Crypto Wallet Basics

Step-by-Step Guide: How to Sell BNB on Trust Wallet

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If you’re wondering how to sell BNB (Binance Coin) on Trust Wallet, you’re in the right place. Trust Wallet is a popular mobile cryptocurrency wallet that allows you to securely store, send, receive, and trade a wide range of digital assets. Whether you’re a beginner or an experienced trader, this step-by-step guide will walk you through the process of selling BNB on Trust Wallet.

Before you can sell BNB, you need to have some BNB in your Trust Wallet. If you don’t have any, you can easily buy BNB on an exchange like Binance. Once you have BNB in your wallet, you’re ready to start the selling process.

To sell BNB on Trust Wallet, you’ll need to use a decentralized exchange (DEX) that is integrated with the wallet. Trust Wallet has a built-in decentralized exchange called “Trust Wallet DEX,” which allows you to trade your BNB for other cryptocurrencies. Here’s how to use the Trust Wallet DEX to sell your BNB:

  1. Open the Trust Wallet app on your mobile device and select the BNB coin from your list of assets.
  2. Tap on the “Trade” button to access the Trust Wallet DEX.
  3. In the DEX interface, select the “Sell” option.
  4. Choose the cryptocurrency you want to trade your BNB for.
  5. Specify the amount of BNB you want to sell.
  6. Review the details of the trade and confirm the transaction.
  7. Wait for the transaction to be processed and for the cryptocurrency you traded for to appear in your Trust Wallet.

Selling BNB on Trust Wallet is a straightforward process with the built-in Trust Wallet DEX. By following these step-by-step instructions, you can easily exchange your BNB for other cryptocurrencies directly within your Trust Wallet. Remember to always double-check the details of your trade and be mindful of any associated fees.

Download and Install Trust Wallet

To exchange, sell, trade, or hold BNB, you will need to use Trust Wallet. Trust Wallet is a secure and user-friendly mobile crypto wallet that allows you to store, manage, and trade various cryptocurrencies, including BNB.

  1. Visit the official website of Trust Wallet or download the app from your mobile device’s app store.
  2. If you are using an Android device, open the Google Play Store, search for “Trust Wallet,” and tap on the Trust Wallet app icon.
  3. If you are using an iOS device, open the App Store, search for “Trust Wallet,” and tap on the Trust Wallet app icon.
  4. Tap the “Install” or “Get” button to download and install the Trust Wallet app on your device.
  5. Once the installation is complete, open the Trust Wallet app.

Trust Wallet is available for both Android and iOS devices, making it accessible to a wide range of users.

By downloading and installing Trust Wallet, you will have a secure and convenient way to store your BNB coin and easily trade it on the Binance exchange. The app offers a simple and intuitive interface, making it easy for users of all levels to navigate and perform transactions with ease.

Create a Trust Wallet Account

To sell BNB on Trust Wallet, you first need to create a Trust Wallet account. Trust Wallet is a secure and decentralized mobile wallet that allows you to securely store and manage your cryptocurrencies.

  1. Go to the official Trust Wallet website or download the Trust Wallet app from your device’s app store.
  2. Once you have installed the Trust Wallet app, open it and tap on “Create a New Wallet”.
  3. Read and agree to the terms of use and privacy policy.
  4. Set a strong password for your wallet. Make sure to choose a password that is unique and not easily guessable.
  5. Write down and securely store your recovery phrase. This recovery phrase is essential for recovering your wallet in case you forget your password or lose your device.
  6. Confirm your recovery phrase by selecting the words in the correct order.
  7. After confirming the recovery phrase, your Trust Wallet account will be created and you will be taken to the main interface of the wallet.
  8. Now you can proceed to the next steps to connect your Trust Wallet to an exchange and sell BNB.

By creating a Trust Wallet account, you will have full control over your BNB coins and other cryptocurrencies. It is important to keep your wallet and recovery phrase secure to protect your funds.

Transfer BNB to Trust Wallet

In order to sell BNB on Trust Wallet, you will first need to transfer your BNB coins from your Binance account to your Trust Wallet.

Step 1: Open Trust Wallet

Launch the Trust Wallet app on your mobile device.

Step 2: Access Your BNB Address

Step 2: Access Your BNB Address

Tap on the menu icon at the top left corner of the Trust Wallet app. Then, select “Wallets” to view your list of wallets. Scroll down to find and tap on your BNB wallet.

