How Do I Sell Coins on Kraken?

Selling coins on Kraken is a simple process that can be completed in just a few steps. However, there are a few things to keep in mind to ensure that the process goes as smoothly as possible. Ensure you have all the necessary information and documents required to open a Kraken account.

Adam Goldkamp is the editor / author responsible for this content.
Dec 9, 2022

Selling coins on Kraken is a process that can be completed in a few simple steps. In this blog post, we will walk you through selling your coins on Kraken and provide tips to make the process as smooth as possible.

Selling Coins Through the Website

Here are steps to follow:

  1. The first step in selling your coins on Kraken is to deposit the coins you wish to sell into your Kraken account. You can do this by sending the coins from your wallet to the deposit address for the relevant cash on Kraken.
  2. Once the coins arrive in your account, they will be added to your balance and visible in the trading interface.

  3. The next step is to place an order to sell your coins. You can do this by going to the "New Order" page in the trading interface and selecting the "Sell" tab.

  4. You will need to enter the number of coins you wish to sell, the price at which you want to sell them and any other relevant order details.

  5. Once you've entered all the necessary information, click "Place Order" to submit your order.

Your order will then be placed on the order book and matched with a buy order from another user when the specified price is reached. Call customer support if you need assistance.

Selling Through the App

If you are using the Kraken app, selling coins is similar to the process described above.

  1. The first step is to deposit the coins you wish to sell into your Kraken account. You can do this by sending the coins from your wallet to the deposit address for the relevant cash on Kraken.

  2. Once the coins arrive in your account, they will be added to your balance and visible in the trading interface.

  3. The next step is to place an order to sell your coins. You can do this by going to the "New Order" page in the app and selecting the "Sell" tab.

  4. You will need to enter the number of coins you wish to sell, the price at which you want to sell them and any other relevant order details.

  5. Once you've entered all the necessary information, click "Place Order" to submit your order. Contact the customer support team if a problem arises.

Tips for Selling Coins

Here are a few things to consider:

  • First, make sure you have all the necessary information and documents required to open a Kraken account.

  • Next, be sure to deposit the coins you wish to sell into your Kraken account before placing your sell order.

  • Finally, when placing your sell order, enter all the relevant information accurately to avoid any delays in processing your order. Get in touch with customer support if an issue arises.

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.
How Do I Sell Coins on Kraken?

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