Coinstash offers an intuitive platform for buying, selling, and managing cryptocurrencies, making trading accessible for both novice and experienced users.
Sell Crypto
Access the Sell Option:
Log in to the Coinstash platform either via the mobile app or the website.
Navigate to the "Buy/Sell" section.
Choose the Cryptocurrency:
From the list of supported coins, select the cryptocurrency you wish to sell. For example, to sell PANDA, select it from the list.
Initiate the Sell Order:
Choose the "Sell" option, set the amount you wish to sell, and confirm the trade.
Convert to AUD:
After confirming, your cryptocurrency will be converted to Australian Dollars (AUD).
After selling cryptocurrency, the AUD equivalent of your trade will be available in your Coinstash account. You can choose to keep the funds on the platform or transfer them to your bank account, depending on your account's verification tier.
Account Verification Tiers and Actions
Coinstash uses a tier-based system to determine the actions you can perform on the platform:
Tier 1 Accounts:
You can deposit cryptocurrency.
You are allowed to deposit and withdraw funds in AUD.
However, you cannot withdraw cryptocurrency until your account is upgraded to Tier 2.
Tier 2 Accounts:
Enjoy all Tier 1 privileges with the added ability to withdraw cryptocurrency. This tiered system allows users to sell cryptocurrency and hold the converted funds (in AUD) on the platform, even if withdrawal of crypto assets is temporarily restricted.
You can read the FAQs for our other order types below: