Tuesday, October 1, 2024

Buying and selling for Pendle begins on June 6

We’re thrilled to announce that Pendle (PENDLE), is now accessible on Kraken!

Funding and buying and selling

PENDLE funding is now accessible and buying and selling begins on June 6. Add your token to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. 

Be sure to deposit your tokens into the networks supported by Kraken. Deposits made utilizing different networks will likely be misplaced.

Acquired PENDLE? and a Kraken account? ⤵️

PENDLE is tradeable on Kraken and Kraken Professional with the next parameters:

Asset Pair Value decimal precision Minimal order dimension Minimal deposit
PENDLE USD, EUR 4 2 2

Be aware:  Buying and selling by way of Kraken App and On the spot Purchase will likely be accessible as soon as the liquidity circumstances are met (when a ample variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).

Right here’s some extra details about the token:

Pendle (PENDLE) goals to assist customers maximize their DeFi yield. It does so by wrapping yield-bearing tokens, making them suitable with Pendle’s personal AMM and giving customers larger management over their yield technique. The PENDLE token was initially launched as a utility token, with a view of later permitting participation in governance.

Able to commerce however don’t have a Kraken account but? Enroll at this time

Will Kraken make extra belongings accessible?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s accessible tokens might be discovered right here, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can not reply any questions on which belongings we could also be making accessible sooner or later. 


These supplies are for common data functions solely and aren’t funding recommendation or a suggestion or solicitation to purchase, promote, stake, or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken makes no illustration or guarantee of any type, categorical or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such data and won’t be accountable for any errors, omissions, or delays on this data or any losses, accidents, or damages arising from its show or use. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you need to search unbiased recommendation in your taxation place. Geographic restrictions could apply.

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