How to Sell Aave (AAVE)
Whether you’ve been lending your crypto assets or you’ve been using AAVE tokens to participate in the protocol’s governance, Kraken allows you to sell AAVE for crypto assets like ETH, as well as U.S. dollars (USD) and euros (EUR).
Kraken offers over 150 trading pairs in total, so, depending on how you decide to sell AAVE, you can gain exposure to a wide range of other assets.
If you’ve already decided now is the best time to execute a trade and sell AAVE, 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 AAVE!
New to crypto?
For more details on how AAVE derives its value, read our official “What is Aave?” guide.
Why sell AAVE?
Depending on your risk tolerance and investment allocations, you may also find it advantageous to sell AAVE for other cryptocurrencies or cash.
You might sell AAVE if you want to:
- Adjust your long-term crypto strategy
- Avoid losses in times of sudden price movements
- Capture gains from lending cryptocurrency
- Exchange AAVE for other crypto or cash
- Reduce your portfolio’s exposure to lending platforms.
How to sell AAVE on Kraken
If you’re ready to go ahead and sell AAVE, follow these simple steps below:
Sign up for a Kraken account.
You just need an email address, username and a strong password.
Verify your account.
All you need is your name, birth date, country of residence and a phone number.
Send AAVE to your Kraken Address
If you want to sell AAVE for another cryptocurrency (like BAL or SNX), first you’ll need to create a deposit address in your Kraken account. Depositing AAVE on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell AAVE for cash (like USD or AUD), you’ll need to send us identification and proof-of-residence documents. Learn more about our different verification levels here.
Once your account has received funding, you can begin selling AAVE and other cryptocurrencies on Kraken.
Simply open the New Order page, fill out the order form and click SELL. Check our AAVE price charts to time the market for the best possible selling times.
Having trouble selling AAVE? Let us know. You can reach us on LiveChat or by email 24/7/365.
Start selling AAVE
Not sure if you want to sell? You can always continue holding AAVE. If you do, be sure to bookmark our pricing page so you can spot sale opportunities if and when they arise.