Top Places To Sell Ethereum (ETH) With User Reviews

Where can you sell Ethereum (ETH) in 2024?

Introduction

As the cryptocurrency market continues to evolve, Ethereum (ETH) has established itself as a key player. This article will guide you through the process of selling Ethereum, highlighting its history, the technology it's based on, and the most efficient ways to trade it.

Understanding Ethereum: Beyond Just a Cryptocurrency

The Genesis of Ethereum

Ethereum was proposed in late 2013 and went live in 2015, created by Vitalik Buterin and a team of co-founders. It's more than just a cryptocurrency; it's a platform for decentralized applications (dApps) and smart contracts, offering a broader scope of applications compared to Bitcoin.

The Technology Behind ETH

Ethereum runs on a blockchain network, utilizing a decentralized public ledger to record transactions. Its unique selling point is the smart contract functionality that automates and executes contracts when certain conditions are met, without any intermediary.

Selling Ethereum: Platforms and Strategies

Choosing the Right Exchange

There are numerous cryptocurrency exchanges where you can sell Ethereum. Some of the most renowned include:

  1. Coinbase: Known for its user-friendly interface and strong regulatory standing.
  2. Binance: Offers a vast array of cryptocurrencies and is known for its low transaction fees.
  3. Kraken: Renowned for its security features and robust trading tools.

Strategies for Selling ETH

Understanding market trends and the timing of your sale is crucial. It's advisable to monitor the market conditions, as Ethereum's price can be volatile. Utilizing trading tools like stop-loss orders can help mitigate risks.

Ethereum and Its Market Dynamics

Evaluating Ethereum's Market Trends

The value of Ethereum, like other cryptocurrencies, is influenced by various factors, including market demand, technological advancements, and overall market sentiment. Staying updated with the latest Ethereum news and developments is essential for any seller.

The Future of Ethereum

Ethereum's ongoing transition to Ethereum 2.0, which aims to improve its scalability and energy efficiency, is eagerly anticipated in the crypto community. This upgrade could significantly impact its value and usability.

Conclusion

Ethereum is not just another cryptocurrency; it's a pioneering platform that has opened new avenues in the blockchain space. Selling Ethereum requires an understanding of the market, the platform’s technological underpinnings, and a well-thought-out strategy.

When choosing a platform to sell Ethereum (ETH), consider its user rating. Make a conscious choice when choosing a platform. Study the company page on our website, read user reviews and draw conclusions whether you should use this service. There are a lot of scams in the field of cryptocurrency. Taking into account the reputation of the service when choosing a place to sell Ethereum (ETH) is absolutely necessary if you do not want to lose your investment.
182 companies

Freewallet (or FRWT) is a web3 non-custody wallet that supports a wide range of functions including swapping, purchasing, and managing cryptocurrencies based on 15 different blockchains with safety and ease.

Country:
Estonia
Launched:
2016

HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.

Site:
hitbtc.com
Country:
Chile
Launched:
2013

Binance is currently one of the biggest and most popular cryptocurrency exchanges. Originally coming from Hong Kong, the company has recently moved its headquarters to Malta. Back at the beginning of its path the company had an ICO and gathered 15 mln USD. Participants got Binance Coin (BNB) which could be used to trade cryptocurrencies and pay for a fee on Binance exchange.

Country:
China
Launched:
2017

Wirex is a payment platform for buying, selling, storing, exchanging, and transferring digital currencies. The physical location of the application is at 34-37 Liverpool St, London EC2M7PP, United Kingdom. It was founded in 2014. Wirex Limited is authorized by the Financial Conduct Authority (FRN: 902025) to perform financial activities such as issuing of electronic fiat money and payment instruments. The mobile application is available on the App Store for iOS devices and Google Play for Android devices.

Site:
wirex.sjv.io
Country:
United Kingdom
Launched:
2014

Coinbase is a leading digital currency platform and wallet where sellers and buyers can transact with new types of digital currencies such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The exchange was founded by Brian Armstrong and Fred Ehrsam in 2012 and is based in San Francisco, California. They focus on the US market, however, the company currently operates in 31 countries and offers storage of bitcoins in 190 countries around the world.

Country:
USA
Launched:
2012

Founded in 2017, Bibox is an online crypto exchange where users can trade a wide range of digital currencies in pairs with BTC, ETH, USDT, DAI, and BIX. BIX is Bibox’s native token, which allows its holders to access discounted trading fees. The exchange has around 30 currencies listed at the moment and 179 markets running according to CoinMarketCap.

