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