How to Sell BTC from Trust Wallet
1. Open Trust Wallet: Launch the Trust Wallet app on your mobile device. Ensure you have your wallet properly set up and backed up with your recovery phrase.
2. Select Bitcoin: On the main screen, locate and tap on Bitcoin (BTC). This will take you to the BTC wallet interface.
3. Tap on ‘Send’: To start the process of selling, tap on the ‘Send’ button. This allows you to transfer BTC from your Trust Wallet to an external address.
4. Choose a Cryptocurrency Exchange: Before sending BTC, you need to select a cryptocurrency exchange where you can sell your BTC. Some popular exchanges include Binance, Coinbase, Kraken, and Bitstamp. Ensure that the exchange supports BTC and has a good reputation.
5. Copy Your Exchange Wallet Address: Log in to your chosen exchange account. Go to the ‘Deposit’ section and select Bitcoin. You will be provided with a BTC deposit address. Copy this address carefully.
6. Paste the Address in Trust Wallet: Return to the Trust Wallet app. In the ‘Send’ section where you previously tapped, paste the BTC deposit address you copied from the exchange.
7. Enter the Amount: Specify the amount of BTC you want to send. Double-check the amount and ensure it matches what you want to transfer. Be aware of any minimum withdrawal limits set by the exchange.
8. Confirm the Transaction: After entering the amount and pasting the address, review the transaction details. Confirm the transaction by tapping the ‘Send’ button. You may be prompted to enter your security PIN or biometric authentication.
9. Wait for Confirmation: The transaction will be processed and sent to the blockchain network. You will need to wait for the transaction to be confirmed. This process can take anywhere from a few minutes to a few hours, depending on network congestion and transaction fees.
10. Check the Exchange for BTC: Once the transaction is confirmed, check your exchange account to ensure that the BTC has been deposited successfully.
11. Sell BTC for Fiat: On the exchange, go to the trading section. Select BTC and choose the trading pair you want to use (e.g., BTC/USD). Execute a sell order for the amount of BTC you transferred. You can choose between different order types, such as market or limit orders, depending on your preference.
12. Withdraw Fiat Currency: After selling your BTC, you will have fiat currency in your exchange account. Go to the ‘Withdraw’ section of the exchange, select the fiat currency, and enter your bank account details to transfer the funds.
13. Confirm Withdrawal: Review the withdrawal details and confirm the transaction. The fiat currency will be sent to your bank account or preferred withdrawal method.
14. Verify Completion: Check your bank account to ensure the funds have arrived. The time it takes for the funds to appear in your bank account can vary depending on the exchange and banking processes.
15. Secure Your Accounts: Finally, make sure your Trust Wallet and exchange accounts are secured with strong passwords and two-factor authentication to protect your funds.
By following these steps, you can successfully sell BTC from Trust Wallet and convert it into fiat currency or another cryptocurrency. Always ensure that you are using reputable exchanges and be cautious of potential scams or phishing attempts.
Summary: Selling BTC from Trust Wallet involves transferring your Bitcoin to a cryptocurrency exchange, selling it for fiat currency, and then withdrawing the funds to your bank account. Make sure to follow each step carefully to complete the transaction smoothly.
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