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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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Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

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 maximise 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 maximise 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.

1 - 7 of 18
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

365
cryptocurrencies

Finder Exclusive: Get 10% discount on your fees when signing up through Finder.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

255
cryptocurrencies

Buy 240+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Bit.com Cryptocurrency Exchange
★★★★★(0)
Bit.com Cryptocurrency Exchange
Cryptocurrency
USD

29
cryptocurrencies

Start trading options, futures and perpetual contracts now! New users get up to $245 in trading coupons.
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

156
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
Okcoin Cryptocurrency Exchange
★★★★★(0)
Okcoin Cryptocurrency Exchange
Bank transfer (ACH), Epay, Credit or Debit Card, SEPA, Prime X
USD, EUR, SGD

68
cryptocurrencies

Get $50 worth of BTC when you buy $3000 or more in crypto.
Buy, sell and earn cryptocurrency with this user-friendly exchange and smartphone app.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

554
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Debit card, Wire transfer
USD, SGD, HKD, GBP, EUR, CAD, AUD, COP

106
cryptocurrencies

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.
Execute multiple trade types with no fees on cryptocurrency and wire transfer deposits on this exchange.
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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 orderLimit 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:

  • Credit/debit card
  • PayPal
  • Bank/wire transfer
  • ACH
  • SEPA
  • SWIFT

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.

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