USDC deposits and withdrawals now accessible on Optimism!


We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin (USDC) on Optimism!

Funding

USDC funding by way of Optimism is already dwell. You may switch USD Coin (USDC) to your Kraken account by navigating to Funding and deciding on USDC. From there, use the drop-down field to pick the specified deposit technique (community): Optimism. 

Notice: Kraken at present helps two variations of USDC: USDC.e and Optimism’s native USDC.

Received USDC on Optimism? ⤵️

Right here’s what you might want to know in regards to the asset

USD Coin (USDC) is a USD-backed stablecoin that’s backed by the US greenback. It permits for quicker and more economical transactions in comparison with conventional banking choices. Every USD Coin is valued at one US greenback, successfully offering a price-stable cryptocurrency. Learn to add USDC to your crypto portfolio with our Be taught Heart article How you can Purchase USD Coin (USDC).

Optimism (OP) is a Layer 2 scaling resolution carried out on the Ethereum community. It employs a expertise often known as optimistic rollups to combination a number of transactions, thereby assuaging congestion and reducing transaction charges on the Ethereum mainnet. OP is Optimism’s native governance token, which permits OP token holders to take part in choices concerning the protocol’s future path, upgrades and parameters.

Able to deposit however don’t have a Kraken account but? Enroll right this moment!

Commerce with warning

There is no such thing as a assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure worth. The provision and liquidity of the actual digital asset will impression these kinds of orders.

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These supplies are for common data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any explicit cryptoasset it makes accessible. Some crypto merchandise and markets are unregulated, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your cryptoassets and you must search unbiased recommendation in your taxation place. Geographic restrictions might apply.

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