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How to sell etc coins

May 09, 2024 am 09:45 AM
cryptocurrencyBinanceexchangeHuobitrading platform

To sell ETC coins, you need to perform the following steps in sequence: Select a trading platform that provides ETC trading services. Create an account and top up ETC. Create a sell order, enter the ETC quantity and quote. Select the trade type: market order or limit order. Place your order and confirm transaction details. Withdraw fiat or cryptocurrencies.

How to sell etc coins

ETC currency selling method

To sell ETC coins, you can follow the following steps:

1. Select the trading platform

Choose a reputable trading platform that provides ETC trading services, such as Binance, Huobi or Kraken. These platforms typically support multiple fiat and cryptocurrency trading pairs.

2. Create an account and recharge ETC

Create an account on the selected trading platform and recharge ETC through transfer or other methods. Make sure your ETC coins are stored in a wallet address supported by the exchange.

3. Create a sell order

On the trading platform, find the ETC/Fiat currency or ETC/Cryptocurrency trading pair. Click the "Sell" tab and enter the amount of ETC you want to sell, and the price you want to receive.

4. Select transaction type

There are two main transaction types to choose from:

  • Market order: Execute the transaction immediately according to the current market price.
  • Limit Order: Execute a trade when a specified price is reached or exceeded.

5. Place an order

After confirming the transaction details, click the "Place Order" button. The platform will process your order and execute the transaction when your requirements are met.

6. Withdraw fiat currency or cryptocurrency

Once the transaction is completed, you can withdraw fiat or cryptocurrency to your personal account or wallet.

Precautions:

  • Make sure the trading platform supports your fiat currency or cryptocurrency.
  • Check transaction fees and exchange rates before placing an order.
  • If the market is volatile, using a limit order can protect yourself from losses.
  • Keep transaction records for future tax purposes.

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