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Sell
Derive

Cash out of Derive with flexible funding options

DRV icon

Sell
Derive

Cash out of Derive with flexible funding options

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Get the Kraken app

How to sell Derive in the UK

1

Create your free Kraken account

Verify your details to get started

2

Send DRV to your Kraken account

Deposit DRV in your secure Kraken account

3

Sell Derive instantly

Enjoy ultra-fast DRV transactions & withdraws

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Kraken

In the past 24 hours, Kraken clients traded - DRV worth -.

Why sell Derive with Kraken?

Kraken offers a safe and easy way to sell digital currency. Enjoy market rate trades with low transaction fees and withdrawal fees.

Transactions are instant

Instant transactions & withdrawals

Flexible funding options

Flexible withdrawal options

Kraken level security

World-class
security

Take advantage of our flexible payment options to sell Derive using a variety of convenient methods including wire transfer, bank transfers and cash withdrawals.

About Derive

Derive is the native token of Derive, a decentralized derivatives exchange. Derive provides access to options, perpetual futures and more recently AI-enabled trading features, enabling users to hedge risks and speculate on different types of crypto assets without relying on traditional intermediaries. The DRV token is used for governance, collateralization, and incentivizing participation in the Derive ecosystem.

Swap Derive for other assets

Explore the most popular Derive trading pairs on Kraken before you swap Derive for cash, stablecoins or other digital assets.

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Derive FAQ

Can I sell Derive for USD?

Yes, you can buy and sell Derive using USD on Kraken. We support a diverse network of payment processors around the world that make it easy to sell Derive.

How do I convert Derive to cash?

Select USD, EUR or your preferred cash in the tool above to see how much cash you will receive when selling your Derive. Once you convert your Derive to cash, our funding options make it easy to withdraw cash to your bank account.

Is cashing out Derive taxable?

Each country handles cryptocurrency taxes differently. We recommend that you speak with a local professional tax advisor before making any digital asset sale or reporting your crypto taxes.

How much is Derive worth right now in USD?

At the current Derive price, one DRV is worth £0.034. Kraken makes it easy to sell Derive for USD in minutes.

How do I get my money after selling Derive?

After you sell your Derive using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.

Can I buy and sell Derive instantly?

Yes, it only takes a few moments to sell or buy Derive after you connect your funding method.

Learn more about Derive

Kraken offers a competitive fee structure based on transaction size, type of asset, payment method and market conditions. Learn more about Kraken’s fee structure.

Kraken allows you to seamlessly buy and sell 200+ cryptocurrencies, including Derive.

A Derive ATM, or cryptocurrency automated teller machine, is a self-service kiosk that allows users to buy or sell Derive and sometimes other cryptocurrencies using cash or credit/debit cards. Users can interact with the machine's touchscreen interface to complete transactions and manage their digital wallets.

While you can use a variety of different methods to sell your Derive, most people find that crypto platforms like Kraken are the safest and easiest options. Kraken offers competitive fees, diverse payment options, robust security measures and a 24/7 support staff that is ready to answer any questions you have about selling Derive.

Deciding when to sell Derive depends on your individual financial goals, risk tolerance and market conditions. Consider factors like price trends, your investment timeline and potential tax implications. You may want to consult with a financial advisor and conduct thorough research before making any decisions.

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Kraken lets you trade hundreds of cryptocurrencies beyond Derive. Check out some of the top trading pairs on Kraken today.

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