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Deposits and Staking for SCRT Available Now – Earn Up to 20% in Yearly Rewards

Kraken is excited to announce the listing of SCRT and staking with up to 20% in yearly rewards!

Funding and Trading

Funding is live, and trading will begin on April 1 at approximately 14:30 UTC. Keep an eye on the status page for updates. 

You can add SCRT to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit

Here’s what you need to know:

Ticker SCRT
Tradeable against EUR, USD
Price precision 3 decimal places
Deposit confirmations required Near instant
Not available in Japan
Services available Kraken, the Kraken Pro interface

Keep an eye on the status page for updates.

Staking

You can stake SCRT on your Kraken account by navigating to Earn, clicking on ‘STAKING’ and then selecting the asset you would like to stake. Input the amount of the asset you want to stake, then follow the on-screen instructions.

What is SCRT?

Secret Network is a Delegated Proof of Stake (DPoS) privacy-first blockchain built on the Cosmos ecosystem. Secret Network enables the encryption of smart contracts called ‘Secret Contracts’ in a permissionless way through the use of computers’ trusted execution environments (TEEs) to offer greater privacy to users. The native token SCRT can be staked to earn rewards and used to vote on governance proposals.

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. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee of executing at a certain price for a market order. The availability and liquidity of the particular digital asset will impact these types of orders.

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.


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