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how to sell bnb on trust wallet without binance
To sell BNB stored on Binance Smart Chain, you can use a decentralized exchange like PancakeSwap within the Trust Wallet app without involving Binance directly.
Nov 16, 2024 at 12:00 pm
How to Sell BNB on Trust Wallet Without Binance
- Set Up Your Trust Wallet:
Before you start selling BNB, you need to set up the Trust Wallet. Download the app, create an account, and ensure it's updated to the latest version. - Enable BNB Smart Chain(BSC):
BNB is stored on the Binance Smart Chain(BSC) and you need to enable it. In Trust Wallet, go to "Wallet," tap the top right corner, and select "Manage Wallets." Enable the toggle for "Binance Smart Chain." - Add BNB to Smart Chain:
Copy your BSC address by tapping on the "Receive" button next to BEP20(BSC). You can send BNB from an exchange or another wallet to this address. - Open PancakeSwap:
Go to the DApps section of Trust Wallet and open PancakeSwap. Connect your wallet by tapping on "Connect" and "Trust Wallet." - Choose a Currency Pair:
To sell BNB, you need to select a currency pair, such as BNB/BUSD or BNB/USDT. Tap on the "Swap" tab and then select the "From" and "To" currencies. - Set Amount and Check Slippage:
Enter the amount of BNB you want to sell and check the "Slippage Tolerance" percentage. It helps prevent errors. A higher slippage tolerance allows for more flexibility but might result in a slightly lower price. - Execute the Swap:
Review the transaction details, ensure you're satisfied with the price and slippage, and then tap "Swap" to execute the trade. You might need to confirm the transaction within Trust Wallet.
8.View the Transaction:
Once the swap is complete, you can view the transaction details in the "Activity" tab. You will receive the funds in the currency you selected as the "To" currency.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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