Thursday, December 26, 2024

Buying and selling for Starknet Token (STRK) begins now + Starknet Provisions Program

We’re thrilled to announce that Starknet Token (STRK) is now out there on Kraken!

Funding and buying and selling

STRK funding and buying and selling are dwell. Add STRK to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit. 

Solely deposit STRK on Starknet. Deposits utilizing different networks might be misplaced.

Obtained STRK and a Kraken account? ⤵️

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

Asset Pair Worth decimal precision Minimal order dimension Minimal deposit
STRK USD, EUR 3 1 0.5

Word:  

  • Buying and selling through Kraken App and Instantaneous Purchase might be out there as soon as the liquidity situations are met (when a enough variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).
  • Not out there in the USA

Right here’s some extra details about the token:

Starknet Token (STRK) is the cryptocurrency of Starknet, a layer-two (L2) rollup on the Ethereum community. Starknet leverages its distinctive zero-knowledge proof (ZK-proof) know-how, STARK, for processing and authenticating transactions. The native cryptocurrency of Starknet is known as STRK, which is integral to the Starknet L2 ecosystem.

Able to commerce however don’t have a Kraken account but? Enroll in the present day

STRK token distribution

Kraken purchasers who staked their ETH tokens on the time of the Ethereum Merge snapshot (timestamp: Sep-15-2022) could also be eligible to obtain STRK tokens.

  • The eligibility for the Starknet Provisions Program depends upon assembly the minimal receivable of 1 STRK. Tokens beneath this threshold is not going to be credited 
  • Distribution ratio is the same as ~17.97 STRK per 1 ETH staked 
  • In concordance with pointers offered by the Starknet Basis and as outlined of their Provisions Program article: STRK is just not out there for U.S. Individuals. This consists of U.S. residents, U.S. residents (tax or in any other case), inexperienced card holders, and company entities with a majority of U.S. possession or a principal office or registered workplace in the USA of America.
  • Additional particulars on the distribution might be shared in a separate announcement.

Please contact our help workforce when you want to choose out of the token distribution.

Will Kraken make extra belongings out there?

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 out there tokens will be discovered right here, and all future tokens might 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 out there sooner or later. 

Commerce with warning

There isn’t a assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure value. The provision and liquidity of the actual digital asset will impression most of these orders.


These supplies are for normal data functions solely and should not funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any crypto asset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any explicit crypto asset it makes out there. 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 crypto asset 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 crypto belongings and you must search unbiased recommendation in your taxation place. Geographic restrictions might apply.

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