We are excited to announce that Covalent (CXT) is now available on Kraken!
Funding and Trading
CXT trading will begin today, August 8, 2024 at 2:00 PM (UTC).
To add $CXT to your Kraken account, go to Funding, select the desired asset and press ‘Deposit’.
You must deposit tokens using a network supported by Kraken. Any deposits made using other networks will be lost.
CXT is tradable on Kraken and Kraken Pro with the following parameters:
| legacy | pair | Price Decimal Precision | Minimum order size | Minimum deposit amount |
|---|---|---|---|---|
| CXT | US Dollar, Euro | 5 | 40 | 40 |
Note: Trading and instant purchases via the Kraken app are available when liquidity requirements are met. (when enough buyers and sellers have entered the market to enable orders to be matched efficiently).
Here’s more information about CXT:
Covalent Network (CXT) is a decentralized protocol that aggregates data from major blockchains and makes it accessible to everyone in the future. An evolution of the Covalent software, it uses cryptographic proofs to verify that stored data is verifiably accurate. The CXT token rewards validators who act honestly and allows holders to vote on governance proposals.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Is Kraken planning to release more assets?
Yes! However, our policy is not to disclose any details until just before launch, including assets under consideration. All available tokens on Kraken can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our customer engagement specialists cannot answer questions about what assets will be offered in the future.
This material is provided for general information purposes only and is not intended to be investment advice or a recommendation or solicitation to buy, sell, hold any cryptocurrency or engage in any specific trading strategy. Kraken makes no representations or warranties of any kind, express or implied.
We do not guarantee the accuracy, completeness, timeliness, suitability or validity of such information and we are not responsible for any errors, omissions or delays in the presentation or use of this information or for any loss, injury or damage arising from such information. Kraken does not and will not seek to increase or decrease the price of any particular crypto asset it offers. Some crypto products and markets are unregulated and may not be protected by governmental compensation and/or regulatory protections. The unpredictable nature of the crypto asset markets can result in the loss of funds. Any gains and/or appreciation in the value of crypto assets may be subject to taxation and you should seek independent advice regarding your tax position. Geographic restrictions may apply.