Buying and selling for PARA Begins September 7 – Deposit Now!

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We’re thrilled to announce that Parallel Finance (PARA) begins buying and selling on Kraken at present!

Funding and buying and selling

Add PARA to your Kraken account by navigating to Funding, deciding on Parallel Finance, after which Deposit. Buying and selling begins September 7.

Right here’s what that you must know:

Ticker PARA
Tradable towards EUR, USD
Value precision 1 decimal locations
Minimal Order Dimension 500
Minimal Deposit 50
Deposit confirmations required 25 confirmations (6 minutes)
Not obtainable in United States, Canada, Japan
Companies obtainable Kraken, Kraken Professional

Control our standing web page for updates.

Be aware:

  • Buying and selling by way of the Kraken app and prompt purchase can be obtainable as soon as liquidity circumstances are met (when a ample variety of patrons and sellers have entered the market and orders could be effectively matched)

What’s Parallel Finance (PARA)?

Parallel Finance is a DeFi ecosystem launched on the Polkadot and Kusama networks. The platform contains a suite of interoperable decentralized purposes (dApps) and by-product tokens that enable customers to borrow, lend, swap and earn yield on cross-chain belongings. PARA is the native token of the mission used to pay transaction charges on the platform, incentivize validators to assist safe the community, earn rewards by way of staking and vote on selections that have an effect on the long run route of the protocol.

Will Kraken make extra belongings obtainable?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s obtainable tokens could be discovered right here, and all future tokens can be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can not reply any questions on which belongings we could also be making obtainable sooner or later. 

Commerce with warning

There isn’t any assure {that a} restrict order will execute. There’s additionally no assure a market order will execute at a sure value. The provision and liquidity of the actual digital asset will affect a majority of these orders.

 


These supplies are for basic data functions solely and should not funding recommendation or a suggestion or solicitation to purchase, promote or maintain any digital asset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search unbiased recommendation in your taxation place.

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