Blockchain

Trading for GMX (GMX) Begins March 21 – Deposit Now! – Kraken Blog


We are happy to announce that GMX is now available on Kraken!

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The funding is live, and trading will begin on March 21 at approximately 14:30 UTC. Add GMX to your Kraken account by navigating to Funding, selecting an asset, and clicking Deposit.

Note: Deposit GMX on Kraken using the Arbitrum One network only. GMX deposits made using any other network will be lost.

Already have a GMX and Kraken account? Click below to get started ⤵️

GMX is tradable on Kraken and Kraken Pro with the following parameters:

Asset Pair Price Decimal Precision Minimum Order Size Minimum Deposit GMX USD, EUR 6 0.050 0.014

Comment:

Trading will be available through the Kraken app and Instant Buy once liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market to efficiently match their orders).

Here’s what you need to know about tokens:

GMX (GMX) is a swap and spot exchange platform that operates on a decentralized, permissionless system. The exchange is governed by GMX, a native token that serves as a utility, governance and store of value token for the GMX protocol. By staking GMX tokens, users can earn a percentage of protocol fees and other incentives. The GMX platform currently supports Arbitrum and Avalanche Network.

Ready to deposit GMX but don’t have a Kraken account yet? Sign up today!

Will Kraken Make More Assets Available?

Yes! But it is our policy not to reveal any details until shortly before launch – including which properties we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists can answer any questions about what properties we may make available in the future.

trade with care

There is no guarantee that the limit order will be executed. There is also no guarantee that a market order will be executed at a given price. The availability and liquidity of the particular digital asset will affect this type of order.

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These materials are for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell or hold any crypto asset or engage in any specific trading strategy. Some 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 can result in the loss of funds. Tax may be payable on any withdrawal and/or any increase in the value of your crypto assets and you should seek independent advice on your taxation situation.

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