How to Sell Nano (NANO)
To start, make sure you understand the impact of selling NANO.
Depending on when you started buying Nano, you may be selling NANO at a profit (or loss), which could impact your portfolio and have bigger implications for your finances.
NANO is a cryptocurrency, meaning it trades on a 24/7 market. So, depending on when you decide to sell NANO, buyers may offer higher or lower prices. That’s because the price of NANO rises and falls against other crypto assets (like BTC or XMR) as well as cash.
Still not sure about selling? Read up on use cases for Nano in our ‘What is Nano?’ guide. If you’re sure you want to sell NANO, 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 NANO!
New to crypto?
For more details on how NANO derives its value, read our official “What is NANO?” guide.
Why sell NANO?
We get it, sometimes buying Nano is just one part of a larger investment strategy. Depending on other available market opportunities (or your changing risk tolerance), you may need to update your portfolio allocations from time to time.
For example, you may want to sell NANO if you’re seeking to:
- Adjust your long-term crypto portfolio strategy
- Avoid losses in times of sudden price movements
- Capture gains from past NANO purchases
- Exchange NANO for another cryptocurrency or cash
How to sell NANO on Kraken
If you’re ready to sell NANO, follow these simple steps below:
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Sign up for a Kraken account.
You just need to create an email address, username and a strong password. -
Verify your Kraken account.
Provide your name, birth date, country of residence and phone number. -
Send NANO to your Kraken Address
If you want to sell NANO for another cryptocurrency (like BTC or ETH), first you’ll need a deposit address in your Kraken account. Depositing NANO on Kraken is as easy as transferring it to any cryptocurrency address.If instead you want to sell NANO for cash (like USD or EUR), you’ll need to send us additional identification and proof-of-residence documents. Learn more about our different verification levels here.
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Sell NANO
Once your account has received funding, you can begin selling NANO and other cryptocurrencies on Kraken.Simply open the New Order page, fill out the order form and click SELL NANO. Next, check our NANO price charts to time the market for the best possible trading times.
If you run into any trouble selling NANO, let us know. Our support staff is online 24/7 ready to help. You can reach us on LiveChat or by email anytime.
Start selling NANO
Still having trouble selling NANO? You can always let our support specialists assist you.
Available 24/7, they're ready to answer questions large and small via LiveChat or by email regardless of where you are in the world.
