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How can I sell Layer3?
Follow these steps to easily and securely sell your Layer3:
- 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 Layer3 through our desktop platform or mobile app.
- Sell and receive euros
Sell your Layer3 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 Layer3 into euros?
Converting Layer3 into euros is super easy. In the Finst app:
- Go to your "Wallet" and select Layer3
- Select "Sell" and choose the amount of Layer3 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 Layer3 to Finst and swap it for euros in just a few seconds.
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Can I convert my Layer3 directly into euros?
Yes, at Finst you can exchange your L3 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 Layer3 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 Layer3 will be sold automatically at the best available price on the market.
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Can I sell my Layer3 using a limit order?
Yes, at Finst, you can easily sell Layer3 with a Limit Order. With a limit order, you set the minimum price at which you’re willing to sell your Layer3. The order will only be executed if the market reaches or exceeds that price.
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Can I sell Layer3 from my own crypto wallet?
To sell your Layer3 from your own crypto wallet simply transfer the desired Layer3 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 Layer3 for another cryptocurrency?
Yes, at Finst you can instantly swap any cryptocurrency for another using our convenient swap feature. Swapping Layer3 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 Layer3 I can sell?
No, there is no minimum amount to sell Layer3, and you can sell your Layer3 with our ultra-low trading fees of 0,15%.
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Is there a maximum amount of Layer3 that I can sell?
No, there’s no maximum amount. You can sell as much Layer3 as you want with Finst.
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Can I sell Layer3 anonymously via Finst?
No, due to regulations, you cannot sell Layer3 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 Layer3?
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 Layer3?
Due to the crypto market's volatility, it is difficult to determine when is the best time to sell your Layer3. It is important to do your own research on Layer3 so that you can decide to sell Layer3 depending on your investment goals. Investing involves risk of loss.
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Is it safe to sell Layer3?
Yes, it is safe to sell Layer3 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 Layer3?
Yes, selling Layer3 is legal in Europe. However, we advise you to do your own research before selling your Layer3.
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What are the costs to sell Layer3 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.