Buying and selling for Sei (SEI) begins August 15 — deposit now! « Kraken Weblog

We’re thrilled to announce that funding for Sei (SEI) is now obtainable on Kraken! SEI will begin buying and selling on Kraken on Aug. 15.

Funding your account

Add SEI to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit.  Solely deposit SEI on the Sei community. Deposits utilizing different networks shall be misplaced. 

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

SEI will commerce on Kraken and Kraken Pro with the next parameters:

Be aware:  

• Buying and selling through Kraken App and Prompt Purchase shall be obtainable 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 is advisable to know in regards to the token:

Sei Community is a Layer 1 blockchain developed on Cosmos that goals to offer a next-generation DeFi infrastructure. Using central restrict order books (CLOBs), Sei Community facilitates decentralized application (dApp) integration and entry to liquidity inside the Cosmos ecosystem. SEI validators can select to simply accept different Cosmos ecosystem accepted tokens for gasoline cost primarily based on community governance. The SEI token permits customers to pay for gas fees and in addition capabilities because the protocol’s governance token. 

Have already got SEI and a Kraken account? Click on beneath to get began ⤵️

Will Kraken make extra property obtainable?

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 obtainable tokens could be discovered here, and all future tokens shall be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which property we could also be making obtainable sooner or later. 

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 worth. The provision and liquidity of the actual digital asset will influence these kind of orders.

These supplies are for common info functions solely and usually are not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset 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 enhance within the worth of your cryptoassets and it is best to search unbiased recommendation in your taxation place. Geographic restrictions could apply.