How to sell HOOD with Bitget Wallet
- Download and open the Bitget Wallet app, and ensure your account holds sol HOOD tokens.
- Swap sol HOOD 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., HOOD on the sol 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
Yes. You can enter any amount of HOOD to swap, provided your wallet still has enough native tokens to cover the required Gas fees.
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.
To sell HOOD, open Bitget Wallet and make sure your wallet contains HOOD on the sol network. Go to Trade → Cross-Chain Swap, select HOOD 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.
Bitget Wallet provides a self-custody experience with integrated cross-chain swaps, multi-chain support, smart routing, and real-time transaction information, allowing users to exchange HOOD securely and conveniently.
Yes. Blockchain network fees are charged for processing transactions, even if the swap ultimately fails.
Yes. However, higher price volatility may require a higher slippage tolerance and could result in larger price differences between the quoted and executed prices.
Slippage is the difference between the quoted price and the final execution price. It occurs because token prices may change while the blockchain processes your transaction.
No. Once an on-chain transaction has been signed and submitted, it cannot be canceled. Always verify the transaction details before confirming.
For many blockchain networks, the first swap requires a token approval transaction, which authorizes the smart contract to access your tokens.
Yes. Bitget Wallet is a self-custody wallet, meaning you retain control of your private keys throughout the swap process. Transactions are executed on-chain without requiring you to deposit assets into a centralized platform.
