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August 10, 2023
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Asset Listings, Product
We’re thrilled to announce that funding for Sei (SEI) is now available on Kraken! SEI will start trading on Kraken on Aug. 15.
Funding your account
Add SEI to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Only deposit SEI on the Sei network. Deposits using other networks will be lost.
Ready to trade but don’t have a Kraken account yet? Sign up today!
SEI will trade on Kraken and Kraken Pro with the following parameters:
AssetPairPrice decimal precisionMinimum order sizeMinimum depositSEIUSD, EUR2510
Note:
Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
Here’s what you need to know about the token:
Sei Network is a Layer 1 blockchain developed on Cosmos that aims to provide a next-generation DeFi infrastructure. Utilizing central limit order books (CLOBs), Sei Network facilitates decentralized application (dApp) integration and access to liquidity within the Cosmos ecosystem. SEI validators can choose to accept other Cosmos ecosystem approved tokens for gas payment based on network governance. The SEI token allows users to pay for gas fees and also functions as the protocol’s governance token.
Already have SEI and a Kraken account? Click below to get started ⤵️
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.
Trade with caution
There is no guarantee that a limit order will execute. There is also no guarantee a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.
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