How to sell crypto for cash on Xoibit
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To sell crypto for cash, use Sell crypto to turn your coin into fiat at the market rate, then withdraw the fiat to your bank or another payout method. You can also sell to another user on P2P and get paid directly.
Sell crypto to your fiat balance
- Open Sell crypto.
- Choose the wallet the coin is in (Spot or Funding, where available).
- Choose the coin you sell, the fiat currency you want and the amount.
- Check the quote: the rate, the fee and the amount you will get.
- Confirm. The fiat amount is added to your wallet.
The quote is valid for a short time. If it expires, refresh it to get the current rate.
Withdraw the cash to your bank
- Add your payout details, such as a bank account, in Payment methods.
- Open Withdraw fiat, choose the currency, method and amount.
- Confirm with your verification code.
See how to withdraw money to my bank for more on fiat withdrawals.
Sell on P2P instead
On P2P you sell to another user who pays you with a method such as a bank transfer. Your crypto is held in escrow until you confirm you have been paid and release it. See how to sell crypto on P2P.
Sell on the spot market
If you want USDT or another coin instead of fiat, sell on the spot market with a limit or market order. The coin you receive goes to your Spot wallet.
Only release P2P crypto after the money is really in your account. Fees and limits for selling and withdrawing are set by Xoibit and shown on each page.
FAQ
Can I sell crypto straight to my bank account?
Selling and withdrawing are two steps: first sell the coin to your fiat balance, then withdraw the fiat to your saved payout method.
Which is better: Sell crypto or P2P?
Sell crypto uses the market rate and a quote from Xoibit. P2P lets you set or pick a price with another user and get paid directly, but you must check the payment yourself before releasing.