Selling Tokens

List your KRC20 tokens for sale on Kasanova's marketplace.

Why Sell Tokens?

Common reasons:

  • Take profits

  • Exit position

  • Rebalance portfolio

  • Need KAS for other purposes

  • Token fundamentals changed

Marketplace benefits:

  • Integrated in wallet

  • No external platforms needed

  • Reach all Kasanova users

  • Simple listing process

  • Secure PSKT-based trades

Creating a Listing

Quick Start

  1. Go to Tokens tab

  2. Select token you want to sell

  3. Tap Sell button

  4. Enter amount and price

  5. Review and confirm

  6. Listing goes live

Listing Requirements

What you need:

  • Tokens in your wallet (obviously)

  • Minimum listing amount (varies by token)

  • Small KAS for transaction fee

  • Biometric authentication

What you set:

  • Amount to sell

  • Price per token (in KAS)

  • Listing duration (optional, coming soon)

Pricing Your Tokens

Setting the Right Price

Research first:

  • Check current floor price

  • Review recent sales

  • See bid/ask spread

  • Consider market trend

Pricing strategies:

At floor price:

  • Sells fastest

  • Matches lowest listing

  • Good for quick exit

Above floor:

  • Higher profit

  • May take longer to sell

  • Risk of being undercut

Below floor:

  • Sells immediately

  • Attracts buyers

  • Useful for urgent sales

Dynamic Pricing (Future)

Coming features:

  • Auto-adjust to market

  • Match-or-beat competitors

  • Price floors and ceilings

  • Trailing stop-loss

Managing Your Listings

Viewing Active Listings

Access your listings:

  1. Go to Settings

  2. Tap My Listings

  3. Tap KRC20 Tokens

  4. See all your active listings

Each listing shows:

  • Token and amount

  • Price per token

  • Total value

  • Seller address

Canceling Listings

You cannot edit listings. To change price or amount, you must cancel and create a new listing.

To cancel:

  1. Go to Settings > My Listings > KRC20 Tokens

  2. Find the listing you want to cancel

  3. Tap Cancel Listing

  4. Confirm action with biometrics

  5. Tokens return to available balance

Cancellation is free:

  • No fees to cancel

  • Tokens immediately available

  • Can relist anytime

When Tokens Sell

Sale Notification

You'll be notified:

  • Push notification (if enabled)

  • In-app notification

  • Activity feed entry

Notification includes:

  • Token and amount sold

  • Sale price

  • Buyer (first/last 6 chars)

  • Total KAS received

Receiving Payment

Payment is automatic:

  • Full KAS amount deposited to your wallet

  • No marketplace fee deducted from seller

  • Visible immediately after confirmation

Example:

Sale Completed!

Sold: 100,000 NACHO
Price: 100 KAS

You Receive: 100 KAS (full amount)

Note: Buyers pay a 2.5% marketplace fee, but sellers receive the full listing price.

Transaction Record

In Activity feed:

  • Type: "Token Sale"

  • Token and amount

  • Sale price

  • Buyer address

  • Net proceeds

  • Transaction ID

Save for records:

  • Screenshot transaction

  • Note sale date and price

  • Track for taxes

Marketplace Fees

Seller Fee Structure

Marketplace fee:

  • Sellers pay NO marketplace fee

  • You receive the full listing price

  • Buyers pay 2.5% fee on their side

Network fees:

  • Small fee to create listing (~1 KAS commit, refundable)

  • Small fee to cancel listing (if you cancel)

  • Paid in KAS

  • Goes to miners

Example calculation:

Sale Price: 100 KAS
Marketplace Fee: 0 KAS (buyer pays this)
---
You Receive: 100 KAS (full amount)

Why No Seller Fee?

Kasanova's approach:

  • Sellers receive full listing price

  • Buyers pay 2.5% marketplace fee

  • Encourages liquidity and listings

  • Fair fee distribution

Benefits for sellers:

  • Simple pricing (what you list is what you get)

  • No surprise deductions

  • Transparent transactions

  • Competitive with other platforms

Listing Strategies

Quick Sale Strategy

Goal: Sell ASAP

Tactics:

  • Price at or below floor

  • List full holdings at once

  • Competitive pricing

  • Avoid overpricing

Best for:

  • Need liquidity quickly

  • Exiting position entirely

  • Market turning bearish

  • Cutting losses

Maximum Profit Strategy

Goal: Get best price

Tactics:

  • Price above floor

  • Sell in smaller chunks

  • Wait for buyers

  • Adjust price as needed

Best for:

  • No urgency to sell

  • Confident in token value

  • Low volume tokens

  • Long-term holders

Dollar-Cost Averaging Out

Goal: Average exit price

Tactics:

  • Sell equal amounts regularly

  • Fixed schedule (e.g., weekly)

  • Ignore price fluctuations

  • Reduce timing risk

Best for:

  • Large holdings

  • Uncertain market direction

  • Minimizing regret

  • Disciplined selling

Security When Selling

Protecting Yourself

Safe selling practices:

Verify listing details

  • Double-check amount

  • Confirm price is correct

  • Review before confirming

Use secure connection

  • Avoid public Wi-Fi

  • Use VPN if concerned

  • Ensure device is secure

Monitor listings

  • Check regularly

  • Watch for sales

  • Adjust if needed

Avoiding Scams

You're protected by PSKTs:

  • Atomic swaps (no scam risk)

  • Payment guaranteed on sale

  • No chargebacks

  • No fake payments

But still beware:

  • Ensure you're listing correct token

  • Don't share seed phrase with "support"

  • Verify sale notifications are real (in app, not phishing)

Tax Implications

Selling is a Taxable Event

In most jurisdictions:

  • Selling tokens triggers capital gains/loss

  • Based on purchase vs sale price

  • Short-term vs long-term rates apply

  • Must report to tax authorities

Track for taxes:

  • Purchase date and price

  • Sale date and price

  • Proceeds (after fees)

  • Capital gain/loss

Kasanova helps:

  • Transaction history in Activity

  • Export feature (coming soon)

  • Timestamps and amounts preserved

Consult tax professional for your specific situation.

Tips for Successful Selling

Timing Your Sale

Consider:

  • Market sentiment (bull/bear)

  • Token-specific news

  • Your profit targets

  • Tax implications (year-end)

Avoid:

  • Panic selling

  • FOMO (fear of missing out)

  • Emotional decisions

  • Chasing pumps

Maximizing Returns

Set clear targets

  • Decide sell price in advance

  • Stick to your plan

  • Take profits gradually

Monitor competition

  • Watch other listings

  • Adjust if necessary

  • Don't race to bottom

Be patient

  • Don't undervalue

  • Wait for right buyer

  • Market will find fair price

Next Steps

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