How to sell shib at Dubai OKX

To sell Shiba Inu (SHIB) at Dubai OKX, simply create an account, verify your identity, deposit SHIB into your wallet, select the SHIB/USDT trading pair, enter the desired sale amount, and confirm the transaction.

Oct 19, 2024 at 05:24 pm

How to Sell Shiba Inu (SHIB) at Dubai OKX

OKX is a leading cryptocurrency exchange platform that offers a wide range of trading options, including the ability to sell Shiba Inu (SHIB). Here is a detailed step-by-step guide on how to sell SHIB at Dubai OKX:

Step 1: Create an OKX Account

• Open the Dubai OKX website (https://www.okx.com/en-ae/) and click on "Sign Up."
• Enter your email address or phone number, create a password, and follow the on-screen prompts to complete the registration process.

Step 2: Verify Your Identity

• For security reasons, OKX requires you to verify your identity before you can trade SHIB.
• Click on "Verify Account" in the top-right corner and follow the instructions to upload your government-issued ID and a selfie.

Step 3: Deposit SHIB to Your Account

• Once your account is verified, you need to deposit SHIB to your OKX wallet before you can sell it.
• Click on "Wallet" in the top-right corner and select "Deposit."
• Enter the SHIB blockchain address and the amount of SHIB you want to deposit.
• Follow the on-screen instructions to complete the deposit process.

Step 4: Sell SHIB

• Click on "Trade" in the top-left corner and select "Spot Trading."
• In the search bar, type "SHIB/USDT" and select the SHIB/USDT trading pair.
• Enter the amount of SHIB you want to sell and click on the "Sell" button.
• Review the transaction details and confirm the sale.

Step 5: Withdraw Your Funds

• Once the SHIB sale is complete, you can withdraw your USDT to your bank account or other external wallet.
• Click on "Wallet" and select "Withdraw."
• Select USDT as the withdrawal currency, enter the amount you want to withdraw, and provide the withdrawal address.
• Follow the on-screen instructions to complete the withdrawal process.

Additional Tips:

• Check the current market price of SHIB before you sell to ensure you are getting a fair price.
• Use limit orders to specify the desired price at which you want to sell SHIB.
• Consider using OKX's mobile app for convenient and secure trading on the go.
• Store your SHIB in a secure wallet for long-term storage.