What are the steps to convert bitcoin back into USD on BitMEX?
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Can you please provide a step-by-step guide on how to convert bitcoin back into USD on BitMEX? I'm new to the platform and would like to understand the process.
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1 answers
- Certainly! Here's a step-by-step guide to convert bitcoin back into USD on BitMEX: 1. Login to your BitMEX account and navigate to the 'Wallet' section. 2. Click on 'Deposit' and select 'Bitcoin' as the currency. 3. Generate a unique bitcoin deposit address. 4. Send your bitcoin to the provided address. 5. Wait for the bitcoin transaction to be confirmed. 6. Once the transaction is confirmed, go to the 'Trade' section and select the BTC/USD trading pair. 7. Place a sell order for the desired amount of bitcoin. 8. Wait for the order to be filled. 9. Voila! Your bitcoin has been successfully converted into USD on BitMEX. If you have any more questions, feel free to ask!
Mar 01, 2022 · 3 years ago
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