EUL and WAXL trading starts on December 15

We are happy to announce that Kraken now supports Euler (EUL) Y Wrapped Axelar (WAXL)!

Financing and Trade

Funding is live, and trading will begin on December 15 at approximately 14:30 UTC.

You can add these tokens to your Kraken account by navigating to Moneyselecting the resource and clicking Deposit. Deposits require 70 confirmations (~14 minutes) for both tabs.

Both tokens are tradable against American dollar Y USD in kraken and the professional kraken interface with the following parameters:

Active
Pair
Price decimal precision
minimum order size
minimum deposit

EUL
dollars, euros
4
1
1

WAXL
dollars, euros
3
5
6

Note: Trading via the Kraken app and instant buying will be available once liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be matched efficiently).

Here’s what you need to know about assets:

Euler (EUL)

Euler is a decentralized protocol that allows users to borrow and lend digital assets. The protocol allows permissionless listing of assets on the platform and facilitates leveraged trading positions. EUL is the native token of the protocol that is used to vote on decisions that affect the future of the project.

Wrapped Axelar (WAXL)

Axelar is a blockchain infrastructure designed to facilitate cross-chain communication. The network unites blockchain ecosystems and allows developers to connect decentralized applications (dApps) that exist on different blockchains. AXL is the project’s native token used to pay network transaction fees, vote on decisions that affect the future of the platform, earn rewards for securing the protocol through participation, and incentivize contributors to the ecosystem. .

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch, including the assets we’re considering. All available Kraken tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we may make available in the future.

Operate with caution

There is no guarantee that a limit order will be executed. There is also no guarantee that a market order will be executed at a certain price. The availability and liquidity of the particular digital asset will affect these types of orders.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell or hold any crypto asset or to engage in any specific trading strategy. Some cryptographic products and markets are not regulated and you may not be protected by government compensation schemes and/or regulatory protection. The unpredictable nature of crypto asset markets can lead to loss of funds. Taxes may be payable on any returns and/or on any increase in the value of your crypto assets and you should seek independent advice on your tax position.