Sell Ethereum (ETH) in Singapore

Ethereum Price

1 ETH / SGD 1,921 .70
−0.36%
Eth Ethereum
Sgd Singapore Dollar

How to sell Ethereum in Singapore

Register, deposit and trade in 5 minutes.
  • 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 sell

    Send your stored Ethereum from any wallet or exchange to Independent Reserve.
  • 3. SELL ETHEREUM

    Low trading fees

    Enter the amount of ETH to sell, then you can transfer the money straight to your bank account.

What is Ethereum?

Ethereum is a decentralised, open-source, global software platform powered by blockchain technology. It is made to be scalable, secure, and sustainable. Often referred to as a “world computer”, Ethereum is essentially “programmable money”.

Ether (ETH) is the native currency of the Ethereum blockchain. Ether is a utility token used to pay gas fees when processing transactions on the network. ETH is a store of value and also a form of payment. Ethereum (ETH) is the second-largest cryptocurrency by market cap and is the most widely used blockchain in the world.

Ethereum supports innovation. The most revolutionary feature of Ethereum is its support for smart contracts. Ethereum’s founders wanted to develop a platform where anyone could create and host their own decentralised applications (dApps). Developers can build and host dApps on Ethereum and execute smart contracts to run them. These digital contracts control value and represent the transfer of ownership of assets over the blockchain, like cryptocurrencies and Non-Fungible Tokens (NFTs). Smart contracts are a powerful tool that gives Ethereum a real-world use case.

Ethereum’s vision is to create a digital future for the world. Its cause is honourable. Its mission: “Grow Ethereum until it's powerful enough to help all of humanity.”

To trade in Ethereum, you can buy and sell ETH in Singapore on Independent Reserve. Before selling Ethereum you might want to consider a few things. To learn more see the FAQs below.

Sell Ethereum on the go

Buy and sell Ethereum and other popular cryptocurrencies anywhere, anytime with the Independent Reserve app.

  • Lower fees

    Lower fees

    Trading from 0.5% down to 0.02%
  • 24/7 support

    24/7 support

    Our team of experts are on hand to help with any issue you might have
  • Easy withdrawal

    Easy withdrawal

    Withdraw directly to your Singapore bank account within a day
  • Voted #1

    Voted #1

    Voted the best crypto exchange 2019 and 2021 in Australia

You can sell Ethereum right here on Independent Reserve

Simply enter the SGD dollar amount you wish to trade for ETH and click “Sell Ethereum”. Your ETH tokens will be exchanged into fiat currency and automatically appear in your trading account. You can leave the money safely on the exchange or transfer it to your bank account. Withdrawals via FAST transfers are instant.

Independent Reserve is proud to be one of the first crypto exchanges licensed by the Monetary Authority of Singapore (MAS) to provide digital payment token services. Established in 2013, Independent Reserve is voted the #1 Digital Exchange of the Year in 2019 and 2021 in Australia.

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 in Singapore. 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 proud to be one of the first crypto exchanges licensed by the Monetary Authority of Singapore (MAS) to provide digital payment token services. Established in 2013, Independent Reserve is voted the #1 Digital Exchange of the Year in 2019 and 2021 in Australia.

Unlike other cryptocurrency exchanges, there are no hidden fees when you trade Singapore dollars for Ethereum on Independent Reserve. We offer fee-free deposits on amounts of S$1,000 and above. We also have competitively low trading fees. Our trading fees are as low as 0.02% for high-volume trades.

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.

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 sell Ethereum on Independent Reserve you can instantly withdraw fiat money from your trading account by selecting FAST transfer as your payment method. Funds may take a day to arrive depending on your bank.

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 SGD 50,000 to SGD 50 million, our industry-leading desk will provide you with seamless trade execution and settlement services that are discreet, secure and ultra-competitive.

Get started today

Register, deposit and trade in 5 minutes.

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