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

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 obtainable on Kraken!

Funding and buying and selling

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

Received ETH or OP on Optimism and a Kraken account?

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

Word:  Buying and selling through Kraken App and On the spot Purchase shall be obtainable as soon as the liquidity situations are met (when a adequate variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).

Right here’s what you want to know in regards to the property

Ethereum (ETH) is a worldwide, open-source platform for decentralized functions. 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 methodology, or as collateral to generate totally totally different crypto tokens that run on Ethereum. Learn to add ETH to your crypto portfolio with our Study Heart article How to Buy Ethereum (ETH).

Optimism (OP) is a Layer 2 scaling resolution carried out on the Ethereum community. It employs a expertise generally known as optimistic rollups to combination 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 path, upgrades and parameters.

Able to deposit however don’t have a Kraken account but? Sign up today!

Commerce with warning

There isn’t any 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 influence most of these orders.