How to sell ORAI coin safely? ORAI coin safe sale operation process

To sell ORAI coin safely, create an account on a reputable exchange, deposit your coins, place a sell order, monitor its status, withdraw funds, and follow additional security tips like using 2FA and keeping private keys secure.

Oct 02, 2024 at 09:30 pm

How to Sell ORAI Coin Safely:

Step 1: Create an Account on a Cryptocurrency Exchange

• Choose a reputable exchange, such as Binance, OKX, or Huobi.
• Create an account by providing your personal information and completing the KYC process.

Step 2: Deposit ORAI Coins into Your Exchange Account

• Log into your exchange account and navigate to the deposit section.
• Select ORAI coin and generate a deposit address.
• Transfer your ORAI coins from your wallet to the exchange's deposit address.

Step 3: Create a Sell Order

• Once your ORAI coins are credited to your exchange account, navigate to the trading section.
• Select the ORAI/stablecoin or ORAI/fiat pair.
• Set the price and amount of ORAI coins you want to sell.
• Click the "Sell" button to place your order.

Step 4: Monitor Your Order

• Your sell order will be filled when there is a willing buyer.
• You can monitor the status of your order through the exchange's order history or trading interface.

Step 5: Withdraw Funds

• Once your order is filled, the proceeds from the sale will be credited to your exchange account.
• Withdraw these funds to your personal bank account or cryptocurrency wallet.

Additional Tips for Safe ORAI Coin Sale:

• Use a reputable exchange: Ensure the exchange you use is well-established and has a strong security track record.
• Enable two-factor authentication (2FA): Add an extra layer of security to your account by enabling 2FA.
• Be cautious of phishing attempts: Never click on links or provide your login credentials to unfamiliar emails or messages.
• Keep your private keys secure: Store your private keys offline in a secure location.
• Monitor market conditions: Stay informed about the latest market trends and make informed decisions about when to sell.
• Consider using a limit order: A limit order allows you to specify the price at which you want to sell your ORAI coins. This can prevent you from selling at an unfavourable price.