WearepleasedtoannouncethatOmiseGO(OMG)andPAXGold(PAXG)willbelistedonKrakenstartingOctober29.
WhatisOmiseGO(OMG)?
OmiseGOisadecentralizedbankingandexchangeplatformthatenablesinstant,peer-to-peertransactionsacrossmultipleblockchains,assetclasses(includingfiat),andapplications.Additionally,itseekstoleverageitsparentcompany’sgatewaystotraditionalandestablishedpaymentserviceproviderstodrivenetworkgrowth.
OmiseGOisaProof-of-StakeblockchainlinkedtoEthereum.ItispoweredbytheOMGtoken,whichisbasedonEthereum’sERC-20standardThenetworkutilizesascalingsolutioncalledPlasmasidechaintechnology,whichenablesspeedsofupto4,000transactionspersecond.Asaresult,userscanpayupto90%lowerfeesthanonEthereumOmiseGOprovidesanopen-sourceandwhitelabeleWalletsuitethatcanbeusedtodigitizeandstoremultipletypesofassets.Additionally,thewallet’sdevicewillactasanodeonthenetworkandverifytransactionsOmiseGOisanentityunderOmiseHoldings,createdin2013,whichalsoincludesOmisePayments.OmisePaymentsisanonlinepaymentgatewayofferingawiderangeofprocessingsolutionsacrossAsiaProjectwebsite:https://omisego.co/
WhatisPAXGold(PAXG)?
PAXGold(PAXG)givescustomersthebenefitsofactualphysicalownershipofspecificgoldbarswiththespeedandmobilityofadigitalasset.Physicalgoldontheblockchainhastheadvantagesoflegalownershipofphysicallyallocatedgold,withoutthedrawbacksoflimitedtransportabilityorhighstoragecosts.
PAXG’svalueistieddirectlytothereal-timemarketvalueofphysicalgold,anditservesasahedgeagainstcryptovolatilityOnetokenisbackedbyonefinetroyounce(toz)ofa400ozLondonGoodDeliverygoldbar,heldincustodybythePaxosTrustCompanyPAXGisanEthereumERC-20tokenPAXGisoperatedbyPaxos,atrustcompanyandcustodian,regulatedbytheNewYorkStateDepartmentofFinancialServices.Paxoswasfoundedin2012Projectwebsite:https://www.paxos.com/WhattimewillfundingandtradingforOMGandPAXGstart?
Funding:KrakenwillenabledepositsandwithdrawalsforOMGandPAXGatapproximately13:30UTConOctober29Trading:Thefirsttradeswillstartshortlyafterfundingisenabled,becausesellorderscannotbeplaceduntildepositsclear(seetherequiredconfirmationtimesfordepositsbelow)UpdateswillbepostedonthestatuspagenearlaunchtimeTradingPairs
OMG:OMG/USD,OMG/EUR,OMG/XBT,OMG/ETHPAXG:PAXG/USD,PAXG/EUR,PAXG/XBT,PAXG/ETHHowtodeposit
OMG:NavigatetoFunding>Tick“Showallassets”orSearchforOMG>Click“Deposit”nexttoOmiseGO(OMG),thengenerateadepositaddressandsendOMGtothisaddressPAXG:NavigatetoFunding>Tick“Showallassets”orSearchforPAXG>Click“Deposit”nexttoPAXGold(PAXG),thengenerateadepositaddressandsendPAXGtothisaddressForavisualguide,seeoursupportarticleongeneratingnewdepositaddressesConfirmationsrequiredbeforedepositscredit
OMG:30(approximately6minutes)PAXG:30(approximately6minutes)OMGStats
PriceHistory
ICO:$0.35USD(Sep2017–raised$25,000,000)All-TimeHigh:$28.35(Jan8,2018)All-TimeLow:$0.32(July16,2017)Current:$0.81(Oct21,2019)MarketCap:$113,014,723(Oct21,2019)Supply
Circulating:102,042,552OMGTotal:140,245,398OMGPAXGStats
PriceHistory
All-TimeHigh:$1,559.06(Oct6,2019)All-TimeLow:$1,453.33(Oct2,2019)Current:$1,517.94(Oct21,2019)MarketCap:$5,679,167(Oct21,2019)Supply
Circulating:2,410PAXG(totalsupplyfluctuatesbasedondemand)WhichserviceswillOMGandPAXGbeavailablefor?
Available
KrakenKrakenProOTCNot(yet)available
KrakenFuturesMarginTradingWillKrakenlistmoreassets?
Yes!Butourpolicyistoneverrevealanydetailsuntilshortlybeforelaunch–notevenaboutwhichassetsweareconsidering.Ourclientengagementspecialistscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.
Tradewithcaution
Limitordersarerecommendedwhentradingstartssincethemarketsmaybeilliquidinitially.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).
Investwithcaution
Listinganassetortokenfortradeisnotarecommendationtobuy,sell,orparticipateintheassociatednetwork.Doyourownresearchandinvestatyourownrisk.
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