Selling Pearl (PRL) for USDT works a little differently from selling a coin on a big exchange, because PRL only trades on a few markets. This guide covers how to sell Pearl from your Oyster wallet, how to sell through an exchange, what it costs and how long each step takes.
prl1. Perle, Pearl Research tokens on Base and wrapped PRL (wPRL) on Ethereum are different assets and cannot be sold through the steps below. See Pearl vs Perle.Two ways to sell PRL
| Sell in Oyster | Sell on an exchange | |
|---|---|---|
| Account needed | No, just the wallet | Yes, usually with ID checks |
| Market | SafeTrade PRL/USDT order book | SafeTrade, BigONE or CoinEx |
| Fees | 1.25% Oyster fee + about 0.1% exchange fee | Exchange trading fee |
| Wait before selling | About 30 minutes (10 blocks) | The exchange’s deposit confirmations |
| USDT paid out to | Your saved address on Solana, Arbitrum or BNB Chain | Whatever the exchange supports |
How to sell Pearl in the Oyster wallet
Oyster’s Trade screen shows the live PRL/USDT order book from SafeTrade, where most PRL volume trades. If you do not have Oyster yet, add it from the Chrome Web Store or open the web app, and import your existing seed phrase if your PRL is in another wallet.
1. Choose sell and an order type
- At market sells right away at the best prices in the book. Set the worst price you will accept (0.5%, 1%, 2% or 5% away, 1% by default). Oyster refuses a fill past it.
- At my price places a limit order that waits for the market to reach your price.
The minimum order is 2 PRL. The review screen shows the average price, fees and the USDT you receive.
2. Your wallet sends the PRL
When you confirm, your wallet signs a transaction that sends the PRL to an exchange deposit address. SafeTrade credits it after 10 Pearl blocks, about 30 minutes, and then the order is placed. Oyster shows the sale’s progress on the home screen the whole time.
If you bought PRL in Oyster and chose Keep on exchange, there is no wait: that PRL is already on the exchange and sells immediately.
3. Withdraw your USDT
The USDT from the sale lands in your buying power. Use it to buy again later, or tap Withdraw to send it back to the address you saved when you first added buying power, on the same chain (Solana, Arbitrum or BNB Chain). The minimum withdrawal is 5 USDT, plus a 1 USDT network fee. One withdrawal can be in progress at a time.
How to sell PRL on an exchange
PRL/USDT trades on SafeTrade (the largest market), BigONE and CoinEx.
- Open an account and complete the exchange’s verification.
- Find the PRL deposit address and check that the network is Pearl. It should start with
prl1. - Send your PRL from your wallet to that address and wait for the exchange to credit it.
- Open the PRL/USDT market and place a market or limit order.
- Withdraw the USDT to a wallet you control, on a network the exchange supports.
Send a small test amount first if it is your first deposit. A payment to the wrong network or address usually cannot be reversed.
Selling mining rewards
Mined PRL needs 100 confirmations before it can be spent. After that you sell it like any other PRL, using either route above. Automatic selling of mining rewards in Oyster (auto-sell) is coming soon. More in the best wallet for Pearl mining payouts.
Tips before you cash out Pearl
- Check the order book depth. A large market order can move the price, so a limit order may fill better.
- Keep the Pearl network fee in mind for small sales. Oyster lets you pick Slow, Normal or Fast.
- Never share your seed phrase with anyone offering to “help” you sell. Real support never asks for it. See Pearl scams to avoid.
- Want to buy back in later? Read how to buy PRL.
Frequently asked questions
How long does it take to sell PRL?
When you sell from your wallet, the PRL first has to reach the exchange. SafeTrade credits it after 10 Pearl blocks, about 30 minutes, and then it is sold. PRL you already keep on the exchange through Oyster sells right away.
What fees do I pay to sell Pearl?
In Oyster you pay the Pearl network fee to send the PRL, a 1.25% Oyster fee on the PRL you sell, and SafeTrade's exchange fee of about 0.1%. Withdrawing USDT costs a 1 USDT network fee. On an exchange you pay that exchange's trading and withdrawal fees instead.
Can I sell PRL on Coinbase or Binance?
No. Native Pearl is not listed on Coinbase or Binance. PRL/USDT trades on SafeTrade, BigONE and CoinEx. The PRL on Coinbase is usually Perle, an unrelated Solana token.
What is the minimum amount of PRL I can sell?
In Oyster the minimum order is 2 PRL, and a USDT withdrawal must be at least 5 USDT. Exchanges set their own minimums.
Can I sell mining rewards right away?
Mining rewards need 100 confirmations before they can be spent. After that you can sell them like any other PRL, or sell them from Oyster's Trade screen.