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Sell Tranchess (CHESS)

$0.274838 6.00%
6.00%
Instant Sell
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What is Tranchess?

Tranchess (CHESS) is a digital asset management platform that looks to facilitate varied risk-return solutions. Built as a one-stop shop, the Tranchess ecosystem offers users a range of DeFi features like borrowing, lending, single asset yield farming and trading.

  • Taking inspiration from tranche funds' ability to cater to users' varying risk appetites, Tranchess aims to provide an alternative risk-return matrix out of a single main fund that tracks a specific underlying asset (e.g. BTC).
  • With a flexible tokenised structured protocol, the main tranche (QUEEN) can be divided into two sub-tranches (BISHOP & ROOK), each with its own risk-return profile.
  • CHESS is the governance token of the Tranchess ecosystem. Users holding CHESS are able to access the Tranchess Forum, where community members can participate in protocol governance.

While Tranchess has a wide range of features available, the team hopes to empower DeFi users with even greater asset allocation and management flexibility, looking to continue expanding the protocol to encompass more product and fund offerings.

How do I sell Tranchess?

Enter amount to sell
Enter the amount of Tranchess (or AUD equivalent) you would like to sell.
Confirm & sell
Click 'Sell' to confirm your Tranchess sale. Your sale will process within minutes.
That’s it!
You’ve sold Tranchess! To sell Tranchess, you must first own an amount of Tranchess. To buy or sell Tranchess register for a CoinSpot account here & verify in minutes.

Learn more about Tranchess

Why Should I Trade CHESS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Tranchess no matter what your trading experience is. Unlike other international and Australian Tranchess exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Tranchess with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Tranchess how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Tranchess?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Tranchess for free.

Cold Storage

If you are holding Tranchess as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Tranchess. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Tranchess. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Tranchess has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Tranchess is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Tranchess exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Tranchess & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Tranchess safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Tranchess portfolio here.
Yes! With CoinSpot you can convert your Tranchess to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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