Sell Bitcoin Instantly

Log in to BitMEX and go to Sell Crypto. Select Bitcoin (BTC), choose USD as your payout currency, enter the amount to sell and your US bank account details, and confirm. Banxa or Mercuryo converts BTC at the live market rate and sends USD proceeds via ACH bank transfer to your registered US bank account. BitMEX charges no platform fee; all partner fees are shown in full before you confirm. ACH transfers typically arrive within 1–3 business days.

USD payouts are sent via ACH bank transfer through BitMEX's regulated off-ramp partners, Banxa and Mercuryo. ACH is the standard US domestic bank transfer network, covering virtually all US checking and savings accounts. Settlement typically takes 1–3 business days. Wire transfers may be available for same-day or next-day settlement at higher cost. Your account must be registered in the same name as your verified BitMEX identity. All fees and the estimated USD amount are displayed at checkout before you confirm.

The IRS treats Bitcoin as property; selling it for USD is a taxable capital gains event. Short-term gains — assets held under one year — are taxed as ordinary income at rates up to 37%. Long-term gains — assets held over one year — are taxed at preferential rates of 0%, 15%, or 20% depending on your total income. The IRS classifies Bitcoin as property; selling it is a capital gains tax event. Short-term gains (held under 12 months) are taxed as ordinary income; long-term gains (held over 12 months) are taxed at 0%, 15%, or 20% based on your total income. Form 8949 and Schedule D are required for reporting. Bitcoin has no staking yield, so disposal is typically the only taxable crypto event for most BTC holders. Report all disposals on Form 8949 and Schedule D. Consult a US tax adviser for guidance specific to your situation.

Bitcoin is priced in USD, eliminating FX conversion risk for US holders. US macro factors — Fed rate decisions, inflation data, and spot ETF flows from funds like BlackRock's IBIT and Fidelity's FBTC — can influence BTC price directly. The IRS requires accurate cost-basis records for every lot sold, particularly if you have accumulated BTC across multiple exchanges or wallets. Not financial advice.

Bitcoin sales confirm immediately on BitMEX. USD proceeds via ACH bank transfer typically arrive within 1–3 business days after withdrawal processing. Wire transfer, if available, can settle the same or next business day at higher cost. Fees and estimated arrival times are shown before you confirm the sale.

Create a free BitMEX account to sell BTC.