KEY TAKEAWAYS
- Kraken has listed two new cryptocurrencies, Liquity (LQTY) and Gravity (G), available for trading against USD and EUR.
- Liquity is an Ethereum-based protocol allowing users to mint stablecoins by depositing Ethereum or liquid staking tokens.
- Gravity is an EVM-compatible blockchain designed for mass adoption, offering sub-second finality and cross-chain functionality.
- Trading on Kraken App and Instant Buy will be available once liquidity conditions are met, with future listings announced close to launch.
Kraken has announced the addition of two new cryptocurrencies, Liquity (LQTY) and Gravity (G), to its trading platform. Trading for both assets commenced at 15:00 PM UTC on January 22, 2025. The announcement was made here.
Users interested in trading these new tokens can do so on both Kraken and Kraken Pro. Liquity is available for trading against USD and EUR with a price decimal precision of 0.0001, a minimum order size of 5, and a minimum deposit of 5. Gravity, on the other hand, is also paired with USD and EUR, featuring a price decimal precision of 0.00001, a minimum order size of 200, and a minimum deposit of 200.
Understanding Liquity and Gravity
Liquity is an Ethereum-based borrowing protocol that allows users to mint stablecoins by depositing Ethereum (ETH) or liquid staking tokens (LSTs). The protocol emphasizes decentralization, security, and user-friendliness. Users can earn yield by depositing their minted stablecoins, and the LQTY token is awarded to depositors, which can be staked to earn fees and participate in governance.
Gravity is an EVM-compatible blockchain designed for mass adoption. It offers sub-second finality and cross-chain functionality, aiming to simplify interactions for users and developers on a large scale. The native token, G, serves as a gas token and will later be used to secure the network through staking.
Trading Availability and Future Listings
While trading via the Kraken App and Instant Buy will be available once liquidity conditions are met, Kraken has a policy of not disclosing future asset listings until shortly before their launch. All available tokens and future listings can be tracked on Kraken’s Listings Roadmap and social media profiles.
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