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How To Sell BNB

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Jan 11, 2023
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3 min read
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This blog post will cover:

  • Where and when to sell BNB
  • How to sell BNB on SimpleSwap

The easiest way to sell cryptocurrency is to use the SimpleSwap service. We are happy to offer our help and provide a range of opportunities to exchange, buy and sell crypto. You are welcome to sell BNB and other cryptocurrencies to get such fiat currencies as USD and EUR.

Binance is one of the leading blockchains in the world. The BNB coin was created in 2017. Initially, it was issued as an ERC-20 token, however, later it was transferred to the Binance Smart Chain. On the platform, it is used as a utility token. The important thing is that BNB can be used outside Binance in multiple situations. For example, to pay for hotels, flights, shopping, charity, and other things.

Where and when to sell BNB

Even though the BNB coin has various use cases, there may be a situation when you decide to sell it. It may be connected to your decision not to use the BSC or a changed market situation. Anyway, SimpleSwap is ready to lend you a hand and make the process fast and convenient.

How to sell BNB on SimpleSwap

Let’s assume you decide to sell BNB to USD. We've prepared for you this instruction on how to sell cryptocurrency:

  1. Choose the BNB-to-USD pair
    
    There should be BNB in the “You send” section.
    
    Enter the amount of BNB you would like to sell.
    
    Check that there is US Dollar (USD) in the “You get” section.
    
    Click the “Exchange” button.
  2. Confirm your intention to sell BNB
    
    Check the details and click the “Create an exchange” button.
    
    To continue crypto-to-fiat operation you need to agree with the Terms of Service and Privacy Policy.
    
    If everything is fine, click the “Sell” button.
  3. Provide the necessary information to sell BNB
    
    You will be redirected to the page operated by our partner Mercuryo to sell BNB for USD. You’ll be asked to provide your email and verify your identity.
    
    Fill in the card info, you will get USD to this bank card when the operation is finished. Don’t forget to mention your refund address.
  4. Sell BNB and receive USD
    
    Then, you’ll see a blockchain address to send BNB. When it is done, just wait for USD to come to your bank card. Track your operation status by email.

Looks pretty simple, right? We are also glad to provide you with a great detailed video guide to show the whole step-by-step process of dealing with fiat-to-crypto operations.

Please, notice that a fiat-to-crypto and crypto-to-fiat exchange feature is offered to you by Mercuryo, SimpleSwap’s independent partner. SimpleSwap doesn’t keep or have access to your personal data and does not assume any liability or any loss or damage caused by your usage of Mercuryo’s services.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.

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