How can I sell ethereum? Should I pay tax?

New to the UK.
I have very old ethereum coins in a physical wallet that worth few thousand pounds.

In which platform can I sell them and get the money into my UK bank account?
Should I pay tax? How will it be calculated? 

Thanks. 

Comments

  • masonic
    masonic Posts: 26,347 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Assuming you don't have other capital gains in the same tax year as you sell, disposing of a few thousand pounds worth of crypto wouldn't result in any tax liability as it is well within the CGT allowance. There are a number of options for an exchange you can use to sell them. I used Binance to liquidate my crypto holdings earlier this year, but someone might be able to suggest a better option for now.
  • Scottex99
    Scottex99 Posts: 801 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Binance don’t have GBP rails anymore.

    So Coinbase (Retail or Pro), Swissborg, Kraken and a few others
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