Top Places To Sell Ethereum (ETH) With User Reviews
I'm looking to...
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:
- Coinbase: Known for its user-friendly interface and strong regulatory standing.
- Binance: Offers a vast array of cryptocurrencies and is known for its low transaction fees.
- 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
BitMart is a cryptocurrency exchange launched in 2017. The exchange is registered in the Cayman Islands. The team working for the exchange has ex-members from Amazon, Alibaba, and other huge companies. However, the team members are not showcased on the BitMart website. The offices of BitMart can be found in New York, Seoul, Hong Kong, and Singapore.
Bitpanda is a digital currency investing service, launched in 2014 which allows its users to buy crypto with Fiat (EUR, USD, GBP, and CHF). The exchange supports 30+ coins for purchase. The exchange is completely open and does not hide information about the license and the team, so many trusts it. More than a million people visit the official website of the exchange daily. The service is available in 3 languages: English, German and French.
The BitPay open-source Wallet is one of the products of the BitPay gateway that powers crypto payments for enterprises. BitPay was established in 2011. The BitPay wallet allows buying and selling cryptos.
BitRabbit is a cryptocurrency exchange established under the Australian legal framework. As of now, it is the largest digital exchange platform in this country. Word “rabbit” conveys the speed of changes in crypto and blockchain.
Bitso is the first exchange to enable pesos/BTC trading in Mexico. Although, BTC has a limited book and can’t buy or sell BTC directly. The exchange has a mobile app on Android and IOS , API and the cold storage. Bitso provides a great support for their traders and offers different educational materials for the new investors.
But at same time platform doesn’t have the margin trade and has the variable fees from a maximum of 1% to a minimum of 0.1%. The platform has a good security. Bitso initiates the KYC involving three levels of verification, which determine the limits on a trading account.
Bitstamp is a crypto exchange founded in 2011 by Slovenian developers Nejc Kodric and Damijan Merlak to provide crypto services for European traders. This was a response to the growing dominance of Asian exchange Mt Gox.
The platform was developed to have guiding rules that ensured that customer's funds were safe from breaches. The crypto exchange became popular as it was one of the first that allowed users to purchase cryptocurrencies using popular fiat currencies.
Bitwala is a Bitcoin and Ethereum wallet linked to the bank account and therefore works as a mobile bank service. It’s possible to buy and sell these two major crypto coins with the help of Bitwala.
The Bleutrade exchange came to existence in March 2014 with a goal to provide customers with a kind of service that would give them a new understanding of what financial freedom is. Unlike many similar platforms, Bleutrade has a thing for innovative solutions and for the use of nascent technologies. Being passionate about altcoins and the impact they have on the cryptocurrency market, the Bleutrade team is open to listing new coins and tokens that appear quite frequently these days.
Blockchain wallet is an electronic wallet for the online storage of digital currencies. Initially, only Bitcoin was supported, but the platform was developing, and now, in addition to Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Stellar (XML), Paxos Standard stablecoin (PAX) are available. The platform supports more than 20 language versions. Blockchain wallet can be obtained using a mobile application that is easy to download on Android or iPhone.
Braziliex is a Brazilian cryptocurrency exchange started in 2017. The platform lists more than 10 altcoins.
Bread Wallet is the cryptocurrency wallet for transactions with BTC, BCH, ETH, XBT and ERC-20 tokens. Using Bread Wallet, one can buy and trade with the supported coins.
BTCBOX is a Japanese cryptocurrency exchange started in 2014. The platform is registered with the national Financial Services Agency and one of the top exchanges in the country. BTCBOX offers trading with major crypto coins as paired against Japanese Yen.
BTC markets cryptocurrency exchange was founded in Australia In 2013. The platform is registered as Digital Currency Exchange with AUSTRAC.
Buda is the crypto exchange platform focused on the markets of Argentina, Chile, Columbia, and Peru. The company was established in Chile in 2015.
With the help of Buda service, residents of the above-listed countries can buy and sell top crypto coins for their national currencies. You can check financial terms for each market on their website. There is an Android and iOS app.
Trading commission for instant purchase and sale makes 1.2%. There is a fee schedule for limit and market orders depending on volume traded.
BX Thailand is currently not providing exchange trading services. The exchange is officially closed.
Bitcoin Co. Ltd. was the operating company for Bitcoin Exchange Thailand. This company started to seek licensing from the Bank of Thailand in 2013. After receiving approval from BoT, the development of the exchange service under the brand BX.in.th had been started. Following that, the merchant service CoinPay was launched.
Update: The exchange is closed.
CampBX is a platform where you can buy and sell Bitcoins in real-time from other CampBX users. Your buy or sell orders are matched against a parameterized database of other orders. If a perfect match is found, a Bitcoin-to-USD trade is executed instantly. If there are no matching orders at the price you specified, then your order can remain open for up to 31 days. To maintain fairness in trading, the CampBX platform has taken a purely-platform approach and CampBX is never a counter-party to any trade.
Change Wallet is the mobile application allowing to purchase, sell and transact with the number of cryptocurrencies.
Circle is an easy to use wallet providing an opportunity to buy, transfer and save digital money. The full name of the application was Circle Invest wallet. Its mobile version can be found on Google Play and Apple Store.
On Jan 15, 2020 CODEX exchange was closed. The announcement for closing business was published in advance so that the exchange’s customers were able to withdraw their funds. The reason why CODEX stopped its operation is changes in the European regulations.
Coinall is a Malta-registered exchange and a strategic partner of OKEx. The exchange offers multiple pairs for trading, including stablecoins and quality tokens.