How to Sell Ocean Protocol (OCEAN)
No longer interested in accessing Ocean Protocol’s decentralized marketplace? It might be time to sell OCEAN.
Whether you’ve been staking OCEAN on its platform and are looking to cash out or you’re an investor who wants to pursue another trading opportunity, Kraken allows you to sell OCEAN directly for ether (ETH), as well as U.S. dollars (USD) and euros (EUR).
Kraken offers over 150 trading pairs in total, so depending on how you decide to sell OCEAN, you can gain exposure to a wide range of other assets and cryptocurrencies.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and sell some OCEAN!
New to crypto?
For more details on how OCEAN derives its value, read our official “What is Ocean Protocol?” guide.
Why sell OCEAN?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell OCEAN for other cryptocurrencies or assets.
You might sell OCEAN if you want to:
- Adjust your long-term crypto strategy
- Avoid losses in times of sudden price movements
- Capture gains from staking OCEAN on its marketplace
- Exchange OCEAN for other crypto or cash
- Stop staking OCEAN and move that money into another asset
How to sell OCEAN on Kraken
If you’re ready to go ahead and sell OCEAN, 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 OCEAN to your Kraken Address
If you want to sell OCEAN for another cryptocurrency (like ETH or WAVES), first you’ll need to create a deposit address in your Kraken account. Depositing OCEAN on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell OCEAN for cash (like CHF or AUD), 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 OCEAN and other cryptocurrencies on Kraken.
Having trouble selling OCEAN? Let us know. You can reach us on LiveChat or by email 24/7/365.
Start selling OCEAN
Not sure if you want to sell? You can always continue holding OCEAN. If you do, be sure to bookmark our pricing page so you can spot sale opportunities if and when they arise.