We’re thrilled to announce that Polygon Ecosystem Token (POL) is now accessible on Kraken for residents of Canada!
Funding and buying and selling
POL funding and buying and selling are stay. 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 can be misplaced.
Acquired POL and a Kraken account? ⤵️
POL is tradeable on Kraken and Kraken Professional with the next parameters:
| Asset | Pair | Value decimal precision | Minimal order measurement | Minimal deposit |
| POL | USD, EUR | 5 | 4 | 6.5 |
Word:
- Buying and selling through Kraken App and Instantaneous Purchase can 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 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 velocity and scale back the fee 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 means of group initiatives.
Able to commerce however don’t have a Kraken account but? Join immediately!
Will Kraken make extra property accessible?
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 accessible tokens may be discovered right here, and all future tokens can be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can’t reply any questions on which property we could also be making accessible sooner or later.
These supplies are for basic info functions solely and should 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 specific cryptoasset it makes accessible. 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 unbiased recommendation in your taxation place. Geographic restrictions might apply.
Payward Canada Inc., working as Kraken, has filed an utility 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 accessible on the following web page: https://www.securities-administrators.ca/wp-content/uploads/2023/04/20230324-Kraken-PRU-publication-version.pdf.
