How to sell Ethereum (ETH)

The time it takes to sell Ethereum (ETH) depends on where your ETH is stored and how you choose to cash out. Converting ETH to another cryptocurrency or stablecoin on Bitget is instant. Withdrawing to a bank account can take 30 minutes to 24 hours, while peer‑to‑peer platforms or crypto ATMs may offer near‑instant cash at higher fees.

Bitget offers one of the fastest ways to sell ETH, with instant trade execution and a simple process to convert your ETH into stablecoins or fiat once deposited. Peer‑to‑peer trading on Bitget also enables you to sell directly to verified buyers and receive payment within minutes. With its strong liquidity, secure system, and low fees, Bitget is a top choice for quick ETH sales.

To reduce gas fees when selling ETH, choose times of lower network activity, such as weekends or late nights, when transaction costs are typically lower. Selling directly on Bitget after depositing your ETH allows you to convert it without incurring additional on-chain swap fees. Withdrawing proceeds via low-cost networks, such as TRC-20, can further minimize fees.

People sell Ethereum for various reasons, including:

1. Profit-taking: When the price of Ethereum rises significantly, investors may sell the asset to realize their profits.

2. Diversification: Some investors may sell Ethereum to diversify their portfolios and invest in other assets.

3. Financial needs: People may sell Ethereum to cover expenses or meet other financial obligations.

4. Risk aversion: Some investors may be concerned about the volatility of Ethereum and sell to reduce their exposure to risk.

5. Market sentiment: Negative news or events related to Ethereum can lead to a price decline, prompting investors to sell.

It's important to note that buying or selling Ethereum can be risky, as prices can fluctuate significantly. Investors should carefully assess their financial goals and risk tolerance before making any decisions.

Bitget P2P currently charges zero fees. All merchants can post ads without any fees to help lower costs. If Bitget P2P introduces transaction fees for makers on completed orders in the future, an official announcement will be made.

*Please note that some payment method service providers may charge extra transaction fees.

If you're selling, never release the assets before confirming that you've received funds from the buyer. Please note that certain payment methods that buyers use are not instant and may face chargeback risks.