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 stay. 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 can 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 |
Observe:
- Buying and selling by way of Kraken App and Instantaneous Purchase can 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 Canada and the UK
Right here’s what it is advisable to know concerning 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 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 predicted to reinforce tokenomics and governance rights, permitting stakeholders higher involvement in decision-making technique of Polygon 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 can be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can not reply any questions on which belongings we could also be making obtainable sooner or later.
Commerce with warning
There isn’t any 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 affect most of these orders.
These supplies are for normal data functions solely and aren’t 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 worth of any specific 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 unbiased recommendation in your taxation place. Geographic restrictions could apply.
