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What are the steps to sell ONG and withdraw the funds to my bank account?

avatarClaudia Isabel BetemeDec 28, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the steps involved in selling ONG and withdrawing the funds to my bank account? I would like to know the process from start to finish, including any fees or requirements.

What are the steps to sell ONG and withdraw the funds to my bank account?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! Here are the steps to sell ONG and withdraw the funds to your bank account: 1. Find a reputable cryptocurrency exchange that supports ONG trading. Some popular options include Binance, Coinbase, and Kraken. 2. Create an account on the chosen exchange and complete the necessary verification process. 3. Deposit your ONG tokens into your exchange wallet. You can do this by generating a deposit address on the exchange and sending your ONG tokens from your personal wallet. 4. Once your ONG tokens are in your exchange wallet, navigate to the trading section and find the ONG trading pair you want to use (e.g., ONG/USD or ONG/BTC). 5. Place a sell order for your desired amount of ONG tokens. You can choose to sell at the current market price or set a specific price if you want to wait for a better offer. 6. Once your sell order is executed, you will have the equivalent amount of your chosen currency (USD, BTC, etc.) in your exchange account. 7. Now, you can withdraw the funds to your bank account. Go to the withdrawal section of the exchange and select your bank account as the withdrawal method. 8. Follow the instructions provided by the exchange to complete the withdrawal process. This may include providing your bank account details and confirming the withdrawal. 9. Depending on the exchange and your bank, it may take a few days for the funds to appear in your bank account. Keep an eye on your bank statement to ensure the transaction is successful. Please note that fees and requirements may vary depending on the exchange you use and your location. Make sure to check the exchange's fee schedule and withdrawal limits before proceeding with the sale and withdrawal process.
  • avatarDec 28, 2021 · 3 years ago
    Selling ONG and withdrawing the funds to your bank account is a straightforward process. Here's what you need to do: 1. Find a reliable cryptocurrency exchange that supports ONG trading. Some popular options include Binance, Coinbase, and Kraken. 2. Create an account on the chosen exchange and complete the necessary verification process. This usually involves providing identification documents and proof of address. 3. Deposit your ONG tokens into your exchange wallet. You can do this by generating a deposit address on the exchange and sending your ONG tokens from your personal wallet. 4. Once your ONG tokens are in your exchange wallet, navigate to the trading section and find the ONG trading pair you want to use. 5. Place a sell order for your desired amount of ONG tokens. You can choose to sell at the current market price or set a specific price. 6. Once your sell order is executed, you will have the equivalent amount of your chosen currency (USD, BTC, etc.) in your exchange account. 7. Now, it's time to withdraw the funds to your bank account. Go to the withdrawal section of the exchange and select your bank account as the withdrawal method. 8. Follow the instructions provided by the exchange to complete the withdrawal process. This may include providing your bank account details and confirming the withdrawal. 9. Depending on the exchange and your bank, it may take a few business days for the funds to appear in your bank account. Keep an eye on your bank statement to ensure the transaction is successful. Remember to consider any fees and withdrawal limits imposed by the exchange. It's always a good idea to double-check these details before initiating the sale and withdrawal process.
  • avatarDec 28, 2021 · 3 years ago
    To sell ONG and withdraw the funds to your bank account, follow these steps: 1. Choose a reputable cryptocurrency exchange that supports ONG trading. Some popular options are Binance, Coinbase, and Kraken. 2. Sign up for an account on the chosen exchange and complete the necessary verification process. This typically involves providing identification documents. 3. Deposit your ONG tokens into your exchange wallet. You can do this by generating a deposit address on the exchange and sending your ONG tokens from your personal wallet. 4. Once your ONG tokens are in your exchange wallet, navigate to the trading section and find the ONG trading pair you want to use. 5. Place a sell order for your desired amount of ONG tokens. You can choose to sell at the current market price or set a specific price. 6. After your sell order is executed, the equivalent amount of your chosen currency (USD, BTC, etc.) will be credited to your exchange account. 7. Now, it's time to withdraw the funds to your bank account. Go to the withdrawal section of the exchange and select your bank account as the withdrawal method. 8. Follow the instructions provided by the exchange to complete the withdrawal process. This may include providing your bank account details and confirming the withdrawal. 9. The withdrawal process may take a few business days, depending on the exchange and your bank. Monitor your bank account to ensure the funds are successfully transferred. Remember to check the exchange's fees and withdrawal limits before selling and withdrawing your ONG tokens.