We are excited to announce that Global Dollar ($USDG) is now available for trading on Kraken!
Financing and trading
Trading for $USDG is live from 9:00 p.m. UTC on November 4, 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 |
|---|---|---|---|---|
| USDG | USD, USDC | 5 | 5 | 5 |
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).
- $USDG is currently not available in California, all European Economic Area (EEA) countries, and the United Kingdom.
Here is some additional information about this asset:
World Dollar (USDG): 1 USDG = 1 USD. Designed to drive global stablecoin adoption, USDG is an ERC-20 token built on the Ethereum platform that aims to maintain the price of 1 USD to 1 USDG. According to issuer Paxos, this is done by holding an equivalent value of US dollar-denominated assets in reserve.
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 Kraken’s blog 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. Through its partnership with Global Dollar Network, Kraken enjoys an economic advantage in the amounts of USDG issued, held on the platform and received during on-chain transfers.