Step 3: Tap on “Receive”

Once you’ve accessed your BNB wallet, locate and tap on the “Receive” button.

Step 4: Copy BNB Address

A unique address for your BNB wallet will be displayed. Tap on the address to copy it to your device’s clipboard.

Step 5: Open Binance

Step 5: Open Binance

Open the Binance app or website and log in to your account.

Step 6: Go to BNB Withdrawal

Step 6: Go to BNB Withdrawal

In the Binance app, tap on “Wallet” at the bottom of the screen. Select “Fiat and Spot” and then “BNB”. On the Binance website, hover over “Funds” at the top of the page and select “Fiat and Spot” from the dropdown menu. Click on “Withdraw” next to BNB.

Step 7: Enter Transfer Details

Step 7: Enter Transfer Details

In the withdrawal section, paste the BNB address you copied from Trust Wallet into the “Recipient’s BNB Address” field. Enter the amount of BNB you wish to transfer in the “Amount” field.

Step 8: Confirm and Complete Transfer

Step 8: Confirm and Complete Transfer

Review the withdrawal details to ensure accuracy. Once you’re ready, click on the “Submit” or “Confirm Withdrawal” button to complete the transfer. You may need to confirm the withdrawal via email or SMS authentication depending on your security settings.

After completing these steps, your BNB coins will be transferred from your Binance exchange wallet to your Trust Wallet. You can now proceed to the next steps to sell your BNB coins on Trust Wallet.

Access the Trust Wallet Exchange

To sell BNB on Trust Wallet, you will need to access the Trust Wallet Exchange. The Trust Wallet Exchange allows you to trade your BNB and other coins on the Binance chain.

Here’s how to access the Trust Wallet Exchange:

  1. Open the Trust Wallet app on your mobile device.
  2. On the main screen, tap on the “Trade” tab at the bottom of the app.
  3. From the list of supported coins, select BNB.
  4. Tap on the “Trade” button next to BNB.
  5. You will be directed to the Trust Wallet Exchange, which is powered by Binance.

Once you have accessed the Trust Wallet Exchange, you will be able to sell your BNB for other coins or trade it for different cryptocurrencies available on the exchange.

It is important to note that you will need to have an active Binance account to use the Trust Wallet Exchange. If you don’t have a Binance account, you will be prompted to create one or log in to your existing Binance account when accessing the Trust Wallet Exchange.

Select the BNB Trading Pair

In order to sell your BNB on Trust Wallet, you will need to select a BNB trading pair on a trusted cryptocurrency exchange. One popular exchange that supports BNB trading is Binance.

Here is a step-by-step guide on how to select the BNB trading pair on Binance:

  1. Create an account: If you don’t have a Binance account yet, go to the Binance website (www.binance.com) and sign up by providing the necessary information.
  2. Deposit BNB on Binance: After creating an account, deposit your BNB from Trust Wallet to your Binance account. To do this, go to your Trust Wallet and find your BNB coin. Tap on it and select the “Send” option. Enter your Binance BNB wallet address as the recipient and confirm the transaction.
  3. Navigate to the BNB trading page: Once your BNB is successfully deposited on Binance, navigate to the BNB trading page. You can do this by clicking on the “Trade” tab on the top menu, then selecting “Classic” or “Advanced” trading view.
  4. Select the BNB trading pair: On the BNB trading page, there will be a search bar to find the desired trading pair. Type “BNB” in the search bar and select the BNB trading pair you wish to trade with. For example, if you want to sell BNB for USDT, select the BNB/USDT trading pair.
  5. Place a sell order: Once you have selected the BNB trading pair, scroll down to the trading interface and locate the “Sell” section. Enter the amount of BNB you want to sell and set the desired price. Review the order details and click on the “Sell” button to place your sell order.
  6. Confirm the sell order: After placing your sell order, you will be asked to confirm the transaction. Make sure to review all the details, including the selling price and the amount you are selling, before confirming the order.
  7. Wait for the order to be executed: Once you have confirmed the sell order, it may take some time for the order to be executed, depending on market conditions. You can monitor the status of your order on the Binance trading page.
  8. Withdraw your funds: Once your sell order is executed and you have successfully sold your BNB, you can withdraw your funds from Binance. Go to the “Wallet” tab, select the BNB coin, and click on the “Withdraw” button. Enter your Trust Wallet BNB address as the recipient and complete the withdrawal process.

