| Asset Listings, Product

Centrifuge (CFG) Trading Starts April 29 – Deposit Now

We’re excited to announce that Kraken now supports CFG!

Funding and Trading

You can add CFG to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin April 29 at approximately 18H30 UTC.

Here’s what you need to know:

Ticker CFG
Tradeable against EUR, USD
Price precision 4 decimal places
Minimum deposit 0.18 CFG
Deposit confirmations required 25 (~5 minutes)
Not available in United States, Canada, Japan
Services available Kraken, the Kraken Pro interface

What is CFG?

Centrifuge is a decentralized finance (DeFi) lending protocol that aims to make credit more accessible to small businesses, while also providing a stable yield for investors by opening pooled liquidity to the world of traditional finance. CFG, Centrifuge’s utility token, is essential to keeping the system secure and is used to pay transaction fees and for holders to help govern its software by voting on potential upgrades to it.

Want to learn more about how Centrifuge helps small businesses and traditional investors get started with Decentralized Finance (DeFi)? Check out Kraken Learn Center’s article What is Centrifuge? 

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.