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Sell Ethereum in 4 steps

Learn how to sell Ethereum (ETH) by following our step-by-step guide comparing crypto exchanges, withdrawal methods and more.

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How to sell Ethereum

The best way to sell Ethereum is through a cryptocurrency exchange. If the assets are already on the exchange, then skip to step 4. Otherwise, you will need to deposit coins or tokens on an exchange to sell on the market.

There are a variety of factors to consider when selling ETH. Before registering on an exchange, be sure to check that the asset is listed on the platform and that you can withdraw the desired fiat currency to a bank account. Compare exchanges to find the lowest deposit fees, withdrawal fees and trading fees to maximize the fiat received.

Step 1: Choose where to sell Ethereum

One of the most important aspects of selling Ethereum is choosing the right exchange. Different exchanges have different fees for selling Ethereum, so it is important to choose one that will maximize the amount of money you get to keep after your Ether (ETH) is sold. Additionally, if you intend to sell your ETH for fiat currency, you will want to make sure that you can withdraw the fiat to a bank account. Not all exchanges have this option available, so be sure to use the table of exchanges below to pick one that is compatible with your bank account.

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Name Product GXFCY Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Go to site
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Uphold - Digital Asset Platform
Bank transfer, Credit card, Debit card, Bank transfer (SEPA), Apple Pay, Google Pay

27

252

Refer a friend to earn US$20 — $10 for you and $10 for the person you refer. T&Cs apply.
Terms apply. Cryptoassets are highly volatile. Your capital is at risk.
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Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT, ACH online banking

6

261

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Robinhood Crypto
Bank transfer, Cash, Debit card

1

36

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OFFER
eToro USA LLC Cryptocurrency Trading
Bank transfer, Debit card, PayPal, Wire transfer

6

105

Get $15 when you sign up and deposit $100 in your eToro account. T&Cs apply.
Disclaimer: eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro. Your capital is at risk.
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Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Debit card, Neteller

42

357

Finder Exclusive: Get 25% discount on all commission for 1 transaction when using promocode Finder25. There is no time limit on the validity of the promo code.
US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
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Step 2: Create an account

If you don't already have an account on the exchange you wish to sell Ethereum on, you will need to create one before depositing ETH. Creating an account on an exchange and setting it up to sell Ethereum is typically a 3-step process that includes signing up, passing KYC and connecting a bank account. You can sign up with an email and password. You will need to submit a government-issued identification card to pass the KYC process.

Ethereum individual verification

Lastly, you will need to submit the details of your bank account if you want to withdraw fiat currency from the exchange.

Step 3: Deposit Ethereum

The selling process starts by depositing your Ethereum onto an exchange. You do this by copying the Ethereum deposit address from the exchange's balance page.

Ethereum address

Use the "copy" button provided by the exchange and never try to type out the entire Ethereum address manually. This method is prone to mistakes and could result in the permanent loss of funds. When in doubt, send a smaller test amount first before sending the rest. When you are satisfied that you are sending the Ethereum to the right address given to you by the exchange, click send and wait for the Ethereum to arrive. Each exchange waits for a different number of "confirmations" before giving you the deposit. In the above screenshot, the exchange will count the ETH as in your account after 12 confirmations.

Step 4: Sell Ethereum

There are several ways to sell Ethereum, but there is also a lot of overlap in the methods. So if you know the general process, then you should be able to figure it out regardless of which exchange you use. The things you need to keep in mind when selling Ethereum are the fees you're being charged and the asset you are selling ETH for.

You can sell Ethereum for fiat, but you can also sell it for most other cryptocurrencies. So the first thing you need to determine is what you're selling the ETH for. Then you can find an exchange that allows you to trade one for the other.

In order to make the trade, there are 2 types of orders you can submit to the exchange: market orders and limit orders. There are sometimes instant sell options too.

Market order: A market order executes immediately and gives you the most asset at the best price given the current market conditions. Depending on how much Ether you're trying to sell, you may get less of the other asset than you're expecting. In this instance, you are the taker in the trade and pay the taker fee. More on this later. Ethereum market order Limit order: A limit order allows you to set the price you want to sell your ETH for. These types of orders may execute immediately if the sell price is below the current, highest buy price. In this instance, you are the taker in the trade and pay the taker fee. However, if you set the sell price higher than the current best buying price, then you are the makerin the trade and pay the maker fee. Maker/Taker fees: Most exchanges charge you differently depending on if you're the maker in the trade or the taker in the trade. The maker will typically pay less than if they're the taker. Make sure to check out the fee tables on the exchange reviews to compare rates.

Withdrawing local currency

When trying to sell Ethereum through a platform that permits fiat currency withdrawals, check to see what withdrawal methods are supported. Options may include the following:

  • Bank transfer
  • Credit/debit card
  • PayPal
  • Cash
  • ACH
  • SEPA

When choosing an exchange and withdrawal method, make sure to consider the following:

  • Fees. Many (but not all) platforms impose a withdrawal fee, and the fee charged usually varies depending on the withdrawal method selected.
    • Some exchanges allow you to sell Ethereum directly for fiat at market price and deposit the funds directly into your account.
  • Limits. Are there any minimum or maximum limits on how much you can transfer? How do they differ between withdrawal methods? Can you increase these limits by providing additional verification or ID?
  • Processing times. How long will it take for [fiat] to arrive in your wallet or bank account? For example, while cash withdrawals are instant, bank transfers can take several days to arrive.
  • Any other restrictions. For example, some exchanges will require you to withdraw funds using the same payment method with which you made your deposit.

