ETH deposits and withdrawals now out there on Arbitrum Nova! « Kraken Weblog

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August 17, 2023
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Information

We’re thrilled to announce that Kraken now helps deposits and withdrawals of Ethereum (ETH) on Arbitrum Nova!
Funding
Funding is already stay. You’ll be able to switch ETH to your Kraken account by navigating to Funding, deciding on ETH and within the drop-down field the specified deposit methodology (community): Arbitrum Nova.
Received ETH on Arbitrum Nova and a Kraken account?

What that you must know concerning the asset
Ethereum (ETH) is a world, open-source platform for decentralized functions. Ethereum is a market of monetary providers, video games and apps that’s trustless, decentralized and safe. ETH is the cryptocurrency powering the Ethereum community.
It’s used to pay for transactions, as a retailer of worth or peer-to-peer fee methodology, or as collateral to generate totally completely different crypto tokens that run on Ethereum. Discover ways to add ETH to your crypto portfolio with our Be taught Middle article, Purchase Ethereum (ETH).
Able to deposit however don’t have a Kraken account? Join at the moment!

Commerce with warning
There isn’t any assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure worth. The supply and liquidity of the actual digital asset will influence these kinds of orders.
These supplies are for normal data functions solely and usually are not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken is not going to undertake efforts to extend the worth of any cryptoasset that you simply purchase. Crypto merchandise and markets are unregulated, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you must search impartial recommendation in your taxation place. Geographic restrictions might apply.