We’re thrilled to announce that LimeWire Token (LMWR) is now available on Kraken!
Funding and trading
LMWR funding is live and trading starts on May 16th. Add LMWR to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.
Already have LMWR and a Kraken account? Click below to get started ⤵️
LMWR is tradeable via spot markets on Kraken and Kraken Pro with the following parameters:
Note:
Not available in Canada and in the United States
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 tokens:
LimeWire is a blockchain-based membership platform that allows content creators to form exclusive communities and profit from any secondary market sales of their work. Members buy subscriptions to join these communities and receive NFTs of videos, audio files, and articles from their favorite content creators. LMWR is the platform’s native utility token which allows fans to earn exclusive rewards and vote on proposed changes to the platform.
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.
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Source: https://blog.kraken.com/post/18641/trading-for-limewire-token-lmwr-starts-may-16-deposit-now/
