Sell Ethereum in Ghana; Ethereum is the second most popular cryptocurrency in the world after Bitcoin. Ethereum is unique in its entirety. It was created to compete with Bitcoin in terms of value and application. So far, Ethereum has been successful in several areas, especially its use cases. However, the digital currency is yet to compete with Bitcoin in terms of value. Ethereum’s peak value is $4721.07, which is not even half of Bitcoin’s peak price of over $60,000.
Still, Ethereum continues to be one of the favorite digital investment vehicles for many Ghanaians, and this is because of its several use cases.
Top 3 most common Ethereum blockchain use cases
With these use cases, Ethereum redefines how humans interact with the digital world by giving us more independence and control.
Decentralized Finance (DeFi) applications
DeFi is Ethereum’s most popular use case. DeFi applications do not conform to conventional financial systems. It is a more transparent, independent, secure, and cheaper way to exploit cryptocurrency.
Smart Contracts and DApps
This use case is famous amongst freelancers because it is a more seamless way to sign contracts. Smart contracts are basically self-executing contracts that are recorded on the Ethereum blockchain. So, as a freelancer, if a company wants to hire you, they can do so through smart contracts.
Identity and self-sovereign identity
Many identity systems are created and controlled by centralized institutions, and they have several shortcomings. Because of these shortcomings, users are usually exposed to identity theft and unauthorized access. With the self-sovereign identity of Ethereum, you are given independent control over your digital identity. Your data is stored on the Ethereum blockchain, and you can choose who to share it with.
Read also: Fastest way to sell Dogecoin in Ghana
Where to sell Ethereum in Ghana and get paid instantly
The first step to becoming a successful crypto trader is finding a good exchange platform. There are several crypto exchange platforms in Ghana, but not all can cater to your trading needs. When choosing a good platform, you must look for the following features.
- Good rates
- Swift payment
- Easy user interface
- Rates calculator
- Responsive customer service
- Security
If you want to trade with confidence, these features must be present. An exchange platform that has incorporated these features is the Astro Africa crypto exchange platform. Astro Africa is your gateway to successful and stress-free crypto trading. The platform was tailored towards providing simplicity and ease for crypto traders. Hence, you can buy, sell, and store Ethereum with a few clicks and get paid instantly.
If you are looking for where to sell Ethereum at the best rates, Astro Africa is also the platform for you, as it provides the highest exchange rate in all of Ghana. To trade Ethereum with Astro Africa is to embrace a simple and secure way of trading.
You can trade with Astro Africa in the convenience of your home via the Astro Africa website or mobile app on Google Playstore or App Store.
How to withdraw Ethereum to a bank account in Ghana
To withdraw Ethereum to a bank account is to convert Ethereum to cash. It is only when cryptocurrencies are converted to money that they can be transferred to your bank account. Selling Ethereum for cedis on Astro Africa is relatively easy and requires little or no tech skills. Even beginners will find using the app very easy. To withdraw Ethereum to your bank account using Astro Africa, follow the steps below.
- Create an account via the Astro Africa website or mobile app.
- Once you’ve become a registered user, go to your dashboard.
- Click the plus sign to add a bank account to receive payment immediately after sales. You can add more than one bank account.
- Proceed to sell Ethereum for cedis by clicking “sell crypto.”
- Select the payout wallet and input the coin amount or USD value.
- Click proceed to create a trade.
- Send Ethereum value to the address or barcode provided to initiate trade.
- Click confirm.
- Your Cedis wallet will be credited once the transfer is made and the transaction is approved.
How much is 0.5 eth in Ghanaian cedis?
Currently, the value of Ethereum is not where most traders want it to be, but it is far better than last year. If you want to calculate the value of eth in cedis, use the Astro Africa rates calculator.
According to the Astro Africa rates calculator, 0.5 eth costs GHS 13,870. Note that this value is subject to change at any time because of the exchange market’s volatility.
