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.
Notice: Kraken presently helps two variations of USDC: USDC.e and Optimism’s native USDC.
Acquired USDC on Optimism? ⤵️
Right here’s what you 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 less expensive transactions in comparison with conventional banking choices. Every USD Coin is valued at one US greenback, successfully offering a price-stable cryptocurrency. Learn to add USDC to your crypto portfolio with our Be taught Heart article Tips on how to Purchase USD Coin (USDC).
Optimism (OP) is a Layer 2 scaling resolution carried out on the Ethereum community. It employs a know-how referred to as optimistic rollups to mixture 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 choices relating to the protocol’s future path, upgrades and parameters.
Able to deposit however don’t have a Kraken account but? Enroll in the present day!
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 affect these kinds of orders.
These supplies are for basic info functions solely and are usually 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 value of any specific cryptoasset it makes out there. 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 improve within the worth of your cryptoassets and it is best to search impartial recommendation in your taxation place. Geographic restrictions might apply.
