How to Post a Sell Trade Ad
A BuyCoins sell trade ad is an advertisement that lets other users know you’re willing sell cryptocurrency. Trading Peer-to-peer on BuyCoins is secure and instant. This means that withdrawals to your bank account after peer-to-peer trades arrive at your bank account instantly.
During a trade, the coins are held in escrow and only released when payment has been confirmed.
Step 1: Go to the post a trade ad page
Click the hamburger menu and select 'Post a Trade Ad', or select "Trade P2P" at the bottom of the dashboard.
Step 2: Create Sell Trade Ad
To post a sell trade, select the ‘Sell’ option on the 'Post a New Trade Ad' page, select the coin you wish to trade, set your price per coin. Click on the 'Static Price' drop down if you would like to select a dynamic price*.
Set the minimum and maximum amounts you’re willing to buy. You can set your preferred price according to your needs and how quickly you want to buy. After setting your trade preferences, click on 'Review Details'.
*Dynamic Pricing is a feature that enables users create trade ads at rates that change depending on a drop or spike in the general price of cryptocurrency.
Step 3: Post Sell Trade Ad
On the Confirm Trade Ad page, verify that the details of the trade are correct. Click ‘Post Sell Trade Ad’ after you're satisfied with the information displayed.
Your sell trade ad has successfully been created and you'll see a summary page of your sell trade ad. Your NGNT will be credited to your account as soon as the buyer makes payment. You can proceed to withdraw to your bank account.
After successfully posting a sell trade ad, the trade becomes active. However, there are two states your trade ad can be in:
- Active: This means that your trade ad is visible to everyone.
- Inactive: This means your trade ad won't be visible to anyone but you.