How to sell AXS coin? What are the methods of selling AXS coin?

To sell your AXS coins, you can utilize cryptocurrency exchanges like OKX and Binance, P2P marketplaces such as Paxful, or decentralized exchanges (DEXs) like Uniswap, following the specific steps outlined in the guide.

Oct 25, 2024 at 03:19 am

How to Sell AXS Coin: Comprehensive Guide to Exit Strategies

1. Sell on a Cryptocurrency Exchange:

• OKX: Supports AXS trading against various fiat and cryptocurrencies.
• Binance: Offers AXS-USDT, AXS-BUSD, and other trading pairs.
• KuCoin: Lists AXS with multiple trading options, including spot, margin, and futures.

Steps:

1. Register an account on the exchange.
2. Fund your account with the supported fiat currency or cryptocurrency.
3. Search for the AXS trading pair you wish to sell.
4. Place a sell order at the desired price.
5. Once the order is filled, the AXS will be sold, and the proceeds will be credited to your account.

2. Sell on a P2P Marketplace:

• Paxful: Allows users to buy and sell AXS directly with other users.
• LocalBitcoins: Facilitates peer-to-peer AXS trades in various countries.

Steps:

1. Create an account on the P2P marketplace.
2. Find a seller offering AXS at a favorable price.
3. Initiate a trade and provide the payment details.
4. Once the seller confirms the payment, you will receive the AXS.

3. Sell on a Decentralized Exchange (DEX):

• Uniswap: A popular DEX for swapping cryptocurrencies, including AXS.
• Pancakeswap: A decentralized exchange on the Binance Smart Chain that offers AXS trading.

Steps:

1. Connect your wallet to the DEX.
2. Navigate to the AXS/USDT or AXS/BUSD trading pair.
3. Specify the amount of AXS you wish to sell.
4. Confirm the transaction and pay the gas fees.
5. Once the transaction is confirmed, the AXS will be swapped for the desired cryptocurrency.

Additional Tips:

• Research the exchanges: Choose a reputable exchange with high liquidity and security measures.
• Monitor market prices: Keep an eye on the AXS price fluctuations to sell at the most opportune time.
• Use a stop-loss order: Place a stop-loss order to protect your profits if the AXS price falls significantly.
• Beware of scams: Be wary of fake exchanges or P2P traders trying to scam users.