How To Sell Tezos (XTZ)?
In our day and age, new cryptocurrencies appear quite often. Some of them, like Tezos, come about on top of their own blockchain network. And, for people who are not very familiar with the specifics of the crypto industry, dealing with every respective network might seem quite a difficult job to do. Understanding all ins and outs of the new decentralized platform with its own consensus algorithm, set of programming languages (or even one custom language), deployment and validation rounds sounds really tough. Not to mention even the presumably easy process of buying or selling their own cryptocurrency.
But here at CEX.IO, you can manage a lot of cryptocurrencies even if your foot hasn’t ever stepped into the realm of their blockchain network. Maybe you don’t even plan on getting deep down in the specific of the particular network because you just want to trade those coins for your advantage. You know how it happens. One time you just wanted to buy BTC with a credit card or debit card and then you find yourself knowing dozens of other crypto and collecting them in your portfolio. Or it might be that you obtained Tezos tokens somehow and you don’t want to hold them and instead want to use their value to benefit from other cryptocurrencies by selling XTZ. Whatever it is that you’re planning to do, one of the easiest ways to sell Tezos is by using the services of CEX.IO.
How to sell Tezos for USD?
Although the option to sell Tezos for Bitcoin is also worth checking out, if you don’t deal with crypto on a daily basis, you would most likely want to sell Tezos for USD. That’s good for you because it’s one of the easiest and most efficient ways to sell XTZ. So, to sell Tezos for USD, you first need to perform a few simple steps. If you’ve already been a CEX.IO user for some time, you’ll do even fewer steps which makes this whole process even more convenient for you.
Every process of selling crypto should start from seeking the best cryptocurrency exchange platform where you can do it safely and fast. CEX.IO is one of such places where you can be absolutely sure that we conduct all the necessary measures to provide you with a top-level of security of your money and sensitive personal data. We are regulated and being continuously audited by authoritative organizations of various jurisdictions all around the world. What’s more, we’ve put together a wide variety of services all in one ecosystem of products. By having only one CEX.IO wallet, you can hold many different cryptocurrencies, as well as fiat funds. You can buy, sell, trade, exchange, and do a whole bunch of various things with crypto that you couldn’t even imagine a few years ago. Although, keep in mind that understanding how to sell Bitcoin is not enough. Some law regulations vary from country to country so before embarking on your crypto journey you need to consult the applicable law to find out which operation you can conduct and which of them are restricted or unavailable.
Should I sell Tezos?
That’s a big question! Same concerns could have arisen for any cryptocurrency out there, not just Tezos. So, to understand whether it’s a right moment to sell or buy Tezos, you can do quite a few things.
First of all, you need to decide what is the quote currency against which you’re trying to figure out the price of Tezos (XTZ). Then, you need to go to our live price chart and see the price dynamics of this particular pair. If the current price of Tezos seems favorable to you for selling, then you need to consider selling them at that particular moment. But even if the prices don’t look good to you yet and you expect them to move in a favorable direction soon, you might want to consider placing a limit order on the price range that you set.
Where & when to sell Tezos?
Selling Tezos on a cryptocurrency exchange is one of the fastest and most effective ways to go. What’s even better is that you don’t need to be a crypto guru and understand piles of code to sell XTZ whenever you want to. You just need to have your CEX.IO account. For everyone who starts trading cryptocurrencies it also becomes a relief to know that crypto markets are active 24/7 and if you want to know the answer to the question about “when to sell”, it is simple. You can sell anytime! It goes like that not only for Tezos but also for other cryptocurrencies as well.
How to sell Tezos from the CEX.IO wallet?
Now we are going to explain how to sell Tezos if you already have a CEX.IO wallet. Otherwise, if you don’t you can register an account anytime by providing your email address and creating a password. Upon registration, you’ll also need to pass the verification procedure before processing any transactions. Then, you just add a credit card in case you want to exchange crypto to fiat money or fiat to crypto. And you’re ready to go!
So once everything is in place, here’s what you can do to sell XTZ using your CEX.IO account.
- Go to Buy/Sell page in the mobile app and sell instantly for fiat money. The funds will land on your credit card or account balance in a few minutes;
Go to the Trade page and place market or limit orders;
Go to Exchange in the mobile app and convert crypto and fiat in pairs to one another (for example, BTC to USD, XRP to ETH, XTZ to XLM or any combination you want).
So as you can see, we have prepared lots of services for you to benefit from cryptocurrencies and their prices. If you’ve decided that it’s the right time to sell Tezos, then you can go for one or even a few of the methods described above.