To convert BTC to USD, you must first log in to your own Bitstamp account.
Then select Bitstamp Pro at the top of the menu and go to the Dashboard
If you have one or more sub-accounts, you must first select the sub-account where the BTC you want to sell is stored.
You can switch between different sub-accounts at the top right of the menu by clicking on “Main account”. Then select the correct account.
Then select Trade from the menu
Choose the correct market: BTC/USD top left on the screen
Now create a Limit sell order of BTC for USD. You will sell BTC with this and you will receive USD in return.
It is important that you place a Limit order, this prevents you from getting less money if the price drops. If the price goes up, you will get a higher selling price when you sell, but never a lower price if the market drops. That is why a limit order is the safest way to place an order.
Tip: By clicking on “Best ask” you will get the current market price.
Before you sell BTC it is important to check how many Bitcoins are under the management of the trader. After all, if you sell BTC that is under the management of the trader, you will make a loss (otherwise the trader would have sold it himself).
In this example we make a Limit sell order of 0.02 BTC for a price of 93493 USD. This will yield approximately 1870 USD after the sale.
To complete the sell order you must click on Sell BTC.
Depending on how many buyers there are for BTC, the order will be executed immediately or later. The order will remain open until it is completely sold. The amount of USD will automatically be added to your account. The trader will automatically recognize this USD and use it for future purchases of new pockets.