POL on the Polygon Community is now accessible for funding!

POL on the Polygon Community is now accessible for funding!

We’re thrilled to instruct that we’ve prolonged the community protection of POL to consist of the Polygon Community! 

That is a the largest step as we work in direction of supporting the Polygon crew’s fair of migrating all MATIC to the POL token. To bag out extra about this migration, take a look at up on our Give a enhance to Middle

In the approaching months, Kraken will mechanically migrate purchasers from MATIC to POL on a 1:1 basis. We can present essential good points in relation to this migration, in conjunction with a explain timeline, as soon as accessible.

Clients also possess the flexibility to trade their MATIC for POL themselves now thru the brand new MATIC/POL shopping and selling pair, in position of wait to be mechanically migrated. They can attain so the usage of Kraken Expert, or thru the convert characteristic the usage of the Kraken app.

Funding

Funding for POL on the Polygon Community* is live as of as of late, September 4, 2024.

*POL is already accessible on Kraken thru the Ethereum Community.

To add an asset to your Kraken legend, navigate to Funding, opt the asset you’re after, and hit ‘Deposit.’ 

Be sure to deposit your tokens the usage of networks supported by Kraken. Deposits made the usage of completely different networks will be lost.

The new tokens are tradeable on Kraken and Kraken Expert with the following parameters:

Asset Pair Label decimal precision Minimal exclaim size Minimal deposit
POL USD, EUR 5 6 6.5
MATIC POL 5 6 6.5

Notice:  

  • POL is now accessible to purchasers within the US
  • Trading thru Kraken App and Instantaneous Buy will be accessible as soon as the liquidity stipulations are met (when a ample decision of patrons and sellers possess entered the market for their orders to be effectively matched).

Right here’s some extra knowledge about POL:

POL is a multi-chain scaling resolution for the Ethereum blockchain. Polygon is a Layer 2 scaling resolution that targets to augment the rate, while also lowering the price and complexities, of transactions on its community. Polygon uses sidechains to befriend with off-chain computation while placing forward security and uses a decentralized community of proof-of-stake (PoS) validators. POL is the utility token of the Polygon community and is mature for securing the chain thru staking, taking part in community governance and as a unit of price for transaction charges on the community.

Ready to trade but don’t possess a Kraken legend but? Join as of late!

Will Kraken build extra resources accessible?

Roam! But our policy is to by no methodology display any essential good points till rapidly before starting up – in conjunction with which resources we are serious about. All of Kraken’s accessible tokens will also be stumbled on right here, and all future tokens will be launched on Kraken’s blog and social media profiles. Our consumer engagement experts can not reply any questions on which resources we would be making accessible in some unspecified time in the future. 


These materials are for overall knowledge functions only and are no longer funding advice or a recommendation or solicitation to derive, promote, stake, or retain any cryptoasset or to interact in any explain shopping and selling strategy. Kraken makes no illustration or warranty of any form, categorical or implied, as to the accuracy, completeness, timeliness, suitability or validity of this form of knowledge and can honest no longer be accountable for any errors, omissions, or delays in this knowledge or any losses, injuries, or damages coming up from its existing or relate. Kraken does no longer and can honest no longer work to amplify or decrease the price of any explicit cryptoasset it makes accessible. Some crypto products and markets are unregulated, and also it’s doubtless you’ll maybe presumably furthermore honest no longer be stable by executive compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax would be payable on any return and/or on any amplify within the price of your cryptoassets and also it’s doubtless you’ll maybe presumably furthermore honest level-headed search fair advice on your taxation position. Geographic restrictions would possibly maybe furthermore honest follow.

Read Extra


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *