How to Sell Toncoin with Low Fees in Cordoba: 2024 Step-by-Step Guide

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Why Sell Toncoin in Cordoba?

Cordoba’s growing crypto adoption makes it an ideal location for selling Toncoin (TON). As a high-speed blockchain with minimal transaction costs, Toncoin offers unique advantages for Argentinians seeking efficient crypto-to-cash conversions. With rising inflation, many Cordobans use TON for remittances and value preservation, creating active peer-to-peer trading opportunities with lower fees than traditional exchanges.

Understanding Toncoin Transaction Fees

Toncoin’s blockchain averages $0.01-$0.05 per transaction – significantly cheaper than Bitcoin or Ethereum. However, additional fees apply when converting to pesos:

  • Platform Fees: Exchanges/P2P marketplaces charge 0.1%-2% per trade
  • Payment Processing Fees: Bank transfers (1%-3%), e-wallets (2%-5%), or cash deals (0%)
  • Spread Costs: Difference between buy/sell prices on exchanges

Step-by-Step Guide to Selling Toncoin with Low Fees in Cordoba

  1. Choose a Low-Fee Platform: Opt for Binance P2P (0% trading fee) or Bybit (0.1% taker fee) instead of high-fee local exchanges
  2. Create and Verify Your Account: Submit ID/passport and proof of Cordoba residency on your chosen platform
  3. Transfer TON to Your Wallet: Send coins from your private wallet (e.g., Tonkeeper) to exchange wallet. Average fee: $0.03
  4. Initiate P2P Trade: On Binance P2P, select “Sell TON” → Filter by “Payment Method” (bank transfer/cash) → Choose buyer offering best rate
  5. Complete Fiat Transfer: Share bank details (e.g., MercadoPago, Ualá) or arrange cash meetup in Cordoba center
  6. Confirm Receipt: Buyer marks payment complete → Platform releases TON from escrow

Top Low-Fee Platforms for Selling Toncoin in Cordoba

  • Binance P2P: 0% fees + 500+ Argentine peso payment options
  • Bybit: 0.1% spot trading fee + instant ARS withdrawals
  • LocalToncoins: Direct peer trades with negotiable fees (avg. 0.5%-1%)
  • Saldo.com.ar: Local exchange with 1.5% fee for bank transfers

Pro Tips for Minimizing Fees

  • Trade during peak hours (8-10 PM) for better P2P rates
  • Use “Limit Orders” on exchanges to avoid spread costs
  • Bundle transactions – selling larger amounts reduces percentage fees
  • Verify buyer ratings and trade history to avoid scams
  • For cash deals: Meet in secure locations like Alto Palermo Shopping

Frequently Asked Questions (FAQ)

What’s the cheapest way to sell Toncoin in Cordoba?

Binance P2P with cash payments has 0% platform fees – you only pay Toncoin’s $0.03 network fee.

Are Toncoin sales taxable in Argentina?

Yes. Profits exceeding ARS 300,000/month must be reported to AFIP under “Bienes Personales” tax.

How fast are peso withdrawals?

Bank transfers take 1-24 hours. Cash payments via P2P are instant upon meeting.

Can I sell Toncoin without ID verification?

No. All regulated platforms require KYC verification per Argentine crypto laws.

What’s the minimum Toncoin I can sell?

Most platforms allow sales as low as 0.1 TON (~ARS 1,200).

By leveraging P2P platforms and strategic timing, Cordoba residents can routinely achieve total fees under 1% – converting Toncoin to pesos efficiently while maximizing returns. Always prioritize verified traders and secure payment methods for risk-free transactions.

CoinForge
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