Following Kraken’s listings of Ethereum Naming Service (ENS) on February 23, 2022, and Harvest Finance (FARM) on June 15, 2022 for many nations, Kraken is happy to announce the provision of those tokens for residents of the US and Canada!
Funding and Buying and selling
Funding and buying and selling are stay.
You may add these tokens to your Kraken account by navigating to Funding, choosing the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes) for all.
All tokens are tradeable on Kraken and the Kraken Professional interface with the next minimal deposits and forex pairs accessible:
| Asset | Minimal deposit | Value precision | Foreign money pairs accessible |
| ENS | 0.5 | 2 | USD, EUR |
| FARM | 0.2 | 2 | USD, EUR |
Right here’s what it is advisable to know concerning the property:
Ethereum Identify Service (ENS) is a distributed area naming system for the Ethereum blockchain. It maps human-readable identifiers resembling an individual’s or mission’s identify, to machine-readable ones, resembling Ethereum addresses and plaintext URLs. The ENS token is used to suggest and vote on selections that affect the administration and future improvement of the protocol.
Harvest Finance (FARM) is a decentralized finance (DeFi) platform and automatic yield farm. Harvest Finance stakes consumer tokens en masse, auto-compounding them for improved returns. The FARM token permits holders to vote on the path of the protocol and may also be used to supply liquidity to the platform.
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 might 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 property we could also be itemizing sooner or later.
Commerce with warning
There is no such thing as a 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 these kinds of orders.
These supplies are for normal info functions solely and usually are not funding recommendation or a advice or solicitation to purchase, promote or maintain any digital asset or to interact in any particular buying and selling technique. 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 you must search impartial recommendation in your taxation place.
