We are excited to announce that CoW Protocol and TokenFi are now available for trading on Kraken!
Financing and trading
Trading on Cow Protocol and TokenFi will be live starting at 15:00 UTC today, January 15, 2025.
To add an asset to your Kraken account, go to Funding, select the asset you are looking for and click “Deposit”.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
The new tokens are tradable on Kraken and Kraken Pro with the following parameters:
| Active | Pair | Decimal price precision | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| COW | USD, EUR | 0.0001 | 20 | 20 |
| TOKEN | USD, EUR | 0.00001 | 100 | 100 |
Note:
- Trading through Kraken App and Instant Buy will be available once liquidity conditions are met. (when enough buyers and sellers have entered the market for their orders to be effectively matched).
- COW East not available in OF.
- TOKEN East not available in OF.
Here is some additional information about these assets:
CoW Protocol (COW) is the native token of CowSwap, a decentralized exchange focused on creating efficient and user-friendly trading. CowSwap optimizes trade settlements by leveraging batch auctions and preventing front-running. The COW token serves as a governance token and is used to incentivize liquidity providers and exchange participants.
TokenFi (TOKEN) is the native token of the TokenFi platform – a transparent and user-friendly environment for managing and trading real-world tokenized assets. TOKEN is used to enable transactions, provide governance and as incentives within the TokenFi platform.
Ready to trade but don’t have a Kraken account yet? Register today!
Will Kraken make more assets available?
Yes! But our policy is not to reveal any details until shortly before launch, including which assets we are considering. All available Kraken tokens can be found here, and all future tokens will be announced on our announcement roadmap and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we might make available in the future.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any specific trading strategy . Kraken does not and will not endeavor to increase or decrease the price of any particular crypto-asset it makes available. Some crypto products and markets are regulated and others are not; In any event, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation programs and/or regulatory protections. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply. View legal notices for each jurisdiction here.
