Trading for ARPA Starts July 28 - Deposit Now!

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We’re thrilled to announce that Kraken now supports Arpa Chain (ARPA)!

Important update: The Juno (JUNO) Network has come to a halt resulting in blocks and transactions not processing and therefore we have decided to postpone its listing for the time being. Funds are safe. Deposits and withdrawals on Kraken will be processed once the network is active and the network is deemed safe to transact on.

Funding and Trading

Funding is live, and trading will begin on July 28 at approximately 14:30 UTC. Keep an eye on the status page for updates.

You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes).

All tokens are tradeable against USD and EUR on Kraken and the Kraken Pro interface with the following price precisions and minimum deposits:

Asset Pair Price Decimal Precision Minimum Order Size Min Deposit
ARPA USD, EUR 5 100 0.06

Note:

  • Deposit ARPA on the Ethereum network only. Deposits sent from other networks will be lost.
  • Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

Here’s what you need to know about the assets:

Arpa Chain (ARPA)

Arpa is a multi-party computation network focused on protecting data privacy while expanding the scalability of blockchain based computing. Arpa aims to allow multiple parties to jointly compute functions while also keeping this data private and secure. ARPA tokens are used to pay for computation and data usage on the network, as well as to vote on proposals that will shape the future direction of the project.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future. 

 


These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets and you should seek independent advice on your taxation position.

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Image and article originally from blog.kraken.com.
Read the original article here.