Buying and selling for Polygon Ecosystem Token (POL) begins now in Canada

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We’re thrilled to announce that Polygon Ecosystem Token (POL) is now accessible on Kraken for residents of Canada!

Funding and buying and selling

POL funding and buying and selling are dwell. Add POL to your Kraken account by navigating to Funding, deciding on the asset, and hitting Deposit. 

Solely deposit POL on Polygon. Deposits utilizing different networks will likely be misplaced.

Received POL and a Kraken account? ⤵️

POL is tradeable on Kraken and Kraken Professional with the next parameters:

Asset Pair Value decimal precision Minimal order measurement Minimal deposit
POL USD, EUR 5 4 6.5

Be aware:  

  • Buying and selling through Kraken App and Prompt Purchase will likely be accessible as soon as the liquidity circumstances are met (when a ample variety of patrons and sellers have entered the marketplace for their orders to be effectively matched).
  • Not accessible in the UK

Right here’s some extra details about the token:

Polygon Ecosystem Token (POL) is a multi-chain scaling answer for the Ethereum blockchain. Polygon is a Layer 2 scaling answer for Ethereum that goals to enhance the pace and scale back the price and complexities of transactions on its community. Polygon makes use of sidechains to assist with off-chain computation whereas sustaining safety and makes use of a decentralized community of proof-of-stake (PoS) validators. POL is an improve and renaming of the MATIC token. Switching to POL tokens enhances tokenomics and governance rights, permitting stakeholders larger involvement in decision-making and shaping the platform by way of group initiatives.

Able to commerce however don’t have a Kraken account but? Join immediately

Will Kraken make extra belongings accessible?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s accessible tokens may be discovered right here, and all future tokens will likely be introduced on Kraken’s weblog and social media profiles. Our consumer engagement specialists can’t reply any questions on which belongings we could also be making accessible sooner or later. 


These supplies are for common data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to have interaction in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you need to search unbiased recommendation in your taxation place. Geographic restrictions might apply.

Payward Canada Inc., working as Kraken, has filed an software for registration in sure Canadian jurisdictions however has not but obtained registration. Till such time as Payward Canada Inc., working as Kraken, obtains registration, Payward Canada Inc. has agreed to abide by the phrases of an enterprise accessible on the following web page: https://www.securities-administrators.ca/wp-content/uploads/2023/04/20230324-Kraken-PRU-publication-version.pdf.

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