We’re thrilled to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX, and ZK are all now obtainable on Kraken!
Funding and buying and selling
Buying and selling for all 8 belongings will likely be stay as of 17:00 PM UTC as we speak, August thirteenth, 2024.
So as to add an asset to your Kraken account, navigate to Funding, choose the asset you’re after, and hit ‘Deposit’.
Make certain to deposit your tokens into the networks supported by Kraken. Deposits made utilizing different networks will likely be misplaced.
The brand new tokens are tradeable on Kraken and Kraken Professional with the next parameters:
| Asset | Pair | Value decimal precision | Minimal order measurement | Minimal deposit |
|---|---|---|---|---|
| AUCTION | USD, EUR | 3 | 0.5 | 0.5 |
| CPOOL | USD, EUR | 5 | 50 | 50 |
| KMNO | USD, EUR | 5 | 200 | 200 |
| PRCL | USD, EUR | 4 | 5 | 5 |
| PRIME | USD, EUR | 3 | 0.5 | 0.5 |
| TURBO | USD, EUR | 6 | 2000 | 2000 |
| ZEX | USD, EUR | 5 | 200 | 200 |
| ZK | USD, EUR | 4 | 10 | 10 |
Observe: Buying and selling by way of Kraken App and Prompt Purchase will likely be obtainable as soon as the liquidity situations are met (when a ample variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
KMNO, PRCL, and ZEK are usually not obtainable in Canada or the US.
Right here’s some extra details about these 8 belongings:
AUCTION – Bounce is an ‘Public sale-as-a-Service’ suite which supplies the infrastructure for customers to construct and handle decentralized auctions. Supporting a spread of public sale codecs, in addition to each digital and bodily asset purposes, Bounce provides a no-code device for deploying auctions in a permissionless setting. The AUCTION token might be staked for rewards, used as cost in Bounce Marketplaces, or as a governance token that enables holders to vote on choices that affect the event of the protocol.
CPOOL – Clearpool is a decentralized credit score buying and selling market, providing unsecured loans to vetted establishments. By lending crypto, customers can earn risk-adjusted curiosity with no lockup interval. The CPOOL token acts as each a utility and governance token — permitting customers to earn yields by staking and to share opinions on governance.
KMNO – Kamino is a DeFi suite based mostly on the Solana blockchain. In addition to offering borrowing and lending performance, its Vaults allow customers to lengthy/brief belongings, earn charges by deploying liquidity to DEXs, and leverage their publicity to belongings. KMNO is Kamino’s governance token, which empowers holders to take part within the protocol’s DAO.
PRCL – Parcl is a decentralized perpetuals futures trade with a give attention to actual property synthetics. Its Metropolis Indexes mixture actual property worth inside a given space, permitting customers to invest on median value per sq. foot (or sq. meter) throughout world markets. The PRCL token is utilized in protocol governance, and will later be used to gate actual property information.
PRIME – Echelon is a play-to-earn gaming stack that enriches the gaming expertise by integrating blockchain options. At present, its integration within the Parallel buying and selling card recreation permits customers to make use of and earn its token, PRIME, in a sci-fi-themed TCG. The PRIME token unlocks entry to gated merchandise, companies and experiences inside the ecosystem.
TURBO – Turbo is a memecoin, born out of an experiment the place ChatGPT was requested to create ‘the following nice memecoin’ with a price range of $69. The challenge prides itself on a community-driven roadmap, a renounced sensible contract, and 0 purchase/promote taxes. TURBO is an Ethereum blockchain-based token, which might be held, despatched and obtained by customers with Ethereum crypto wallets.
ZEX – Zeta Markets is a decentralized perpetuals trade on the Solana blockchain. Emphasizing person expertise and safety, it boasts an on-chain restrict orderbook, cross-margin leverage of as much as 10x, and full self-custody of belongings. The ZEX token doubles as each a utility and a governance token, permitting holders to earn rewards, submit proposals, and vote on future upgrades to the protocol.
ZK – ZKSync is a zero-knowledge (ZK) rollup Layer 2 protocol that permits low cost, speedy transactions which aren’t restricted by the constraints of the bottom chain. Leveraging validity proofs to inherit Ethereum’s safety, it seeks to duplicate the Ethereum expertise with higher UX, all in a trustless setting. ZK is the protocol’s governance token, making certain that decision-making stays decentralized.
Able to commerce however don’t have a Kraken account but? Join as we speak!
Will Kraken make extra belongings obtainable?
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 obtainable tokens might be discovered right here, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which belongings we could also be making obtainable sooner or later.
These supplies are for basic data functions solely and are usually not funding recommendation or a advice 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 variety, specific or implied, as to the
accuracy, completeness, timeliness, suitability or validity of any such data and won’t be chargeable 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 obtainable. 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 enhance within the worth of your cryptoassets and it’s best to search impartial recommendation in your taxation place. Geographic restrictions might apply.
