WILL:BAND, INJ, MIR and 1INCH trading starts August 10 – Deposit Now_Kraken

Krakenissupportingfournewassets:BandProtocol(BAND),InjectiveProtocol(INJ),MirrorProtocol(MIR)and1inchNetwork(1INCH)

Depositsforallfourassetsareavailablestartingnow?TradingwillbeginonAugust10atapproximately15:30UTCforallassets?Note:TradingisnotavailabletoresidentsoftheUSA,Canada,AustraliaandJapan.

Here’sarundownofthenewassetsavailablefordepositonKrakentoday.

BandProtocol(BAND)–BandProtocolisacross-chaindataoracleplatformthatprovidesreal-worlddatatodecentralizedapplications(dapps)runningonblockchains.Tofacilitatetheexchangeofinformation,smartcontractscanconnecttoBand’sAPIwhichaggregatesreal-worldinformationtoberelayedtotheblockchain.Band’scryptocurrency,BAND,canbestakedbythosewhowishtobecomevalidatorsandchecktransactionsontheBandProtocol.BANDtokenholderscanalsousetheirtokenstoparticipateinBand’sgovernancemechanism.

InjectiveProtocol(INJ)–TheInjectiveProtocolisadecentralizedexchange(DEX)thatoffersvariousfeaturessuchascross-chainmargintrading,derivativesandforexfuturestrading.BuiltontheCosmosblockchainasalayer-2application,Injectiveusesbridgestooffercross-chaincapabilitiesfortraderstotradeacrossotherplatformssuchasEthereumandPolkadot.TheexchangeisoperatedbytheINJtoken,Injective’scryptocurrency,whichisusedbymakersandtakerstopayfortransactionfeesonitsnetwork.

MirrorProtocol(MIR)–TheMirrorProtocolisadecentralizedfinance(DeFi)protocolpoweredbysmartcontractsthatenablesthecreationofsyntheticassetscalledMirroredAssets(mAssets).mAssetsmimicthepricebehaviorofreal-worldassets(likegold)andgivetradersopenaccesstotheirpriceexposurewithouthavingtoownortransactwiththeactualassets.TheMirrortoken(MIR)ismintedbytheprotocolanddistributedasarewardtonodeswhohelpsecuretheecosystem.

1inchnetwork(1INCH)–1inchisadecentralizedexchange(DEX)platformbuiltonEthereumthataimstofindthebestexchangeratesforitsparticipantsacrossallleadingDEXs.Thismeansthat1inchaggregatestokenpricesacrossallDEXs,suchasUniswaporSushi,andfindsthebestswappingroutesavailablefortraderstoexchangetheirtokenswhilemitigatingoveralltransactioncosts.Itsgovernancetoken,1INCH,allowsthosewhostakeittovoteonnetworkupgradesthatdictatehowthesoftwareisrun.?

Whattimewillfundingandtradingstart?

Funding:Alreadyavailable–youcandepositBAND,INJ,MIRand1INCHnow!Trading:StartsAugust10atapproximately15:30UTC(Krakenwillenableorderentryandexecutionatthistime)UpdateswillbepostedonthestatuspagenearlaunchtimeTradingpairsfor?

EachnewassetwillbeavailablefortradinginUSDandEUR

HowtodepositBAND,INJ,MIRand1INCH

Navigateto“Funding”>Selecttheasset.Youcanfindtheasseteitherbyticking“Showallassets”orbysearching(e.gfor“1INCH”or“INJ”)Click“Deposit”nexttotheassetandfollowtheon-screeninstructionsConfirmationsrequiredbeforedepositscredit

BAND:20(about5minutes)INJ:20(about5minutes)MIR:20(about5minutes)1INCH:20(about5minutes)Tradingminimums

1BAND0.5INJ1MIR21INCHFeesandfundingminimums?

DepositfeesandminimumsWithdrawalfeesandminimumsWhichserviceswillbeavailableforBAND,INJ,MIRand1INCH?

Available

KrakenKrakenProNot(yet)available

KrakenFuturesMarginTradingWillKrakenlistmoreassets?

Yes!Butourpolicyisnottorevealanydetailsuntilshortlybeforelaunch–notevenwhichassetsweareconsidering.AllofKraken’slistedtokensareavailableonourwebsite,andallfuturetokenswillbeannouncedonKraken’sblogandsocialmediaprofiles.Ourclientengagementspecialistscannotansweranyquestionsaboutwhichassetswemaybelistinginthefuture.?

Tradewithcaution

Limitordersarerecommendedwhentradingstartssincethemarketsmaybeilliquidinitially.Beextremelycarefulwithmarketordersandordersthattriggermarketorders(e.g.stoploss).

Investwithcaution

Listinganassetortokenfortradeisnotarecommendationtobuy,sell,orparticipateintheassociatednetwork.Doyourownresearchandinvestatyourownrisk.

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