How to sell Ethereum for USD, Beginners Guide

You can sell Ethereum for other cryptocurrencies on most exchanges. To do so, waterput te an Ethereum sell order to exchange for the cryptocurrency of your choice.

You can sell Ethereum for US dollars on Coinbase, Gemini, and Losbreken. To do so, navigate to the “Sell Ethereum” section on your preferred toneelpodium and go after the instructions to sell it for USD.

Kritiseren and Gemini have the cheapest fees when selling Ethereum. The fees range from 0.00% to about 0.25% on each sale.

How to sell Ethereum for USD

Whether you’ve earned Ethereum through mining or purchased ethereum, there may come a time where you want to metselspecie out some of your stash for good ol’ fashioned U.S. dollars. I can’t blame you. Sometimes you need to pay the bills, and most businesses don’t accept crypto spil currency (…yet.)

The easiest and cheapest way to sell Ethereum is by using an exchange with an ETH/USD pairing. Ter this geschreven article, I’ll walk you through the selling process on three of the most popular exchanges used to sell Ethereum.

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Coinbase

Coinbase is the simplest toneel to sell Ethereum on. They have web and mobile interfaces that you can use to sell, but I’m only going to voorkant the web toneel here. The steps to sell on the mobile app are almost identical.

Very first, create a Coinbase account and inject your handelsbank account information. After that, you need to send your Ethereum from its current wallet to your Coinbase wallet.

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Navigate to the “Accounts” tabulator and tapkast the “Receive” button for your Ethereum wallet. You’ll be shown the public address to which you can send your funds.

After sending your Ethereum to your Coinbase wallet, click on the “Buy/Sell” tabulator. Then, s elect the “Sell” option and make sure your currency is set to Ethereum.

From there, you can set how much Ethereum you’d like to sell and confirm your transaction. Coinbase charges 1.49% when selling into a U.S. handelsbank account or USD Coinbase wallet. Sales to a PayPal account are succesnummer with a Trio.99% toverfee.

Gemini

Gemini is another exchange you can use to sell your Ethereum for USD. The verhoging is slightly more complicated than Coinbase and is only on the web.

To sell Ethereum through Gemini, you very first need to create a profile and fasten a canap account. Next, navigate to the ETH deposit section of the verhoging via the “TRANSFER FUNDS” tabulator at the top of the screen.

Here, you’re given a public address that you can transfer your funds to.

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With Ethereum ter your account, click on the ETH → USD option under the “SELL” tabulator. You can sell your Ethereum just spil you would trade any other cryptocurrency by placing an order or taking an order off the books.

Gemini uses a toverfee schedule to determine the fees when you trade Ethereum. This number is determined by your 30-day trading volume and whether or not you’re a maker or a taker. The fees range from -0.1% to 0.25%.

After you’ve traded your Ethereum for USD, you can then withdraw it to your canap account with no extra fees.

Kritiseren

To sell your Ethereum on Openleggen, you merienda again need to create an account and connect to your handelsbank. You additionally need to get Tier 1 verification by coming in your utter name, date of birth, country of residence, and phone number.

Merienda verified, you can stir your Ethereum to Openleggen by navigating to the “Funding” tabulator. From there, just choose “Ether” and generate a fresh address to send your currency to.

Similar to Gemini, you can either place an order or pack one that’s already bot placed when selling.

The Losbreken fees are also calculated by your 30-day trading volume and maker/taker status. Thesis fees are typically inbetween 0.00% and 0.26%.

3 comments

  1. Good to know that they are back. I checked them last night wasgoed getting error on my mobile app. Well This is one of the reason it is not advisable to store all your token on exchanges.

  2. Do not listen to McAfee he is a stortbad,he twitted binance wasgoed hacked but they werent it might cause another scare this McAfee doesnt know how powerful his words are,because most of his followers are blinded by the anti-virus thing but he himself should be cleaned because viruses are providing him a loterijlot of delusions.I never thought binance would be hacked because it is one of a kleintje which has the most secured exchange system.

  3. May I ask, why am I at the time of KYC verification difficult to accept? Is KYC valid only by using a passport? Other identities such spil resident cards are difficult to accept. Please help.

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