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Guide: Selling Tokens

How to sell a position cleanly using Return To BTC — market sells, partial sells, and best practices.

Prerequisites

  • A position you want to exit (see Portfolio)
  • The active wallet is the one holding the position

Step 1 — Open the Position

Tap Portfolio and tap the token you want to sell. You'll see:

  • Balance
  • Current price
  • Average entry
  • Unrealised P&L
  • Quick actions row: Sell, Sell %, Limit Sell, Alert

Step 2 — Choose Sell Size

Tap Sell and pick:

  • 25%, 50%, 75%, 100% presets
  • Or Custom %
  • Or Custom token amount

The bot returns a sell quote:

Selling 50% (920 SPK)
Receive:        0.00505 BTC
Avg fill:       $0.347
Price impact:   0.4%
Network fee:    $0.04
DEX fee:        0.30%
Integrator fee: 1.00%
You receive:    0.00499 BTC
P&L (this lot): +0.00041 BTC  (+8.9%)

Step 3 — Confirm

Tap Confirm Sell. The bot signs, broadcasts, and returns a receipt with:

  • Tokens sold
  • BTC received
  • Realised P&L on this lot
  • Remaining balance
  • Tx hash

Realised P&L is added to your Portfolio → Stats.

Partial Sells (Laddering Out)

Rather than dump 100% at one price, ladder out:

LevelSizeWhy
+50% from entry30%Lock in some win
+100%30%Free-roll the rest
+200%20%Trail the runner
Stop at break-evenremaining 20%Risk management

Set each level as a Limit Sell Order and let the bot execute automatically.

Selling Into a Move

When a token is spiking:

  • Default slippage of 1% may fail — bump to 3–5% if volatility is extreme.
  • Watch for price impact on big sells — splitting a sell into two smaller trades can save 0.5–1%.

Tax Considerations

Each sell is a taxable event in most jurisdictions. Return To BTC tracks:

  • Sale date
  • Cost basis (average method)
  • Realised gain/loss in BTC and USD

Export from Portfolio → Export for CSVs friendly to most tax tools.

Common Mistakes

  • Selling 100% at the first green candle. Ladder — partial sells preserve upside.
  • Sell slippage too low during a dump. Order rejects, you miss the exit.
  • Selling the wrong token. Always check the token name on the confirmation card.

Next: Guide: Creating Limit Orders →

Return To BTC — Trading on Spark, the Bitcoin L2. Follow us on X.