Following the Kraken listings of Bancor (BNT), The Graph (GRT), Livepeer (LPT), Loopring (LRC), Mirror Protocol (MIR), Sushi (SUSHI) and 1 INCH (1INCH) in most countries, Kraken is pleased to announce that residents of the United States, Canada, and Australia can now trade these tokens on Kraken.
Financing and trading
Financing and trading are live. Keep an eye on the status page for updates
You can add these tokens to your Kraken account by navigating to Moneyselecting the resource and pressing To deposit. Deposits require 20 confirmations (~5 minutes) for everyone.
All tokens are tradable on kraken and the professional kraken interface with the following minimum deposits and currency pairs available:
Currency pairs available
dollars, euros, bitcoins
USD, EUR, GBP, AUD, BTC, ETH
USD, Euros, British Pounds, BTC
dollars, euros, pounds sterling
Here’s what you need to know about assets:
Bancor (BNT) is the native cryptocurrency of Bancor, a decentralized exchange that encourages users to lock cryptocurrencies in liquidity pools, in exchange for a portion of the fees paid by merchants using these assets. Bancor operates as an automated market maker (AMM), a mechanism designed to provide liquidity to cryptocurrency markets without requiring a financial institution to manage it directly.
The chart (GRT) is a decentralized protocol for querying and indexing the data on various blockchains, powered by the GRT token. As such, The Graph aims to offer functionality for blockchains that is similar to the role search engines like Google play in finding and indexing websites. Blockchain data like Bitcoin, Ethereal and many others are grouped into “subgraphs” within The Graph network, which can be queried by anyone through open APIs.
Livepeer (LPT) is a decentralized video streaming platform based on the Ethereal block chain. Developers can use Livepeer’s streaming infrastructure to share live or on-demand video within their apps. Livepeer Token (LPT) holders can stake their LPT to ensure videos uploaded to the network are encoded correctly, while earning additional LPTs as rewards for their work.
Loop Ring (LRC) is a decentralized exchange protocol based on an order book that runs on Ethereal that allows the creation of new types of crypto-asset exchanges. Loopring aims to overcome the slow speeds and high costs often associated with Ethereum applications through a new type of crypto called zero-knowledge rollups, or zkRollups. The LRC token, Loopring’s native cryptocurrency, helps ensure proper use of the Loopring network by incentivizing nodes to maintain order books and trading history.
Mirror protocol (MIR) it’s a decentralized finance (DeFi) protocol driven by smart contracts which allows the creation of synthetic assets called Mirrored Assets (mAssets). mAssets mimic the price behavior of traditional assets (such as gold or stocks), giving traders price exposure to these assets without having to own or trade the actual assets. The Mirror (MIR) token is minted by the protocol and distributed as a reward to nodes that help protect the ecosystem.
Sushi (Sushi) – Built on Ethereal, SushiSwap is a decentralized exchange platform where users can buy and sell various crypto assets. To provide liquidity, users first lock assets into liquidity pools, and then merchants buy and sell crypto from those pools, exchanging one token for another. Anyone who has its native cryptocurrency, SUSHI, can propose changes to the software and vote on proposals submitted by other users.
1 inch net (1 INCH) – 1 inch is a decentralized exchange (DEX) aggregator platform built on Ethereal. 1inch aims to help decentralized exchange users find the best price and lowest fees by scanning market prices and transaction fees on various leading DEXs. By scanning prices and fees on DEX, such as uniswap or Sushi, 1 Inch aims to help traders locate and execute their trades on the most efficient platform. Its governance token, 1INCH, allows those who stake the token to vote on network updates that dictate how the software runs.
Will Kraken list more assets?
Yes! But our policy is to never reveal any details until shortly before launch, not even what assets we’re considering. All Kraken listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our Client Engagement Specialists cannot answer any questions about what assets we may list in the future.
Operate with caution
There is no guarantee that a limit order will be executed. There is also no guarantee of execution at a given price for a market order. The availability and liquidity of the digital asset in particular will affect these types of orders.
Listing an asset or token for trading is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.
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This post BNT, GRT, LPT, LRC, MIR, SUSHI, 1INCH trading starts now for US, CA and AUS!
was published first on https://blog.kraken.com/post/13240/trading-for-bnt-grt-lpt-lrc-mir-sushi-1inch-starts-now-for-usa-ca-and-aus/