Friday, July 19, 2024

USDC deposits and withdrawals now accessible on Optimism!

We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin (USDC) on Optimism!

Funding

USDC funding by way of Optimism is already dwell. You’ll be able to switch USD Coin (USDC) to your Kraken account by navigating to Funding and deciding on USDC. From there, use the drop-down field to pick the specified deposit technique (community): Optimism. 

Be aware: Kraken presently helps two variations of USDC: USDC.e and Optimism’s native USDC.

Obtained USDC on Optimism? ⤵️

Right here’s what you’ll want to know concerning the asset

USD Coin (USDC) is a USD-backed stablecoin that’s backed by the US greenback. It permits for quicker and more economical transactions in comparison with conventional banking choices. Every USD Coin is valued at one US greenback, successfully offering a price-stable cryptocurrency. Discover ways to add USDC to your crypto portfolio with our Study Heart article Learn how to Purchase USD Coin (USDC).

Optimism (OP) is a Layer 2 scaling resolution applied on the Ethereum community. It employs a expertise referred to as optimistic rollups to combination a number of transactions, thereby assuaging congestion and reducing transaction charges on the Ethereum mainnet. OP is Optimism’s native governance token, which permits OP token holders to take part in selections concerning the protocol’s future course, upgrades and parameters.

Able to deposit however don’t have a Kraken account but? Join right now!

Commerce with warning

There is no such thing as a assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure value. The supply and liquidity of the actual digital asset will influence most of these orders.

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These supplies are for common info functions solely and aren’t 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 value of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you is probably not 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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