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We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin (USDC) on Optimism!
Funding
USDC funding through Optimism is already stay. You may switch USD Coin (USDC) to your Kraken account by navigating to Funding and deciding on USDC. From there, use the drop-down field to pick out the specified deposit technique (community): Optimism.
Be aware: Kraken presently helps two variations of USDC: USDC.e and Optimism’s native USDC.
Acquired USDC on Optimism? ⤵️
Right here’s what it’s good to know concerning the asset
USD Coin (USDC) is a USD-backed stablecoin that’s backed by the US greenback. It permits for quicker and less expensive transactions in comparison with conventional banking choices. Every USD Coin is valued at one US greenback, successfully offering a price-stable cryptocurrency. Discover ways to add USDC to your crypto portfolio with our Be taught Middle article Find out how to Purchase USD Coin (USDC).
Optimism (OP) is a Layer 2 scaling answer carried out on the Ethereum community. It employs a expertise often known as optimistic rollups to combination a number of transactions, thereby assuaging congestion and decreasing transaction charges on the Ethereum mainnet. OP is Optimism’s native governance token, which permits OP token holders to take part in choices concerning the protocol’s future route, upgrades and parameters.
Able to deposit however don’t have a Kraken account but? Enroll right now!
Commerce with warning
There is no such thing as a assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure worth. The supply and liquidity of the actual digital asset will impression all these orders.
These supplies are for basic info functions solely and usually are not 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 obtainable. Some crypto merchandise and markets are unregulated, and also you will 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 enhance within the worth of your cryptoassets and it is best to search unbiased recommendation in your taxation place. Geographic restrictions could apply.
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