We are very excited to announce this. Bittensor(TAO), OriginTrail(TRAC) and Osmosis (OSMO) Now available on Kraken!
Funding and Transactions
TAO, TRAC, OSMO funding is now open and trading will begin on June 25th.
Next, go to add tokens to your Kraken account. FundingSelect an asset and tap deposit.
Make sure you deposit your tokens on a network supported by Kraken. Deposits made using other networks will be lost.
The new token will be tradable on Kraken and Kraken Pro with the following parameters:
Legacy | pair | Price decimal precision | Minimum Order Size | Minimum deposit amount |
---|---|---|---|---|
track | US Dollar, Euro | three | 8 | 10 |
Tao | US Dollar, Euro | 8 | 0.01 | 0.01 |
Osmo | US Dollar, Euro | three | 2 | 2 |
memo: Trading and instant purchases through the Kraken app are available once liquidity conditions are met. (when a sufficient number of buyers and sellers enter the market for orders to be matched efficiently)
Additional information about the token is as follows:
BitTensor(TAO) A decentralized network that connects global machine learning models using a Substrate-based blockchain architecture (e.g. Polkadot) and a Proof-of-Stake consensus mechanism for energy efficiency. The TAO token incentivizes and rewards miners for contributing computing resources, and is used for transaction fees, governance, and access to machine learning services, while also serving as staking to enhance network security.
Origin Trail (TRAC) It is an AI token that describes itself as a ‘trusted knowledge base’ for the AI era, providing a set of technologies for personal and business use cases. The Decentralized Knowledge Graph (DKG) allows you to easily search, query, and integrate data from diverse sources, while enabling secure communication across systems and dApps. TRAC tokens power DKG to facilitate various activities and cryptocurrency staking.
Osmosis (OSMO) A DeFi gateway at the intersection of various Cosmos blockchain networks. By acting as a cross-chain DEX, users can deploy custom liquidity pools and decentralized applications (dApps) to provide an interoperable ecosystem. The OSMO token is used for protocol governance, allowing users to vote on the future of the protocol while earning a portion of the transaction fees.
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Will Kraken have more assets available?
Yes! However, our policy is not to disclose any details, including the assets we are considering, until just before launch. 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 are unable to answer questions about what assets we may offer 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, or otherwise engage in any particular trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of this information and assumes no liability 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. Taxes may apply on gains and/or appreciation in the value of crypto assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.