We’re thrilled to announce that Kraken now supports Acala (ACA)!

Funding and Trading

You can add ACA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Here’s what you need to know:

TickerACA
Tradeable againstUSD, EUR
Price precision3 decimal places
Deposit confirmations required25 (~2 minutes)
Not available inUSA, Canada, Australia, Japan
Services availableKraken, the Kraken Pro interface

What is Acala?

Acala is Polkadot’s decentralized finance network and liquidity hub. A scalable smart contract platform, Acala is Ethereum-compatible and optimized for DeFi with built-in liquidity and ready-made financial applications. It boasts trustless exchanges, a decentralized stablecoin and DOT Liquid Staking (LDOT). ACA is the utility token that powers Acala.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future. 

Trade and invest with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do…


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.