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Terra (LUNA) Trading Starts December 16 – Deposit Now

Terra (LUNA) Trading Starts December 16 - Deposit Now


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We’re thrilled to announce that Kraken now supports mainnet Terra (LUNA)! 

Funding and Trading

Funding is live, and trading will begin Thursday, December 16 — at which point Kraken will enable order entry and execution. Keep an eye on the status page for updates.

You can add LUNA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require no confirmations.

LUNA will be tradeable against USD and EUR, with a price precision of 6 decimal places.

What is Terra?

Terra is a protocol for algorithmic stablecoins that aims to rebuild legacy financial rails in a decentralized environment. It ​​blends the price stability of fiat currencies with the censorship-resistance of cryptocurrencies to offer fast and affordable settlements.

Which services will be available for LUNA?

Kraken and Kraken Terminal will be available for LUNA. Kraken Futures and Margin Trading won’t be available at launch.

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 and invest 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).

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.

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Source:
https://blog.kraken.com/post/12218/terra-luna-trading-starts-december-16-deposit-now/

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