Kraken lets you Sell Dogecoin for Bitcoin (BTC), as well as U.S. dollars (USD) and euros (EUR), meaning you’ll have the flexibility to purchase popular assets without slippage from multiple conversations.
That said, Kraken offers 30+ assets and over 150 pairs, so depending on how you decide to sell DOGE, you can gain exposure to a range of other assets depending on your portfolio risks.
Already set on selling DOGE? If so, follow the steps outlined below.
Why Sell Dogecoin?
Depending on the state of the crypto market, there may be times when holding value in DOGE isn’t as attractive as other options.
For example, you might sell DOGE if you want to:
- Adjust your long-term crypto portfolio strategy
- Avoid losses in times of sudden price movements
- Capture gains from past DOGE purchases
- Convert your DOGE to a more stable traditional fiat currency
- Exchange DOGE for another fast-appreciating crypto asset
How to Sell Dogecoin on Kraken
If you’re ready to go ahead and sell DOGE, follow these simple steps below:
Sign up for a Kraken account.
You just need an email address, username and a strong password.
Verify your Kraken account.
All you need is your name, birth date, country of residence and a phone number.
Send DOGE to your Kraken Address
If you want to sell DOGE for another cryptocurrency (like BTC or BAT), first you’ll need to create a deposit address in your Kraken account. Depositing DOGE on Kraken is as easy as transferring it to any cryptocurrency address.
If instead you want to sell DOGE for a fiat currency (like GBP or EUR), you’ll need to send us identification and proof-of-residence documents. Learn more about our different verification levels here.
Sell DOGE
Once your account has received funding, you can begin selling DOGE and other cryptocurrencies on Kraken.
Simply open the New Order page, fill out the order form and click SELL. Check our DOGE price charts to time the market for the best possible selling times.