How to Sell Gnosis (GNO)
Instantly sell GNO on Kraken
Do you have an investment in Gnosis but feel it’s time to relocate your funds? Ready to cash in on your staking rewards or no longer interested in participating in the GnosisDAO? Kraken makes exchanging your GNO tokens for a wide range of other cryptoassets or fiat currencies easy and secure.
Sudden changes in the market can often impact an investor’s portfolio, leading them to shift strategies and redistribute funds to other assets. Sometimes, individual sectors of the market – such as DeFi – can be impacted more than others, leading traders to withdraw out of those subsect of tokens and search for new opportunities elsewhere.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and sell some GNO!
Why sell Gnosis (GNO)?
Shift your crypto investments out of Ethereum-focused projects
Avoid losses in times of sudden price movements
Realize profits or losses on your GNO purchase
Cash out on your rewards earned from staking GNO tokens
End your participation in the GnosisDAO governance process
New to crypto?
For more details on how GNO derives its value, read our official “What is Gnosis?” guide.
How to sell Gnosis (GNO)
If you’re ready to go ahead and sell GNO, 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 GNO to your Kraken Address
If you want to sell GNO for another cryptocurrency (like BTC or ETH), first you’ll need to create a deposit address in your Kraken account. Depositing GNO on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell GNO 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 GNO and other cryptocurrencies on Kraken.
Simply open the New Order page, fill out the order form and click SELL. Check our GNO price charts to time the market for the best possible selling times.
Having trouble selling GNO? Let us know. You can reach us on LiveChat or by email 24/7/365.
Start selling GNO
Not yet wowed by any other crypto assets? Feel free to read through our full crypto asset guides for a better understanding of other possible opportunities.