How to sell Ethereum?

Understanding Ethereum

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You can make a good amount of money if you buy and sell Ethereum at the right time. The price isn’t as volatile in comparison to the bitcoin. However, it’s critical to chose the best time to sell it when you can maximize your profits and hopefully repurchase it later at a better cost. Let’s go over some of the best platforms that you can use to sell ETH.

Coinbase

Coinbase is one of the world’s most popular and trusted cryptocurrency exchanges. It has a long history of satisfying its clients needs with minimal downtime. Additionally, it is very secure and can be accessed via web browser, Android, or iOS. You can sell Ether, bitcoins, and Litecoins on the exchange.

When using the Web Browser follow the following simple steps:

  • Visit the Buy/sell page
  • There is a sell option at the top of the page, select it.
  • Ensure that the currency selected is Ethereum
  • Enter the amount you want to sell
  • Enter your preferred payment method.
  • Finish by clicking “sell Ethereum.”

While using the IOS or the Android app follow the following steps:

  • In the app click the menu icon at the top to open the navigation bar.
  • Click the “Sell icon”.
  • Ensure that the currency selected is Ethereum
  • Enter the amount of Ethereum you want to sell
  • Select your preferred payment method
  • Click the “sell Ethereum” button

Cex.io

Cex.io has made over $80 million dollars worth of card transfers. Selling Ethereum on Cex.io is very simple. Follow the these steps:

  • Visit the Cex.io page
  • At the top of the page click the buy/sell option.
  • Ensure that the currency is Ethereum
  • Enter the amount you would like to sell
  • Confirm the transaction and finally click the sell Ethereum button.

BITPanda

BitPanda is another effective platform for selling your Ethereum. On BitPanda, you can even have funds sent directly to your PayPal account for the sale of Ethereum. Follow these simple steps to sell your Ethereum on BitPanda.

  • Go to the Bitanda website.
  • Open an account
  • Go through the whole verification process
  • Click the sell Icon
  • Select Ethereum as your currency
  • Choose the payment method
  • Click the sell Ethereum button.

Kraken

Kraken is very popular, especially in countries with stable economies. Its process of buying/selling is very simple. Many people prefer to sell their Ethereum using Kraken because it’s proven to be a very secure platform.

It was also the first site to start selling Ether, therefore, the market is quite used to it. With Kraken follow these simple steps to sell Ethereum:

  • Visit the Kraken webpage
  • Set up an account
  • Click the buy/sell icon
  • Enter the currency to sell as Ethereum
  • Enter the amount you want to sell
  • Enter your preferred payment method
  • Confirm your details
  • Click the sell Ethereum button.

The Best Time To Sell Ethereum

The best time to buy Ethereum is most likely when the bitcoin price is raging, because most people usually exchange their ETH for BTC at that point in order to make a profit from the BTC price increases. Once ETH stabilizes, or there are particularly interesting developments and ICO news, that is when you want to sell it.

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