AXS, CHZ, OGN and PERP trading starts July 13 & CQT Trading Live!
Kraken is supporting four new assets: Axie Infinity (AXS), Chiliz (CHZ), Origin Protocol (OGN) and Perpetual Protocol (PERP)
- Deposits for all four assets are available starting now
- Trading will begin on July 13 at approximately 15:30 UTC for all assets
Deposits for all assets are currently open so you can deposit now!
Note: Trading is not available to residents of the USA, Canada, Australia and Japan.
Effective July 6, trading is also now live for Covalent (CQT). Kraken now offers trading on more than 60 digital assets.
Here’s a rundown of the new assets available for deposit on Kraken today.
Axie Infinity Shards (AXS) – Axie Infinity is an Ethereum-based game where players can earn AXS tokens through gameplay across its universe. Acting as a cross between Pokemon and Cryptokitties, participants are incentivized to collect, raise and battle Axies in the Axie Infinity kingdom. Players can earn AXS by battling their Axies with other players or selling the ones they breed on Axie Infinity’s marketplace. AXS holders can also stake their tokens to participate in the game’s governance and vote on upgrades to its software.
Chiliz (CHZ) – Chiliz (CHZ) is the cryptocurrency used by sports fans to purchase “Fan Tokens” on the socios.com platform. These tokens allow participants to influence their favorite teams by voting on decisions while also earning engagement-based rewards. Chiliz also operates a cryptocurrency exchange platform where fan tokens can be purchased and traded.
Origin Protocol (OGN) – Built on Ethereum, the Origin Protocol is a platform that operates an online marketplace where anyone can share goods and services. The origin team is also expanding its marketplace to incorporate a launchpad for NFT creators to customize their content, such as digital art, music and video highlights, and grow their business. Holders of the Origin Tokens (OGN) can stake them and vote on the rules and direction of the network.
Perpetual Protocol (PERP) – Perpetual Protocol is a decentralized exchange designed to facilitate the buying and selling of perpetual contracts, such as leverage trading and short positions, in a way that mirrors a traditional exchange.
What time will funding and trading start?
- Funding: Already available – you can deposit AXS, CHZ, OGN and PERP now!
- Trading: Starts July 13 at approximately 15:30 UTC (Kraken will enable order entry and execution at this time).
- Updates will be posted on the status page near launch time
Trading pairs for AXS, CHZ, OGN and PERP
Each new asset will be available for trading in USD and EUR.
How to deposit AXS, CHZ, OGN and PERP
- Navigate to “Funding” > Select the asset. You can find the asset either by ticking “Show all assets” or by searching (e.g for “CHZ” or “PERP”).
- Click “Deposit” next to the asset and follow the on-screen instructions.
Confirmations required before deposits credit
- AXS: 20 (about 5 minutes)
- CHZ: 20 (about 5 minutes)
- OGN: 20 (about 5 minutes)
- PERP: 20 (about 5 minutes)
Trading minimums
- 2 AXS
- 20 CHZ
- 5 OGN
- 0.5 PERP
Fees and funding minimums
Which services will be available for AXS, CHZ, OGN and PERP?
Available
Not (yet) available
Will Kraken list more assets?
Yes! But our policy is not to 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.
