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So long as you have access to your private keys you can sell your Ethereum on any exchange that lists ETH pairs. Compare exchanges using deposit methods, accepted cryptocurrencies and fiat support to find the best fit for your needs.
Thanks to the scale of cryptocurrency adoption there are now hundreds of platforms and services that allow the sale of ETH. However, this can make the process of selling ETH confusing. While the best way to sell ETH will vary depending on a user's requirements, there are some common questions you can ask yourself:
Answering these questions should help you to decide how you want to sell ETH.
The next step is to determine which platform suits your needs. When comparing different cryptocurrency exchanges, make sure you consider:
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 our cryptocurrency exchange guide and discover tips on how to choose the right platform.
Selling any cryptocurrency always comes with a certain level of risk. There are several factors that may influence the outcome of a transaction. The more factors you can control, the lower the risk will become.
If you're thinking of selling ETH, factors you need to consider include:
Before selling any ETH it is always useful to ask yourself – is now the right time to sell? Ultimately you will never know, but there is analysis that could be completed before a sale that may stack the odds in your favour.
Technical analysis is the process of using historical price data to forecast where prices may go in the future. This historical data may include the price chart, indicators or trading volumes. The combination of technical analysis techniques should help you to decide whether now is the right time to sell or whether you should hold a little longer.
For those interested, our in-depth guide to cryptocurrency technical analysis is a useful tool to help you better understand and read the cryptocurrency market.
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