How to sell SQUID with Bitget Wallet
- Download and open the Bitget Wallet app, and ensure your account holds base SQUID tokens.
- Swap base SQUID tokens for USDT or USDC on Ethereum, Solana, BNB Chain, Base, or the TRON network.
- 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., SQUID on the base chain), and enter the amount.
- 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.
- 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).
- 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.
- 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.
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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).
Frequently Asked Questions
To sell SQUID, open Bitget Wallet and make sure your wallet contains SQUID on the base network. Go to Trade → Cross-Chain Swap, select SQUID 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.
A same-chain swap exchanges tokens within the same blockchain, while a cross-chain swap transfers value between different blockchains. Cross-chain swaps usually involve additional routing and therefore may require higher Gas fees.
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.
The quoted amount updates in real time based on market prices and available liquidity, so it may change before you confirm the transaction.
Yes. Splitting a large transaction into several smaller swaps or trading during periods of higher liquidity may reduce price impact.
Yes. As long as the wallet is supported by Bitget Wallet and contains SQUID, you can import or connect it before initiating the swap.
Yes. Bitget Wallet allows you to swap SQUID 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.
Bitget Wallet recommends using Smart Slippage, which automatically adjusts the slippage tolerance based on current market conditions to improve the likelihood of a successful transaction.
Depending on available liquidity, you can swap SQUID for USDT, USDC, ETH, BNB, SOL, or other supported cryptocurrencies.
Wait for additional blockchain confirmations. If the network is congested, transactions may take longer than usual to complete.
