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How can I sell Horizen?
Follow these steps to easily and securely sell your Horizen:
- Sign up
Create an account via the Finst app or website.
- Deposit crypto
Send your crypto to your Finst wallet using the correct network. Already storing your crypto with Finst? You can easily sell your Horizen through our desktop platform or mobile app.
- Sell and receive euros
Sell your Horizen and receive the corresponding euro value.
- Withdraw EUR
Tap on "Withdraw" and then select the "Withdraw EUR" option to transfer the desired EUR amount to your bank account.
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How do I convert Horizen into euros?
Converting Horizen into euros is super easy. In the Finst app:
- Go to your "Wallet" and select Horizen
- Select "Sell" and choose the amount of Horizen you want to sell
- Confirm your order and receive your euros
Don’t have an account yet? Create a Finst account for free in under 5 minutes. Send your Horizen to Finst and swap it for euros in just a few seconds.
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Can I convert my Horizen directly into euros?
Yes, at Finst you can exchange your ZEN for euros. You can then easily withdraw your euros to your bank account. In most cases, your funds will be received within a few hours.
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How long does it take to receive the money in my bank account?
In most cases, you’ll receive your euros within a few hours without any fees. Depending on your bank, it may take up to 2 business days.
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Can I sell my Horizen using a stop-loss order?
Yes, a stop-loss order helps protect your position from further price drops. When the price reaches a pre-set level, your Horizen will be sold automatically at the best available price on the market.
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Can I sell my Horizen using a limit order?
Yes, at Finst, you can easily sell Horizen with a Limit Order. With a limit order, you set the minimum price at which you’re willing to sell your Horizen. The order will only be executed if the market reaches or exceeds that price.
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Can I sell Horizen from my own crypto wallet?
To sell your Horizen from your own crypto wallet simply transfer the desired Horizen amount to your Finst wallet. In our app or the Finst Help Center, you’ll find an overview of the supported coins and networks. Once we receive your crypto, you can immediately convert it into euros.
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Can I swap my Horizen for another cryptocurrency?
Yes, at Finst you can instantly swap any cryptocurrency for another using our convenient swap feature. Swapping Horizen to any other cryptocurrency is subject to our regular trading fee of 0.15% without any additional fee.
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Is there a minimum amount of Horizen I can sell?
No, there is no minimum amount to sell Horizen, and you can sell your Horizen with our ultra-low trading fees of 0,15%.
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Is there a maximum amount of Horizen that I can sell?
No, there’s no maximum amount. You can sell as much Horizen as you want with Finst.
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Can I sell Horizen anonymously via Finst?
No, due to regulations, you cannot sell Horizen anonymously in Europe. Finst is a regulated crypto-asset service provider and complies with all applicable laws and regulations.
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Do I have to pay taxes when selling Horizen?
Cryptocurrency tax regulations vary by country. Before selling digital assets or filing your crypto taxes, it’s advisable to consult your local tax authority or agency for personalized guidance.
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When is it a good time to sell Horizen?
Due to the crypto market's volatility, it is difficult to determine when is the best time to sell your Horizen. It is important to do your own research on Horizen so that you can decide to sell Horizen depending on your investment goals. Investing involves risk of loss.
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Is it safe to sell Horizen?
Yes, it is safe to sell Horizen through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.
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Is it legal to sell Horizen?
Yes, selling Horizen is legal in Europe. However, we advise you to do your own research before selling your Horizen.
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What are the costs to sell Horizen via Finst?
Finst charges a trading fee of 0,15% per sale without any hidden fees, which is among the lowest trading fees in Europe.