This article shows the process for withdrawing cryptocurrency (like ETH) from your crypto wallet to a cryptocurrency exchange to convert to your local currency. Before we get started, make sure you have the following:
- a crypto wallet connected with Indigena Market(like MetaMask, Connect wallet)
- an account on a cryptocurrency exchange(Easycrypto) sign up if you haven’t already
Once you have those set up – let’s dive in!
Withdrawing cryptocurrency to an exchange
For your first cryptocurrency withdrawal from your crypto wallet, we strongly suggest withdrawing a small amount first in order to familiarize yourself with sending cryptocurrency between two wallets.
This is to avoid sending your funds to an unknown/non-existing wallet. Please note that since transactions on the blockchain are irreversible,
funds that are miss sent will likely be permanently lost.
For this tutorial, we’ll be showing how to withdraw ETH from MetaMask to Easy Crypto
First, make sure to navigate to https://easycrypto.com/?ref=90706033
click Sell Now, proceed to select the crypto you wish to exchange
Your order is ready, all that’s left is for you to send your crypto funds to the Easycrypto recipients address.
Ethereum, the ERC-20 token. Do not send NFTs to this address!
Once you’ve copied your Easycrypto recipients ETH address, head back to MetaMask and press Send. Enter the Easycrypto ETH address as the recipient before deciding the Amount to transfer.
Once you’ve decided the amount to send, click Next. Confirm the transfer
once you have reviewed the Estimated gas fee and Total amount.
How long does it take to sell Ethereum (ETH) in New Zealand?
With Easy Crypto, your Ethereum sell order will be confirmed and processed on the same day in New Zealand. We are proud to offer 24/7 ETH to NZD withdrawals, whether you cash out $100 or $500,000 NZD, we’ll have your funds deposited to your bank account as soon as we confirm and verify your sell order.
You’ll be asked to Set up a bank withdrawl destination for your funds, and review any fees that may be applied to this withdrawal.
Congrats! You have now withdrawn your funds successfully.
For more guidance please head over to EasyCrypto help hub
How do I Cash Out Bitcoin? – New Zealand’s BTC Guide