How do I withdraw money from token exchange?

BTCC is a top cryptocurrency exchange that offers a range of services. These services include spot trading, futures trading, and a wallet service. With BTCC, you can buy, sell, and store a wide variety of cryptocurrencies. The exchange is known for its security and reliability, making it a popular choice for cryptocurrency traders.

When selling your tokens on BTCC, you can choose to sell them at the current market price or set a limit order. A limit order allows you to specify the price you are willing to sell your tokens at. If the market price reaches your specified price, your tokens will be sold automatically.

Withdrawing tokens to your bank involves several steps. The first step is to choose a cryptocurrency exchange. This is crucial because not all exchanges support every type of token. Therefore, you need to select an exchange that supports the token you wish to sell.

Once you have chosen an exchange, the next step is to transfer your tokens from your Phantom Wallet to the exchange. This process usually involves copying the wallet address of the exchange and pasting it into your Phantom Wallet's withdrawal section. Make sure to double-check the address to avoid sending your tokens to the wrong wallet.

After transferring your tokens to the exchange, you can now sell them for fiat currency. Fiat currency refers to traditional government-issued currency, such as USD, EUR, or JPY. The exchange will provide you with a marketplace where you can sell your tokens to other users or to the exchange itself.