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Home Crypto Exchanges

SAND, ENJ and LPT trading starts May 20 – Deposit Now

by 247 Crypto
May 17, 2021
in Crypto Exchanges
Reading Time: 5 mins read
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Kraken is supporting three new belongings: Sandbox (SAND), Enjin (ENJ) and LivePeer (LPT). 

  • Deposits for all three belongings can be found beginning now. 
  • Buying and selling will start on Might 20 at roughly 15:30 UTC for all belongings.

Efficient as we speak, buying and selling can also be now dwell for RARI, GHST and MATIC. Kraken now provides buying and selling on greater than 60 digital belongings. 

Deposits for all belongings are at the moment open so you’ll be able to deposit now!

Word: Buying and selling will not be accessible to residents of the USA, Canada, Australia and Japan.

Right here’s a rundown of the brand new belongings accessible for deposit on Kraken as we speak.

Sandbox (SAND) – The Sandbox is a digital universe constructed on Ethereum the place individuals should purchase, construct, govern, earn and personal digital objects utilizing SAND, its native cryptocurrency. SAND holders can even use their voting energy on inside choices and enhancements proposals of the Sandbox ecosystem. As a participant, you’ll be able to create your individual NFTs, import them and create your world.

Enjin (ENJ) – Enjin is an Ethereum-based decentralized software (dapp) designed for builders to create and handle digital in-game items and collectables. ENJ, Enjin’s native cryptocurrency, is central in managing the digital belongings on its platform as every in-game merchandise created on Enjin is assigned a price in ENJ.

LivePeer (LPT) – Liverpeer is a decentralized video streaming platform constructed on the Ethereum blockchain. Builders can even use LivePeer to combine dwell or on-demand video into their functions. The Livepeer Token (LPT) offers customers the best to take part within the community. LPT holders can change into delegators by staking their tokens, incomes them a portion of the charges as a reward for making certain a high-quality and safe community.

What time will funding and buying and selling begin?

  • Funding: Already accessible – you’ll be able to deposit SAND, ENJ and LPT now! 
  • Buying and selling: Begins Might 20 at roughly 15:30 UTC (Kraken will allow order entry and execution right now)
  • Updates will probably be posted on the standing web page close to launch time

Buying and selling pairs for SAND, ENJ and LPT

Every new asset will probably be accessible for buying and selling within the following quote currencies:  USD, EUR, GBP, and BTC.

The way to deposit SAND, ENJ and LPT

  1. Navigate to “Funding” > Choose the asset. Yow will discover the asset both by ticking “Present all belongings” or by looking (e.g for “ENJ” or “LPT”).
  2. Click on “Deposit” subsequent to the asset and comply with the on-screen directions.

Confirmations required earlier than deposits credit score

  • SAND: 20 (about 5 minutes)
  • ENJ: 20 (about 5 minutes)
  • LPT: 20 (about 5 minutes)

Buying and selling minimums

Charges and funding minimums 

Which providers will probably be accessible for SAND, ENJ and LPT?

Out there

Not (but) accessible

Will Kraken record extra belongings?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – not even about which belongings we’re contemplating. Our shopper engagement specialists can not reply any questions on which belongings we could also be itemizing sooner or later.

Commerce with warning

Restrict orders are really useful when buying and selling begins for the reason that markets could also be illiquid initially. Be extraordinarily cautious with market orders and orders that set off market orders (e.g. cease loss).

Make investments with warning

Itemizing an asset or token for commerce will not be a suggestion to purchase, promote, or take part within the related community. Do your individual analysis and make investments at your individual danger.

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