We’re thrilled to announce that Kraken now helps Euler (EUL) and Wrapped Axelar (WAXL)!
Funding and Buying and selling
Funding is stay, and buying and selling will start on December 15 at roughly 14:30 UTC.
You possibly can add these tokens to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. Deposits require 70 confirmations (~14 minutes) for each tokens.
Each tokens are tradeable in opposition to USD and EUR on Kraken and the Kraken Professional interface with the next parameters:
Asset
Pair
Value Decimal Precision
Minimal Order Dimension
Minimal deposit
EUL
USD, EUR
4
1
1
WAXL
USD, EUR
3
5
6
Notice: Buying and selling through Kraken App and Immediate Purchase will probably be out there as soon as the liquidity situations are met (when a ample variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).
Right here’s what it is advisable to know concerning the belongings:
Euler (EUL)
Euler is a decentralized protocol that permits customers to borrow and lend digital belongings. The protocol allows the permissionless itemizing of belongings on the platform and facilitates leveraged buying and selling positions. EUL is the native token of the protocol which is used to vote on selections that have an effect on the way forward for the venture.
Wrapped Axelar (WAXL)
Axelar is a blockchain infrastructure designed to facilitate cross-chain communication. The community bridges blockchain ecosystems and permits builders to attach decentralized functions (dApps) that exist on totally different blockchains. AXL is the native token of the venture which is used to pay for community transaction charges, vote on selections that have an effect on the way forward for the platform, earn rewards for securing the protocol through staking and incentivize contributors to the ecosystem.
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 might be discovered right here, and all future tokens will probably be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which belongings we could also be making out there sooner or later.
Commerce with warning
There isn’t a assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure value. The supply and liquidity of the actual digital asset will impression most of these orders.
These supplies are for common data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote or maintain any cryptoasset or to interact in any particular buying and selling technique. 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 improve within the worth of your cryptoassets and you must search unbiased recommendation in your taxation place.
