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We are delighted to announce that Polygon Ecosystem Token (POL) is now available on Kraken for residents of Canada!
Financing and trading
POL funding and trading is live. Add POL to your Kraken account by going to Fundingby selecting the asset and pressing Deposit.
File POL only on Polygon. Deposits using other networks will be lost.
Do you have POL and a Kraken account? ⤵️
POL is negotiable on Kraken And KrakenPro with the following parameters:
Active | Pair | Decimal price precision | Minimum order size | Minimum deposit |
Pole | USD, EUR | 5 | 4 | 6.5 |
Note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- Not available in the UK
Here is some additional information about the token:
Polygon Ecosystem Token (POL) is a multi-chain scaling solution for the Ethereum blockchain. Polygon is a layer 2 scaling solution for Ethereum that aims to improve the speed and reduce the cost and complexity of transactions on its network. Polygon uses sidechains to facilitate off-chain computation while maintaining security and uses a decentralized network of proof-of-stake (PoS) validators. POL is an upgrade and renaming of the MATIC token. The move to POL tokens improves tokenomics and governance rights, allowing stakeholders to be more involved in decision-making and shaping the platform through community initiatives.
Ready to trade but don't have a Kraken account yet? register today!
Will Kraken make more assets available?
Yes! But our policy is not to reveal any details until shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on Kraken's blog and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken does not and will not endeavor to increase or decrease the price of any particular crypto-asset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection programs. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply.
Payward Canada Inc., operating as Kraken, has filed for registration in certain Canadian jurisdictions but has not yet obtained registration. Until Payward Canada Inc., operating as Kraken, obtains registration, Payward Canada Inc. has agreed to abide by the terms of an undertaking available on the following page: https://www.securities-administrators.ca/wp-content/uploads/2023/04/20230324-Kraken-PRU-publication-version.pdf.
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