Selling cryptos for fiat currencies through MoonPay is very simple and only requires a few steps. Before getting started, please ensure that you meet the following requirements:

  1. You need to be in the United States, European Union, or the United Kingdom to use this feature.

  2. Make sure that your BingX app is updated to the latest version.

Here's how it works:

  1. Visit this link and choose "Sell" under "Quick Buy".
  2. From the dropdown menu, select the cryptocurrency you want to sell and the fiat currency you wish to receive. Enter the amount you plan to sell (e.g., 50 USDT), and the system will auto-generate the estimated amount of fiat currency you will receive (e.g., 50 USD).

3. Select MoonPay and click "Sell".

4. If you have already registered on MoonPay, please enter your registered email address. If this is your first time using MoonPay, you will be prompted to complete MoonPay's identity verification process. You will need to provide your full name, residential address, email address, and acceptable identification proof.

 

5. Then, you'll need to enter your bank account information (if you haven't already saved it).

6. Once you agree to MoonPay's terms of use by ticking the box, you will be able to click "Sell now". Your order will be generated and MoonPay will provide further instructions by email.

7. It may take a few minutes to create the order while MoonPay does some internal review. Once the review is completed, click "View deposit details".

8. You will be able to see the wallet address and QR code for you to send the cryptocurrency that you want to sell. Finally, use your wallet to send the specified amount of cryptocurrency to this address.

MoonPay will process your withdrawal after receiving your cryptocurrencies. For more details on bank transfer processing times, please check it out here.

We will continue to strive for excellent service to ensure your cryptocurrency transaction experience is seamless and worry-free. If you have any questions or need assistance, please contact MoonPay's customer support.

 

Thank you for your support!

BingX Operation Team

2023-06-17

 

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Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
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For more information, please refer to our Terms of Use and Risk Warning.