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How do I sell my Zugacoin for cash? How do I transfer Zugacoin to bank account? Since you are here, you might probably be looking for a way to sell or withdraw from Zugacoin to your bank account. Here, we will teach you how to sell Zugacoin for cash.
One of the challenges face by many users is selling their Zugacoin for cash. However, the process is simple and easy provided you get the right guidelines. Zugacoin is one of the best ways to make money trading online.
What is Zugacoin?
Zugacoin is is cryptocurrency aims to rebuild Africa's dying economy by becoming the first coin in Africa for equity and investment funding for Africa's government.
It is the first cryptocurrency in the world that that owns physical stores offices in over 14 African countries and 32 states in Nigeria. Zugacoin aims at facilitating cross-border transactions and boosting economic growth in Africa. Keep reading to learn how to sell Zugacoin.
How to Sell Zugacoin
To sell your Zugacoin, follow the steps below
- Create an account on a cryptocurrency exchange that supports Zugacoin trading. Some popular exchange that support Zugacoin are ProBit, LATOKEN and BitForex
- Once you have created a Zugacoin account, you need to deposit Zugacoin into your exchange wallet. This can be done by transferring Zugacoin from your personal wallet or buying it directly from the exchange
- Once you have Zugacoin in your exchange wallet, navigate to the trading page and choose the trading pair for Zugacoin. For instance, if you want to sell Zugacoin for Bitcoin, you would choose the ZUGA/BTC trading pair
- Next, enter the amount of Zugacoin you want to sell and the price you want to sell it for. You can either set a limit order, which means that your order will only be executed when the market price reaches your desired price
- Once your order is filled, you will receive the proceeds in your exchange wallet, which you can then withdraw to your personal wallet
After following the instructions listed above, you should be able to sell your Zugacoin for cash. If you have other issues, you can contact Zugacoin customer support for assistance.
Read also: How to Withdraw Money From Cryptomania
Frequently Asked Questions About Zugacoin
Here are some of the most asked questions about Zugacoin
Is Zugacoin on Binance?
No, Zugacoin is not listed on Binance for trade and services.
How do I withdraw Zugacoin to Bank Account?
In order to withdraw Zugacoin to your bank account, you must first of all convert your convert your Zugacoin to your local currency. One of the legit ways to convert your Zugacoin to your local currency is through Nellbox. After converting to your local currency, follow the instructions below to withdraw to your bank account:
- Log in to your Nellbox account and navigate to the "Withdrawal" from the menu option. Click on "Withdraw to local bank"
- On the displayed screen, enter the amount you wish to withdraw in your local currency. Enter your bank account details
- Next, enter your E-pin to complete your withdrawal
How do I make money on Zugacoin?
Here is how to make money on the Zugacoin app:
1. Buy and Hold
You can earn money on Zugacoin by buying and holding with the hope that the value will increase over time. It is a long time investment strategy that requires research, patient, and a strong understanding of market value
2. Trading
Another way to make money on Zugacoin is through trading. You can make money by actively trading Zugacoin on a cryptocurrency exchange. This involves buying low and selling high, and taking advantage of market fluctuations. It is recommended that you understand the trading strategies, market trends, and technical analysis before trading.
3. Staking
Zugacoin is one of the cryptocurrencies that offer staking rewards to members who hold and lock up their coins in a staking pool.
Conclusion
You can sell Zugacoin for cash by following the instructions in this article. We hope by reading this article, you have discovered how to sell Zugacoin with ease. You can also drop your question in the comments section if you have any other issues.
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