Due to the increased adoption of cryptocurrencies, decentralized ways of secure and efficient trading are increasing, as more users engage in it. World Liberty Financial (WLFI) is not currently listed on major centralized exchanges, including Bitget, but it can be sold nonetheless with Web3 tools, including the Bitget Wallet. Don’t worry about swapping WLFI and selling it to more liquid coins like USDT or BTC and what an on-chain solution to selling assets with continual options compared to a central solution where you can’t be sure of what will happen: Bitget Wallet allows you to sell any token easily in an on-chain protocol where your money is safe and you are not under some authority. In this article, we will take you through the step-by-step guide of how to sell wlfi token, starting with creating your wallet to conducting the actual sale.
How to Start Using Bitget Wallet
In the case of World Liberty Financial (WLFI), the first step before you can start trading is to download the Bitget Wallet on your device. Bitget Wallet is a non-custodial wallet, meaning that users can connect to multiple blockchain networks, such as Ethereum, BNB Chain, and Polygon, and engage in different tokens. It can be used as a mobile app, iOS, and Android, as well as a Chrome browser extension. After downloading and installing your PC and installing Bitget Wallet, you can now choose to create a new wallet or import an existing one in which you have your WLFI tokens. You have to back up your wallet after creating it and back it up using your recovery phrase.
Making or Downloading a WLFI-Compatible Wallet
The second step is creating or importing a wallet compatible with the blockchain network on which WLFI is supported, in case the Bitget Wallet is installed and ready. Depending on its smart contract, WLFI can be distributed on such networks as Ethereum or BNB Smart Chain. The appropriate network can be chosen through the interface of the Bitget Wallet by clicking on the network selector on the top-right part of the Wallet screen.
Exchanging the WLFI for Another Token in the Bitget Wallet
Now you have WLFI in your wallet so that you may sell it. When one wants to sell a token, such as WLFI, in Bitget Wallet, another currency, such as USDT, BNB, or ETH, may be traded for that token. This is done through decentralized exchanges (DEXs), done with the very wallet. In the tab Swap, select a token of your choice, WLFI, and make it the token you wish to trade. Next, choose the token you can get in exchange. Be sure you have sufficient of the native gas token of the network you are transacting upon (e.g., ETH on the Ethereum or BNB on BNB Chain).
Moving Swapped Tokens on Bitget Exchange
Once you have exchanged WLFI for a more widely used token such as USDT, the next step is to transfer your new holdings into your Bitget exchange account to be able to sell them to fiat or get additional trading tools. In the Bitget Wallet, select the token that you got and select the Send option. This will require you to log in to your account at the Bitget exchange platform, visit the Deposit section, and use the generated respective deposit address of the token and network that you will be using.
Cashing out Via Bitget P2P
When your swapped tokens are finally received in your Bitget account, it is as easy to convert them into fiat currency through Bitget’s Peer-to-Peer (P2P) trading platform. Payment methods such as bank transfers, Payeer, Wise, and others are also supported on the Bitget P2P exchange, with over 100 options available. To sell, click on the tab labeled as P2P Trading where you will be required to go through several steps to complete the selling process i.e., select the coin you wish to sell (I.e., USDT), select the buyer who has a good withdrawal record, competitive price and so on, most of which can be decided based on the sellers rating. When the buyer confirms his/her payment, then the system will release your funds, and the sale will be complete.
Conclusion
World Liberty Financial (WLFI) has not been included in the Bitget exchange yet, but Bitget Wallet offers a viable means to sell it using a decentralized swap mechanism. It is a simple process, but it does presume some knowledge of Web3 interfaces and blockchain transacting. With the help of the Bitget Wallet, a user will be able to make use of the expanding world of decentralized finance and be in full control of their assets, trading in tokens such as WLFI.
