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Monday, December 23, 2024

Buying and selling for Polygon Ecosystem Token (POL) begins now


We’re thrilled to announce that Polygon Ecosystem Token (POL) is now obtainable on Kraken!

Funding and buying and selling

POL funding and buying and selling are dwell. Add POL to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. 

Solely deposit POL on Polygon. Deposits utilizing different networks might be misplaced.

Bought POL and a Kraken account? ⤵️

POL is tradeable on Kraken and Kraken Professional with the next parameters:

AssetPairValue decimal precisionMinimal order measurementMinimal deposit
POLUSD, EUR546.5

Observe:  

  • Buying and selling through Kraken App and Immediate Purchase might be obtainable as soon as the liquidity situations are met (when a ample variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
  • Not obtainable in Canada and the UK

Right here’s what you must know concerning the token:

Polygon Ecosystem Token (POL) is a multi-chain scaling answer for the Ethereum blockchain. Polygon is a Layer 2 scaling answer for Ethereum that goals to enhance the velocity and cut back the price of executing transactions on Ethereum. Polygon makes use of sidechains to assist with off-chain computation whereas sustaining safety and makes use of a decentralized community of proof-of-stake (PoS) validators. POL is an improve and renaming of the MATIC token. Switching to POL token is anticipated to reinforce tokenomics and governance rights, permitting stakeholders larger involvement in decision-making technique of Polygon by way of neighborhood initiatives.

Able to commerce however don’t have a Kraken account but? Join in the present day

Will Kraken make extra property obtainable?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property we’re contemplating. All of Kraken’s obtainable tokens will be discovered right here, 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 property we could also be making obtainable sooner or later. 

Commerce with warning

There is no such thing as a assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure worth. The provision and liquidity of the actual digital asset will impression a majority of these orders.

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These supplies are for normal info functions solely and are usually not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any explicit cryptoasset it makes obtainable. Some crypto merchandise and markets are unregulated, and also you will 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 it is best to search impartial recommendation in your taxation place. Geographic restrictions might apply.

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