Kraken is pleased to announce that we now support deposits and withdrawals from Ethereum (ETH) on Polygon!
Polygon is a layer 2 scaling solution and decentralized application development framework for Ethereum. Polygon increases transaction throughput for Ethereum-based assets and uses a modular framework to support the execution of interoperable smart contracts.
Check out the Kraken Learn Center Guide What is Polygon? Or How to buy Polygon (MATIC) to learn more.
Funding is already live. You can transfer Ethereum (ETH) to your Kraken account by accessing Fundingby selecting ETH and choosing the desired deposit method from the drop-down list (network): Polygon.
Already have ETH (Ethereum) on Polygon and a Kraken account? ⤵️
Here’s what you need to know about assets:
Ethereum (ETH) is an open source global platform for decentralized applications. Ethereum is a trustless, decentralized and secure marketplace for financial services, games and applications. ETH is the cryptocurrency that powers the Ethereum network. It is used to pay for transactions, as a store of value or peer-to-peer payment method, or as collateral to generate entirely different crypto tokens that run on Ethereum. Learn how to add ETH to your crypto wallet with our Learn Center article How to buy Ethereum (ETH).
Ready to deposit but don’t have a Kraken account yet? register today!
Trade with caution
There is no guarantee that a limit order will be executed. There is also no guarantee that a market order will be executed at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.
These materials are for general informational purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, bet or hold any crypto-asset or to engage in any strategy. specific trading. Some crypto products and markets are unregulated and you may not be protected by government indemnities and/or regulatory protection schemes. The unpredictable nature of crypto-asset markets can lead to loss of funds. Tax may be due on any return and/or increase in value of your crypto-assets and you should seek independent advice on your tax position. Geographic restrictions may apply.