NewsProducts| Kraken News

pSTAKE (PSTAKE) Trading Starts February 24 – Deposit Now

We’re excited to announce that Kraken now supports pSTAKE!

Funding and Trading

You can add PSTAKE to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin February 24.

Here’s what you need to know:

Ticker PSTAKE
Tradeable against EUR, USD
Price precision 4 decimal places
Deposit confirmations required 20 (5 minutes)
Not available in United States, Canada, Australia, Japan
Services available Kraken, the Kraken Pro interface

Keep an eye on the status page for updates.

What is pSTAKE?

Developed by Persistence, pSTAKE is a liquid staking protocol which unlocks the liquidity of staked assets. It enables holders of Proof of Stake tokens to stake their assets while receiving pASSETS that they can use to earn yield in other DeFi applications.

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 and invest with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

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.


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button