WeareexcitedtoannouncethatKrakenisnowsupportingKarura(KAR).?
Depositsandwithdrawalsarenowopen.?TradingwillbeginTuesday,July20,atapproximately15:30UTC.Note:TradingisnotavailabletoresidentsoftheUSA,Canada,AustraliaandJapan.
WhatisKarura?
KaruraisdesignedtooperateasaDeFihubonKusama,withtheintenttoallowdeveloperstocreatefinancialapplicationsforitsusers.Karuraisbothalayer-1blockchainplatform,inadditiontoasuiteofDeFiapplicationsbuiltontheKarurablockchain.
Karuraisexpectedtohostseveraldifferentfunctionsonitsplatform:
CryptoCollateralizedStablecoins–UserscanstakeKSMinordertoreceiveKaruraDollars(kUSD),whichmaintainastable1:1valuewiththeU.S.dollar.DecentralizedExchange–Anautomatedmarketmakerexchange(AMM)thatworkssimilarlytoUniswap,Balancer,orCurve.LiquidStaking–UserscanstakeKSMonKaruraandreceiveLKSMtokens,usingthestakedcryptoinothertradingorinvestingopportunities.EVMcompatibleblockchain?–AllowsEthereumdecentralizedapplications(dApps)torunonKarura.Whattimewillfundingandtradingstart?
FundingandTradingarealreadyavailable–depositandtradeKARnow.
TradingpairsforKAR
KAR/USDKAR/EURHowtodepositKAR
Navigateto“Funding”>Selecttheasset.Youcanfindtheasseteitherbyticking“Showallassets”orbysearching“KAR.”Click“Deposit”nexttotheassetandfollowtheon-screeninstructions.Confirmationsrequiredbeforedepositscredit
25(about4minutes)Tradingminimums
5KARFeesandfundingminimums?
DepositfeesandminimumsWithdrawalfeesandminimumsWhichserviceswillbeavailableforKAR?
Available
KrakenKrakenProNot(yet)available
KrakenFuturesMargintradingWillKrakenlistmoreassets?
Yes!Butourpolicyistoneverrevealanydetailsuntilshortlybeforelaunch–notevenwhichassetsweareconsidering.AllofKraken’slistedtokensareavailableonourwebsite,andallfuturetokenswillbeannouncedonKraken’sblogandsocialmediaprofiles.Ourclientengagementspecialistscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.?
Tradewithcaution
Limitordersarerecommendedwhentradingstartssincethemarketsmaybeilliquidinitially.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).
Investwithcaution
Listinganassetortokenfortradeisnotarecommendationtobuy,sell,orparticipateintheassociatednetwork.Doyourownresearchandinvestatyourownrisk.
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