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LayerZero (ZRO) is Now Available on Kraken!

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2024-06-22 07:50:18353browse

We’re thrilled to announce that LayerZero (ZRO) is now available on Kraken! ZRO funding and trading are live.

LayerZero (ZRO) is Now Available on Kraken!

Kraken now offers LayerZero (ZRO) funding and trading.

Here's how to fund your Kraken account with ZRO:

Navigate to Funding, select ZRO and click Deposit.

Enter the amount of ZRO you wish to fund and any other necessary details.

Hit Submit Save to complete your funding request.

Please ensure you're depositing your tokens via the Ethereum network. Any deposits made using other blockchain networks will be lost.

Once your ZRO tokens are funded into your Kraken account, you can begin trading. Here are the parameters for trading ZRO on Kraken and Kraken Pro:

Minimum order size: 10 ZRO

Minimum increment: 0.10000000 ZRO

Price precision: 8 decimals

Trading dust: 0.0001 ZRO

Note: ZRO trading via the Kraken app and Instant Buy will be enabled once the necessary liquidity conditions are met (i.e., when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

A LayerZero overview

LayerZero (ZRO) is an interoperability protocol that acts as a blockchain bridge, connecting more than 50 blockchains. It also enables blockchain developers to build omnichain decentralized applications (dApps).

By utilizing smart contracts on supported chains, Decentralized Verifier Networks (DVNs) and Executors, it facilitates seamless messaging between chains. The ZRO token serves as both a governance and staking token, allowing participation in the protocol's decision-making process and rewards mechanism.

Don't have a Kraken account yet? Sign up today to start trading ZRO and other cryptoassets.

Will Kraken be adding more assets in the future?

Yes. However, we never reveal any details until shortly before launch – including which assets we are considering.

All of Kraken’s currently available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles.

Our client engagement specialists are unable to answer any questions regarding which assets we may be making available in the future.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not make any representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. 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 cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.

News source:https://www.kdj.com/cryptocurrencies-news/articles/layerzero-zro-kraken.html

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