If so, you may want to first evaluate the full impact of selling EOS. Depending on when you started buying, you may be selling EOS at a profit or loss, which could impact your finances.
Remember, EOS is a cryptocurrency, meaning it trades on a 24/7 market. So, depending on when you decide to sell EOS, buyers may be willing to offer more competitive prices.
An exchange like Kraken with a robust real-time market can give you insight into what traders around the world are willing to pay for any EOS you sell, whether you’re looking to exchange it for another cryptocurrency (like BTC or XRP) or cash (like GBP or EUR).
Be advised, if you’ve been staking EOS, there may be a waiting period during which you’ll be unable to unlock your funds and execute a trade. Depending on how you’re allocating the staked funds, this wait may be between 24 and 72 hours.
Ready to start?
If you’re more advanced and looking to get right in and start trading, go ahead and sell some EOS!
New to crypto?
For more details on how EOS derives its value, read our official “What is EOS?” guide.
Why sell EOS?
If you’re no longer operating or using dapps, it may make sense for you to sell EOS, as that’s the primary use case for the EOS.IO blockchain. But, there may be other reasons to sell EOS.
Selling EOS may be advantageous if you want to:
- Adjust your long-term crypto portfolio strategy
- Avoid losses in times of sudden price movements
- Capture gains from past EOS purchases
- Shut down an EOS game or dapp you’ve created
How to sell EOS on Kraken
If you’re ready to sell EOS, follow these simple steps below:
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 EOS to Your Kraken Address
If you want to sell EOS for another crypto asset, first you’ll need to create a deposit address in your Kraken account. Depositing EOS on Kraken is as easy as transferring it to any cryptocurrency address.
If you want to sell EOS for cash, this will require sending our compliance team additional identification, like valid residence documents. You can find more information about our different verification levels here.
Once you send EOS to your Kraken account, you can begin selling EOS for other currencies and cryptocurrencies on Kraken.
Start selling EOS
Ready to begin? Just click the button below to start selling EOS.
If you’re in the market to trade EOS, you can view our full list of cryptocurrency trading pairs here.