Sell Binance Coin

The most obvious place to sell Binance Coin (BNB) is via the Binance exchange — which is among the largest. However, there are also several other exchanges that support BNB.

A crypto exchange (or cryptocurrency exchange) is a marketplace where buyers and sellers trade cryptocurrencies. Just like regular stock exchanges, a cryptocurrency exchange serves as a middleman who sets the market price at which an equal number of buyers and sellers can be found.

The crypto market is incredibly volatile. Therefore, it's not possible to give you advise if now is a good time to buy or sell. You can set up a price alert to make sure you don't miss a good opportunity.

Exchanges and brokers will charge a fee on every exchange. Exchanges also offer various different service levels in terms of customer support, payment methods, or ease-of-use. You can use our filters to only show exchanges that suit your needs.

It depends where you’re living. In the EU, the US and the UK, your sale of any cryptocurrency is likely to fall under the umbrella of capital gains tax — provided that you’ve sold it for a higher price than you bought it for. With that said, you won’t pay VAT on a purchase in the same way that you might if you were to buy a product in the traditional sense. Crypto tax software can help you calculate and file your taxes.

Payout methods vary significantly from exchange to exchange. Most will only offer bank transfer, while some may also offer PayPal or even gold to pay you.