ETH deposits and withdrawals now out there on Arbitrum Nova! « Kraken Weblog

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Information

We’re thrilled to announce that Kraken now helps deposits and withdrawals of Ethereum (ETH) on Arbitrum Nova!

Funding

Funding is already reside. You’ll be able to switch ETH to your Kraken account by navigating to Funding, deciding on ETH and within the drop-down field the specified deposit technique (community): Arbitrum Nova.

Obtained ETH on Arbitrum Nova and a Kraken account?

What that you must know in regards to the asset

Ethereum (ETH) is a world, open-source platform for decentralized purposes. Ethereum is a market of economic providers, 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 technique, 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 Middle article, Methods to Purchase Ethereum (ETH).

Able to deposit however don’t have a Kraken account? Join 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 supply and liquidity of the actual digital asset will influence these kinds of orders.

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These supplies are for basic data functions solely and should not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken won’t undertake efforts to extend the worth of any cryptoasset that you simply purchase. 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 impartial recommendation in your taxation place. Geographic restrictions might apply.

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