Kraken now supports deposits and withdrawals from TrueUSD (TUSD) on the Tron network!
Tron is a blockchain platform where developers can deploy their own decentralized applications (dApps). Tron is powered by Delegated Proof of Stake (DPoS), a system considered highly democratic and inclusive for selecting block producers. The company’s vision is to create a decentralized version of the Internet. Learn more about Tron in our Kraken Learn Center article. How to buy Tron (TRX)!
Financing and negotiation
Funding is live and trading begins June 29. You can transfer TUSD to your Kraken account by accessing Fundingby selecting USD, and choosing the desired deposit method from the drop-down list (network): tron.
Already have TUSD on the Tron network and a Kraken account? ⤵️
Note:
- Trading via Kraken App and Instant Buy will be available once liquidity requirements are met (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- Not available in Canada
TUSD is tradeable on kraken And KrakenPro with the following parameters:
| Asset pair | Decimal Price Accuracy | Minimum order size | Minimum deposit |
| USD EUR | 8 | 5 | 5 |
Here’s what you need to know about the asset:
TrueUSD (TUSD) is a stablecoin issued by TrustToken whose value is linked to the US dollar. According to TrustToken, TUSD is fully backed by trust reserves verified by third-party accounting firms and subject to independent on-chain attestations. Holders can trade TUSD for other cryptocurrencies on platforms that list the token. They can also use TUSD to execute cross-border payments and earn rewards by staking and providing liquidity on various blockchain networks.
Ready to deposit 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 before launch, including the 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 any assets we may make available in the future.
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.
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