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Wednesday, February 28, 2024

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

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

Funding and buying and selling

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

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

Acquired POL and a Kraken account? ⤵️

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

Asset Pair Worth decimal precision Minimal order measurement Minimal deposit
POL USD, EUR 5 4 6.5

Be aware:  

  • Buying and selling by way of Kraken App and On the spot Purchase will probably be out there as soon as the liquidity circumstances are met (when a enough variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).
  • Not out there in Canada and the UK

Right here’s what you want to know in regards to 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 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 higher involvement in decision-making technique of Polygon via neighborhood initiatives.

Able to commerce however don’t have a Kraken account but? Join right this moment

Will Kraken make extra property out there?

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 out there tokens will 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 property we could also be making out there sooner or later. 

Commerce with warning

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

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These supplies are for basic data functions solely and are usually not funding recommendation or a advice 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 value of any specific cryptoasset it makes out there. 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 enhance within the worth of your cryptoassets and it’s best to search impartial recommendation in your taxation place. Geographic restrictions might apply.

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