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How to sell fil coins

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May 09, 2024 pm 08:14 PM

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FIL currency realization methods include: selling through exchanges (CEX, DEX), OTC platform matching, mining pool realization, payment gateway payment, and lending platform mortgage borrowing. Realization process: choose a method, transfer to the platform, select transaction options, and complete the transaction. Pay attention to transaction fees, market fluctuations, and choose a reputable platform to stay safe.

How to sell fil coins

How to Realize FIL Coin

FIL Coin, as the native token of the Filecoin protocol, can be easily monetized in a variety of ways. Common channels are introduced below:

1. Exchange liquidity

Centralized exchange (CEX): Binance, Huobi Well-known CEX such as , OKEx and so on support FIL currency trading. Users can register and open an account, transfer FIL currency to the exchange, and then sell it into legal currency or other cryptocurrencies.
Decentralized Exchanges (DEX): PancakeSwap, Uniswap and other DEXs allow users to directly exchange FIL coins with other cryptocurrencies without the need for an intermediary.

2. Over-the-counter (OTC) platform

The OTC platform provides over-the-counter trading channels, connects buyers and sellers, and allows users to directly negotiate FIL coins prices and transaction methods. Some of the mainstream OTC platforms include LocalBitcoins, Paxful, Binance P2P, and others.

3. Mining pool monetization

For FIL miners, the mined FIL coins can be sold directly to the mining pool. Mining pools typically offer stable prices and fast payouts, but may charge certain transaction fees.

4. Other methods

#Payment gateway:Some gateways support the use of FIL coins for online payments, such as Coinbase Commerce, NOWPayments .
Lending platforms: Lending platforms such as Nexo and Celsius allow users to mortgage FIL coins to borrow fiat currencies or other cryptocurrencies.

Liquidation process

The process of realizing FIL coins is usually as follows:

Choose the appropriate method based on cost and security and convenience considerations.
Transfer FIL coins to the corresponding platform (exchange, OTC platform or mining pool).
Select the sell or exchange option, enter the quantity and price.
Complete the transaction and receive fiat currency or other assets.

Notes

Transaction fees: Each monetization method may charge different transaction fees, please compare carefully .
Market Fluctuation: The price of FIL currency may fluctuate, and market conditions need to be evaluated before liquidation.
Safety: Make sure to choose a reputable platform and keep your account and funds properly.

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