Krakenissupportingfournewassets:BadgerDAO(BADGER),Cartesi(CTSI),Loopring(LRC)andWrappedBitcoin(WBTC).
Depositsforallfourassetsareavailablestartingnow?TradingwillbeginonAugust3atapproximately15:30UTCforallassets?Note:TradingisnotavailabletoresidentsoftheUSA,Canada,AustraliaandJapan.
Here’sarundownofthenewassetsavailablefordepositonKrakentoday.
BadgerDAO(BADGER)–BadgerDAOisanopen-source,decentralizedautomatedorganization(DAO)builtonEthereumthatisdedicatedtobuildinganinfrastructureandproductsforusingBitcoin(BTC)indecentralizedfinance(DeFi)applications.BadgerDAOdeveloperscangetcompensatedintheBADGERcryptocurrencyfortheirwork.BADGERalsoenablesanyonewhoholdsittoshareownershipintheDAOandvoteonupgradestotheprotocol,amongotherthings.
Cartesi(CTSI)–Cartesiisadecentralizedcomputationplatformthatallowsforthecreationanddevelopmentofdecentralizedapplications.WhatsetsCartesiappartistheabilityfordeveloperstowritesmartcontractsusingcodinglanguagestheyarealreadyfamiliarwith(suchasPython).TheCTSItokenhasbeendesignedtoincentivizeCartesinodeoperatorstoengagewiththesystemhonestlyandtoallowparticipantstopayfeeswithinCartesi’secosystem.
Loopring(LRC)–LoopringisadecentralizedexchangeprotocolrunningonEthereumthatenablesthecreationofnewtypesofcryptoassetexchanges.DeveloperscanuseLooperingtobuildorderbook-baseddecentralizedexchangeswithouthavingtotakecustodyofparticipant’sassets.LoopringclaimsthatitsplatformwillallowtheseexchangestoavoidlowspeedsandhighcostsoftenassociatedwithEthereumthroughtheuseofanewertypeofcryptographycalledzero-knowledgerollups,orzkRollups.TheLRCtoken,Loopring’snativecryptocurrency,helpsincentivizetheproperuseoftheLoopringnetworkbyincentivizingnodestomaintaintheorderbooksandtradehistory.
WrappedBitcoin(WBTC)–?wBTCisatokenthatisbacked1:1bybitcoin,allowingbitcoinholderstoaccessdecentralizedfinance(DeFi)applicationsonEthereum.?Inthisway,WBTCoperatesasabridgebetweenEthereumandBitcoin.ThosewhowishtodepositBTCandmintWBTCmustgothroughaprocessthatiscarriedoutbycustodians,whomintWBTCandkeepitsreservessecure,andmerchants,whodistributeWBTCtoparticipantsanddestroyexcessWBTC.?
Whattimewillfundingandtradingstart?
Funding:Alreadyavailable–youcandepositBADGER,CTSI,LRCandWBTCnow!?Trading:StartsAugust3atapproximately15:30UTC(Krakenwillenableorderentryandexecutionatthistime)UpdateswillbepostedonthestatuspagenearlaunchtimeTradingpairsforBADGER,CTSI,LRCandWBTC
EachnewassetwillbeavailablefortradinginUSDandEUR.WBTCwillalsobeavailablefortradinginBTC.
HowtodepositBADGER,CTSI,LRCandWBTC
Navigateto“Funding”>Selecttheasset.Youcanfindtheasseteitherbyticking“Showallassets”orbysearching(e.gfor“CTSI”or“LRC”).Click“Deposit”nexttotheassetandfollowtheon-screeninstructions.Confirmationsrequiredbeforedepositscredit
BADGER:20(about5minutes)CTSI:20(about5minutes)LRC:20(about5minutes)WBTC:20(about5minutes)Tradingminimums
0.5BADGER10CTSI15LRC0.0001WBTCFeesandfundingminimums?
DepositfeesandminimumsWithdrawalfeesandminimumsWhichserviceswillbeavailableforCTSI,LRC,WBTCandBADGER?
Available
KrakenKrakenProNot(yet)available
KrakenFuturesMarginTradingWillKrakenlistmoreassets?
Yes!Butourpolicyisnottorevealanydetailsuntilshortlybeforelaunch–notevenwhichassetsweareconsidering.AllofKraken’slistedtokensareavailableonourwebsiteandallfuturetokenswillbeannouncedonKraken’sblogandsocialmediaprofiles.Ourclientengagementspecialistscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.?
Tradewithcaution
Limitordersarerecommendedwhentradingstartssincethemarketsmaybeilliquidinitially.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).
Investwithcaution
Listinganassetortokenfortradeisnotarecommendationtobuy,sell,orparticipateintheassociatednetwork.Doyourownresearchandinvestatyourownrisk.
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