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Sell Cryptocurrency

Rain enables you to sell your cryptocurrency in exchange for the below currencies:

  • UAE DIRHAMS (AED)

  • SAUDI RIYAL (SAR)

  • KUWAITI DINAR (KWD)

  • OMANI RIYAL (OMR)

  • BAHRAINI DINAR (BHD)

  • US DOLLAR (USD)

Requirements:

  1. A verified Rain account. If you haven't already signed up, you can create an account here. 
  2. Funds in your Rain crypto wallet. In order to sell you need a positive balance in your Rain the preferred coin's wallet.

Steps (Rain website):

  1. Log in to your Rain account.
  2. Click on Market.Screen_Shot_2022-02-11_at_11.24.32_AM.png
  1. Enter the amount you would like to sell. The amount should entered in crypto. 
  2. Select the preferred coin you wish to sell.
  3. Click preview sell.
                                   Screen_Shot_2022-02-11_at_11.24.46_AM.png
  4. Review the transaction details. Click sell now.
  5. For greater security, Two-Step Authentication is mandatory to complete a transaction. You will receive the code in an SMS text message, sent to your registered phone or to your authenticator app. More information on Two-Step Authentication available here.
  6. Enter the code received. Click submit.
  7. You will receive an email confirming the successful completion of the transaction.

Steps (Rain app):

  1. Open Rain app. For more information about Rain app click here.
  2. Log in to your Rain account.
  3. Visit the market or portfolio page and select the cryptocurrency your wish to sell.
  4. Tap Trade and select Sell 
  5. Enter the amount you would like to sell.
  6. Select fiat account to deposit to. Click preview purchase.
  7. Review the transaction details. Click sell now.
  8. Enter the code received. Click submit.
  9. You will receive an email confirming the successful completion of the transaction.Screen_Shot_2022-02-11_at_11.24.57_AM.png

For more information about the weekly trading limits click here.

 

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