How to sell ELA with Bitget Wallet

  1. Download and open the Bitget Wallet app, and ensure your account holds eth ELA tokens.
  2. Swap eth ELA tokens for USDT or USDC on Ethereum, Solana, BNB Chain, Base, or the TRON network.
    1. Select the token to sell: Open the [Trade] page, navigate to the [Cross-Chain Swap] section, select the token you wish to sell along with its network (e.g., ELA on the eth chain), and enter the amount.
    2. Select the token to buy: Choosing a token on the same chain (e.g., USDT or USDC on Ethereum, Solana, BNB Chain, Base, or Tron) constitutes a same-chain trade, whereas choosing a token on a different chain constitutes a cross-chain trade. Gas fees for cross-chain trades are typically higher than those for same-chain trades.
    3. Review trade details: The system will display the amount of the target token you can receive based on real-time prices. You can view the current slippage and price impact (factors that affect the final amount of tokens received) and check or modify the destination address (defaulting to your current wallet address).
    4. Set appropriate slippage: When the price of a token is very volatile or the pool has low liquidity, setting a low slippage tolerance may cause the transaction to fail. We recommend using Bitget Wallet's Smart slippage to ensure smooth transactions.
    5. Confirm Gas fees: Click [Confirm] to view the estimated Gas fee for the transaction. If your balance is insufficient, follow the on-screen instructions to deposit the necessary native network coin to cover the fee.
    6. Confirm the transaction: Click "Confirm" again on the transaction details page and wait for the transaction to be confirmed on the chain. Remember that once you click "Confirm", the transaction cannot be canceled. Even if the transaction fails, you will still be charged a gas fee.

What are common reasons for a failed transaction?

1. Gas fee is insufficient or set too low, so validators don't process it. 2. Insufficient wallet balance. 3. Network congestion, causing long processing delays.

What should I do when a transaction fails?

Insufficient gas: Top up native tokens, increase the gas fee, or use Bitget Wallet's GetGas service. Insufficient balance: Add funds and resend. Network congestion: Increase the gas fee for higher priority, or wait and try again. For more issues, contact customer support and provide the transaction hash (viewable on a block explorer).

FAQ

Frequently Asked Questions

Bitget Wallet provides a self-custody experience with integrated cross-chain swaps, multi-chain support, smart routing, and real-time transaction information, allowing you to exchange ELA securely and conveniently.

USDT and USDC are the most commonly used stablecoins because they are widely supported by exchanges, wallets, and DeFi applications. The best choice depends on your intended use.

Gas fees vary depending on network activity. During periods of heavy blockchain usage, transaction costs are generally higher.

Choose the blockchain that best matches how you plan to use your funds. A same-chain swap generally costs less, while a cross-chain swap offers greater flexibility.

Yes. Bitget Wallet allows you to swap ELA for USDT on supported networks, including Ethereum, Solana, BNB Chain, Base, and TRON. If you choose USDT on the same blockchain, the transaction is considered a same-chain swap.

Yes. You can swap ELA directly within Bitget Wallet using the Cross-Chain Swap feature without first depositing your assets into a centralized exchange.

Yes. Splitting a large transaction into several smaller swaps or trading during periods of higher liquidity may reduce price impact.

Yes. Before confirming the transaction, Bitget Wallet displays the current exchange rate, estimated output amount, price impact, and Gas fees.

Depending on available liquidity, you can swap ELA for USDT, USDC, ETH, BNB, SOL, or other supported cryptocurrencies.

Yes. If liquidity is available and the token is supported by the swap aggregator, newly listed tokens can usually be exchanged.