How to Sell Songbird (SGB)

Sell SGB with Kraken

No longer interested in participating in the Songbird ecosystem? Ready to cash in on some of the earnings you have made from holding Songbird, or perhaps you want to cut your losses? Kraken makes it easy for you to sell SGB directly for ether (ETH), or government issued currencies like U.S. Dollars (USD) and Euros (EUR).

Depending on your investment objectives and tolerance for market risk, you may also find it advantageous to sell SGB for other cryptocurrencies or cash. Kraken offers over 150 trading pairs in total, so depending on how you decide to sell Songbird SGB, you can gain exposure to a wide range of other assets.


Ready to start?

If you’re more advanced and looking to get right in and start trading, go ahead and sell some SGB!

Why sell Songbird (SGB)?

  • Adjust your long-term crypto strategy

  • Avoid losses in times of sudden price movements

  • Exchange SGB for other crypto or cash

  • Stop using Songbird’s various services

New to crypto?

For more details on how SGB derives its value, read our official “What is Songbird?” guide.

How to sell Songbird (SGB) on Kraken

If you’re ready to go ahead and sell SGB, follow these simple steps below:

  1. Sign up for a Kraken account.
    You just need an email address, username and a strong password.

  2. Verify your Kraken account.
    All you need is your name, birth date, country of residence and a phone number.

  3. Send SGB to your Kraken Address
    If you want to sell SGB for another cryptocurrency (like BTC or ETH), first you’ll need to create a deposit address in your Kraken account. Depositing SGB on Kraken is as easy as transferring it to any cryptocurrency address.
    If instead you want to sell SGB for cash (like USD or EUR), you’ll need to send us identification and proof-of-residence documents. Learn more about our different verification levels here.    

  4. Sell SGB
    Once your account has received funding, you can begin selling SGB and other cryptocurrencies on Kraken.
    Simply open the New Order page, fill out the order form and click SELL. Check our SGB price charts to time the market for the best possible selling times.

Having trouble selling Songbird? Let us know. You can reach us on LiveChat or by email 24/7/365.

Start selling SGB

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.