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How to Sell Crypto with Gem Wallet

info

Selling cryptocurrency using Gem Wallet is straightforward and beginner-friendly. This guide shows you how to sell cryptoโ€”like Ethereum (ETH)โ€”via Mercuryo, one of Gem Walletโ€™s trusted fiat providers, right from your mobile device.

Step 1: Open Gem Walletโ€‹

  • Launch the Gem Wallet app on your phone.
  • Tap on the crypto you are going to sell.
  • Next, tap on the Buy option.

Sell Crypto Sell Crypto 2

tip

Youโ€™ll only see the Sell tab if the crypto is eligible for selling via the fiat provider.

Step 2: Create a Sell Orderโ€‹

  • Tap on the Sell tab then enter the amount that you want to sell.
  • Choose the provider that you want to proceed with, then tap on Continue.
  • Complete the verification in order to submit your Sell Order.

ETH Wallet Buy Screen

Step 3: Connect Gem Walletโ€‹

  • You will be given an option to Connect Gem Wallet or proceed with a manual transfer.

Input Amount to Sell Start of Sell Order

  • If you choose the Connect Wallet option, make sure to select Gem Wallet.

Send Crypto Screen Connect Wallet Screen

Step 4: Transfer your Cryptoโ€‹

  • Once your Gem Wallet is connected, you will be prompted to approve the transfer of your crypto.
  • Wait for the transfer transaction to be confirmed.

Connect Gem Wallet Finish Wallet Connect

Step 5: Sale Completed, Check Your Fundsโ€‹

  • After sending your crypto, the fiat provider will begin processing the order.
  • The fiat amount will be sent to your linked bank account or payment method.

Payment Processing Payment Confirmed

note

The steps might look a bit different depending on the provider you pick, but the basic way to sell crypto stays pretty much the same.

Tips for a Smooth Saleโ€‹

  • Network Fees: Selling involves a blockchain transaction, so keep a tiny bit of crypto for Network Fees.
  • Supported Regions: Sell option may not work everywhereโ€”check if the provider operates in your current location.
  • Stay Safe: Use only official links in Gem Wallet, and never share your Secret Phrase.