Sell ETH NZ – How to Sell Ethereum in New Zealand
If you are entering the term ‘sell ETH NZ’ into Google, you are likely looking for the safest, easiest, and fastest way to redeem Ethereum for New Zealand Dollars. If this is the case and you are a Kiwi, Easy Crypto in New Zealand is your best option.
Sell ETH NZ – Why Use Easy Crypto to Sell Ethereum?
If you own Ethereum but plan to redeem ETH for NZD, it always pays to do so right here in New Zealand. Selling coins on international exchanges can be risky. Fiat cash from sales will often need to be converted from U.S. Dollars to New Zealand Dollars. High exchange fees will apply. It is also worth noting that many overseas exchanges aren’t regulated.
- If an exchange isn’t registered and regulated here in New Zealand, users aren’t protected in the event of hacks, scams, or exchanges freezing account balances.
- Peer to peer exchanges are especially high risk when it comes to selling Ethereum.
- Most prepaid MasterCard and Visa credit cards which allow users to withdraw cryptocurrency as cash, are either scams or charge high fees.
Thankfully, Easy Crypto represents the safest and fastest way for Kiwis to sell Ethereum. This is thanks to the fact that Easy Crypto is based right here in New Zealand and is fully regulated.
Sell ETH NZ – How to Get Started Selling Ethereum
If you have never used Easy Crypto previously, you will need to first create an account before you can redeem ETH for NZD.
- Create a free account at Easy Crypto by signing up via email, Facebook, or Google.
- After creating an account, verify your identity by uploading a copy of your NZ issue driving license.
As soon as an account is fully verified, you can buy or sell Ethereum on Easy Crypto in seconds. The first step is to navigate to the Easy Crypto home page and select the option to create a sell order. Next, select Ethereum from our drop-down digital asset list and enter the amount of ETH you would like to sell.
How Much ETH Can I Sell?
At Easy Crypto users can redeem up to NZD $30,000, and It is possible to sell higher amounts of ETH. However, if you did not originally purchase coins from us, we will ask to see proof of where coins were originally purchased from.
How Do I Get Paid?
With every sell order, Easy Crypto confirms sell orders almost instantly. However, it may take up to 24-hours for NZD proceeds from sales to be deposited into your NZ bank account. At present, we are also only able to payout proceeds from digital asset sales via bank transfer.
Is Now a Good Time to Sell Ethereum?
At Easy Crypto, we can never advise users when is or isn’t a good time to cash out cryptocurrency. The cryptocurrency markets are notoriously volatile. However, it is always a good idea to cash out if you own ETH (or any other crypto) and are in a financial tight spot. Conversely, it is never a good idea to panic sell if you are new to the market, and have long term holding intentions. Finding the midpoint between being stern with your investments and wise is a difficult line to walk, however, if you are holding for the long term, your default position should be to not sell unless you have seriously thought it through.