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fil coin selling process

May 09, 2024 pm 05:15 PM
cryptocurrencyusdtexchange

To sell FIL coins through a cryptocurrency exchange, the specific steps include: Choose an exchange that supports FIL coin trading and has a good reputation. Register an account and verify your identity. Deposit FIL coins into the exchange. Create a sell order, entering the quantity, order type and price. Waiting for the order to be executed, FIL coins will be sold. Earnings are deposited into your exchange account and can be withdrawn to external wallets.

fil coin selling process

FIL coin selling process

How to sell FIL coin?

Selling FIL coins requires the following steps through a cryptocurrency exchange:

Step 1: Select an exchange

Select An exchange that supports FIL coin trading and has a good reputation. Some popular options include Binance, Coinbase, and FTX.

Step 2: Register an account

Register an account at the exchange of your choice and provide necessary personal information and verify identity.

Step 3: Deposit FIL

Transfer your FIL coins from your wallet or other exchange to your account on the exchange.

Step 4: Create a sell order

Access the exchange’s trading interface, select FIL/trading pair (e.g. FIL/USDT), and create a sell order:

  • Enter the amount of FIL you want to sell.
  • Select the order type (such as market order or limit order).
  • Set price (limit order only).
  • Click the "Sell" button.

Step 5: Wait for order execution

The exchange will match your order with the buyer's order. Once matched, the order will be executed and FIL coins will be Sell.

Step 6: Withdraw profits

After the order is executed, your profits will be deposited into your exchange account. You can choose to keep your earnings on the exchange or withdraw them to an external wallet.

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