Rain enables you to sell Algorand in exchange for Turkish Lira.
Requirements:
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A verified Rain account. If you haven't already signed up, you can create an account here.
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Funds in your Rain ALGO account. In order to sell ALGO you need a positive balance in your Rain ALGO account.
NOTE: For more information about Rain fees click here.
Steps (Rain website):
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Log in to your Rain account.
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Click on Market.
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Enter the amount you would like to sell. You can either enter the value in fiat (e.g. 100 TRY) or ALGO ( e.g. 0.5 ALGO).
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Select the ALGO account to withdraw funds from.
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Select fiat account to deposit to. Click preview purchase.
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Review the transaction details. Click sell now.
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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.
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Enter the code received. Click submit.
- You will receive an email confirming the successful completion of the transaction.
Steps (Rain app):
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Open Rain app. For more information about Rain app click here.
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Log in to your Rain account.
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Visit the market or portfolio page and select Algorand
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Tap Trade and select Sell
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Enter the amount you would like to sell. You can either enter the value in fiat (e.g. 100 TRY) or ALGO value ( e.g. 0.5 ALGO). Use the arrow on the right side to switch between TRY and ALGO.
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Select fiat account to deposit to. Click preview purchase.
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Review the transaction details. Click sell now.
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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.
-
Enter the code received. Click submit.
- You will receive an email confirming the successful completion of the transaction.
For more information about the weekly trading limits click here.
About Rain
Rain is a Crypto-Asset Services Provider platform operating in Turkey, is headquartered in Istanbul. With Rain you can buy, sell and store bitcoin and other cryptocurrencies securely and legally.