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 company

Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in  Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA.

Country:
China
Launched:
2013

Indacoin is a company working in the cryptocurrency field since 2013, based in London, the UK. Users can utilize the service to buy over 100 different cryptocurrencies through credit/debit card payment without registration.

Site:
indacoin.com
Country:
United Kingdom
Launched:
2013

ISX is the first Icelandic cryptocurrency exchange. It offers AUR/ISK (Auroracoin against Iceland krona) and BTC/ISK pairs for trading. 

Site:
isx.is
Country:
Iceland
Launched:
2016

itBit is a strongly regulated financial platform based in New York City. The company has an international office in Singapore. itBit was founded in 2013. It serves as an exchange of digital assets providing the opportunity to trade such cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Stellar Lumens, and Binance USD (BUSD), Paxos Standard (PAX), and PAX Gold (PAXG).

Country:
USA
Launched:
2013

Jaxx was established in 2014 as a decentralized wallet, allowing its users to keep multiple coins in the same application. The founding company, Decentral is claimed to be the first large blockchain company from Canada. Currently, the wallet supports more than 80 popular coins and tokens.

Site:
jaxx.io
Country:
Canada
Launched:
2014

JuBiter Blade is a secure hardware cryptocurrency wallet supporting top cryptocurrencies and ERC-20 tokens. It is connected to the user’s PC via USB or bluetooth.

Country:
International
Launched:
2018

Keepkey is a hardware cryptocurrency wallet. It supports more than 40 different crypto assets.

Country:
USA
Launched:
2013

Korbit was the first exchange to introduce BTC/KRW trading in South Korea, and it's currently active in 30 markets where some of the top cryptocurrencies can all be traded against KRW. The platform also offers a trading API that supports automated trading.

Country:
South Korea
Launched:
2013

Kraken was founded back in 2011 but was officially opened two years later. It is one of the oldest active cryptocurrency exchanges. Kraken provides efficient trading opportunities in numerous Fiat currencies. It is currently holding the world leadership in terms of Bitcoin to Euro trading volumes. The exchange supports both crypto and Fiat deposits as well as withdrawals.

Site:
r.kraken.com
Country:
USA
Launched:
2011

KuCoin is a relatively new exchange that started to operate in the mid-2017. The team behind the project is claimed to be experienced in the blockchain research since 2013. KuCoin has more than a hundred coins listed as well as about 400 active Markets.

Country:
Hong Kong
Launched:
2017

Kuna exchange is the Ukranian company led by Michael Chobanyan and operated by the group of companies registered in England, British Virgin islands and Estonia. It was founded in 2017. 

Site:
kuna.io
Country:
Ukraine
Launched:
2017

Kyber is the decentralized liquidity aggregator that ensures swap of various tokens. Due to the on-chain liquidity protocol, Kyber allows for quick exchange of tokens in any decentralized application. 

Country:
International
Launched:
2018

LakeBTC is one of the oldest exchanges on the market. It had been found back in 2013 and it still has the Asian audience as the priority. The presence of different deposit types are making the exchange interesting for a starting traders. From another point of view the service is reported to be buggy from time to time and some complaints about the support service can be found over the internet. The company also provides the wallet alongside with the exchange, but it is a questionable decision to have both the exchange and the wallet with the same company. Unfortunately, it seems that LakeBTC has ceased its operations although there is no official statement to confirm that.

Country:
China
Launched:
2013

LBank was founded in Hong-Kong in 2016. It focuses on Asian markets and offers mostly crypto-to-crypto spot trading, but also works with fiat: not only US dollars (USD) but also Chinese Yuan (CYN). What’s more, traders can use their bank accounts directly to deposit or withdraw. There are also over 40 cryptocurrency pairs.

Site:
www.lbex.pro
Country:
China
Launched:
2016

Ledger Nano S Wallet is a hardware wallet, a flagship product of the Ledger company, that has been in the industry since 2014. More than 1.5 mln units were sold across the world.

Country:
France
Launched:
2019

LEOxChange is currently not operating. It disappeared without any prior notification. LEOxChange was founded in 2015.

Country:
International
Launched:
2015

Liqui exchange was closed due to the lack of liquidity as was explained in its official announcement. This notification was published in January, 2019. 

Site:
liqui.io
Country:
Ukraine
Launched:
2016

Liquid is a new exchange that was based on Japanese Quoinex and Qryptos exchanges in 2018. Liquid’s World Book combines a global network of liquidity sources by leveraging Quoine's Matching Engine, Smart Order Routing, and Cross Currency Conversion Engine technologies.

Country:
Singapore
Launched:
2018

Livecoin was founded in 2013 in London. This exchange works with dollars, euros and roubles. It has more than 100 available coins to trade. Additionaly, the trading fee is not so high, it could be less than 0.02 for high-volume traders.
Livecoin's volume is quite high and it represents more than $30.500.000.

Site:
livecoin.net
Country:
United Kingdom
Launched:
2013

LOBSTR is one of the first XLM wallets on the cryptocurrency market that was founded in 2014 and officially registered in Belarus. LOBSTR wallet is provided by Ultra Stellar, LLC, an independent commercial entity unaffiliated with the Stellar Development Foundation.  LOBSTR can be called almost the most convenient wallet for mobile gadgets since it is an easy-to-use mobile wallet with an attractive interface. Through the LOBSTR wallet, you can easily send and receive Stellar. A comfortable and simple user interface is perfect for beginners, as you can quickly navigate it. 

Site:
lobstr.co
Country:
Belarus
Launched:
2014
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