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How to Sell Tokens

Convert your Slinq tokens back to ETH or BNB at any time, depending on the token’s launch chain. Liquidity is available on the token’s launch rail.

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Step-by-Step Guide

1

Navigate to your token

Find the token page:
  • Use the search bar
  • Go to “My Tokens” to see your holdings
  • Click from your transaction history
2

Open the sell panel

On the token page, switch to the “Sell” tab in the trading panel.
3

Enter the amount

Type how many tokens you want to sell:
  • Enter a specific number
  • Use percentage buttons (25%, 50%, 75%, 100%)
4

Review the quote

Check:
  • ETH or BNB you’ll receive
  • Current price
  • Price impact
  • Fees deducted
5

Approve tokens (first time only)

If this is your first time selling this token, you’ll need to approve the token contract. This is a one-time gas fee.
6

Confirm the sale

Click “Sell” and sign the transaction. ETH or BNB arrives after confirmation.

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Understanding the Quote

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Quick Sell Buttons

Use the percentage buttons for fast selling:
Selling in portions lets you secure some profits while keeping exposure.

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Token Approval

The first time you sell any token, you need to approve it:
1

Approval prompt appears

When you click “Sell” for the first time, your wallet shows an approval request.
2

Confirm the approval

This allows Slinq to transfer tokens on your behalf. It costs a small gas fee.
3

Proceed with the sale

After approval, click “Sell” again to execute the actual trade.
You only need to approve once per token. Future sells skip this step.

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Price Impact on Sells

Selling moves the price down. Larger sells have bigger impact. To minimize impact:
  • Split large sells into multiple transactions
  • Sell during high volume periods
  • Use limit orders on external DEXs if available

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Common Issues

Token approvals can fail due to:
  • Low gas setting
  • Network congestion
Fix: Wait a few minutes and try again with default gas settings.
Make sure you actually hold the tokens:
  • Check your wallet balance
  • Verify you’re on the right network for that token
  • Refresh the page
During network congestion:
  • Wait up to 5 minutes
  • Check BscScan with your transaction hash
  • Don’t submit duplicate transactions
Price movements between quote and execution can cause differences:
  • Normal variance is < 1%
  • Large sells naturally have more slippage
  • The fee (1%) is always deducted

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Tax Considerations

Selling tokens may be a taxable event in your jurisdiction. Keep records of:
  • Purchase price and date
  • Sale price and date
  • Transaction fees paid
Consult a tax professional for guidance specific to your situation.

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Selling Strategy Tips

Take profits gradually

Sell in portions to average your exit price.

Set price targets

Decide in advance at what prices you’ll sell.

Watch volume

Higher volume means better liquidity for large sells.

Don't panic sell

Emotional selling often leads to regret. Stick to your plan.

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After Selling

  • ETH or BNB arrives after confirmation — Check your wallet balance
  • Points earned — Sells count toward Season Pass points
  • Can rebuy anytime — Switch to the Buy tab to get back in