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How to sell coins and withdraw money on Gemini exchange

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2024-08-27 18:02:02938browse

On Gemini Exchange, to sell coins, you need to select the trading pair, enter the selling quantity, set a limit or market order and click the "Sell" button. To withdraw money, you need to go to the "Withdrawal" page, select the withdrawal method, enter the amount and address, and click the "Submit Withdrawal" button.

How to sell coins and withdraw money on Gemini exchange

Gemini Exchange coin selling and withdrawal tutorial

How to sell coins?

To sell coins on the Gemini exchange, you need to follow the following steps:

1. Go to the "Trading" page

After logging in to your Gemini account, click the "Trading" tab at the top of the page.

2. Select a Trading Pair

In the "Trading Pair" drop-down menu, select the trading pair between the cryptocurrency you want to sell and the fiat currency you want to receive. For example, BTC/USD means you will be selling Bitcoin in exchange for USD.

3. Enter the sell amount

In the "Sell" box, enter the amount of cryptocurrency you want to sell.

4. Set a limit or market order

  • Limit order: Allows you to specify a specific price at which you want to sell.
  • Market Order: Sell your cryptocurrency instantly at the current market price.

5. Click the "Sell" button

When done, click the "Sell" button to execute the trade.

How to withdraw cash?

1. Go to the “Withdrawal” page

From the “Trading” page, click on the “Withdrawal” tab at the top of the page.

2. Select the withdrawal method

In the "Withdrawal Method" drop-down menu, select the fiat currency you want to use for withdrawal.

3. Enter the withdrawal amount and address

In the "Amount" box, enter the amount you want to withdraw. In the "Address" box, enter your bank account number or other address that accepts fiat currency.

4. Click the "Submit Withdrawal" button

When completed, click the "Submit Withdrawal" button to process your request.

Note:

  • Make sure you have completed identity verification in your Gemini account.
  • Withdrawals may take some time to process, depending on the withdrawal method selected and network conditions.
  • Gemini will charge withdrawal fees, which vary depending on the withdrawal method and amount.

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