Factors to consider when selling

The best way to sell Ethereum is subjective and varies based on an investor's circumstances. What works well for one person might not be a good fit for the next. Instead, it's about working out which option is the right choice for the individual. You can do this by asking yourself a few important questions:

  • Do you want to sell Ethereum for fiat or another cryptocurrency?
  • How quickly do you want to sell your Ethereum?
  • Are you willing to accept a price well below the market rate or do you want to negotiate the best price possible?
  • If selling for fiat, how do you want to receive payment?

These questions should help you decide how you want to sell your Ethereum, and you can then figure out which platform has all the features you need. When comparing different cryptocurrency exchanges, make sure you consider the following:

  • Price. How does the exchange rate compare to those offered by other platforms?
  • Fees. Compare any trading fees that apply and whether there's a fee for withdrawing funds into your bank account or cryptocurrency wallet.
  • Trading and withdrawal limits. Is there any limit on the amount of Ethereum you can sell or on how much fiat currency you can withdraw from your account?
  • Security features. Are there any security measures in place to help protect your funds and your private data, for example, 2-factor authentication or a reputation system for buyers and sellers?
  • Customer support. If something goes wrong with your transaction, how can you contact customer support? During what hours is support available?
  • Reputation and reviews. Seek out online reviews and check crypto forum posts from other users to find out whether they recommend a particular exchange or trading platform.

There are several other important factors, such as where an exchange is regulated and the payment methods accepted by peer-to-peer trading sites. For a full breakdown of the features to look out for, check out Finder's cryptocurrency exchange guide and discover tips on how to choose the right platform.

Selling Ethereum at an ATM

Ethereum is like Bitcoin in the sense that it has highly developed markets and methods for selling it. For example, most Bitcoin and cryptocurrency ATMs will also allow you to buy and sell ETH. Keep in mind that these ATMs will generally charge massive markups when buying or markdowns when selling. That being said, ATMs can be a handy option if you're in a pinch and need to quickly convert ETH into cash.

Frequently asked questions

When should I sell my Ethereum?

Determining exactly when to sell Ethereum is tricky. Check out Finder's Ethereum analysis page for up-to-date predictions, models and analysis tools to determine when or if to sell.

What does it cost to sell Ethereum?

The cost to sell Ethereum depends on the exchange and whether you are the maker in your trades or taking someone else's trade. Generally speaking, you will pay somewhere between 0.1% and 0.5% on exchanges.

How quickly can you sell Ethereum?

The speed at which you sell Ethereum depends on whether the Ethereum is already on the platform where you intend on selling it. If it is, you can sell your Ethereum in seconds. If you need to send it somewhere to sell it, then expect the entire process to take at least 5-10 minutes.

How can I sell ETH instantly?

You can sell ETH instantly if it is already on a platform that allows you to sell it.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Name Product GXFCY Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Go to site
eToro Cryptocurrency Trading
eToro Cryptocurrency Trading
Bank transfer, Credit card, Debit card, Neteller, Skrill

18

78

Disclaimer: Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.
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Binance Cryptocurrency Exchange (Not available to US users)
Bank transfer, Cryptocurrency

1

369

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KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P

50

743

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Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P

73

279

Disclaimer: Highly volatile investment product. Your capital is at risk.
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Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card

8

1607

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Capital at risk

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Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT

8

222

Go to site

Capital at risk

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OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)

35

338

Go to site

Capital at risk

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Uphold
Uphold
Bank transfer (ACH), Credit card, Debit card, Apple Pay, Google Pay

27

237

Capital at risk

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EXCLUSIVE
Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Debit card, Neteller

42

357

Finder Exclusive: Get 25% discount on all commission for 1 transaction when using promocode Finder25. There is no time limit on the validity of the promo code.
US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
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Capital at risk

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Bitstamp Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS)

3

96

Capital at risk

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Coinmama Cryptocurrency Marketplace
Credit card, Fedwire, SEPA, Google Pay, SWIFT, Bank card

6

15

Capital at risk

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OFFER
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Debit card, PayPal, Apple Pay, Google Pay, SWIFT

7

151

Go to site

Capital at risk

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Crypto.com App
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, Wire transfer, Apple Pay, Google Pay, SWIFT

31

378

Capital at risk

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Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Offers leverage and derivative trading
  • Supports EUR, GBP and CHF
  • Licensed to operate in all European countries
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Disclaimer: Highly volatile investment product. Your capital is at risk.

KuCoin Cryptocurrency Exchange

KuCoin Cryptocurrency Exchange logo
  • Buy, sell and trade over 700 crypto assets
  • Supports 10 Asian fiat currencies
  • Offers crypto futures trading
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Kraken Cryptocurrency Exchange

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  • Buy, sell and trade over 200 crypto assets
  • Licensed to operate in 17 jurisdictions in Oceania
  • Supports AUD
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Binance Cryptocurrency Exchange (Not available to US users)

Binance Cryptocurrency Exchange (Not available to US users) logo
  • Supports over 300 crypto assets
  • Binance Pay enables users spend their crypto
  • Binance P2P supports multiple African fiat currencies
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Binance Cryptocurrency Exchange (Not available to US users)

Binance Cryptocurrency Exchange (Not available to US users) logo
  • Supports over 300 crypto assets
  • Binance Pay works with Credencial Payments to support crypto payments
  • Binance P2P supports five Latin American fiat currencies
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Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Supports leverage and derivative trading
  • Supports 300 spot trading pairs
  • Low-to-non-existent trading fees
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Disclaimer: Highly volatile investment product. Your capital is at risk.
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Editor

James Hendy was a writer for Finder. After developing a keen interest in traditional financial investing, James transitioned across to the cryptocurrency markets in 2018. Writing for cryptocurrency exchanges, he has documented some of the key blockchain technological advancements. James has a Masters of Science from the University of Leeds and when he isn't writing, you will either find him down at the beach, reading (coffee in hand) or at the nearest live music event. See full bio

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