What is the process of selling wrapped luna?

1 answers

• Mahshin IslamNov 02, 2024 · a year ago
  Selling wrapped luna is a simple process that can be done on various cryptocurrency exchanges. One popular exchange that supports wrapped luna trading is BYDFi. To sell wrapped luna on BYDFi, you need to create an account and complete the necessary verification process. Once your account is set up, you can deposit your wrapped luna tokens into your BYDFi wallet. From there, you can place a sell order, specifying the amount of wrapped luna you want to sell and the desired price. When a buyer matches your sell order, the transaction will be executed, and you will receive the corresponding amount of the base currency in your BYDFi wallet. You can then choose to withdraw the funds to your personal wallet or keep them on BYDFi for further trading.
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