How to buy and sell bitcoin
Please note regarding rates and fees
- As all trades with Blockrise are settled directly on the blockchain, it might take longer for a trade to finalise;
- As trades take longer to finalise, the final exchange rate and fees might slightly differ.
How to buy
Once logged in, follow these steps:
- In the left menu, go to "Brokerage"
- To buy bicoin with euros, fill in the amount of euros you would like to use to buy bitcoin with on the left side.
- Click on Buy at the bottom.
- You will be asked to carefully check and confirm the transaction.
- Sign the transaction using your Blockrise Seed or Blockrise App to authorize the trade.
- Once the transaction is signed, Blockrise will execute the trade on your behalf, ensuring that the purchased bitcoin are securely added to your account. This can take up to a few hours, depending on the network, since all our trades are on-chain transactions processed on the blockchain.
How to sell
- In the left menu, go to "Brokerage"
- On the left-hand side, click on the green EUR button and it will change to bitcoin.
- On the right-hand side, the currency has now automatically been switched to EUR. This means you will receive euros for your bitcoin currency.
- Right under the sell menu, you will find an estimate of the fees for this transaction and a breakdown of how this is estimated. The total fee consists of a trading fee (for using Blockrise's services) and a blockchain fee, which is paid to the network. We cannot influence the network fees.
- At the bottom, you will find the "Sell" button.
- After clicking the Sell button, you will be asked to carefully check and confirm the transaction.
- Sign the transaction using your Blockrise Seed or Blockrise App to authorize the trade.
- Once the transaction is signed, Blockrise will execute the trade on your behalf. This can take up to a few hours, depending on the network, since all our trades are on-chain transactions processed on the blockchain. Once it has been processed, you will find your euros on your euro balance.