated that over the course of 2019, $2.8 billion in Bitcoin from criminal entities went to exchanges. This could be one of the reasons behind the FATF’s travel rule requirement under which, personal identifiable information is to be shared during transactions.

Article Produced By
Jude Lopez

Jude Gerald Lopez is a full time News Editor at AMBCrypto covering the US and Indian market. He is a post-graduate in English literature with around 4 years of teaching experience in Indian literature.



Quickly Reach the Crypto Market with Our Updated PR Service

Quickly Reach the Crypto Market with Our Updated PR Service

Press Release is the perfect marketing instrument that can be leveraged to reach your target audience,

build branding and fill-up the internet with company-related information. However, manual PR campaigns that focus on outreaching to every single publisher are time consuming and ineffective. Now, you can save time and money by using the newly-updated Cointraffic PR distribution tool, which helps to select Crypto-related websites automatically, thus facilitating smoothness distribution within a few clicks.

The key features of the new PR service include:

  • Press Release goal filters
  • Flexible budget settings
  • Smart website constructor

Let’s briefly discuss these add-ons:

Goal filters

According to our clients’ needs, we have implemented filters of the websites available for distribution, hence making it possible to:

  • Launch fast campaigns for gambling-related projects;
  • Exclude USA/UK websites, due to jurisdictional regulatory compliance;
  • Select only those websites, which provide do-follow links.

These filters are available from the start, thereby ensuring that the distribution is focused on websites that can accomplish your marketing goals.

Budget settings

After filtering the distribution sources, the Cointraffic PR service will display the minimum and maximum budget that can be used for the upcoming campaign. You are free to pick any number between the reference thresholds – the list of the websites will be automatically prepared according to your preferred budget.

Smart constructor

This tool does not only take your goals and budget into account – rather, it also provides clear information on the available websites, their reach potential, and sorts them accordingly. In other words, every list created by our smart constructor will guarantee you the best PR performance. You are also free to replace any publisher on the list if it fails to meet your current requirements.

Content creation and distribution process

Once you are happy with the list of Press Release distribution websites, you can proceed with the payment and get started with content creation. You can upload your own copy or fill out the brief to obtain a freshly-written PR.  The copywriting and proofreading services are free of charge, and it only takes us one business day to prepare all the material that’s needed for commencing distribution. After the content is written and confirmed, you can choose when the campaign should go live. The entire content creation and distribution process takes up to 5 business days. A final report is provided once the Press Release is posted on all chosen websites. We strive to make launching a Press Release campaign quick & easy. Try out Cointraffic’s PR distribution service today!

Article Produced By



When you have 100 customers per Distributor