We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin (USDC) on Optimism!
Funding
USDC funding by way of Optimism is already stay. You may switch USD Coin (USDC) to your Kraken account by navigating to Funding and choosing USDC. From there, use the drop-down field to pick the specified deposit methodology (community): Optimism.
Word: Kraken at present helps two variations of USDC: USDC.e and Optimism’s native USDC.
Obtained USDC on Optimism? ⤵️
Right here’s what that you must know in regards to the asset
USD Coin (USDC) is a USD-backed stablecoin that’s backed by the US greenback. It permits for sooner 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. Learn to add USDC to your crypto portfolio with our Be taught Heart article Learn how to Purchase USD Coin (USDC).
Optimism (OP) is a Layer 2 scaling resolution applied on the Ethereum community. It employs a expertise referred to as optimistic rollups to mixture a number of transactions, thereby assuaging congestion and reducing transaction charges on the Ethereum mainnet. OP is Optimism’s native governance token, which permits OP token holders to take part in choices relating to the protocol’s future course, upgrades and parameters.
Able to deposit however don’t have a Kraken account but? Join at present!
Commerce with warning
There isn’t any assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure worth. The supply and liquidity of the actual digital asset will impression most of these orders.
These supplies are for normal info functions solely and are usually not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the value of any explicit cryptoasset it makes out there. 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 it is best to search unbiased recommendation in your taxation place. Geographic restrictions could apply.
