Sell Ethereum (ETH)
How to sell Ethereum
1. CREATE ACCOUNT
It’s FREE to join!Sign up is fast, secure and designed to keep your data protected.
2. DEPOSIT ETHEREUM
Send your ETH to sellSend your stored Ethereum from any wallet or exchange to Independent Reserve.
3. SELL ETHEREUM
Low trading feesEnter the amount of ETH to sell, then you can transfer the money straight to your bank account.
What is Ethereum?
Ethereum is an open-source, distributed software platform that runs on a decentralised blockchain network. It is built to be scalable, secure, and sustainable. Ethereum is commonly known as a “world computer” and is essentially “programmable money”.
Ether (ETH) is the native currency and utility token of the Ethereum blockchain. ETH has a store of value as a digital asset and is used as a form of payment to pay gas fees when processing transactions on the network. Ethereum (ETH) is the second-largest cryptocurrency by market cap and is the most widely used blockchain in the world.
Ethereum is revolutionary. The most important feature of the platform is its built-in support for smart contracts. The founders of Ethereum had a clear goal: to develop a platform where anyone could create and launch their own decentralised applications (dApps). On Ethereum, developers can write and deploy smart contracts that allow dApps to function. Smart contracts control value and can be used to represent the transfer of ownership of digital assets over the blockchain, such as cryptocurrencies and Non-Fungible Tokens (NFTs). Smart contracts are essential to power dApps and give Ethereum a real-world use case.
Ethereum’s vision is to create a digital future for the world. Its mission is honourable: “grow Ethereum until it's powerful enough to help all of humanity.”
To invest in Ethereum, you can buy ETH right here on Independent Reserve.
Sell Ethereum on the go
Buy and sell Ethereum and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.
The best place to sell Ethereum
Lower feesTrading from 0.5% down to 0.02%
24/7 supportOur team of experts are on hand to help with any issue you might have
Easy withdrawalWithdraw directly to your local bank account within a day
Voted #1Voted the best crypto exchange 2019 and 2021
Explore our features
Buy and sell limit orders
You have easy and advanced ways to buy and sell crypto. Order types include simple, market, limit and advanced “stop buy” and “stop sell”.
Buy, sell and store Ethereum
Trade Ethereum on your mobile or your desktop.
Available on iOS and Android
Buy and sell Ethereum in seconds, track your portfolio and monitor the crypto market on the go.
AutoTrader and recurring buys
Automate your crypto investments with strategies that allow you to dollar-cost average (DCA), diversify your portfolio and buy or sell on deposit.
Frequently asked questions
You can sell Ethereum on Independent Reserve safely and easily.
Wondering how to sell Ethereum? Independent Reserve makes selling Ethereum simple. Just enter the amount of ETH tokens you wish to trade for dollars and it will be swapped into fiat currency. You can leave the money in your trading account or choose to withdraw it to your bank account.v
Independent Reserve is a feature-packed platform. We have a range of features for you to explore and use to improve your trading experience. We offer excellent customer support and world-class security to protect your cryptocurrency.
You can sell Ethereum right here on Independent Reserve.
We make selling Ethereum just as convenient as it is to buy Ethereum. We offer multiple ways to trade ETH. Talk to our friendly customer support team if you need any help selling your Ethereum.
Begin your crypto journey with Independent Reserve and start investing in any digital currency of your choice. There are many other cryptocurrencies to choose from and invest in. It only takes five minutes to create your account. You can start trading as soon as you deposit money.
Independent Reserve is voted the #1 Digital Exchange of the Year, 2019 - 2021. We are a highly reputable and trusted cryptocurrency exchange. Established in 2013, Independent Reserve is one of the longest-running digital currency exchanges in the world.
Independent Reserve has no hidden fees
Unlike other cryptocurrency exchanges, there are no hidden fees when you trade with Independent Reserve. We offer fee-free deposits on amounts of $100 dollars and above. We also have competitively low trading fees. Our trading fees are as low as 0.02% for high-volume trades.
If you are looking to sell Ethereum, the easiest way is through a cryptocurrency exchange. It is important to choose a trusted cryptocurrency platform to sell Ethereum safely. Independent Reserve is one of the first digital currency exchanges in the world. Sign up today and start trading with us after you deposit money into your account.
Gas fees are required for making transactions on Ethereum.
Whenever you interact with an Ethereum smart contract or send money on the Ethereum network, you are required to pay a transaction fee, called a “gas fee”. Gas fees are unavoidable whenever you send, buy, or sell ETH tokens.
Gas fees are set in Gwei, which is a small denomination of ETH. A Gas limit refers to the maximum amount you are willing to pay. Gas is used to compensate miners for facilitating transactions and maintaining the security of the network. Miners prioritise transactions with higher gas fees: the more gas you pay, the faster your transaction will be processed. Gas fees fluctuate relative to the complexity of the transaction and traffic on the network.
With Independent Reserve, you don’t need to worry about gas fees because we take care of it for you.
You will have to pay tax on any realised profits when you sell Ethereum.
It is important to be aware that any profits or losses made when you sell Ethereum or other cryptocurrencies will generally be liable to tax.
Your tax obligations will vary depending on your specific circumstances and where you live. Make sure you check with a registered tax agent in your country to get the best cryptocurrency tax advice that applies to you.
The market price did not meet your sell price. You may have to wait a bit or modify your order. Here are some tips for successful sell orders:
- If you want to sell immediately, use market order (if you are happy with the price)
- Use a limit order if you want to sell at a specific price. How far your price is from the current market rate determines how long you'll wait
- Plan your trades accordingly. It is best to have a plan from the start on what price you intend to sell in profit if the price goes up, and what price you intend to cut loss if it goes down
- Have a target price where you are happy to sell right from the start; this can help prevent excitement or nerves clouding your judgement later on
For your safety, we manually approve withdrawals on all bank transfers.
After you exchange Ethereum (ETH) into fiat (dollars) and withdraw the money from your trading account, it will generally take between one to three business days to arrive in your bank account, depending on what country you live in.
Ethereum OTC desk
Our over-the-counter (OTC) trading desk offers deeper liquidity and a private, more personalised service for institutional investors and high-net-worth individuals who need to fill large orders that might be too price-disruptive on open markets at exchanges.
Whether you are looking to trade Ethereum or other cryptocurrencies OTC from $50,000 to $50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.