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Sell
Ethena

Cash out of Ethena with flexible funding options

Sell
Ethena

Cash out of Ethena with flexible funding options

Sell Ethena

Get the Kraken app

Sell Ethena

How to sell Ethena

Create your free Kraken account

Verify your details to get started

Send ENA to your Kraken account

Deposit ENA in your secure Kraken account

Sell Ethena instantly

Enjoy ultra-fast ENA transactions & withdraws

In the past 24 hours, Kraken clients traded 1 464 893 ENA worth 493 711 $.

Why sell Ethena 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 Ethena using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

About Ethena

Ethena (ENA) is a synthetic dollar protocol that aims to establish a stablecoin-like asset (USDe) through a delta-neutral hedging strategy. This approach involves shorting derivatives proportional to users’ deposited collateral to generate yield. The ENA token is used for governance across a range of the Ethena protocol’s functions.

What can you do with Ethena?

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

Ethena rewards

See if you can earn rewards

Trade Ethena for NFTs

Collect & trade NFTs

Swap Ethena for other assets

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

Ethena FAQ

Can I sell Ethena for USD?

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

How do I convert Ethena to cash?

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

Is cashing out Ethena 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 Ethena worth right now in USD?

At the current Ethena price, one ENA is worth 0.337029. Kraken makes it easy to sell Ethena for USD in minutes.

How do I get my money after selling Ethena?

After you sell your Ethena 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 Ethena instantly?

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

Learn more about Ethena

What are the fees for selling Ethena?
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 Ethena.
What is a Ethena ATM?
A Ethena ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Ethena 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 Ethena?
While you can use a variety of different methods to sell your Ethena, 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 Ethena.
Should I sell Ethena now?
Deciding when to sell Ethena 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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