With SATOS you can sell Bitcoin for Euro ✅ Payment to your own bank account ✅ No account required ✅ Sell BTC from your own wallet
Sell bitcoin on the fly and have euros paid out directly to your bank account. Transactions are processed almost immediately (also during the weekend).
SATOS has more than 5 years of experience in buying and selling bitcoin and your cryptocurrency remains in your own control.
SATOS offers live help and support via chat and telephone, 7 days a week! We are happy to help you on your way with selling bitcoin.
In contrast to many other brokers, SATOS does not require you to create an account to trade Bitcoin. The first step in the Bitcoin selling process is to enter the amount of Bitcoin you like to sell. You can also enter the amount in euros you would like to receive. The computer will then automatically calculate the other amount based on the exchange rate. Click on ‘Place order’ once you are ready.
You will now be asked to enter your personal details. We require this information to finalise your transaction. At the top of the page, you can also see the amount of EUR we will pay for your Bitcoin. The only remaining data we require of you are your email address, your bank account number, and the name of the account holder. Have you finished entering all this information? Congratulations, you are nearly done! Click on ‘Confirm order’ to confirm your transaction.
The final step is to send your Bitcoin to a SATOS wallet address. You will be shown an address which you can use to send us your Bitcoin. It is vital that you select an appropriate transaction fee. This ensures that we will receive your Bitcoin before your order expires. Most Bitcoin wallets automatically display a recommended and customary transaction fee. Once you have uploaded your transaction to the network, you will only need to wait for the confirmation of the miners. We will then directly transfer the euros to your bank account. How long this takes? You will find out in the section below!
SATOS generally processes transactions nearly instantaneously, seven days per week.
SATOS has been the Netherlands’ primary broker for selling and buying Bitcoin for more than five years now.
Our support team stands ready to assist you, seven days a week, either through chat or over the phone.
SATOS does not manage the assets of its clients. Are you buying Bitcoin through SATOS? Then you will always retain full control over it.
Selling bitcoin is a piece of cake and we pay out euros in minutes through SEPA.
We work with transparent pricing. There are no fees or hidden costs. What you see is what you get.
Here’s what some of our customers say about our work
At SATOS, we protect the decentralized and pseudonymous nature of cryptocurrencies such as bitcoin. We think it is important that you learn how to create your own bitcoin wallet and how to store, send and receive bitcoins yourself.
We never ask for more personal information than we are legally obliged to request from you and we only use this information to prevent fraud, money laundering and other criminal activities.
Are you not yet in possession of your own Bitcoin wallet? Creating a wallet is simple and can be arranged in no time! We explain this process step-by-step on our Bitcoin wallet page.
The pricing of Bitcoin and other cryptocurrencies is extremely volatile. It is not unusual for exchange rates to soar or crash over a single day. So how do you determine the right moment to sell or buy Bitcoin? Well, that's entirely up to you! The only advice we can give you is that no one has a monopoly on the truth. As such, it is crucial that you do your own research. Would you like to know more about the dynamics behind the current Bitcoin rates, and which factors are of influence? Then feel free to have a look at our Bitcoin price chart.
We generally process orders within 15 minutes. Keep in mind that if this is your first transaction on our platform, that you may need to complete a couple of one-time verification steps. Fortunately, this is a one-time process: once you have completed this, you will be able to sell and buy Bitcoin through SATOS without any delay. The amount in euros you will receive on your bank account is in principle fixed from the moment you complete the first step of the selling process.
The speed of the Bitcoin network is also a factor to take into account. If the system is currently facing a lot of traffic, it might take a bit longer before miners successfully add your transaction to the blockchain. This is partly dependent on the transaction fee you have selected. How does this work? Every block on the blockchain is limited in space. Therefore, miners need to choose which transactions they will process during the next block. Obviously, miners want to make as much profit as possible, which is why they will attempt to fill the blocks with transactions that have high fees. So, the higher your payment, the better the chances of your transaction being mined into the next block.
We are also dependent on the processing time of banks. Unfortunately, banks are generally not as fast as the Bitcoin network. It might take them a while to complete the processing of your order. Besides, banks are often closed on the weekends. It's possible that you will have to wait until the next working day before your euros appear on your bank account. As a rule of thumb, you can expect bank payments to be processed on the same day as long as they have been initiated before 3 PM. Payments sent after 3 PM are usually processed the next working day.
You will receive your payment on the next working day at the latest. This differs from bank to bank. SATOS generally processes orders within 10 minutes. If your bank supports instant payments, the money will nearly instantaneously appear on your account. Take a look at our terms and conditions to learn more about how we operate and what you can expect from us. We have done our best to keep them as short and understandable as possible. That way you know for sure that you'll never be confronted with unexpected surprises.
We do not put any daily limits. However, we do have a limit per transaction: 50,000 EUR. Of course, it is still possible to place consecutive orders of this amount.
Our minimum sales amount is EUR 50. We have introduced this minimum to offer our customers a fair rate for their cryptocurrencies. Below this amount, the transaction costs become disproportionately high.
No, SATOS stands by its Know Your Customer/Anti-Money Laundering (KYC/AML) procedure. The anonymous sale of cryptocurrencies violates the applicable laws and regulations. Please view our KYC / AML policy for more information.
The additional costs generally make up between 1.0 and 1.5% of the sales sum. This includes transaction costs.
Yes, you can. Do keep in mind that the agreed-upon rate only remains fixed for 15 minutes. If we receive your Bitcoin outside of this window, we will need to recalculate the price.
Yes, this is no problem! In select cases, we might request a recent extract from the Chamber of Commerce.
You can contact us seven days per week, either by phone, via email, through the live chat, or on social media. We are available between 10 AM and 10 PM.
No, SATOS does not provide tax authorities with any data. You are expected to communicate your received income to the tax authorities yourself.
Our accounts are administered by BUNQ. This allows us to offer you instant payment services. Are you also an account holder at a bank supporting instant payment? Then the money will appear on your account almost instantaneously.