Cryptocurrencies

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How to sell FET coin safely? Operation process of safe sale of FET coin

To safely sell your FET coins, select a reputable exchange like Binance or Coinbase, verify your account, transfer your FET to the exchange, place a sell order at your desired price or market value, and confirm the transaction to complete the sale.

Oct 09, 2024 at 02:42 am

How to Sell FET Coin Safely: A Step-by-Step Guide

1. Choose a Reputable Exchange

Select a platform with a proven track record, high security measures, and ample liquidity.
Research exchanges carefully, read reviews, and consider their fees and trading volume.
Consider popular options like Binance, Coinbase, or FTX.

2. Register on the Exchange

Create an account on the chosen exchange.
Provide personal information, verify your identity, and set up two-factor authentication for added security.
Fund your account using supported payment methods (e.g., bank transfer, credit card).

3. Transfer FET to the Exchange

Withdraw FET coins from any existing wallets (e.g., hardware wallet, software wallet).
Copy the exchange's deposit address for FET.
Transfer your FET from the originating wallet to the exchange's deposit address.

4. Place a Sell Order

Once FET is deposited, navigate to the trading page for FET/USDT, FET/BTC, or FET/USD (check exchange offerings).
Select "Sell" and enter the desired amount or market sell (sell all currently held FET).
Set the desired price or accept the current market rate.
Review and confirm the order details.

5. Execute the Sell Order

Click on "Sell FET" or "Confirm Sale" to place the sell order.
The exchange will match your order with available buy orders.
Once the trade is executed, the FET will be sold, and the proceeds (in USDT, BTC, or USD) will be credited to your exchange account.

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