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How can I sell Bonk?
Follow these steps to easily and securely sell your Bonk:
- Sign up
Create an account via the Finst app or website.
- Deposit crypto
Send your crypto to your Finst wallet using the correct network. Already storing your crypto with Finst? You can easily sell your Bonk through our desktop platform or mobile app.
- Sell and receive euros
Sell your Bonk and receive the corresponding euro value.
- Withdraw EUR
Tap on "Withdraw" and then select the "Withdraw EUR" option to transfer the desired EUR amount to your bank account.
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How do I convert Bonk into euros?
Converting Bonk into euros is super easy. In the Finst app:
- Go to your "Wallet" and select Bonk
- Select "Sell" and choose the amount of Bonk you want to sell
- Confirm your order and receive your euros
Don’t have an account yet? Create a Finst account for free in under 5 minutes. Send your Bonk to Finst and swap it for euros in just a few seconds.
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Can I convert my Bonk directly into euros?
Yes, at Finst you can exchange your BONK for euros. You can then easily withdraw your euros to your bank account. In most cases, your funds will be received within a few hours.
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How long does it take to receive the money in my bank account?
In most cases, you’ll receive your euros within a few hours without any fees. Depending on your bank, it may take up to 2 business days.
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Can I sell my Bonk using a stop-loss order?
Yes, a stop-loss order helps protect your position from further price drops. When the price reaches a pre-set level, your Bonk will be sold automatically at the best available price on the market.
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Can I sell my Bonk using a limit order?
Yes, at Finst, you can easily sell Bonk with a Limit Order. With a limit order, you set the minimum price at which you’re willing to sell your Bonk. The order will only be executed if the market reaches or exceeds that price.
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Can I sell Bonk from my own crypto wallet?
To sell your Bonk from your own crypto wallet simply transfer the desired Bonk amount to your Finst wallet. In our app or the Finst Help Center, you’ll find an overview of the supported coins and networks. Once we receive your crypto, you can immediately convert it into euros.
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Can I swap my Bonk for another cryptocurrency?
Yes, at Finst you can instantly swap any cryptocurrency for another using our convenient swap feature. Swapping Bonk to any other cryptocurrency is subject to our regular trading fee of 0.15% without any additional fee.
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Is there a minimum amount of Bonk I can sell?
No, there is no minimum amount to sell Bonk, and you can sell your Bonk with our ultra-low trading fees of 0,15%.
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Is there a maximum amount of Bonk that I can sell?
No, there’s no maximum amount. You can sell as much Bonk as you want with Finst.
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Can I sell Bonk anonymously via Finst?
No, due to regulations, you cannot sell Bonk anonymously in Europe. Finst is a regulated crypto-asset service provider and complies with all applicable laws and regulations.
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Do I have to pay taxes when selling Bonk?
Cryptocurrency tax regulations vary by country. Before selling digital assets or filing your crypto taxes, it’s advisable to consult your local tax authority or agency for personalized guidance.
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When is it a good time to sell Bonk?
Due to the crypto market's volatility, it is difficult to determine when is the best time to sell your Bonk. It is important to do your own research on Bonk so that you can decide to sell Bonk depending on your investment goals. Investing involves risk of loss.
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Is it safe to sell Bonk?
Yes, it is safe to sell Bonk through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
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Is it legal to sell Bonk?
Yes, selling Bonk is legal in Europe. However, we advise you to do your own research before selling your Bonk.
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What are the costs to sell Bonk via Finst?
Finst charges a trading fee of 0,15% per sale without any hidden fees, which is among the lowest trading fees in Europe.