How Do I Sell Coins on Binance?
There are a handful of joys when dealing with cryptocurrencies, one of which is when you buy and watch your purchase increase in value. Selling your selected crypto to boost your assets is another joy, and Binance.US makes selling easier through direct sells or trading. Your account is also safe and secured, with help a click away.
Purchasing small amounts of cryptocurrency can lead to a large investment, but what are your options when you're ready to take advantage of your payday and want to sell? Binance.US has a few choices for you. Read on to learn more.
Your Options
P2P trading and direct selling are options at Binance.US. If you want to sell, click on the Buy Crypto button on the upper left-hand corner of the screen. Then, click on the Sell tab in the middle of the window and select the coin type you want to sell.
Click on the zero and type in the dollar amount you wish to sell. Please note that all orders must be at least $20 USD. Select the Sell Button after confirming the transaction details. You can verify the order in the Buy and Sell history page, and the funds from the sale will be deposited in your Binance.US wallet balance. Trading is a bit more complicated and is explained in the next section.
Trade: Sell BTC to USDT
Binance.US also has trading platform in its interface, along with user guides showing you how to complete a limit order. Sign into your account and click on the Trade tab, then select Advanced from the drop-down menu. Feel free to review the market data. Click on the red Sell BTC button on the bottom right-hand corner and verify that the pair you selected was selling BTC to USDT.
Please keep in mind that limit orders take some time to process. If you have any questions, contact Binance.US support here anytime.
Some FAQs to Know
It's important to note that if the price of BTC changes during your direct selling transaction, your account will be credited the original dollar amount. The platform can only honor commitments of the original market price at the start of the transaction.
If you're unable to withdraw or sell some of your assets, check to see if you purchased them using your bank account or debit card. If so, there's a 10 day hold to verify the bank will honor the purchase and you'll have access after the hold has been lifted.
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