News

Trading for HydraDX (HDX) starts January 24 – deposit now!

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We’re thrilled to announce that Kraken now supports HydraDX (HDX)!

Funding and trading

Please note that HDX funding and trading are live. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. 

Already have HDX and a Kraken account? Click below to get started ⤵️

HDX tokens are tradeable on Kraken and the Kraken Terminal interface with the following parameters:

Ticker
HDX

Tradeable against
USD, EUR

Price precision
3 decimal places

Order minimum
10 HDX

Deposit minimum 
5 HDX

Not available in 
United States, Canada and Japan

Service available 
Kraken, Kraken Pro 

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).

Here’s what you need to know about the project:

HydraDX (HDX) 

HydraDX is a community-driven, cross-chain liquidity protocol. The protocol is designed to communicate with independent networks and enable liquidity for cryptocurrencies via a multi-asset trading pool. HDX is the native asset of the platform which is used to reduce trading fees, earn rewards for securing the network via staking and vote on decisions that affect the future of the project.

Ready to deposit 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.

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These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, or hold any digital asset or to engage in any specific trading strategy. 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 crypto assets and you should seek independent advice on your taxation position.

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Source:
https://blog.kraken.com/post/17217/trading-for-hydradx-hdx-starts-january-24-deposit-now/

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