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🤑Selling

Selling your Boomerang (BMR) coins is a straightforward process designed to give you flexibility and control over your investments and Safety Nets.

🌎 Using the sell widget on our website

Selling via our website is easy:

  • Access the sell widget: Go to boomerangcoin.com and navigate to the sell widget. This tool is designed to make your selling process as smooth as possible. The sell widget displays all your Safety Nets. You can easily see the status of each one, including whether they are active, claimable, cancelled or expired.

  • Sell of a Safety Net: To sell your BMR coins, just click on the "Sell" button next to the Safety Net you want to cancel.

  • Sell + claim of a Safety Net: If a Safety Net is claimable (meaning the value of BMR has dropped significantly), you'll see a "Sell + Claim" option. This allows you to sell your BMR coins and claim the Safety Net benefits at the same time.

  • Sell a specific amount of BMR: When you choose to sell a specific amount of BMR, the platform will automatically cancel the most recent Safety Net(s) associated with your BMR coins. This is similar to the process when using a decentralized exchange (DEX) like SushiSwap.

🛡️ Impact of selling on Safety Nets

When you decide to sell your BMR coins, any related Safety Nets will be cancelled. Here’s what that means:

  1. Cancellation upon selling: As soon as you sell BMR coins, the Safety Nets linked to those specific coins will no longer be active. Remember, coins are linked to a Safety Net.

  2. Understanding the change: This cancellation is important to note because it affects the protective layer you have on those particular coins. Once sold, those coins no longer have the Safety Net feature.

  3. Informed decisions: Knowing the status of your Safety Nets helps you make more informed decisions about when and how much to sell.

  4. Review After Selling: After selling, review your remaining coin positions and their related Safety Nets to understand your current investment standing.

🍣 Sell via a DEX - like SushiSwap

Additionally, you have the option to sell your Boomerang (BMR) coins via Sushi Swap, which is another straightforward method for carrying out transactions. While selling through Sushi Swap, keep in mind that it will likely lead to the cancellation of the latest Safety Net(s) associated with your BMR coins. This is an important factor to consider, as it affects the protective layer of your remaining investment in Boomerang.

✅ Conclusion

Selling your Boomerang coins is designed to be a transparent and user-friendly experience. With the sell widget, you have all the information you need at your fingertips, ensuring that you are fully informed about the status of your investments and Safety Nets. This allows you to manage your cryptocurrency portfolio with confidence and ease.

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