Country:
China
Launched:
2017

Bithumb is a cryptocurrency exchange that is based in Seoul, South Korea.
The platform was founded in 2013. It allows users to buy, sell, and store various cryptocurrencies.
In South Korea, Bithumb is one of the largest exchanges, and it boasts some of the biggest crypto trading volumes.

Country:
South Korea
Launched:
2016

Coinomi is one of the oldest cryptocurrency wallets, supporting a wide range of currencies and tokens since the launch of the project. Currently, the number of supported coins and tokens exceeds five hundred. The wallet provides a built-in exchange as an additional feature. Both desktop and mobile versions of the wallet are available.

Country:
International
Launched:
2014

Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.

Site:
twitter.com
Country:
Australia
Launched:
2013

Cryptonator is a multi-currency digital assets wallet. It's worth mentioning that Cryptonator accepts fiat currencies as well. It is a software hot wallet with the inbuilt function of the assets exchange. As the wallets (especially hot wallets) are subject to numerous hacker attacks and phishing it's important to understand if Cryptonator is safe before start using it. The following review will help to make the right decision.

Country:
Hong Kong
Launched:
2014

Exodus is a top-tier multi-cryptocurrency wallet with rich opportunities for personalization and numerous available features. It was founded in 2016 with the idea to provide crypto beginners with a convenient tool to handle their coins. There is no sign-up or maintenance fee charged for its use.

Country:
USA
Launched:
2016

IDAX was established in December 2017 and it is currently the only operating Mongolian cryptocurrency exchange. In 2019 the exchange was shut down.

Site:
www.idax.pro
Country:
Mongolia
Launched:
2017

IDEX is a cryptocurrency exchange that was launched early last year. The exchange aims to offer users the experience of a centralized exchange that boasts the security benefits of a decentralized platform.

The exchange provides a peer-to-peer trading environment. It also uses smart contracts to relay transactions over the Ethereum blockchain, and this allows the order book of your account to be updated in real-time.

Site:
idex.market
Country:
Panama
Launched:
2016

SpectroCoin is a web-based crypto multi-currency wallet initially established as a cryptocurrency exchange in 2013. SpectroCoin provides numerous payment options and offers an original prepaid VISA debit card applicable for shops and ATMs. The other features of SpectroCoin are the currency exchange platform and providing payment solutions to merchants. The wallet is available in around 150 countries. SpectroCoin wallet is rather more convenient for EU users than the residents of the USA. The supported cryptocurrencies are Bitcoin, Dash, Ethereum, Litecoin, Ripple, Tether, and so on. Moreover, users may store 30 fiat currencies (USD, EUR, and others). The total number of supported cryptocurrencies is 14.

Country:
United Kingdom
Launched:
2013

Aave is an open source non-custodial protocol on Ethereum for decentralized lending and borrowing.

Site:
app.aave.com
Country:
Eswatini
Launched:
2017

ABCC is a Centralized cryptocurrency exchange based in Singapore. The exchange was launched in 2018. ABCC has 132 available trading pairs and 73 coins. Deposits are Free on the exchange. ABCC doesn't have Fiat deposits option. Margin trading option is not available on the exchange.

Site:
abcc.com
Country:
Singapore
Launched:
2018

Abra is the investment product and a mobile crypto wallet that can be used on both Apple and Android platforms. Abra supports cash-out transactions as well as bank transfers.

Site:
www.abra.com
Country:
International
Launched:
2014

ACX is an Australian exchange with the mainly focus on the local market.

Site:
acx.io
Country:
Australia
Launched:
2014

Allcoin is a Centralized cryptocurrency exchange based in Canada. The exchange was launched in 2013. Allcoin has 59 available trading pairs and 25 coins. Deposits are Free on the exchange. Margin trading option is not available. It supports trading of Bitcoin, Ether and its own equity coin Qtum against the USD. Like many other not regulated exchange Allcoin isn’t allowed in some countries like Africa, South America and the USA. The Allcoin’s strongest point is its trading fees for takes, which is claimed to be 0.00%.

Country:
Canada
Launched:
2014

Altcoin Trader is a Centralized cryptocurrency exchange based in South Africa. The exchange was launched in 2014. Altcoin Trader has 20 available trading pairs and 21 coins. The exchange uses the Ordinary procedure for verification including two-step verification process and Know Your Customer (KYC) procedure. If you want to raise the account limits and minimize processing time you must go all the way, uploading ID card, proof of residence, etc.

Country:
South Africa
Launched:
2014
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