ETH and OP deposits and withdrawals now accessible on Optimism! « Kraken Weblog

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We’re thrilled to announce that Kraken now helps deposits and withdrawals of Ethereum (ETH) and Optimism (OP) on Optimism.

Moreover, Optimism (OP) is now accessible on Kraken!

Funding and buying and selling

Optimism (OP) funding and buying and selling are already stay. You possibly can switch ETH or OP to your Kraken account by navigating to Funding and deciding on ETH or OP. From the drop-down menu, you may then choose the specified deposit methodology (community): Optimism.

Obtained ETH or OP on Optimism and a Kraken account? ⤵️

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

Asset Pair Asset decimal precision Minimal order dimension Minimal deposit
OP USD, EUR 4 4 0.5

Be aware:  Buying and selling through Kraken App and Prompt Purchase will probably be accessible 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).

Right here’s what it’s worthwhile to know concerning the property

Ethereum (ETH) is a world, open-source platform for decentralized purposes. 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 cost methodology, or as collateral to generate solely completely different crypto tokens that run on Ethereum. Learn to add ETH to your crypto portfolio with our Study Heart article Find out how to Purchase Ethereum (ETH).

Optimism (OP) is a Layer 2 scaling resolution applied on the Ethereum community. It employs a expertise often known as optimistic rollups to mixture a number of transactions, thereby assuaging congestion and decreasing transaction charges on the Ethereum mainnet. OP is Optimism’s native governance token, which permits OP token holders to take part in choices concerning the protocol’s future route, upgrades and parameters.

Able to deposit however don’t have a Kraken account but? Join in the present day!

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 supply and liquidity of the actual digital asset will influence some of these orders.

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