How to sell ZEN coins? What are the methods of selling ZEN coins?

To sell ZEN coins, choose a cryptocurrency exchange, create an account, deposit your coins, navigate to the "Spot Trading" section, and sell using a market or limit order and withdraw the profits.

Oct 16, 2024 at 01:54 am

How to Sell ZEN Coins: Comprehensive Guide

1. Choose a Cryptocurrency Exchange

• Binance
• Kraken
• KuCoin
• Huobi

2. Create an Account

• Visit the exchange's website and register for an account.
• Provide your personal information, including name, email address, and phone number.
• Verify your identity through KYC (Know-Your-Customer) procedures.

3. Deposit ZEN Coins

• Send ZEN coins from your personal wallet to the exchange's deposit address.
• Use the exchange's unique address for ZEN coins.

4. Sell ZEN Coins

Option 1: Spot Trading

• Navigate to the "Spot Trading" section.
• Search for the ZEN/USDT (or ZEN/BNB) trading pair.
• Enter the amount of ZEN coins you want to sell.
• Choose a sell price.
• Click "Sell."

Option 2: Market Order

• On the same trading pair page, choose "Market Order."
• Enter the amount of ZEN coins you want to sell.
• Click "Sell."
• Your coins will be sold at the current market price.

5. Withdraw the Profits

• Once your ZEN coins have been sold, you can withdraw the proceeds from your exchange balance.
• Navigate to the "Withdraw" section.
• Select your preferred currency and withdrawal method.
• Enter the withdrawal amount and recipient's information.
• Click "Withdraw."

Additional Tips

• Consider market conditions and price fluctuations to optimize your selling strategy.
• Monitor your sell orders regularly to ensure they are executed as planned.
• Store a portion of your ZEN coins in a cold wallet for long-term security.