We are excited to announce that LIT, MEME, and MOG are now all available for trading on Kraken!
Financing and trading
Trading for LIT, MEME, and MOG will go live starting at 15:00 UTC today, August 29, 2024.
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 precision of price | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| BED | USD, EUR | 4 | 4 | 4 |
| EVEN | USD, EUR | 5 | 250 | 250 |
| KITTY | USD, EUR | 10 | 5,000,000 | 5,000,000 |
Note:
- Trading via the 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 efficiently matched).
Here is some additional information about these assets:
BED – Litentry is a decentralized identity aggregator that connects user identities together. Its secure execution environment (TEE) preserves privacy, while its IdentityHub provides rich rewards to users who use the Litentry suite. LIT is used to pay network fees and acts as both a utility and governance token.
EVEN – Memecoin bills itself as “literally a meme currency” — with no utility, promises, or roadmap. It was created by Web3-focused venture capital studio Memeland, the team behind 9gag. Its ERC-20 token, MEME, can be staked to farm other memecoins, or used in payments between Ethereum users.
MOG – Mog Coin is a memecoin that describes itself as “the internet’s first cultural currency”. Originally available as an ERC-20 token, the project later implemented support for bridging to Bitcoin. MOG can be sent, held, and received by users on its supported networks.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details before launch, including what assets we are considering. All available Kraken tokens are available here , and all future tokens will be announced on the Kraken blog and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we may make available in the future.
These materials are provided for general informational purposes only and do not constitute investment advice, or a recommendation or solicitation to buy, sell, stake, or hold any cryptoassets, or to participate in any specific trading strategy. Kraken makes no representations or warranties, express or implied, as to the accuracy, completeness, timeliness, suitability, or validity of this information and will not be liable for any errors, omissions, or delays in this information or for any losses, injuries, or damages resulting from the display or use of it. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset that it makes available. Certain crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets may result in the loss of funds. Tax may be payable on any return and/or increase in the value of your crypto assets and you should seek independent advice on your tax position. Geographic restrictions may apply.
