Beam (BEAM) Trading Begins April 11th – Deposit Now
We are very excited to announce that. beam (beam) Now available on Kraken!
important: Kraken does not support migrating MC tokens to BEAM. If you hold MC tokens and would like to migrate them, please follow the instructions provided in this tutorial and FAQ: Beam Token Migration Tutorial and FAQ.
Alternatively, you can access the migration tool directly from the Merit Circle Migration Portal.
Funding and Transactions
Financing for BEAM is underway and trading will begin on April 11. Add BEAM to your Kraken account by going to: fundingSelect an asset and tap deposit.
Deposit BEAM only on Ethereum. Deposits made using other networks will be lost.
Do you have a BEAM and Kraken account? ⤵️
BEAM is tradable on Kraken and Kraken Pro using the following parameters:
| Legacy | pair | Price decimal precision | Minimum order size | Minimum deposit amount |
| beam | US Dollar, Euro | 2 | 40 | 50 |
memo:
- Once liquidity conditions are met, trading will become available through the Kraken app and Instant Buy. (when a sufficient number of buyers and sellers enter the market for orders to be matched efficiently)
- Not available in Canada.
Here is additional information about the token:
beam (beam) A gaming-focused blockchain from Merit Circle (MC) aimed at revolutionizing game development, player experiences, and asset trading. This allows seamless cross-chain transfer of game assets to Omnichain NFTs. BEAM allows users to pay blockchain transaction fees and also serves as a governance token.
Find out more about Beam. Crypto Asset Statement.
Ready to trade but don’t have a Kraken account yet? Join now!
Will Kraken have more assets available?
yes! However, our policy is not to disclose any details, including the assets we are considering, until shortly before launch. 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 Customer Engagement Specialists are unable to answer questions about what assets we may offer in the future.
Trade with caution
There is no guarantee that limit orders will be executed. There is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.
