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Trading for Wormhole (W) starts April 3 – deposit now

Trading for Wormhole (W) starts April 3 - deposit now


We’re thrilled to announce that Wormhole (W) is now available on Kraken!

Funding and trading

Funding for W is live and trading will begin on April 3. Add W to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. 

Only deposit W on Solana. Deposits using other networks will be lost.

Got W and a Kraken account? ⤵️

W is tradeable on Kraken and Kraken Pro with the following parameters:

AssetPairPrice decimal precisionMinimum order sizeMinimum depositWUSD, EUR423

Note:  

Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
Not available in the United Kingdom and Canada 

Here’s some more information about the token:

Wormhole (W) is a platform that enables seamless connectivity across different blockchains, allowing for the creation of both standalone crypto bridges and integrated multi-chain decentralized applications (dApps). It features a governance token, W, which empowers holders to influence the platform’s development and direction through on-chain governance within a dedicated DAO.

Ready to trade but don’t have a Kraken account yet? Sign up today

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, 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 making available in the future. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.



Source: https://blog.kraken.com/product/asset-listings/trading-for-wormhole-w-starts-april-3-deposit-now

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