Trading for TrueUSD (TUSD) starts June 29 – deposit now! « Kraken Blog

June 29, 2023
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Asset Listings

Kraken now helps the deposits and withdrawals of TrueUSD (TUSD) on the Tron Community!

Tron is a blockchain platform the place builders can deploy their very own decentralized purposes (dApps). Tron is powered by delegated proof-of-stake (DPoS), a system that’s thought-about extremely democratic and inclusive for choosing block producers. The corporate’s imaginative and prescient is to create a decentralized model of the web. Study extra about Tron in our Kraken Study Heart article How you can purchase Tron (TRX)!

Funding and Buying and selling

Funding is dwell and buying and selling begins on June 29. You’ll be able to switch TUSD to your Kraken account by navigating to Funding, deciding on TUSD, and selecting the specified deposit methodology from the drop-down field (community): Tron.

Have already got TUSD on the Tron community and a Kraken account? ⤵️

Notice:

Buying and selling through Kraken App and Instantaneous Purchase will likely be out there as soon as the liquidity situations are met (when a adequate variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
Not out there in Canada

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

Asset Pair	Worth decimal precision	Minimal order dimension	Minimal deposit
USD EUR	8	5	5

Right here’s what it’s essential to know concerning the asset:

TrueUSD (TUSD) is a stablecoin issued by TrustToken whose worth is tied to the US greenback. In line with TrustToken, TUSD is absolutely collateralized by fiat reserves verified by third occasion accounting corporations and topic to impartial on-chain attestations. Holders can commerce TUSD for different cryptocurrencies on platforms that record the token. They’ll additionally use TUSD to execute cross-border funds and earn rewards by staking and offering liquidity on varied blockchain networks.

Able to deposit however don’t have a Kraken account but? Enroll right this moment!

Will Kraken make extra belongings out there?

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 out there tokens may be discovered right here, and all future tokens will likely 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 out there sooner or later.

Commerce with warning

There isn’t any 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 influence a lot of these orders.