How to sell ZEC coin? What are the methods of selling ZEC coin?

To sell ZEC coins on a cryptocurrency exchange, choose a reputable platform, create an account, deposit your ZEC, place a sell order, and confirm the transaction to receive proceeds in your exchange account.

Nov 03, 2024 at 12:42 pm

1. How to Sell ZEC Coins on a Cryptocurrency Exchange

1.1. Choose a Reliable Exchange

Select a reputable cryptocurrency exchange that supports ZEC trading, such as Binance, Coinbase, or Kraken.

1.2. Sign Up and Verify Your Account

Create an account on the exchange and provide necessary information for verification, such as identity documents and proof of address.

1.3. Fund Your Account

Deposit the ZEC coins you want to sell into your exchange account from a hardware wallet or other sources.

1.4. Place a Sell Order

Navigate to the ZEC trading page, choose a trading pair (e.g., ZEC/BTC or ZEC/USD), and enter the amount of ZEC you want to sell. Select a market or limit order type.

1.5. Confirm and Execute the Trade

Review the order details and confirm the transaction. Your ZEC coins will be sold at the specified rate, and the proceeds will be credited to your exchange account.

2. Selling ZEC Coins Over-the-Counter (OTC)

2.1. Find an OTC Platform or Broker

Identify a trusted OTC platform that facilitates private and large-volume cryptocurrency trades, such as OTCBTC or LocalBitcoins.

2.2. Register and Communicate

Create an account on the OTC platform and initiate a chat or contact the broker who is interested in purchasing your ZEC coins.

2.3. Negotiate Terms

Agree on the price, payment method, and transaction terms with the counterparty. Ensure you understand all the details before proceeding.

2.4. Transfer the ZEC Coins

Typically, you will need to transfer the ZEC coins to the counterparty's designated wallet address.

2.5. Receive Payment

Once the transfer is confirmed, you should receive the agreed-upon payment method (e.g., bank transfer, escrow service).