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Wednesday, July 3, 2024

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


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

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 will probably be misplaced.

Received 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

Word:  

  • Buying and selling by way of Kraken App and Prompt Purchase will probably be obtainable as soon as the liquidity circumstances are met (when a adequate variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
  • Not obtainable in the UK

Right here’s some extra details about the token:

Polygon Ecosystem Token (POL) is a multi-chain scaling resolution for the Ethereum blockchain. Polygon is a Layer 2 scaling resolution for Ethereum that goals to enhance the pace and scale back the price and complexities of transactions on its community. 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 tokens enhances tokenomics and governance rights, permitting stakeholders larger involvement in decision-making and shaping the platform by group initiatives.

Able to commerce however don’t have a Kraken account but? Enroll immediately

Will Kraken make extra belongings obtainable?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s obtainable tokens could be discovered right here, and all future tokens will probably be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which belongings we could also be making obtainable sooner or later. 


These supplies are for common 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 doesn’t and won’t work to extend or lower the worth of any explicit cryptoasset it makes obtainable. Some 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 improve within the worth of your cryptoassets and it is best to search impartial recommendation in your taxation place. Geographic restrictions might apply.

Payward Canada Inc., working as Kraken, has filed an software for registration in sure Canadian jurisdictions however has not but obtained registration. Till such time as Payward Canada Inc., working as Kraken, obtains registration, Payward Canada Inc. has agreed to abide by the phrases of an enterprise obtainable on the following web page: https://www.securities-administrators.ca/wp-content/uploads/2023/04/20230324-Kraken-PRU-publication-version.pdf.

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