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