Step 1: Install the Keplr Wallet
- first visit https://chainlist.org/?search=dym to add $DYM to your metamask wallet
- Visit the Keplr wallet website through the provided link. https://www.keplr.app/
- Add the Keplr wallet extension to your Chrome browser from the Chrome Web Store.
- Once installed, access your Kepler wallet and import your MetaMask wallet by copying the private key.
Step 2: Bridge DYM Tokens to Osmosis
- Enable developer mode in Keplr wallet settings.
- Navigate to the “Assets” section and select your DYM tokens.
- Choose the IBC send option and specify the amount of DYM tokens you want to bridge to Osmosis.
- Confirm the transaction and wait for it to be processed.
Step 3: Trade DYM Tokens on Osmosis
- Access the Osmosis platform and connect your wallet. https://app.osmosis.zone/?to=OSMO&from=DYM
- Navigate to the swap section and select DYM as the token you want to trade.
- Choose the desired token (e.g., USDC) and specify the amount of DYM tokens you want to swap.
- Confirm the transaction and wait for it to be executed.
Step 4: Withdraw Funds to Centralized Exchange (Optional)
- If you wish to withdraw funds to a centralized exchange like Binance, convert your tokens to a compatible asset (e.g., USDC or Osmosis tokens).
- Follow the withdrawal process on the centralized exchange, ensuring to include the required memo.
Conclusion:
By following these steps, you can successfully sell your DYM tokens even when traditional centralized exchanges are not available. Utilizing the Osmosis platform provides a decentralized alternative for trading digital assets, ensuring accessibility regardless of geographical restrictions.
