How do I cash out my Toncoin?

Before proceeding with the transaction, you may need to complete KYC verification. KYC stands for Know Your Customer, and it is a process used to verify the identity of the individual involved in the transaction. This step is often necessary to comply with regulatory requirements.

After completing KYC verification, you need to choose the fiat payout method. This refers to the way you want to receive the payment for your Toncoin. There are various options available, such as bank transfer, credit card, or digital wallets.

BTCC is a top cryptocurrency exchange that offers a range of services, including spot, futures, and wallet services. When selling Toncoin, you may consider using BTCC's platform for a seamless and secure transaction experience. With BTCC, you can easily convert your Toncoin into fiat currency and withdraw it using your preferred method.

To begin the process, you need to select your blockchain network. This is the first step in selling your Toncoin. There are various blockchain networks available, and you must choose the one from which you wish to initiate the transaction.

Once you have selected the blockchain network, you need to specify the amount of TON you wish to sell. This step is crucial as it determines the value of the transaction and the amount of fiat currency you will receive in return.