We’re thrilled to announce that Kraken now supports Convex Finance (CVX), Frax Share (FXS), Multichain (MULTI), Powerledger (POWR), PlayDapp (PLA), Quant (QNT), Rubic (RBC), SuperRare (RARE) and Tokemak (TOKE)!
Funding and Trading
Funding is live, and trading will begin on March 29 at approximately 15:30 UTC. Keep an eye on the status page for updates.
You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes).
|Asset||Price precision||Minimum deposit|
Note: Tokemak (TOKE) trading is not available to residents of the United States, Canada, Australia and Japan.
Here’s what you need to know about the assets:
Convex Finance (CVX) – Convex, which aims to provide additional rewards and reduced trading fees, is a protocol built on Curve, allowing users to access ‘boosted CRV staking’.. The CVX token is the Convex protocol’s native token which allows holders to vote on yield earning strategies.
Frax Share (FXS) – Frax is the first fractional-algorithmic stablecoin, which combines crypto collateral and algorithmic mechanisms to deliver a coin that remains pegged to the value of the dollar. It operates entirely on-chain, is governed by its community, and sources its…