Are you aware of crypto? Are you a member of the crypto world? Want to send crypto on crypto.com?
Crypto is also called cryptocurrency is a form of currency that exists both digitally or virtually, and for secure transactions it uses cryptography. It’s a digital payment system that doesn’t rely on any banks or anything its transactions are totally independent.
This payment method is peer-to-peer so money can send or receive from any corner of the world to another. Nowadays carrying physical money with you is a bit risky so you can make money in the form of cryptocurrency. It has pure online database digital entries. Cryptocurrency has its wallet and the funds are saved in those wallets. The first cryptocurrency was Bitcoin which was founded back in 2009 and is the best cryptocurrency until now.
How Does Cryptocurrency Work?
Blockchain is the distributed public ledger on which this cryptocurrency runs, currency holders hold the record of each and every transaction. Mining can be used to generate units of cryptocurrency. Brokers are also there to sell the currencies and then buyers can save it in a cryptocurrency wallet and then spend it.
Cryptocurrency Example
Thousands of examples are available for cryptocurrency, some are as follows:
1. BITCOIN
It was the first cryptocurrency and was founded in 2009, and still, Bitcoin trading is the number 1 trader. Its currency was developed by Satoshi Nakamoto, which is might be a group of people whose real identity is still unknown.
2. LITECOIN
It’s mostly similar to Bitcoin. But its Innovations are made very quickly, which includes faster payments and processes to allow more and more transactions.
3. RIPPLE
Founded in 2012, distributed ledger system. This system is also used to track down different transactions. Many banks and financial institutes are working with ripple companies.
4. ETHEREUM
Ethereum is a blockchain platform developed in 2015, and it has its own cryptocurrency which is known as Ether(ETH). After Bitcoin, its popularity is at its peak level.
There are many platforms that have very simple selling methods which will be easy for beginners. Crypto.com is one of them. This platform provides the user in-built selling option with a desktop.
You can sell crypto on crypto.com while using a desktop, android app, or IOS. This article will give you the details about selling crypto on crypto.com while using these.
Selling Crypto On Crypto.com on a Pc:
You have to use the desktop app for the exchange of cryptocurrency if you want to do the selling on your PC, you will need a crypto.com exchange.
Before doing anything selling or buying firstly you have to check whether you are at a higher level or starter level of your account. If you are using a starter account, you have to enter each and every personal details for decentralized exchange, it’s a security confirmation before doing any transaction.
If you want to grow your cryptocurrency you have to upgrade your account to an advanced higher level. But this will come with extra trading perks that enable secure transactions. You don’t have to refill your personal information before every sale you don’t have to do it again and again. For upgrading your account you have to provide your further details like number, and nationality.
Once your account is verified. You can start your selling.
Here are the main steps
1. Open crypto.com/exchange and select the login option in the top right of the page.
2. When you log in, you will be able to use it for trading.
3. Navigate to the upper left corner of the Market page.
4. Select the market you have to do the transaction.
5. Choose your preferred transaction pair.
6. Select the coin you wish to sell.
7. Press TRADE.
8. Tap the type of order you want in the lower right place of the screen.
9. After adding the estimated value. Press the red sell button.
How to Sell Crypto On Crypto.com On IOS:
Crypto.com iOS is easy to use and comes with a free trial of 30 days. In that period there will be no transaction fee. To sell crypto on crypto.com while using IOS these steps will be followed:
1. Open your account “balance”
2. Select the “trade” option
3. Select the “sell” option
4. Pick the currency you want to sell
5. Select “crypto wallet” for initiation of transactions
6. On the confirmation page enter the token numbers you want to sell
7. Then tap the blue confirm button
Epilogue:
This article will provide you the information about how to sell your cryptocurrency on crypto.com while using desktop and IOS devices. Both devices have their own ways to do it. Selling Cryptocurrency is a straightforward thing you just have to be focused. There are some apps that will help you to do the sales of your crypto.