ETH deposits and withdrawals out there on the Polygon community!

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Kraken is happy to announce that we now assist deposits and withdrawals of Ethereum (ETH) on Polygon!

Polygon is a Layer 2 scaling resolution and decentralized utility growth infrastructure for Ethereum. Polygon will increase the transaction throughput for Ethereum-based property and makes use of a modular framework to assist the execution of interoperable sensible contracts. 

Take a look at the Kraken Study Heart information What’s Polygon? or Methods to purchase Polygon (MATIC) to study extra.

Funding

Funding is already stay. You’ll be able to switch Ethereum (ETH) to your Kraken account by navigating to Funding, deciding on ETH and selecting the specified deposit methodology from the drop-down field (community): Polygon

Have already got ETH (Ethereum) on Polygon and a Kraken account? ⤵️

Right here’s what it is advisable to know concerning the property:

Ethereum (ETH) is a world, open-source platform for decentralized functions. Ethereum is a market of economic companies, video games and apps that’s trustless, decentralized and safe. ETH is the cryptocurrency powering the Ethereum community. It’s used to pay for transactions, as a retailer of worth or peer-to-peer fee methodology, or as collateral to generate completely completely different crypto tokens that run on Ethereum. Learn to add ETH to your crypto portfolio with our Study Heart article Methods to Purchase Ethereum (ETH).

Able to deposit however don’t have a Kraken account but? Enroll as we speak!

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 worth. The provision and liquidity of the actual digital asset will affect some of these orders.

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These supplies are for basic data functions solely and will not be funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you will 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 is best to search impartial recommendation in your taxation place. Geographic restrictions could apply.

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