Kraken

How to Sell Zcash (ZEC)

There comes a time in the lifecycle of any investment when you’ll need to consider capturing your gains (or cutting your losses). It’s no different when you’re buying and selling ZEC.


First, make sure you understand the implications of selling ZEC. Depending on when you first started buying ZEC, you may be selling at a profit (or loss), which could impact your portfolio and carry associated tax responsibilities. 

As ZEC is a cryptocurrency, it trades on an open market, meaning that depending on when you sell, buyers may offer more favorable prices. Remember, the value of your ZEC will rise and fall against other cryptocurrencies (like BTC or LTC) as well as fiat currencies (like EUR and GBP). 

An exchange with a real-time order book (like Kraken) will give you to-the-minute updates on what buyers and sellers are thinking about the current ZEC price.

If you’re sure you’re ready to sell ZEC, click below or read on for a thorough step-by-step guide.

how to sell zcash (zec)


Handa ka na bang magsimula?

If you’re more advanced and looking to get right in and start trading, go ahead and sell some zcash!

Sell ZEC


New to crypto?

For more details on how ZEC derives its value, check out our official “What is Zcash?” guide.

Learn More


Why sell ZEC?

Depending on your risk tolerance and investment allocations, you may find it advantageous to sell ZEC for other cryptocurrencies or fiat.

You may want to sell ZEC if you’re seeking to:

  • Avoid losses or capture gains in times of price volatility
  • Realize gains from buying ZEC
  • Claim gains or losses as part of your annual tax reporting
  • Sell ZEC crypto for fiat currency (like USD or EUR)

How do I sell ZEC on Kraken?


Upang magsimulang magbenta ng ZEC, sundan ang mga hakbang sa ibaba:

  1. Mag-sign up para sa Kraken account
    Kailangan mo lamang ng email address, username at ng matatag na password.

  2. I-verify ang iyong Kraken account
    Kailangan mo lamang ng iyong pangalan, petsa ng kapanganakan, bansa ng paninirahan at numero ng telepono. Kung ikaw ay nagmamay-ari ng ZEC, maaari kang madeposito ngayon at magbenta ng iyong crypto.

  3. Magpadala ng ZEC sa iyong Kraken address 
    Kung nais mong magbenta ng ZEC para sa ibang cryptocurrency (tulad g BTC o ETH), bumuo ng deposit address sa iyong Kraken account at ipadala ang iyong ZEC sa nasabing address. Ang pagdedeposito ng iyong cryptosa Kraken ay kasing dali ng paglilipat nito sa kahit anong address.

    Kung nais mong magbenta ng ZEC para sa fiat currency (halimbawa USD o EUR), Kailangan mong magpadala sa amin ng iyong pagkakakakilanlan at proof-of-residence na mga dokumento. Maaari kang matuto ng higit pa tungkol sa aming iba't-ibang verification level dito.

  4. Umpisahang magbenta ng ZEC!
    Kapag ang iyong account ay napondohan na, maaari kang magbenta ng ZEC at iba pang mga cryptocurrency. 

    Buksan lamang ang New Order page, punan ang aming order form at i-click ang SELL. Suriin ang aming mga chart upang pumili ng tamang oras kung anong magiging presyo nito sa hinaharap.

 

Kung ikaw ay magka-problema sa pagbebenta ng ZEC, ipaalam sa amin. Ang aming support staff ay online 24/7 handang tumulong sa iyo. Maaabot mo kami sa LiveChat o email kahit anong oras.

how to sell zec on Kraken