KEY TAKEAWAYS
- Kraken has launched trading for the SWEAT token, enhancing the move-to-earn project’s reach.
- SWEAT incentivizes physical activity, offering rewards for walking and enabling staking and NFT experiences.
- Trading via Kraken’s app will be available once liquidity conditions are met, with potential geographic restrictions.
Kraken has announced that the SWEAT token is now available for trading on its platform. Trading for SWEAT went live on Wednesday, July 2, 2025. This development marks a significant step for the move-to-earn project, which is built on the Sweatcoin platform.
To begin trading SWEAT, users can navigate to the Funding section of their Kraken account, select SWEAT, 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 will be lost.
SWEAT is a token that incentivizes physical activity by rewarding users for walking. The token can be used for staking, participating in NFT-based experiences, and accessing partner offers within a Web3 environment. The Sweatcoin platform, which has been operational since 2016, has achieved over 110 million downloads, highlighting its widespread adoption.
Trading Conditions and Restrictions
Kraken has noted that trading via the Kraken App and Instant Buy will become available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market for orders to be efficiently matched. Additionally, geographic restrictions may apply to the trading of SWEAT.
Kraken has a policy of not disclosing details about future asset listings until shortly before their launch. All available tokens on Kraken can be found on their Listings Roadmap and social media profiles. For more information, the announcement can be viewed here.
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