Thursday, November 17, 2022
HomeBitcoinMATIC deposits and withdrawals obtainable on the Polygon Community!

MATIC deposits and withdrawals obtainable on the Polygon Community!

We’re thrilled to announce that Kraken now helps deposits and withdrawals of Polygon (MATIC) on the Polygon Community! In the event you beforehand deposited MATIC to Kraken over the Polygon community, your deposit ought to now be credited in your account.

Along with supporting MATIC natively on Polygon, we’ll proceed to help deposits and withdrawals of MATIC on the Ethereum community (ERC-20).

Funding, buying and selling and staking

Funding and buying and selling are already reside. You possibly can switch MATIC tokens to your Kraken account by navigating to Funding, deciding on MATIC and within the drop-down field the specified deposit methodology (community): both Ethereum (ERC-20) or Polygon community. Please observe that every other deposit strategies will lead to misplaced MATIC tokens. 

Earn as much as 14% in yearly rewards by staking your MATIC from the Earn part of your Kraken account or out of your Professional cell app. MATIC staking on Kraken is gasless, which means there aren’t any community transaction charges for staking and unstaking or for claiming and withdrawing staking rewards. Moreover, Kraken makes it straightforward so that you can stake and unstake at any time, with no lockup intervals.

Right here’s what it is advisable know concerning the asset:

Polygon (MATIC) is a Layer 2 scaling resolution and improvement infrastructure for Ethereum. Polygon will increase the transaction throughput for Ethereum-based belongings and makes use of a modular framework to help the execution of interoperable good contracts. MATIC is the utility token of the platform which is used to pay for community transaction charges, earn rewards for securing the community via staking and vote on choices that have an effect on the way forward for the platform.

Take a look at the Kraken Study Middle information What’s Polygon? to be taught extra.

Will Kraken make extra belongings obtainable?

Sure! However our coverage is to by no means reveal any particulars till shortly earlier than launch – together with which belongings we’re contemplating. All of Kraken’s obtainable tokens may be discovered right here, and all future tokens will probably be introduced on Kraken’s weblog and social media profiles. Our shopper engagement specialists can’t reply any questions on which belongings we could also be making obtainable sooner or later. 

Commerce with warning

There isn’t a assure {that a} restrict order will execute. There may be additionally no assure a market order will execute at a sure value. The provision and liquidity of the actual digital asset will affect a majority of these orders.



These supplies are for common data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote or maintain any cryptoasset or to interact in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you must search impartial recommendation in your taxation place.



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