We are excited to announce that Reserve Rights ($RSR) and Vanar Chain ($VANRY) are now available for trading on Kraken!
Financing and trading
Trading for $RSR and $VANRY is live from 2:00 p.m. UTC on November 26, 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 price precision | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| RSR | USD, EUR | 0.00001 | 1000 | 1000 |
| VANRY | 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).
- $RSR is currently not available in the United States, Germany, and California.
- $VANRY is currently not available in DE.
Here is some additional information about these assets:
Reserve rights (RSR) – RSR is the governance token common to all Reserve Protocol asset-backed currencies (“RTokens”). The RSR can be staked on any RToken, where it plays two roles: (1) the staked RSR can receive a portion of the RToken collateral revenue in exchange for being the first capital at risk in the event of warranty default, and (2) Staked RSR proposes and votes on changes to the RToken configuration. RSR holders can also decide not to stake their RSR at all.
Vanar Channel (VANRY) – VANRY is a leading decentralized asset management platform offering users algorithmic trading and portfolio optimization tools. It leverages blockchain technology to ensure transparent, secure and automated investment strategies for cryptocurrencies. VANRY offers scalability and intuitive interfaces, allowing investors to maximize returns with minimal effort, revolutionizing the way portfolios are managed.
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 trading strategy. specific trading. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of this information and shall not be liable for any errors, omissions or delays. in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection programs. 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.
