How Do I Sell Coins on Gemini?

If you're looking to sell your coins on the Gemini exchange, you need to follow a few simple steps. This post will walk you through the process of selling your coins on Gemini and provide some tips to make it as smooth as possible. Let's get started.

Sell Through the Gemini Cryptocurrency Exchange

First, create an account on the Gemini exchange. Once you've done that, you'll need to deposit your coins into your account to generate a deposit address for the coins you're looking to sell.

Once your coins are deposited in your account, you can start selling them by placing an order on the Gemini exchange. You'll need to follow these steps:

1. Click on "Sell" from the Gemini homepage

2. Select the coin you're looking to sell from the "Coin" drop-down menu.

3. Next, you'll need to enter the number of coins you want to sell in the "Amount" field

4. Set your desired price in the "Price" field. Once you're happy with your order, click on the "Sell" button to place your order.

Your order is placed on the Gemini exchange and will remain open until it's either filled by another user or you cancel it. Once your order is filled, you'll receive the payment in cryptocurrency or fiat currency, depending on what you selected when placing your order. Contact customer support when an issue arises.

Sell Through the Gemini App

If you're looking to sell your coins on the Gemini exchange, you can also do so through the Gemini mobile app. The process for selling your cash through the app is similar to that of the website. Once you've downloaded the Gemini mobile app and logged in to your account, you'll need to deposit your coins into your account.

You'll need to generate a deposit address for the coin you're looking to sell. Once your coins are deposited in your account, you can start selling them by placing an order on the Gemini exchange. To do this, here are the steps to consider:

1. Click on the "Buy/Sell" tab from the bottom menu of the app.

2. Select the coin you're looking to sell from the "Coin" drop-down menu. Engage customer support when an issue arises.

3. Next, you'll need to enter the number of coins you want to sell in the "Amount" field.

4. Set your desired price in the "Price" field. You can choose to sell the maximum or enter the amount. It's crucial to enter the amount in terms of bitcoin. For example, if you want to sell 1 Ethereum, you need to enter the amount in terms of bitcoin. The current price of 1 Ethereum is 0.028 BTC. So you'll need to enter 28 mBTC in the "Amount" field. You can also sell all your coins by clicking on the "Sell Max" button.

5. Once you're happy with your order, click on the "Sell" button to place your order.

Your order will now be placed on the Gemini exchange and will remain open until it's either filled by another user or you cancel it. Once your order is filled, you'll receive the payment in cryptocurrency or fiat currency, depending on what you selected when placing your order.

When selling your coins on Gemini, it's always good to use limit orders. This will ensure that you get the price you're looking for when selling your coins. Call customer support when something comes up.