Step-by-Step Guide to Selling Cryptocurrency with LondonLink: Brokerage and Custodial procedures.
Selling cryptocurrency with LondonLink is quick and easy, whether via our Custodial service or our Brokerage service.
Whichever service you use, to sell crypto from Londonlink, you will first need to:
- Register at client.londonlink.io/register
- Verify at client.londonlink.io/verification
For more information on how to use each service to sell cryptocurrency, please see below.
Custodial Service
To sell cryptocurrency to us, you will need to transfer the relevant amount into your LondonLink User Account. You will need to log in via our website to find out more about information about this. Once we receive your cryptocurrency, this will be reflected in the balance that is available to you to sell.
You can then select which and how much cryptocurrency you wish to sell. Once the trade is executed, the corresponding fiat amount (GBP or EUR) will appear in your User Account.
Our website offers a simple, friendly interface but if you need any clarification on the selling process, please reach out to us via the live chat on our website, via email at hello@londonlink.io or by submitting a contact form via https://londonlink.io/contact/.
Brokerage Service
You can request a quote:
- "How much GBP/EUR for 0.1 bitcoin?"
- "What's £1,000 of bitcoin worth in EUR?"
- "Trade 1000 USDC to GBP"
You will be provided an indicative quote showing:
- Amount of crypto you're selling.
- The current rate per coin.
- Your trade total value in GBP or EUR
For example:
“Please see your quote below:
Amount: 0.1 BTC
Rate: 10,000 GBP/BTC
Total: 1,000 GBP
Would you like to lock this quote in and proceed?”
Type ‘lock’, ‘yes’, ‘take’ or other positive affirmation to proceed with the trade.
We will provide our wallet address to send the crypto to. Once we receive the transaction and it has been confirmed, we send your payment. You are responsible for providing the correct wallet address.
All exchange rates are inclusive of spreads and fees. For specific information on your rates please see your dashboard here: client.londonlink.io/rates
Cryptocurrency transactions fees are paid by the sender, which vary depending on market conditions.
For first-time trades, you will need to provide an electronic bank statement or screenshot showing your account details. We can only make payments to bank accounts when the name matches your verified ID.
Approved by Archax on 06/10/2023