Today, we will be discussing one of our Frequently Asked Questions. “What’s the difference between the ‘Receive and Sell’ icons on the Presto app”
The Receive Icon:
This is your first stop when conducting a trade. This section is where you get your coin wallet. If you are a first-time trader, this is where you create a personal wallet for every coin you intend to trade. The receive icon helps you receive crypto into your Presto account which in turn can be traded at any time you wish.
Features of the Receive Icon
● It is your personal wallet for receiving your crypto asset.
● All coins deposited are not automatically converted into Naira. Only you can authorize that.
● All Coins have their ‘receive’ icon. Endeavour to check the network before proceeding to send.
The Sell Icon:
This is your next stop after receiving your crypto in your wallet. This section is where you get to see the rate and estimated conversion for the value of the coin you wish to trade. Here, you can enter your desired amount. Rates are calculated using current data from the exchange rates. After trading, your Presto Naira wallet will be credited immediately after confirmation. After this action, your funds are available for instant withdrawal to your bank account.
Features of the Sell Icon
● It has a crypto rate table.
● You can convert your coins into Naira.
● A preview of your transaction is available before confirmation.
Trading your digital assets such as BTC, BNB, ETH, TRON, USDT and other cryptocurrencies has been made easy with trusted exchanges such as Presto. We are constantly looking at new ways to improve your trading experience by making it as seamless as possible.
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