Friday, March 21, 2025

Kraken Lists APENFT and SPICE for Trading

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KEY TAKEAWAYS

  • Kraken has launched trading for APENFT and SPICE, enhancing its cryptocurrency offerings.
  • APENFT aims to integrate traditional art with blockchain, supporting NFT platforms and artists.
  • SPICE is the native token of Lowlife Forms, facilitating transactions and governance in a Web3 entertainment universe.
  • Kraken plans to expand its asset listings, with future announcements on their Listings Roadmap and social media.

Kraken has announced the addition of two new cryptocurrencies, APENFT and SPICE, to its trading platform. Trading for these assets went live at 15:00 UTC on March 20, 2025. This development allows users to engage with these tokens on one of the leading cryptocurrency exchanges.

To begin trading APENFT and SPICE, users can navigate to the ‘Funding’ section of their Kraken account, select the desired asset, and proceed with the deposit. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks may be lost.

Understanding APENFT and SPICE

APENFT is a project that aims to bridge the gap between traditional art and blockchain technology. By investing in top NFT platforms, artists, and collections, APENFT supports art exhibitions and galleries while acquiring both digital and physical artworks. The project leverages blockchain technology to expand the use cases of NFTs, driving innovation in value exchange, collaboration, and record-keeping.

SPICE, on the other hand, is the native token of Lowlife Forms, a Web3 entertainment universe that combines gaming, AI, and meme culture. SPICE serves as the ecosystem’s primary token, facilitating in-game transactions, rewards, and governance within this immersive world.

Trading Conditions and Future Listings

Kraken has noted that trading via the Kraken App and Instant Buy will be available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market for efficient order matching. Additionally, geographic restrictions may apply to these new listings.

Looking ahead, Kraken plans to continue expanding its asset offerings. However, the exchange maintains a policy of not disclosing details about potential future listings until shortly before their launch. All current and future tokens will be announced on Kraken’s Listings Roadmap and social media profiles. More information about the new listings can be found here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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