Selling BTC in Bringin is simple and seamless. Follow this step-by-step guide to convert your BTC into Euros.
Prerequisite: KYC Verification
Before selling BTC, you need to complete KYC verification. If you haven’t done so yet, follow our KYC Guide to get started.
Step-by-Step Guide to Sell BTC
1. Log in to the Spend Application
Visit our Spend application here and log in to your account.
2. Enter Sell Details
Input the amount of BTC (or SATS) you want to sell.
Choose the network: Lightning or Onchain.
3. Add a Beneficiary IBAN Account
Provide the IBAN account where you want to receive the Euros.
The IBAN account must be in your name; otherwise, the transaction will fail.
NOTE: (We are working on enabling third-party payments in the future.)
4. Confirm IBAN and Fees
Select the IBAN account you just added.
Review the IBAN details and the fee for selling BTC.
Click Confirm to proceed.
5. Make the Payment
A QR code will appear on your screen.
QR consists of:
Lightning invoice (for Lightning transactions)
BTC address (for Onchain transactions)
For Onchain payments: You can send the full amount from multiple BTC addresses if needed—just ensure the full amount is sent.
6. Wait for Payment Confirmation
Stay on the screen after making the payment.
The app will automatically proceed once the payment is received.
7. Track Payment Progress
The payment process consists of three steps:
Confirmation (for Onchain payments): We acknowledge the payment and wait for confirmation from the BTC network.
Processing: We swap your BTC at the best available rate.
Authentication: Before sending the Euros, we verify that the transaction was initiated by you (via OTP).
8. Enter OTP for Authentication
An OTP will be sent to your registered mobile phone and your email address.
Enter the OTP to confirm your transaction.
9. Receive Your Euros
Once verified, the funds will be transferred to your selected IBAN account.
That’s it! Your BTC has been successfully sold, and the Euros are on their way to your bank account.