We’re thrilled to announce that LIT, MEME and MOG are all now accessible for buying and selling on Kraken!
Funding and buying and selling
Buying and selling for LIT, MEME, and MOG will likely be dwell as of 15:00 PM UTC at the moment, 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 will likely be misplaced.
The brand new tokens are tradeable on Kraken and Kraken Professional with the next parameters:
| Asset | Pair | Worth decimal precision | Minimal order measurement | Minimal deposit |
|---|---|---|---|---|
| LIT | USD, EUR | 4 | 4 | 4 |
| MEME | USD, EUR | 5 | 250 | 250 |
| MOG | USD, EUR | 10 | 5,000,000 | 5,000,000 |
Be aware:
- Buying and selling through Kraken App and Instantaneous Purchase will likely be accessible 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 person identities. Its Trusted Execution Atmosphere (TEE) preserves privateness, whereas its IdentityHub offers 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, may 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.’ Obtainable initially as an ERC-20 token, the undertaking later carried out help for bridging to Bitcoin. MOG may be despatched, held and obtained by customers on its supported networks.
Able to commerce however don’t have a Kraken account but? Join at the moment!
Will Kraken make extra belongings accessible?
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 accessible tokens may be discovered right here, and all future tokens will likely 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 accessible sooner or later.
These supplies are for common info functions solely and will not be 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. Kraken makes no illustration or guarantee of any type, categorical or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such info and won’t be chargeable for any errors, omissions, or delays on this info or any losses, accidents, or damages arising from its show or use. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes accessible. 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 unbiased recommendation in your taxation place. Geographic restrictions might apply.
