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How to sell THORChain (RUNE) guide

Updated on: 2024-12-25 06:07:33(UTC+0)
Coin's ratings
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In this tutorial, we will discuss:
1
Where and how to sell THORChain
2
Alternative methods to cash out THORChain
3
How to withdraw THORChain with Bitget's hassle-free withdrawal process

Where and how to sell THORChain

Investing in THORChain has never been easier. This is a widely adopted method to sell THORChain. Here's a step-by-step guide on how to sell THORChain on Bitget.

Step-by-step guide

Step 1: Create a Bitget account

Sign up or download the Bitget app and start the sign-up process.

Step 2: Bitget identity verification

Please verify your identity to ensure full compliance and enhance your experience with Bitget.
You can access the identity verification page, select your country, upload your ID documents, and submit a selfie. You will receive a notification once your identity is successfully verified.

Step 3: Convert THORChain to USDT in the spot market, and then sell USDT in the P2P market.

Spot: Go to the spot trading page, select the trading pair RUNE/USDT (or RUNE/BTC, RUNE/ETH, and RUNE/USDC) and convert RUNE to a token supported for P2P trading (such as USDT, BTC, ETH, and USDC).
Zero-fee P2P trading: With Bitget P2P, you can sell cryptocurrencies (such as USDT, BTC, ETH, and USDC) using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, AdvCash, and Wise. After placing the order, you simply need to transfer funds to the buyer to receive the fiat currency.

Step 4: Monitor THORChain in your Bitget funding account

As a seller, ensure you receive payment before releasing your crypto. You can then view the transaction history in your funding account (formerly P2P account).

Alternative methods to cash out THORChain

Other than selling THORChain directly, there are numerous other ways to cash out THORChain.

1. Convert THORChain to other crypto via Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to crypto. Choose a token (e.g., USDT, BTC) available on our P2P trading platform. Then, specify the amount for the swap, confirm the transaction, and sell the tokens through our P2P market. Be sure to have a sufficient account balance before proceeding with the conversion.

2. Swap THORChain to on-chain assets via Bitget Swap

Unlike buying or selling crypto, swapping does not involve the traditional financial system since fiat currencies are not part of the process. Bitget Swap supports over 250,000 cryptocurrencies across 30 major blockchains, including Ethereum, Polygon, and Solana. You can exchange any supported crypto for tokens (e.g., USDT, BTC) available on our P2P trading platform, anytime and anywhere, including cross-chain transactions. Transaction gas fees are automatically converted. You can then sell your cryptocurrency on the Bitget P2P website.

How to withdraw THORChain with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient ways to cash out your THORChain or other cryptocurrencies, and Bitget stands out as an excellent choice. With its intuitive Buy/Sell buttons, Bitget simplifies the process, allowing you to easily select the cryptocurrency you want to sell and specify the amount.
When it comes to withdrawing the THORChain you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast processing within 24 hours, ensuring your funds are readily available.
Note: Want to keep tabs on coin prices? Visit our coin prices directory or THORChain price page and bookmark them to stay updated!

FAQs about selling THORChain (RUNE) via Bitget

Why sell THORChain?

What are the fees for selling crypto with Bitget P2P markets?

As a crypto P2P seller, how am I protected?

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1. Create your free Bitget account

2. Verify your account

3. Sell your crypto at the perfect time

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Cryptocurrency investment activities, including selling THORChain online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to sell THORChain instantly, and we strive to fully inform our users about each cryptocurrency we offer on our exchange. However, we are not responsible for any outcomes arising from your THORChain sale. This page, and the information within it, is not intended to be an endorsement of any specific cryptocurrency or acquisition method.