How to sell LFI with Bitget Wallet

  1. Download and open the Bitget Wallet app, and ensure your account holds base LFI tokens.
  2. Swap base LFI 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., LFI on the base 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

Yes. Bitget Wallet allows you to swap LFI 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, but rapid price movements can cause significant slippage and price impact. Check the quoted amount, slippage, and price impact immediately before confirming the transaction.

Before confirming the transaction, Bitget Wallet automatically checks available liquidity and displays the estimated output amount.

By default, the received tokens are sent to your current Bitget Wallet address. You can also change the receiving address before confirming the transaction.

Yes. As long as the wallet is supported by Bitget Wallet and contains LFI, you can import or connect it before initiating the swap.

Transactions may take longer during periods of network congestion or when cross-chain routing requires additional blockchain confirmations.

Yes. Bitget Wallet supports cross-chain swaps, allowing you to exchange LFI for assets on other supported blockchain networks.

Yes. You can swap LFI into supported stablecoins such as USDT or USDC across multiple blockchain networks.

Yes. After submitting the transaction, you can view its status in Bitget Wallet or through the blockchain explorer for the selected network.

To sell LFI, open Bitget Wallet and make sure your wallet contains LFI on the base network. Go to Trade → Cross-Chain Swap, select LFI as the token to sell, choose the amount, select the token you want to receive (such as USDT or USDC), review the transaction details, and confirm the swap.