USDT deposits and withdrawals now available on Optimism!

We’re thrilled to denote that Kraken present supports deposits and withdrawals of Tether (USDT) connected Optimism!

Funding

USDT backing via Optimism is already live. You tin transportation Tether (USDT) to your Kraken relationship by navigating to Funding, selecting USDT and choosing the desired deposit method (network) from the drop-down box: Optimism.

Got USDT connected Optimism?

Here’s what you request to cognize astir the asset

Tether (USDT) was created successful 2014 arsenic the archetypal stablecoin – a integer plus that aims to clasp a accordant value. Tether is designed to beryllium utilized arsenic a means of converting currency to integer currency, and claims that each Tethers successful circulation bespeak the magnitude of their reserves successful US dollars. By keeping reserves of currency and cash-equivalents successful bid to backmost the worth of the stablecoin, Tether aims to support a worth adjacent to 1 dollar astatine each times. Learn however to adhd USDT to your crypto portfolio with our Learn Center nonfiction How to Buy Tether (USDT).

Optimism (OP) is simply a Layer 2 scaling solution implemented connected the Ethereum network. It employs a exertion known arsenic optimistic rollups to aggregate aggregate transactions, thereby alleviating congestion and lowering transaction fees connected the Ethereum mainnet. OP is Optimism’s autochthonal governance token, which allows OP token holders to enactment successful decisions regarding the protocol’s aboriginal direction, upgrades and parameters.

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

Trade with caution

There is nary warrant that a bounds bid volition execute. There is besides nary warrant a marketplace bid volition execute astatine a definite price. The availability and liquidity of the peculiar integer plus volition interaction these types of orders.

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These materials are for wide accusation purposes lone and are not concern proposal oregon a proposal oregon solicitation to buy, sell, involvement oregon clasp immoderate cryptoasset oregon to prosecute successful immoderate circumstantial trading strategy. 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 USDT deposits and withdrawals present disposable connected Optimism! appeared archetypal connected Kraken Blog.