Following Kraken’s listings of Ethereum Naming Service (ENS) on February 23, 2022, and Harvest Finance (FARM) on June 15, 2022 for many international locations, Kraken is happy to announce the provision of those tokens for residents of the US and Canada!
Funding and Buying and selling
Funding and buying and selling are stay.
You possibly can add these tokens to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes) for all.
All tokens are tradeable on Kraken and the Kraken Pro interface with the next minimal deposits and foreign money pairs accessible:
Asset | Minimal deposit | Worth precision | Forex pairs accessible |
ENS | 0.5 | 2 | USD, EUR |
FARM | 0.2 | 2 | USD, EUR |
Right here’s what you might want to know concerning the property:
Ethereum Title Service (ENS) is a distributed area naming system for the Ethereum blockchain. It maps human-readable identifiers reminiscent of an individual’s or venture’s identify, to machine-readable ones, reminiscent of Ethereum addresses and plaintext URLs. The ENS token is used to suggest and vote on choices that affect the administration and future improvement of the protocol.
Harvest Finance (FARM) is a decentralized finance (DeFi) platform and automatic yield farm. Harvest Finance stakes person tokens en masse, auto-compounding them for improved returns. The FARM token permits holders to vote on the route of the protocol and will also be used to offer liquidity to the platform.
Will Kraken make extra property accessible?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s accessible tokens might be discovered here, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can’t reply any questions on which property we could also be itemizing sooner or later.
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 impression most of these orders.
These supplies are for basic info functions solely and usually are not funding recommendation or a suggestion or solicitation to purchase, promote or maintain any digital asset or to have interaction in any particular buying and selling technique. Some 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 it’s best to search impartial recommendation in your taxation place.
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