How to Sell Acala (ACA)
No longer interested in participating in the Acala ecosystem? Ready to cash in on some of the earnings you have received from staking or providing liquidity on Acala? Or maybe you just want to pursue another trading strategy? Kraken makes it easy for you to sell ACA directly for ether (ETH), or government issued currencies like U.S. Dollars (USD) and Euros (EUR).
Kraken offers over 150 trading pairs in total, so depending on how you decide to sell Acala ACA, 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 Acala!
Why sell Acala?
Depending on your investment objectives and tolerance for market risk, you may also find it advantageous to sell ACA for other cryptocurrencies or cash. You might sell Acala if you want to:
Adjust your long-term crypto strategy
Avoid losses in times of sudden price movements
Capture gains from participating in Acala staking
Exchange ACA for other crypto or cash
Stop staking ACA and move that money into another asset
Stop using ACA’s various services
How to sell Acala (ACA)
If you’re ready to go ahead and sell ACA, follow these simple steps below:
Sign up for a Kraken account.
First, enter a valid email address, create a new username and set a strong password to protect your account.
Verify your account.
After providing your name, date of birth, country of residence and phone number, you can sell ACA with cryptocurrencies like BTC and ETH. In order to use cash (i.e. USD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.
Send ACA to your Kraken Address
If you want to sell ACA for another cryptocurrency (like ETH or BTC), first you’ll need to create a deposit address in your Kraken account. Depositing Acala on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell Acala 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.
Having trouble selling Acala? Let us know. You can reach us on LiveChat or by email 24/7/365.
Start selling Acala (ACA)
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.