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Note: Passive Income is not yet listed for trading or other services on the Bitget exchange. Bitget Wallet supports on-chain transactions for cryptocurrencies across multiple blockchains. You can sell Passive Income via Bitget Wallet.
In this tutorial, we will discuss:
1
Where and how to sell Passive Income via a crypto wallet
2
How to withdraw Passive Income with Bitget's hassle-free withdrawal process

Where and how to sell Passive Income via a crypto wallet

Investing in Passive Income has never been easier. This is a widely adopted method to sell Passive Income. Here's a step-by-step guide on how to sell Passive Income on Bitget Wallet.

Step-by-step guide

Step 1: Download Bitget Wallet

Eyeing a token not yet listed on Bitget? Here's a step-by-step guide on how you can buy Passive Income on Bitget Wallet. Simply download the Bitget Wallet Chrome extension on your PC, or get the Bitget Wallet app on Google Play or the Apple Store!

Step 2: Create a Passive Income wallet

Already installed Bitget Wallet? Jump right in and select "Create a Wallet" to get started.
Click "Wallet" on the homepage and select a mainnet that supports PSI from the list in the upper right corner. You have successfully created a Web3 wallet for PSI!

Step 3: Swap Passive Income in your crypto wallet

If you already have PSI in your crypto wallet (such as Bitget Wallet), you can easily swap them for other tokens (such as USDT or BTC) on the DEX trading platform within Bitget Wallet.

Step 4: Withdrawing P2P available tokens from your crypto wallet to Bitget

If you already have tokens (i.e. USDT, BTC) available on the Bitget P2P trading platform in your wallet, you can easily deposit these assets into your Bitget account.
Go to the Deposit page, and select the coin and the blockchain network (e.g., ERC20, TRC20, BTC, BEP20).
After selecting your preferred coin and network, an address and a QR code will be generated. You can use either one of these methods to initiate the deposit.
  • Ensure the blockchain network you select matches the withdrawal platform, as using the incorrect network can result in the irreversible loss of assets.
  • Proceed with transferring your crypto from your external wallet by confirming the withdrawal details and sending it to your Bitget account address.
  • Deposits require a certain number of confirmations on the network before they appear in your account.

Step 5: Place an order for Passive Income on P2P Market

Make P2P trades with 0 fees: With Bitget P2P, you can sell crypto using over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the buyer, and receive your fiat currency.

How to withdraw Passive Income with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient ways to cash out your Passive Income or other cryptocurrencies, and Bitget stands out as an excellent choice. With its intuitive Buy/Sell buttons, Bitget simplifies the process, allowing you to easily select the cryptocurrency you want to sell and specify the amount.
When it comes to withdrawing the Passive Income you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast processing within 24 hours, ensuring your funds are readily available.

FAQs about selling Passive Income (PSI) via Bitget

Why sell Passive Income?

People sell Passive Income for various reasons, including:

1. Profit-taking: When the price of Passive Income rises significantly, investors may sell the asset to realize their profits.

2. Diversification: Some investors may sell Passive Income to diversify their portfolios and invest in other assets.

3. Financial needs: People may sell Passive Income to cover expenses or meet other financial obligations.

4. Risk aversion: Some investors may be concerned about the volatility of Passive Income and sell to reduce their exposure to risk.

5. Market sentiment: Negative news or events related to Passive Income can lead to a price decline, prompting investors to sell.

It's important to note that buying or selling Passive Income can be risky, as prices can fluctuate significantly. Investors should carefully assess their financial goals and risk tolerance before making any decisions.

What are the fees for selling crypto with Bitget P2P markets?

Bitget P2P currently charges zero fees. All merchants can post ads without any fees to help lower costs. If Bitget P2P introduces transaction fees for makers on completed orders in the future, an official announcement will be made.

*Please note that some payment method service providers may charge extra transaction fees.

As a crypto P2P seller, how am I protected?

If you're selling, never release the assets before confirming that you've received funds from the buyer. Please note that certain payment methods that buyers use are not instant and may face chargeback risks.

Passive IncomePassive Income (PSI) price today:
$0.00
0.00%24H
The live price of Passive Income today is $0.00 $, with a 24-hour trading volume of $0.00 $. We update our PSI to $ price in real-time. The price change of PSI is 0.00% in the last 24 hours.
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What is Passive Income and how does Passive Income work？

Passive Income is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Passive Income without the need for a centralized authority like banks, financial institutions, or other intermediaries.

How do I buy Passive Income?

Learn how to get your first Passive Income in minutes.

Bitget app
Sell Passive Income in seconds
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1. Create your free Bitget account

2. Verify your account

3. Sell your crypto at the perfect time

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