We’re thrilled to announce that LIT, MEME and MOG are all now out there for buying and selling on Kraken!
Funding and buying and selling
Buying and selling for LIT, MEME, and MOG shall be reside as of 15:00 PM UTC right now, August twenty ninth, 2024.
So as to add an asset to your Kraken account, navigate to Funding, choose the asset you’re after, and hit ‘Deposit’.
Ensure to deposit your tokens into networks supported by Kraken. Deposits made utilizing different networks shall be misplaced.
The brand new tokens are tradeable on Kraken and Kraken Professional with the next parameters:
| Asset | Pair | Worth decimal precision | Minimal order dimension | Minimal deposit |
|---|---|---|---|---|
| LIT | USD, EUR | 4 | 4 | 4 |
| MEME | USD, EUR | 5 | 250 | 250 |
| MOG | USD, EUR | 10 | 5,000,000 | 5,000,000 |
Observe:
- Buying and selling by way of Kraken App and Prompt Purchase shall be out there 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 some extra details about these belongings:
LIT – Litentry is a decentralized id aggregator that allows cross-chain linking of consumer identities. Its Trusted Execution Surroundings (TEE) preserves privateness, whereas its IdentityHub gives intensive rewards for customers making use of the Litentry suite. LIT is used to pay for community charges, and acts as each a utility and governance token.
MEME – Memecoin payments itself as ‘actually a meme coin’ — with out utility, guarantees or a roadmap. It was created by Web3-focused enterprise studio Memeland, the group behind 9gag. Its ERC-20 token, MEME, could be staked to farm different memecoins, or utilized in funds between Ethereum customers.
MOG – Mog Coin is a memecoin that describes itself as ‘the Web’s first tradition coin.’ Out there initially as an ERC-20 token, the challenge later applied assist for bridging to Bitcoin. MOG could be despatched, held and obtained by customers on its supported networks.
Able to commerce however don’t have a Kraken account but? Enroll right now!
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 could be discovered right here, and all future tokens shall be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can not reply any questions on which belongings we could also be making out there sooner or later.
These supplies are for normal data functions solely and will not be 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 makes no illustration or guarantee of any type, categorical 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 value of any specific cryptoasset it makes out there. Some crypto merchandise and markets are unregulated, and also you is probably not 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 you need to search impartial recommendation in your taxation place. Geographic restrictions could apply.