Ethereum (ETH) is one of the most famous and popular cryptocurrencies. The ranks of happy owners of electronic money are constantly being replenished, and now with the help of these tools it is possible to make a variety of calculations in Runet. However, users often need money to meet their personal needs in everyday life, i.e. for offline calculations. Today, the Ethereum cryptocurrency (ether) is perfectly converted into fiat by crediting it to a bank card. Let's get acquainted with the topic of how to do it in more detail.
Ways to exchange Ethereum (ETH) for real money
To begin with, it is worth saying that the transfer of Ethereum to fiat is possible in several ways:
- through special cryptocurrency exchanges, i.e. specialized trading platforms for sale/purchase of different cryptocurrencies with payment of a percentage of the transaction determined by the resource. Each exchange has its own conditions and commissions. You can apply to different platforms: Exmo, Livecoin or another one of your choice;
- through specialized purely exchange resources - exchange sites that are engaged in the exchange of some electronic currencies for others and for fiat money.
Direct exchange between private individuals who need one or another cryptocurrency is also possible, but this is the most risky option. The risk is that everything is built exclusively on "honest word", which is very actively used by fraudsters.
How to withdraw ETN through special cryptocurrency exchanges
If you are interested in withdrawing Ethereum (ETH) to Sberbank through the exchange, then the first thing to do is to go through the account registration and verification procedure provided by the resource. To do this, you will need to provide personal information, leave an address, and a contact phone number.
After that, you will have to transfer Ethereum to the address of the crypto exchange (you can easily find it if you go to the "Wallet", "Balance" section - it is called differently on all exchanges, it is located on the top panel). Next, go to your wallet, select the "Top up" option, from there - to the task of creating a new address, while the system will automatically create it for receiving ETN. After that, you will have to accept the conditions and confirm the operation. The next step is the transfer of cryptocurrency to the address of the exchange, transfer to the trading terminal, where an order for the sale of Ethereum is created. After selling Ethers, you receive the selected fiat money and withdraw it from the exchange to your Sberbank account.
Exchangers are the most simple way to solve the problem
For those who do not want to deal with the complexities of cryptocurrency exchanges, there is a simpler way to withdraw cryptocurrency, and it can be done at bestchange.ru/ethereum-to-sberbank.html. The link leads to a specialized portal for monitoring and exchanging electronic currencies, here the whole procedure is done in a few simple clicks and in just a few minutes.
On the bestchange.ru the selection of exchange points that work with the currency pair of interest to the customer at the given time is made. In most cases, no registration and verification with the transfer of your data is necessary, everything is extremely simple and understandable. All that is indicated is the wallet number, the Sberbank of Russia card, in general, brief information exclusively for making a transaction in the desired direction.
Before proceeding with the procedure, you will need to select an exchange service (exchanger) from the list provided at your request (in the columns on the main page, simply indicate the exchange direction). An interesting point is the possibility to convert on the most favorable and attractive terms by contacting an exchanger that offers the best options in the form of an exchange rate.
Despite the fact that the level of the price ratio is approximately the same, each exchange service has a higher or lower exchange rate. On one unit of cryptocurrency, it may not seem so significant, but if a large amount is withdrawn, the savings on the difference will be a very pleasant bonus.
In order to make a withdrawal of electronic currency, you just need to click on the name of the exchanger, fill out the loaded exchange application form and, guided by the instructions, make the transaction.