How to Sell Qtum (QTUM)
No longer interested in helping power the QTUM blockchain or voting on proposed changes to its software? If so, it might be time for you to sell QTUM.
Kraken allows you to sell QTUM directly for ether (ETH), U.S. dollars (USD) and euros (EUR), and our exchange offers over 150 trading pairs in total. So, depending on how you decide to sell QTUM, you can gain exposure to a wide range of other assets.
If you’ve already decided now is the best time to execute a trade and sell QTUM, follow the steps outlined below.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and sell some QTUM!
New to crypto?
For more details on how QTUM derives its value, read our official “What is QTUM?” guide.
Why sell QTUM?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell QTUM for other cryptocurrencies or cash.
You might sell QTUM if you want to:
- Adjust your long-term crypto strategy
- Avoid losses in times of sudden price movement
- Capture gains from block rewards gained from staking QTUM
- Exchange QTUM for other crypto or cash
- Reduce your portfolio’s exposure to business blockchain platforms
How to sell QTUM on Kraken
If you’re ready to go ahead and sell QTUM, follow these simple steps below:
Sign up for a Kraken account.
You just need an email address, username and a strong password.
Verify your account.
All you need is your name, birth date, country of residence and a phone number.
Send QTUM to your Kraken Address
If you want to sell QTUM for another cryptocurrency (like DOGE or BAT), first you’ll need to create a deposit address in your Kraken account. Depositing QTUM on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell QTUM for cash (like USD or EUR), you’ll need to send us identification and proof-of-residence documents. Learn more about our different verification levels here.
Once your account has received funding, you can begin selling QTUM and other cryptocurrencies on Kraken.
Start selling QTUM
Not sure if you want to sell QTUM? It’s OK to change your mind. Having trouble selling QTUM? Let us know. You can reach us on LiveChat or by email 24/7/365.