Trading for ADX, BIT, CHR and More Starts June 9 – Deposit Now!

Trading for ADX, BIT, CHR and More Starts June 9 – Deposit Now!

We’re thrilled to announce that Kraken now supports Ambire AdEx (ADX), BitDAO (BIT), Chromia (CHR), COTI (COTI), GensoKishi Metaverse (MV), Alien Worlds (TLM) and Terra Virtual Kolect (TVK)!

Funding and Trading

Funding is live, and trading will begin on June 9 at approximately 14:30 UTC. Keep an eye on the status page for updates.

You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require 20 confirmations (~5 minutes).

All tokens are tradeable against USD and EUR on Kraken and the Kraken Pro interface with the following price precisions and minimum deposits:

Asset Price precision  Minimum deposit
ADX 5 30 ADX
BIT 4 8 BIT
CHR 4 24 CHR
COTI 4 40 COTI
MV 4 8 MV
TLM 5 100 TLM
TVK 5 120 TVK

Note:

  • GensoKishi Metaverse (MV) trading is not available to residents of the United States, Canada and Japan.
  • Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

Here’s what you need to know about the assets:

Ambire AdEx (ADX)

AdEx is a secure and transparent decentralized advertising platform. The protocol was created as an alternative to traditional advertising networks and reduces the ability for network users to report false data. The ADX token is used to create and bid for advertisements on the network.

BitDAO (BIT)

BitDAO is one of the world’s largest decentralized autonomous organizations (DAOs). With a vision of open finance and a decentralized, tokenized economy, BitDAO looks to provide grants for development of decentralized technologies. These include decentralized finance (DeFi) protocols, governance products, privacy services, non-fungible tokens (NFTs) and more. ‌BitDAO is governed by BIT token holders.

Chromia (CHR)

Chromia is a Layer 1 blockchain and relational database for decentralized applications that aims to overcome the limitations of other networks, such as high fees or poor scalability. Chromia’s unique architecture makes it particularly useful for complex datasets. Chroma (CHR) serves as the network’s native utility token, allowing holders to pay for services across the network and earn rewards for helping to secure the network via its staking mechanism. 

COTI (COTI)

COTI is a blockchain based decentralized payment platform created for enterprises, governments and decentralized application developers. COTI utilizes a directed acyclic graph architecture to increase scalability and decrease fees associated with sending digital payments. The COTI token can be directly transacted between users, staked for additional rewards or used to pay for service fees across the COTI ecosystem.

GensoKishi Metaverse (MV)

GensoKishi is the blockchain-based, play-to-earn-powered evolution of Elemental Knights, the popular MMORPG game. GensoKishi aims to build an online metaverse and economy where users can create, buy and sell in-game characters, assets and land. The MV token can be used for accessing exclusive games and events within the gaming metaverse and unlocking discounted prices for in-game items.

Alien Worlds (TLM)

Alien Worlds is a play-to-earn metaverse game where players use spacecraft to engage in missions and mine for valuable resources. A cross-chain bridge allows for the transfer of the game’s native token, Trilium (TLM), between Binance Smart Chain (BSC), WAX and Ethereum. TLM powers Alien World’s in-game economy and can be used to buy assets represented as non-fungible tokens (NFTs) and staked to participate in game governance.

Terra Virtua (TVK)

Terra Virtua is a blockchain-driven collectible platform focusing on virtual reality. Users can collect, display and interact with NFT collections through unique, social focused experiences. Terra Virtua is fueled by the Kolect token (TVK) and is used to create collectibles, farm exclusive NFTs and reward players for completing in-game quests on the platform.

Will Kraken list more assets?

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. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee of executing at a certain price for a market order. The availability and liquidity of the particular digital asset will impact these types of orders.

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.



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