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Sell
GMX

Cash out of GMX with flexible funding options

Sell
GMX

Cash out of GMX with flexible funding options

Sell GMX

Get the Kraken app

Sell GMX

How to sell GMX

Create your free Kraken account

Verify your details to get started

Send GMX to your Kraken account

Deposit GMX in your secure Kraken account

Sell GMX instantly

Enjoy ultra-fast GMX transactions & withdraws

In the past 24 hours, Kraken clients traded 355 GMX worth $7,698.

Why sell GMX with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Instant transactions & withdrawals

Flexible withdrawal options

World-class
security

Take advantage of our flexible payment options to sell GMX using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

About GMX

GMX is a swap and spot exchange platform that operates on a decentralized, permissionless system. The exchange is governed by a native token GMX which serves as a utility, governance and value accrual token for the GMX protocol. By staking GMX tokens, users can earn a percentage of the protocol fees and other incentives. The GMX platform currently supports the Arbitrum and Avalanche networks.

What can you do with GMX?

Before you sell your GMX, learn more about the different ways you can put your GMX to work with Kraken.

GMX rewards

See if you can earn rewards

Trade GMX for NFTs

Collect & trade NFTs

Trade GMX futures

95+ perpetual futures

Swap GMX for other assets

Explore the most popular GMX trading pairs on Kraken before you swap GMX for cash, stablecoins or other digital assets.

GMX FAQ

Can I sell GMX for USD?

Yes, you can buy and sell GMX using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell GMX.

How do I convert GMX to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your GMX. Once you convert your GMX to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out GMX taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is GMX worth right now in USD?

At the current GMX price, one GMX is worth 21.66. Kraken makes it easy to sell GMX for USD in minutes.

How do I get my money after selling GMX?

After you sell your GMX using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell GMX instantly?

Yes, it only takes a few moments to sell or buy GMX after you connect your funding method.

Learn more about GMX

What are the fees for selling GMX?
Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.
Which cryptocurrencies can I sell on Kraken?
Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including GMX.
What is a GMX ATM?
A GMX ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell GMX and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.
Where can I sell GMX?
While you can use a variety of different methods to sell your GMX, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling GMX.
Should I sell GMX now?
Deciding when to sell GMX depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

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