KEY TAKEAWAYS
- Kraken has expanded its trading platform by adding four new cryptocurrencies: GUN, JST, K, and USDD, with trading starting on April 1, 2025.
- Users must deposit these assets using supported networks to avoid loss, highlighting the importance of network compatibility.
- Each newly listed asset serves a unique role within its ecosystem, from governance and utility functions to stablecoin backing.
- Kraken’s future listings will be announced close to their launch, maintaining a strategic approach to asset introduction.
Kraken has announced the addition of four new cryptocurrencies to its trading platform: GUN, JST, K, and USDD. Trading for these assets will commence at 15:00 UTC on April 1, 2025. This development was announced on Kraken’s official blog.
To begin trading, users can deposit these assets into their Kraken accounts by navigating to the Funding section, selecting the desired asset, and clicking ‘Deposit’. It is crucial for users to ensure that deposits are made using networks supported by Kraken, as deposits made through unsupported networks will be lost.
Understanding the New Listings
The newly listed assets each serve distinct roles within their respective ecosystems. GUN is the native token of the GUNZ ecosystem and Off The Grid games, facilitating gas fees, validator rewards, and cross-game infrastructure. It also enables in-game purchases, upgrades, and customizations.
JST is the governance and utility token of the JUST DeFi ecosystem on the TRON network. It plays a critical role in platform governance, stability fees, and system maintenance, influencing parameters like interest rates and collateral ratios.
K serves as the governance token for the Kinto network, a compliance-focused Layer 2 designed for institutional use. It is central to protocol upgrades, treasury decisions, and validator coordination, aligning incentives and securing infrastructure.
USDD is a decentralized, crypto-collateralized stablecoin pegged to the U.S. dollar. It is backed by transparent reserves and governed by the community, offering high-yield staking and secure asset protection.
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 a sufficient number of buyers and sellers must enter the market for efficient order matching. Additionally, geographic restrictions may apply to some users.
Regarding future asset listings, Kraken maintains a policy of not disclosing details until shortly before launch. All available tokens can be found on Kraken’s platform, and future listings will be announced on their Listings Roadmap and social media channels.
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