Following Kraken’s listings of Enjin (ENJ) on May 14 and Polygon (MATIC) on May 17 for most countries, Kraken is excited to announce the availability of Polygon and Enjin trading for residents of the USA, Canada and Australia.
Trading for both assets are open so you can start buying now!
Note: ENJ and MATIC trading is not available for residents of Japan at this time
Effective as of July 13, trading is also live for AXS, CHZ, OGN and PERP for most countries.
Note: Trading is not available to residents of the USA, Canada, Australia and Japan at this time.
Here’s a rundown of the new assets available for trading on Kraken today.
Enjin (ENJ) – Enjin is an Ethereum-based decentralized application (dapp) designed for developers to create and manage virtual in-game goods and collectables. ENJ, Enjin’s native cryptocurrency, is central in managing the digital assets on its platform as each in-game item created on Enjin is assigned a value in ENJ.
Polygon (MATIC) – Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the speed, and reduce the cost and complexities of transactions on its network. MATIC is the utility token of the Polygon network and is used for securing the chain through staking, participating in network governance and as a unit of payment for transaction fees on the network.
When can I deposit, trade, and stake these assets?
- Funding and Trading: Starts now.
- Updates will be posted on the status page.
Each new asset will be available for trading in USD, EUR, BTC and GBP.
How to Deposit
- Navigate to “Funding” > Select the asset. You can find the asset either by ticking “Show all assets” or by searching (e.g for “ENJ” or “MATIC”).
- Click “Deposit” next to the asset and follow the on-screen instructions.
Confirmations required before deposits credit
- ENJ: 20 (about 5 minutes)
- MATIC: 20 (about 5 minutes)
- 2 ENJ
- 20 MATIC
Fees and Funding Minimums
Which services will be available for ENJ and MATIC?
Not (yet) available
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
Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).
Invest with caution
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.