Buying and selling for Stacks (STX) begins October 21 – deposit now!

We’re thrilled to announce that Kraken now helps Stacks (STX)!

Funding and Buying and selling

Funding is stay, and buying and selling will start on October 21 at roughly 14:30 UTC.

You’ll be able to add these tokens to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit.

Solely present a sound Stacks (STX) tackle on the Stacks community, in any other case chances are you’ll lose funds. The memo displayed MUST be included within the deposit you ship to the offered tackle. Failure to take action will result in vital delay in funds being credited to your account, and you’ll need to contact our assist workforce. Learn more.

Word: Buying and selling by way of Kraken App and On the spot Purchase might be accessible as soon as the liquidity circumstances are met (when a adequate variety of consumers and sellers have entered the marketplace for their orders to be effectively matched).

Right here’s what it is advisable to know in regards to the asset:

Stacks (STX) is a blockchain protocol designed to increase the scalability and performance of the Bitcoin community. The protocol permits builders to create and deploy decentralized purposes (dApps), NFTs and sensible contracts that leverage Bitcoin’s sturdy safety and decentralization. STX is the native token of the protocol used to execute sensible contracts, deploy dApps, pay transaction charges and reward miners and node operators for securing the community. 

Will Kraken make extra property accessible?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which property 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 property we could also be making accessible sooner or later. 

Commerce with warning

There is no such thing as a assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure worth. The provision and liquidity of the actual digital asset will impression some of these orders.

These supplies are for common data functions solely and are usually not funding recommendation or a advice or solicitation to purchase, promote or maintain any cryptoasset or to interact in any particular buying and selling technique. 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 improve within the worth of your cryptoassets and you need to search impartial recommendation in your taxation place.