KEY TAKEAWAYS
- Kraken has launched trading for Kaspa ($KAS), allowing users to trade the cryptocurrency against USD and EUR.
- Kaspa utilizes a unique BlockDAG architecture, enabling fast transaction speeds and scalability.
- Trading for $KAS is not available in Germany, and users must ensure deposits are made through supported networks.
Kraken has announced that Kaspa ($KAS) is now available for trading on its platform. Trading for the cryptocurrency went live at 14:00 PM UTC on November 19, 2024. Users can now fund their accounts and begin trading $KAS on Kraken and Kraken Pro.
To add Kaspa to a Kraken account, users should navigate to the Funding section, select the desired asset, and proceed with the deposit. It is important to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks will be lost.
Trading Parameters and Availability
The new $KAS tokens can be traded against USD and EUR on Kraken. The trading parameters include a price decimal precision of 0.00001, a minimum order size of 50, and a minimum deposit of 50. Trading via the Kraken App and Instant Buy will be available once liquidity conditions are met, ensuring efficient order matching.
It is important to note that $KAS is not available for trading in Germany (DE). More information about this asset can be found on Kraken’s official announcement here.
About Kaspa (KAS)
Kaspa is a decentralized, high-performance blockchain that utilizes a unique BlockDAG (Directed Acyclic Graph) architecture. This design allows for fast transaction speeds and scalability by enabling multiple blocks to be processed simultaneously. Kaspa aims to provide efficient, secure, and low-cost blockchain solutions.
Kraken has indicated that more assets will be made available in the future, although specific details are not disclosed until shortly before launch. All available tokens and future listings can be found on Kraken’s Listings Roadmap and social media profiles.
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