How to Sell Cosmos (ATOM)
No longer interested in helping power the Cosmos blockchain? It might be time to sell ATOM.
Whether you are a validator tired of dedicating computing power to maintaining interoperability on the Cosmos network or an investor who wants to pursue another trading opportunity, Kraken allows you to sell ATOM directly for ether (ETH), as well as U.S. dollars (USD) and euros (EUR).
Kraken also offers over 150 trading pairs, so, depending on how you decide to sell ATOM, 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 ATOM, 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 ATOM!
New to crypto?
For more details on how ATOM derives its value, read our official “What is Cosmos?” guide.
Why sell ATOM?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell ATOM for other cryptocurrencies or cash.
You might sell ATOM if you want to:
- Adjust your long-term crypto strategy
- Avoid losses in times of sudden price movement
- Capture gains from validating transactions on the network
- Exchange ATOM for other crypto or cash
- Stop staking ATOM and move that money into another asset.
How to sell ATOM on Kraken
If you’re ready to go ahead and sell ATOM, 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 ATOM to your Kraken Address
If you want to sell ATOM for another cryptocurrency (like ADA or LINK), first you’ll need to create a deposit address in your Kraken account. Depositing ATOM on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell ATOM for cash (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 ATOM and other cryptocurrencies on Kraken.
Start selling ATOM
Not sure if you want to sell ATOM? It’s OK to change your mind. Having trouble selling ATOM? Let us know. You can reach us on LiveChat or by email 24/7/365.