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Tuesday, February 27, 2024

Buying and selling for Polygon Ecosystem Token (POL) begins now in Canada

We’re thrilled to announce that Polygon Ecosystem Token (POL) is now accessible on Kraken for residents of Canada!

Funding and buying and selling

POL funding and buying and selling are stay. Add POL to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit. 

Solely deposit POL on Polygon. Deposits utilizing different networks might be misplaced.

Obtained POL and a Kraken account? ⤵️

POL is tradeable on Kraken and Kraken Professional with the next parameters:

Asset Pair Value decimal precision Minimal order measurement Minimal deposit
POL USD, EUR 5 4 6.5


  • Buying and selling by way of Kraken App and Immediate Purchase might be accessible as soon as the liquidity situations are met (when a adequate variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
  • Not accessible in the UK

Right here’s some extra details about the token:

Polygon Ecosystem Token (POL) is a multi-chain scaling resolution for the Ethereum blockchain. Polygon is a Layer 2 scaling resolution for Ethereum that goals to enhance the velocity and cut back the fee and complexities of transactions on its community. Polygon makes use of sidechains to assist with off-chain computation whereas sustaining safety and makes use of a decentralized community of proof-of-stake (PoS) validators. POL is an improve and renaming of the MATIC token. Switching to POL tokens enhances tokenomics and governance rights, permitting stakeholders larger involvement in decision-making and shaping the platform via group initiatives.

Able to commerce however don’t have a Kraken account but? Enroll right now

Will Kraken make extra belongings accessible?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s accessible tokens could be discovered right here, and all future tokens might be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can not reply any questions on which belongings we could also be making accessible sooner or later. 

These supplies are for basic data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any explicit cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you must search unbiased recommendation in your taxation place. Geographic restrictions could apply.

Payward Canada Inc., working as Kraken, has filed an software for registration in sure Canadian jurisdictions however has not but obtained registration. Till such time as Payward Canada Inc., working as Kraken, obtains registration, Payward Canada Inc. has agreed to abide by the phrases of an enterprise accessible on the following web page: https://www.securities-administrators.ca/wp-content/uploads/2023/04/20230324-Kraken-PRU-publication-version.pdf.

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