By following these steps, you will be able to select the BNB trading pair on Binance and sell your BNB using Trust Wallet.

Set the Amount to Sell

After opening the Trust Wallet and selecting the BNB coin, you can proceed to sell your BNB on the Binance exchange. Here’s how you can set the amount to sell:

  1. On the Trust Wallet dashboard, tap on the “Trade” option at the bottom of the screen.
  2. Select the “Exchange” tab to access the Binance exchange.
  3. Scroll through the list of available trading pairs to find the BNB trading pair you want to sell your BNB against, such as BNB/USDT.
  4. Tap on the BNB trading pair to open the trading interface.
  5. In the trading interface, locate the “Sell” section.
  6. Enter the amount of BNB you want to sell in the appropriate input field.
  7. Make sure to double-check the amount to avoid any mistakes.

Setting the amount to sell accurately is essential to ensure you receive the desired value for your BNB coin. Once you have entered the amount, you can proceed with the selling process on the Trust Wallet.

Choose the Sale Price

Once you have BNB in your Trust Wallet, you can proceed to sell it on a cryptocurrency exchange. There are several exchanges where you can trade BNB, but for this guide, we will focus on Binance, as it is one of the leading exchanges for BNB.

Here are the steps on how to sell BNB on Binance:

  1. Open your Trust Wallet and navigate to the BNB coin.
  2. Click on the “Trade” or “Exchange” button to initiate the sale process.
  3. Select the option to sell BNB on the exchange.
  4. Set the desired sale price for your BNB. This is the price at which you want to sell your BNB. Make sure to set a competitive price to attract potential buyers.
  5. Review the details of your sale, including the amount of BNB you are selling and the total value at your chosen sale price.
  6. Confirm the sale and wait for the transaction to be processed.
  7. Once the sale is complete, you will receive the proceeds from the sale in your Binance account.

By following these steps, you can easily sell your BNB on the Binance exchange using Trust Wallet. Make sure to keep an eye on the market conditions and set a competitive sale price to maximize your profits.

Confirm the Transaction

Once you have completed the necessary steps to sell your BNB on Trust Wallet, you will need to confirm the transaction. This ensures that you are ready to exchange your BNB for another coin or token.

To confirm the transaction, follow these steps:

  1. Open the Trust Wallet app and navigate to the exchange section.
  2. Select the Binance exchange.
  3. Choose the option to sell your BNB.
  4. Enter the amount of BNB you want to sell.
  5. Review the details of the transaction, including the exchange rate and any fees.
  6. If everything looks correct, click the “Confirm” button to proceed.
  7. Enter any additional information required, such as your wallet address or payment method.
  8. Double-check all the information you have entered to ensure accuracy.
  9. Click the final “Confirm” button to complete the transaction.

Once the transaction is confirmed, Trust Wallet will process your sell order and execute the trade on the Binance exchange. You will receive the desired coin or token in exchange for your BNB. It is important to note that the exact process may vary slightly depending on the version of Trust Wallet or the specific exchange you are using.

By following these steps, you will successfully sell your BNB on Trust Wallet and complete the exchange transaction.

Wait for the Sale to Complete

Once you have followed the steps to sell BNB on Trust Wallet and completed the trade on the exchange, you will need to wait for the sale to complete. The duration of the sale may vary depending on the exchange and market conditions.

During this time, it is important to monitor the status of your transaction on both the exchange and Trust Wallet. You can check the transaction status by navigating to the transaction history or trading section of the exchange and Trust Wallet. This will give you updates on the status of your sale.

It is important to be patient during this time and not panic if your sale does not immediately reflect in your Trust Wallet. In some cases, there may be delays due to network congestion or other technical issues.

Once the sale is complete, you should see the corresponding amount of funds in your Trust Wallet account. You can check your wallet balance to verify that the BNB coins have been successfully sold and transferred to your wallet.

It is advisable to double-check the transaction details and verify that the correct amount of BNB has been sold and deposited into your Trust Wallet. If you encounter any issues or discrepancies, you can contact the customer support of both the exchange and Trust Wallet for assistance.

Remember to always keep your Trust Wallet and other exchange accounts secure, and to use trusted platforms such as Binance to sell, trade, and store your cryptocurrencies.

