How to sell on BitMart | Step by Step Guide

The question “How do I sell on BitMart” has become popular with members of the community and in this guide, we’ll walk you through how to do just that.

If you stick with this guide, you’ll have everything you need for an easy and quick buying and selling process on BitMart.

What is BitMart?

BitMart is a digital asset trading platform, which provides users with safe, professional and convenient cryptocurrency trading services.

The BitMart Exchange opened for global users at 17:00 on April 8th, 2018 (GMT+8). The BitMart Exchange has multiple functions, such as transaction, deposit/withdrawal, and listing of digital assets.

It also provides users with service features including but not limited to API, hot and cold wallet system, and market analytics tools.

It has over 50,000 users and has achieved a daily trading volume of $3.5 million. That’s not all; it also has a daily new user registration rate of 350+/day and it has an Alexa ranking of #2,417 globally.

BitMart Exchange is one of the best places to sell your cryptocurrency, tokens or digital assets. It’s also a great place to start buying if you’re new to the world of cryptocurrency.

How to sell on BitMart

BitMart exchange can be installed on your phone. The interface is very user-friendly, and there are seven main categories in the left-hand column: market, hot, new, trading, order book, account and history.

The first three are the heart of the app; they allow you to purchase cryptocurrencies with a credit card or via a bank transfer from your account in US dollars (or other fiat currencies) and to sell them back.

Step 1 of How to sell on BitMart: Create A BitMart Account

Creating an account on BitMart is easy and takes just a few minutes. To create an account on BitMart Exchange, you’ll need to click the “Sign Up Now” button on the homepage at www.BitMart.com.

 create BitMart account

Make sure that your username is available on the platform, and that there are no other users with the same name. You can register using your Facebook account or email.

To complete the registration process, you will be required to provide an active phone number and confirm your mobile number with an OTP.

You may also need to provide proof of personal information (e.g. identification) before your account is approved. However, this depends on the jurisdiction of your residence.

Once your account is approved and confirmed, you can purchase coins, trade and sell assets as well. To sell an asset, you need to have one (asset) before you can sell. “You can only sell what you own”.

You can own an asset on BitMart by buying on the platform or getting from someone, to buy on the platform, you need to fund your account.

Below is how to fund your BitMart account.

How to fund your BitMart Account

There are two ways to fund your BitMart account: fiat and cryptocurrency. Which way you choose depends on your country and which currencies are available for purchase.

There are several countries where BitMart does not support fiat deposits or withdrawals (e.g. India, Singapore, Hong Kong, etc.), in these cases users can only deposit cryptocurrencies supported by BitMart to their accounts.

In the US and Europe, you can deposit USD with SEPA transfers, wire transfers and credit cards. Cryptocurrency deposits include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Litecoin etc.

Most people find it difficult to fund their accounts on BitMart due to its strict policy. To avoid fund rejection and make your investment smooth, here are the three things you should not do when making a deposit.

1) Do not use more than one account to make a deposit.

2) Do not send more than one transaction per hour.

3) Do not use multiple accounts to send transactions at the same time.

Once you obey all of this, you can safely fund your account through the following process.

Go to the home page (bottom of the app) on your device, you will see “Market” option.How to fund your BitMart Account

 

Click on Market to buy your desired coin. You can buy fiat or cryptocurrency, you can also buy any amount you want using your preferred currency pairs.

Let’s say you want to buy SAFEMOON USDT pair, On the Market page under USDT, search for SAFEMOON.

Buy safemoon on Bitmart app

From this point, you can buy SAFEMOON.

It is important to note that you must have a fiat currency (say USDT) before you can buy any coin. Once you complete your purchase, you now have an asset, you can keep your asset for a long period or sell when the value increases.

Step 2 of How to sell on BitMart: Sell your Asset

Now that you have SAFEMOON in your account, you can sell all or a certain percentage. To sell on BitMart, go to Asset on the bottom corner of your APP.  Select the asset you want to sell (which is SAFEMOON) that you just bought.

If you have many ASSETS, you can type the one you want to sell on the search bar in ASSET PAGE, when it pops up, click on it and select sell.

Choose the amount (or percentage) you want to sell, you can input the price you want to sell your token and it will automatically sell when the token gets to the price or you sell at the current price.

Once you are done putting all necessary numbers, click sell.

How to sell on BitMart app

That’s all, you are done.

It is easy and fast, BitMart has helped many users buy and sell their assets, making it one of the leading platforms for cryptocurrency enthusiasts and investors.

Summary of How do I sell on BitMart

 Selling on BitMart has never been easier! All you need to do is follow the steps above and you will be done in just a few minutes. If you have any questions, please feel free to leave them in the comment section below.
Happy selling!

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