Sell crypto for cash, without the risk

Creating the deal

The form asks for four things:

• What you sell, and the price. The token, the network and the amount, and what the buyer pays you by bank, in any of 62 currencies. When the deal is created, the last digits of the price change slightly, for example 500.00 becomes 500.03, so you can spot their payment.
• Your wallet. Use one you can sign with, like MetaMask or Trust Wallet, not an exchange address: you release the crypto from it, and it comes back there if the buyer doesn't pay.
• The buyer. Their full name as on their bank account, so you can recognise their payment, and their wallet. Leave the wallet empty and they add it when they open your link.
• How they pay you. Your bank account number or IBAN, shown to the buyer as where to pay. And your email: if you use Wise or Revolut, the one on that account. It's never shown to the buyer.

Optional: a bank QR code the buyer can scan, like UPI, Pix, PromptPay, PayNow or a SEPA QR.

Is their bank transfer slow? Selling USDC, USDT or DAI, you can give the buyer 24 hours or 3 days to pay, under Time for the buyer to pay. If they don't pay, your crypto stays locked until that time and 2 more hours, then comes back to you. Coins whose price moves keep 30 minutes, so a buyer can't wait to see where the price goes.

Locking from an exchange? The deal needs the full amount, so add the exchange's withdrawal fee on top. Always send the token and network shown on the deal page.

If the buyer doesn't pay

• Before you lock: you can cancel the deal at the bottom of its page, in the browser you created it in. Nothing is charged.
• After you lock: the buyer has 30 minutes from when you created the deal to pay, or the longer time you picked. You then have 2 more hours to see the money and release the crypto.
• Nobody released it by then? The crypto comes back to your wallet, with no fee. For a 30-minute deal, that's about 2½ hours after you created it. The deal page shows the exact time.

The money arrived late? You can still release the crypto until the refund time on the deal page, or send the money back to the buyer.

They paid a bit less? Ask them to send the difference, and release once both payments are in your account. A bit more? Send the extra back to them.

Selling on the offer board

Post an offer and buyers you don't know can take it. On the Offers page, click Sell crypto for cash.

• Your offer: the token and network, the smallest and largest deal, the currency (USD, EUR or GBP) and your price. You sign it with your wallet, and can change or remove it any time. It stays up for 7 days unless you renew it.
• Telegram, once: the bot messages you each time someone takes your offer, with the deal link.
• Lock within 30 minutes of the message. Can't? Decline it from the link. Two deals not locked in time within 7 days pause your offers.
• The buyer proves the payment with the Payment Prover, which checks it came from their own Wise account, and the crypto is released by itself. A bank email doesn't release these deals.
• Releasing by hand? Only for money from the buyer's own account, in the name the deal shows.

Staying safe

• Release only once the money shows as received in your own bank app, not pending. A screenshot or a "payment sent" email from the buyer isn't proof.
• Check who paid, not just the amount. It should be the buyer's name on the deal (banks often shorten names). If someone else paid, ask the buyer before you release.
• Sell to people you know. Banks can take a payment back in a fraud case, for example when a scammer tricked someone else into paying you.
• Never share your seed phrase or private key. SettlePact never asks for them, and releasing never needs them.

More on common tricks: avoiding P2P crypto scams.

Fees

0.75% of the deal, of which 0.10% comes back to you, so 0.65% net, with a $1.00 minimum. It's taken from the deal itself: you never pay it separately. Refunds and cancelled deals are free.

You also pay the normal network fee to lock the crypto, usually a few cents. The release and the refund are sent for you.