The team at digital asset firm Kraken is pleased to confirm that their crypto trading platform now supports Robonomics (XRT).
As noted in a blog post by Kraken, funding “is live, and trading will begin on March 24 at approximately 19:30 UTC.” You may “keep an eye on the status page for updates.”
You may add XRT to your Kraken account ‘by navigating to Funding, selecting the asset, and hitting Deposit.” Deposits “require 20 confirmations (~5 minutes).”
XRT will be “tradable against USD and EUR, with a price precision of 2 decimal places.” (Note: Trading is “not available to residents of the USA, Canada, Australia and Japan”).
As explained in the blog post, Robonomics is “an open-source platform that enables the creation of Internet-of-Things (IoT) decentralized applications (dApps) on the Ethereum and Kusama networks.”
dApps on the Robonomics network “sync and secure data transmitted between users and their IoT devices with an on-chain ‘digital twin’ of each device.” The XRT token can be “traded or staked and is the utility token that controls IoT devices on the Ethereum network and the Robonomics parachain.”
Kraken and Kraken Pro interface “will be available for XRT,” the update confirmed while noting that Kraken Futures and Margin Trading “won’t be available at launch.”
Commenting on whether Kraken list more assets, the company clarified:
“Yes. But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future.”
In another update, Kraken noted that they now support trading with Convex Finance (CVX), Frax Share (FXS), Multichain (MULTI), Powerledger (POWR), PlayDapp (PLA), Quant (QNT), Rubic (RBC), SuperRare (RARE) and Tokemak (TOKE).
For more details on this update, check here.