Kraken

How to Sell Fantom (FTM)

Sell FTM with Kraken

Looking to sell your FTM tokens? Maybe you want to secure profits or perhaps you’re interested in redeploying your capital elsewhere? Kraken provides a secure and easy way to exchange your FTM tokens for a wide range of other cryptoassets or fiat currencies.

Diversification and managing risk are just some of the reasons why an investor might want to cash out of Fantom. Alternatively, an investor may wish to sell their FTM tokens to secure profits, realize losses or redeploy their capital elsewhere.

Ready to start?

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

Why sell FTM?


  • Reduce exposure to decentralized application blockchains

  • Avoid losses in times of sudden price movements

  • Exit out of altcoins and move into other assets

  • No longer participate in the governance of Fantom


New to crypto?

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

How to sell Fantom (FTM)


If you’re ready to go ahead and sell FTM, 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 account.
    All you need is your name, birth date, country of residence and a phone number.

  3. Send OXT to your Kraken Address
    If you want to sell FTM for another cryptocurrency (like BTC or ETH), first you’ll need to create a deposit address in your Kraken account. Depositing FTM on Kraken is as easy as transferring it to any cryptocurrency address. 
    If instead you want to sell FTM 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 FTM
    Once your account has received funding, you can begin selling FTM and other cryptocurrencies on Kraken.

    Simply open the New Order page, fill out the order form and click SELL. Check our FTM price charts to time the market for the best possible selling times.

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

Start selling FTM


Click the button below to sell FTM on Kraken today!

 

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