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How to sell ENJ coins? What are the methods of selling ENJ coins?
To sell Enjin coins (ENJ), create an account on a reputable cryptocurrency exchange, transfer your ENJ coins to the exchange, place a sell order (limit, market, or stop-limit), confirm the transaction, and withdraw the funds.
Oct 06, 2024 at 02:12 am
How to Sell Enjin Coins (ENJ)
Step 1: Choose a Cryptocurrency Exchange
Several reputable cryptocurrency exchanges allow you to trade ENJ coins, including:
- Binance
- Coinbase
- Kraken
- Huobi Global
- FTX
Step 2: Create an Exchange Account
Once you have chosen an exchange, create an account by providing your personal information, email address, and phone number. Verify your identity as required by the exchange.
Step 3: Transfer ENJ Coins to the Exchange
If your ENJ coins are stored in a wallet external to the exchange, you will need to transfer them to your exchange account. Obtain the exchange's wallet address for ENJ deposits and send your coins to that address.
Step 4: Place a Sell Order
Log into your exchange account and navigate to the trading interface. Select the ENJ/USDT or ENJ/BTC trading pair (depending on the exchange).
a. Limit Order:
Set a specific price at which you want to sell your ENJ coins. When the market price reaches your set price, your order will be executed.
b. Market Order:
Sell your ENJ coins immediately at the current market price.
c. Stop-Limit Order:
Set a stop price at which you want to sell your ENJ coins. When the market price falls below the stop price, a limit order will be placed at a predetermined price.
Step 5: Confirm the Sale
Review the details of your sell order, including the quantity of ENJ coins you are selling, the price, and the fees. Confirm the transaction to complete the sale.
Step 6: Withdraw Funds
After selling your ENJ coins, you can withdraw the proceeds to your bank account or another cryptocurrency wallet supported by the exchange.
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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