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How to Sell Bitcoin to Your Bank Account

Sell bitcoin from your personal wallet and receive USD in your linked bank account.

Start your sale

Select Sell bitcoin from the sidebar.

Sell bitcoin sidebar option highlighted before starting a sale

Select the USD amount field and enter the amount you want to sell. The BTC amount updates automatically.

USD sell amount field highlighted beside the privacy-protected Sell Address

This example uses $2.10 USD, the minimum shown in the app. Minimums and transaction limits can change, so always follow the current values displayed in your account.

Under Destination bank, select the linked bank account that should receive the USD.

Destination bank option highlighted in the Select source menu

Don’t see your bank? Open Account, then select Banks to connect or reconnect a bank account before returning to the Sell page.

Send bitcoin from your wallet

Under Scan or Tap, scan the QR code with your personal wallet or copy the displayed Bitcoin Well Sell Address.

Privacy-protected Sell Address QR code and copy field highlighted

The screenshot hides the QR code and Bitcoin address for privacy. Your Sell page displays the reusable address assigned to your account.

In your personal wallet, enter the exact BTC amount shown by Bitcoin Well.

Verify the complete Bitcoin address and BTC amount in your wallet.

Approve the transaction from your wallet.

Send only bitcoin over the Bitcoin network to your Bitcoin Well Sell Address. Sending another asset or using an incompatible network can result in permanent loss.

Save your reusable Sell Address

To store the address in your wallet for future sales, select Save this address to sell bitcoin without logging in.

Reusable Sell Address button highlighted for saving future sales

Your Bitcoin Well Sell Address is reusable. Future bitcoin sent to this address is sold and paid to the destination bank associated with your account.

Save the reusable address with a recognizable label, such as Bitcoin Well Sell, so you can identify it later.

Confirm the completed sale

After sending bitcoin, open Activity from the sidebar. When Bitcoin Well has finished processing the transaction, the sale appears under Completed.

Activity sidebar option and completed Sell transaction highlighted

The completed entry shows both the USD proceeds and the bitcoin amount sold. Bitcoin Well sends the USD to the destination bank selected for the sale. Your bank may need additional time to post the deposit.

If the sale is still processing, continue to monitor Activity. Processing time can vary while Bitcoin Well waits for the bitcoin transaction and completes the payout.

The Activity page keeps a record of the completed sale so you can review the date, USD proceeds, and bitcoin amount later.

Bitcoin transactions cannot be reversed. Before sending, verify the exact BTC amount, complete Bitcoin address, and destination bank.

Updated on: 14/07/2026

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