Selling tokens on DDEX is quick and easy. When you sell a token on DDEX, the resulting WETH is transferred immediately to your digital wallet. You can "unwrap" the WETH to ETH easily on DDEX or several other interfaces.
To sell a token on DDEX:
Select the token you wish to sell
Select the amount and price for the sale
Confirm the sell order (and "Enable" the sale if it's your first time selling this token on DDEX)
This article will guide you through each step.
1. Select the token you wish to sell
In the top lefthand corner of the DDEX interface, select which trading pair you would like to sell.
You can search for a specific pair with the search bar, or scroll up/down to explore the trading pair options. Trading pairs are generally sorted by recent trading action.
Once you select a trading pair, the order book on the right will populate with all ongoing orders.
Sell orders are displayed in red, while buy orders are displayed in green. The orders displayed here are live: as soon as an order is filled, the order book will immediately update.
2. Select the amount and price for the sale
Now you need to fill in the specifics of your order:
- Limit Price
Enter the maximum price you are willing to buy these tokens at. This is displayed in ETH per token.
Enter how many tokens you wish you to purchase.
DDEX will calculate the total (including gas fee!) for you based on the current Ethereum Network traffic. You can see the estimated fee for a given order displayed next to the total.
You can also click on an existing buy order in the order book to automatically update the limit price to match a particular order.
After entering the Limit Price and Amount for your sale, click the SELL button.
Tip: You can click on an existing buy order in the order book to automatically update the limit price to match a particular order.
3. Confirm the sell order (and "Enable" a token for selling)
Once your click the Sell button, DDEX will prompt you to confirm and sign the order before sending it to the order book.
If it is your first time selling a token on DDEX, you will first have to "Enable" sales of the token. You only have to do this the first time you sell this token on DDEX: after this, you will only have to sign an order to post it to the order book.
That's it! Once you sign your order, you will see it appear in the order book. You can view and manage your ongoing orders in the "Orders" panel:
When your sell order is filled, the WETH from your sale goes directly to your digital wallet. No withdrawing needed!
To convert the WETH back to ETH, simply click the UNWRAP WETH button.