MNT, KUJI, HONEY trading starts from July 3rd.
We are excited to announce that Mantle (MNT), Kujira (KUJI), and Hivemapper (HONEY) are now available on Kraken!
Funding and Trading
MNT, KUJI, HONEY funding is now open and trading will commence on July 3, 2024.
Go to Funding, select an asset, and press Deposit to add tokens to your Kraken account.
You must deposit tokens on a network supported by Kraken. Any deposits made using other networks will be lost.
The new token will be tradable on Kraken and Kraken Pro with the following parameters:
| Legacy | pair | Price Decimal Precision | Minimum order size | Minimum deposit amount |
|---|---|---|---|---|
| MT | US Dollar, Euro | 4 | 10 | 10 |
| Continue | US Dollar, Euro | 4 | 2 | 2 |
| honey | US Dollar, Euro | 2 | 50 | 50 |
memo: Trading and instant purchases via the Kraken app are available when liquidity conditions are met. (when enough buyers and sellers have entered the market to enable orders to be matched efficiently).
Here are more details about the token:
Mantle Network (MNT) An Ethereum Layer 2 solution that aims to create an EVM-compatible scaling solution. Featuring optimistic rollups and a modular architecture, the solution leverages Ethereum validators to increase throughput and reduce gas fees. The MNT token acts as both a governance and utility token, allowing users to participate in the ecosystem’s DAO and pay transaction fees.
KUJI is a decentralized ecosystem focused on providing sustainable solutions for fintech protocols, builders, and users. It democratizes access to wealth accumulation opportunities by offering a full suite of DeFi products, prioritizing user experience and operational sustainability. The native token of the ecosystem, KUJI, is used to pay network fees and can be staked to earn rewards and participate in protocol governance.
Hivemapper(HONEY) A decentralized mapping network that builds global maps using AI and crowdsourced data. It uses dashcam and mobile phone telemetry to perform updates, allowing personal and enterprise decentralized applications (dApps) to utilize up-to-date geolocation data. HONEY, a Solana-based token, powers Hivemapper’s incentive system by rewarding contributors who contribute to building the global map network.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Is Kraken planning to release more assets?
Yes! However, our policy is not to disclose any details until just before launch, including assets under consideration. All available tokens on Kraken can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our customer engagement specialists cannot answer questions about what assets will be offered in the future.
This material is provided for general information purposes only and is not intended to be investment advice or a recommendation or solicitation to buy, sell, hold, or otherwise engage in any particular trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of this information and assumes no liability for any errors, omissions or delays in the presentation or use of this information or for any loss, injury or damage arising from such information. Kraken does not and will not seek to increase or decrease the price of any particular crypto asset it offers. Some crypto products and markets are unregulated and may not be protected by governmental compensation and/or regulatory protections. The unpredictable nature of the crypto asset markets can result in the loss of funds. Taxes may apply on gains and/or appreciation in the value of crypto assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.
