Ethereum (ETH) continues to be a leading cryptocurrency, with many investors believing in its long-term growth potential. The Ethereum 2.0 upgrade and ongoing network improvements are expected to enhance scalability, security, and usability, making ETH even more attractive to developers and traders.
In fact, Ethereum wallets with non-zero balances surpassed 100 million in August 2023, and a CoinShares survey revealed that institutional investors increasingly favor ETH over Bitcoin (BTC) due to its perceived growth opportunities.
However, there are various reasons why you might want to sell ETH:
- Emergency cash needs
- Taking profits
- Portfolio diversification
- Risk management
- Exploring new investment opportunities
If you're unsure how to sell and cash out ETH, this guide will walk you through the process step by step.
What Is Ethereum (ETH)?
Ethereum (ETH), also known as Ether, is the native cryptocurrency of the Ethereum blockchain, a decentralized platform enabling smart contracts and dApps (decentralized applications).
Every transaction or smart contract execution on Ethereum requires gas fees, paid in ETH, to compensate validators for processing transactions. ETH can also be used for:
- Trading (as an investment asset)
- Peer-to-peer payments
- DeFi (Decentralized Finance) activities
👉 Learn more about Ethereum’s advantages
Where Can You Sell and Cash Out ETH?
You can sell ETH through:
- Crypto exchanges (Binance, Coinbase, Kraken)
- Peer-to-peer (P2P) platforms
- Crypto ATMs (if available in your region)
- Online brokers
- Crypto payment apps (e.g., Ka.app)
Each method varies in fees, speed, and withdrawal options, so choose based on your needs.
How to Sell and Cash Out ETH on Ka.app
Ka.app simplifies ETH selling and cash withdrawals in two steps:
Step 1: Convert ETH to EUR
- Log in to Ka.app.
- Activate Cash Account (if not already done).
- Navigate to your ETH wallet.
- Select "Swap" and enter the ETH amount you wish to sell.
- Confirm the transaction with your passcode.
Step 2: Withdraw EUR to Your Bank Account
- Go to your EUR wallet.
- Tap "Withdraw".
- Enter your external IBAN details.
- Confirm the withdrawal.
Note: This feature is currently available only in the European Economic Area (EEA).
How Long Does It Take to Cash Out ETH?
- Conversion (ETH → EUR): Instant
- Bank withdrawal (SEPA transfer): Usually 1–2 business days
What Are the Fees?
- SEPA withdrawal fee: 0.19% (minimum €1)
Final Thoughts
Selling ETH for fiat currency (e.g., EUR) is straightforward with platforms like Ka.app, offering fast transactions and low fees. Whether you need liquidity or want to lock in profits, understanding the process ensures a smooth experience.
FAQ
What Is Ka.app?
Ka.app is a crypto payment platform enabling P2P transfers, swaps, and EUR withdrawals.
What Is an IBAN?
An International Bank Account Number (IBAN) ensures smooth cross-border EUR transfers by standardizing account details.
What Is SEPA?
The Single Euro Payments Area (SEPA) facilitates low-cost EUR transfers across 36 European countries.
What’s the Best Way to Sell ETH?
The best method depends on speed, fees, and convenience. Ka.app is ideal for quick EUR withdrawals.
Can I Buy Crypto with Cash on Ka.app?
Yes—via bank transfer, card payment, or EUR deposit.
For further assistance, refer to Ka.app’s official guides.