KEY TAKEAWAYS
- XYO is now available for trading on the Kraken exchange, enhancing its accessibility to users.
- Users must ensure deposits are made through supported networks to avoid potential loss of funds.
- XYO Network offers a decentralized oracle network, supporting both Web3 and Web2 applications.
- Kraken plans to expand its asset listings, with updates available through their Listings Roadmap and social media.
XYO has been officially listed for trading on the Kraken exchange, with trading going live on August 13, 2025. This development allows users to engage with XYO through Kraken’s platform, expanding the accessibility of this digital asset.
To begin trading XYO on Kraken, users need to navigate to the Funding section of their Kraken account, select XYO, and proceed with the deposit. It is crucial for users to ensure that their deposits are made using networks supported by Kraken, as deposits made through unsupported networks may result in loss of funds.
Understanding XYO Network
XYO Network is a decentralized protocol that provides a trustless oracle network for both Web3 and Web2 applications. It focuses on incentivizing data aggregation and validation, which supports personal and organizational data sovereignty. The XYO token is integral to the network, powering its SDKs, software suite, and the xyOS platform.
Trading Conditions and Future Listings
Trading XYO 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 be present in the market to ensure efficient order matching. Additionally, geographic restrictions may apply to some users.
Kraken has indicated that more assets will be made available in the future, although specific details about upcoming listings are not disclosed until shortly before launch. Interested users can stay updated on new listings through Kraken’s Listings Roadmap and social media channels.
For more detailed information, the official announcement can be found here.
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