Top Places To Sell Ethereum (ETH) With User Reviews
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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
Ethfinex exchange was established in 2018 and further rebranded to DeversiFi. DeversiFi is a decentralized exchange, allowing you to trade with assets by connecting your Ethereum wallet to the platform without registration.
EXMO is a cryptocurrency platform which enables users to carry out financial transactions with each other in cryptocurrency. A lot of important key facts about the exchange is found on the About Us page. The Exmo exchange was founded in 2013. It is based in London. The physical address is EXMO EXCHANGE LTD. 41 Corsham St, London, United Kingdom.
Exrates is a crypto exchange that was founded in 2016 which makes it an older crypto exchange. There is not much information about the founders but the site reveals that it is registered in Estonia under a company named DexTechnologies OU.
An UK-based ExtStock exchange was established in 2018. It provides trading facilities for scalping as well as high-frequency trading.
Exx exchange was founded in 2017 and is based in Hong Kong. In 2021 many users reported of disappearance of their funds on the exchange. We strongly recommend to avoid using this exchange.
EZBTC.CA was the Canadian exchange, which vanished with users’ funds after the regulator (The British Columbia Securities Commission) had taken action. The exchange stopped its operation in November 2019.
Fatbtc is a blockchain exchange which covers BTC, ETH, USD markets as well as provides pairs against FAT, the platform’s native token.
Chinese platform FCoin announced in February, 2020 that the exchange will stop its operation. A founder of the exchange explained this decision by internal errors. FCoin still owes its users the amount from 7.000 to 13.000 BTC.
Site:
www.fcoin.com
Launched:
2018
FLX wallet is an offline device used to store crypto funds securely. FLX wallet supports major cryptocurrencies.
FreiExchange was founded in 2016 in Norway by a team of local enthusiasts aiming to support Freicoin, an old crypto, that is also called “Bitcoin with demurrage”. The trading volume on this platform is rather moderate. As of now, it offers 31 cryptocurrency pairs with Bitcoin as a counter currency.
Gate.io was founded in 2013 by Lin Han. The platform is operated by Gate Technology Incorporated. This year, April 17, Gate.io managed to raise raised $64,000,000 as an initial coin offering (ICO), and according to exchange CMO Mrs. Marie Tatibouet on April 8, 2019, it raised an undisclosed amount of capital from 5 BLOCKS CAPITAL.
It became known in spring 2019 that Gatecoin exchange would stop its operation. It was stipulated by the decision of the Hong Kong court after quite a long attempt to recover lost funds. The loss amounted to $2 mln.
GateHub is a relatively old wallet which was founded back in 2014, at the very start of the cryptocurrency rise. Currently, the wallet has 5 coins listed. The founding company, GateHub Limited, is located in London, UK.
Gemini is an exchange founded in 2015 in the USA. The platform is open for traders from the USA, Canada, Europe, and the UK.
Graviex is a Centralized cryptocurrency exchange based in the Malta. The exchange was launched in 2018. Its reported volume is about 118344 $ as for 8 October 2019. Graviex has 32 available trading pairs and 123 coins. Deposits are Depends on currency and volume on the exchange. Graviex have Fiat deposits option. Margin trading option is not available on the exchange. Graviex is quite active in social media, with more than 4000 Twitter followers. You can leave your review about Graviex here.
Guarda Wallet is a non-custodial service for top coins, such as BTC, ETH, EOS, USDT and other currencies. Using Guarda Wallet, one can purchase, exchange and stake cryptos.
HBTC is the company incorporated in the Republic of Malta in 2018 by James Ju. HBTC Exchange is a 100% Token Holder Owned Trading Platform, jointly invested by Huobi, OKEx, and other 56 first-class institutions. providing traders with Spot, Margin, Futures, OTC, Options trading products. HBTC provides a 100% Proof of Reserve and a 100% transaction trading fee proof in order to protect end-users’ assets safety and platform credibility.
HelioWallet is a client-side tool that generates an Ethereum address and supports top hardware wallets. It does not require personal information and can be used anonymously.
HolyTransaction is a cryptocurrency wallet that is often found in the ratings of the best wallets in Europe and in the news feeds of Western European cryptocurrency media. HolyTransaction multi-currency wallet is convenient and easy to use. These are the characteristics that provided it with wide popularity among traders and investors, as well as enthusiasts working with digital assets.
Hotbit is one of the youngest exchanges opened in early 2018. The exchange does not work with fiat currencies. Hotbit has also adopted some advanced technologies such as GSLB, distributed server clusters, and storage. It goes with a high-speed memory-based trading engine all backed up in multiple machines, cold storage locations, and hot wallets with offline private keys.