How to sell ENS coins

To sell ENS coins, select a reputable exchange like Uniswap or Binance, create an account, deposit ENS, place a sell order, monitor its progress, and finally, withdraw the funds to your wallet.

Nov 27, 2024 at 05:37 pm

How to Sell ENS Coins

Step 1: Choose a Suitable Exchange or Platform

Uniswap is a decentralized exchange that allows users to trade ENS coins directly from their wallets. It offers a wide variety of trading pairs and competitive fees.
Binance is a centralized exchange that supports a wide range of cryptocurrencies, including ENS. It offers a user-friendly interface and various trading options.
Kraken is another centralized exchange that supports ENS trading. It offers a reliable and secure platform with low trading fees.
Coinbase is a popular cryptocurrency exchange that offers a simple and convenient way to trade ENS coins. However, the fees can be higher than on other platforms.

Step 2: Create an Account and Deposit Funds

Create an account on the chosen exchange or platform.
Deposit ENS coins into your account. This can be done by transferring ENS coins from a wallet or by purchasing them on the exchange itself.

Step 3: Place a Sell Order

Navigate to the trading interface of the exchange or platform.
Select the ENS trading pair (e.g., ENS/USDT).
Enter the amount of ENS coins you want to sell.
Choose an order type. Market orders execute immediately at the current market price, while limit orders allow you to set a specific price at which your order will be executed.
Review your order details and click the "Sell" button.

Step 4: Monitor and Cancel the Order

Monitor the progress of your sell order. You can cancel the order at any time if you change your mind.
Inspect the order book to check the current market depth and liquidity.
Wait for the order to be executed. Once the order is filled, the ENS coins will be sold and the corresponding amount of the base currency (e.g., USDT) will be credited to your account.

Step 5: Withdraw Funds

Transfer the funds from the exchange or platform to your preferred wallet.
Follow the withdrawal instructions provided by the exchange or platform.
Confirm the withdrawal transaction before completing it.

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