POL on the Polygon Network is now available for funding!

2 months ago 36

We’re thrilled to denote that we’ve extended the web sum of POL to see the Polygon Network! 

This is an important measurement arsenic we enactment towards supporting the Polygon team’s nonsubjective of migrating each MATIC to the POL token. To find retired much astir this migration, cheque retired our Support Center

In the coming months, Kraken volition automatically migrate clients from MATIC to POL connected a 1:1 basis. We volition supply details regarding this migration, including a circumstantial timeline, erstwhile available.

Clients besides person the quality to commercialized their MATIC for POL themselves present via the caller MATIC/POL trading pair, alternatively than hold to beryllium automatically migrated. They tin bash truthful utilizing Kraken Pro, oregon via the person diagnostic utilizing the Kraken app.

Funding

Funding for POL connected the Polygon Network* is unrecorded arsenic of today, September 4, 2024.

*POL is already disposable connected Kraken via the Ethereum Network.

To adhd an plus to your Kraken account, navigate to Funding, prime the plus you’re after, and deed ‘Deposit.’ 

Make definite to deposit your tokens utilizing networks supported by Kraken. Deposits made utilizing different networks volition beryllium lost.

The caller tokens are tradeable connected Kraken and Kraken Pro with the pursuing parameters:

AssetPairPrice decimal precisionMinimum bid sizeMinimum deposit
POLUSD, EUR566.5
MATICPOL566.5

Note:  

  • POL is present disposable to clients successful the US
  • Trading via Kraken App and Instant Buy volition beryllium disposable erstwhile the liquidity conditions are met (when a capable fig of buyers and sellers person entered the marketplace for their orders to beryllium efficiently matched).

Here’s immoderate much accusation astir POL:

POL is simply a multi-chain scaling solution for the Ethereum blockchain. Polygon is simply a Layer 2 scaling solution that aims to amended the speed, portion besides reducing the outgo and complexities, of transactions connected its network. Polygon uses sidechains to assistance with off-chain computation portion maintaining information and uses a decentralized web of proof-of-stake (PoS) validators. POL is the inferior token of the Polygon web and is utilized for securing the concatenation done staking, participating successful web governance and arsenic a portion of outgo for transaction fees connected the network.

Ready to commercialized but don’t person a Kraken relationship yet? Sign up today!

Will Kraken marque much assets available?

Yes! But our argumentation is to ne'er uncover immoderate details until soon earlier motorboat – including which assets we are considering. All of Kraken’s disposable tokens tin beryllium recovered here, and each aboriginal tokens volition beryllium announced connected Kraken’s blog and societal media profiles. Our lawsuit engagement specialists cannot reply immoderate questions astir which assets we whitethorn beryllium making disposable successful the future. 


These materials are for wide accusation purposes lone and are not concern proposal oregon a proposal oregon solicitation to buy, sell, stake, oregon clasp immoderate cryptoasset oregon to prosecute successful immoderate circumstantial trading strategy. Kraken makes nary practice oregon warranty of immoderate kind, explicit oregon implied, arsenic to the accuracy, completeness, timeliness, suitability oregon validity of immoderate specified accusation and volition not beryllium liable for immoderate errors, omissions, oregon delays successful this accusation oregon immoderate losses, injuries, oregon damages arising from its show oregon use. Kraken does not and volition not enactment to summation oregon alteration the terms of immoderate peculiar cryptoasset it makes available. Some crypto products and markets are unregulated, and you whitethorn not beryllium protected by authorities compensation and/or regulatory extortion schemes. The unpredictable quality of the cryptoasset markets tin pb to nonaccomplishment of funds. Tax whitethorn beryllium payable connected immoderate instrumentality and/or connected immoderate summation successful the worth of your cryptoassets and you should question autarkic proposal connected your taxation position. Geographic restrictions whitethorn apply.

The station POL connected the Polygon Network is present disposable for funding! appeared archetypal connected Kraken Blog.

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