Kraken is supporting three new assets: Bancor (BNT), Sushi (SUSHI) and Ankr (ANKR).
- Deposits for all three assets are available starting now
- Trading will begin on May 24 at approximately 15:30 UTC for all assets
Deposits for all assets are currently open so you can deposit now!
Note: Trading is not available to residents of the USA, Canada, Australia and Japan.
Here’s a rundown of the new assets available for deposit on Kraken today.
Bancor (BNT) – BNT is the native cryptocurrency of Bancor. Bancor is a decentralized exchange that incentivizes users to lock up cryptocurrency in liquidity pools, in exchange for a share of the fees paid when they are bought and sold by traders. Bancor is aiming to facilitate the operations of an automated market maker (AMM), a mechanism designed to provide liquidity to cryptocurrency markets without requiring a financial institution to manage it directly.
SushiSwap (SUSHI) – Built on Ethereum, SushiSwap is a decentralized exchange platform where users can buy and sell various crypto assets. To provide liquidity, users first lock up assets into liquidity pools, and traders then buy and sell cryptocurrencies from those pools, swapping out one token for another. Anyone who holds its native cryptocurrency, SUSHI, can propose changes to the software and vote on submitted proposals by other users. An all
Ankr (ANKR) – Ankr provides infrastructure to access various features on Ethereum such as staking, API-services and layer-2 scaling solutions. Holders can use Ankr’s cryptocurrency, ANKR, to pay for services, incentivize network participants, and participate in the governance process of the network.
What time will funding and trading start?
- Funding: Already available – you can deposit BNT, SUSHI and ANKR now!
- Trading: Starts May 24 at approximately 15:30 UTC (Kraken will enable order entry…