MKR, REN and ZRX trading starts May 14 – Deposit Now

Over the past 12 months, we’ve had a DeFi Summer and an NFT Spring. The space is very much in the next phase of crypto innovation and we at Kraken are supporting this next phase with liquid markets.

To that end, Kraken is supporting three new assets: Maker (MKR), Ren (REN) and 0x (ZRX). Trading will start on May 14 at approximately 15:30 UTC for all assets. 

Kraken will also be supporting deposits and withdrawals for USDT (TRC-20) starting today. 

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.

Maker (MKR) – The Maker protocol, which runs on Ethereum, operates and maintains DAI, a cryptocurrency-collateralized stablecoin designed to track the price of the U.S. dollar. Its governance token, MKR, is how holders determine changes to the protocol. 

Ren (REN) – Ren enables access to decentralized finance (DeFi) products on Ethereum by allowing holders to transfer crypto assets across different blockchains rather than sell. Anyone can lock their assets (like Bitcoin) in a smart contract, and in return, receive the equivalent amount in ERC-20 tokens. The native REN asset pays for operations on the network. 

0x (ZRX) – 0x is a peer-to-peer marketplace that facilitates the exchange of Ethereum-based assets including tokens representing physical real estate, shares of stocks and bonds, or other cryptocurrencies. ZRX is designed to distribute the management and operation of the 0x platform.

USDT (TRC-20) – USDT (TRC-20) is a U.S. dollar-pegged stablecoin on the Tron network. One USDT represents 1 U.S. dollar held in reserve by the Tether project. USDT was originally launched and issued on Bitcoin via the Omni Layer protocol (USDT-OMNI), but it has since been issued on several other blockchains, including Tron. 

What time will funding and trading start?

  • Funding: Already available – deposit MKR, REN, ZRX and USDT now
  • Trading: Starts May 14 at…

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