Following the Altair Kraken listings (AIR), basilisk (bsx), bifrost (BNC), Karura (kare), Scottish skirt (SCOTTISH SKIRT), Kintsugi (TYPE), Rio Luna (MOVR), fail (PHA) and Tokemak (I TOUCHED) for most countries, Kraken is pleased to announce the availability of these tokens for residents of the United States and Canada!
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 Deposit. Deposits require 25 confirmations (~6 minutes) for all except for bsx Y I TOUCHED what do you require 20 confirmations (~5 minutes).
All tokens are tradable on kraken and the professional kraken interface with the following minimum deposits and currency pairs available:
Currency pairs available
7 decimal places
Here’s what you need to know about assets:
Altair (AIR) – The Altair network allows users to tokenize their assets, from artistic NFTs to real-world assets, and fund them. AIR is the utility token of the Altair network.
Basilisk (BSX) – Basilisk is a Kusama-based liquidity protocol parachain that allows participants to exchange two cryptocurrencies. Basilisk is a cross-chain protocol that allows you to communicate with other networks like Ethereum, Bitcoin, and Polkadot.
Bifrost (BNC) – Bifrost provides staking liquidity to anyone who accesses its network. This means that token holders can stake cryptocurrencies such as DOT or ETH on the Bifrost platform and receive a vToken (vDOT or vETH) of equal value in return. The vTokens can then be used to access decentralized finance applications while allowing users to receive staking rewards on their original crypto assets.
Karura (KAR) – Karura is designed to operate as a decentralized finance (DeFi) hub in Kusama, with the intention of allowing developers to create financial applications for their users. Karura is both a layer 1 blockchain platform and a suite of DeFi applications built on the Karura blockchain.
Kilt Protocol (KILT) – KILT provides a base layer for verifiable credentials in the Web 3.0 world. Using the benefits of blockchain to bring accreditation from the real world to the digital world, Kilt Protool creates a way for businesses to verify credentials and take trust to a deeper level.
Kintsugi (Kint) – Kintsugi is a decentralized network that allows users to create kBTC, a 1:1 Bitcoin-backed asset, in a decentralized and trustless manner. Kintsugi’s kBTC brings Bitcoin to Kusama to boost parachain liquidity. The KINT token is used to participate in the government of Kintsugi.
Moon River (MOVR) – Moonriver is a smart contract blockchain that supports Ethereum decentralized applications. Moonriver is intended to operate on Kusama as a parachain and provide a full EVM implementation, a Web3 compatible API, and bridges connecting Moonriver to existing Ethereum networks. Moonriver also plans to implement a seamless integration for all Kusama and ERC-20 tokens and bridges to other assets like Bitcoin.
fala (PHA) – Phala is a trustless computing platform that enables cloud processing while preserving data confidentiality. Leveraging the trusted execution environments of modern processors, Phala’s distributed computing network provides a highly scalable and confidential computing environment by separating computational and consensus mechanisms.
Tokemak (TOUCH) – Tokemak is a decentralized liquidity generation protocol for DeFi applications. The platform allows users to provide liquidity and control their allocation to tokens and exchanges. TOKE is the protocol’s native token used to earn rewards for participating in the platform’s liquidity pools, help direct assets deposited through participation, and vote on decisions that affect the future of the project.
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 the Kraken 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 that a market order will be executed at a certain price. The availability and liquidity of the digital asset in particular 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 crypto products and markets are unregulated and you may not be protected by government compensation schemes and/or regulatory protection. The unpredictable nature of the crypto asset markets can lead to loss of funds. Taxes may be payable on any return and/or on any increase in the value of your crypto assets and you should seek independent advice on your tax position.
This post Trading of TOKE, MOVR, PHA and more starts now for US and CA!
was published first on https://blog.kraken.com/post/15797/trading-for-toke-movr-pha-and-more-starts-now-for-the-usa-and-ca/