Following Kraken’s listing and staking of MINA for most countries, Kraken is excited to announce the availability of Mina trading and staking with up to 20% in yearly rewards for residents of the USA, Canada and Australia.
Funding and Trading
You can add MINA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading is now live.
Here’s what you need to know:
|Tradeable against||EUR, USD, GBP, BTC|
|Price precision||2 decimal places for EUR USD GBP
7 decimal places for BTC
|Deposit confirmations required||15 (~60 minutes)|
|Not available in||Japan|
|Services available||Kraken, the Kraken Pro interface|
Keep an eye on the status page for updates.
You can stake MINA on your Kraken account by navigating to Earn, clicking on ‘STAKING’ and then selecting the asset you would like to stake. Input the amount of the asset you want to stake, then follow the on-screen instructions.
What is MINA?
Mina is a blockchain built to maintain a constant size, regardless of the number of network participants or amount of transaction history. Mina achieves this using a new technology called zero knowledge proofs (zk-SNARKs). zk-SNARKs are micro-crypto certificates stored by nodes and used to verify transactions in a private and efficient manner, without requiring nodes to store the entire chain.
Mina is a Proof-of-Stake protocol for programmable payments, apps, and permissionless privacy which is secured cryptographically. The protocol’s MINA cryptocurrency can be used by holders to help govern development and to pay for transactions within the Mina ecosystem.
Will Kraken list more assets?
Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future.
Trade with caution
There is no guarantee that a limit order will execute. There is also no guarantee of executing at a certain price for a market order. The availability and liquidity of the particular digital asset will impact these types of orders.
Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.