How to Sell Kava? (KAVA)
No longer interested in helping power the Kava protocol? It might be time to sell KAVA.
Whether you’ve been minting USDX and are looking to cash in on your KAVA rewards, or you’re an investor wishing to pursue another trading opportunity, Kraken allows you to sell KAVA for crypto assets like ATOM, 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 KAVA, you can gain exposure to a wide range of other assets.
Once you decide to sell KAVA, follow the steps outlined below.
Ready to start?
If you’ve already decided now is the best time to execute a trade and sell KAVA, follow the steps outlined below.
New to crypto?
For more details on how KAVA derives its value, read our official “What is Kava?” guide.
Why sell KAVA?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell KAVA for other cryptocurrencies or fiat.
You might sell KAVA if you want to:
- Adjust your long-term crypto strategy
- Avoid losses in times of sudden price movement
- Capture gains from minting USDX
- Exchange KAVA for other crypto or fiat currencies
- Stop staking KAVA and move that money into another asset.
How to sell KAVA on Kraken
If you’re ready to go ahead and sell KAVA, 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 KAVA to your Kraken Address
If you want to sell SC for another cryptocurrency (like ATOM or LINK), first you’ll need to create a deposit address in your Kraken account. Depositing KAVA on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell KAVA for a fiat currency (like GBP 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 KAVA and other cryptocurrencies on Kraken.
Start selling KAVA
Not sure if you want to sell KAVA? It’s OK to change your mind. If you have more technical questions, you can also reach us on LiveChat or by email 24/7/365.