We’re thrilled to announce that Kraken now supports Gari Network (GARI), STEPN (GMT), Green Satoshi Token (GST), Marinade SOL (mSOL) and Samoyedcoin (SAMO)!
Funding and Trading
Funding is live, and trading will begin on April 29 at approximately 18:30 UTC. Keep an eye on the status page for updates.
You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits are near-instant.
All tokens are tradeable against USD and EUR on Kraken and the Kraken Pro interface with the following price precisions and minimum deposits:
Note:
Samoyedcoin (SAMO) trading is not available to residents of the United States, Canada and Japan.
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).
Here’s what you need to know about the assets:
Gari Network (GARI) – Gari Network aims to build a crypto-powered creator economy on the short-form video app Chingari. The GARI token incentivizes users to upload and engage with the platform’s video content while also offering access to exclusive content. GARI token holders can also use their GARI to take part in the governance of platform operations.
STEPN (GMT) – GMT is the governance token for STEPN, a Web3-enabled “move-to-earn” fitness lifestyle app built on the Solana blockchain. By walking, jogging, or running outdoors, STEPN users can earn the app’s other cryptocurrency, Green Satoshi Token (GST), which is used to buy, rent, or level up their in-game sneakers from the game’s marketplace. GMT can be burned to increase players’ daily earning cap or increase their chances of earning higher quality in-game items.
Green Satoshi Token (GST) – Green Satoshi Token is the in-game currency of STEPN, a Web3 enabled “move-to-earn” fitness lifestyle app built on the Solana blockchain. Players first use GST to buy or rent sneakers, which are represented as NFTs, from the in-game marketplace. By walking, jogging or running outdoors, STEPN users earn GST, which can be used to level up or purchase new in-game sneakers.
Marinade SOL (mSOL) – Marinade.finance is a non-custodial liquid staking protocol built on the Solana blockchain. After staking their SOL tokens on the Marinade protocol, users receive mSOL in return. mSOL can then be used across various DeFi services to execute trading or yield generating strategies and can be swapped back to SOL at any time
Samoyedcoin (SAMO) – Samoyedcoin is an experimental Web 3.0 community coin built on Solana. Inspired by Dogecoin and Anatoly Yakovenko’s dog, both Sam Bankman-Fried (FTX and Alameda Research CEO) and Anatoly Yakovenko (Solana Co-founder) created Samoyedcoin with the aim to onboard, educate and develop a community for a new generation of crypto market participants.
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.
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Source: https://blog.kraken.com/post/13798/trading-for-gari-gmt-gst-msol-and-samo-starts-april-29-deposit-now/
