Step by Step Guide to Selling Binance Coin
Most users who sell BNB do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately can’t sell BNB directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare payout in fiat currency like Euros or Canadian dollars.
To sell Binance Coin, simply follow these steps:
- Signing up with an altcoin exchange is the easiest way to sell Binance Coin for Bitcoin or Ethereum, which means you can cash out faster.
- Sell Binance Coin for Bitcoin or Ethereum
- Bitcoin and Ethereum are the two most widely used cryptocurrencies, so you should have easier access due to their higher volume and liquidity.
- Transfer your Bitcoin or Ethereum to Coinsquare after signing up and verifying your account
- Deposit to your Coinsquare account by clicking “Deposit” in the top menu and then following the instructions for Bitcoin or Ethereum, depending on which currency you want to deposit with.
- Sell your Bitcoin or Ethereum for fiat currency, such as euros or Canadian dollars, using Quick Trade.
- Quick Trade is located on the left side of your Coinsquare dashboard. You can sell any cryptocurrency on our platform in just three clicks.
- Have your Euro or Canadian Dollar amount withdrawn directly from Coinsquare to your bank account.
- To do so, click on “Withdraw” in the top menu bar on your dashboard and follow the instructions.
Cash out Binance Coin in minutes
Connect your Binance Coin wallet, see our live lump sum rate and confirm.
- Get your money converted into 14 currencies to your bank account in 172 countries.
- No hidden costs
- What you see is what you get
- Successful withdrawal of funds to 500+ banks around the world.
No identification required
We are an approved financial intermediary and our regulation allows KYC-free currency exchange below certain thresholds. Therefore, you can sell BNB with us without having to pass KYC below the following thresholds. You can still pass it and remove these limits for unlimited transfers.
Binance Coin Wallet
Registered users have free access to the Bitcoin Store Wallet (digital wallet), where you can store all cryptocurrencies from our offer. Make deposits and withdraw funds or transfer cryptocurrencies to other digital wallets easily.
- Store Binance Coin securely in the Bitcoin Store wallet.
- Pay out Dollar to your bank account
- Track the status of your investments in real time