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Home»BITCOIN NEWS»Polygon ecosystem token (POL) trading begins.
BITCOIN NEWS

Polygon ecosystem token (POL) trading begins.

By Crypto FlexsDecember 24, 20233 Mins Read
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Polygon ecosystem token (POL) trading begins.
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We are very excited to announce that. Polygon Ecosystem Token (POL) Now available on Kraken!

Funding and Transactions

POL funding and transactions occur in real time. Add POL to your Kraken account by going to: fundingSelect an asset and tap deposit.

Deposit POL only at Polygon. Deposits made using other networks will be lost.

Do you have POL and Kraken accounts? ⤵️

POL is tradable on Kraken and Kraken Pro using the following parameters:

LegacypairPrice decimal precisionMinimum order sizeMinimum deposit amount
poleUS Dollar, Euro546.5

memo:

  • Once liquidity conditions are met, trading will become available through the Kraken app and Instant Buy. (when a sufficient number of buyers and sellers enter the market for orders to be matched efficiently)
  • Not available in Canada and the UK.

Here’s what you need to know about tokens:

Polygon Ecosystem Token (POL) A multi-chain scaling solution for the Ethereum blockchain. Polygon is a layer 2 scaling solution for Ethereum that aims to improve the speed and reduce costs of transaction execution on Ethereum. Polygon uses sidechains to help with off-chain computations while maintaining security and uses a decentralized network of proof-of-stake (PoS) validators. POL is an upgrade and rename of the MATIC token. The transition to POL tokens is expected to improve token economics and governance rights, allowing stakeholders to participate more in Polygon’s decision-making process through community initiatives.

Ready to trade but don’t have a Kraken account yet? Join now!

Will Kraken have more assets available?

yes! However, our policy is not to disclose any details, including the assets we are considering, until shortly before launch. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our Customer Engagement Specialists are unable to answer questions about what assets we may offer in the future.

Trade with caution

There is no guarantee that limit orders will be executed. There is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.


These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be payable on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice on your tax position. Geographic restrictions may apply.

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