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Following Kraken’s listings of Bifrost (BNC), Bonfida (FIDA), and Origin Protocol (OGN) for many nations, Kraken is happy to announce the provision of those tokens for residents of the US and Canada!
Funding and Buying and selling
Funding and buying and selling are dwell. Control the standing web page for updates.
You possibly can add these tokens to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes) for all, apart from FIDA (that are near-instant).
All tokens are tradeable on Kraken and the Kraken Professional interface with the next minimal deposits and foreign money pairs accessible:
Asset
Minimal deposit
Value precision
BNC
0.5 BNC
2
FIDA
0.1 FIDA
3
OGN
25 OGN
4
Right here’s what you’ll want to know in regards to the belongings:
Bifrost (BNC) – Bifrost gives staking liquidity to anybody accessing its community. This implies token holders can stake any cryptocurrency, equivalent to DOT or ETH, on the Bifrost platform and obtain a vToken (vDOT or vETH) of equal worth in return. vTokens can then be used to entry decentralized finance functions whereas nonetheless permitting customers to obtain staking rewards on their unique crypto belongings.
Bonfida (FIDA) – Bonfida is a decentralized utility constructed on the open-source Serum buying and selling protocol, powered by the Solana blockchain. Bonfida makes use of APIs to supply a extra full buying and selling interface with further options and charting views. FIDA can be utilized to pay for transaction charges, earn staking rewards or to realize entry to unique Bonfida options.
Origin Protocol (OGN) – Origin Protocol is a web-based market constructed on Ethereum the place anybody can share items, companies, and most notably, non-fungible tokens (NFTs). Holders of the Origin Tokens (OGN) can stake them and vote on the principles that affect the longer term course of the community.
Will Kraken checklist extra belongings?
Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – not even which belongings we’re contemplating. All of Kraken’s listed tokens can be found on our web site, and all future tokens might be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can not reply any questions on which belongings we could also be itemizing sooner or later.
Commerce with warning
There isn’t any assure {that a} restrict order will execute. There may be additionally no assure of executing at a sure value for a market order. The provision and liquidity of the actual digital asset will influence these kinds of orders.
Itemizing an asset or token for commerce shouldn’t be a suggestion to purchase, promote, or take part within the related community. Do your individual analysis and make investments at your individual threat.
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