Withdraw Your Funds from Trust Wallet

Withdraw Your Funds from Trust Wallet

If you have successfully completed the steps on how to sell BNB on Trust Wallet and exchange it for another coin, you may now want to withdraw your funds from Trust Wallet. Here’s a step-by-step guide on how to do it:

Step 1: Open Trust Wallet

Launch the Trust Wallet app on your device.

Step 2: Access the Binance DEX

Tap on the “DApps” tab at the bottom of the screen.

Scroll through the list of available DApps and tap on “Binance DEX”.

Step 3: Connect Your Wallet to Binance DEX

In the Binance DEX app, tap on the “Connect Wallet” button.

Select “Trust Wallet” from the list of options.

Step 4: Access Your Balance

Once your wallet is connected, tap on the “Balance” tab at the bottom of the screen.

Find and tap on the BNB token in your balance list.

Step 5: Initiate Withdrawal

Tap on the “Withdraw” button.

Enter the amount of BNB you want to withdraw and the recipient’s address (for example, the address of the exchange where you want to send your BNB).

Tap on the “Continue” button to proceed.

Step 6: Confirm Withdrawal

Review the withdrawal details and ensure that the address is correct.

If everything looks good, tap on the “Confirm” button to initiate the withdrawal.

Step 7: Wait for Confirmation

Wait for the transaction to be confirmed on the blockchain. This may take some time, depending on the network congestion and other factors.

Once the transaction is confirmed, your BNB will be sent to the specified address.

You can check the status of your withdrawal by looking up the transaction ID on a blockchain explorer.

That’s it! You have successfully withdrawn your funds from Trust Wallet and completed the process of selling your BNB on the Binance DEX. Now you can use your funds on another exchange or for other purposes.

Frequently asked questions:

How can I sell BNB on Trust Wallet?

To sell BNB on Trust Wallet, first open the app and go to the “DApps” section. Then, search for a decentralized exchange (DEX) platform that supports BNB trading, such as PancakeSwap or BakerySwap. Connect your wallet to the DEX platform and navigate to the BNB trading pair you would like to sell. Enter the amount of BNB you want to sell and confirm the transaction. Your BNB will be exchanged for another cryptocurrency or token based on the trading pair you selected.

Can I exchange BNB on Trust Wallet?

Yes, you can exchange BNB on Trust Wallet. Trust Wallet supports various decentralized exchanges (DEX) that allow you to trade BNB for other cryptocurrencies or tokens. Simply open the Trust Wallet app, go to the “DApps” section, and search for a DEX platform such as PancakeSwap or BakerySwap. Connect your wallet to the DEX platform, select the BNB trading pair you wish to exchange, enter the desired amount, and confirm the transaction. Your BNB will be exchanged for the other cryptocurrency or token based on the trading pair.

Is it possible to trade BNB on Trust Wallet?

Yes, you can trade BNB on Trust Wallet. Trust Wallet supports decentralized exchanges (DEX) that allow you to trade BNB for other cryptocurrencies or tokens. To trade BNB on Trust Wallet, open the app and go to the “DApps” section. Look for a DEX platform like PancakeSwap or BakerySwap, connect your wallet, and navigate to the BNB trading pair you want to trade. Enter the desired trade amount and confirm the transaction. Your BNB will be swapped for the other cryptocurrency or token based on the selected trading pair.

How can I sell Binance Coin on Trust Wallet?

If you want to sell Binance Coin (BNB) on Trust Wallet, start by opening the app and accessing the “DApps” section. Search for a decentralized exchange (DEX) platform that offers BNB trading, such as PancakeSwap or BakerySwap. Connect your wallet to the DEX platform and locate the BNB trading pair you wish to sell. Specify the amount of BNB you want to sell and confirm the transaction. Your BNB will be traded for another cryptocurrency or token based on the trading pair you selected.

Videos:

✅ How to CONVERT USDT to BNB in TRUST WALLET (Step by Step)

How To Transfer BNB From Trust Wallet To Binance (Step By Step)

Trust Wallet Tutorial… Complete Beginner’s Guide On How To Use Trust Wallet

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is a renowned author with a passion for blockchain technology. With a background in finance and a deep understanding of the potential of blockchain, Max has been dedicated to exploring its applications in various industries. Through his writing, Max aims to educate and inspire readers about the benefits of blockchain and how it can revolutionize the way we conduct business and interact online.
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