How to sell GMX
Create your free Kraken account
Verify your details to get started
Send GMX to your Kraken account
Deposit GMX in your secure Kraken account
Sell GMX instantly
Enjoy ultra-fast GMX transactions & withdraws
In the past 24 hours, Kraken clients traded 3,246 GMX worth $161,607.
Why sell GMX with Kraken?
Kraken offers a safe and easy way to sell digital currency. Enjoy market-rate trades with low transaction fees and withdrawal fees.
Instant transactions & withdrawals
Flexible withdrawal options
Take advantage of our flexible payment options to sell GMX using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.
GMX is a swap and spot exchange platform that operates on a decentralized, permissionless system. The exchange is governed by a native token GMX which serves as a utility, governance and value accrual token for the GMX protocol. By staking GMX tokens, users can earn a percentage of the protocol fees and other incentives. The GMX platform currently supports the Arbitrum and Avalanche networks.
What can you do with GMX?
Before you sell your GMX, learn more about the different ways you can put your GMX to work with Kraken.
Can I sell GMX for USD?
Yes, you can buy and sell GMX using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell GMX.
How do I convert GMX to cash?
Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your GMX. Once you convert your GMX to cash, our funding options make it easy to withdraw cash to your bank account.
Is cashing out GMX taxable?
Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax adviser before making any digital asset sale or reporting your crypto taxes.
How much is GMX worth right now in USD?
At the current GMX price, one GMX is worth $49.78. Kraken makes it easy to sell GMX for USD in minutes.
How do I get my money after selling GMX?
After you sell your GMX using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0–5 business days.
Can I buy and sell GMX instantly?
Yes, it only takes a few moments to buy and sell GMX after you connect your funding method.
Learn more about GMX
What are the fees for selling GMX?
Which cryptocurrencies can I sell on Kraken?
What is a GMX ATM?
Where can I sell GMX?
Should I sell GMX now?
Browse more crypto selling guides
With so many assets to choose from, deciding which crypto to sell can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at our most popular guides below.
The pioneering cryptocurrency, celebrated for its truly decentralised nature and fixed supply. Bitcoin revolutionises the world of finance with its digital gold-like properties and secure blockchain technology.
Ethereum (ETH) is a leading blockchain platform that empowers developers to create decentralised applications and smart contracts, driving innovation in the world of digital finance and beyond.
The USDT stablecoin offers stability to the volatile cryptocurrency market by pegging the value of each USDT token to one US dollar. Tether's goal is to provide traders with a secure haven for preserving their USD value and to facilitate seamless trading and transactions.
XRP is designed for efficient cross-border payments and remittances, with a focus on speed and cost-effectiveness. XRP aims to serve as a bridge currency in the world of international finance.
Cardano is a blockchain platform renowned for its sustainability and scalability, fostering a decentralised ecosystem for smart contracts and decentralised applications (dApps). It primarily focuses on peer-reviewed academic research and community-driven development.
Dogecoin, a cryptocurrency born from an internet meme, is known for its friendly and fun-loving community. While initially created as a joke, Dogecoin offers fast and low-cost transactions, making it an ideal tipping cryptocurrency.