Friday, November 22, 2024

Buying and selling for Starknet Token (STRK) begins now + Starknet Provisions Program

We’re thrilled to announce that Starknet Token (STRK) is now accessible on Kraken!

Funding and buying and selling

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

Solely deposit STRK on Starknet. Deposits utilizing different networks shall be misplaced.

Acquired STRK and a Kraken account? ⤵️

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

Asset Pair Value decimal precision Minimal order dimension Minimal deposit
STRK USD, EUR 3 1 0.5

Word:  

  • Buying and selling through Kraken App and Prompt Purchase shall be accessible 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 accessible in the USA

Right here’s some extra details about the token:

Starknet Token (STRK) is the cryptocurrency of Starknet, a layer-two (L2) rollup on the Ethereum community. Starknet leverages its distinctive zero-knowledge proof (ZK-proof) know-how, STARK, for processing and authenticating transactions. The native cryptocurrency of Starknet is known as STRK, which is integral to the Starknet L2 ecosystem.

Able to commerce however don’t have a Kraken account but? Enroll as we speak

STRK token distribution

Kraken shoppers who staked their ETH tokens on the time of the Ethereum Merge snapshot (timestamp: Sep-15-2022) could also be eligible to obtain STRK tokens.

  • The eligibility for the Starknet Provisions Program is dependent upon assembly the minimal receivable of 1 STRK. Tokens beneath this threshold won’t be credited 
  • Distribution ratio is the same as ~17.97 STRK per 1 ETH staked 
  • In concordance with tips offered by the Starknet Basis and as outlined of their Provisions Program article: STRK isn’t accessible for U.S. Individuals. This consists of U.S. residents, U.S. residents (tax or in any other case), inexperienced card holders, and company entities with a majority of U.S. possession or a principal place of job or registered workplace in the USA of America.
  • Additional particulars on the distribution shall be shared in a separate announcement.

Please contact our assist crew should you want to choose out of the token distribution.

Will Kraken make extra belongings accessible?

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 accessible tokens could be discovered right here, and all future tokens shall 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 accessible sooner or later. 

Commerce with warning

There isn’t a assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure value. The provision and liquidity of the actual digital asset will influence a majority of these orders.


These supplies are for common data functions solely and are usually not funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any crypto asset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific crypto asset it makes accessible. 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 crypto asset 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 crypto belongings and you must search unbiased recommendation in your taxation place. Geographic restrictions could apply.

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